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  2. Craps - Wikipedia

    en.wikipedia.org/wiki/Craps

    Place bets to win pay out at slightly worse than the true odds: 9-to-5 on points 4 or 10, 7-to-5 on points 5 or 9, and 7-to-6 on points 6 or 8. [3]: 116 The place bets on the outside numbers (4,5,9,10) should be made in units of $5, (on a $5 minimum table), in order to receive the correct exact payout of $5 paying $7 or $5 paying $9. The place ...

  3. Glossary of craps terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_craps_terms

    To keep the previous winning bet as is. If a player says same bet it does not mean to double the bet, that is referred to as "pressing it" seven out A roll of 7 when the point is On. All bets on Pass, Pass Odds, Come, Come Odds, Place bets, Buy bets, hard ways and any single roll bets not for a seven loses.

  4. Advantage gambling - Wikipedia

    en.wikipedia.org/wiki/Advantage_gambling

    Sports and horse betting can be beaten by placing arbitrage bets, which involve placing bets at different bookmakers who are offering different lines . Many online sports books now offer bonuses like free bets or free money. These bonuses usually come with a stipulation that the bettor place a certain number of bets.

  5. Gambling - Wikipedia

    en.wikipedia.org/wiki/Gambling

    Caravaggio, The Cardsharps (c. 1594), depicting card sharps. Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted.

  6. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    The place part of each-way bets is calculated separately from the win part; the method is identical but the odds are reduced by whatever the place factor is for the particular event (see Accumulator below for detailed example). All bets are taken as 'win' bets unless 'each-way' is specifically stated.

  7. List of bets - Wikipedia

    en.wikipedia.org/wiki/List_of_bets

    Bergstrom bet the entire amount on the don't pass line in craps and, after several rolls, won. The winnings went into the second suitcase. On March 24, 1984, he returned to the Horseshoe and bet $538,000, again in craps and again won. Finally on November 16 the same year, Bergstrom placed his largest craps bet: $1,000,000. This time he lost ...

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