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  2. Each-way - Wikipedia

    en.wikipedia.org/wiki/Each-way

    Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake) Returns on the place part of the bet would be £10 × (10/4 × 1) + stake = £35 (£25 winnings + £10 stake) Total returns would be £110 + £35 = £145 if the horse won the race, but just £35 if the horse only finished second or third.

  3. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Edit My Acca. This feature allows gamblers to remove selections from their accumulator after the bet has been placed and in some instances after the selected event has started. The betting slip is then revised to feature the amended selections and a new potential return amount. This can be done online or via a mobile device. [5] Edit My Bet ...

  4. 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.

  5. Return to Player - Wikipedia

    en.wikipedia.org/wiki/Return_to_Player

    The UK Gambling Commission allows customers to be informed about the risks in the form of Return to Player or house-edge percentages. For example, a casino may inform the player about a payout percentage of 90%, which means that for $100 bet $90 is going to be returned.

  6. Card counting - Wikipedia

    en.wikipedia.org/wiki/Card_counting

    A bet ramp is a betting plan with a specific bet size tied to each true count value in such a way that the player wagers proportionally to the player's advantage to maximize bankroll growth. Taken to its conclusion, the Kelly criterion demands that a player not bet anything when the deck does not offer a positive expectation; "Wonging ...

  7. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    Gambling is not luck, but a contest of intellect, strategy, and yield. The ultimate win of long-term gambling depends on the gambler's rate of return: if the rate of return is positive, the expected return is greater than zero and one will win; if the rate of return is negative, the expected return is less than zero and one will lose.

  8. Ace Hardware - Wikipedia

    en.wikipedia.org/wiki/Ace_Hardware

    Ace Hardware Malaysia currently has 22 branches nationwide as of January 1, 2022. [84] Ace Hardware Philippines Inc was founded in 1997, opening its first branch in the Philippines at SM Southmall in Metro Manila. [85] Currently, Ace Hardware has more than 100 branches all over the country. [86] [87] ACE Hardware is an affiliate of the SM Group ...

  9. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the book'.