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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.
"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".
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 ...
a single roll bet for 2 or 12 hi-lo-yo a single roll bet for 2, 11, or 12 high A bet on or roll of 12, also see boxcars hop A single roll bet for a specific combination of dice to come out. Pays 15:1 for easy ways and 30:1 for hard ways horn A divided bet on the 2, 3, 11, 12 horn high A horn bet with addition units going to a specific number.
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 ...
This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom.The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.
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Odds of less than even money ($1 to $1). A winning bet returns the amount wagered plus the ratio specified by the odds. A winner at a payoff of under $4.00 for a $2 bet is "odds on." [20] Optional claiming A race where a horse can either meet the conditions of the race or be entered as a claimer. [32] Out of the money