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  2. 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'.

  3. Glossary of bets offered by UK bookmakers - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_bets_offered...

    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.

  4. Odds, lines, payouts: A guide to Super Bowl betting lingo - AOL

    www.aol.com/news/odds-lines-payouts-guide-super...

    In-game bets: Depending on the sports book, bettors can make new wagers, often with new odds, after the game starts. For some bettors, in-game betting is a hedging strategy to help adjust for ...

  5. Sports betting - Wikipedia

    en.wikipedia.org/wiki/Sports_betting

    Odds boards in a Las Vegas sportsbook. Sports betting is the activity of predicting sports results and placing a wager on the outcome.. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies".

  6. What does BTTS mean in betting? - AOL

    www.aol.com/news/does-btts-mean-betting...

    We explain everything you need to know about the common football betting acronym BTTS in our beginner’s guide. ... Games. Health. Home & Garden. Lighter Side. Medicare. News. Science & Tech.

  7. Sports betting systems - Wikipedia

    en.wikipedia.org/wiki/Sports_betting_systems

    The sportsbooks are slower to adjust the odds in some sports versus other sports depending on the number of games played and the amount of money they take in from bettors. [citation needed] Betting systems based on statistical analysis have been around for a while, however they have not always been well known. One group that was known for their ...

  8. Tipster - Wikipedia

    en.wikipedia.org/wiki/Tipster

    Some tipsters use statistical based estimations about the outcome of a game, and compare this estimation with the bookmaker's odds. If there is a gap between the estimate odds and the bookmakers odds, the tipster is said to identify "value", and a person who bets on such odds when they perceive not a certainty but a "gap in the book" is said to ...

  9. Big Six wheel - Wikipedia

    en.wikipedia.org/wiki/Big_Six_wheel

    The joker and the logo pay at odds of 40 to 1 or 45 to 1, depending on local gaming regulations or the practice of the casino. The house advantage or edge (the proportion of the stakes that the casino expects to win on average) of this game is one of the highest of most casino games. In the United States it ranges from 11.1% on the $1-bill bet ...