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  2. Craps - Wikipedia

    en.wikipedia.org/wiki/Craps

    This is known as "taking it down" in craps. The maximum bet for Place, Buy, Lay, Pass, and Come bets are generally equal to table maximum. Lay bet maximum are equal to the table maximum win, so players wishing to lay the 4 or 10 may bet twice at amount of the table maximum for the win to be table maximum.

  3. Glossary of craps terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_craps_terms

    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. All bets on Don't Pass, Don't Pass Odds, Don't Come, Don't Come Odds, Lay bets and any single roll bets for a seven wins. snake eyes A roll of 2 Steven A player who leans over the table ...

  4. Gambling - Wikipedia

    en.wikipedia.org/wiki/Gambling

    Some means of determining the issue at stake must exist. Sometimes the amount bet remains nominal, demonstrating the outcome as one of principle rather than of financial importance. Betting exchanges allow consumers to both back and lay at odds of their choice. Similar in some ways to a stock exchange, a bettor may want to back a horse (hoping ...

  5. Play World Class Poker Online for Free - AOL.com

    www.aol.com/games/play/masque-publishing/world...

    Texas Hold'em, Omaha, 7-Card Stud, 5-Card Draw and more at the most authentic free-to-play online poker room with T.J. Cloutier.

  6. Advantage gambling - Wikipedia

    en.wikipedia.org/wiki/Advantage_gambling

    If a "trader" thinks these odds too long he may bet $1000 on the Jets, and should he prove correct and the odds on the Jets get shorter, "lay off" by laying, say, a $1016 bet against the Jets at 1.87. If the Jets win, he collects $900 on his bet on the Jets and pays out approximately $884 on the bet he laid against the Jets.

  7. Casino game - Wikipedia

    en.wikipedia.org/wiki/Casino_games

    In the United States, 'table game' is the term used for games of chance such as blackjack, craps, roulette, and baccarat that are played against the casino and operated by one or more live croupiers, as opposed to those played on a mechanical device like a slot machine or against other players instead of the casino, such as standard poker.

  8. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the book'.

  9. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Using a five horse box trifecta, the bettor may wish to lay only $20 on the outcome. Their percentage of winnings is now calculated as $20/$60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet. In recent times the "Roving Banker" variant for Trifecta and First4 betting is now offered. For a ...