Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- Asian Handicap
- Asian Handicap gives one team a fractional goal advantage or disadvantage to eliminate the draw option and equalize odds.
- Bankroll
- Your bankroll is the total amount of money you have set aside for betting.
- Bookmaker
- A bookmaker is a company that sets odds and accepts bets on sporting events.
- Both Teams To Score
- Both teams to score is a bet that both sides will score at least one goal during the match.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Closing Line
- The closing line is the final odds offered just before the event starts; getting a better line than the closing line indicates value.
- Double Chance
- Double chance lets you cover two of the three possible match results in one bet, lowering the risk.
- Edge
- Edge is the advantage a bettor has over the bookmaker, often measured by expected value.
- First Goal Scorer
- First goal scorer is a prop bet on which player will net the opening goal of the match.
- In-Play
- In‑Play betting lets you place bets while a match is already in progress, with odds that update live.
- Juice
- Juice, also called vig, is the commission the bookmaker charges for taking your bet, built into the odds.
- Line Movement
- Line movement describes how the odds or point spread change over time as more bets are placed.
- Live Betting
- Live betting is the same as in‑play; you bet on a game as it unfolds, reacting to the action.
- Margin
- Margin is the bookmaker’s built-in profit margin, reflected in the odds slightly favoring the house.
- Market
- A market refers to a specific betting option, such as the outcome of a match or a player’s performance.
- Moneyline
- A moneyline bet is simply picking which team will win the match, with odds reflecting each team's chances.
- Odds
- Odds represent the probability of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- A parlay combines multiple bets into one; you win only if every selection within the parlay is correct.
- Spread
- A spread is a points handicap set by the bookmaker to make uneven matchups more balanced for betting.
- Square
- A square is a casual bettor who often follows public opinion and is less precise with odds.
- Unit
- A unit is a standard amount of your bankroll used to size bets, usually 1‑5% of the total.
- Value Bet
- A value bet occurs when the odds offered are higher than the true probability of the outcome, giving you an edge.