Definition: Betallow is a type of betting that involves placing bets on the outcome of an event or game. In this context, it refers to a method used by gamblers who place bets on sports events such as football, horse racing, and cricket, where they can win or lose money based on the outcome of those games. Betallows are often used in conjunction with other forms of betting, such as live betting, which involves placing bets on different outcomes simultaneously at multiple bookmakers around the world.