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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. 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.

  4. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    For a score of n (for example, if 3 choices match three of the 6 balls drawn, then n = 3), () describes the odds of selecting n winning numbers from the 6 winning numbers. This means that there are 6 - n losing numbers, which are chosen from the 43 losing numbers in ( 43 6 − n ) {\displaystyle {43 \choose 6-n}} ways.

  5. Glossary of bets offered by UK bookmakers - Wikipedia

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

    Equivalent to a Yankee plus 4 singles. One winning selection will guarantee a return. The 'Lucky' part of the name of this and other similar bets comes from the bookmaker's practice of offering bonuses for one or more winners; usually including 'double the odds' for only one winning selection. [1]

  6. Martingale (betting system) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(betting_system)

    This means the bettor must have over 65,500 (2^15-1 for their 15 losses and 2^15 for their 16th streak-ending winning bet) times their original bet size. Thus, a player making 10 unit bets would want to have over 655,000 units in their bankroll (and still have a ~5.5% chance of losing it all during 5,000 plays).

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  8. 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.

  9. Trainer Bob Baffert's horses finish 1-2 in $2 million ... - AOL

    www.aol.com/trainer-bob-bafferts-horses-finish...

    He paid $33.80 at 15-1 odds. ... — Lake Victoria overcame a challenging trip to win the $2 million Juvenile Fillies Turf by 1 1/4 lengths. The 2-year-old filly ran 1 mile in 1:34.28 and paid $3. ...