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Online casino games and multiple betting odds

By admin on 2013-11-20 12:16:05

From time to time we attempt to provide readers of onlinecassino.ie with what we hope are useful online casino tips to help them get the best from their casino games experience. One of the most important elements of all gambling activities is of course to know the odds of you actually winning. This is relatively easy if you are gambling on a sporting event because the bookmakers are generally fairly accurate in setting the odds of a particular outcome and most gamblers will know the odds when they place their bet, but playing online casino games can be a different matter entirely. Some casino games are played for fixed odds, so there is no problem knowing what you are playing for, others such as blackjack require a little more thought but the calculations to assess the odds of a particular card being drawn are relatively easy and we have been through those calculations many times on this site. The most difficult assessment of odds can be in casino games such as roulette in which players often place multiple bets on every spin of the wheel. Roulette is one of the most popular games played at our online casinos, partly because of the option to place multiple bets. Single bets are of course very easy because the pay-out is directly related to the statistical chance of a number or range of numbers coming up, but any multiple betting clearly reduces the odds you are playing for. Take a very simple double bet as an example, a bet on a row at 11/1 with an even money bet on black as a hedge. Even if both bets are winners, the odds are reduced to 11/2 and if only the bet on black is successful you have actually won nothing. Multiple betting on a roulette table is great fun but it is very easy to get carried away with a series of winning spins because you have covered a lot of options, when actually you have actually won very little and any unsuccessful spin costs you dearly. Please be aware of the potential reduced pay-out associated with multiple betting on any online casino game.