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  2. 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).

  3. College Football Playoff first-round schedule, betting odds ...

    www.aol.com/sports/college-football-playoff...

    Penn State is +700 to win the national title and the only other team with odds better than 12-1 to win it all. Penn State hosts SMU in the first round and will play No. 3 Boise State in the Fiesta ...

  4. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. [13] For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. [9]

  5. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    Fixed-odds betting is a form of gambling where individuals place bets on the outcome of an event, such as sports matches or horse races, at predetermined odds. In fixed-odds betting, the odds are fixed and determined at the time of placing the bet. These odds reflect the likelihood of a particular outcome occurring.

  6. Formula 1 betting, odds: Red Bull looks to get back onto the ...

    www.aol.com/sports/formula-1-betting-odds-red...

    Perez’s odds are second-best this year. Perez is the No. 2 favorite at +1100, while Lando Norris is the No. 3 favorite at +1400 and Lewis Hamilton is at +1600.

  7. Detroit Red Wings far from a betting favorite, but they like ...

    www.aol.com/detroit-red-wings-far-betting...

    TV/radio: Bally Sports Detroit Extra; WXYT-FM (97.1). This article originally appeared on Detroit Free Press: Detroit Red Wings ignore oddsmakers, favor own playoff odds Show comments

  8. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and ...

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