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2. Kelly criterion - Wikipedia

   en.wikipedia.org/wiki/Kelly_criterion

   Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.

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. In some countries it is known as the tote after the totalisator, which ...

4. Mathematics of bookmaking - Wikipedia

   en.wikipedia.org/wiki/Mathematics_of_bookmaking

   Mathematics of bookmaking. In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making ...

5. 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.

6. New York Giants vs Dallas Cowboys picks, predictions, odds ...

   www.aol.com/york-giants-vs-dallas-cowboys...

   Sports Betting Dime: Cowboys 27.7, Giants 17.2 Sports Betting Dime's formula predicts the Cowboys will beat the Giants. ESPN : Ravens have a 57.9% chance to beat Cowboys on Sunday

7. 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 ...

8. Odds - Wikipedia

   en.wikipedia.org/wiki/Odds

   In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are "2 in 5", "2 to 3 in favor", or "3 to 2 against". When gambling, odds are often given as the ratio of the possible net profit ...

9. 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 ...