Category
page 1Wagering
Pascal's Wager
argument that posits that humans bet with their lives that God either exists or does not
sports betting
wagers on outcomes and events during sporting events
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 or
risk premium
minimum amount of money by which the expected return on a risky asset must exceed the known return on a risk-free asset
parimutuel betting
betting system in which all bets of a particular type are placed together in a pool
Kelly criterion
formula for bet sizing that maximise expected value
Asian handicap
bookmakers' technique to level odds
Betting exchange
a marketplace for customers to bet on the outcome of discrete events
fixed-odds betting
form of gambling
Dutch book
set of odds and bets which guarantees a profit, regardless of the outcome of the gamble
matched betting
Betting technique which takes advantage of free betting
betting in poker
procedures of betting in poker
Spread betting
betting pool
form of gambling
arbitrage betting
bets taking advantage of differing odds