bets

Card counting in blackjack

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Blackjack board

Card counting is a card game strategy used to determine when a player has a probability advantage. The term is used almost exclusively to refer to the tracking of the ratio of high cards to low cards in blackjack, although theoretically card counting can be used in some other card games.

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Asian handicap

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Penalty

An Asian Handicap is a sports betting term used to describe spread betting in football (soccer). Described as Asian because of its Eastern origins, the phrase has little else to do with the region. This form of soccer betting has gained increased popularity over the last few years and is now offered by a variety of mainstream bookmakers.

Football bets can be made using a few different formats. From a gambler's standpoint, Asian handicap odds provide many benefits. For starters, the Asian handicap system eliminates any chance for loss due to a tie, which increases the gamblers chances of success. Secondly, bookmakers typically charge less Vigorish than with other bets.

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Gambling on horse races

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Tokyo Racecourse Tokyo Racecourse in Tokyo, Japan.

One of the most widespread forms of gambling involves betting on horse races, most commonly on races between thoroughbreds or between standardbreds.

Wagering may take place through parimutuel pools; or bookmakers may take bets personally. Parimutuel wagers pay off at prices determined by support in the wagering pools, while bookmakers pay off either at the odds offered at the time of accepting the bet; or at the median odds offered by track bookmakers at the time the race started.

In Canada and the United States, the most common types of bet on horse races include:

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Called Bets

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European roulette wheel Traditional roulette wheel sectors

There are a number of series in roulette that have special names attached to them. These are placed by betting a set amount per series (or multiples of that amount). They are based on the way in which certain numbers lie next to each other on the roulette wheel. Not all casinos offer these bets.

Voisins ("Neighbors")

This is a name for the numbers which lie between 22 and 25 on the wheel including 22 and 25 themselves. The series is 22,18,29,7,28,12,35,3,26,0,32,15,19,4,21,2,25 (on a single zero wheel).

9 chips or multiples thereof are bet.

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Types of bets

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Bookmakers

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Bookmakers

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Integrity and fairness of online poker

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Online poker

As with other forms of online gambling, many critics question whether the operators of such games - especially those located in jurisdictions separate from most of their players - might be engaging in fraud themselves.

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Types of roulette

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1800 French Roulette Table 1800s engraving French Roulette

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Betting format in poker tournaments

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2008 poker tournament

Betting, in tournaments, can take one of three forms:

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Blackjack Insurance

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Ace of heart

If the dealer's upcard is an Ace, the player is offered the option of taking Insurance before the dealer checks his 'hole card'.

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Betting exchange

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Asikainen-Campas

A betting exchange is a p2p gambling website acting as a broker between parties for the placement of bets. The concept is similar to that of a stock exchange or a futures exchange, where in this case the commodity being traded is a bet, rather than a stock or futures contract. Most betting on a betting exchange is a form of fixed odds gambling.

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Roulette

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Roulette wheel

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Poker

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A game of Texas hold 'em

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