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  2. Craps - Wikipedia

    en.wikipedia.org/wiki/Craps

    The basic bet in craps is the Pass line bet, which is a bet for the shooter to win. [3]: 110 This bet must be at least the table minimum and at most the table maximum. If the come-out roll is 7 or 11, the bet wins. If the come-out roll is 2, 3 or 12, the bet loses (known as "crapping out"). If the roll is any other value, it establishes a point.

  3. Martingale (betting system) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(betting_system)

    Even if the gambler can tolerate betting ~1,000 times their original bet, a streak of 10 losses in a row has an ~11% chance of occurring in a string of 200 plays. Such a loss streak would likely wipe out the bettor, as 10 consecutive losses using the martingale strategy means a loss of 1,023x the original bet.

  4. Dice control - Wikipedia

    en.wikipedia.org/wiki/Dice_control

    The concept of "controlled shooting" goes beyond simply "setting the dice" prior to shooting.It purports to limit the rotation of the dice during the roll. The theory is that if the dice are properly gripped and tossed at the correct angle they will land just before the back wall of the craps table, then gently touch the wall, greatly increasing the probability of their remaining on the same axis.

  5. Hedging Your Bet? Everything You Need To Know About Hedge Funds

    www.aol.com/hedging-bet-everything-know-hedge...

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  6. Glossary of craps terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_craps_terms

    A five-unit bet that is a combination of a horn and any-seven bet, with the idea that if a seven is rolled the bet is a push, because the money won on the seven is lost on the horn portions of the bet. The combine odds are 26:5 on the 2, 12, 11:5 on the 3, 11, and a push on the 7. world See whirl wrong way bettor

  7. Betting strategy - Wikipedia

    en.wikipedia.org/wiki/Betting_strategy

    A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]

  8. Oscar's grind - Wikipedia

    en.wikipedia.org/wiki/Oscar's_grind

    Oscar's Grind is a betting strategy used by gamblers on wagers where the outcome is evenly distributed between two results of equal value (like flipping a coin). It is an archetypal positive progression strategy. It is also called Hoyle's Press. In German and French, it is often referred to as the Pluscoup Progression.

  9. Martingale (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(probability...

    The strategy had the gambler double their bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake. As the gambler's wealth and available time jointly approach infinity, their probability of eventually flipping heads approaches 1, which makes the martingale betting strategy seem ...