laying+of+odds
1odds — S3 [ɔdz US a:dz] n [plural] ▬▬▬▬▬▬▬ 1¦(probability)¦ 2¦(difficulties)¦ 3 be at odds 4¦(horse racing etc)¦ 5 it makes no odds 6 pay over the odds ▬▬▬▬▬▬▬ 1.) ¦(PROBABILITY)¦ the odds how lik …
2odds — [ adz ] noun plural ** 1. ) the chances of something happening: the odds of doing something: The odds of getting hit by a falling satellite are very small. (the) odds are (that) (=it is likely that): The odds are they won t succeed. the odds are… …
3Fixed-odds betting — is a form of wagering against odds offered by a bookmaker, an individual, or on a bet exchange. Contents 1 Calculating fixed odds 2 Types of odds offered 2.1 Fractional odds 2 …
4Craps — Example of playing dice used in craps Craps is a dice game in which players place wagers on the outcome of the roll, or a series of rolls, of a pair of dice. Players may wager money against each other (street craps, also known as shooting dice or …
5book-making — n. 1. Compilation. 2. Betting, laying of odds …
6Betting exchange — The term betting exchange is used to describe a form of bookmaking in which the operator offsets its risk perfectly through technology, such that the effect to the customer is that customers are seen to bet between themselves. Coined because of… …
7Mathematics of bookmaking — In betting parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The term originates from the practice of recording such wagers in a hard bound ledger (the book ) and gives the English language …
8United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
9Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …
10Bookmaker — A bookmaker, bookie or turf accountantfact|date=September 2008, is an organization or a person that takes bets and pays winnings depending upon results and, depending on the nature of the bet, the odds. Range of events Most bookmakers in the… …
