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  2. Parlay - Wikipedia

    en.wikipedia.org/wiki/Parlay

    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. If any of the plays in the parlay ties, or ...

  3. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Parimutuel betting. Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets.

  4. Progressive parlay - Wikipedia

    en.wikipedia.org/wiki/Progressive_parlay

    Progressive parlay. A progressive parlay is a joint wager on multiple events, for example team sports or horse races. Generally a progressive parlay involves a joint wager on four to twelve separate events. [1] Should all the selected bets win, the bettor receives a relatively large payout, because of the sizable odds against this happening.

  5. Spread betting - Wikipedia

    en.wikipedia.org/wiki/Spread_betting

    Spread betting. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting . A point spread is a range of outcomes and the bet is whether the outcome will be ...

  6. 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". The term "book" is a reference to the books used by wage ...

  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. 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. Statistical association football predictions - Wikipedia

    en.wikipedia.org/wiki/Statistical_association...

    Statistical Football prediction is a method used in sports betting, to predict the outcome of football matches by means of statistical tools. The goal of statistical match prediction is to outperform the predictions of bookmakers [citation needed][dubious – discuss], who use them to set odds on the outcome of football matches.

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