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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. Statistical association football predictions - Wikipedia

   en.wikipedia.org/wiki/Statistical_association...

   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.

4. Super Bowl Squares: How Much Are Your Numbers Worth? - AOL

   www.aol.com/news/2013-02-01-super-bowl-squares...

   Super Bowl Squares are the second most popular office sports betting tradition in the United States (No. 1: March Madness brackets), maybe because the outcome is based entirely on luck. Here's how ...

5. Fixed-odds betting - Wikipedia

   en.wikipedia.org/wiki/Fixed-odds_betting

   In making a bet where the expected value is positive, one is said to be getting "the best of it". For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting "the best of it" and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the ...

6. College Football Playoff betting guide: First-round odds ...

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

   Oregon was the betting favorite (odds via FanDuel) prior to the final rankings reveal at +230. Post-reveal, Texas and Georgia are co-favorites at +360, followed by Oregon at +380, Ohio State at ...

7. Each-way - Wikipedia

   en.wikipedia.org/wiki/Each-way

   An each-way bet is a wager offered by bookmakers consisting of two separate bets: a win bet and a place bet. [1] For the win part of the bet to give a return, the selection must win, or finish first, in the event. For the place part of the bet to give a return, the selection must either win or finish in one of the predetermined places for the ...

8. 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 ...

9. Gambling mathematics - Wikipedia

   en.wikipedia.org/wiki/Gambling_mathematics

   The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.