OSOTOTO

Lay Bet

A bet that a selection will NOT happen, placed on a betting exchange.

All terms

RTP (Return to Player)

House Edge

Vig / Overround

Implied Probability

Expected Value (EV)

Variance

Volatility

Kelly Criterion

Closing Line Value

Arbitrage

Dutching

Matched Betting

Lay Bet

Liability

Wagering Requirement

Risk of Ruin

Edge

Parlay / Accumulator