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As odds bets are paid at true odds, in contrast with the pass line which is always even money, playing pass odds on a minimum pass line bet lessens the house advantage.
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odds and bets
Winning come bets are paid the same as winning pass line bets-even money for the original bet and true odds for the odds bet.
In this situation, odds bets on the come wagers are presumed to be not working for the come-out roll.
That means that if the shooter rolls a 7 on the come-out roll, any players with active come bets waiting for a come-bet point lose their initial wager but will have their odds bets returned to them.
Winning don't come bets are paid the same as winning don't pass bets-even money for the original bet and true odds for the odds lay.
Place bets are paid at odds slightly worse than the true odds.
Buy bets are paid at true odds, but a 5 % commission is charged on the amount of the bet.
Just like the buy bet lay bets pay true odds, but because the lay bet is the opposite of the buy bet, the payout is reversed.
Controversially, the Australian wicket-keeper Rod Marsh and opening bowler Dennis Lillee both placed bets on England to win, later claiming that 500 – 1 were silly ( if not incredible ) odds on any two-horse race.
Implied odds are calculated in situations where the player expects to fold in the following round if the draw is missed, thereby losing no additional bets, but expects to gain additional bets when the draw is made.
Aggressive actions ( bets and raises ) are subject to reverse implied odds, because they win the minimum if they win immediately ( the current pot ), but may lose the maximum if called ( the current pot plus the called bet or raise ).
Parimutuel betting ( from the or mutual betting ) is a betting system in which all bets of a particular type are placed together in a pool ; taxes and the " house-take " or " vig " is removed, and payoff odds are calculated by sharing the pool among all winning bets.
An imbalanced book may arise since there is no way for a bookmaker either to know the true probabilities for the outcome of competitions left to human effort or to predict the bets that will be attracted from others by fixed odds compiled on the basis of his own personal view and knowledge.
A bookmaker, or bookie, is an organization or a person that takes bets on sporting and other events at agreed upon odds.
By adjusting the odds in his favour or by having a point spread, the bookmaker will aim to guarantee a profit by achieving a ' balanced book ', either by getting an equal number of bets for each outcome, or ( when he is offering odds ) by getting the amounts wagered on each outcome to reflect the odds.
odds and are
Scientists figure humans may be born with a fear of spiders and snakes, which are healthy phobias that up the odds of survival in the wild.
The player's disadvantage is a result of the casino not paying winning wagers according to the game's " true odds ", which are the payouts that would be expected considering the odds of a wager either winning or losing.
There are two very slightly different ways to calculate the odds and house edge of this bet.
The true odds are 17: 1 and 35: 1, resulting in a house edge of 11. 11 % and 13. 89 % respectively.
Some casinos charge the commission as a one-time fee to buy the number ; payouts are then always at true odds.
The wagers, and their associated odds, that are typically available are set out in the table below.
In this case the odds of success are influenced by the character's class, levels and ( with the 3rd and later editions ) ability scores.
Not all Medieval writers are so at odds with the Virgilian standard, and with the rediscovery of classical literature later Medieval and Renaissance writers are far more orthodox, but by then the form had become an academic exercise.
As per the above, the difficulty value where the odds of success are perfectly even is identical to the step number.
) of 1959, which deals with the Battle of Stalingrad, the focus is on celebrating the heroism of the German soldier in that battle, who are shown as valiantly holding out against overwhelming odds with no mention at all of what those soldiers were fighting for, namely National Socialist ideology or the Holocaust.
This work shows Father Christmas to be a deeply complex character, in whom the qualities of charity and goodwill are at odds with those of violence and greed.
odds and paid
Some casinos will place the bet straddling the outer border of the pass line so as to indicate that it is to be paid the same odds as a place bet, instead of just even money.
This rule simplifies the calculation of winnings: a maximum pass odds bet on a 3-4-5X table will always be paid at six times the pass line bet regardless of the point.
Favoured by bookmakers in the United Kingdom and Ireland, and also common in horse racing, fractional odds quote the net total that will be paid out to the bettor, should he win, relative to his stake.
Favoured in continental Europe, Australia, New Zealand and Canada, decimal odds differ from fractional odds in that the bettor must first part with their stake in order to make a bet, the figure quoted is the winning amount that would be paid out to the bettor.
This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on.
The full odds are paid if the horse wins, ( plus the place portion ), with a quarter or a fifth of the odds ( depending on the race-type and the number of runners ) if only the place section of the bet is successful.
In some games of chance, using odds against is also the most convenient way to understand what winnings will be paid if the selection is successful: the winner will be paid ' six ' of whatever stake unit was bet for each ' one ' of the stake unit wagered.
The bet is paid off at the true mathematical odds, but the 5 % commission is paid as well, restoring the house advantage.
In this case, the vig may be deducted from the winnings ( for instance, a $ 20 bet on the 4 would be paid $ 39 – $ 40 at 2: 1 odds, less the $ 1 commission ), or the player may simply hand the commission in and receive the full payout.
When his Adderbury-trained horse Jeddah won the Derby at odds of 100 – 1 and also won at Ascot, the Major paid for the building of the Village Institute.
odds and at
But beginning, for all practical purposes, with Frederick Seebohm's English Village Community scholars have had to reckon with a theory involving institutional and agrarian continuity between Roman and Anglo-Saxon times which is completely at odds with the reigning concept of the Anglo-Saxon invasions.
Now that this is at odds with our meaning may be shown as follows.
Yet the fact remains that such institutions do set men at odds with their fellows.
But he weighted the Eighth Symphony, at times, with a shuddering subjectivity which seemed considerably at odds with the music.
Like the historical Absalom, Absalom Kumalo was at odds with his father, the two fighting a moral and ethical battle of sorts over the course of some of the novel's most important events.
Dalassena was the effective administrator of the Empire during Alexios ' long absences in military campaigns: she was constantly at odds with her daughter-in-law and had assumed total responsibility for the upbringing and education of her granddaughter Anna Komnene.
Johnson's vintage independent streak put him very much at odds with professional military commanders, including Gen. Don Carlos Buell who left Nashville defenseless when he had to reinforce Grant at the Battle of Shiloh.
At the time, Alfonso was at odds with Callixtus III, who died shortly thereafter.
In the times of Mahavira and in the following centuries, Jains were at odds with both Buddhists and followers of the Vedic religion or Hindus, whom they accused of negligence and inconsistency in the implementation of ahimsa.
Any given bookmaker will weight their odds so that no one customer can cover all outcomes at a profit against their books.
Beowulf is considered an epic poem in that the main character is a hero who travels great distances to prove his strength at impossible odds against supernatural demons and beasts.
Bede's scriptural commentaries employed the allegorical method of interpretation and his history includes accounts of miracles, which to modern historians has seemed at odds with his critical approach to the materials in his history.
They also believed that Labour had become too left-wing, and had been infiltrated at constituency level by Trotskyist factions whose views and behaviour they considered to be at odds with the Parliamentary Labour Party and Labour voters.
As the 1920s wore on, however, Pasternak increasingly felt that his colourful style was at odds with an increasingly less educated readership.
Billy Graham ( evangelist ) | Billy Graham, who attended BJU for one semester, was later at odds with the University
Most games played have mathematically-determined odds that ensure the house has at all times an advantage over the players.
if a Catholic were to be at odds with the Holy Father on the application of capital punishment or on the decision to wage war, he would not for that reason be considered unworthy to present himself to receive Holy Communion.
If a 4, 5, 6, 8, 9, or 10 is thrown on the come-out roll ( i. e., if a point is set ), most casinos allow pass line bettors to take odds by placing from one to five times ( and at some casinos, up to 100 times ) the pass line bet behind the pass line.
This additional bet wins if the point is rolled again before a 7 is rolled ( the point is made ) and pays at the true odds of 2-to-1 if 4 or 10 is the point, 3-to-2 if 5 or 9 is the point, and 6-to-5 if 6 or 8 is the point.
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