Wager Mage
Wager Mage
Photo: Anna Shvets
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This means there was a 1 in 5000 chance of this event happening, 0.02%. If you can toss a fair coin 12 times and get it to land on heads 12 times,...
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Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your...
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As mentioned above, our sense of duty to our families is the motivator to make sure hard work is put in so we can give back to our families....
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A must-hit-by jackpot, or mystery jackpot, is one that is guaranteed to hit by a certain point. So, there are two good things about a large...
Read More »In betting parlance, a 'Roundabout' is a type of multiple bet involving three selections. The bet consists of three single bets and three conditional, or 'any-to-come', doubles to twice the original stake.
In betting parlance, a ‘Roundabout’ is a type of multiple bet involving three selections. The bet consists of three single bets and three conditional, or ‘any-to-come’, doubles to twice the original stake. For example, a £1 Roundabout on three selections, A, B and C, consists of £1 win A, any-to-come £2 win double B and C, £1 win B, any-to-come £2 win double A and C, and £1 win C, any-to-come £2 win double A and B. Of course, if one of your selections is odds-on, the win single will generate a return less than twice your original stake, in which case the full return will be staked on the any-to-come double on the other two selections. Consequently, if one of the other two selections loses, you will lose your whole stake, despite having backed a winner. Nevertheless, proponents of the Roundabout argue, with some justification, that the possibility of losing your whole stake is a price worth paying for the ‘leverage’ the bet provides, if successful. In the above example, the amount staked is £3, for three £1 win singles, but the potential payout is for three £1 win singles, less £2 from the return on each one, plus three £2 win doubles. If you back three winners, all at even money, your return from three standard £1 win singles will be £6, but your return from a Roundabout, for the same unit stake, will be £24.
MLB, NBA, NFL, and NHL are commonly referred to as the "Big Four." Each of these is the wealthiest professional club competition in its sport...
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Gambling withdrawal occurs when the brain is deprived of a dopamine stimulating substance for a longer period. The absence of this stimulant leads...
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In fact, the value 16 is said to be the worst hand one can have in blackjack. Since sixteen of the other fifty cards have a value of 10 and four...
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India is known for having several lucky numbers. These are 7,8,9,13 and 108. There are a lot of online websites to play the lottery where you can...
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