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.

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Final test “Types of Betting Odds”

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

1. What is following the overask?

A bet on an outcome whose odds are increasing;

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

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

A bet on an outcome whose odds are rapidly decreasing;

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

2.15;

-1.125.

11/7;

+75;

3. What is “overask” in bookmaker betting?

Victory of the underdog team.

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

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

Victory of the favorite team by a large margin;

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

+75;

2.15;

11/7;

-1.125.

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

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

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

Physical condition of athletes;

Statistics of wins and losses in matches;

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

All of the above.

Psychological state of athletes;

7. What is a bet against overask?

A bet against the favorite team.

A bet against a team whose odds are rapidly increasing;

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

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

+75;

2.15;

11/7;

-1.125.

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

-1,125.

+75;

2,15;

11/7;

10. What types of overasks are there?

All of the above in combination.

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

Targeted, spontaneous, fan preferences;

Random, organized, fan influence;

Your score is

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