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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.
Double-digit favorites are 8-3 this year, covering at a 72% rate. The defending champion Tampa Bay Buccaneers are 3-0 in this spot after embarrassing the Bears, 38-3, as 12-point favorites. The ...
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. In some countries it is known as the tote after the totalisator, which ...
The Giants are coming off a 13-10 loss against the New York Jets in their NFL Week 9 game. The Raiders play the Detroit Lions on Monday Night Football to conclude NFL Week 8. The Arizona Republic ...
In statistics, this is called odds against. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else, so the odds against drawing a royal flush are 2,598,956 : 4, or 649,739 : 1. The formula for establishing the odds can also be stated as (1/p) - 1 : 1, where p is the aforementioned probability.
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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 ...
Here’s what the Vegas odds say about the Kansas City Chiefs-L.A. Rams game Sunday. Sam McDowell. ... Prop bet record last week: 3-0. Prop bet record this season: 15-13. Show comments ...