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  2. Odds compiler - Wikipedia

    en.wikipedia.org/wiki/Odds_compiler

    An odds compiler (or trader) is a person employed by a bookmaker or betting exchange who sets the odds for events (such as sporting outcomes) for customers to place bets on. . Apart from pricing markets, they also engage in any activity regarding the trading aspects of gambling, such as monitoring customer accounts and the profitability of their operati

  3. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and ...

  4. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    E.g. £100 each-way fivefold accumulator with winners at Evens ( 1 ⁄ 4 odds a place), 11-8 ( 1 ⁄ 5 odds), 5-4 ( 1 ⁄ 4 odds), 1-2 (all up to win) and 3-1 ( 1 ⁄ 5 odds); total staked = £200 Note: 'All up to win' means there are insufficient participants in the event for place odds to be given (e.g. 4 or fewer runners in a horse race).

  5. Arbitrage betting - Wikipedia

    en.wikipedia.org/wiki/Arbitrage_betting

    Arbitrage betting involves relatively large sums of money, given that 98% of arbitrage opportunities return less than 1.2%. [2] The practice is sometimes detected by bookmakers, who often hold an unfavorable view of it, [3] and in the past this could result in half of an arbitrage bet being canceled, or in extreme cases, even the closure of the bettor's account.

  6. Sportsbook Review - Wikipedia

    en.wikipedia.org/wiki/Sportsbook_Review

    SBR Forum is a forum on which users can use features such as loyalty program, earning points toward prizes, and odds service. [5] Some sub-forums of the site include NBA odds forum, NCAAB betting forum, SBR college football forum, SBR tennis forum, SBR NHL forum, horse racing forum, live betting picks forum, and sports betting strategy forum.

  7. Sports betting systems - Wikipedia

    en.wikipedia.org/wiki/Sports_betting_systems

    Sports betting systems are sets of events that when combined for a particular game for a particular sport represent a profitable betting scenario. Since sports betting involves humans, there is no deterministic edge to the house or the gambler. Systems supposedly allow the gambler to have an edge or an advantage. Sportsbooks use systems in ...

  8. NFL betting: List of best and worst teams against the spread ...

    www.aol.com/sports/nfl-betting-list-best-worst...

    The Chiefs had a great season in the NFL standings, but not for bettors.

  9. Glossary of bets offered by UK bookmakers - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_bets_offered...

    This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom.The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.