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.

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Results for the letter "c":

Cashout

Cash out allows you to get money back on your bet before the event you are betting on is over. The amount of money you get back is determined at the time of cashing out and will depend upon the current likelihood of the bet winning – so it could be greater or less than the initial stake Correct Score - A type of bet in which you need to precisely predict the score of the event.

Chalk

The favored team

Clean Sheet

A sporting term used to describe when a team do not concede a goal during a fixture. A clean sheet is a term that’s typically used in football.

Closing Lines

Final betting line offered by a sportsbook before an event begins. In not so shocking news, this is the direct opposite of the opening line, which is the first line that sportsbooks make available to the betting public. There isn’t necessary a relationship between the two, so there is no proven method to predict how the closing line will differ from the opening line.

Cover

Cover in betting can refer to ‘covering a bet’ which means having enough money to pay out on a bet. Cover in betting can also refer to ‘make a cover bet’ which involves covering the outlay of a risky first bet with another bet to guarantee a profit. 

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