Knowledge Base

Glossary

Plain-English definitions for the terminology used across Match Daily.

Bankroll: Your bankroll is the total amount of money you have set aside for betting.
Bet Builder: Bet Builder lets you combine multiple selections from the same match into a single custom bet.
Bet Slip: A bet slip is the record of your chosen bets, including the stake and potential payout, which you confirm to place the bet.
Bonus: A bonus is extra funds or free bets offered by the sportsbook, often with conditions attached.
Both Teams to Score: Both Teams to Score is a bet on whether both teams will score at least one goal during the match.
Cash Out: Cash out allows you to settle your bet before the event ends, locking in a profit or minimizing a loss.
Cashback: Cashback is a bonus that returns a percentage of your losses over a set period, usually as bonus funds.
Correct Score: A correct score bet requires you to predict the exact final score of a match.
Double Chance: Double Chance allows you to cover two of the three possible outcomes in a match with one bet.
Free Bet: A free bet is a bet you can place without using your own money, with any winnings usually returned as cash.
Futures: Futures are bets on the outcome of a tournament or season, such as who will win the World Cup.
Handicap: A handicap gives one team an advantage or disadvantage to balance the odds, often used in spread betting.
In-Play Betting: In-play betting, also known as live betting, lets you place bets on a match while it is in progress.
Moneyline: A moneyline bet is a straightforward wager on which team will win a match, without any point spread.
Odds: Odds indicate how likely an event is to happen and determine how much you can win if your bet wins.
Over/Under: Over/Under is a bet on whether the total score in a match will be over or under a set number.
Parlay: A parlay is a single bet that combines two or more selections; all must win for you to get a payout.
Props: Props, short for proposition bets, are wagers on specific events within a match, like which player scores first.
Provably Fair: Provably fair is a system that allows players to verify that each game result is random and not manipulated.
RTP: RTP stands for Return to Player, the percentage of total bets a game pays back to players over time.
Spread: The spread is a handicap used to level the playing field between two teams, with one team getting points and the other giving points.
Stake: The stake is the amount of money you risk on a single bet.
Vigorish: Vigorish, also called juice, is the commission the sportsbook charges for taking your bet, built into the odds.
Volatility: Volatility measures how often and how much a game pays out; high volatility means bigger but rarer wins.
Wagering Requirement: A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.