Balky vs Bally - What's the difference?

As adjectives the difference between balky and bally

is that balky is refusing to proceed or cooperate while bally is (british|dated|euphemistic) bloody; used as a mild intensifier.

(uk|dated|euphemistic) very.

(er)

Refusing to proceed or cooperate.

A balky horse.

(-)

(British, dated, euphemistic) bloody; used as a mild intensifier.

He's just a bally idiot.

(-)

(UK, dated, euphemistic) Very.

That was a bally foolish thing to do, old chap!

* Bally is almost exclusively used by the British upper classes.