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(horse racing, powerboat racing, flat track racing) Each-way (応援馬券, Ōen Baken): To place one bet to Win and another bet to Place-Show. (For example, betting 1,000 yen to Each-way means betting 500 yen to Win and 500 yen to Place-Show.) Wager must be multiple of 200 yen (JRA-sanctioned horse racing).
Kōei kyōgi (Japanese: 公営競技, public sports) are public races that can be gambled on legally. There are four types: horse racing, bicycle racing, powerboat racing, and asphalt speedway motorcycle racing. They are allowed by special laws and are regulated by local governments or governmental corporations. All four types employ parimutuel ...
To work out your potential winnings, simply multiply your stake by the odds shown. For example, a bet that is offered at 5.00 means that you would win £5 if you bet £1. To calculate the ...
Betting on horse racing or horse betting[1] commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. [2][3] Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks.
Fixed-odds betting. Fixed-odds betting is a form of gambling where individuals place bets on the outcome of an event, such as sports matches or horse races, at predetermined odds. In fixed-odds betting, the odds are fixed and determined at the time of placing the bet. These odds reflect the likelihood of a particular outcome occurring.
"pays +X" (moneyline odds) means that the bet is fair if the probability is p = 100 / (X + 100). "pays −X" (moneyline odds) means that the bet is fair if the probability is p = X / (X + 100). The numbers for odds can be scaled. If k is any positive number then X to Y is the same as kX to kY, and similarly if "to" is replaced with "in" or "for".
Odds boards in a Las Vegas sportsbook. Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage ...
Tote board. A tote board (or totalisator / totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the ...