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The week in pictures: September 23-29, 2014

Sep 30, 2014

week24092014

The week of September 23-29 was full of events and news, some quite unexpected. From tech and science to art of all sorts, the past week delivered plenty of news and mostly good.

So, let’s starts with the good news first. Paris Fashion Week took place and it was, as always, extravagant: extravagant models, extravagant designers. Speaking of which, ex Posh Spice, Victoria Beckham had a speech at the UN at the same time her new fashion shop opened in London. A new social network, “Ello”, popped-up and apparently wants to be serious competition for Facebook. India has put a satellite on orbit around Mars and they are the first country in Asia that managed to do that on first attempt. For the first time a woman played prince Hamlet of Denmark in Manchester and congratulations are in order for actor George Clooney and Amal Alamuddin since they are now husband and wife.
On a not so happy side of the rainbow, The Shellshock bug made us change passwords again and iPhone 6 has an… unexpected bendable headcase.

Good and bad news for gambling too, I guess, but you can check that yourselves, in the pics below.

1.They keep saying that gambling is an art… The owner of the Museum of Old and New Art in Tasmania reinforces the saying by planning to build a casino on the island.

You're invited to try your luck... here

You’re invited to try your luck… here (Photo: 365tasmania)

2. Poker player Achilleas Kallakis thought he can play bankers as well but the game isn’t over and he’s looking at another seven years in jail unless he returns GBP 3 million within six months.

3 million pounds or 7 years in jail?

3 million pounds or 7 years in jail? (Photo: Irish Times)

3. Steve Wynn won the licence for building a casino in the Boston area and started rubbing his victory in competition’s face because that’s just what some winners do.

In your face,  Mohegan Sun!

In your face, Mohegan Sun! (Photo: HeraldSun)

4. All week-long, football fans and punters checked the odds for matches taking place on Wednesday in Champions League. Online bookmakers are waiting you to place your bets.

Don't forget to bet on Wednesday!

Don’t forget to bet on Wednesday! (Photo: UEFA)

5. UK bookies had their share of problems in 2014. But sunnier days have to arrive because as long as there is Britons and football, there will be UK betting.

Betting companies don't have it easy in the UK

Betting companies don’t have it easy in the UK (Photo: DailyMail)

6. A drug smuggler was finally captured and the, now safer, world owes it all to poker. Robert Knight, one of UK’s most-wanted couldn’t stay away from the game and police just had to exploit his weak spot.

Suspected Drug Smuggler Arrested While Playing Poker in Spain

We’re wondering if Mr. Knight had any luck at poker that day… (Photo: ukwirednews.com)

7. Campaign managers most definitely should start visiting online betting sites more often because, apparently, political oddsmakers are the best sources for predictions on the 2016 Presidential Election.

Odds are never wrong

Odds are never wrong (Photo: CBS)


 

So, that was last week but gambling news are always fresh. Check our top stories section!

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Craps, baccarat, blackjack: The best odds in the house

Jun 10, 2010
Blackjack Girl

Table games are intriguing and fun. Quite possibly if you play correctly, your knowledge can also be turned into winnings. Too may players, however, go into the games ignorant of the hard numbers involved in some of their favorite games, these players surely often go away surprised, wondering where things went wrong. Arm yourself with a little knowledge, as below run a few of the more favorable odds you can get in craps, baccarat and blackjack.

Though most of the time in craps the house has a massive advantage, but craps does in fact have the single best bet in the casino in terms of favorable odds: the “odds” bet. This carries payout odds of exactly 1/1, the only time you’ll get these odds at the casino outside of the “double up” option in some video poker games.

When you beat “odds” in craps, you are making an additional bet that the “point” is rolled before a seven comes up. The odds vary on what the point is, from 6/5 on a roll of 6 or 8 to 2/1 on 4 or 10. Though statistics say the 7 will be rolled most often, these higher payouts on the “odds” bet balances out the house advantage to exactly 50/50.

Unfortunately, most online gambling sites – like most real-life casinos – require you to make a “pass line” bet first. To get this back in addition to winning at the “odds” bet, well, that’s where luck comes in.
Baccarat is mostly a game of nerves in the European version and mostly entirely up to fate in the American version. Almost all strategy is taken for granted, e.g. the dealer always hits a 3 if the player’s third card is an 8, and the only possible bluffing in the European game happens when the player holds a 5.

Boring but true, then: With a payout of 1/1 on the player, this is your best bet, though ties are to statistically occur between 4% and 5% of the time, so please know the rules and payouts of the particular online casino you’re playing at.

Blackjack is said to have the smallest house advantage of all casino games, a margin of just 1% in favor of the dealer. This advantage is the result of the player busting on hands over 21 before the dealer must take cards. Whether the deals hits or stands on soft 17, regardless of split opportunities and insurance, the player is done just 1%.

Therefore, the best bet you can make in online blackjack are simply the bet you *don’t* make. In one word: Insurance. Buying insurance is the great majority of the time throwing away your money and this extra bet does nothing to swing any odds in your favor. Steadily buying insurance, even if you “win” the expected number of times, just decreases your bankroll.

While the house is believed to always win, this need not necessarily be the case. Simply play smart, always remember what the best bets are, and think about what you’re doing as you play at the casino. Some thought and preparation now means playing money later.

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