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Knowledge Base

Glossary

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

001
1X2
1X2 – A three‑way market where you bet on a home win (1), draw (X) or away win (2).
002
Accumulator
Accumulator – A single bet that links two or more selections; all must win for the bet to pay out.
003
Anytime Goalscorer
Anytime Goalscorer – A bet that a selected player will score at any point during the match.
004
Asian Handicap
Asian Handicap – A handicap applied to a team to level the playing field, eliminating the draw and giving odds closer to evens.
005
Back Bet
Back Bet – A conventional bet that an outcome WILL happen, placed against the bookmaker.
006
Bankroll
Bankroll – The total amount of money you have set aside for betting.
007
Bet Builder
Bet Builder – A tool that lets you combine multiple markets from the same match into one personalized wager.
008
Betting Exchange
Betting Exchange – A platform where punters bet against each other, offering lay and back options with variable odds.
009
BTTS
BTTS – Short for Both Teams to Score; a bet that each side will score at least one goal during the match.
010
Cash Out
Cash Out – A feature that lets you settle a bet before the event ends, locking in a profit or limiting a loss.
011
Correct Score
Correct Score – A wager on the exact final score of a match, such as 2‑1 or 0‑0.
012
Double Chance
Double Chance – A bet that covers two of the three possible outcomes (e.g., home win or draw) in a single wager.
013
Draw No Bet
Draw No Bet – A market where you pick a winner, but your stake is refunded if the match ends in a draw.
014
First Goalscorer
First Goalscorer – A bet on which player will score the opening goal of the match.
015
Free Bet
Free Bet – A no‑cost bet credited by the bookmaker, usually with terms such as minimum odds or rollover requirements.
016
Half-Time/Full-Time
Half-Time/Full-Time – A market where you predict both the result at halftime and the final result.
017
Handicap Betting
Handicap Betting – A market where a disadvantage is given to a team to balance the odds, often used in Asian Handicap.
018
In-Play Betting
In-Play Betting – Placing a bet after the match has started, with odds that update as the game progresses.
019
Lay Bet
Lay Bet – A bet that an outcome will NOT happen, typically placed on a betting exchange.
020
Odds
Odds – The price that reflects the implied probability of an outcome and determines how much you can win.
021
Over/Under
Over/Under – A bet on whether the total number of goals scored will be more or less than a line set by the bookmaker.
022
Parlay
Parlay – Another term for an accumulator; a series of linked selections that require all to win.
023
Stake
Stake – The amount of money you risk on a bet.
024
Unit
Unit – A standard measure (often a percentage of your bankroll) used to size bets consistently.
025
Value Bet
Value Bet – A bet where you believe the odds offered are higher than the true probability of the outcome.