Posts Tagged ‘odds’

Betting odds slang

Posted by Nicolae on October 1st, 2008 under Gambling terminology
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Betting odds slang is a series of words used to describe particular common fractional odds.

Evens - Levels, Scotch
2/1 - Bottle
3/1 - Carpet, Gimmel
4/1 - Rouf
5/1 - Hand
5/2 - Face
6/1 - X’s
7/1 - Nevs
8/1 - T.H.
9/1 - Enin
10/1 - Cockle, Net
11/10 - Tips
33/1 - Double Carpet
100/30 - Burlington Bertie

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Asian handicap

Posted by Nicolae on September 28th, 2008 under Sports Betting, Sports betting guide
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An Asian Handicap is a sports betting term used to describe spread betting in football (soccer). Described as Asian because of its Eastern origins, the phrase has little else to do with the region. This form of soccer betting has gained increased popularity over the last few years and is now offered [...]

Lottery jackpot records

Posted by Nicolae on September 20th, 2008 under Lottery Guide
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Lottery jackpot records are a matter of some interest to both participants and observers of this form of gambling.It is often said that the annual Christmas lottery in Spain, dubbed El Gordo (The Fat One), is the largest in the world. In 2003 its prize fund reached (converting euros to approximate [...]

Betting strategy

Posted by Nicolae on September 10th, 2008 under Wagering guide, strategies
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Betting strategies or betting systems are approaches to gambling intended to increase the odds of winning.
Independent Events
The following betting strategies have been recorded as being applied to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can [...]

Jueteng

Posted by Nicolae on September 5th, 2008 under Lottery Guide, Rules, games
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Jueteng (pronounced wet-teng) is an illegal numbers game played in the Philippines. Jueteng came from China and it means flower (jue) and bet (teng). Although illegal, it is a widely popular game with participation that crosses most, if not all social and economic boundaries, played by rich and poor alike. With [...]

MIT Blackjack Team

Posted by Nicolae on August 27th, 2008 under Blackjack, Casinos, Celebrities, Gamblers
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The MIT Blackjack Team, as the name suggests, was a group of students and ex-students from the Massachusetts Institute of Technology who attempted to beat casinos at blackjack worldwide. The team and its successors operated from 1979 through the beginning of the 21st century.
The plan and operation
Blackjack gives the house a low statistical [...]

Common misunderstandings in slot machine

Posted by Nicolae on August 22nd, 2008 under Slot machine Guide, Slots
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“Hot” and “Cold” machines
Standard slot machines do not get “hot” or “cold”. The odds of hitting a winning combination are determined by a random number generator contained in the machine’s software and is exactly the same with every spin. Such slot machines are never “due to be hit” if they haven’t paid [...]

Pocket Aces

Posted by Nicolae on June 23rd, 2008 under Poker, Poker terminology Guide
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Pocket Aces refers to a starting poker hand that contains two Aces. The most common context is a game of Texas Hold’em.
Other names for Ace-Ace include American Airlines, bullets, and rockets.
In a conventional game of hold’em, Ace-Ace is the best possible starting hand. It is the best hand before the flop, is [...]

Bookmakers

Posted by Nicolae on June 22nd, 2008 under Sports Betting, Wagering guide
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A bookmaker, bookie or turf accountant, is an organisation or a person that takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. Bookmaking may be legal or illegal, and may be regulated; in the United Kingdom it was at times both regulated [...]

Tote board

Posted by Nicolae on June 20th, 2008 under Sports Betting, Sports betting guide
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A tote board is a large, numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event).
The first tote boards were manufactured for [...]