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  2. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    E.g. £100 each-way fivefold accumulator with winners at Evens ( 1 ⁄ 4 odds a place), 11-8 ( 1 ⁄ 5 odds), 5-4 ( 1 ⁄ 4 odds), 1-2 (all up to win) and 3-1 ( 1 ⁄ 5 odds); total staked = £200 Note: 'All up to win' means there are insufficient participants in the event for place odds to be given (e.g. 4 or fewer runners in a horse race).

  3. DraftKings - Wikipedia

    en.wikipedia.org/wiki/DraftKings

    DraftKings Inc. is an American gambling company based in Boston, Massachusetts.It offers sportsbook and daily fantasy sports (DFS) services.. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel.

  4. 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 ...

  5. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. [13] For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. [9]

  6. DraftKings CEO rebuffs argument that AI could make sports ...

    www.aol.com/finance/draftkings-ceo-rebuffs...

    “If I’m betting on a particular football team every single week, and you are continuing to make me scroll down 12 pages to find that, that’s annoying,” Robins said. “You want it to be up ...

  7. 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 ...

  8. 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:

  9. DraftKings fined $100,000 by New Jersey gambling regulators ...

    www.aol.com/draftkings-fined-100-000-jersey...

    DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state. ... Clint Eastwood's son shares update on 94-year-old dad months after ...

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