What Are The Odds Rules

What Are The Odds Rules

May 11 2021

What Are The Odds Rules

Types of Craps Bets

The latest odds for Extreme Rules suggest no championships will change hands and nothing unusual happening, outside of someone potentially losing in an eye in Seth Rollins vs. WWE Extreme Rules 2020 Odds. Both players silently think of a number somewhere within the chosen odds (1 to the number or 'odds' chosen). A third player counts down 3-2-1 and in sync both the daring and dared player shout their number. If they shout the same number, the dared player must de the dare and the daring player collects the 'challenge card'.

Line Bets:
Single Roll Bets:
Multi Roll Bets:
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This is the best bet in the casino and my personal favorite. The don't pass/come bet is used in conjunction with the don't pass line bet or don't come bar bet. Basically when you wager on the don't pass or come line, you can use this free odds bet after a point has been established in order to get paid true odds. I will explain the specifics of this bet below. This odds bet is the same for both the don't pass and don't come wagers.

First of all, when you wager on the don't pass or don't come line, you are betting that the dice will land on a 2, 3, or 12 to win. You will lose if a 7 or 11 is rolled. The important thing to notice is that the number 7 comes up more frequently than any other number. In order to activate the odds bet, you need the shooter to roll one of the point numbers (4, 5, 6, 8, 9, 10). Remember that the odds of rolling any point number is better than the odds combined of rolling a 7 or 11.

Once the point is established, a player may make bets in multiples of your original line bet such as 1x, 2x, or 3x. Note that in big casinos like Atlantic City and Vegas, players have the opportunities to wager 10x, 50x and even 100 times the original bet on the odds bet. The free odds bet pays out true odds. Yes, that actually means the house has no edge (0% edge). Though they still have an edge on your original line bet. The rule to remember is that the more money you wager in odds bet, the lower the house edge gets overall on your total bet.

The don't pass line has a 1.36% house edge. Adding on a don't pass odds bet will decrease that percentage even further. Note that you win both your don't pass odds bet and don't pass bet (or don't come odds bet and don't come bet) when the dealer rolls a 7 before the point number, which is more likely than the point number and benefits you even more. The numbers 6 and 8 pay out 6:5 odds, 5 and 9 pays out 3:2 odds, 4 and 10 pays out 2:1 odds or $2 for every $1 wagered.

I added a picture to make things a little clearer and I will explain it below. First I made a don't pass line bet and the shooter rolled a 10, which became the point number (indicated by the 'ON' disc located on 10). The dealer then moved my chips to the 'don't pass' area of the 10 section in the craps layout. I was then able to use the don't pass free odds in multiples of 1x, so I made an addition odds bet equal to my original bet, so there are two stacks of chips both worth $88 each. If the dealer rolls a 7 before a 10, I will win both bets. Recall that I will be paid 1:1 on the original don't pass line bet, plus 2:1 on my odds bet.

The don't pass line bet used with maximum don't pass odds bet is the absolute best bet you can make in craps or anywhere else in the casino! This has slightly better odds than even the regular pass line bet used with pass odds, so it gives you the best mathematical odds possible. In fact, the casino doesn't actually display the odds bet on the craps table layout and that's why it is sometimes known as the 'secret craps bet'.


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HistoryHow To PlayRulesOddsStrategy

“Bingo!” It’s an eager declaration understood by both children and grandparents alike. Bingo is a classic game of probability enjoyed by players across multiple continents.


It’s estimated that over 100 million players take a seat to play a round of bingo each year. Whether you’re in the mood to pay a visit to your local bingo hall, or you want to enter a competitive online match, we promise you’ll pick it up in no time.

Bingo History

For the last few hundred years, the game of bingo has worked its way into the culture of multiple European countries and eventually found its way into the United States. Despite the time and distance, the game has traveled, players are still enjoying the game almost the same way it’s been played since day one.

Italy

History credits the creation of bingo to Italy in the 1500s. During the 14th century, Italians had quickly developed a passion for betting on games of chance. They invented a lottery game which they referred to as ‘Lo Giuoco Del Lotto D’Italia.’ Lo Giuoco Del Lotto D’Italia was considered the first version of modern-day bingo.

France

The French were the next culture to embrace bingo. The upper class favored the game, which they referred to as ‘Le Lotto,’ in the 1770s. The structure they followed wasn’t very different from the one players know and love today. Using bingo sheets featuring a 9×3 grid, players would follow the lead of a bingo caller, who would randomly select a wooden chip numbered 1-90. If a player had the chosen number on their board, they would mark it. The first player to cover an entire line of 9 was the winner.

Germany

As bingo grew in popularity in the 1800s it found its way to Germany. Rather than serving as a source of entertainment, the game was used as an educational tool. By playing the game, children were able to learn spelling, math, and history.

United States

In the roaring 1920s, bingo gained a following in the United States. While the evolution of the game, and its name, are highly speculated, we do know that it was originally played under the name ‘beano.’ This name stemmed from the player’s use of beans as card markers. Legend has it that during a game one very enthusiastic player declared her victory by yelling ‘bingo,’ rather than ‘beano.’ The name stuck, and it’s still what we call the game almost a hundred years later. A toy salesman named Edward Lowe further revolutionized the game by working to develop a system to increase number combinations on bingo cards. His charitable work with one Pennsylvanian church (who used the game for fundraising), helped contribute to the rise in the game’s popularity. More recently, an organization in the United States launched the country’s first entirely charitable online bingo website (www.ticketyboogames.org).


How to Play Bingo

Fortunately for bingo fanatics, the game can be enjoyed either in-person or from the comfort of your own home in an online format. Both offer slightly different experiences but deliver the same excitement none-the-less. (Wondering what the future of bingo will look like? The development of mobile bingo apps is on the rise!)

Land-Based Bingo:

The first necessary measure for a bingo game is to purchase admission. Depending on the venue, the player may have the option to do this beforehand, or on-site. After players have found their seats, and it’s almost time to begin, the Bingo Caller will first announce that occasion’s prizes. When the Caller has completed the introduction, they’ll say ‘eyes down,’ indicating that it’s time for the game to begin. The Caller will pick and announce numbers using their selected method (traditional balls from a bingo tumbler, or from the use of a Random Number Generator (RNG)). When one of the numbers announced appears on a player’s card, the player will mark that square off.

The game continues until a player yells ‘bingo!’, which signals that they’ve marked off all the numbers that form a winning pattern on their card. Their card is checked by a staff member, and the game will either end, or continue, depending on the rules of the venue, and the number of prizes up for grabs.

Online Bingo:

For those who seek the thrill of betting but are reluctant to leave the comfort of their home, online bingo is the next best option. With the demand for at-home entertainment increasing, online bingo has become one of the most rapidly growing variations of online gambling. In 2004 the UK had 20 online bingo sites, and today you can find over 500 of them across the web.

The process of online bingo is similar to that of land-based: You enter in a (virtual) game, choose the number of cards you’d like, listen to the numbers being called, and declare when you’ve got a winning card. However online, the talking must be done via chat, the cards are marked on your computer screen, and a win is announced with the click of a mouse. Just like land-based bingo, card styles and winning patterns can differ from game to game. Online bingo is already prominent in the United States and Europe and is expected to grow in Spain, Asia, and Latin America.

Bingo Rules

The Math Behind Betting Odds & Gambling

What are the odds question

While different bingo venues and halls have different rules, the same general guidelines are applied everywhere; however, we’ve listed the general guidelines for both land-based and online-based casinos below:

Land-Based Bingo:

Technicalities often differ between bingo halls, but there are common rules that you’ll need to follow, regardless of your venue:

  • Get in (the game), or get out (of the hall): audience members who aren’t in play, are not permitted in the bingo hall
  • Players are expected to remain quiet so that all other players can clearly hear the caller so that he/she doesn’t need to repeat numbers
  • The only time the caller should be addressed during the game is if a player is requesting for the numbers to be called out slower or at a louder volume

Online Bingo:

How To Play What Are The Odds

In the case of online bingo games, there isn’t a need for restrictions on body language or noise level. The rules players are required to follow will vary from platform to platform. Before a game, especially your first experience, players are encouraged to read the rules and regulations that the website presents. Doing so will ensure a smooth game.

What Are The Odds List

Bingo Odds

What Are The Odds Game Rules

Just like any other type of betting game, bingo has odds. In bingo, the caller will traditionally choose from balls numbered 1 through 75. When the first call is made, the odds of a specific number on your card is 1 in 75. As the game progresses, with each ball selected, those odds increase. The more numbers that are chosen, the longer a game continues, and the higher the chance that each particular number has of being called. Go figure; if you stay in the game long enough, eventually you’re guaranteed to end up with a winning combination.

The Tippett Theory:

How To Calculate Odds Payout

A theory regarding bingo odds, developed by L. H. C. Tippett, claims that the more numbers that are called in a game, the higher the odds are that those numbers will be closer to the set’s median (number 38). To take advantage of that, players expecting a longer game should (if possible) seek out cards with a surplus of numbers close to the median, and players expecting a shorter game should keep their eye out for a card with very high and very low numbers. The length of a game can be estimated by how easy it is to achieve a winning combination.

Bingo Strategy

One of the reasons why bingo is such a crowd-pleaser is because it doesn’t require much practice or strategy. Because it’s a game based almost entirely on luck, both novices and experts alike have equal chances of winning. Players can, however, take advantage of tips and techniques to try to swing the odds in their favor.

Bingo Tactics

The most common bingo tactic used, is playing with multiple cards at the same time. The more cards mean the more possible winning combinations, so it’s a no-brainer. It’s even more ideal if your assortment of cards incorporates a wide variety of numbers. The danger in a greater number of cards is not having time to check all the cards when a number’s called. Players should aim to have the maximum number of cards that they’re able to keep track of. Keeping ‘your eyes on the prize’ and maintaining focus during the game, will ensure that you mark your card properly. (Bonus: online bingo often offers an ‘Auto-Daub’ mode, which will mark off the called numbers on your card for you!)

Summary

The game of bingo is a classic source of entertainment that has stood the test of time. It’s traveled the globe for hundreds of years and is played almost the same way from country to country. Whether a traditional in-person game or the fast-growing craze of online bingo, it’s one of the easiest-to-learn gambling options. What do players need, you ask? Just a venue, a bingo card, and a little luck.

What Are The Odds Rules

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