Types of Betting Odds. Summary Test

Reinforce your knowledge of betting odds by taking the final quiz in this module.

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Learn new things about odds - check your knowledge in the test.

Take the Final Test and Consolidate Knowledge

Final test “Types of Betting Odds”

Answer 10 questions about sports betting odds, rules of their calculation and reasons for changes by bookmakers.

1. Which of the listed odds is the Asian “Malay” one?

11/7;

+75;

-1.125.

2.15;

2. Which of the listed odds is “American”?

+75;

11/7;

2.15;

-1.125.

3. Which of the listed odds is “British fractional”?

+75;

2,15;

11/7;

-1,125.

4. Which of the listed odds is “European decimal”?

+75;

11/7;

-1.125.

2.15;

5. What types of overasks are there?

Influence of professional bettors, influence of non-professional novice bettors, spontaneous bets on the favorite team;

Random, organized, fan influence;

Targeted, spontaneous, fan preferences;

All of the above in combination.

6. What factors are taken into account when calculating bookmaker odds?

Additional and indirect factors such as weather conditions, playing at home or away, etc.;

All of the above.

Physical condition of athletes;

Psychological state of athletes;

Statistics of wins and losses in matches;

7. Which three factors are the basis for odds formation by bookmakers?

Statistical analysis of match outcomes or other sports events; Forecast of payouts on bets; Determination of the score in the match or other quantitative indicator of the sports event.

Statistical analysis of wins and losses of sports teams; Forecast of incoming funds; Determination of the capital outflow amount.

Statistical analysis of inflows and payouts on a sports event of similar value; Forecast of the outcome of the sports event; Determination of the percentage of commission charged by the bookmaker for services.

Statistical analysis of sports event data; Forecast of cash flows; Determination of the margin amount.

8. What is following the overask?

Tracking the odds with the aim of placing a bet at its minimum value.

A bet on an outcome whose odds are rapidly decreasing;

Tracking the odds with the aim of placing a bet at its maximum value;

A bet on an outcome whose odds are increasing;

9. What is “overask” in bookmaker betting?

A stake with too large of a nominal value that exceeds the bookmaker's limits;

Victory of the underdog team.

Victory of the favorite team by a large margin;

A large number of bets placed on sports events that influence the odds;

10. What is a bet against overask?

A bet at the peak value of the odds, which are subject to change due to influences caused by fan preferences;

A bet against the favorite team.

A bet against the underdog team made at the minimum odds at the very beginning of its rise;

A bet against a team whose odds are rapidly increasing;

Your score is

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