Parimutuel wagers pay off at costs determined by help from the wagering pools, although bookmakers pay back possibly at the chances made available at the time of accepting the guess; or on the median odds supplied by monitor bookmakers at enough time the race commenced. sports activities betting
Bettors have a tendency to prefer to guess on favorites in athletic competitions, and often will settle for even bets on favorites when supplied additional favorable bets to the not as likely result (e.g., an underdog crew).[fifty seven]
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