Moneyline odds
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Moneyline odds are favoured by American bookmakers. If the figure quoted is negative, then the moneyline odds are quoting how much money must be wagered to win $100 – this is done if the odds are worse than even. If … Read More

Fixed-odds gambling – Decimal odds
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Most used in continental Europe and Canada, decimal odds are different from fractional odds, because they quote the quantity which will be paid out towards the bettor, multiplied by and together with his stake. Consequently, the decimal odds of an … Read More

Fixed-odds gambling – Fractional odds
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Favoured by bookmakers within the UK, fractional odds quote the net total which will be paid out towards the bettor, ought to he win, relative to his stake.    Odds of 4/1 (“four-to-one” or “four-to-one against“) would imply that the … Read More

Jai alai
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Jai-Alai (pronounced hi-lie in English and hi-ah-lie in Basque) means “Merry Festival” in the Basque language. The term is used to denote a fronton (or open-walled arena) used to play a variety of Pelota called Cesta Punta, and, more broadly, … Read More

Calculating fixed odds
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Fixed-odds gambling is a form of gambling against odds offered by a bookmaker, an individual, or on a bet exchange. It is customary with fixed-odds gambling to know the expected odds at the time of the placement of the wager … Read More