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This number can also be in increments of half-a-point (.5) even though very few sports have .5 point scoring (i.e., The Ryder Cup), to avoid the possibility of a tie. For example, before game 5 of the 2012 NBA Finals, the Miami Heat were expected to beat the Oklahoma City Thunder. The line read: Miami −3.5, Oklahoma City +3.5. [2]
In a 3-horse race, for example, the true probabilities of each of the horses winning based on their relative abilities may be 50%, 40% and 10%. The total of these three percentages is 100%, thus representing a fair 'book'. The true odds against winning for each of the three horses are 1–1, 3–2 and 9–1, respectively.
A trifecta box with five numbers has 60 possible permutations and costs 60 times the betting base amount (5 × 4 × 3). In France, a "box" gives only the ordered permutations going along an ordered list of numbers such that a trifecta box with six numbers would cost 20 times the base amount.
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6 numbers: 38% of prize pool: 1 in 13,983,816 2: 5 numbers plus the additional number: 8% of prize pool: 1 in 2,330,636 3: 5 numbers: 5.5% of prize pool: 1 in 55,491 4: 4 numbers plus the additional number: 3% of prize pool: 1 in 22,197 5: 4 numbers: $50 per winning combination: 1 in 1,083 6: 3 numbers plus the additional number: $25 per ...
A session is a sequence of consecutive wagers made until 1 unit of profit is won. [2] Each session begins by betting 1 unit, and ends by winning 1 unit of profit. If the gambler loses, the session continues and the bet is repeated. Each time the gambler wins the game following a lost game, the bet is increased by 1 unit.
It is also known by the size of the bets, e.g. "2-2-2" or "5-5-5", and "Best Nines." The Nassau bet gets its name from the Nassau Country Club on Long Island, where the format is said to have been invented in the early 1900s by club captain John B. Coles Tappan. In the 1900s because the players at Nassau CC were much better than the surrounding ...
In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the book'.