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  2. Over–under - Wikipedia

    en.wikipedia.org/wiki/Overunder

    A variant of over-under betting, known as Under Over, [5] is a dice game played at various festivals. The object of the game is to predict whether the dice will roll to a total of under 7, over 7, or at 7. The game is typically played with 2 dice. A player typically places a wager on one of three spaces. These spaces are: Under 7 (usually pays ...

  3. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    Fractional odds are written a − b (a/b or a to b), meaning a winning bettor will receive their money back plus a units for every b units they bet. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. For example, a bet of £40 at 6 − 4 (fractional odds) will pay out £40 + £60 = £100.

  4. Teaser (gambling) - Wikipedia

    en.wikipedia.org/wiki/Teaser_(gambling)

    Bet on the over and the line is 39.5 (45.5 - 6). Bet on the under and the line is 51.5 (45.5 + 6). Many bettors like the teaser bet because it gives the bettor more cushion, but like a parlay, one must hit all aspects of the bet to win. There is still debate among experienced sports bettors if teasers are good wagers or not.

  5. Sports Betting 101: Over/Under [Video] - AOL

    www.aol.com/news/sports-betting-101-over-under...

    If you are new to sports betting and have questions about betting odds, here is a guide on how over/unders work.

  6. Odds, lines, payouts: A guide to Super Bowl betting lingo - AOL

    www.aol.com/news/odds-lines-payouts-guide-super...

    Odds, lines, payouts: A guide to Super Bowl betting lingo January 30, 2022 at 9:52 PM Betting odds for NFL football's Super Bowl 55 are displayed on monitors at the Circa resort and casino sports ...

  7. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing. Half bets. A half (halftime) bet applies only to the score of the first or second half. This bet can be placed on the spread (line) or over/under.

  8. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.

  9. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the ...