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What does a 30 1 odds mean?

On a table that pays 30-1, if you win your bet on 12, you keep your 1-unit bet and get 30 units in winnings, for a total of 31. On a machine that pays 31-for-1, the machine keeps your bet when you make it, but pays 31 units on a win — still a total of 31 on your side after a win.

tunicatravel.com - Gaming Odds Explained: 30 To 1 vs. 31 For 1 - Tunica

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Gaming Odds Explained: 30 To 1 vs. 31 For 1

By John Grochowski on Thursday March 22, 2018

A craps player wrote to me recently to say he’d found an automated game that looked like it had better odds than he found at table games. “Instead of 30-1 on 2 or 12, it pays 31-1 and instead of 15-1 on 3 or 11 it pays 16-1,” he wrote. “Hardways pay 10-1 and 8-1 instead of 9-1 and 7-1.” I told him he needed to check the machine again. It was likely the machine was paying odds-for-1 instead of odds-to-1, and that the payoffs he was seeing were just normal returns expressed in a different way. It’s common for machine games to pay odds-for-1 because the game has already taken your bet before the roll takes place. On a table that pays 30-1, if you win your bet on 12, you keep your 1-unit bet and get 30 units in winnings, for a total of 31. On a machine that pays 31-for-1, the machine keeps your bet when you make it, but pays 31 units on a win — still a total of 31 on your side after a win. So 31-for-1 is the same as 30-to-1, 16-for-1 is the same as 15-to-1, 10-for-1 is the same as 9-to-1, and so on.

What if the game really was paying 31-1 on 12, and not 31-for-1?

With the standard 30-1 you’d get at most craps tables, bets on 2, 12 or hard hop bets give the house a 13.89 percent edge. If the payoff is 31-1, the edge drops only to 11.11 percent. True odds are 35-1, so there’s a long way to go from 30-1 before these become viable bets.

What about the hardway payoffs the reader described?

When your payoff is 9-1 on hard 6 or 8, the house edge is 9.09 percent, and when you’re paid 7-1 on hard 4 or 10, the house edge is 11.1 percent. If the pays were increased to 10-1 and 8-1. they’d match the true odds of winning these bets. The house edge would be zero. That reinforces the likelihood the game is paying in odds-for-1. Any time the odds paid on a machine version of a table game look higher than the table version, check to see if the payoffs are for-1.

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Why is cops referred to as 12?

Police are called 12 as a slang term. According to sources, 12 comes from the police radio code “10-12,” which means that visitors are present in the area where police are going. It's similar to a warning to police that they might have company when they arrive on the scene.

woldcnews.com - Why Is Police Called ""12"" - WOLDCNews.com

If you noticed the graffiti during the protests, Poice is called “12,” but where did that nickname come from? Why is that the case?

Police slang can look a lot different from city to city. People all over the country have many different names for police. Words like cops, po-po, and 5-0 are commonly used terms to refer to the boys in blue, Urban youth has own commonly used term that has now become widely used in pop culture.

Why Are The Police Called “12”?

Police are called 12 as a slang term. According to sources, 12 comes from the police radio code “10-12,” which means that visitors are present in the area where police are going. It’s similar to a warning to police that they might have company when they arrive on the scene. If you ask Urban Dictionary, many folks have different definitions for the slang term and where it originated. It’s used in the streets to give a quick heads up to friends and or civilians that police have arrived or they are on their way. It’s is mostly a Southern, United States slang term, but has been adopted by television shows as well as pop-culture.

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