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I have seen Keno played in Las Vegas, but I never really knew what it was. I often saw it played in a lounge where other things, like eating and drinking, are going on at the same time. What is this game that doesn’t require your full concentration? Today, I played Keno online. I was looking around the website I frequent for slot games and I noticed they had a “Specialty Games” section. On their list was Keno, so I thought I’d finally give it a try.
So now I understand why Keno is popular for while you’re taking a break from the casino floor and grabbing a bite to eat. You can choose your numbers and let them ride over and over again. Playing online was pretty cool though, too. I was up $50 after 20 minutes. It’s not guaranteed or anything, but anytime I can make $50 in 20 minutes, sign me up! If you want to give it a try, you can find it under “Specialty Games” at slots.lv. I didn’t understand it at first, even though the directions said it was one of the easiest games to learn. What does that say about me? As it turns out, I was just over-thinking it. In this article, I will describe Keno and my experience playing it for the first time.
Keno is a game of picking numbers. It’s the official equivalent of your buddy saying, “I’m thinking of a number between one and ten. Can you guess what it is?” In this case, though, it’s Keno saying, “I’m thinking of 15 numbers between 1 and 80. Can you guess what they are?” First, you choose your betting amount. This is the amount you are wagering for each round of Keno you play. You then choose your numbers. You can only pick one number if you want, or you can pick as many as 15. If you click on “Quick Pick”, the computer will randomly select 10 numbers for you. You can click on up to 5 additional numbers if you would like. If you don’t like any of the numbers the computer chose for you, simply click on that number and it will be deselected.
Once you are happy with the numbers you have chosen, you can look on the upper left hand corner of the screen for a payout table. It will show a column for number of hits, and a corresponding column for payouts. This table changes based on how many numbers you choose. You’ll notice that there is not a payout for every time you match a number. Instead, Keno pays for a special number of hits. For example, when choosing ten numbers to play, Keno’s payouts start at 5 hits and go up to 10. At 5 hits, you win 2 credits. At 6, you win 26. At 7, you win 180. At 8, you win 1200. At 9, you win 10,000. At 10 hits, you win 100,000 credits. The credits are the amount of your wager. So, if you chose a $1 wager, 10 hits would equal $100,000. If you chose, $5 as your wager, 10 hits would equal $500,000.
You’ve chosen your numbers and your betting amount. Now you must determine how many rounds you want to play with those same numbers. You can choose up to 10 at a time. Certainly, you can play the same numbers every single time you play Keno, but as far as automatic play goes, the highest is the “Play 10” button. You can choose 1, 5, or 10 rounds. If you choose “Play 1”, you will be charged 1 credit and Keno will randomly select twenty numbers. If any of the number you chose match any of the numbers that show up, it’s called a hit. But you’re not just hoping to match some; you’re hoping to match enough to qualify for a win based on the payout table. If you chose to play with 10 numbers, then it doesn’t matter if you match 0-4 of their numbers. It matters if you match 5 or more. The game will make a soft “ding” if you matched any, and will highlight those numbers for you, but will also alert you if you matched enough for a payout. If you choose to play with 15 numbers, you get paid 2 credits if you match zero numbers, but then the next highest is 7 matches.
If you are thinking about playing online casino games in the United States, there aren’t too many choices for players these days. However, I think that you should take a look at the Bovada casino. They offer over 120 real money casino games to their players.
How many of those 120 games should you play? If you are betting to have some fun and maybe win some money, you can bet on all of them. If you are trying to make money while you are gambling, you better only bet on those casino games that you know the perfect strategies to win.
Even when playing with the recommended gambling strategy, you are not guaranteed to win. However, you are much less likely to lose a lot against the casino. It is all about lowering their house advantage with any game. Once you have done this, we can talk about one of the ways to help you win money.
Let’s talk about standard deviation. The short-run fluctuations of expected casino game results are referred to by mathematicians as standard deviation. For the purposes of online casino gambling, you could say that standard deviation is the probability of your short-term gaming results falling in line with the prediction of probability.
Not to get too technical on you (because there is no point in doing so anyways), let’s just say that standard deviation is a correlation between the number of bets and the prediction of probability. The more hands you have played, the smaller the standard deviation.
Another way of putting it would be that the more time you spend gambling, the closer the expected game results will fall in line with the predictions of probability. In a short time span, the deviations in game results can be very great – either for the better or the worse.
When there is a fluctuation of wins, we often call this a run of good luck. When there is a fluctuation of losses, we often call this a run of bad luck. In actuality, good luck and bad luck has nothing to do with it, albeit these terms make for convenient labels.
This is the sense in which the terms “good luck” and “bad luck” is commonly used these days. And while it is fine to casually refer to your playing sessions in the online casinos as being “lucky” or “not lucky”, always try to remember the lesson of standard deviation. The longer time you spend gambling in the casinos, “luck” becomes less important of a factor. On the contrary, more weight should be given to the mathematics of basic probability.
When Should I Stop a Gambling Session?
A common question that gamblers often ask is “When is it a good time to quit or take a break from gambling”? A great question to ask, however, far too often the answer is made out to be black and white, which it is anything but.
Of course, it is sound advice to say one should quit when they hit a preset losing limit or sometimes when hitting a predetermined profit percentage. However, it is never this simple because there are several other factors that gamblers should be aware of when riding out a gambling session.
One of the most important is regarding one’s mental state and attitude. For instance, the only good that losing limits can do for a gambler who is playing in an emotional and irrational manner is that the gambler will know how much money they are invariably going to lose.
State of mind is one of the most important factors in gauging the appropriate times to take breaks or quit gambling for the day. Let us say that you experience a few good wins and your bankroll is up in profit. This is then followed by a string of near-wins (in other words, losses) which you find yourself getting increasingly frustrated about.
In fact, you begin to get frustrated to the extent that you find yourself clicking the mouse just a little bit quicker, biting your nails and thinking negative thoughts about the computer (it happens to all of us).
Even if you are playing with a sound betting strategy, an emotional state of mind is only going to cloud your decision making process and you are going to hit your losing limit much faster than if you give yourself a break to recollect yourself.
That being said, even if you gambling limits have not been met, if you find your mood or attitude changing for the worse, step away from the computer and try again later.
When you Play Pokies at Royal Vegas Casino most of the strategy involved is the bets you make so you should do your research as to the best ones.
The NCAA College Football season has begun and the NFL regular season is only a couple of days away. Now is the perfect time to learn how to gamble on some of these games. I will go through the basic bets and what you will need to know in order to be successful betting on football games.
First of all, if you are going to do this for anything other than fun with the extra money you have lying around, you need to know that you have to do better than 50/50 to win money when betting on sports in general. This is because any bookie, sportsbook or sports betting website will have what is called Vig or Juice. This is usually a 5% to 10% tax for placing bets on the sporting event.
This is the one way to make sure that they don’t lose money overall. Every gambling establishment has an edge. In the casinos, they have between a 2% and 20% house advantage on every game that they offer. A poker or bingo establishment doesn’t have any risk because you are playing against other people directly, but they still take in a rake, tournament entry fee or some other way that will have you paying them for their services.
It is the same with sports betting. If you want to bet on the point spread for a game, you will usually see a (-110) next to the number the team is favored by or the underdog against. This means that you will have to wager $110 in order to win $100. You can bet any amount that you like, but you aren’t wagering 1 to 1 or better unless you see (Even) or (+105) or more.
In order to win money overall when gambling on sports, you are going to have to win a little more than 55% or the time. While this sounds easy, trust me it isn’t. Your bad days will more than cancel out your good days unless you can absolutely be disciplined with your betting.
If you have $1,000 in your bankroll, you should bet no more than $50 per game when you start the day. If you lose 15% of your bankroll ($150), then you should stop betting that day. Depending on how you do at the start of the day, you can hedge bets and place more money to try to maximize your winnings. But, never go against those fundamental rules unless you want to go broke.
I already explained the most common wager in football, the Point Spread bet. You may also want to try a Money Line bet if you are very confident about which team will win. The Money Line bet is a wager on who will win the game straight up. You may be forced to wager a lot more than 1 to 1 on the bet if the team you are betting on is a favorite.
If you see a team is (-350) on the Money Line, then you will have to bet $350 in order to win $100. If you see a team is (+200), then you will win $200 if you bet $100. Then money line is more difficult than the spread because you either have to correctly guess an underdog or bet a lot of money on a favorite. Either way, when you lose, it will hurt. I only suggest you do this when you are up on the day and you want to place a bet on an underdog.
When betting on the Spread or Money Line, you are going to want to visit multiple sports betting sites to check out the differences in the lines offered. If you are going to bet on the favorite, you are going to want to place a bet where the favorite is (-250) as opposed to (-280). You will want to place a bet at the sports book that offers a (-2.5) spread instead of the (-3) spread. The opposite is true if you are betting on the underdog.
This is called Line Shopping. You can learn more about this technique at nflbettinglines.org. When you do this correctly, you can change the outcome of a bet by winning instead of tying or tying instead of losing. This can help you hit that magical 55% winning bets and start making some money.
You can place an Over/Under bet on a football game as well. This is a wager on the total number of points that will be scored by both teams combined. This is usually a bet that you should avoid unless you have an in depth knowledge of the teams playing. The sports books are usually pretty good at getting pretty close to the correct number for the game.
This wager won’t be available until the night before or the day of the game that will be played. This is because factors such as injuries and weather conditions will have a big impact on the total points scored.
This is a fun one that a lot of people try. A future bet includes “Which team will win the Super bowl?” or “Which team will win the BCS Championship?” Most fans that place this bet will do so on their own favorite team. Since there are usually at least 30 teams in every sports league, this wager will pay out much higher than 1 to 1. The downside is that your money is usually tied up for several months until the end of the season.
You probably won’t want to place a bet on the favorite team(s) to win the championship. These bets are often as low a 5 to 1 (win $500 on a $100 bet). The favorites often don’t win the championship, so this bet is still a large risk for little reward. More often than not, you should place a bet on one of the 20 to 1 teams. This will give you a large payout while still having a legitimate chance to win the bet. Any team that is higher than 45 to 1 should be avoided, unless you want to put $20 or less on them for kicks and giggles.
You will see a lot of online sports betting websites offer a bonus or promotion to try to get new punters into their doors. But, have you ever wondered how those bonuses and promotions actually work? They are not always the easy money that they claim to be.
As I have stated, there are two main types of offers that a sportsbook will make to new gamblers: Bonuses and Promotions. The Bonuses usually have more rules than the promotions. Here is a quick explanation of both types.
A sportsbook bonus is usually only offered to new players who are looking to make their first deposit with a website. This bonus usually comes with restrictions that are spelled out in the terms and conditions page of that particular site.
Let’s say that you see a bonus that offers you $/£100 when you make your first deposit. The bonus will usually be a percentage of the amount that you are depositing. Most often, you will see between a 10% and 50% bonus from sportsbooks with an Initial Deposit offer. Any more than that and you have to question if it is legitimate.
You have to be very careful to read the terms and conditions for this bonus money. You will always have some kind of betting rollover that will need to be met before you can make a withdrawal. The simple fact is that people can’t be trusted not to cash out the free money and leave so this step is necessary.
The rollover will usually be between 2 times and 4 times the amount of the bonus money. That means if you receive a $50 bonus with a 4x rollover, you will have to bet at least $200 before you are allowed to withdraw money from the sportsbook.
Also, be careful that you don’t see the term “For betting purposes only” or something similar. This means that the bonus money cannot be withdrawn from the account and is only there to act as part of your bankroll. If you have $300 in your account and you received a $100 bonus, then you will have to leave that $100 in the account and only be able to withdraw $200.
Promotions and Promotional Codes
Promotions are most offered in the form of Free Bets. A free bet is simply that, you make a deposit and you will receive a certain amount of money to bet on a specific event. These free bets usually have less rules and restrictions than the Bonuses. These promotions are often given to bettors who have already made multiple deposits with the website, so the player is more likely to be loyal.
One of the restrictions that will be put on these free bets has to do with the Lines. You most likely will not be allowed to bet on a team that is a heavy favorite. There will be a minimum line that the match needs in order for the bet to valid (usually 1.5 to 1).
If you would like to see an example, you should check out this william hill promotional code. You can get a £25 Free Bet when you bet £25. The promotional code that you have to use when you make the deposit is F25.
Other promotions include offers such as reduced or no juice for certain bets. Juice is the inherent advantage that the sportsbooks have that allows them to make money. When you see a spread that says (-110) next to it, it is because of the juice. This means if you want to win $100, you will have to wager $110. The $10 difference is the juice.
Contrary to popular belief – spread betting is not complicated. Here we offer you a simple explanation about spread betting.
Once you grasp the basic principles of spread betting not only will you wonder why you didn’t place these bets. Once you grasp the basic principles of spread betting not only will you wonder why you didn’t place these bets before, but you will soon become an expert and most of your sports wagering bets will focus on spread betting.
How does spread betting work?
The Spread betting company or website predicts the outcome of a certain sporting event such as how many goals will be scored in a soccer game or how many homeruns will be scored in a specific baseball game or round.
All you need to decide is whether their betting prediction was too low or too high; and place a bet accordingly. You simply decide whether the sportsbook’s prediction is high or low. If you agree with the company’s prediction – you don’t place this bet. Your winnings are calculated according to how close you were to the actual score.
For every game that the company predicts a specific outcome – the question is put forward: do you think they are right?
No? You challenge the prediction and decide the size of your betting stake.
Wins or losses at such a type of betting depends on the money you placed and on how wrong or right you are. These two parameters are multiplied to form the amount of money won or lost.
If in a baseball match, the company states that a total of 6 homeruns will be scored. If you think that this number is too low – you place a bet accordingly that for every basket above the said total (6) you place $10.
Likewise – if a total of 14 homeruns were scored how much did you win?
You will have won $80! (8 homeruns x $10).
If you are beginning to think that it is easier than you thought then you are correct! Start placing spread bets and you will find it a lot easier than the other types of bets.
NCAA Basketball Betting
This time of year, the NCAA college basketball tournament affectionately know as “March Madness” is getting started. The tournament starts a little later than normal. Selection Sunday is St. Patrick’s Day, March 17 and the first game of the 64-team tournament tips off at 12:15PM ET on Thursday, March 21st.
These first and second round games are very difficult to pick. The only time that you should place a bet on college basketball is when you feel that you have a reasonable advantage. There are several factors that I look for when I am going to place a wager.
1) Team strengths and Team weaknesses – You should look for matchups that feature mismatches such as a good rebounding team vs a poor rebounding team or a poor shooting team vs a team with a good half court defense. Other advantages could be a team with big forwards against a smaller team or an athletic team that scores a lot against a 3 point shooting team.
There are tons of these types of comparisons that can give you a good feeling about betting on one team to beat the spread.
2) Streaks and Trends – This will also factor into my decision whether to bet one way or the other on the spread. Teams tend to go on streaks, both hot and cold. Look for teams that have done well against the spread over the past 10 games. This is the average amount of time that is pertinent so you can understand how a team is doing lately.
The games in November, December and January are important in determining how good a team is overall; but the games played in February and March let me know how good a team is playing at the time the tournament begins.
3) How the Line has moved – Sometimes the line moves because a player is injured or other news of that type. Many times, however, you can see when the line starts to move when the majority of gamblers place bets on a certain team. The general rule that I have is to go against the crowd. Mind you, I will only do this when I can see a certain strength or weakness that I can exploit.
How can you see what the line started at? How can you see what percentage of people placed bets on one of the two teams? Click here to find out how.