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How to Calculate and Convert Odds

m88a So for example odds of +550 would look like this:

For example 10/1 would mean that a stake of 1 would yield winnings of 10, for a total return of 11 including the original stake.

American odds are perhaps the most complicated of the three systems to understand and are based on how much one would have to stake in order to achieve a return of 100. For example decimal odds of 4.5 and a stake of 2 would be expressed as follows:

Basic Factor

Perhaps the easiest way of calculating fractional odds if you aren’t used to them is to convert them into decimal odds instead.

In order to do this simply add the two figures of the fraction together and divide by the right hand number. This often means that working the odds can be tricky unless you understand what they are expressing.

We are then left with a decimal figure which can be multiplied by a stake figure to calculate a return.

Fractional odds, also known as English odds, are the oldest way of expressing odds and do so as a fraction. For example using -220 as an example:

+550 + 100 =650 650 divided by 100 = 6.5

2 (stake) x 4.5 (odds) = 9 (total return)

For positive odds, ie those with a + sign next to them, we simply add 100 to the American odds figure and then divide by 100. The right hand figure in fractional odds represents the stake while the left hand figure represents the winnings.

A plus sign in front of an odd represents how much a stake of 100 would return, so for example:

For example 12/5 would mean that a stake of 5 would result in winnings of 12, however with a different stake this isn’t easy to work out. That being the case converting the fraction into a decimal is generally the easiest way of calculating it (see below).

Decimal odds are the easiest and simplest odds to calculate due to the fact that they are simply multiplied by the stake to give total returns. American odds are expressed with a + or – in front of them are are shown in units of ten.

10/3 10+3=13 13 divided by 3 = 4.33

100 divided by 220 = 0.45 0.45 + 1 = 1.45

Fractional, Decimal and American odds

Depending on where you are geographically, odds can be expressed in any one of three ways, each very different from the others. +650 would return winnings of 650 with an initial stake of 100.

More complex examples however aren’t nearly so easy to calculate, particularly if the stake is different to the number expressed in the odds and won’t divide evenly

For minus odds we divide 100 by the American odds and add one. For example: (thai-m88)

A minus sign represents how much would need to be staked in order return winnings of 100. So for example -220 would mean that 220 would need to be staked in order to return winnings of 100.

Converting American odds to decimals

Although a little more complicated, American odds can also be converted to decimal odds fairly easily, making them much easier to calculate.

Infographic Shows Popularity of Sports Betting

m88 สำรอง sport in the United States. Straight bets, or those that simply choose the winner, propositional bets, parlays, and future wagers are all among the top etting types. Top Betting Action has created a new infographic that is now showing just how the growth of sports betting is thriving. Nearly 67% of college students have bet in one way or another on sports. The betting types all depended upon the individual, and spanned every sport from baseball to football, basketball to hockey, with horse racing being one of the most popular to bet on.

While many of the gamblers within the United States are full-grown adults, there are many college students who take part in the activity as well. An additional 80% of high school students bet as well, though many are not legal gambling and is often amongst friends. The American Gaming Association stated “Overall, Nevada’s legal sports wagering represents less than 1% of all sports betting nationwide. Twenty-five percent of males between 14-22 have placed a wager every month, with the NFL being the largest amongst the age group. Another 15% of individuals have gambled once within the past month. 19 by Top Betting Action detailed that information showing that college students are betting regularly on sporting events.

Based on the infographic, 65% of all Americans have gambled on sports at least once, while 30% have gambled on sports within the last year. And 3% had even placed wagers within the last day. In 2011, $2.88 billion was legally wagered in Nevada’s sports books; the National Gambling Impact Study Commission (NGISC) estimated that illegal wagers are as much as $380 billion annually.”

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An infogrpahic released on Thursday, Sept. The act of placing wagers on sporting outcomes has been popular for some time amongst friends and work betting pools, however, the growth in casinos and online has grown to huge unprecedented levels.. The Super Bowl and NCAA March Madness tournament are two of the largest payouts in the United States.

The infographic showed that several kinds of bets are placed most often. There are head-to-head bets, as well as totalizators, progressive parlays and if bets which have each grown in popularity.

As the niche of sports betting continues to rise in worldwide popularity, there appears to be no limit to the amount of money and effort put into the interest. A tally of 44% of all 12th grade males have wagered at least once on sports.

Other than poker, sports gambling is (hhht888)

Striking It Rich (or Striking Out) in Daily Fantasy Sports

If someone gets hurt, its luck. Pallone, ranking member of the Energy and Commerce Committee, requested a hearing to examine the relationship of fantasy m88a sports to gambling in professional leagues.

You know, put down a bet and get a high return by betting on a team, players, whatever. Studies show that fantasy participants watch more games and watch them for longer than people who dont play fantasy sports.

But critics, including Congressman Frank Pallone, D-N.J., argue that the leagues are a form of gambling. Trust us, our lawyers drive very nice cars so that we can keep it that way,” FanDuel says on its website as its short answer for the frequently asked question, “Is FanDuel Legal?”

Meanwhile, some sports fans really do hit the jackpot. Lewis watched Mondays Atlanta Falcons-Philadelphia Eagles game, hoping for a nice payout because of players statistical achievements.

Tonight didnt really go how I would have liked, but Im definitely looking forward to next week, he said.

The Associated Press contributed to this story.

. Even the traditional casino companies and regulators have eschewed the word “gambling” until recently, opting for the more antiseptic “gaming” instead to describe what they do.

Daily fantasy sports and its defenders point to a 2006 law, the Unlawful Internet Gambling Enforcement Act, that carved out a specific exemption for “fantasy sports” well before the concept of daily games versus week-long or season-long were contemplated. The services have partnered with major sports leagues and brands. Travis Spieth was able to quit his day job after winning $1 million in a 2013 FanDuel contest.

Its very comparable to stock trading, and if you ask somebody that’s dealing in stocks, they’re definitely not going to tell you they’re gambling cause there’s a lot of research involved, Spieth said.

For Scott Lewis, the big bucks remain a fantasy at least this week. But if its just coming down to that day, its actually harder to win at daily fantasy than it is at season-long fantasy.

The leagues, in which participants make up teams with real players, have drawn added attention to NFL action. The start of the NFL season draws renewed focus on fantasy sports, a chance to assemble imaginary teams featuring your favorite players.

While fantasy sports leagues often cover an entire season, an emerging trend involves one-week or daily fantasy sports, offering a shorter window, but the potential for an immediate payoff. DraftKings, for instance, has an advertising relationship with ESPN, which, like ABC News, is part of the Walt Disney Co.

ESPN Sports Business Reporter Darren Rovell said daily fantasy football requires more skill than chance.

Every day, you know who is going to play, Rovell said. How is it any different from sports betting? I don’t see it; what, because you call it fantasy? Pallone said (see th-m88).

The fantasy industry says it’s already legal and has no interest in being regulated if it comes with a “gambling” label. Daily fantasy football has become big business, and the rewards can be substantial.

But do the leagues represent a form of gambling?

Two of the most popular daily fantasy sports providers are FanDuel and DraftKings, both estimated to bring in tens of millions of dollars in entry fees for the NFLs first week, according to a recent Bloomberg article. Before the rise of daily fantasy sports, the exception was mostly used by top season-long fantasy operators like Yahoo and CBS Sports.

“Thanks to fantasy sports being specifically excluded from laws affecting online sports betting, FanDuel is not illegal in any way

Daily fantasy sports betting going down the same road as online poker

Mike Sexton became a household name for many. Just a word of advice– Don’t keep too much money on the sites.

The bottom line is the government will always want a piece of the action. PokerStars, Full Tilt Poker, and Absolute Poker were closed for business to all American players. Right?. On April 15, 2011 — a day known as “Black Friday” among the online poker community — the United States government shut down the three big online poker sites. You want to play in a tournament against thousands of others with the chance for a huge payout? Or do you want to just “grind” out a steady profit? You could play single “m88a games” against only fifty people, twenty, or nine– how many ever you want. And they must sit and wonder how these sites have gotten away with this as long as they have. Online poker sites that once would be lucky to have 1,000 players online at any given time now had over 200,000– many of them “fish,” a term used to describe bad players. Money in players’ accounts was frozen and seized. The government will, eventually, shut down daily fantasy sports betting just like it did to online poker wagering.

Wrong, said the United States government. The government calls daily fantasy sports betting “gambling.” The accused sites argue that fantasy sports is a “game of skill” and not “gambling.” The government goes after the payment processors for the various sites.

It was only a matter of time. They cause a lot of buzz. Poof! Just like that. The government, especially, notices they aren’t getting their piece of the action. It will be interesting to see how this plays out, because as popular as online poker may have been (and it was enormously popular), fantasy football is even bigger and more mainstream. You can play against how many ever opponents you want. Some, eventually, got their money back. People were having fun. The two fantasy sports sites have chosen to ignore the injunction and elected to continue to take bets from New York residents. Basically, the New York A.G. They witnessed the boom of poker. The government has begun to take notice. Some are still waiting.

Enjoy it while it lasts, friends. A poker player can calculate the odds of a certain card hitting the table as much as any fantasy sports bettor can calculate the odds of a certain hitter getting a base hit against a certain pitcher.

Those who played online poker for a living know how this is going to end. Online players were in heaven. Poker After Dark. Not everyone may know how to play poker, but nearly everyone watches football. Advertising is annoyingly saturating the airwaves. FanDuel and DraftKings are suing the New York Attorney General.

The online poker player is very familiar with these game setups. Money was changing hands. ESPN and NBC couldn’t get enough poker programming. They generate a lot of money. These sites gain popularity. No one was being hurt. Advertising for sites like PokerStars and PartyPoker were inundating the airwaves. There has been the scandal questioning the integrity of the game. The New York State Attorney General sent out cease and desist letters a week ago to FanDuel and DraftKings. How about head-to-head with just one other opponent? You could even create your own tournaments with as many, or as few, players as you like.

Former online poker players have seen this story play out before. The public outcry will be huge if fantasy sports betting is deemed illegal.

So what is happening to daily fantasy sites like FanDuel and DraftKings comes as no surprise to former online poker players. And you can play as many times as you want. World Series of Poker. Poker is just as much a game of skill as betting on fantasy sports. There are the various buy-ins, ranging from free, to a single dollar, to as much as several hundreds of dollars. Any online poker player who has visited DraftKings will find an eery familiarity between the lobby area of the online fantasy sports site and their old favorite online poker websites (https://www.facebook.com/m88.m88a). It’s the same pattern. The legal wrangling has already begun in one state. is banning fantasy sports betting by New York residents. They enjoyed the proliferation of the game into mainstream media

Casino-Gaming :: Down Memory Lane with Roulette

ทางเข้า fun88 And till the time people continue to gamble roulette will remain the game of choice worldwide.

. The myth goes that they sold their soul to the devil to know the secret of the game. This wheel continues to be used in the USA even today while Europe continues to use the roulette wheel with just a single zero.

The name roulette comes from French for “little wheel”. It was here in Monte Carlo where the game caught like wildfire and started attracting some of the most famous names worldwide who came to play in the casinos here.

Many people credit the brothers Louis and Francois Blanc as the inventors of roulette. Whether you go to Monte Carlo or Las Vegas you will find the most number of gamblers around the roulette table. As far as modern roulette is concerned one must credit Louis and Francois Blanc for their popularity. This happened sometime in the 18th century. What do they proffer as proof for this theory the sum of the numbers on the roulette wheel is 666. It was actually in France where the game seems to have originated and then it spread to the other countries of the world.

The popularity of roulette in the United States of America moved up the River Mississippi. After they introduced single zero roulette wheel in 1843 in Homburg in Germany they later on moved to Monte Carlo in the 1860s when the German government abolished gambling. The reference to roulette was actually found earlier in 1758 in the regulations for Quebec and then in the novel La Roulette, ou le Jou by Jaques Lablee. There is no definite history that one can come up with (fun88no1).

But it is generally believed that it was the famous mathematician of France Blaise Pascal who came up with the first form of roulette as he was searching for an ideal machine having perpetual motion. But some people believe that the game started thousands of years ago maybe in Persia or maybe in China. The French version became popular first but the American roulette wheel suddenly had three extra slots one for single zero, one for double zero and for the American Eagle. From the time it was introduced as a casino game it became immensely popular and remains one of the most popular casino games even today. While the eagle disappeared after sometime the slots for single zero and double zero stayed

How the Sports Betting Line is Made by RJ Bell

We do this by drawing from past experiences and applying them to current situations. People think it’s much more complicated, but it’s not.”

Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. For example, the public might have heavy betting interest week after week on a popular college football team such as USC.

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account.

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. In doing so they attempt to make more attractive the team that is getting less action. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor). Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias.

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent. Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides.

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game. “The main objective is that our clients get equal action on both sides,” Seba said.

Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision.

Experts working for the individual books having a strong opinion on the game

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks. By moving the line, sportsbooks can influence how the public bets on a particular game. Reasons for such adjustments include:

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by. If we’ve done that, we’ve done our job.”

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game. . The power ratings are adjusted after each game a team plays.

Why the Line Changes

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

“You either have a passion for it or you don’t,” Seba said. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. Of course there is an entire method to the madness on how the opening line is created.

Contributed by:

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years.

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)

What Is the Line Trying to Accomplish?

Once betting begins, sportsbooks can adjust the line at any time.

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks.

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture.

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather.

How the Opening Line Is Made

“The #1 thing for us is to make a line for each game that creates good two-way action. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’). Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10).

Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line. This usually includes having up-to-date power ratings on each team

Biggest Gambling Countries In The World

Most profits go to education, arts and culture.

Singapore offered the very first casino some years ago which then became the world’s third largest-gaming center after Macau and Las Vegas.

The potash-rich province of Saskatchewan is home to the biggest gamblers in Canada. According to business advisory firm MAG Consulenti Associati, the electronic gaming makes up half of Italy’s total gaming revenues in first half of 2011.

Gaming Losses Per Adult: $1,174

Australia: Biggest Gambling Country in the World

Canada

Finland

Gaming Losses Per Adult: $568

Gaming Losses Per Adult: $553

Singapore

Related links:

Gaming Losses Per Adult: $553

Italy

Gaming Losses Per Adult: $568

Gambling’s Famous Icons

Interestingly enough, the country’s national lottery company, Veikkaus, belongs to the government and is operated by the ministry of education. H2 Gambling Capital has released the list of biggest gambling countries due to average gaming losses.

. In this country, gaming companies bet people on whether the central bank’s interest will increase or not. Although the government has imposed an entry fee of S$100 ($80.50) for citizens entering the casino, the country’s gaming revenue is expected to hit $6.4 billion in 2011 and outpace Las Vegas.

Top Online Gambling Mistakes

Australia

Las Vegas is well-known as the gambling industry of the world; however, American people are not the biggest gamblers on Earth. Reportedly, over 75 percent of adult Canadians took part in the games last year in which the most popular games are lotteries and Scratch and Win cards.

Gaming Losses Per Adult: $1,288

Gaming Losses Per Adult: $1,174

Gaming Losses Per Adult: $1,288

Gaming Losses Per Adult: $517

Gaming Losses Per Adult: $517

Australia is the craziest country when it comes to gaming and gambling. Furthermore, the slot machines named pokies are the most favorite game in Australia with an estimated number of 75-80 percent of problem gamblers. Otherwise, Australia is the only country that allows online bets on sports but prevents gamblers from using the Internet to place bets during live games.

Era of Online Gambling

The most favorite gambling activity in Italy is electronic gaming machine

Negative Effects of Gambling

It can drag you into crime, gambling isn’t fun.

? People continue gambling with the greed of winning money. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

? Gambling is practiced as a means of recreation. Their mental state can even lead to suicidal tendencies.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. This proves to be detrimental to their social and family life. Some go that way to forget the sorrow of losing big sums when gambling.

Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.. Forget satisfaction or peace, it is not even refreshing in the real sense. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. Sports betting and arbitrage betting are the other types. Thus, gambling can have a grave economic impact which is difficult to reverse.

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.

? Research has shown that gambling can lead to harmful behavior in people. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? The addiction to gambling can leave one in bankruptcy. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? Additionally, rehabilitation and public assistance systems are taxed.

? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.

? Gamblers often exhibit mood swings and a strangely secretive behavior. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

You could be at gunpoint or holding the gun. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

Compulsive gambling leads to bankruptcy

? A majority of those addicted to gambling have substance abuse disorders.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. The two go hand in hand. Due to lost mental peace, they may ill-treat their spouse and children. It causes a decline in his/her work performance, thus hampering his career.

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? Gambling has proven to be addictive. Six to eight million people in America are estimated to have a gambling problem.

Gambling = Thoughtless Expenditure + Waste of Time

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. It soon becomes a habit that can’t be broken.

? Gambling can lead to criminal activities. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

? According to a study by the George State University, 50% of the problem gamblers commit crime. ? The costs of treating compulsive gamblers are huge. It only leads to a thoughtless expenditure of money and valuables.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. They engage in gambling activities at the cost of their time with family and friends. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. Because of this, they land in worse situations and take the wrong decisions in life.

? Addiction to gambling has been linked with substance abuse. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? They start borrowing money and take secret loans. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.

? Problem gamblers and addicts tend to abuse their family members. In spite of the losses incurred, they continue betting. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. The greed never ends and they keep betting more and more

The Best Casinos for Blackjack in Las Vegas

What is the strip? It’s about a 4 mile stretch of a street on Las Vegas Boulevard South. The odds in blackjack vary as much by casino as they do by table. Depending on how much money you play with, you can earn quite a bit of complimentary gifts and discounts at restaurants, stores and theatres.

If you’ve heard of Las Vegas, then I’d bet you’ve heard of the strip. Some casinos use 8 decks and a shuffling machine to increase the house odds (or casino’s odds) and to make card counting almost impossible. Many tourists never leave it during their stay.

. It has one of the highest concentrations of quality casinos and entertainment in the city. Other Las Vegas casinos play with just one deck with small bets to attract players. This means if you hit a blackjack and your bet is $10 you’ll be paid $15 at a table with a 3:2 payout, but you’d win just $12 at a 6:5 paying table.

Player’s cards are cards offered at many casinos to gamblers who want to earn perks when they play. With small decks, you’ll probably be seeing the better odds of 3:2, more and more, you’ll start to see rates of 6:5

Negative Effects of Gambling

The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. Sports betting and arbitrage betting are the other types. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. Their mental state can even lead to suicidal tendencies.

You could be at gunpoint or holding the gun. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. Due to lost mental peace, they may ill-treat their spouse and children. The greed never ends and they keep betting more and more. ? Addiction to gambling has been linked with substance abuse. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. Six to eight million people in America are estimated to have a gambling problem.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? According to a study by the George State University, 50% of the problem gamblers commit crime. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. Thus, gambling can have a grave economic impact which is difficult to reverse.

? Problem gamblers and addicts tend to abuse their family members. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. Forget satisfaction or peace, it is not even refreshing in the real sense. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

? Gambling can lead to criminal activities. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? They start borrowing money and take secret loans. Because of this, they land in worse situations and take the wrong decisions in life.

? People continue gambling with the greed of winning money. It can drag you into crime, gambling isn’t fun.

? Gambling has proven to be addictive. This proves to be detrimental to their social and family life. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. It soon becomes a habit that can’t be broken.

Gambling = Thoughtless Expenditure + Waste of Time

? Research has shown that gambling can lead to harmful behavior in people. They engage in gambling activities at the cost of their time with family and friends. It only leads to a thoughtless expenditure of money and valuables.

? Additionally, rehabilitation and public assistance systems are taxed.

? Gambling is practiced as a means of recreation. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. The two go hand in hand. In spite of the losses incurred, they continue betting. Some go that way to forget the sorrow of losing big sums when gambling.

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? A majority of those addicted to gambling have substance abuse disorders.

? Gamblers often exhibit mood swings and a strangely secretive behavior. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

Compulsive gambling leads to bankruptcy

? The costs of treating compulsive gamblers are huge. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.

? The addiction to gambling can leave one in bankruptcy. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. It causes a decline in his/her work performance, thus hampering his career.

? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels

Betting With The Law Of Attraction

. The end result was a draw, 2-2.

Simple.

Within each and every one of us is something called an Emotional Guidance System. “your emotions are a load of rubbish!” … My logical mind started to kick in… Second half started and the opposing team took the lead and made it 2-1. All of your thoughts are created from past experiences and so your logical mind is working within your limited belief system.

In the opening 10 minutes, we scored a goal and were 1-0 up. I’ve started practicing using my emotions to determine how the game will end up, before the game has even kicked off.

If you feel good, you’re attracting good things into your life.

If you feel bad, or neutral, then you’re attracting unwanted things into your life.

Your emotions are your best method of making accurate decisions. I’m not big on betting, but it is entirely possible to bet using your feelings as a judgment call.

When you remove the logical mind and really listen to what you’re feeling, you will always have access to the most accurate answer, since your feelings are an indication of what you’re moving towards. If they feel bad, bad things are coming.

I’m an avid football (soccer) fan and I always enjoy watching my team play on television. It felt horrible and was definitely unwanted. Your logical mind can only make decisions upon what it already knows. If they feel good, good things are coming. I knew before the game started that it wouldn’t.

How does all of this fit in with betting on events?

If you start removing your attention from the logical mind and stop using your mind to make the decisions, then by relying on your emotions, you will very quickly begin to see that your emotions are always a perfect match to what you’re attracting.

Your emotions are always a perfect reflection of what’s coming.

As I was practicing this in a recent match I was watching, I noticed a horrible feeling within me. Before the game begins I will ask myself…

If I get a distinct feeling of “positiveness” then the game will be a success and will win.

If I feel pretty bad about the game then it will either be a draw or a loss.

If I feel nothing and am completely neutral, then I don’t make a decision.

It was an uncomfortable game and didn’t bring me any joy. “they can’t predict the outcome!”.

Is it possible to successfully place a bet and win it using the Law of Attraction? I’ve proved it possible.

“How do I feel about this game?”

By half-time it was 1-1. So, I knew straight away that my team was going to lose or draw.

Because I watch my team play, I am emotionally attached to the game. This helps me greatly in my decision making. You may know it with a different name (gut instincts for example), but simply put the emotions that you feel, are always a perfect match to what you are currently attracting.

By asking yourself the question “how will I feel about this?”, you will always get a perfectly aligned response from your emotional guidance system

Traveling Around – Michigan – Casino Trip To The Upper Peninsula

There is a bank of 7 nickel video poker machines with lower payoffs that hover around 97 or 98 percent and we both spent some time there. Most of the attractions that I wanted to see were closed for the winter months (they open up later this month).

I headed for that machine Wednesday morning but got there too late. I played for several hours on Tuesday. I’d image that by 5 PM, there were some very happy people because beer was flowing at $5 a pitcher. Someone had begun playing. My best (and most fun) hand came when it dealt me three 6’s, a five, and an ace for a dealt Quick Quads. I checked it over a period of about 12 hours and one or the other of them was there all the time.

The Casino

Although it wasn’t quite this crowded when we were there, lots of people were around. The machine that caught my eye, however, and I sat there immediately was a Quick Quad machine. As normal we didn’t do very well, but I was lucky at one session and wound up in 7th place which was good for $25 free play which I put to good use at video poker.. I had more points accumulated than the wife so I got more entries. It was a polka band – Richie Yurkovich and Polkarioty – that attracts an enthusiastic older crowd. Ran into some rain after crossing the bridge but it quit pretty quickly. I think that a “team of two” was playing because either that initial person or another fellow that I recognized was playing every time I went by. (I got the picture from a video I took and the video play controls are at the bottom of the picture – sorry.)

Video poker was about what should be expected since I didn’t get a royal and I wound up putting about $4,000 through the machines and lost $45. The wife, as usual, did better than I and was at or near even. Perhaps next time. They have a bar that has 25 cent full pay jacks or better and the wife spent most of her gambling time there. I usually mix my play between video poker and some blackjack, but this time I was content with the video poker. We listened for a bit but were too timid to get on the dance floor.

I had intended to go to some museums in Sault Ste Marie but video poker kept calling me at the times I wanted to go so didn’t make them. Pleasant and were home by 3.

Additionally, there was a once a month activity in the Conference Center that I like to at least stick my head into. Hm-m-m, maybe I’ll get back again this summer.

They had a Player’s Club sponsored slot tournament on Wednesday that we played in. Had lunch at Soaring Eagle while going through Mt. They appeared from 1 to 5. We probably won’t get back up there this year and hope they don’t change Sacys menu too much before we do.

Coming Home and some comments

After a leisurely breakfast we packed up our stuff and got on the road about 10

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Horse Racing Systems: 5 That Work

This system takes advantage of one of the few glaring inefficiencies in the parimutuel pools, namely that first and second time starters are badly over-bet.

Horse Racing System #4 – Bet low-priced favorites to place. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.

None of these systems will make you rich, or even guarantee that you will make a profit. This offers opportunity to more diligent players.

First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. I’ve identified some of the most useful handicapping factors that have a proven history of doing much better than the track takeout and put them together with some simple rules that should make your trips to the racetrack more fun and profitable. Thanks for reading, and see you in the winner’s circle.

The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.

Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. One of the few anomalies turned up by Michael Nunamaker in his pioneering computer study “Modern Impact Values”, published in 1994, was that horses breaking from the inside post position in route races won more than their fair share of races, and were under-bet by the public. My own studies have shown a similar advantage for the inside post in routes.

In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.

However, just because systems won’t make you rich doesn’t mean there’s no place for them at all in a horseplayer’s arsenal. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.

Horse Racing System #5 – Bet Horses breaking from the inside post in route races. Few bother to even look at the comment line for the race, let alone take the trouble to seek out and watch the replay of the race. In most case the public seems to take a horse’s last running line at face value. Let me let you in on a little secret about these “magic formulas”. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.

How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.

Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.

For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. The horse with the best combination of the two is the play.

Horse Racing System #2 – Bet horses that have an excuse for a poor performance in their last race. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. Just don’t expect to quit your day job.

For instance, many speed figure handicappers reported making horse racing profits in the 60’s and 70’s simply by betting horses with the best last race speed figure.

This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.

In that spirit. This is somewhat counter-intuitive since you’d expect that horses with good pedigrees that end up in the maiden claiming ranks probably can’t run at all. With the BRIS pp’s you can use the Sire Production Factor in concert with the pedigree rating. To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. My study suggests that’s not the case.

Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. Most people who love horse racing would be thrilled just to win a little more and lose a little less on their trips to the track.. None of them work.

Second, the very nature of the parimutuel system itself means that any profits to be made from following a particular set of rules will quickly be arbitraged away as the followers of that system drive down the odds of horses chosen by the system.

In fact, pedigree does not generally offer wager value with one curious exception: well bred horses do surprisingly well in maiden claiming races. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.

Looking for a dead simple horse racing system that will allow you to quit your job and make a living betting the horses in just 10 minutes a day? Good luck with that!

Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.

Nunamaker reported that the inside post in dirt route races won at a 20% greater than expected rate, and lost only 10 cents on the dollar, much better than the track take

Caribbean Casinos – free article courtesy of ArticleCity.com

Caribbean Casinos

 by: Danielle Mitchell

Caribbean Stud Poker

Casinos in Puerto Rico

Some popular casinos on the island include the Hyatt Regency Cerromar, Hilton Ponce and Casino, Westin Rio Mar Resort Casino, Ritz Carlton San Juan, which is the first Ritz Carlton casino, and many, many more. But unlike American and European casinos, the gambling atmosphere in the Caribbean is more relaxed, and most of the island casinos are not open 24 hours a day. During your stay in Puerto Rico, you can enjoy fine dining, exciting nightlife, and spectacular gambling fun all under one roof. Casinos in Puerto Rico are some of the most exciting in the Caribbean region because of their extravagant historical décor, hot gaming, as well as their award-winning restaurants, live entertainment, array of bars and lounges, and much more.

While visiting the Caribbean travelers will find a number of glitzy casinos and hotels and resorts with on-site gambling.

Compared to many other popular casino card games, Caribbean stud poker has a pretty short history. The four largest casinos in The Bahamas are the Atlantis Casino on Paradise Island, the Crystal Palace Casino on New Providence Island, and The Crowne Plaza Golf Resort & Royal Oasis Casino and Our Lucaya, both on Grand Bahama Island.

Caribbean Islands Featuring Casinos

Before heading to the slot machines, there are a few things casino patrons should remember. There are so many choices when it comes to gambling in the Caribbean that you’re sure to find the right island with the perfect casino to fit your style and your ideal vacation. Since it began in Aruba, the popularity of Caribbean stud poker has grown tremendously in the region and is even played in Las Vegas. Finally, the newest casino in the Bahamas is Our Lucaya Resort, which offers several gambling options.

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Gamers are often drawn to The Bahamas which is popular for great casinos and gambling action. The Crowne Plaza Golf Resort & Royal Oasis Casino is a luxurious and exciting casino located within a plush hotel that has great choices of various games, slots, and other gambling opportunities. Second, the hours that some casinos are open may vary depending on the season, so find out ahead of time before making your plans. Croix in the Virgin Islands, and Antigua. The Atlantis’ expansive 30,000-square-foot area, which includes 78 table games and approximately 1,000 slot machines, has helped earned the Atlantis Casino its reputation as an immaculate gambling palace. All players are allowed to see one of the dealer’s cards, which is dealt face up. Located on the premises of the Wyndham Nassau Resort on Cable Beach, the Crystal Palace Casino has about 700 slot machines and 38 tables for games such as blackjack, craps, roulette, and baccarat. . Many of these glamorous gambling establishments are located in the historic city of San Juan, and most require that their patrons dress formally. Along with state-of-the-art slot machines, table games, and other types of gaming fun, Caribbean casinos also offer other nightlife options including dance clubs, discos, and bars.

The gorgeous island of Puerto Rico is home to about a dozen old-world-style casinos. Although gambling is illegal for residents of The Bahamas, tourists can try their luck at any of the region’s spectacular casinos. This poker variation started in Aruba in the 1980s, reportedly by some cruise ship directors who were out to make a buck. By Puerto Rican law, all casinos have to be located on the property of hotels or resorts. The biggest difference between Caribbean stud poker and traditional poker is that instead of playing against other players, you go against the dealer. And finally, no one under the age of 18 is allowed in Caribbean casinos, so schedule other activities for the youngsters before you hit the casinos.

The world-famous Atlantis Casino is the largest casino located in the Caribbean.

The Caribbean region has a lot of hot gaming spots and casinos. Vincent and St. First, each island has its own laws and rules when it comes to gambling, so be sure to find out the details about the island you visit. Caribbean stud poker is a combination of blackjack and poker – the rules of play are similar between the two games. The Atlantis also features several restaurants, outdoor terraces, and gaming lessons for the novice gambler.

Other islands in the Caribbean that feature dazzling casinos and exciting gambling are the Dominican Republic, Aruba, Curacao, St. The combination of sugar-sand beaches and tropical island ambiance with all the glamor and excitement of Las Vegas makes for an ideal vacation destination for many travelers.

Gambling in The Bahamas

This article was posted on February 13, 2006

The Crystal Palace Casino is another sizzling casino found in The Bahamas. So not only can you wage bets during your sunny island vacation, but you will also find many other ways to let your hair down at Caribbean gambling palaces. Maarten, St

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