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Knowledge Base

Glossary

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

001
Accumulator
An Accumulator is a type of bet that combines multiple selections, where the winnings from each selection roll over to the next.
002
AML
AML stands for Anti‑Money Laundering, a set of rules that detect and prevent illegal money flows through the betting platform.
003
Arbitrage Betting
Arbitrage Betting exploits differences in odds across bookmakers to place opposing bets on all outcomes and secure a risk‑free profit.
004
Asian Handicap
Asian Handicap is a betting line that gives a virtual advantage or disadvantage to a team, eliminating the draw outcome.
005
Bet Builder
Bet Builder is a feature that lets you combine multiple markets from a single match into one custom wager.
006
Bet Slip
A Bet Slip is the digital record that lists the selections, odds, and stake for a wager you intend to place.
007
Cash Out
Cash Out lets you settle a bet before the event ends, locking in a profit or limiting a loss based on current odds.
008
Cashback
Cashback is a promotion that returns a portion of your losses over a set period, credited as bonus funds or real cash.
009
Dutching
Dutching is the practice of splitting a stake across several selections in the same event to ensure an equal profit regardless of which one wins.
010
Free Bet
A Free Bet is a token the site gives you that lets you place a wager without using your own money, with any winnings usually returned minus the free bet stake.
011
House Edge
House Edge is the built‑in advantage the betting platform holds, expressed as a percentage of each bet.
012
In-Play Betting
In-Play Betting allows you to place bets on a match while it is already in progress, with odds that change as the game unfolds.
013
KYC
KYC means Know Your Customer, a process where the site verifies a player's identity to prevent fraud and under‑age gambling.
014
Live Betting
Live Betting is the same as In‑Play Betting, offering odds that update in real time during a match.
015
Matched Betting
Matched Betting is a technique that uses free bets and lay bets to guarantee a profit by covering all possible outcomes.
016
Moneyline
Moneyline is a straightforward bet on which team will win a match, with odds reflecting each team's chance of winning.
017
Odds
Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
018
Over/Under
Over/Under is a bet on whether the total number of points, goals, or other metrics in a match will be above or below a set number.
019
Parlay
A Parlay is a single bet that links two or more selections, and all must win for the bet to pay out.
020
Profit Boost
A Profit Boost increases the net profit you receive from a winning bet by a certain percentage.
021
Responsible Gambling
Responsible Gambling refers to practices and tools that help players stay in control of their betting activity and avoid harmful behavior.
022
RTP
RTP stands for Return to Player and indicates the percentage of total bets a game returns to players over the long term.
023
Self-Exclusion
Self‑Exclusion is a tool that lets you voluntarily block your own account for a set period, preventing access to betting services.
024
Stake
The Stake is the amount of money you risk on a bet.
025
Wagering Requirement
A Wagering Requirement is a condition that states how many times you must bet a bonus amount before you can withdraw any winnings.