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

888Sport review
Top Bookmaker offers

Top Offers and Promotions

Our rating

8.3

User rating

7.0

Players from Canada

888Sport

  • One of the most trusted brands in online betting
  • 32 payment methods for depositing funds
  • Huge wagering limits in operation
  • 24/7 customer support through multiple channels
  • 28 sports categories to access and bet on multiple leagues
  • Betting limits often restricted swiftly for big winners

Welcome Free Bet of £30

SBK review
Best Mobile App

Best Mobile App

Our rating

8.3

User rating

0

Players from Canada

SBK

  • Offers players a wager-free welcome bonus
  • Its mobile apps feature a simple-to-use design
  • Has instituted several funds security mechanisms
  • Allows an auto ACCA feature
  • Supports cashing out
  • Live streaming not currently available

Deposit £20 Get £20 risk-free

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