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  2. Vigorish - Wikipedia

    en.wikipedia.org/wiki/Vigorish

    By contrast, when using a sportsbook with the odds set at 1. 90 /2.00 (10 to 11) with vigorish factored in, each person would have to risk or lay $110 to win $100 (the sportsbook collects $220 "in the pot"). The extra $10 per person is, in effect, a bookmaker's commission for taking the action.

  3. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.

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

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

    For example, if the team is +150, the decimal would be 150/100, or 1.5. So a $10 bet would pay $10 plus $15. Sports books typically use the odds to guarantee themselves a percentage of every ...

  5. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    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.

  6. 7 Best Online Casinos: Ranked by Bonuses & Casino Games - AOL

    www.aol.com/7-best-online-casinos-ranked...

    The casino’s highlights include speedy payouts (it is one of the best payout online casinos), game variety and an appealing welcome bonus of 100% up to $500 in Pennsylvania or 10 Days of Spins ...

  7. How to get your share of Oracle's $115 million class-action ...

    www.aol.com/share-oracles-115-million-class...

    Oracle, a tech giant, has agreed to pay out a $115 million to settle a class action lawsuit, but have denied any wrongdoing over the allegations outlined in the suit.

  8. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Odds boards in a Las Vegas sportsbook. 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 ...

  9. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. [13] For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. [9]

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