Safe Online Casino Gambling Agent Recommendations 18347956915823

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Safe Online Casino Gambling Agent Recommendations 18347956915823

Bookmakers and casinos give themselves an advantage and 99% of men and women fall into their “trap”. How do this is accomplished 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 obtain 35-1 in case you are correct right? Wrong. lots of people forget that you’ll find actually 37 numbers including zero (and even 38 with a double zero on American roulette). This make a significant difference with regards to payouts. So just using European roulette, let’s crunch the numbers.

If you choose one number, the actual 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 within their favour. Just the reduction of 1 point gives the home an advantage of about 2.seven percent. Not only 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 would appear to be a 50/50 bet. But with the inclusion of zero, you actually 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 normally priced up at 9/10 or 1.9 in decimal odds.

It means that the bookmaker is giving themselves a huge 10% margin on these kind of bets, click here. the most common 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 regardless of what your decision is, the bookie stands to keep 10% of the actual odds. Not fair, you could think. Well, they’re not going to give you anything for free. They’re within the business of making money after all.

So, just how can you counter these edges?

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

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