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  2. Martingale (betting system) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(betting_system)

    Even if the gambler can tolerate betting ~1,000 times their original bet, a streak of 10 losses in a row has an ~11% chance of occurring in a string of 200 plays. Such a loss streak would likely wipe out the bettor, as 10 consecutive losses using the martingale strategy means a loss of 1,023x the original bet.

  3. Sports betting systems - Wikipedia

    en.wikipedia.org/wiki/Sports_betting_systems

    Betting systems based on statistical analysis have been around for a while, however they have not always been well known. One group that was known for their accurate predictions was called The Computer Group. They formed in Las Vegas in 1980 and successfully wagered on college football and basketball games for years making millions.

  4. Betting strategy - Wikipedia

    en.wikipedia.org/wiki/Betting_strategy

    A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit.To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [1]

  5. Oscar's grind - Wikipedia

    en.wikipedia.org/wiki/Oscar's_grind

    Oscar's Grind is a betting strategy used by gamblers on wagers where the outcome is evenly distributed between two results of equal value (like flipping a coin). It is an archetypal positive progression strategy. It is also called Hoyle's Press. In German and French, it is often referred to as the Pluscoup Progression.

  6. Revolutionize Your Betting Strategy this Super Bowl: Mazi VS ...

    www.aol.com/news/revolutionize-betting-strategy...

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  7. Football pools - Wikipedia

    en.wikipedia.org/wiki/Football_pools

    In 1946, Italy introduced a state-run pool for citizens to bet on football, called the Totocalcio. It was the only form of legalized football betting in the country until the late 1990s. For fans to win, they needed to correctly pick the outcome of 12 games. [42] A thirteenth game was added in 1951, and a fourteenth (but still called Thirteen ...

  8. 125 Funny Punishments for Lost Bet Games To Raise the Stakes

    www.aol.com/125-funny-punishments-lost-bet...

    With funny punishments for lost bet games, everyone can immerse themselves in a little friendly competition. (And shortly after, enjoy watching the loser partake in their hilarious punishment ...

  9. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    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 ...

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