Betting Permutations – The Ins and Outs

Betting carries an interesting balance; the desire to win consistently and the desire to win big and these two options aren’t always easy to do together. The higher the odds, the lower the chance of success. There is however an option you can use to keep stakes small, success rates high and still retain the possibility of a big win – permutations. Within betting, permutations generally mean the different variation that offer a solution to a problem. Let me give you an example that should hopefully make that a little easier to understand.

At Epsom today there is a three horse race. The horses are called “A”, “B” and “C”. They will obviously come home in first, second and third and you want to put a tricast on the race. This means that you are going to predict the first three horses in order. How many different orders can the horses come in?

Well lets see, they could finish in these orders:

ABC

BCA

CAB

ACB

BAC

CBA

These means that there are 6 permutations of three finishing orders from three horses. So what difference does that make to us gamblers?

Well, its fair to say that I am a strong advocate of straight singles betting. The problem with this is that the returns are very rarely spectacular. Of course, the best way to improve them is to do multiple bets in an accumulator but the more results you link together then the lower the chance of getting them all right. This is where permutations come in – if we had placed a bet on all of the options above then we would have guaranteed to have got the tricast for the race by covering every possible solution. Sounds great huh? Well it is and it isn’t. The fact that the bookmakers allow you to place these permutations in itself should be proof enough that they don’t see them as a risk. The main reason for this is that as multiple bets increase then the number of permutations also increases generally putting the cost of backing them higher than the potential reward. Lets look at the 3.15 today at Wolverhampton, there are 11 runners with odds ranging from 2-1 out to 33-1. If we covered every possible comination of three horses finishing in order we would have to cover 990 different combinations. This would leave us in a rather precarious position. If we had placed a £1 bet on each permutation then it would cost us £990 and if the three favourites came in first, second and third then we would get back £175.50. Thats a great return on a £1 bet but pretty awful when compared to a £990 outlay.

Of course, we could be lucky and the three furthest out in the betting could come in and we’d get back £9282 but that’s a difficult risk to incorporate and not one that I highly recommended, favourites are after all, favourites for a reason. For your reference the actual tricast returned £760.50.

So how can permutatuions be useful in betting? How can they be adjusted to make a usable solution?

Well the first thing to do is to decide on what you’re going to use permutations for. I personally only use permutations of the finishing order in Greyhounds – with only six runners the final numbers don’t get too high.

The other permutations could be the results of a contest. Lets say for instance that you have 5 football matches and you’re sure that the result is going to be a home win or a draw – you could cover all of the possibilities to ensure that you have a winning accumulator as long as there’s no away wins.

If your bet was as follows:

Tottenham Draw or Win

Dagenham Draw or Win

Liverpool Draw or Win

Manchester United Draw or Win

Stoke Draw or Win

Then there would be 32 different possible accumulators. This is simple to work out, just take the number of possibilities in each contest and multiply them by the number on the next contest and so on. In this case we are covering to options, the home win and the draw, so it would be 2x2x2x2x2 giving us a total of 32. The golden rule is that you must have odds on each result higher than that of the number of variations. In this case, there are two options in each match so the odds must be higher than evens.

If you decided to do a three horse race accumulator picking three horses in each race then there would be 27 different variations – 3 x 3 x 3.

Every Combination

You can of course cover all of the different constituent bets within a selection. This means that if you choose 4 different events, you could cover the accumulator of all four solutions, the four different ways of getting three results right from four, the 6 possible ways of getting 2 right from four and the 4 possible singles right from four. This exact bet is also generally known as a Lucky 15 and is a very common bet amongst horse racing bettors.Could you perm it? Well technically you could choose two horses from each race and then write out lucky 15′s to cover every possibility.

The most common format for winning with permutations is still the TOTE bets. The scoop 6 bet for example asks that you pick the winner of 6 specific races for a small fee. If we chose 2 horses in each race instead of 1 then we would pay 64 times (2x2x2x2x2x2) that small fee. Some people will have just one selection in a couple of races where they feel very confident allowing them to pick multiple fancies in other races without increasing the overall stake.

So whats the final word? Well permutations can be used to increase your amount of winnings and more specifically the chances of your winnings but they should be used sparingly as part of your arsenal rather than in every bet. Experiment with them, try different things and try to find the correct balance between covering every possibility and the cost of doing so. Always remember the golden rule that if you’re going to include a selection the odds offered must be higher than the number of selection you have in that event.

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The Benefits of Online Games for Kids

Kids enjoy playing online games and as a result, they often are glued to their computers for long periods. However, everything that is in excess can prove detrimental to one’s health. Nevertheless, there are many benefits generated from playing games online. As you shop around, you will discover many online games that target young children. Many of these games are interesting. Several scientific studies have discovered that they offer many benefits to kids, including:

· Social growth

Playing them exposes the kids to many people around the world. This can prove fun when they begin sharing with them. Kids get to talk to people, and in the course of sharing they make good friends. As they play and relate, the children gain knowledge, which helps them in social growth.

· Motivation

Many of the cash winning games available online attract a prize where the player gets to win the game. Children love rewards as well as deriving satisfaction in achieving small objectives developed in games. This win boosts their self-assurance making them to acquire some accomplishment. The kids learn how to overcome small objectives and thus, they are motivated to soldier on in the game as well as in real life.

· Multitasking

Many of the online free games for kids involve multitasking. These games involve getting to do several things all at the same time. This helps a great deal in making the kids multitasking experts.

· Reasoning

Playing birthday games among others helps to sharpen the kids mind; many of these games which increase the power of reasoning are commonly referred to as logic games.

· Improve eye-to-hand coordination

According to researchers, playing helps to improve eye-to-hand coordination, which is particularly important for the growth and development of the kid. This attribute is often transferred to real life, making the child very good at coordination.

· Build team spirit

The chance to play team games online helps the children to learn ways of cooperating. They learn the skills and abilities of other people as well as their way of thinking. Furthermore, they get the opportunity to meet different people and learn ways of dealing with them- qualities which are essential in fulfilling particular roles in the real world or in games.

· Improves technology abilities

Children who get the opportunity to play online games improve their technological abilities. This is particularly important in today’s world because the basic skills that are required at the workplace are computer skills and internet literacy.

How it is Possible to Make a Living and Earn $50K Or More Per Year Playing Craps

Are you dissatisfied with your job? Do you feel you should be earning more but do not know what to do? Let’s assume a person earns $25 per hour working 8 per hours per day. This equals $200 per day. Working 5 days per week equals $1,000 per week. Working 50 weeks per year (take two weeks off for vacation) equals $50,000 per year. Not a bad income for most people.

For argument sake, let’s assume I can make $25 per shooter playing craps. Taking it further, making $25 per shooter, betting on 8 shooters per day equals $200 per day. On average there will be approximately 15 shooters per hour at a craps table. In other words, you can make in one hour or less what a person earning $25 per hour makes in a day. Think about it for a moment.

Playing craps professionally requires you to avoid distractions, maintain mental discipline, adhere to precise rules and techniques, and to control your emotions. The greatest reward as a professional is the freedom to “work” your own hours and to be your own boss.

Playing craps as a business avoids typical problems and/or costs. For example, it requires no accountants, bookkeepers or attorneys to operate. You will have no collection problems with receivables, no inventory, no advertising, no “customers” and no employees, which means you do not need to contribute to employee benefits or taxes. Playing craps as a business requires no insurance, licenses, dues or registration. There are no “competitors” playing craps professionally. If anything, you have a commonality with other players at the craps table – – to take money from the casino, not each other. Caveat: Playing craps is gambling! There are no fool proof systems, strategies or methods. You will not get rich overnight. There will be times when you will lose money. How you handle these loses will determine if you will be successful or not. Success requires a lot of patience.

All of this sounds great right? Wrong. Here are some problems with the logic. First, unless you live in Las Vegas, Laughlin or Reno, Nevada you need to live in a geographical area where the local casinos operate craps tables. Phoenix, where I reside, does not. So there is a cost and expense to travel to Vegas to play craps.

Second, you will not win on every shooter. So you need to have a large enough bankroll to withstand some losses. An adequate bankroll is $2,500 of money you can afford to lose. Having an adequate bankroll is a must to ensure you have a proper psychological attitude. Herein is the problem because most people play not to lose instead of playing to win.

Third, the majority of people who play craps do not have the discipline to stick with a betting strategy or to be satisfied with earning $200 per day, let alone per hour. Greed has turned many winners into losers.

Fourth you need to have a betting strategy wherein you can make $25 on each shooter while minimizing your risk of loss. So you need to understand the basics of the game and then some. There are many different betting strategies that will allow you to win $25 on a shooter. Some are better than others.

If you are going to play craps to make a living treat it like a business. Operating any business requires operating capital. Most businesses fail if they are under funded or do not have a written business plan with specific objectives and how they will meet these objectives. Likewise, if you do not have a sufficient bankroll to play craps, you will fail. Also, if you do not have a written plan with specific goals and how you will achieve them, you will fail. If you do not understand these concepts, please do not risk any money attempting to earn a living playing at the casinos.

Several keys to help you succeed include, but are not limited to, the following:

1. Stay at the craps table for short periods of time. Take breaks often to avoid getting tired. Longer stays at the table increases your exposure to potential loss.

2. No system is fool proof. Craps is a game of chance. You can and will lose money. You must maintain discipline and proper money management. You cannot get greedy playing craps. Set daily goals and adhere to those goals. If you win your daily goal, leave the casino. If you lose your daily limit, stop playing and leave the casino. The casino will still be there tomorrow.

3. NEVER GAMBLE WITH MONEY YOU CANNOT AFFORD TO LOSE EITHER EMOTIONALLY OR FINANCIALLY. NEVER BORROW MONEY TO GAMBLE.

4. Never gamble when you are depressed, unhappy, tired or not feeling well. You must be able to focus and concentrate on what you are doing.

5. Never increase your bets when you are losing.

6. Never drink alcohol or take drugs when playing craps. Again, you must be able to focus and concentrate on what you are doing at the tables.

7. Keep an eye on your bets and make sure the dealer has made the proper bets for you. If you call off your bets, make certain the dealer has used the “off” button to indicate so or has taken down your bets. Make certain the dealer has paid you correctly. If you do not catch the mistake in time, it may cause you to incur a substantial loss. Dealers are people, they make mistakes.

8. Treat dealers with respect and courtesy. Tip or “toke” dealers. You generosity will pay off in the long run. My experience has been that if you treat dealers with respect and courtesy and tip them they will watch out for you and they will take care of your bets.

These are only a few points to help you be successful. There are plenty more keys that will help you be successful.

There are many “professional” craps players. You do not generally hear about them because they are very quite about what they do for a living. They do not boast or brag. They do not draw attention to themselves. Most professional craps players are earning more than $50,000 per year. I have met them and I have played with them. The key word is that they are professionals who know what they are doing. So be careful. The entire point of this article is to make you aware that it is possible to make a living playing craps.

By: David Udjat, for Walk Away Craps

Charlie’s Angels Skill Stop Slot Machine Review

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