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2. Odds, lines, payouts: A guide to Super Bowl betting lingo - AOL

   www.aol.com/news/odds-lines-payouts-guide-super...

   For example, if the team is +150, the decimal would be 150/100, or 1.5. So a $10 bet would pay $10 plus $15. Sports books typically use the odds to guarantee themselves a percentage of every ...

3. 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 ...

4. Parimutuel betting - Wikipedia

   en.wikipedia.org/wiki/Parimutuel_betting

   Definition. Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed – in fixed-odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal.

5. Fixed-odds betting - Wikipedia

   en.wikipedia.org/wiki/Fixed-odds_betting

   Fixed-odds betting. Fixed-odds betting is a form of gambling where individuals place bets on the outcome of an event, such as sports matches or horse races, at predetermined odds. In fixed-odds betting, the odds are fixed and determined at the time of placing the bet. These odds reflect the likelihood of a particular outcome occurring.

6. Super Bowl Squares: How Much Are Your Numbers Worth? - AOL

   www.aol.com/news/2013-02-01-super-bowl-squares...

   The numbers are based on a $50 a square game, with a $625 payout for the 1st and 3rd quarters, a $1,250 payout for halftime, and a $2,500 payout for the end of the game. (The cells are colored ...

7. Spread betting - Wikipedia

   en.wikipedia.org/wiki/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 above or below the ...

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. Sport Select - Wikipedia

   en.wikipedia.org/wiki/Sport_Select

   Sport Select. Sport Select is a group of sports betting games offered by Canada 's lottery corporations. In Quebec, the program is known as Pari sportif; in Ontario and Atlantic Canada, it is known as Pro-Line while in British Columbia, it is known as Sports Action. However, the rules for the games are similar in all provinces.