Tag Archive: sports wager

If you take a single sporting event and look at how the sportsbooks display their odds, then you'll find that there are three major formats. These are the American odds, the Decimal odds and the Fractional odds. Though they may all appear to be very different on the surface, the actual real underlying odds remain exactly the same. We prefer the decimal odds. As they are simple to use which means you can quickly calculate the odds of any sporting event on the fly, for a better winning chance.

When casino games players look at sportsbook odds, they appear to make little sense. That's because sporting odds are presented in a completely different manner than those given out in relation to casino games. They are somehow reversed. For example, in blackjack, high odds means a better possibility of winning. But in sports betting high odds denote a risky bet, with a great possibility of the punter losing. We prefer to use the UK gambling terms of long and short odds to understand them.

Only a certain type of sports gambler is going to make the Lucky 63 bet. After all, you'll need to place 63 individual wagers on a total of 6 match selections. And all at a minimum of £1 each. That adds up to quite a high stake amount. In order to win, you'll need to be successful with just one, but there will be no profits. You'll need at least 3 of your selections to bring home the bacon. Of course, if you're super lucky and score all 6 matches correctly, then expect to be partying that night.

After falling into gambling debts, a clever punter decided to exploit the time delay between live action in sports and the showing of it on TV. The delay was large enough for his team to place wagers after they had seen the final result, but before this data had reached the sportsbook. Ever the entrepreneur, he recruited a number of players from around China to help him, sending them to Europe in order to place wagers on various sporting events. They managed to amass around $4 million.