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

22Bet review
Best New Bookmaker

Best New Bookmaker

Our rating

8.4

User rating

8.3

Players from Canada

22Bet

  • 95% pay-out on Top 5 leagues
  • Around 2,000 pre-match events every day
  • Has a large focus on eSports betting
  • Excellent customer support team
  • Quickbet feature for swift wagers
  • Small number of promotional offers

Welcome Bonus of 100%

1xbet review
Bookie with best odds

The Best Odds

Our rating

8.8

User rating

9.0

Players from Canada

1xbet

  • Frequent promotions and quality bonuses
  • Simple registration process
  • Website available in 59 languages
  • High Betting odds
  • Large selection of events in the Live betting line
  • US players are not allowed

100% Welcome Bonus up to 100€ in free bets

Betsson review
Good support

Good support

Our rating

7.5

User rating

0

Players from Canada

Betsson

  • Around 25,000 individual daily betting offers
  • 30 sports betting categories to choose from
  • Very low minimum bet possibilities from €0.10
  • Withdrawals of up to €100,000 possible
  • VIP program available to all Betsson customers
  • No promotions targeted at sportsbook users

Deposit €75 and get €150 to play

Free bets and offers