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The Nassau is one of golf's most classic and best known wagers. [2] It is also known by the size of the bets, e.g. "2-2-2" or "5-5-5", and "Best Nines." The Nassau bet gets its name from the Nassau Country Club on Long Island , where the format is said to have been invented in the early 1900s by club captain John B. Coles Tappan.
A £5 each-way single on a 10-1 selection in golf and paying 1 ⁄ 5 the odds a place 1, 2, 3, or 4 would cost £10. Returns on the win part of the bet would be £5 × (10/1 × 1) + stake = £55 (£50 winnings + £5 stake) Returns on the place part of the bet would be £5 × (10/5 × 1) + stake = £10 (£5 winnings + £5 stake)
The game is played as six-card golf. Once any grid contains only face-up cards, the game is immediately ended, there are no further turns, and all players must flip all their face-down cards to determine their scores. Scoring is the same as six-card golf, with players having to form a full three-of-a-kind column to have that column score zero. [1]
With fixed odds betting, a gambler places a fixed-risk stake on stated fractional or decimal odds on the outcome of a sporting event that would give a known return for that outcome occurring or a known loss if that outcome doesn't occur (the initial stake). With sports spread betting, gamblers are instead betting on whether a specified outcome ...
A score of one stroke more than par (+1) for a hole is known as a bogey, e.g. 4 strokes to complete a par 3 hole or 6 strokes on a par 5 hole. [2] The original meaning of bogey in golf was the number of strokes a good golfer should take at each hole, and first came into use at the Great Yarmouth Golf Club in England in about 1890, based on the ...
A $5 bet Each-way is a $5.00 bet to Win and a $5.00 bet to Place, for a total bet cost of $10. Exacta: The bettor must correctly pick the two runners which finish first and second. Quinella: The bettor must pick the two runners which finish first and second, but need not specify which will finish first.
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For example, if Book 1 considers Team A to be worth +200 (2-to-1 underdog), and Book 2 considers Team B to be worth +200, a bettor can bet Team A at Book 1, and Team B at Book 2, and guarantee a 100% profit. This is a no-risk bet, as the player is guaranteed a profit no matter the result of the game. [citation needed]