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This page was last edited on 30 April 2014, at 20:06 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
In making a bet where the expected value is positive, one is said to be getting "the best of it". For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting "the best of it" and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the ...
Lou Dobbs Tonight is an American political and financial talk program that was hosted by Lou Dobbs.. The program initially aired on CNN from its launch under the title Moneyline, as its main financial news program.
Run line, puck line, or goal line bets. These are wagers offered as alternatives to money line wagers in baseball, hockey, or soccer, respectively. These bets are effectively point spread bets that have the same money line odds on either side of the wager (i.e., industry standard of −110 to −115). Sportsbooks will occasionally shift the ...
If the odds are 1/4, the bettor will make £25 on a £100 stake. In either case, having won, the bettor always receives the original stake back; so if the odds are 4/1 the bettor receives a total of £500 (£400 plus the original £100). Odds of 1/1 are known as evens or even money.
Spread betting was invented by Charles K. McNeil, a mathematics teacher from Connecticut who became a bookmaker in Chicago in the 1940s. [5] In North America, the gambler usually wagers that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker, with even money for either option.
The British R&B singer/rapper Jentina sampled the money line for the chorus of her debut single "Bad Ass Strippa" in 2004. The rhythm and vocals are also used as the main backing track to Bone Thugs-n-Harmony's 1995 single "Foe tha Love of $," featuring Eazy-E. In 1998, the song was sampled in Charli Baltimore's Money from the Woo soundtrack.