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  2. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    "pays −X" (moneyline odds) means that the bet is fair if the probability is p = X / (X + 100). The numbers for odds can be scaled. If k is any positive number then X to Y is the same as kX to kY, and similarly if "to" is replaced with "in" or "for". For example, "3 to 2 against" is the same as both "1.5 to 1 against" and "6 to 4 against".

  3. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    A half (halftime) bet applies only to the score of the first or second half. This bet can be placed on the spread (line) or over/under. 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 ...

  4. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    Fractional odds are written a − b (a/b or a to b), meaning a winning bettor will receive their money back plus a units for every b units they bet. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. For example, a bet of £40 at 6 − 4 (fractional odds) will pay out £40 + £60 = £100.

  5. NFL Week 2 betting: 7 best lines, props and more ... - AOL

    www.aol.com/sports/nfl-week-2-betting-7...

    The Eagles were -4.5 in the lookahead line last week and it's up to -6.5 after the Falcons lost in Week 1. The key to Week 2 is to not overreact, and there was clearly a reaction to Atlanta after ...

  6. NFL Week 14 betting: 7 best lines, props and more, including ...

    www.aol.com/sports/nfl-week-14-betting-7...

    Here’s a look at Week 14 of the NFL season from a betting perspective, with all odds from BetMGM: Thursday night: Lions need to hold off Packers The Lions might need to go 16-1 to get the No. 1 ...

  7. Asian handicap - Wikipedia

    en.wikipedia.org/wiki/Asian_handicap

    Asian handicap betting is a form of betting on football in which teams are handicapped according to their form so that a stronger team must win by more goals for a bet on them to win. The system originated in Indonesia [ citation needed ] and gained popularity in the early 21st century.

  8. Vigorish - Wikipedia

    en.wikipedia.org/wiki/Vigorish

    Under proportional vigorish, a "fair odds" betting line of 2.00/2.00 [b] without vigorish would decrease the payouts of all outcomes equally, perhaps to 1.95/1.95, once it was added. More commonly though, disproportional vigorish will be applied as part of the efforts to keep the amounts wagered balanced, such as 1. 90 /2.00, making the outcome ...

  9. 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.