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  2. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    A $5 bet Each-way is a $5.00 bet to Win and a $5.00 bet to Place, for a total bet cost of $10. Exacta: The bettor must correctly pick the two runners which finish first and second. Quinella: The bettor must pick the two runners which finish first and second, but need not specify which will finish first.

  3. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    A parlay, accumulator (or acca), combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Winning the parlay is dependent on all of those wagers winning together. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the ...

  4. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    So a bet on a 3-point underdog at +3 will become a bet at +9.5 points, and for favorites, it will change a 3-point favorite at −3 to +3.5 points. Although the rules to win his bet are the same as a parlay, he is paid less than a regular parlay due to the increased odds of winning. If bets. An if bet consists of at least two straight bets ...

  5. How can you improve in sports betting? Legendary Billy ... - AOL

    www.aol.com/sports/improve-sports-betting...

    Billy Walters says he has more than 30 straight winning years betting sports. How can you improve in sports betting? Legendary Billy Walters shares his top tips [Video]

  6. Progressive parlay - Wikipedia

    en.wikipedia.org/wiki/Progressive_parlay

    A progressive parlay is a joint wager on multiple events, for example team sports or horse races. Generally a progressive parlay involves a joint wager on four to twelve separate events. [ 1 ] Should all the selected bets win, the bettor receives a relatively large payout, because of the sizable odds against this happening.

  7. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/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.

  8. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    If the gamblers bet on the "underdog", they are said to take the points and will win if the underdog's score plus the spread is greater than the favorite's score. The eventual score is Underdog 8, Favorite 10: 8 + 4 > 10, so the gambler wins; The eventual score is Underdog 8, Favorite 13: 8 + 4 < 13, so the gambler loses.

  9. Teaser (gambling) - Wikipedia

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

    Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread (in either direction). If one bets on Pittsburgh, a +2.5 underdog, they are now +8.5 underdogs (+2.5 + 6).