Tuesday, March 29, 2011

Sports Betting

sports betting, sports gambling, sports betting, football betting, play money, football live, live score football, football online, football score, online bet, football betting, online bet, live score football, football live, football online, sports betting, football score, sports gambling, play money, football betting, live score football, football score, play money, sports betting, On the other hand, if the bettor is wagering on parlays the house edge would be significantly higher than 9%; for big parlays, it could go as high as 40%., gambling online, Obviously, a straight game pays much more than a box game for the same amount wagered.For instance, one should consider the fact that casino games are mostly games of chance, while sports betting also involves a learned decision in selecting a pick, consequently leading to a higher probability of winning a bet.It should be apparent by now that the gambler is better off with casino games than sports betting. A straight play is a prediction that the number will come exactly as selected while a box is a prediction for the number to come in any order. For instance, if a player selects the number 672 and plays it straight, he/she will win if the number drawn is exactly 672. In this game, the player selects a three-digit number from 000 to 999, and plays the number as a straight or as a box. Cash - depending on the state you are in, this lottery game may be known by a different name such as Pick 3, Play 3, Daily 3, etc. Instead, if the player plays 672 as a box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in any order (276, for example).It should also be noted that while the house edge could be a major factor to consider while selecting a gambling game, it is by no means the only one. Now consider 1000 friends (maybe in a club) selecting a number as a straight, each for $1, so that all the 1000 possible numbers are covered. When the winning number is drawn, the person who has selected that lucky number will be deemed a winner and will cash in all the $1000 collected, so making him win $999. This is a really fair game. Unfortunately, many states do not allow casino games, and furthermore, sports betting is illegal in the United States. The winner therefore wins $499. The house edge for a Cash 3 game will therefore be (999 - 499) / 999 * 100 = 500 / 999 * 100 = 50%In the case of state lotteries, however, the winner will be paid only $500 in most states. Where this other half goes is not the gambler's concern, since his/her main objective is to win some money in order to pay the ever present bills, or to get out of a miserable life, or to change his/her 20-year-old car. So, whenever you are playing the state lottery, remember that you are wagering only half of your money on the actual lottery; the other half, you are just giving it away. This house edge applies not only to the Cash 3 game but also to all state lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc. As regards contributing to education and other noble causes, there are other means of collecting money called taxes and charities.Some states may pay a little bit less, others may pay a little bit more, but $500 is more or less the standard. The player is therefore left with no choice but to cross state borders in search of a casino, or more recently, to engage in online sports betting through the several offshore internet sportsbooks. Keep in mind that it is the players, and not the machines, who remember the previous numbers. On the other end, any state lottery is a pretty miserable game to play. Nowadays, there is a plethora of trustworthy online casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and so on.Some people try to analyze previously drawn numbers in order to see the trend and predict the next numbers. Casino games, like lotteries are mostly games of chance; the player just selects a number or numbers and waits to see what luck brings him/her. There is absolutely no basis to prefer one number to others. Nevertheless, besides the house edge, there is also the possibility of winning to consider. Sports Betting Published by www.binsport.blogspot.com

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