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Odds on: When your winnings are less than double of the things you wagered, you have bet on an odds on event. For example, a two-to-one on bet, represented as 1/2, will a person a total of $1.5. This indicates that your winnings are $0.50.

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Golf betting has several variations such as Bingo Bango Bongo. The bingo player gets his ball first in saving money. On the other hand, the bango player gets the ball most near into the pin and also the bongo player is the individual who is the first ones to hole living in. Similarly, other bets are known as sandies wherein the player makes par when having been in a bunker on the hole, and barkies wherein a player hits a tree on a dent. Other winning bets are often called Arnies, Wolf, Acey Duecy, Round Robin Nassau, Criers and Whiners etc. The $2 Nassau(three in one) is the most favorite among the golf players in which there is a prize money for low score on front nine, back nine and full 18.