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A variant of over-under betting, known as Under Over, [6] 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 ...
If the gamblers bet on the "favorite", they give the points (sometimes called lay the points) and will win if the favorite's score minus the spread is greater than the underdog's score: The eventual score is Underdog 5, Favorite 10: 10 – 4 > 5, so the gambler wins; The eventual score is Underdog 8, Favorite 10: 10 – 4 < 8, so the gambler loses.
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.
Asian handicap betting is a form of betting on football in which teams are handicapped according to their form so that a stronger team must win by more goals for a bet on them to win. The system originated in Indonesia [citation needed] and gained popularity in the early 21st century. It is a form of spread betting. Handicaps typically range ...
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.
If the dealer has blackjack, the hand is a push, but the player receives twice the value of the insurance, which is the same as the original bet. If the dealer does not have blackjack, the player wins 1.5 times the value of the original bet but loses the value of the insurance and still ends up with the value of the original bet.
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]
This rule simplifies the calculation of winnings: a maximum Pass odds bet on a 3–4–5× table will always be paid at six times the Pass line bet regardless of the point. As odds bets are paid at true odds, in contrast with the Pass line which is always even money, taking odds on a minimum Pass line bet lessens the house advantage compared ...