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 "k":

Kelly Criterium

The Kelly criterion is a mathematical formula relating to the long-term growth of capital developed by John L. Kelly, Jr. The formula was developed by Kelly while working at AT&T's Bell Laboratories. The formula is currently used by gamblers and investors for risk and money management purposes, to determine what percentage of their bankroll/capital should be used in each bet/trade to maximize long-term growth.

Latest predictions

Recommended bookmakers

Bet254 review
Good support

Good Support

Our rating

7.1

User rating

0

Players from Canada

Bet254

  • Wide range of jackpots
  • No minimum stake
  • Simple-to-use website
  • Cash-out feature available
  • Feature odds multiplier
  • Only available for Kenyan players

Bet 254 offers several types of weekly jackpots

18Bet review
Cryptocurrency bookmaker

Cryptocurrency Bookmaker

Our rating

7.9

User rating

0

Players from Canada

18Bet

  • Possibility of requesting personal sports bonus
  • Separate section dedicated solely to eSports betting
  • 25 sporting categories to bet on
  • Huge number of supported payment methods, including cryptocurrency
  • No maximum withdrawal limit for some payment methods
  • No live streaming capabilities

Welcome Bonus of 100% up to €125

Mr Green review
Live streaming bookie

Best For Live Streaming

Our rating

8.3

User rating

0

Players from Canada

Mr Green

  • Cash-out and live streaming features
  • An elegant design
  • 35 and above sports available
  • Asian Handicaps offer a 96% payout
  • Bet builder available
  • Multiple country restrictions

Get matched bonus up to €50 in Free Bets

Free bets and offers