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A variant of over-under betting, known as Under Over, [5] is a dice game played at various festivals. The object of the game is to predict whether the dice will roll to a total of under 7, over 7, or at 7. The game is typically played with 2 dice. A player typically places a wager on one of three spaces. These spaces are: Under 7 (usually pays ...
Total (Over/Under) bets are wagers made based on the total score between both teams. In an example, if an MLB game has a total of 10.5, an over bettor will want the combined total to be greater, and the opposite for a bettor taking the under. If the combined total is the same as the proposed total, the bet is a push.
This is a bet on the total number of points scored by both teams. Suppose team A is playing team B and the total is set at 44.5 points. If the final score is team A 24, team B 17, the total is 41 and bettors who took the under will win. If the final score is team A 30, team B 31, the total is 61 and bettors who took the over will win. The total ...
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Football (soccer) is one of the few sports in the world where a draw is a fairly common outcome. With traditional fixed odds, draws are treated as an additional outcome to the game. In other words, bettors lose when they place a wager on either team to win and the game draws.
Over/under (45.5) Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread (in either direction).
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Odds are particularly useful in problems of sequential decision making, as for instance in problems of how to stop (online) on a last specific event which is solved by the odds algorithm. The odds are a ratio of probabilities; an odds ratio is a ratio of odds, that is, a ratio of ratios of