Online Sports Betting

Betting on the results of sporting events has always been a popular hobby. Now with the Internetand online betting facilities, placing a bet has become easier than ever before.

A wager can be placed in the usual manner like with a bookmaker or through the bet exchange, a new innovation on the Internet. Through this, individuals can place bets against each other with the “house” taking a small commission.

Usually, betting online means that you will be betting against a point spread. The purpose of the point spread is to even out the betting so that the amount bet on the underdog is equal to the amount bet on the favorite. This guarantees a 10% profit for the house on half the bets made, no matter which team wins. When a betting line mirrors the public view of the two competing teams, it usually does well.

To bet online successfully you should be able to spot trends. While this may not guarantee a win, it is a valuable indication of a game’s outcome. Remember not to bet on a team just because you like the team. Choose teams for the right reasons, not just because you are optimistic about your favorite team.

Ideally, you should not bet on your home team, as it is difficult to be objective. When you bet, do it with conviction and limit the number of games you play, as you need to concentrate. Don?t ever overstretch yourself. By limiting your weekly plays to somewhere between 5 and 7 games you will be able pick more accurately as well as keep track of your records.

Before betting you must evaluate teams regularly. Just because you were lucky enough to win last week does not mean you?ll win again next week. Gather as much statistical information as possible; it is usually available in newspapers. Always rely on your research and don?t follow emotion or hunches. Your emotions are not as reliable as what’s written in black and white!

Mini-Baccarat Side Bets Are Tempting, But It’s a Bad Bet For Players

Mini-Baccarat was developed as a floor table game in casinos to accommodate the average player. Along with that however, optional side bets were also introduced to increase the house edge. Before I detail them, I’ll explain how the game is played is played.

Objective

The objective of this table game is the same as original Baccarat where player must come as close to the number nine as possible. Aces count as one, two’s through nines are face value, and Tens through Kings count as zero. Regardless of the number of players, the dealer only deals two hands from a 6 or 8 deck shoe. Prior to the deal, players must place one bet on either the Bank hand, player hand, or tie.

When a hand is totaled, it cannot exceed nine. If the two cards total more than nine, the first digit (number one) is dropped. The second digit becomes the total. A few examples are:

7, 8 = 15 (drop 1) total = 5

4, 3 = 7 (two cards, face value)

10, 6 = 6 (10 is zero, 6 is face value)

K, 9 = 9 (King is zero, 9 is called a natural)

Baccarat requires no skill on the part of the player. All s/he needs to do is decide where to place one bet before the deal. The dealer examines both hands and then decides if a third and final card should be drawn for either hand. The determination is made according to a fixed set of game rules.

A bet on the player’s hand returns even money if won. A bet on the Banker’s hand returns even money minus a 5% commission to the house if won. A tie bet returns 8 to 1 if won, otherwise it is a push when not bet. The reason for the 5% commission on the Bank’s win is that the drawing advantage is with the Bank, according the following game rules:

Player

The player position always draws on a 0, 1, and 2,3,4,5 unless the Banker has a natural 8 or 9. The player always stands on 6, 7, 8, and 9. When a player has a natural 8 or 9, the game is over.

Banker

The Banker position always draws on a 0, 1, 2 unless the player has a natural 8 or 9.

The Banker always stands on 7, 8, and 9. When a Banker has a natural 8 or 9, the game is over.

Baccarat Side Bets

There are a number of optional side bets available at Mini Baccarat tables everywhere and like any side wager, all of them exist to increase the house edge. Nevertheless, Players are attracted to them because of the hefty winning payouts. Here are some of the popular ones:

Dragon Bonus

The bettor may wager on the Player or Banker side that the hand will win by a natural or by 4 or more points. The bet must be made before the hand is dealt. The greater the number that the hand wins by, the greater the payout:

Win By: Payout

9 – 30/1

8 – 10/1

7 – 6/1

6 – 4/1

5 – 2/1

4 – 1/1

Natural – 1/1

The house edge for this bet is 2.7%.

The payouts are the same for a bet on the Bank side however the house edge jumps to 9.7% if chosen.

4-5-6

This is a side wager that the total number of combined cards to complete the Player and Banker hand will be 4, 5, or 6.

# Cards Payout House Edge

4 – 1.5/1 – 5.3%

5 – 2/1 – 8.9%

6 – 2/1 – 4.7%

3 Card Six

This is a bet for a winning 3 card six. If player and banker have a 3 card six, the wager pays 100/1. If there is only one three card six, the bettor wins 8/1. The house edge is a whopping 13.4%!

Royal Match

Wagering that the player or banker hand will have a king and queen on the first two cards drawn, called the Royal Match. Not to be confused with the option of the same name found in the game of Blackjack. The bet pays 75/1 for a suited king & queen, and 30/1 for an unsuited royal match. The house edge has been calculated at about 2.1%.

Dragon 7

Dragon 7 is an optional side bet found in EZ Baccarat, which is played the same as regular Mini-Baccarat except the game has a commission free bank hand with one exception: A winning bank hand with a three-card total of seven will push instead of paying even money. A player may wager on that outcome for which the winning payout is 40/1. The house edge is about 7.6%.

Panda 8

The Panda 8 side bet is sometimes found in EZ Baccarat games. The wager pays 25/1 if a player hand has a three card total of eight. As for the house edge, it’s 10.2%.

Tie Bet

The Tie Bet is not considered a side wager, as it is included on all Baccarat table games. However, due to the atrocious house edge of 14%, it should be avoided at all times.

Remember that Baccarat, next to Blackjack, has a very low house edge of 1.2% when the Play bet is chosen, and a lower edge of 1.06% when betting the Bank when you avoid the side bets.

Good Luck!

Pai Gow – A Thousand Year Old Asian Game Has an Americanized Version – Pai Gow Poker

How to Play the American Poker Version

Pai Gow Poker is played with a standard 52 card deck plus one joker. Players must first place a bet on the table. The order of play is determined by the dealer’s roll of the dice or a random number generator selection. Seven cards are then dealt counter-clockwise, face down, to each player and the dealer.

The object of the game is for the player to create two poker hands from his or her seven cards. The five card hand must rank higher than the two card hand. When setting the hands, the five card hand must be placed in front of the two card hand. In order for the player to win even money, both hands must beat the dealer/banker hands. If one wins and one loses, the decision is a push. If both the banker and player hands are of equal value, the banker wins.

The house takes a 5% commission on all winning hands. Any player may elect to be the bank in turn or s/he may pass. It can be advantageous to bank because the banker wins all ties, but the banker must also hold sufficient funds to cover all bets. Winning hands are determined by standard poker hand rankings with the following exceptions:

  • A joker can be used to complete a flush or a straight, otherwise it’s counted as an ace.
  • An A-2-3-4-5 is the 2nd highest straight or straight flush, under 10-J-Q-K-A. Therefore, a 9-10-J-Q-K ranks 3rd.

The house edge is about 1.46%.

How to Play the Asian Way

Pai Gow, translated as “make nine” has its roots in ancient Chinese gambling and is believed to be thousands of years old. Because it’s played with Chinese domino tiles it is found mainly in casinos that cater to Asian players. This game is not as popular with Americans. Also, it’s more complex and requires more study to learn.

The game is played with a set of 32 dominos known as The Woodpile. After all the players place their bets on the table, the dealer shuffles the woodpile face down and stacks them in 8 rows, 4 high. The dealer then rolls three dice to determine the order of play. The dealer starts as banker and gives each player and his or herself 4 tiles face down.

Each player must make two hands of two tiles each. The hand with the lower value is called The Front. The higher value hand is The Rear. If the totals from the players’ hands beat the dealer/banker’s hand the players’ win even money, minus a 5% commission to the house. If both player hands are of lower value, s/he loses. If one hand wins and the other loses, it is a push. In case of a tie, the tile with the highest singleton wins. When a player and banker equal zero, the banker wins. Players may act as banker in turn or pass. Sufficient player funds are required for a player to bank the game.

With few exceptions, the best a hand can score is 9. For example, a 1-3 tile and a 2-3 tile totals 9. If two tiles total above 9, such as a 3-2 and 6-5 totaling 16 requires that the tens place (1) be dropped and would therefore total 6. 5-5 and 6-4 would equal 0 as 10 + 10 = 20. Drop 2 to equal 0.

There are certain exceptions where a hand can score more than 9. These are called “Gongs” and “Wongs”. The double one and double six tiles are known as the “Day” and “Teen” tiles. A Day or Teen combined with an eight results in a Gong, worth 10, while putting either of them with a nine creates a Wong, worth 11. When paired with any other tile, standard scoring rules apply.

Also, there are tiles that can be used like a “wildcard” called “Gee Joon” with The 1-2 and 2-4. When used as part of a hand, these tiles may be scored as either 3 or 6, which ever results in a higher hand value. For example, a hand of 1-2 and 5-6 scores as seven rather than four.

The house edge is about 1.5%. Good Luck!

Las Vegas Odds & Ends

The Las Vegas Hilton SuperBook again paces the pack by posting the first lines on over/under season win totals for all NBA teams.

The popular SuperBook proposition gives players a chance to wager on how many wins a particular team will have.

Defending champ San Antonio and Miami have the highest expectations with 58 1/2 wins apiece, followed by Indiana at 54 1/2 and Houston and Dallas at 53 1/2.

The second-year Charlotte Bobcats bring up the rear with 21 1/2 victories.

The Lakers, a popular team in the Vegas Valley, are 42 1/2 with the Chicago Bulls and Minnesota Timberwolves while their Los Angeles neighbors, the Clippers, are at 40 1/2.

*****

Bourbon Street has shut its doors and rumors insist the Tropicana also is on the auction block and that this is the last football season for the Imperial Palace.

Harrah’s is supposedly interested in the latter two to add to its growing kingdom of properties.

Look for a Leroy’s Sports Book to go into the Las Vegas Club, which is being kept open by employeees now that the Barrick Group has

gone bust.

*****

The Clark County Commission recently approved plans for Olympia Gaming to enter the Las Vegas Market.

Plans call for Olympia’s $750 million Southern Highland”s Casino-Resort on Las Vegad Blvd. South and St. Rose Parkway.

Having an ultimate build-out in the $2 billion range, it is the South Strip’s most ambitious property to date.

Eventually, it promises to be a mixed-use destination luxury resort that has the amenities and attractions of a major Strip resort.

*****

Caesars Palace Race and Sports Director Chuck Esposito leads the Gaming Today newspaper’s “Battle of the Bookies” NFL Players competition with a 68-33 mark and appears to be running away with the contest.

The closest pursuers are Mike Hendrie of Paris Las Vegas and the Las Vegas Hilton’s Jeff Sherman and the Golden Nugget Laughlin’s Steve Harvey with 59-42.

*****

Caesars Palace, Bally’s, Paris, the Flamingo and Reno Hilton have Vitali Klitschko as a minus $4.30 faviorte over plus $3.30 Hasim Rahman in their Caesars Palace WBC heavyweight boxing match Nov. 12.

The “will go” eight full rounds is minus $1.10 and “won’t go” is minus $1.20.

Klitschko is 8/5 to win on a decision and Rahman is 8/1. Klitschko is minus $1.80 to win by a knockout and Rahman is 5/1.

The draw proposition is 15/1.

Bernard Hopkins is a slight minus $1.20 favorite over Jermain Taylor (minus $1.10) in their WBC/IBF/WBO Las Vegas middleweight title bout Dec. 3.

The fight is scheduled for 12 rounds.

*****

Las Vegas oddsmakers obviously consider the Chicago White Sox one-shot wonders.

The Las Vegas Hilton has them at 15/1 to repeat as World Series champs and the Caesars Palace family lists them at 20/1.

Favorites are the St. Louis Cardinals and New York Yankees. The Hilton’s current odds have the Cardinals at 5/1 and Caesars Palace has them at 3/1. The Yankees are 5/1 at the Hilton and 4/1 at Caesars.

There’s a big gap between the properties when it comes to the Cleveland Indians. They’re 15/1 at the independent Hilton and 5/1 at Caesars establishments.

The Chicago Cubs, perrenial action-attractors, are 20/1 at the two properties and the local favorite Los Angeles Dodgers are 30/1 at the Hilton and 40/1 at the Caesars group books.

The Los Angeles Angels are 10/1 at the SuperBook and 8/1 at Caesars bet shops.

Boston is 7-1 and 6-1 respectively.

Atlanta’s Braves are 12/1 at the Hilton and 7/1 at Caesars properties.

Long shots are the Kansas City Royals at 500/1 and 300/1.

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