Difference between revisions of "Long odds"
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(Created page with "Long odds is a betting term used to describe an outcome that is not likely to occur. This could refer to a large underdog in a given match or a team's championship odds. Long...") |
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Long odds is a betting term used to describe an outcome that is not likely to occur. This could refer to a large underdog in a given match or a team's championship odds. Long odds are commonly referenced using [[fractional odds]]. | Long odds is a betting term used to describe an outcome that is not likely to occur. This could refer to a large underdog in a given match or a team's championship odds. Long odds are commonly referenced using [[fractional odds]]. | ||
| − | + | The benefit of wagering on a market with long odds over [[short odds]] is the larger payout relative to the initial risk amount. | |
Latest revision as of 20:20, 1 November 2019
Long odds is a betting term used to describe an outcome that is not likely to occur. This could refer to a large underdog in a given match or a team's championship odds. Long odds are commonly referenced using fractional odds.
The benefit of wagering on a market with long odds over short odds is the larger payout relative to the initial risk amount.