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  2. Each-way - Wikipedia

    en.wikipedia.org/wiki/Each-way

    A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20.. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake)

  3. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    E.g. £100 each-way fivefold accumulator with winners at Evens ( 1 ⁄ 4 odds a place), 11-8 ( 1 ⁄ 5 odds), 5-4 ( 1 ⁄ 4 odds), 1-2 (all up to win) and 3-1 ( 1 ⁄ 5 odds); total staked = £200 Note: 'All up to win' means there are insufficient participants in the event for place odds to be given (e.g. 4 or fewer runners in a horse race).

  4. Sports betting odds explained: How they work and how to ... - AOL

    www.aol.com/news/sports-betting-odds-explained...

    A quick rundown of how UK bookmakers’ odds work, as well as how to read them and how to use them when placing bets Sports betting odds explained: How they work and how to read them Skip to main ...

  5. Glossary of bets offered by UK bookmakers - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_bets_offered...

    This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom.The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.

  6. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    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 ...

  7. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Moneyline odds are often referred to as American odds. A "moneyline" wager refers to odds on the straight-up outcome of a game with no consideration to a point spread. 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).

  8. Sports betting systems - Wikipedia

    en.wikipedia.org/wiki/Sports_betting_systems

    The sportsbooks are slower to adjust the odds in some sports versus other sports depending on the number of games played and the amount of money they take in from bettors. [citation needed] Betting systems based on statistical analysis have been around for a while, however they have not always been well known. One group that was known for their ...

  9. Options vs. sports betting: Why smart gamblers use options - AOL

    www.aol.com/finance/options-vs-sports-betting...

    In each, you’re making a side bet between gamblers on the outcome of some event — either the outcome of a game or the performance of a stock or other security.