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2. Parlay - Wikipedia

   en.wikipedia.org/wiki/Parlay

   A parlay, accumulator (or acca), combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Winning the parlay is dependent on all of those wagers winning together. If any of the bets in the parlay lose, the entire parlay loses.

3. Options vs. sports betting: Why smart gamblers use options - AOL

   www.aol.com/finance/options-vs-sports-betting...

   With sports betting you lose only what you bet: If you make a sports bet, you’re only on the hook for the money you put up. With options, however, it’s a different story. If you buy an option ...

4. Sports betting - Wikipedia

   en.wikipedia.org/wiki/Sports_betting

   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". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and ...

5. 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 ...

6. Martingale (betting system) - Wikipedia

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

   Even if the gambler can tolerate betting ~1,000 times their original bet, a streak of 10 losses in a row has an ~11% chance of occurring in a string of 200 plays. Such a loss streak would likely wipe out the bettor, as 10 consecutive losses using the martingale strategy means a loss of 1,023x the original bet.

7. Betting strategy - Wikipedia

   en.wikipedia.org/wiki/Betting_strategy

   A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]