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  2. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    Patent, Lucky 15, Lucky 31, Lucky 63 and higher Lucky bets form a family of bets known as full cover bets with singles which have all possible multiples present together with single bets on all selections. An examples of a winning Patent bet has been shown above. The other named bets are calculated in a similar way by looking at all the ...

  3. Oscar's grind - Wikipedia

    en.wikipedia.org/wiki/Oscar's_grind

    In German and French, it is often referred to as the Pluscoup Progression. It was first documented by Allan Wilson in his 1965 book, The Casino Gambler's Guide. [1] This progression is based on calculating the size of bets so that in the event of a losing streak, if and when a same-length winning streak occurs, a profit is obtained. The main ...

  4. Full cover bet - Wikipedia

    en.wikipedia.org/wiki/Full_cover_bet

    Examples of full cover bets with singles included: Patent - three selections; Lucky 15 - four selections; Lucky 31 - five selections; Lucky 63 - six selections; The Lucky bets are so named because of the bookmaker's practice of offering bonuses for one or more winning selections; most common of which is 'double the odds' for one winner.

  5. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.

  6. Advantage gambling - Wikipedia

    en.wikipedia.org/wiki/Advantage_gambling

    If the Jets win by 3, the advantage player collects on both bets. If the Jets win by either 2 or 4, the advantage player collects on one winning bet and the other "push." And if the Jets win or lose by any other total, the two bets cancel out, leaving the advantage player to pay only the vigorish on the bets.

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