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  2. Proposition bet - Wikipedia

    en.wikipedia.org/wiki/Proposition_bet

    In gambling, a "proposition bet" (prop bet, prop, novelty, or a side bet) is a bet made regarding the occurrence or non-occurrence during a game (usually a gambling game) of an event not directly affecting the game's outcome. Proposition bets in sports are differentiated from the general bets for or against a particular team or regarding the ...

  3. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent is the bet across (short for across the board ): the bettor bets equal sums on the horse to win, place, and show.

  4. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    The "edit bet" feature can be used by gamblers to "unsettle straight accumulators" before matches have started or whilst they are in-play. The feature can also be used for to swap single bets for new bets, and the gambler is given a new bet selection valued at the bookie's cash out price to reflect live market/game odds for the original bet. [5]

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  9. Over–under - Wikipedia

    en.wikipedia.org/wiki/Over–under

    The goal of the betting company is to get the same amount of bets on both sides of the overtime game. [6] [7] [8] In theory, this means that the manager can set a zero value and adjust it later based on the number of incoming bets and/or factors that may affect the outcome of the game. In practice, the initial value is based on both ...