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  2. Martingale (betting system) - Wikipedia

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

    The strategy had the gambler double the bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. Thus the strategy is an instantiation of the St. Petersburg paradox.

  3. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    If the final adjusted score is a tie, the bet is considered a push. The half point at the end is sometimes added to eliminate the possibility of a push. This is the most common type of bet in American sports betting. Total (Over/Under) bets are wagers made based on the total score between both teams. In an example, if an MLB game has a total of ...

  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. What does BTTS mean in betting? - AOL

    www.aol.com/does-btts-mean-betting-130834731.html

    We explain everything you need to know about the common football betting acronym BTTS in our beginner’s guide

  6. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    A parlay, accumulator (or acca), combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Winning the parlay is dependent on all of those wagers winning together. If any of the bets in the parlay lose, the entire parlay loses.

  7. Sports betting systems - Wikipedia

    en.wikipedia.org/wiki/Sports_betting_systems

    The network of bettors would then bet on games in which they had a statistical advantage (as determined by the software). Billy Walters, who was profiled on 60 Minutes, [1] was the most famous member of the group. [2] Sports betting systems have not always been well trusted or liked by bettors.

  8. Options vs. sports betting: Why smart gamblers use options - AOL

    www.aol.com/finance/options-vs-sports-betting...

    With sports betting you lose only what you bet: If you make a sports bet, you’re only on the hook for the money you put up. With options, however, it’s a different story. With options, however ...

  9. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Parimutuel betting, or pool betting, is a betting system in which all bets of a particular type are placed together in a pool; taxes and the house-take, or vigorish, are deducted, and payoff odds are calculated by sharing the pool among all winning bets.

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