Posts Tagged ‘Betting’

How To Work Out Betting Odds

March 5th, 2010

Pricing is a way of expressing the odds on a bet… that is, how much you will win if you bet (thus giving you an indication as to how likely it is that you could win).

Although there are other types of pricing, we are going to look at the most popular pricing systems: first the US pricing system and then the European version.

To understand the difference, we need to clarify some terminology that follows. Imagine that you’re betting on the outcome of game. You put down an even money bet of $100 (which is matched by a $100 bet by the bookie). Your team wins.

You get back $200 but you’ve only won $100. Notice the difference?

- You get back $200 (your stake plus the bookie’s bet).

- You won $100 (the bookie’s bet).

Recognizing this difference will help you understand the difference between two of the major pricing systems.

US Pricing System: In the US pricing system, they show you how much money you could win (that is, not including your bet) and it is expressed as a percentage… as if you bet $100 on every single bet.

European Pricing System: The European pricing system is also called the digital method of pricing and it is an increasingly popular method of stating a price. This is because it is potentially easier to use and it is becoming more widely accepted around the world.

Unlike the American system, which represents how much you’d win, the European system tells you how much you’d get back. That’s a big difference in knowing how to read the systems.

And, rather than being expressed as a percentage, it is expressed in a “digital format”… that is, as a number greater than 1.0.

This has been an excerpt from Robert Thatcher’s flagstaff manual, the Statistical Betting Guide.

Sun Tzu said: “If you know the enemy and know yourself, your victory will not stand in doubt”. Making money with sports betting has nothing to do with gambling. Do you want to learn the secret methods successful bettors apply each and every day?

Robert Thatcher explains in easy words how to make money with sports betting. Download your copy at http://www.statisticalbettingguide.com.

Poker Betting Patterns – Your Key To Winning Online Poker

February 26th, 2010

Playing winning online poker means learning to analyze betting patterns. Remember that people’s habits create “tells” that you need to pay attention to. Online Poker is now coming into its adolescence, and the automated part of it can be your key to detecting sudden changes in another player’s behavior.

Many online players are now regulars, which means they get into rhythms. Some of these rhythms may have weak points that may be exploited, but it’s the breaks in rhythm you need to spot. Learn to notice that another player is getting reckless and is playing beyond his/her ability. Even more important, watch for signs that a bad player is about to play very badly.

Players who rant, have their chat revoked, gloat after a winning pot, challenge a “heads-up” after losing twice in a row (or lose badly several times in an hour or so) are folks who are showing their limitations. It’s up to you to figure out how to help them give you more of their money. A good target can be the player who lectures about how to play, but is very wrong, short term. They seldom last long and are often first time players.

It’s the automated functions of online poker that give you advantages you cannot have in a casino. Auto-check, auto-bet, auto-raise, multi-table play, etc., all mean you can detect changes in the pattern of play that are unique to online Poker. Knowing the meaning of a specific change can help you make the long-term money a player with self control deserves.

Generally speaking, any time a person who has been on “auto-pilot” and suddenly appears to have switched to manual is giving you a tell. Only your experience and brains will allow you to tell if it means something, without confusing it with “it means the same thing whenever it happens.”

If you’re in the USA, you can’t gamble online. However, in many US states, you can play games of skill and WIN PRIZES LEGALLY! Go NOW to Poker Strategy, Tells and Tips for inside information about online poker, games of skill and automation!

Blackjack – Betting In Blackjack Tournaments

February 22nd, 2010

Consistency. That Is the key to a betting strategy that is guaranteed to either help you win, or keep your money safe. In a tournament, there are so many people all playing for the same thing; all players watching the cards and the chips for the winning hand.

In traditional blackjack, the game starts off with two cards being dealt to each player, and also to the dealer. One of the cards dealt to the dealer is face up, while the other remains down. The idea of the game is that each player is playing individually against the dealer, so there may be no winners, or several winners at the table.

A tournament differs from this. The rounds are played in much the same way, where you try to bring your hand to 21 in any way possible, although it is easier to have a face card and an Ace in order to secure your win. In a tournament however, the players only play against each other, and the way to win the game is to have more chips in your pile after the last hand has been played.

So many players enter the tournaments with ambitious plans to win, and these are usually players who can back it up with years of experience or strategies of their own. It is also possible to lose on your first hand, so keeping chips back is a wise move to make when making your bets. The easiest way of knowing how many chips to bet is to count the chips on the table. This helps in knowing the medium bet to play that will be to your advantage. The only time you need the highest number of chips is in the last hand, and so obtaining the lead is easier than keeping it.

This is where being consistent with your bets comes in. Constantly altering the amount of chips you bet will draw attention to yourself, and also to how you play your blackjack game. This sort of attention will either be done to distract your playing, or simply to gain advantages over your hand. Counting the cards to determine how the odds will go is guaranteed to give you a better start in playing your hand. Betting according to how likely you are to win is a simple trick that many seasoned players use. For example, a low bet is necessary if the odds are against you, and a higher bet is advisable if it is more likely that you will win. However, it’s important to remember not to be too predictable either, as the players who are watching you will notice the larger movements you make in your strategies.

It could be beneficial to newer players to sit at a tournament table without entering just to watch the strategies employed by the experienced members of the casino. Developing your own way to play by learning the rules of each tournament, and learn from any mistakes you make.

The article is posted and written by Elizabeth Tudor, a mature and experienced poker gambler.
Related Tags: blackjack, blackjack dealer, blackjack strategies.

You Need A Blackjack Betting System

February 18th, 2010

One of my favorite casino games is blackjack, but I struggled to win consistently until I discovered a great system. Now I can beat the banker on every visit and not get myself banned.

Casinos welcome losers and luckily for them 98% of their visitors fall into this category. That leaves just 2% of their customers who actually cost them money. Now you would think that they could live with those odds, but they spend a lot of time and money shrinking this figure by another 1.5% by spotting the winners and banning them.

That leaves 0.5% who “get away with it”. Are these people cheating? No! Their only crime is that they can consistently beat the banker and that is certainly not illegal.

So how is it possible to be one of those rare people that turn the tables in their favor night after night without getting unceremoniously ejected. Well one answer is by using the blackjack betting system. Using this easy to learn, multi-part strategy you can shift the balance of odds in your favor and reap rich rewards night after night. So let’s break this down a little for you.

First and foremost you need to learn the rules of the game. Blackjack is a game of pure mathematics, which means that for every card dealt there is only one right decision. It is also pretty unique in as much as each hand played has an affect on future hands. To complement this knowledge you need to learn to count cards. Don’t panic, you are not expected to remember every card dealt, just certain values. This strategy alone will shift the odds in your favor, but not enough to guarantee consistent results.

The next tactic is progressive betting. This strategy will keep you at the table longer and have a significant impact on your winnings when applied correctly. Combining this with good money management should provide an overall odds advantage of 2% in you favor, which may sound small, but is actually a very significant figure.

There are additional parts to the blackjack betting system which will allow you to maintain that overall advantage and maximize your winnings without you fully exposing your skill level and subsequently joining the banned list.

Rich Rainer enjoys a successful lifestyle as a gambler, frequenting casinos around the world. For more information take a look at his Blackjack Betting System

Blackjack Betting Strategy – Maximize Your Profits Now!

February 2nd, 2010

Using the proper blackjack betting strategy will instantly put you down the road to maximizing your profits! Along with the proper blackjack strategy you need to have the traits of a winning player. Below are the traits YOU MUST have to dominate the house:

Trait 1 – Gain Knowledge

Winning blackjack players know how to play the game and know all the blackjack rules inside and out. You will know how to place bets, play soft and hard hands, split pairs, and when to double down against the dealer. Once you master all the blackjack rules and blackjack strategies, you can move onto learning more advanced strategies such as a card counting system. All these strategies will give you the edge against the house and turn you into a dominate blackjack player in no time at all.

Trait 2- Believe In Yourself

Blackjack involves strategies, knowledge of the game, and self-awareness. Above all, believe in yourself. Using the right blackjack gambling tips and blackjack betting strategies, you should sky rocket your way into success. Please believe in yourself and your decision making. One of the worst things you can do is just give up and quit. Blackjack is a highly profitable game and there is no excuse for quitting.

Trait 3 – Commitment

To become a successful blackjack player you need to show commitment to learning blackjack and all the rules and strategies that come with it. Before you jump into real money situations you should download blackjack tutorials or play blackjack games online for FREE. Once you spend hours and hours dominating the house, at that point in time you can jump into real money situations.

Trait 4 – Persistence

Be persistent. Do not let casinos or other players scare you away just because you are winning. Successful players that count cards will get looked upon as cheating by casino management. Don’t let friends or relatives prevent you from becoming a successful pro blackjack player. Earning a stable income playing blackjack online is definitely an amazing feeling, I wouldn’t be where I am today if I listened to my parents or friends who said it was NOT possible.

Trait 5- Familiarity of the Game

The only way of gaining familiarity of the game of blackjack is to practice. Experienced players make fewer mistakes and quickly learn how to make the correct decisions that give them the best chance of beating the house each and every time. I highly recommend playing at any free casino that let’s you play for free to gain experience. The more experience you gain playing constantly, the better you become. The best thing you can do is play each blackjack hand like there is $1000 or more riding on it. Don’t get yourself into the habit of it’s fake money so I don’t care I am going to hit on 19! Play every hand you SEE your BEST. I wish you the best of luck!

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