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 "f":

FGS

Short for First Goalscorer

Fixed Odds Betting

Fixed Odds allow punters to secure a given price at the time of a placing their bet. This price will not be subject to any future fluctuations; however, there may be deductions applied in the event of scratchings. 

Fold

A number of events. Fold is a sports betting term used to describe the number of selections contained within an accumulator bet.

FPTS

Short for First Player To Score

Fractional Odds

The standard way of writing odds in the UK. Fractional odds allow you to calculate your potential profit not including your stake. So for example if you stake £1 at 10/1 you will win £10 (remember that’s your profit, you will receive your pound back too!). If you stake £2 at 7/2 then you will win £7 and get your £2 stake back.   

Free Bets

A risk-free bet, which is also a type of a bonus. Free bets are bonuses that you can use to place a bet in part or full, up to the total value of the free bet bonus you have been awarded.

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