Knowledge Base
Glossary
Plain-English definitions for the terminology used across Match Daily.
- AML
- AML stands for Anti‑Money Laundering; these rules prevent the use of betting platforms for illegal money transfers.
- Arbitrage
- Arbitrage is the practice of betting on all possible outcomes of an event across different bookmakers to guarantee a profit.
- Asian Handicap
- Asian handicap is a spread bet that uses half‑goal lines to eliminate the draw and reduce the number of possible outcomes.
- Bankroll
- Bankroll is the total amount of money you have set aside specifically for placing bets.
- Bet Limit
- Bet limit is the maximum amount you are allowed to wager on a particular market or event.
- Bonus
- A bonus is extra funds added to your account, often tied to deposit matches or special promotions, and may have conditions attached.
- Cash Out
- Cash out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Deposit Bonus
- A deposit bonus matches a percentage of your deposit with extra funds, subject to wagering conditions.
- Edge
- Edge is the advantage a bettor believes they have over the bookmaker’s odds, often expressed as a percentage.
- Free Bet
- A free bet is a promotional token you can use to wager without risking your own money; any winnings are usually returned without the stake.
- In-play Betting
- In‑play betting lets you place bets on a match after it has already started, with odds that update during the game.
- KYC
- KYC stands for Know Your Customer; it’s the process of verifying your identity to comply with legal and security standards.
- Moneyline
- A moneyline bet is a straight wager on which team will win a match, ignoring any point spread.
- Odds
- Odds represent the chance of a particular outcome happening and determine how much a winning bet pays.
- Over/Under
- An over/under bet asks whether the total number of goals scored in a match will be higher or lower than a set number.
- Parlay
- A parlay combines two or more selections into a single bet; all selections must win for the bet to pay out.
- Point Spread
- The point spread assigns a handicap to the favored team to make the betting outcome more even.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control of your betting activity and avoid harmful behavior.
- Risk‑Free Bet
- A risk‑free bet refunds your stake if the bet loses, usually as a free bet or site credit.
- Rollover
- Rollover is the total amount of bets you must place before bonus funds become withdrawable.
- Self‑exclusion
- Self‑exclusion is a tool that lets you block your own account for a set period, preventing you from placing bets.
- Stake
- Stake is the amount of money you put on a single bet.
- Value Bet
- A value bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving the bettor an edge.
- Vig
- Vig, also called juice, is the commission a bookmaker charges for taking a bet, built into the odds.
- Wagering Requirement
- Wagering requirement is the number of times you must bet the bonus amount before you can withdraw any winnings.