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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. The equivalent decimal odds are 2.5; £40 × 2.5 = £100. We can convert fractional to decimal odds by the formula D = (b + a) ⁄ b.
Decimal odds of 2.00 are an even bet. UK format (fractional odds) are used by British bookmakers. They are the ratio of the amount won to the stake – the solidus "/" is pronounced "to"; for example, 7/1 is "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive, and the stake ...
Statistical Football prediction is a method used in sports betting, to predict the outcome of football matches by means of statistical tools. The goal of statistical match prediction is to outperform the predictions of bookmakers [citation needed] [dubious – discuss], who use them to set odds on the outcome of football matches.
Thus even odds 1/1 are quoted in decimal odds as 2.00. The 4/1 fractional odds discussed above are quoted as 5.00, while the 1/4 odds are quoted as 1.25. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. When looking at decimal odds in betting terms ...
Matthew 2:5 is the fifth verse of the second chapter of the Gospel of Matthew in the New Testament. The magi have informed King Herod that they had seen portents showing the birth of the King of the Jews. Herod has asked the leading Jewish religious figures about how to find out where Jesus was to be born. In this verse they tell him.
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). If one bets on Pittsburgh, a +2.5 underdog, they are now +8.5 underdogs (+2.5 + 6). If one bets on Green Bay, a -2.5 favorite, they now become +3.5 underdogs (-2.5 + 6).
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For example, if Book 1 considers Team A to be worth +200 (2-to-1 underdog), and Book 2 considers Team B to be worth +200, a bettor can bet Team A at Book 1, and Team B at Book 2, and guarantee a 100% profit. This is a no-risk bet, as the player is guaranteed a profit no matter the result of the game. [citation needed]