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  2. Odds, lines, payouts: A guide to Super Bowl betting lingo - AOL

    www.aol.com/news/odds-lines-payouts-guide-super...

    For example, if the team is +150, the decimal would be 150/100, or 1.5. So a $10 bet would pay $10 plus $15. Sports books typically use the odds to guarantee themselves a percentage of every ...

  3. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    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 ...

  4. 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 ...

  5. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    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. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    Spread betting. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be ...

  7. 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.

  8. Week 1 betting lines are out. How much is USC favored ... - AOL

    www.aol.com/week-1-betting-lines-much-130527690.html

    College Football Week 0 & Week 1 Current App Limits: $3k-$10k Sides, $1k-$2k Totals, $2k-$3k Money Lines For our complete #CFB menu including Games Of The Year, Regular Season Wins, Undefeated ...

  9. Handicapping - Wikipedia

    en.wikipedia.org/wiki/Handicapping

    Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced participant is disadvantaged, or a less ...