Fantasy Football: Harmless Fun or Unregulated Illegal Gambling?

I am not suggesting you should not play, but don’t bet the farm and don’t be fooled into thinking it is a game of skill.

www.fanduel.com (FanDuel Logo)

Game of Skill or Chance?

Now let’s look at the argument that FanDuel and DraftKings run games of skill. Thiscan beproblematic. It does not concernseason-long fantasy football, which usually has a nominal cost, is played among friends, and has fewer legal problems.

Like penny stocks, which are very risky but have huge potential for returns, some football playersare considered”flyers” in that they are long shots, not likely to even play. But reality is far more complex. If nothing else, as a player you should go into it with eyes wide open. In fantasy football, there are nosuchsafeguards. This article concernsdaily or weekly fantasy football that is most often associated with the large operators FanDuel and DraftKings. Players must trust that the fantasy football operators are trustworthy and that information about player health, pricing, and team strategy is madeavailable publicly, and not leaked to a select few for financial gain. Given that fantasy football is much less regulated, and given the large amounts of money involved, you should expect shenanigans. Does he have a grudge against the opposing team that would motivate him to play better than usual? Is the player unhappy and trying to get traded? Obviously, no amount of skill enables you to get inside the head of a player, so all of this information is left to chance.

As with stock trading, access to information in fantasy football gives you an edge. To be a skillful fantasy player, you need to understand all the factors that influencehow well a particular player might perform. But these long shots can pay off in a big way. Or the other team might have injured players and be forced to play second-string defensive backs, which your player’s team decides to exploit by focusing on the pass instead of the run. Sometime coaches bench players who are healthy, to save them for next game or punish them for violating team rules. But, these are just generalities. In snow and rain, teams usually run more than they pass and attempt fewer field goals. Participants earn points based on the performances of the players in real-world football games.

Fantasy football is a big business. Some coaches don’t like to disclose the health of their players because it could give other teams an advantage. Common sense tells you that with the large amount of money at stake, valuable informationwill be leaked. Many rules and regulations are in place in the world of stock trading to prevent traders from benefiting unfairly from insider information. Finally, as shown here, arguing that these contests are games of skill is dubious. There are no external systems in place to prevent fraud or insider trading, other than the internal controls implemented by the fantasy football operators themselves. They are not always true. Teams must report when NFL players are injured. Personally, I consider fantasy football to be a game of skill if I win. The outcome of all theses nuances is not predictable, much as the weather two weeks from now is not predictable with any accuracy.

Fantasy football is controversial. But they are not required to do so. So unless you are an insider, you likely don’t know the true health or status of any player, regardless of your skill.. You make money by buying stocks in companies that outperform expectations. The fact that the operators can manipulate the price of the players makes fantasy football distinctly different from stock trading, and more susceptible to fraud. Sometimes the opposing team might decide to focus on stopping the run that week and instead force the other team to pass. An instructive way to frame this debate is to compare fantasy sports to a similar pursuit in which you make “bets” about the near future using limited funds: short-term stock trading. Or an injury could happen during the game on either side that completely nullifies the favorable matchup. In fact, this has already happened. Second, in fantasy football, “price” is not set directly by supply and demand in the market, as is the case with stocks. Perhaps they are trying to become entrenched before regulators catch on. This can happen when an unknown player gets a chance when a starting playeris injured. If you are playing a running back and you know that the opposing team is weak against the run, you might have a favorable matchup. According to the New York Times, an employee ofDraftKingsused insider information to make bets that earned him $350,000 onFanDuel.[1]

By Paul Cutler from Chaska, USA (IMG_0954.JPG) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

What is Fantasy Football?

Fantasy footballis a popular role-playing gamein which participants pretend to ownprofessionalfootballteams. But players often hide or downplay injuries. But, let’s try to be more subjective. This makes them inexpensive. Otherwise, it is just luck. First, fantasy football is not regulated. Here are just some of these factors:

Players are either fairly valued,overvalued, or undervalued. Is the matchup favorable? This is a an area where you might think that your skill comes into play. They increase sales and profits more than expected, which causes traders to bid up their stock price.

What is the player’s psychological state? Did the player have a fight with his girlfriend the night before the game. The same principle applies in stock trading. Predicting such events is difficult, and arguably impossible.

Speaking of weather, what will the weather be like at game time? Some players don’t like playing in foul weather. It is comparable to stock market operators setting the prices of stocks, instead of letting the market directlydeterminetheir value based on supply and demand.

Is a player healthy? This information appears to be readily available. In any event, predicting the weather at game time is difficult because you usually have to pick your players several days before the gamesare played.

Conclusion

Stock trading is heavily regulated and yet scandals and fraud occur with regularity. Or your player’s team might get behind early in the game and abandon the run for the pass, which can get you points quicker. Almost 75 million people will play this year and spend almost 5 billion dollars.[3]

Sample Fantasy Football Team (espn.com)

Fantasy Football and Stock Trading

In fantasy football, players are like stocks. They know they have a short window of opportunity. The participants select their team rosters in an imaginarydraftin which allNational Football League(NFL) players are available. Think Enron, Martha Stewart, boiler room operations, etc. In fact, FanDuel and DraftKings probably know this, which might explain why they have been in an all-out marketing blitz, reportedly spending $150 million in advertising in just 3 months[4]. If a player is in unusually high demand one week, which indicates he isunderpriced, the game operators likely adjust his priceupfor the following week. They have a value, but unlike stocks, their value is not determined directly by the market, but by bookies – the operators of the fantasy football websites.

So while fantasy football and short-term stock trading are similar, they have some important differences. You win money by betting on (buying or drafting) players you thinkare undervaluedwho then prove your judgement correct by doing better than expected (catching more passes, gaining more yards, scoring more touchdowns). If you know a player is hurt before it becomes public knowledge, you have an edge. Some claim it is online gambling, which is illegal in most states[5], while proponents claim it is a game of skill[2]. Player pricesare setby game operators, who use supply and demand todecidepricing, but indirectly

Casino-Gaming :: Mobile Casino Bonuses For The Players On The Go

Again, there are online sites that have the necessary facilities for sports betting and you get updated with daily schedules on your mobile phone.

With the rise on the number of online casinos, the need for keeping the gambler updated with the latest offers has become necessary. You can use the same account you use for internet wagers to get to access all the information as well as the bonuses on offer. You can play for fun or may want to make some extra money; you will get the casino bonus promotions online as usual. With competition among casinos growing, gamblers can access online casinos from their mobile phones and get regular updates on mobile casino bonus.

Through the WAP or Wireless Application Protocol meant for the mobile or cell phone services to get wireless and telephony services delivered, the gambler remains constantly updated. Earlier, the traditional brick and mortar casinos offered free drinks and meals to entice the gambler, but with the arrival of cell phones, mobile casino bonuses have come to stay. Some of the mobile casino operators would be happy to offer mobile poker games, sports betting on the go as well as mobile betting.

You not only get mobile casino bonus information, but also your account balance and they are all easily accessible. You would be able to figure out which ones is sticker and which ones are less sticky. .

You have to be a prudent and experienced gambler to get to know all about the importance of mobile cash bonuses as there are many hidden secrets behind them. As the links are available online and it depends which ones you want to access, it is best to go through them on your mobile phone to get the best mobile casino bonus. Among the games a player would find classic casino games as well as new games. You can now use the information sent by online casinos to plan your wager on the go. Online mobile casino bonus is meant to attract the gambler to the circuit like the days of old. There are several of the websites from which you can choose which mobile cash bonus suits you best. Besides of the mobile bonus promotions these mobile casinos are offering mobile casino games matching online casinos. With the updates on the mobile casino bonus, you can plan your wager accordingly.

There are many casino websites all over the internet that offer mobile casino bonus for the gambler who is busy and wants to be posted about the offers regularly. Instead of the internet which has a larger computer or laptop screen, you get it on the smaller screens of mobile phones. Some may look very attractive but may have strings tied to them. Mobile casino bonus websites also feature a variety of news on gambling, reviews of features provided by casinos, poker rooms, bingos and casino bonus promotions. Mobile casino bonuses are vital for the gambler on the go as updated information is essential for placing wagers. Depending on the type of phone you use, you just click the button of the link to access the site.

On your mobile phone the various color displays may not be there, but the information is useful anyway as you get regular updates

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Elizabethan Era

Music

As Queen Elizabeth herself was a music lover, she greatly patronized musicians in her court. However, the lower classes could only wear clothes in fabrics like linen, wool, and sheepskin.

Valentyne

John

Richard

Nicholas

Nathaniel

Thomas

William

Stephen

George

Humphrey

Edward

Edmund

Ralph

James

Henry

Although people lived ordinary lives during this era, yet the kind of intellectual achievements and creativity this age fostered can be compared to none in the English history!

Elizabeth

Margaret

Martha

Rose

Rebecka

Dorothy

Anne

Winifred

Sidney

Katherine

Judith

Esther

Susanna

Christian

Alice

Clothing

The clothing in the Elizabethan era was very elaborate. Some of the popular fruits were apples, strawberries, plums, pears and cherries. Fish, meats of pigeons, goose, swan and blackbirds were also eaten along with vegetables like carrots, turnips, leeks, onions, radishes and garlic. And it was not just the elites; people belonging to all the classes became interested in singing and performing. Family ties were very strong among the village people and professions were passed on from one generation to another. According to them, only the queen and her relatives could wear clothing in which golden embellishments were used. Culture, music, clothing, food, customs, literature, and not to mention the famous people such as William Shakespeare and explorers like Sir Walter Raleigh and Sir Francis Drake, have each contributed to make this era very special and memorable in the European history. Women wore dresses which were made of a number of garments. As for desserts, pastries, custard, cakes, cream, and tarts were widely savored. The kind of clothing one could opt for depended a lot on the Sumptuary Laws passed by Queen Elizabeth. Men, on their part, wore jerkins with silk hats and leather shoes. While the lower classes preferred to sing themselves during family dinners, the rich people, who could afford more, hired musicians to play music for them during parties and get-together. Here is a list of some of the popular male and female names of this era. Names such as “Miranda” and “Olivia” were in fact used for the first time by Shakespeare as names for his characters in his plays. William Shakespeare’s plays of this era, usually had poems accompanied by music, which were very aptly used to express all kinds of emotions.

Life

It was the age of the Renaissance so lots of new ideas pertaining to literature, science, education and religion began affecting the way people lived their lives. Of course, that’s not the only reason why it’s called the golden age. Women were considered inferior to men, both in lower classes as well as upper classes, and depended on men for all kinds of support. Padding up the shoulder and the hip area was pretty common. To decorate the banquet tables, models of birds, animals, wine glasses, playing cards, etc, were made out of marzipan and sugar. Religious church music, dance music and ballads were often played at the court. Many new types of theater flourished, and produced some of the best plays in the English language.

Male Names

Female Names

Names

There are many popular names today whose origins lie in the Elizabethan era. . Meats such as mutton, bacon, beef, lamb, rabbit were a preferred choice of the elite. Both men and women were very fashion-conscious. They went to great lengths, such as importing fabrics from all over the world, to use in their clothing. The dresses were designed in such a way that they highlighted the thin waist of the wearer. Long flowing robes were worn by both men and women alike. On the other hand, the rich had a wide variety to choose from. As far as clothing in this era is concerned, there were some peculiarities to it, such as the women aped many of the designs in men’s clothing. The commonly used fabrics were silk, velvet, and fur.

For entertainment, people looked towards theater and sports.

This era of Great Britain is also known as the golden age, and is named after its virgin Queen Elizabeth I. Secondly, slashing of the clothes was done so as to reveal the inner garments.

Some other forms of music that became popular during this era were street music and theater music. Some of the popular ornaments and embellishments used were brocades, laces, embroidery, velvets, ribbons, buttons, and cords. Gambling, hunting, hawking, archery, dog and cock fights, wrestling, skittles, bear and bull baiting, and hammer-throwing were the most popular sports of this era. But mostly, the life of the people in this era depended on the class they belonged to.

Food

The diet, just like anything else in the era, varied according to the social class a person belonged to. Some of the famous musical instruments of this era were – virginal, lute, trumpet, hautboy, big clarions, harp, sackbuts, and viol. Some of the popular theaters were the Globe, the Curtain Elizabethan Theater, the Bull Ring and the Hope Elizabethan Theater, the Swan Theater, Newington Butts, and the Boars Head. The poor people mostly ate fish, cheese, bread, and ale

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Baseball Handicapping Formula – How To Become Great at Baseball Handicapping

There is no license or certification required. For effectivebaseball handicappingyou need to follow a formula. Baseball handicapping is not all based on skill. Follow the game, use a proven baseball betting formula, there are many available. Let’s make it simple and say that a baseball handicapper is a person that analyzes two baseball teams and attempt to picks the winner.

Now a proven winning formula is mandatory. There is no government rating nor is there any real tracking system. This formula must be battle tested. You just start analyzing ball games and select your winners. Don’t confuse being lucky for being good.

I would define the best baseball handicapper a one who is truly knowledgeable on the sports. Be consistent with your bets and use proper money management and you will the best baseball handicapper.

. My feelings on this are not one individual can be giving that title. Part of being a good handicapper is promoting yourself as one. It is better to be lucky than be good, right. They must be up to date with all trades, injuries, trends and current statistics. Anyone can create a formula and start using it, but it has to be tested. Baseball season is very long and there are many ups and downs for every team. The only way to fully grade a handicappers picks is over the entire season.

The bestbaseball handicappersin one who thoroughly follows the game, uses a proven system along with all those miscellaneous variables to determine their selections. Then there are the side variable such as weather conditions, disputes among the players sand mental state of the players. I am a true believe that anyone can be the best baseball handicapper if they so desire. That is the easy part just about all handicappers claim to be the best.

Now you are probably reading this article because you want to know who is best. The only way to test a formula is to use through an entire baseball season. Luck has a lot to do with it. A handicapper that just picks games without close examination is one that I would avoid. You might have a nice run for a week, start thinking you have the best system in the world then lose the next 10 games. A good handicapper will take all this information and plug into their handicapping formula.

Just what is abaseball handicapper? According to Wikipedia: Baseball Handicapping is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. Many get lucky but luck only happens occasional. Remember to distinguish the difference between just lucky and picking the right side. The fact is anyone can claim to be good atbaseball handicapping

Dice Game Instructions

When a player decides to stop on his own, he scores whatever points he got before stopping. If on a throw a person gets the same digit on both dice, the total is doubled while noting scores. Keep a score-sheet as well to note down scores. The dice which show the target number are kept aside. Most of them can be played with as many players as possible to multiply the fun aspect, and the rules are extremely easy to understand and follow.

One-O-Five

This will require every player to have five dice each. They are fun, interesting, and can evoke similar joyous emotions which people experience in childhood. A dice, or for few games, a score-sheet are the only things needed. The player who scores maximum points is the winner. In case nobody reaches the figure, the score closest to 21 is declared the winner. One of the players throws all 3 dice at once. E.g. Each player gets a chance to roll the dice. They can, at times, get addictive, especially the ones involving money and betting, which should be avoided. Again, all dice showing his target number on top are kept aside. Apart from enjoying with friends, they can be enjoyed with the entire family. People also come up with variations of this game by setting the target higher to 36 or using 2 dice.

Ten

This game is known by different names in different countries, like – dicey, spot, zarf and roll-ten. The second player continues by rolling his 5 dice. That is not the case. When turns begin, the first player starts by rolling all his dice together. All numbers thrown before 7 are added up and this is the person’s score. You can decide a target number before the start of play. But playing them as adults can seem a little kiddish or amateurish to certain people. The others place bets on the result of their throw. Try keeping the fun as clean as possible.

Pig

This game also requires a score-sheet and is played with a single dice. It is played with a single dice. Every player in turn rolls the dice, and keeps on throwing till he decides to stop or gets a 1. The best part is that there is minimal inventory required. In case he stops at 1, it is not added to his score. A player continues to roll the dice till he gets a combined score of 7 on both dice. Once a player has achieved his target number on all, he chooses another number and the game continues. The game continues until all 5 dice show the target number and are kept aside. If a person gets 3 and 3, his score is not 6, but 12. If the outcome of the throw, after adding, is less than 10, then all players lose the bet. As children, everyone must have played and enjoyed dice games. Every player gets a chance to be the bank. In case the total comes to be greater than 10, the banker is the loser and has to pay the others their betting amount. When one scores above 21, he is ‘busted’ and barred from the game. The winner is the first player who has set and achieved targets of all numbers from 1 to 6.

Twenty One

This game is the equivalent of the famous card gambling game – blackjack. A variant of this version could be setting a target score in advance, and the first person to reach it would be the winner.. It is believed that this ancient gambling game from Rome was played by centurions responsible for Jesus’ garments during his crucifixion. The objective is to score exactly 21 by rolling as many times a player wishes and adding all corresponding scores. The first player to cross 100 is the winner.

Sevens Out

A player’s luck is tested in this game, and is played with 2 dice. Since odds for the banker losing are higher, most players are reluctant to be bankers.

You can easily improvise and even come up with newer versions on your own. 3 dice are required to play this game. It can be any number from 1 to 6

Yahoo

Oboseala, lipsa energiei Deshidratarea tesuturilor poate face ca activitatea enzimatica sa incetineasca. Imbatranire prematura Corpul unui copil nou nascut este format 80% din lichide, dar procentul scade odata cu varsta. Greutate in exces si obezitate Setea este de foarte multe ori confundata cu foamea. Decide ce probleme trebuie abordate Nu fiecare problema, oricat de mica, merita abordata. Iata care sunt simptomele ca nu bei indeajuns de multa. Berbec 6 stele Numere norocoase: 1 si 9 Taur 9 stele Numere norocoase: 2 si 8 Gemeni 3 stele Numere norocoase: 3 si 7 Rac 5 stele Numere norocoase: 4 si 6 Citeste continuarea pe pagina urmatoare: 1 2 3

Sfatulparintilor.ro | Sfaturi zilnice pentru parinti cu copii inteligenti q

Mikls Horthy, fostul aliat al lui Hitler, s-a cstorit i a trit la Arad. Astfel, fostul lider extremist maghiar s-a cstorit la biserica reformat de pe strada Mihai Eminescu, n cursul anului 1901. Sunt atat de puternice incat este important sa le consideri drept surse vindecatoare puternice care nu prea dau efecte secundare.

Sfatulparintilor.ro | Sfaturi zilnice pentru parinti cu copii inteligenti q

Ultima fotografie cu bieelul Shakirei face furori pe internet! Uite ct de simpatic e Sasha! – Yve Shakira este o mmic fericit i nu ezit s arate asta ori de cte ori are ocazia. Chiar dac att pe trotuar, ct i pe maini este zpad, femeia, ce pare destul de relaxat, nu are pe ea dect o pereche

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. De ce ai pierde ore sau chiar zile intregi certandu-te degeaba? autor: in data 8.01.2016 Bineinteles, nicio relatie nu este perfecta, iar certurile sunt o parte normala a oricarei interactiuni intre oameni. Cum arat conacul-bijuterie n care a locuit cu soia Numele lui Mikls Horthy are notorietate, ns puini tiu faptul c tangenele lui cu Aradul au fost multe. 7 reguli care te ajuta sa eviti certurile cu partenerul - Elle.ro 7 reguli care te ajuta sa eviti certurile cu partenerul – Elle.ro Conflictele nu sunt distractive pentru nimeni. 1. Aceste reguli te vor ajuta sa inveti cum sa relationati unul cu altul intr-un mod mult mai placut. Pe imaginile surprinse cu telefonul mobil de un ofer, ce a oprit la culoarea roie a semaforului, se poate observa cum o femeie de circa 30 de ani, pe jumtate goal, ateapt culoarea verde a semaforului destinat pietonilor pentru a putea traversa. Filmarea a fost realizat chiar n buricul trgului, n intersecia din faa Primriei municipiului Suceava i a fost postat pe pagina de Facebook Zvonuri si adevaruri sucevene. Alcoolul, folosit pentru a extrage constituentii chimici din ierburi sau alimente, se transforma intr-un lichid concentrat care se pastreaza pe termen nelimitat. Colesterol Atunci cand deshidratarea face ca prea mult lichid sa fie extras din celule, corpul incearca sa produca mai mult colesterol

Sfatulparintilor.ro | Sfaturi zilnice pentru parinti cu copii inteligenti q

O femeie a fostfilmat n timp ce se plimba pe jumtate goal pe strzile din Suceava Un fimule n care o femeie apare n timp ce traverseaz strada pe trecerea de pietoni, fiind pe jumtate goal, a strnit rumoare printre suceveni. n urm

Horoscop 2016: Cele mai norocoase zodii Horoscop 2016: Cele mai norocoase zodii Iata care sunt cele mai norocoase zodii din 2016, luand in calcul influenta pe care o vor avea planetele Jupiter si Saturn, potrivit astrologilor de la oroscopodioggiedomani.it. Insa tincturile sunt medicamente. Vedeta i-a dorit foarte mult o familie, ns mrturisete c a fi mam este extrem de solicitant. Castelul de la ofronea a fost construit n urm cu 125 ani i a fost centrul

adevarul.ro q

Cum sa prepari in casa un antibiotic natural care trateaza toate infectiile Cum sa prepari in casa un antibiotic natural care trateaza toate infectiile Tincturile au fost folosite inca din momentul in care alcoolul a inceput sa fie distilat. Tensiunea mare si mica Volumul de sange al corpului nu este indeajuns de mare pentru a umple intregul set de artere, vene si capilare. Toat lumea a remarcat ct de simpatic e micuul Sasha i, drept dovad, postarea a strns peste un milion jumtate de like-uri. Shakira formeaz din 2015 un cuplu cu Gerard Piqu , cei doi avnd mpreun doi biei, pe Milan i pe Sasha. Insa medicina moderna a etichetat tinctura drept remediu babesc asa ca s-a renuntat la ea. Insa conflictele se pot rezolva intr-un mod in care sa nu va faca pe niciunul sa va simtiti raniti sau furiosi. Am cntat n faa unor spectatori

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Ai mare grija! Acestea sunt bolile cauzate de lipsa apei! Ai mare grija! Acestea sunt bolile cauzate de lipsa apei! Deshidratarea apare atunci cand corpul pierde mai multa apa decat primeste. Vedeta posteaz frecvent pe reelele de socializare poze cu familia sa. Spre deosebire de pastile, care continu doar unul sau doua substante chimice, care sunt adesea sintetizate, tincturile raman intregi; ele contin toate substantele benefice extrase din ierburi. De data aceasta vedeta a fost Sasha, ce a aprut ntr-o fotografie alturi de tatl su, Gerard Piqu. Castelul Purgly, cci despre el este vorba, a fost cndva proprietatea socrului amiralului Mikls Horthy. Este unul dintre cele mai dificile lucruri pe care le-am fcut n viaa mea. De asemenea, Horthy a locuit o perioad ntr-un conac situat la doar civa kilometri de municipiul Arad, acolo unde acum funcioneaz un trand cu ap termal. Multe, de fapt, nu merita. Unele lucruri au nevoie sa fie rezolvate, insa cheia este sa te gandesti foarte bine inainte sa le aduci in discutia

Elle.ro q 42 min. Acum acesta a fost renovat de ctre Daniel Negrea, cel care a investit nu mai puin de 2,5 milioane de euro n reabilitare

Casino-Gaming :: Roulette Odds and Betting

Payout is 5 to 1.

There is an additional five number bet that can be made on the American wheel where bets are made on a combination of 0, 00, 1, 2 and 3. Payout is 35 to 1.

For a square bet the odds in an American wheel are 10.53% and in an European wheel are 10.80%. Payout is 2 to 1.

Given below is a comparison of odds between the American and the European roulette wheels.. The American roulette wheel has 38 slots while the European wheel has 37 slots. For a straight bet the odds in an American wheel are 2.63% and in an European wheel are 2.70%. The more risks you take the more you get paid. This is due to the presence of 00 in the American wheel. Payout is 1 to 1.

Due to the house edge difference between American and European roulette wheels the odds are slightly better in the latter. This is something that has to be kept in mind when betting roulette. Payout is 17 to 1.

For high bets, low bets, even bets, odd bets, red bets and black bets the odds in an American wheel are 46.37% and in a European wheel are 48.60%. Understanding the odds is something one has to do first because this is basic as far as the game of roulette is concerned.

For a split bet the odds in an American wheel are 5.26% and in an European wheel are 5.40%. Betting in roulette has its risks and the better you understand the odds the better you can take risks.

For a dozen bet the odds in an American wheel are 31.58% and in an European wheel are 32.40%. Payout is 11 to 1.

Everyone goes gaga over the roulette wheel and the roulette table but the sensible players always lay stress on roulette odds. The odds are 13.16% and the payout is 6 to 1.

For a street bet the odds in an American wheel are 7.89% and in an European wheel are 8.10%. Payout is 8 to 1.

As you can see the odds are reversely proportional to payouts. The house edge in an American wheel is 5.26% compared to 2.70% in a European wheel.

For a column bet the odds in an American wheel are 15.79% and in an European wheel are 16.20%. Roulette odds clearly define the chances to win or lose