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About EliteBet\n\n EliteBet offer betting markets for Australian and international sport, as well as horse, harness, and greyhound racing. EliteBet is owned and licensed by Daniel Paolini and is regulated by Racing NSW and the OLGR.vig.io is a developer of decision support, market analytics, research, and interactive games for Stocks, ETFs, Options, and Crypto.
About EliteBet\n\n EliteBet offer betting markets for Australian and international sport, as well as horse, harness, and greyhound racing. EliteBet is owned and licensed by Daniel Paolini and is regulated by Racing NSW and the OLGR.
vig.io is a developer of decision support, market analytics, research, and interactive games for Stocks, ETFs, Options, and Crypto.
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If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover. For the favorite to cover, they must win by more than seven points.
Betting odds are the ratio between the amount staked by the bookies and the bettor, so 7/1 means the bookies stake seven times the amount the bettor has wagered. If the bettor wins; their predicted outcome materialises; they will take seven times their bet from the bookie (in this case).