Quality Online Casino Gambling Site Comparison 16354611119213

Bookmakers and casinos give themselves an advantage and 99% of folks 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 if you're correct right? Wrong. almost all people forget that there are actually 37 numbers including zero (or even 38 with a double zero on American roulette). This make a significant difference in regards to payouts. So just using European roulette, let's crunch the numbers.

If you choose one number, the specific 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 house an edge of around 2.7 percent. Not really a lot you may think but over the course of Ł100,000 that's Ł2700 in favour of the casino. A small margin but a margin nonetheless.

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

But this is nothing when compared with bookmakers.

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

Therefore the bookmaker is giving themselves a huge 10% margin on these kind of bets, the most usual of which are called "handicap bets". The handicap bets are setup in such a manner that you'll find only two possible outcomes, rated as equally likely. But no matter what your decision is, the bookie stands to keep 10% of the specific odds. Not fair, you might think. Well, they are not going to give you anything for free. They can be in the business of making money after all.

Just how can you counter these edges?

It really is possible with bookmakers to make use of a system of "handicap doubles". I will explain this at another time. Otherwise, excellent online gambling agent only good fortune will counter a bookie's edge and that is not something to rely on.