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

BetWinner review
Best Bitcoin Bookmaker

Best Bitcoin Bookmaker

Our rating

8.5

User rating

8.5

Players from Canada

BetWinner

  • Over 30,000 pre-match events per month
  • Swift withdrawal process
  • 24/7 customer support through numerous methods
  • Site translated into huge number of languages
  • Daily progressive jackpot
  • Potential to impose limits on your account swiftly

Welcome 1st Deposit Bonus up to €100

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%

Interwetten review
Trusted more then 20 years

Well-Trusted Bookmaker

Our rating

7.7

User rating

8.0

Players from Canada

Interwetten

  • 95% pay-outs on top leagues
  • Cash Out and Partial Cash Out options
  • Over 15 payment methods to utilise
  • Live streaming on hand
  • Downloadable mobile app
  • German players must pay 5% tax

Welcome offer of 100% up to €100

Free bets and offers