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  2. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of wagers with the payout odds reducing accordingly. Parlay bets are high-risk, high-reward; linking the possibilities drastically reduces the chance of the bet paying off overall.

  3. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    This leaves a remaining amount of $881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $881.51 / $110.00 = 8.01 ≈ $8 payout per $1 wagered. This payout includes the $1 wagered plus an additional $7 profit. Thus, the odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds, 8.01).

  4. 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 ...

  5. Super Bowl Squares: How Much Are Your Numbers Worth? - AOL

    www.aol.com/news/2013-02-01-super-bowl-squares...

    The numbers are based on a $50 a square game, with a $625 payout for the 1st and 3rd quarters, a $1,250 payout for halftime, and a $2,500 payout for the end of the game. (The cells are colored ...

  6. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    The possible payout of the parlay is determined by the combined likelihood of all bets placed. A parlay of riskier bets (more underdogs) will pay greater than a parlay of more likely bets (more favorites). In a parlay, all bets need to win in order for the parlay to win. If one of the bets on a parlay loses, the whole parlay loses.

  7. Bettor turns $50 into more than $1 million thanks to wild 15 ...

    www.aol.com/sports/bettor-turns-50-more-1...

    The Knights fell behind 2-0, so the bettor kicked off his parlay with a live bet on the Knights +2.5 goals at -105 odds. The Knights would tie the score at 2-2 after two periods but ended up ...

  8. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    To calculate decimal odds, you can use the equation Payout = Initial Wager × Decimal Value [12]. For example, if you bet €100 on Liverpool to beat Manchester City at 2.00 odds the payout, including your stake, would be €200 (€100 × 2.00).

  9. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    Fixed-odds betting is a form of gambling where individuals place bets on the outcome of an event, such as sports matches or horse races, at predetermined odds. In fixed-odds betting, the odds are fixed and determined at the time of placing the bet. These odds reflect the likelihood of a particular outcome occurring.