Great Online Casino Casino Handbook 63354687636994

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Great Online Casino Casino Handbook 63354687636994

Bookmakers and casinos give themselves an advantage and 99% of men and women fall into their “trap”. How do they do this and what should be avoided?

Let’s look at the example of roulette in a casino.

On the surface, it looks OK. 36 numbers, choose one and acquire 35-1 in case you are correct right? Wrong. plenty of people forget that you will discover actually 37 numbers including zero (and even 38 with a double zero on American roulette). This make a huge difference when it comes to payouts. So just using European roulette, let’s crunch the numbers.

If you choose one number, the particular odds of getting that number correct is 1 in 37 or 36-1. So by offering 35-1, the casino has instantly stacked the odds ever so subtly in their favour. Just the reduction of 1 point gives the house an edge of around 2.seven percent. Not much of a lot you could think but over the course of Ł100,000 that is Ł2700 in favour of the casino. A small margin but a margin nonetheless.

So what about red/black or odd/even? Again, it might appear to be a 50/50 bet. But with the inclusion of zero, you really have an 18 in 37 chance (48.65%). That favours the house by 1.35% which over the course of one day, could equal to thousands of pounds.

But this really is nothing in comparison to bookmakers.

As I have demonstrated, a “50/50” at a casino is in fact a 48.65/51.35 against you. At bookmakers, the margin is significantly greater. A seemingly 50/50 bet is generally priced up at 9/10 or 1.9 in decimal odds.

Consequently the bookmaker is giving themselves a massive 10% margin on these sort of bets, visit the following web site most frequent of which are called “handicap bets”. The handicap bets are setup in such a way that you can find only two possible outcomes, rated as equally likely. But no matter what your decision is, the bookie stands to keep 10% of the particular odds. Not fair, you might think. Well, they’re not going to give you anything for free. They may be within the business of making money after all.

So how can you counter these edges?

It is possible with bookmakers to utilize a system of “handicap doubles”. I will explain this at another time. Otherwise, only good fortune will counter a bookie’s edge and which is not something to depend upon.

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