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  4. Even money - Wikipedia

    en.wikipedia.org/wiki/Even_money

    Even money is also known as 5050. In professional gambling, even money bets typically do not have odds that are indeed 5050. Therefore, successful gamblers have to examine any bets they make in light of the odds really being even money. [1] For example, in roulette, betting on red or black is an even money bet. However, the presence of ...

  5. Matched betting - Wikipedia

    en.wikipedia.org/wiki/Matched_betting

    When the free bet is placed the other bookmakers or betting exchanges are used to hedge all the possible outcomes so that no matter what happens the value of the free bet is retained. At its simplest, a matched bet involves placing a back bet using the free bet at a bookmaker while placing the opposing lay bet at a betting exchange.

  6. Gambling - Wikipedia

    en.wikipedia.org/wiki/Gambling

    Caravaggio, The Cardsharps (c. 1594), depicting card sharps. Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted.

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  8. NFL betting: Someone has $1 million riding on the Bengals to ...

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    The four most-bet teams to win the Super Bowl are from the NFC. The most popular bet to win the Super Bowl this year is last year's champion. Nearly 10% of all tickets are wagering that Tom Brady ...

  9. Table limit - Wikipedia

    en.wikipedia.org/wiki/Table_limit

    The Paiza Club in the Palazzo hotel requires that players have at least $300,000 of credit or on front money deposit to play. [5] Live feeds directly to the State Gaming Commission are a requirement. A table or a game without a limit is commonly referred to as no-limit. These tables generally allow the player to bet as much as they wish.