Assuming you bet randomly, and ignoring ties, betting 11 to win 10 results in a house edge of 1/21, or 4.76%. Sometimes casinos will have happy hours, during which time you only have to 'lay 105,' which means risk $10.50 to win $10. Under the same assumptions, that lowers the house edge to 1/42, or 2.38%. Looking at the National Basketball Association’s best players. As we are halfway through the 2020 – 2021 NBA season lets rank the possible MVP contenders. Odds to Cover II (optional) Total stake € Choose Cover Style Moneyline / Level Ball / Asian 0:0 Double Chance Cover Bet Returns 1/2 Stake (0.5x) Cover Bet Returns 3/4 Stake (0.75x) Cover Bet Returns 6/5 Stake (1.2x) Cover Bet Returns 3/2 Stake (1.5x) Cover Bet Returns 2/1 Stake (2x) Cover Bet Returns 3/1 Stake (3x) Cover Bet Returns 4/1 Stake. Sportsbetting you get the odds at the time you place the bet where as horse racing you get the odds based on when the event (race) goes off. This means that you can bet a 4-1 horse only to have some whale dump big money at the last second knocking your bet to even money or less. I keep a list of the different families, and which casinos are members of each, at my companion site Wizard of Odds. This page also assumes the reader already knows common sports betting terminology, like parlay and teaser. If this is not the case, please read my page on sports betting first.
