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In an effort to help our readers understand the language of sports betting, the following is a comprehensive sports betting glossary with clear, straight-forward definitions to both common and less customary terms used in live and online sports betting.

Starting today, June 11, Paddy Power is promoting free bets to all of its valued customers who place three qualifying bets of just £5 or more.

This may be the most important section of our sports betting guide. All of the other information is, or will become, important over time, but the following sports betting tips for beginners will give you an idea of where to start and, more importantly, what to avoid.

The parimutuel betting system is so different from all other types of sports betting that it deserves its own segment in this guide. Parimutuel betting is used across multiple racing formats, especially horse racing and greyhound racing. It is also the standard for betting on jai alai.