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  2. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the ...

  3. 9 Ways to Win the Powerball: Everything You Should Know ... - AOL

    www.aol.com/9-ways-win-powerball-everything...

    To win the jackpot, you must have the numbers of all five white balls correct and the Powerball. Though the odds of winning the jackpot aren't great, the odds of winning the smallest award is much ...

  4. How are point spreads made for NFL games? Veteran Vegas ... - AOL

    www.aol.com/sports/point-spreads-made-nfl-games...

    The first spread Andrews comes to for an NFL game is simple math, using the power ratings: If Team A is 90, Team B is 91 and at home with a 2.5-point home-field advantage, the line is Team B -3.5.

  5. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Spread betting are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win. The favorite "gives" points from the final score, and the underdog "takes" points.

  6. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.

  7. Sports betting odds explained: How they work and how to ... - AOL

    www.aol.com/news/sports-betting-odds-explained...

    A quick rundown of how UK bookmakers’ odds work, as well as how to read them and how to use them when placing bets Sports betting odds explained: How they work and how to read them Skip to main ...

  8. 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.

  9. How hard is it to win the lottery? Odds to keep in mind as ...

    www.aol.com/news/hard-win-lottery-odds-keep...

    In 2015, the Powerball lottery lengthened the odds of winning from 1 in 175.2 million to 1 in 292.2 million. Mega Millions followed two years later, lengthening the odds of winning the top prize ...

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