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  2. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Each horse's odds will produce two different payouts, commonly occurring when a favorite is paired with a longshot. A winning quinella can pay more than a winning exacta box, which can be determined by summing the quotients of the quinella payout and dividing by each exacta permutation payout — the quinella bet has a superior payout if the ...

  3. Mega Millions calculator: Here's how much you'd win ... - AOL

    www.aol.com/mega-millions-calculator-heres-much...

    Mega Millions Payout Calculator. Omni. Mega Millions drawings are every Tuesday and Friday at 11 p.m. ET. Tickets are sold in 45 states, plus the District of Columbia and the U.S. Virgin Islands.

  4. Tote betting - Wikipedia

    en.wikipedia.org/wiki/Tote_betting

    The minimum stake for this bet is £2. One selects a horse from the field. This can be on any horse at any race meeting. The betting slip can be denoted with the horse's race card number, or the horses name (and if at another course, the name of the course), or it can be marked as the 'favourite', where the horse is not nominated but the bet is placed on whichever horse is favourite (has the ...

  5. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    Lottery mathematics is used to calculate probabilities of winning or losing a lottery game. It is based primarily on combinatorics, particularly the twelvefold way and combinations without replacement. It can also be used to analyze coincidences that happen in lottery drawings, such as repeated numbers appearing across different draws. [1

  6. Poker probability - Wikipedia

    en.wikipedia.org/wiki/Poker_probability

    The values given for Probability, Cumulative probability, and Odds are rounded off for simplicity; the Distinct hands and Frequency values are exact. The nCr function on most scientific calculators can be used to calculate hand frequencies; entering nCr with 52 and 5 , for example, yields ( 52 5 ) = 2 , 598 , 960 {\textstyle {52 \choose 5 ...

  7. How to calculate the present and future value of annuities - AOL

    www.aol.com/finance/calculate-present-future...

    Therefore, the future value of your annuity due with $1,000 annual payments at a 5 percent interest rate for five years would be about $5,801.91.

  8. Over–under - Wikipedia

    en.wikipedia.org/wiki/Over–under

    An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game [1] and bettors wager that the actual number in the game will be either higher or lower than that number.

  9. Lottery payouts - Wikipedia

    en.wikipedia.org/wiki/Lottery_payouts

    Lottery payouts are the way lottery winnings are distributed. Typically, lotteries pay out around 50–70% of stakes (turnover) back to players. The remainder is then kept for administration costs and charitable donations or tax revenues. In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players).