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Shorten
sports bettingIn betting, to shorten the odds means to decrease the payout for a particular outcome. This typically happens when a large amount of money is wagered on that outcome, making it a favorite. Bookmakers shorten the odds to reduce their liability and balance the action on both sides of a bet.
Key Takeaways
- 1In betting, to shorten the odds means to decrease the payout for a particular outcome. This typicall
Shorten
In betting, to shorten the odds means to decrease the payout for a particular outcome. This typically happens when a large amount of money is wagered on that outcome, making it a favorite. Bookmakers shorten the odds to reduce their liability and balance the action on both sides of a bet.
Example
Due to a star player's return from injury, the bookmaker had to shorten the odds on their team to win the championship.
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