what does odds pay

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what does odds pay

• are a numerical expression, usually expressed as a pair of numbers, used in both ... A fair bet that a fair die will roll a six will the gambler $5 for a $1 wager (and .... factor not change the proportions: 1:1 and 100:100 are the same (even ). .... are the in favor of picking a blue marble?

• Sports betting is the activity of predicting sports results and placing a wager on the outcome. ... They take bets "up-front", meaning the bettor must the sportsbook before placing the bet. ... The favoured team pays lower than the underdog, thus, it acts mainly as an enticement to take the underdog for a better ...

• Roulette is a casino game named after the French word meaning little wheel. In the game .... The payout for each type of bet are based on its probability. ..... However, the house also has an edge on inside bets because the outs ..... The croupier will immediately announce the bet (repeat the player has just ...

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• The Australian and New Zealand punting glossary explains some of the terms, jargon and .... Buying money: Term used by a punter when required to bet ' on'. ... Duffer in the wet: not run well on slow or heavy tracks. ..... the grandstand: Often said of a likely exotic tote dividend when one or more outsiders win ...
• Fixed- betting is a form of wagering against offered by a bookmaker or an individual ... This article's lead section does not adequately summarize key points of its contents. ... In the more usual case of an imbalanced book, the bookmaker may have to out more winnings than is staked or may earn more ...
• Financial betting refers to the wagering on the price development of a financial instrument at some later date relative to the current price or level of the instrument , against offered by a bookmaker. Maximum potential -off of the wager is known when the bet is taken and ... Calculation of the therefore draws on the Black–Scholes formula for ...
• An each-way bet is a wager offered by bookmakers consisting of two separate bets: a win bet ... The paid on the place part of the bet are usually a fraction (commonly ​⁄2, ​⁄3, ​⁄4 or ​⁄5) of the win . ... or even 1st 2nd 3rd or 4th on a big race like the Grand National, and may ​⁄4 or ​⁄5 the .
• Spread betting is any of various types of wagering on the outcome of an event where the -off is based on the accuracy of the wager, rather than a simple " win or lose" outcome, such as fixed- (or money-line) betting or parimutuel betting. ... This assumption not necessarily hold in all situations. For example, at the ...
• Betting on horse racing or horse betting commonly occurs at many horse races. Gamblers can ... This allows the gambler to 'lock in' on a horse at a particular time (known as ... (A show bet not exist in the North American sense.) ... and $3.00 to show, the bettor would receive $7.20 on is essentially a $6 wager.
• In gambling, Dutching is sharing the risk of losing across a number of runners by backing more than one selection in a race or event. One needs to calculate the correct stake to place on each selection so that the return is the same if any of them wins. Although not foolproof, because handicapping is still involved [ ... The strategy can dividends when gamblers successfully reduce the ...

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