Betting Dictionary

You may notice that there are many important terms and phrases relating to the football betting world. Of course, these aren’t words that you will have come across without having participated in sports betting before. To add to this, there are multiple different bets that you can place, and these all have a different meaning, as well as a different requirement for winning them. Reading through this page will allow you to learn about some of the most common phrases you’ll come across.

So, to find out what backing and laying mean, what cashback and moneyback mean or what arbitrage and equivalent are explained as, this is the right place to be.

Reset a b c d e f g h i j k l m n o p q r s t u v w x y z

Results for the letter "i":

Implied probability

A process of odds conversion. Implied probability is a conversion of betting odds into a percentage. It is the probability behind the odds. 

In-play betting

In-Play is betting that takes place after an event has started and up to its conclusion. Obvious examples are a football or cricket match or a horse race. Other bookmakers sometimes call it live betting whereas on Betfair it has also been known as in-running betting in the past. The odds will automatically adjust to reflect the current game state including scoring changes, injuries, and time remaining.

Latest predictions

Recommended bookmakers

Mr Play review
Best New Bookmaker

Best New Sportsbook

Our rating

8.3

User rating

0

Players from Canada

Mr Play

  • 10,000 pre-match events available per month
  • More than 27 sports to bet on
  • Cash Out function available to use
  • 4% house edge on Premier League and NBA
  • Over 15 payment methods supported for depositing
  • Support isn’t available 24/7

Welcome Bonus Bet £10 Get £10 for UK

5 Dimes review
Best Bitcoin Bookmaker

Best Bitcoin Bookmaker

Our rating

7.8

User rating

0

Players from Canada

5 Dimes

  • Great company reputation
  • Typically one of the fastest sites to process withdrawals
  • Cryptocurrency-ready sportsbook
  • Provides Reduced Juice betting
  • Embraces US registrations
  • Very dated online website

50% 5dimes deposit bonus up to $500

Bet365 review
Best Support

Best Support

Our rating

8.3

User rating

8.5

Players from Canada

Bet365

  • Access to a wide array of statistics
  • Up to €70,000 withdrawal limit
  • Highly competitive bookmaker margins
  • Live streaming of over 70,000 events every year
  • 24/7 customer support through various methods
  • Reports of players having their accounts limited

Welcome Bonus 100% up to 100 EUR

Free bets and offers