Query: Is there a formula for calculating how much a particular bet will cost? Example: how much would it cost for a trifecta box on 4 or 5 horses. - DW
Solution: The formula for calculating the cost of a trifecta box is as follows: (number of horses in box) x (number of horses in box minus 1) x (number of horses in box minus 2) x (bet amount) = the total cost of the bet.
Example a) Box 3 horses: (3 x 2 x 1 x $1) = $6.00
Example b) Box 5 horses: (5 x 4 x 3 x $1) = $60.00
$1 is usually the minimum bet, but you can wager a larger amount if you want. - il dado
Query: If I place a Show bet and one of the horses that I bet on wins with odds of 6 to 1, and I bet $2000.00,,,,, How much money do I win???? Thanks - JB
Solution: (By courtesy of wizardofodds.com)
You wouldn't actually know how much you have won until the bets are settled. The way the betting works is as follows: The tote board and the television monitors at the track will display the odds on a win bet for each horse on the next race, as well as each exacta combination. The odds will be refreshed every ten seconds or so to reflect the changes in betting activity. The odds are reported on a "to" basis. For example if horse 4 is paying 8:5 then a $2 wager would win $3.20, for a total return of $5.20. Unlike sports betting the bettor is not locked into the current odds when he makes a wager. Rather the odds keep changing until post time, at which moment all bets are locked out.
About a minute after the end of the race the tote board will display the value of winning tickets relative to a $2 wager. For example the board may look like this:
..... Horse.... Win.... Place... Show
1st... 5........ 7.00.... 3.00.... 2.70
2nd.. 2.................... 2.40.... 2.20
3rd... 3............................... 3.50
This shows what winning $2 win, place, and show tickets pay. These amounts include the original $2 wager. For example a $2 place bet on horse 5 would pay $3.00 ($1.00 in winnings and $2.00 for the original wager).
(Courtesy of www.wizardofodds.com. Visit his racetrack betting page for the complete article: http://wizardofodds.com/horses)
Query: May I place a pass bet and don't pass bet at the same time? May I remove the don't pass bet at any time before the point is made? Are odds for the pass bet on place numbers separate from don't pass bets? - Mike
Solution:
- Yes, you are able to place a bet on 'pass' and 'don't pass' simultaneously.
- No, you would not be able to remove a 'don't pass' bet before the point is made.
- Yes, the odds for 'pass' and 'don't pass' bets are separate.
Query: I bet a $100 teaser to move the spread and the over/under. The team covered and the over/under became a push...how much do I win or lose?
Solution:
SECTION 2: GENERAL BETTING RULES:
- 2.2d) A teaser bet is a combination of two (2) or more single bets on one
(1) or more games where you can adjust the point spread in your favour for a
greater chance of winning. A teaser bet shall only be paid if all of the
games selected in the teaser are correct, meaning that the customer must
correctly select all of the games in his/her teaser bet against the
spread/points/over- under or whatever the handicapping method for the
events/games wagered.
- e) If a game in your teaser is postponed, cancelled, ends in a 'push' or is
refunded for whatever reason (eg, change of venue), then your teaser will be
evaluated on the games left that still have action. For example, a five team
teaser will automatically become a four team teaser and so on, and the odds
will be reduced accordingly from a five team teaser to a four team teaser
and so on.
The only exception is on any two team teaser where if a game is either
postponed, cancelled, ends in a 'push' or is refunded for whatever reason
(eg, change of venue), your stake will be refunded regardless of whether
your other selection wins or loses.
- f) On any three- team 10 point football teaser, a tie or push is considered
a loss for betting purposes. If one of your selections on a three team 10
point football teaser is postponed, cancelled or refunded for whatever
reason (eg, change of venue), your stake will be refunded regardless of
whether your other selections win or lose.
- g) Teaser winnings are calculated by multiplying the amount wagered in the
teaser column by the odds on the teaser pay-out table.
Query: If a player has a real ace high and then an eight in their flush and another person has a wild and then a king who wins the pot... does the person with the real ace win or the person who has the wild and then the next highest card?
Solution: The player with a wild Ace and the next higher card wins. However, cardrooms may apply different rules on how the wild card(s) can be used, so it is advisable to ask beforehand. - il dado
Query: In Spanish 21, can the dealer draw on hard 17 when the players have 17+ ?
Solution: Dealer always stands on hard 17. However, some casinos may apply different rules. - il dado
Query: Does natural pair beat a wild card pair?
Solution: How the wild card(s) can be used depends on the game you are playing and the agreed rules. A wild card can be defined as a joker or standard card that, by player agreement and/or dealer's choice, can be used to represent any card desired. The standard rules of poker do not distinguish between such hands, but some players prefer to rank hands using fewer wild cards above less natural versions of the same hand. - il dado
Query: Poker- Playing with wilds, I put down 2 aces and 2 wilds declaring my four aces. My opponent puts down 2 eights, and 3 wilds but declares he has four eights, not five (the better hand). Can he change his mind on his hand, or change to the better hand after everyone has put their hands down and declared what they have?
Solution: Unless agreed otherwise (among the players), common sense should prevail; who has the better hand should win. Wild cards add an additional hand, five of a kind, which normally ranks above a straight flush and above four of a kind. They can cause confusion. The standard rules of poker do not give specific distinctions, hence prior agreement among the players to what the rules are is essential to avoid disputes. - il dado
Query: Please can you explain for me what a side pot is and how it works? - Alison
Solution: In poker, if the call bet or the raise bet is $20 and a player has $15 only, this player makes an 'all in' bet (he puts all his money into the pot). In this case a side pot is created for those players who have more money to bet. The $5 difference is placed into this side pot. All other active players carry on betting and their money is placed into this side pot and if one of them at the end has the best hand, he or she wins both; the main pot and the side pot. If the 'all in' player has the best hand, he or she claims the main pot, and the side pot is awarded to the best hand among those players who were still active in betting. You win a pot that you put money into. - il dado
Query: What casinos in Reno have Texas Tea?
Solution: These land/terrestrial casinos in Reno should have Texas Tea slot machines, but phone before you go: Fitzgeralds Casino Hotel, phone (775) 785-3300. Atlantis Casino Resort, phone (775) 825-4700. Harrah’s Casino Hotel, phone (775) 786-3232. For the addresses, see Reno Casinos, Nevada on this site. - il dado
Query: If you have a wild card can the suit of the card be changed? - Joe
Solution: Unless agreed (among the players) otherwise, a wild card can represent any card of any denomination or suit. - il dado
Query: If I am playing poker with wilds and two people get four of a kind one is 4 2s and the other is a jack and 3 wilds. Who is the winner? - Ben
Solution: Normally the one with the higher hand wins, in this case a jack and 3 wilds. However, how the wild card(s) can be used depends on the game you are playing and the agreed rules. A wild card can be defined as a joker or standard card that, by player agreement and/or dealer's choice, can be used to represent any card desired.
When a joker is in play, it usually can only be used as an Ace or to complete a straight or flush. It cannot be used as a true wild card, for example, as a king to make KK75X (X = wild) play as three kings. When playing for low, the joker becomes the lowest rank not already held, so 864AX is played as 8642A, with the joker used as a deuce.
Wild cards add an additional hand, five of a kind, which normally ranks above a straight flush. They can also cause confusion when two players hold the same hand composed of different wild card combinations. The standard rules of poker do not distinguish between such hands, but some players prefer to rank hands using fewer wild cards above less natural versions of the same hand. - il dado
Query: Poker - If two people have flushes, one person having 2 wilds, the other having a wild and an Ace. Who would win, the wild or the Ace? - Eric
Solution: Assuming the other three cards of each player are equal in value, it would be a draw (or a tie). The one with an Ace nominates the wild King, and the one with two wilds nominates them Ace and King, to achieve the best possible hand. - il dado
Query: Craps - What are the odds that 7 sevens will be rolled in craps before either a six or an eight is rolled? or how often have you seen it happen personally? - Matt
Solution: The answer is (6/16)^7=1/958.9172. (or ABOUT once out of 959). - Answer provided by courtesy of wizardofodds.com
Query: Baccarat - Is there any formula that can beat the house? Please guide.. Thanks. - Kenneth
Solution: Baccarat is in a way very similar to playing the even-money bets at roulette, eg. Red and Black. Like roulette, mathematically, the house has the edge and therefore there is no sure formula to beat the house. You can improve your chances of winning if you are able to devise a plan that lets you play in sessions, closing each session once certain criteria are met, win or lose. You don't have to win each one of them. What matters is the overall result. This combined with a suitable money management system, like the Paroli System, should give you the opportunity to be a winner. - il dado
Query: Bingo - How many balls are in a bingo game?
Solution: There are 75 numbers in a Bingo game. - il dado
Query: Poker - I was playing poker with some people from work (Texas hold'em and Omaha hold'em) when a question came up. Who wins the pot when more than one person has the winning 5 card hand (straight). One person said that we should have split the pot while I said that it should have gone to the highest ranking unrelated cards. Which one of us is right? Example; the community cards are K 4 5 8 7 one player has 6 K the other player has 6 2. They both have the straight but who gets the pot? - Colin
Solution: The two players should split the pot. Both have a straight hand made up of the same values 4 5 6 7 8. The remaining cards don't count; they are assumed discarded cards. - il dado
Query: Poker - What is the Highest hand you can get in poker with wilds?
Solution: Five of a kind with Aces is the Highest hand when played with wild cards or jokers. - il dado
Query: Poker - When playing poker using wild cards if two people have the same pair but one with wild cards one without, is the hand decided on the next highest card in the persons hand or does the pot go to the person with the "real" pair?
Solution: The hand is decided on the next highest card. - il dado
Query: Roulette - I would appreciate if you could tell me if a losing sequence of 14-15 spins at roulette with one inside section of 12 numbers not appearing is very common? I play the inside section 5,8,10,11,13,16,23,24,27,30,33,36 and need only one in 15 consecutive spins to fall in this section to win hence the question. - Alex
Solution: Losing 14-15 spins consecutively on 12 numbers is not common to the normal perception of the player. Statistically probability-wise you are meant to win once every three spins. In practice anything can happen. In the long run you will find that the number of times and the amount of money that you win on these 12 numbers will be offset by one 14 or 15 losing streak. - il dado
Query: Poker - Rules for carribean stud?
Solution: Go to the Caribbean Stud Poker page. - il dado
Query: Poker - What are the different poker hands that you could get from best to worse based on probability?
Solution:
The following are the ranking of hands starting from the highest. For more details see Poker rules: - il dado
- Five of a Kind (when played with Wild Cards or Jokers)
- Royal Flush
- Straight Flush
- Four of a Kind
- Full House
- Flush
- Straight
- Three of a Kind
- Two Pair
- Pair
- High Card
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