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Describe

what is a put bet A “Put” bet is a old, rarely used wager that was made on the pass line after the shooter established his point. For example, say you have no bets and the shooter rolls a six, your favorite number. You can then “put” a bet down on the pass line and take the maximum odds..

game called what  A put option is, simply “put” (pun intended), a way to bet that a stock will drop in value while limiting your risk.

sports betting what does plus minus mean  Different Put Option Strategies Explained Long put (bearish) – a long put is a bearish bet that the buyer of a put option is making. They are paying the premium of the options contract in hopes of seeing the underlying stock price decrease by the expiry date.