Assertion: bookmaker's odd | /r/HasProperty | equivalent
Facets:
value: the each way
type: MANNER
Source sentences:
text: Therefore, the decimal odds of an outcome are equivalent to the decimal value of the fractional odds plus one.
text: Yet, the bookmaker will never present odds that are equal.
text: Therefore, the decimal odds of an outcome are equivalent to one plus the decimal value of the fractional odds; in the absence of built-in house advantage to cover overhead, profit margins, or (for an illegal enterprise) compensation for the fact that both chances of prosecution and penalties in the event of conviction tend to be higher for bookmakers than for clients, the decimal odds associated with a given outcome would be the decimal expression of the reciprocal of what the offering party assesses to be the outcome's chance of occurring.
text: Therefore, the decimal odds of an outcome are equivalent to the decimal value of the fractional odds plus one.
text: The each way odds are equivalent to, or are in excess of, 5.0.
text: For instance, in the unrealistic event where the bookmaker would offer equal odds, e.g. O₁ = O₂ = 1.90, in a match between reigning world champion Michael van Gerwen against the world