Betting prices Crossword Clue

The crossword clue "Betting prices" with the answer "ODDS" refers to the numerical representation of the likelihood of a particular outcome in betting or gambling. In betting terminology, "odds" indicate the ratio or probability of an event occurring compared to it not occurring.

They are used to determine how much money a bettor can win based on their wager. For example, if the odds are 3 to 1, it means that for every unit of currency bet, three units will be won if the bet is successful. Thus, "odds" effectively captures the concept of betting prices as they represent the potential returns on a wager.

The crossword clue "Betting prices" with the answer "LINES" refers to the specific odds or spreads set by bookmakers for various betting events. In sports betting, the term "lines" is used to describe the numerical values assigned to teams or outcomes that help determine how bets are placed and settled.

For instance, a betting line might indicate the points spread in a football game or the odds for a particular team to win. These lines are crucial for bettors as they provide the framework for placing and evaluating bets. Thus, "lines" effectively captures the concept of betting prices as they represent the terms and conditions of betting odds.

The crossword clue "Betting prices" with the answer "QUOTAS" refers to the fixed amounts or ratios assigned to various betting outcomes by bookmakers. In betting terminology, "quotas" are used to express the odds or potential returns for a bet.

They indicate how much a bettor can win relative to their wager. For example, a quota might specify that a bettor will receive a certain amount of money for every unit they bet if their selection is successful.

The crossword clue "Betting prices" with the answer "RATES" refers to the numerical values that indicate the odds or potential payouts for various betting outcomes. In betting, "rates" are used to determine how much a bettor stands to win based on their wager and the probability of the event occurring.

For example, if the rate for a particular outcome is 5 to 1, it means that for every unit bet, the bettor would win five units if their selection is correct. Thus, "rates" effectively capture the concept of betting prices as they represent the odds and potential returns associated with different bets.