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2. 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 ...

3. Handicapping - Wikipedia

   en.wikipedia.org/wiki/Handicapping

   A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give him or her a disadvantage when racing against slower horses. The handicapper's goal in assigning handicap weights is to enable all the horses to finish together (in a dead heat).

4. Asian handicap - Wikipedia

   en.wikipedia.org/wiki/Asian_handicap

   Asian handicaps start at a quarter-goal and can go as high as 2.5 or 3 goals in matches with a huge disparity in ability. What makes Asian handicaps most interesting is the use of quarter goals to get the "line" as close as possible. Taken in conjunction with the posted total for the game, the handicap essentially predicts the game's final score.

5. Sports betting - Wikipedia

   en.wikipedia.org/wiki/Sports_betting

   This can also be applied to a specific quarter in American football or basketball, a fewer number of innings in baseball, or a specific period in hockey. In-play betting. In-play betting, or live betting, is a fairly new feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress.

6. Over–under - Wikipedia

   en.wikipedia.org/wiki/Over–under

   A variant of over-under betting, known as Under Over, [5] is a dice game played at various festivals. The object of the game is to predict whether the dice will roll to a total of under 7, over 7, or at 7. The game is typically played with 2 dice. A player typically places a wager on one of three spaces. These spaces are: Under 7 (usually pays ...

7. Betway - Wikipedia

   en.wikipedia.org/wiki/Betway

   Betway is a British gambling company founded in 2006. Its product offering includes sports betting , online casino , online poker , and online bingo . Business operations are led from its headquarters in Malta , alongside satellite offices in London , Guernsey , and Cape Town .

8. Hand-in-cap - Wikipedia

   en.wikipedia.org/wiki/Hand-in-cap

   Hand-in-cap is an old English trading procedure that gave rise to the modern word handicap. [1] [2] It was used to fairly trade items of potentially unequal value. [3] Here’s how the procedure works: Appoint an umpire: An umpire is assigned to evaluate the items being traded. If the items aren’t of equal value, the umpire decides the value ...

9. Spread betting - Wikipedia

   en.wikipedia.org/wiki/Spread_betting

   Often "live pricing" changes the spread during the course of an event, increasing a profit or minimizing a loss. In North American sports betting many of these wagers would be classified as over-under (or, more commonly today, total) bets rather than spread bets. However, these are for one side or another of a total only, and do not increase ...