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  1. May 18, 2023 · A style of expressing money odds most commonly used in the US. Odds are expressed with a number preceded by a minus sign (favorite) or a plus sign (underdog). The numbers tell you how much you will win relative to how much you bet. Odds of -150, for example, mean you must wager $150 to win $100 in profit.

    • Richard Janvrin
    • richard.janvrin@wsn.com
  2. Dec 23, 2015 · Dime – Betting shorthand for $1,000. Dollar – Gambling shorthand for $100. Even Money – A wager that doesn’t include vigorish or odds. Fifty Cents – Another way to say $50. First Half Bet – A wager that only applies to the first half of a sporting event. Futures – Betting on something weeks or months in advance.

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  4. Nov 11, 2023 · Now, let’s figure out the implied probability for the other side of the bet (Giants -225). The formula for favorites (negative odds): Odds / (Odds + 100) * 100 = implied probability. Plugging in ...

  5. Cover: The act of winning a point spread bet. Dime: A $1000 bet. Dime Line: A line where the “juice” or “vig” is 10%. Double Bet: A wager for twice the size of one’s usual wager. Edge: The advantage a bettor has before placing a wager. Even Money: A wager that pays out exactly the amount you bet. No “juice” or “vig.”.

  6. Feb 17, 2023 · A “market maker” book sets an opening line that other books may follow. Once the initial odds are set, other sportsbooks match those lines and early action comes in across the market. As bets come in on the opening line, it initiates the process of price discovery. Sportsbooks assume that bettors, especially the sharpest ones, have enough ...

    • Adam Peri
  7. Aug 13, 2023 · Another common false notion in the betting scene is that there is no risk-free wagering. While sports betting is inherently risky, experienced bettors have found ways to mitigate their exposure and earn profits in the long run. Two of the most popular go-to strategies for bettors to avoid risk include: Matched betting.

  8. Jun 4, 2018 · John Holden. Updated on. June 4, 2018. This is the first in a two-part series at Legal Sports Report that explores match-fixing; what it is, how it happens, and what can be done to prevent it. Part I focuses on types of match-fixing and discusses some common threads across match-fixing cases.

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