Assertion: bookmaker's selection | /r/HasProperty | correct
Facets:
Source sentences:
text: The table below shows a range of fractional odds and how they relate to the implied chances of that selection being correct.
text: These odds determine how much a bookmaker must pay to the bettor relative to his stake if the relevant selection is correct.
text: They are closely related to the chances of the selection being correct.
text: If the chances are low (i.e. the selection is unlikely to be correct), then the odds are usually high.
text: If the chances are high (i.e. the selection is likely to be correct), then the odds are usually low.
text: The payout is the total amount that the bookmaker must pay to the bettor if his selection is correct.
text: Our selection was correct, so our wager wins.
text: If the backer’s selection is correct, then the layer has to pay them out at the agreed odds.