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 "d":

Decimal Odds

Many websites use the decimal format as standard when displaying the prices of sporting events. In fact, decimal odds are commonly used all over Europe. They are popular because they are so easy to understand, displaying the total return from a 1 unit stake. As the unit stake is always included, decimal odds always have a value greater than 1.

Double Bet

A double bet is the most simple and straightforward multiple bet available. As the name suggests, it is simply two different selections bundled together into one bet. If the bettor makes two winning selections, they win and get a greater payout than they would if they have just placed two separate single bets. 

Double Chance

A specific type of bet. A double chance bet allows you to cover two of the three possible outcomes in a football match with one bet.

Draw No Bet

Many websites use the decimal format as standard when displaying the prices of sporting events. In fact, decimal odds are commonly used all over Europe. They are popular because they are so easy to understand, displaying the total return from a 1 unit stake. As the unit stake is always included, decimal odds always have a value greater than 1.

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