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Tag Archives: gambling odds

Betting systems that work and truths about roulette betting systems

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Betting system truths.
Gamblers should be at least basically familiarized with the various betting systems used in online casinos or in traditional gaming houses. We offer some betting systems truths that will introduce you such gambling systems as the Martingale, Paroli, and Parlay. You can use any of these gambling systems while playing such games as roulette, blackjack, poker, craps, and baccarat.

Using the Martingale betting system wouldn’t be very difficult, provided you have a considerable bankroll. To start using this system you place one bet and this process continues until you lose. If you lose you should double the amount of the previous bet. But if you win the game using the Martingale system you will regain all lost bets and your winning will be a one chip plus the initial bet placed.

Paroli is another famous winning system among betting systems that work. The gambler starts with one bet placed and raises the amount of the wager when he or she wins instead of when a loss occurs. The advantage of Paroli, which can be more effective when used as roulette betting system, is that the gambler isn’t required to have a large bankroll unlike the Martingale system demands, and it makes the profit run and decreases the losses.

Parlay is almost similar to the Paroli gambling system. It consists of the reinvestment on successive way of the initial bet and any additional winnings. This betting system is one of the oldest forms of gambling, and it provides the least risk involved.

You can choose any of these betting systems that work, but take into consideration that there is always some risk involved. But anyway your familiarization with the Martingale, Paroli, and Parlay betting systems will minimize this risk, and let you enjoy better the gambling process.

Pot odds in poker, what are they and how are they calculated?

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Pot Odds explained.
Pot OddsPoker is largely a mathematical game. To win you need to make decisions with a positive mathematical expectation; it means those that are beneficial for you. Beginners often do not realize it, trying to take the pot at any cost, and as a result they lose.
In order to use poker odds, you should take into account pot odds before making a decision whether you need to make a certain action or not. Continue reading →

Odds for Craps explained

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Craps odds

craps oddsGerolamo Cardano (1501-1576), also known as Cardan, spent much time and effort to calculate odds for craps. Being a student at University of Padua, Cardano began collecting material for his work entitled “The Book of gambling” also known as “On Casting the Die”.  Not having any living allowance, he had to earn his living by gambling. “The Book of gambling” is a fascinating work, though it is not very consistent. There are practical aspects of casino games, as well as the principles of probability theory. His arguments are based on a strictly logical reasoning. Here is one of them. Die is a cube with six equal faces. While rolling, the chances that any of them would be on the top are exactly the same. Mastery and skill are nothing to do with. In other words, we have “six equal cases.” So the probability of rolling one of the faces can be expressed as1:6.

Therefore, the odds craps can be defined by p = f / c – (where p – the degree of probability, c – the total number of possible variants, f – number of favorable results).

Cardano discovered that one roll of two dice gives 36 different combinations of numbers, because we have to consider all possible combinations of the six faces of one die plus the same number of the second one (6×6 = 36). And in the case of three dice are rolling the maximum number of combinations increases to 216 (6 x 6 x 6 = 216).

Determination of the total number of variants is a simple arithmetic problem. It’s much more difficult to calculate odds on craps with two or three dice. Initially, Cardano did a lot of preparatory work to find all the probabilities of dice rolls to get the required number. Using this information, any player can easily calculate his odds in craps to get the necessary number when rolling two dice.

Odds at craps can be received by comparing the number of all variants of rolls giving this combination to their total number. Each roll of the dice involves six different variants, because the die has six faces. So for one roll of one die your chances to get the required number are 1 to 5. Accordingly, if there are two dice, the number of possible variants increases to 36. There is only one variant, which gives a number 2 or 12. Thus, your odds to roll for once the two dice of 12 or 2 are 1 to 35. Chances to roll the number 11 (or any other number that requires a combination of two digits) are 1 to 17 (or 34 to 2).

It’s easy to understand how important in craps to know in advance what are your dice odds to roll a six before a seven. As you know, in craps, as in roulette, there are only two types of bets: win-lose. Number six can be rolled with five different combinations of numbers. For a seven the number of combinations increases to six. The probability that a six will be rolled before a seven is 5 to 11. Hence, the odds in this case are 5 to 6. The probability that the four (or, a ten) will be rolled before seven is 3 to 9, and odds are 3 to 6 (because there are 3 variants of combinations of numbers giving as a result a four or a ten). For a five or a nine, the odds are 4 to 10 or 4 to 6, and for an eight (as well as a six) – 5 to 11.

Using this information a player can easily calculate craps odds of the desired combination. A seven or an eleven got at the first roll, win, and a two, a three or a dozen lose. If the player rolls the “point”, he or she wins only if it will be repeated before a seven is rolled.

Roulette odds charts and calculators explained

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Roulette Odds

roulette oddsRoulette is a fairly simple game that gives players a chance to get a significant winning. The ball, spinning in a wheel, consisting of 38 (American) or 37 (European) sections with numbers from 0 to 36, randomly comes to one of numbers. The player’s task is to guess where the ball will stop on the next spin, and place chips on a roulette layout.
Roulette Rules
• There are eight types of bets, which determine European roulette odds:
1. Straight-Up Bets
The chip is placed directly on zero or one of the 36 numbers on the layout.
Roulette Odds: 35 to 1
2. Split Bets
Bet on the adjacent numbers on the layout. The chip is placed on the line dividing the two adjacent numbers. For example, a bet on 2 and 3 (horizontal line) or on 2 and 5 (vertical line).
Roulette Odds: 17 to 1
3. Street Bets(Trio or Three Number Bets)
A bet is made on three numbers, which are located in a horizontal line. The chip is placed on the horizontal line on the top of the layout on one of the columns of three numbers.  For example, 4, 5, 6.
Roulette Odds: 11 to 1
4. Quad  Bets (Corner Bets)
A bet is placed on four adjacent numbers on the layout. For example, 5, 6, 8, 9.
Roulette Odds: 8 to 1
5. Double Street Bets (Six Number Bets)
A bet is placed on 6 numbers located on two adjacent horizontal lines. The chip is placed on the vertical line at the place of contact between two horizontal lines. An example of such bet is a bet on 1, 2, 3, 4, 5, 6.
Roulette Odds: 5 to 1
6. Column Bets
A bet is made on 12 numbers in one of three columns on the layout. The chip is placed in the box at the end of the column.
Roulette Odds: 2 to 1
7. Dozen Bets: 1st 12, 2nd 12, 3rd 12
A bet is made on 12 numbers (a dozen). There are three versions of bets: 1 – 12 13 – 24, 24 – 36. The chip is placed on one of these fields: “1st 12″, “2nd 12″, “3rd 12″.
Roulette Odds: 2 to 1
8. Black, Red, Odd, Even, 1-18, 19-36
Betting is made on 18 numbers. You can bet on red or black numbers, “odd” or “even” numbers from 1 to 18 or from 19 to 36. The chips are placed in one of the needed fields.
Roulette Odds: 1 to 1
• Call or announced bets in roulette
In roulette, a player can make the “call” bet – bet on a set of numbers located next to each other on the wheel. There is a special field for them on the layout – “track.”
There are five types of call bets:
1. Neighbors
Bet is made on the number and four of its neighbors on the wheel (two on both sides). If the ball comes to one of these numbers, the player gets one-fifth of the total bet on the neighbors and the winning, the remaining part of the total bet loses.
Roulette payouts: 35 to 1
2. Zero spiel or Zero game
Bet is made on the numbers closest to zero: 12, 35, 3, 26, 32, 15. The player wins if the ball comes to any of these numbers.
Roulette payouts:
a) If the winning number is 26 – you get 35/4 of the total bet
b) if the winning numbers are 12, 35, 3, 0, 32 or 15, then you get 17/4 of the total bet
3. Voisins du zero (Neighbors of zero)
Bet is divided by 17 numbers: 22, 18, 29, 7, 28, 12, 35, 3, 26, 0, 32, 15, 19, 4, 21, 2, 25.
Roulette payouts:
a) if any of 0, 2 or 3 wins, the player gets 2/9 of the total bet and the winning – 22/9 of the bet, the rest is lost
b) if any of numbers 4, 7, 12, 15, 18, 21, 19, 22, 32 or 35 wins, the player gets 1/9 of the bet and the winning – 17/9 of the bet, the rest is lost
c) if any of 25, 26, 28 or 29 wins, the player gets 2/9 of the bet and the winning – 16/9 of the total bet, the rest is also lost.
4. Le tiers du cylindre (Thirds of the wheel)
A bet on twelve numbers: 27, 13, 36, 11, 30, 8, 23, 10, 5, 24, 16, 33.
Roulette payouts:
If one of these numbers wins, the player gets one sixth of the total bet on Tiers and the winning – 17/6 of the bet on Tiers.
5. Orphelin (from the French Orphelin – orphan)
Bet is made on 8 numbers (the other two sectors of the wheel outside the Neighbors and Thirds): 17, 34, 6, 1, 20, 14, 31, 9.
Roulette payouts:
a) If the number 1 wins, the player gets 1/5 of the bet and the winning – 35/5 of the bet, the rest is lost
b) if the number 17 wins, the player gets 2/5 of the total bet and the winning – 34/5 of the bet, the rest is lost
c) if any of 6, 9, 14, 20, 31 or 34 wins, the player gets 1/5 and the winning – 17/5 of the bet, the rest is lost.
There is also a special program called roulette odds calculator which can help you to always know your odds. But it would be better for you to learn all this information and make a personal roulette odds chart, uniting all bets, odds and payouts.

Blackjack probability and blackjack odds expalined

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Blackjack Odds.

Analysis of Blackjack probability will help you to successfully play blackjack online.
House edge in Black Jack is 5,9%. The probability of dealer’s bust is about 28% with odds of 1 to 3,57. The bust is the sum greater than 21. If a player will play as the dealer (stay on 17 points and take an additional card with 16 points or less), his bust will be at 28% of hands.

There are many winning systems in blackjack online and one of them is called plus-minus card counting system. It was proposed in 1963 by a talented mathematician Harvey Dubner. Here, as in a system of counting of tens, every card that comes out of the deck has its own number. It is quite easy to understand, that the sum of numerical values of 52 cards from a single deck is zero, and the same thing is with the “big deck”. Systems that have similar properties are called balanced systems.

You should watch the cards that come out of the deck and count. Cards from seven to nine can be ignored. If high cards are left (tens and aces), the score is reduced; if low cards (from two to six) are left, the score increases. The system of “plus-minus”, like any well-balanced system has a simple property: if the score is positive, the player’s chances of winning are increasing, and if it is negative – they are falling. Your winnings are directly proportional to the score.

However, the main question remains unanswered: how the score affects to the blackjack odds of winning? When do you need to raise bets? As it turned out, the current score doesn’t have an influence on the answer to these questions.

For calculating the number of cards that came out, you need to learn how to estimate by eye their quantity to the right of the dealer (out-of game cards), so you can at least imagine the estimated number of remaining cards. If your place in the game is next to card box with decks of cards, you can carefully look and see how many cards are left there.
If the score is negative, you should reduce the bets or stop playing at all. Unfortunately, this system has some disadvantages, for example, a low reliability. And as a result a blackjack probability of winning is also low.

Gambling odds explained

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Gambling Odds

Each of us, even not gamblers, at least once wondered what it takes to win in a casino, to win a lottery, pari-mutuel? And the answer is clear: luck only. Of course, you need to know the basic rules of the game, have the basic skills required. Still, the main role in this performance is given to luck. So can we win (and keep!) the favour of this whimsical giddy lady, or the task is too complicated for the mere mortals? The question is almost rhetorical and has not found a unique solution so far.
Gambling exists for more than a thousand years, and the number of those willing to learn the secrets of success is not getting smaller. Best minds have tried to bring the scientific basis into the game. The attempts to analyze and estimate the possible outcome of the game date back to early medieval scholars. As a basic material for these studies scholars used the practical observation of dice. In the attempt to prove that it is possible to mathematically calculate the most likely outcome, that any play of chance is natural, they often checked their findings in the theory of gambling … in the game itself.
A little later, these studies were followed by Galileo Galilei, whose calculations are considered by contemporary mathematicians as accurate as if they were made today.

Gambling odds received a new boost in the studies of the French mathematician, physicist and philosopher Blaise Pascal. He already had in his possession many serious findings devoted to the casual, at first glance, topic. And the famous scientist did not disdain such data.
Thus, we can say that gambling served as a basis for the emergence of the probability theory. Actually, this theory, apart from the purely scientific value, continues to help the players familiar with the theory of probability, to apply the knowledge to practice and receive a weighty advantage in the game. That is, by making accurate calculations, one can understand what bet to make, what decision to take in order to succeed in the game.

It is, however, worth to note that the calculations are relevant not for one or two cases, but for a sufficiently long chain of events. In other words, with high probability we can predict only the overall ratio, but not a particular result.
That is, the concept “gambling odds” exists, and has a sufficiently strong scientific foundation, but probably you shouldn’t consider it a magic wand allowing to win always and in everything.

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