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  2. Options vs. sports betting: Why smart gamblers use options - AOL

    www.aol.com/finance/options-vs-sports-betting...

    The less likely an outcome is, the higher the payout: In both sports betting and options trading, the less likely result — as judged by the positions of the bettors or traders — pays off at a ...

  3. Teaser (gambling) - Wikipedia

    en.wikipedia.org/wiki/Teaser_(gambling)

    A teaser (or a "two-team teaser") is a type of gambling bet that allows the bettor to combine his bets on two different games. [1] The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win. A teaser is a type of wager used in sports betting, most commonly in basketball and football ...

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

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

    Betting odds for NFL football's Super Bowl 55 are displayed on monitors at the Circa resort and casino sports book, Wednesday, Feb. 3, 2021, in Las Vegas.

  5. 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 ...

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

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

    The numbers are based on a $50 a square game, with a $625 payout for the 1st and 3rd quarters, a $1,250 payout for halftime, and a $2,500 payout for the end of the game.

  7. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.

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