Questions tagged [betting]

Questions about the role(s) of betting in sports.

6 questions with no upvoted or accepted answers
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Oddsmakers, Betmakers and Sportsbooks: Who does what?

Brand new to sports betting here, and am wondering if there is a technical difference between: The oddsmaker; and The betmaker; and The sportsbook These terms seem interchangeable on some sites/...
2
votes
0answers
50 views

Understanding wager when receiving bonus

I got a bonus from the betting website I use. What does the following mean? To withdraw your bonus, you are required to wager 18 euros with cumulative odds of 1.5 or greater I have a total of 600 ...
2
votes
0answers
28 views

How soon do bookies make betting odds available and why at that time?

In a league where all games are known when the league starts, how soon before the game starts do bookies provide pre-match odds? I have noticed that odds for all games in a league, like the English ...
1
vote
0answers
79 views

The mathematics behind Over/Under Pricing with Integer Goals

I'm trying to understand whole number goals in Over Under betting. They are described as follows: https://betdaqhelp.custhelp.com/app/answers/detail/a_id/157/~/what-are-under%2Fover-markets I am ...
1
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0answers
614 views

How is the Odds Shark “Predicted Score” calculated?

I was looking for some statistics for research reasons on past game history and stumbled upon "Predicted Score". Then, I decided to try to figure out how this statistic is being calculated and could ...
1
vote
0answers
400 views

How are half-winning or half-losing or refund states treated in a multibet form?

How is the prize calculated when there are half-winning or half-losing or refund states in a multibet form? Does it matter if more than one bet is a half-winner or a half-loser, or a combination of ...