UNLV Center for Gaming Research infographic series http://gaming.unlv.edu/infographics.html sinos e of Types of Sports Betting m the Information from Anthony Cabot & Keith Miller's Sports Wagering in America: Policies, Economics, and Regulation, published by the UNLV Gaming Press.

Three Dominant Systems Types of Fixed Odds Wagers Most wagering falls into one of these categories 1. Fractional Odds 4. Proposition Bets 1. Pari-mutuel wagering Includes money line wagering, which is AKA "derivatives" or "exotic" bets, All bets placed into a common pool. After a specified percentage is common for baseball & hockey. Many these are wagers on the outcomes of deducted for taxes and the house, the winners share the remaining futures bets are fractional as well. events during a game or season amount proportionally to their wager. unrelated to the game outcome. Examples: which team scores first, 2. Fixed odds wagering 2. Point Spread whether players reach certain Odds and payout are agreed to by bettor and operator. This is the Handicaps teams by requiring favorites milestones. primary method of sports betting in the United States. to win by a specified margin; most common on football & basketball. 5. In-Game Betting 3. Exchange wagering Placing wagers usually electronically, Peer-to peer betting where operator matches buyers and sellers on 3. Parlays during the progress of a game, often opposite sides of betting propositions, charging a commision; similar Bettor must choose the winner of on individual plays. to a stock exchange. multiple contest to win the bet

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