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  2. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    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. The equivalent decimal odds are 2.5; £40 × 2.5 = £100. We can convert fractional to decimal odds by the formula D = (b + a) ⁄ b.

  3. Kelly criterion - Wikipedia

    en.wikipedia.org/wiki/Kelly_criterion

    Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.

  4. Odds ratio - Wikipedia

    en.wikipedia.org/wiki/Odds_ratio

    An odds ratio greater than 1 indicates that the condition or event is more likely to occur in the first group. And an odds ratio less than 1 indicates that the condition or event is less likely to occur in the first group. The odds ratio must be nonnegative if it is defined. It is undefined if p 2 q 1 equals zero, i.e., if p 2 equals zero or q ...

  5. 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.

  6. World Darts Championship Days 7 & 8 prediction, 28/1 ... - AOL

    www.aol.com/world-darts-championship-days-7...

    There’s value in just backing him to get through as part of an accumulator. World Darts Championship prediction 1: Noppert to beat Joyce - 4/6 bet365 Luke Littler vs Ryan Meikle prediction

  7. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    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. A parlay, accumulator or roll-up consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully.

  8. What Is the Return on Assets Ratio Formula? - AOL

    www.aol.com/finance/return-assets-ratio-formula...

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  9. Formula 1 betting, odds: Max Verstappen looks headed for a ...

    www.aol.com/sports/formula-1-betting-odds-max...

    Sainz has the ninth-largest top-10 odds and is behind both McLaren drivers and barely ahead of Alex Alton. He feels like the best value in this category. Max Verstappen to win FP1 (-175)