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  2. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the ...

  3. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    Fractional odds are written a − b (a/b or a to b), meaning a winning bettor will receive their money back plus a units for every b units they bet. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. For example, a bet of £40 at 6 − 4 (fractional odds) will pay out £40 + £60 = £100.

  4. Labouchère system - Wikipedia

    en.wikipedia.org/wiki/Labouchère_system

    The Labouchère system can also be played as a positive progression betting system; this is known as playing the reverse Labouchère. In this version after a win, instead of deleting numbers from the line, the player adds the previous bet amount to the end of the line. You continue building up your Labouchère line until you hit the table maximum.

  5. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    In most cases, the favorite will have negative moneyline odds (less payoff for a safer bet) and the underdog will have positive moneyline odds (more payoff for a risky bet). However, if the teams are evenly matched, both teams can have a negative line at the same time (e.g. −110 −110 or −105 −115), due to house take.

  6. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/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.

  7. Betting: When is it smart to do a moneyline parlay? - AOL

    www.aol.com/news/betting-smart-moneyline-parlay...

    Jared Quay, Preston Johnson & Matt Moore of the Action Network talk through the good and the bad when it comes to betting a moneyline parlay.

  8. NFL Week 16 betting: 7 best lines, props and more ... - AOL

    www.aol.com/sports/nfl-week-16-betting-7...

    A line of Chargers -2.5 seems to be trying to entice bettors to take Los Angeles. That might be because of last week. The Broncos didn't play well but beat the Colts 31-13.

  9. Arbitrage betting - Wikipedia

    en.wikipedia.org/wiki/Arbitrage_betting

    Arbitrage betting involves relatively large sums of money, given that 98% of arbitrage opportunities return less than 1.2%. [2] The practice is usually detected quickly by bookmakers, who typically hold an unfavorable view of it, [3] and in the past this could result in half of an arbitrage bet being canceled, or even the closure of the bettor's account.

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