Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- Asian Handicap assigns a positive or negative goal advantage to each team to remove the draw option, giving two possible outcomes.
- Bankroll
- Your bankroll is the total amount of money you have set aside for placing bets.
- Bonus Rollover
- Bonus rollover refers to the total amount you must wager through before a bonus becomes cashable.
- Cashout
- Cashout lets you settle a bet before the match ends, locking in a profit or limiting a loss based on the current score.
- Closing Line
- The closing line is the final set of odds offered just before a match starts, after all adjustments have been made.
- Closing Line Value
- Closing line value measures whether the odds you took were better than the final closing line, indicating a potential edge.
- Deposit Match
- A deposit match bonus awards you a percentage of your deposit as bonus funds, subject to wagering conditions.
- Free Bet
- A free bet is a credit you can use to place a wager without using your own money, with any winnings usually returned.
- Juice
- Juice is the commission a bookmaker charges on a bet, reflected in the odds as a small extra margin.
- KYC
- KYC stands for Know Your Customer, a verification process where you prove your identity and address to comply with regulations.
- Live Betting
- Live betting allows you to place bets on a match while it is in progress, with odds that update as the game unfolds.
- Moneyline
- A Moneyline bet is a straightforward wager on which team will win a match, with odds reflecting each team’s likelihood.
- Odds Format
- Odds format describes how odds are displayed, such as decimal, fractional, or American, each showing potential payout differently.
- Odds Movement
- Odds movement refers to how the odds change over time as more people bet and new information becomes available.
- Over/Under
- Over/Under betting asks you to predict if the total number of goals in a match will be higher or lower than a set line.
- Parlay
- A Parlay combines multiple selections into a single wager; all selections must win for the bet to pay out.
- Prop Bet
- A Prop bet focuses on a specific event within a match, such as which player scores first or how many yellow cards are given.
- Regulated Market
- A regulated market is a jurisdiction where betting services operate under legal oversight and must follow specific rules.
- Risk-Free Bet
- A risk‑free bet refunds your stake if the bet loses, typically as a free bet for the same amount.
- Self-Exclusion
- Self‑exclusion is a tool that lets you block your own account for a set period, preventing you from placing bets.
- Spread Betting
- Spread betting gives a handicap to one team to level the playing field, and you bet on whether the adjusted outcome is achieved.
- Stake
- The stake is the specific amount of money you risk on a single bet.
- Value Bet
- A value bet occurs when the odds a bookmaker offers are higher than the true probability of the outcome, giving an expected profit.
- Wagering Requirement
- A wagering requirement tells you how many times you must bet the bonus funds before you can withdraw any winnings.