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Therefore, successful gamblers have to examine any bets they make in light of the odds really being even money. There are variations of the game that offer en prison on 37 number tables so if a 0 is rolled, the bettor neither wins or loses but his or her bet rides again on the next roll; if the bet-upon event occurs on the second spin, the even-money wager is returned to the bettor. In blackjack , even money bet is a side bet offered to a player that has a natural an Ace and a ten-valued card in case the dealer has an Ace as a face-up card.
This bet costs half the size of the original bet. Even money bet protects the player from a push if the dealer has a blackjack. In case the dealer does have a blackjack, the player will push on the original bet and get a 2 to 1 payout on the even money side bet. However if the dealer does not have a blackjack, the player will be paid 3 to 2 on the original bet and lose the even money bet. From Wikipedia, the free encyclopedia. This article is about a gambling term. For the film of the same name, see Even Money film.
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The odds for this wager are expressed in three different ways depending on what odds you prefer to use. Generally speaking, sportsbooks do not like listing even money lines because it is not as easy for them to make money. Since sportsbooks pay out as much money as they take in, sportsbooks would need to rely on a very low winning percentage from the public in order to come out ahead. They feel comfortable posting odds like and the standard lines, since that extra bit of juice allows them to turn a profit — as long as the balance is equal between both sides.
However, this is where the sportsbooks get you. Think about it for a second. Depending on the board, there are actually 37 or 38 spots on the wheel — 36 numbers plus 0 and Fixed-odds: A fixed-odds bet is one where you get the odds advertised by the betting operator at the time you placed the bet. SP: This stands for Starting Price and is the official odds a horse started the race with. You can ask to place an SP bet with a bookmaker but not the Tote. Some people do this if they think the horse they wish to bet on will start the race at a better price than is being advertised at the time, perhaps because of late money for another horse in the race.
Late money: You may hear this said when a horse is heavily backed in the final stages before a race. Odds-on: When a horse is a strong favourite to win their price may be odds-on. If the betting operator displays fractional prices, a horse that is odds-on will have a price where the larger number is on the bottom of the fraction i. If a betting operator is using decimal odds, this will be displayed as a number less than 2.
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