Setthi Lotto

A Setthi is a merchant. They are members of the Vaishya caste, a trading community in ancient India. The word setthi, which means nine in Sanskrit, can also mean any merchant, from a farmer to a banker. In recent years, the Setthi lotto has become immensely popular, and you can play it for free online or offline. If you are lucky enough to win, you will be awarded with a prize of one million euros. However, you should know that the odds of winning the lottery are relatively low when compared to other lotteries.

The Setthi lotto game requires players to select nine numbers from a pool of ten. The balls are then randomly drawn, and the first person to match three of their numbers wins a prize. Prize money is shared among winners, and a set of winning numbers can make you a millionaire. There are some important tips that you should keep in mind when playing the Setthi lotto. You should first set a budget before playing. Ideally, you should not spend all of your income on a single ticket. เว็บเศรษฐี is also important to consider the odds of winning so that you can set goals and stick to them.

You can play the Setthi lottery online or offline, and you can do so from anywhere in the world as long as you have an internet connection. Since Setthi is an online lottery, you can play the lottery from a laptop or mobile device, which is completely free. You can even play the Setthi lottery on your phone, which is a safe and secure way to play the game. With so many ways to win, there is no reason not to give it a try. You never know, you might be the next lucky person who wins a lottery. You might even end up buying a new home!

Playing the Setthi lottery is a great way to spend a Sunday afternoon, and it could also give you the chance to win a million-dollar prize. Playing online is cheap and easy, and you can play with your friends. There is no skill involved, and the prizes are guaranteed, so you can play it for free or for real money. The Setthi lottery is an excellent way to enjoy the serenity of Thailand. It’s definitely worth a try!

The word’setthi’ has a variety of meanings in the Buddhist tradition. In Sanskrit, the word’setthi’ means a city man, but also includes a wealthy merchant, a guild foreman, and a farmer. The word also has Buddhist connotations, but in Buddhism, setthi is more commonly used to refer to the trading Vaishya community in Maharashtra. This makes it a great option for anyone wanting to practice meditation.


A fun way to win some extra money is to play the Setthi lotto. You can play the Setthi lotto in your local currency or online, and the prize money is paid out every week. If you don’t live in Setthi, you can also play the Lotto in your home country. It’s safe, easy to play, and can be extremely profitable. A bonus is that you can win cash for spending your spare time in the city.

Producing Canvas Art Prints

Producing Canvas Art Prints

A very recent technology allows for artists’ original paintings to be replicated on canvas. Prior to this an artist who painted an original work on canvas would have to have a reproduction made on paper. Unlike a paper reproduction, one printed on canvas can be displayed without glass and matting, and also looks like an original.

There are two main ways that person can produce canvas prints. They are by canvas transferring and printing directly on the canvas. Both can produce high-quality results, and can be made to look as close to the original as possible.

When it comes to reproducing an artist’s original canvas art prints, it is obvious that the reproduction should look as much like the original as possible. By using several techniques, it makes it easy to produce canvas art prints that look just as good as the original.

Transferring to make canvas art prints is the most common of the two techniques. It begins with a standard, offset paper print that is made in the traditional way from the original. The print is then coated with a series of special chemicals that are designed to allow the paper and the ink to separate from each other. That means when the paper is removed, the ink remains.

The canvass is then prepped with adhesive, and the film is carefully laid on it. Pressure is applied to bond the film to the canvas, which is then set aside to dry. The result is a beautiful canvas art print that looks very much like the original.

Printing directly on the canvas to produce canvas art prints is the second most commonly used method.

Other methods used consist of direct offset printing, where a piece of canvas is run through an offset press; Repligraphy, where a hot-melt color dye printing system is used to create an oil-based film that adheres to the canvas; and Artagraphs, which features a mold of both the artist’s original brushstrokes and textures.

How can you tell if a piece of art is the original or a canvas art print reproduction? Although it may seem hard, there are clues that someone can use to tell what is real and what is a copy.

The first is to look for limited edition print numbers, which are normally found at the bottom of the work in xx/yy format. When producing canvas art prints, a reproduction often leaves this out.

Canvas art prints are usually completely flat or have small applications of hand-applied paint that is referred to as highlight. If the canvas art print is flat to the touch, then it’s probably a reproduction. Originals mostly include areas of texture.

Highlights can be obvious to see. A hightlight can be simply a small dab of paint, which is quite different from an artist’s actual brushstroke.

Other options include using a high-powered microscope to look for standard dot patterns and/or calling a gallery to see if they have someone who can identify your canvas art print as an original or a reproduction.

Article Marketing And Internet Marketing Go Hand In Hand

Article Marketing And Internet Marketing Go Hand In Hand

Internet marketing and article marketing are not the same thing, because internet marketing is a broad concept with many smaller concepts beneath it, and article marketing is one of those smaller facets of internet marketing. The reason why these two concepts go hang in hand is because no internet marketing campaign is complete without some form of article marketing. Internet marketing and article marketing go hand in hand because using articles to market yourself, your website or your affiliate products is absolutely vital in creating a complete internet marketing solution.

There are numerous different types of internet marketing that you can take advantage of to get their name out there. However, most forms of internet marketing have costs of some sort, because advertising isn’t free. That is, advertising isn’t free unless you are advertising through article marketing. This unique form of marketing was popular long before ecommerce was a big thing. For as long as mass print methods have been available, businesses have been marketing themselves through article creation, by offering something of value to print medium like widely read newspapers in exchange for a byline or a small advertisement. When it come to ecommerce and internet marketing, article marketing is an excellent means for getting information out there and creating powerful links back to your website or affiliate products.

When it comes to article marketing, there are numerous benefits and features to consider.

– This form of marketing creates powerful links from popular websites back to your website or affiliate products. The more links you have coming to your website from other sources, the more powerful your website will be in search engine page listings like Google.

– By providing value in the articles that you create, you will be establishing yourself as a trusted authority on the keywords, niches or subjects that you are writing about. When readers know they can count on you for real, honest information, they will keep coming back for more.

– By adding a byline or resource box to your content you will be giving potential customers a way to contact you after reading your valuable content. Not only will this create powerful links, but it will also help connect additional traffic to your website that you would not normally be able to get.

– By creating articles optimized for search engines you will be improving your overall traffic and even your overall page rank by submitting to content sites with high page ranks and authority.

For these reasons, it is absolutely vital that article marketing be a facet of any internet marketing plan that you put together. While there may be a variety of different ways to market your internet site, one of the most powerful is to use valuable, easy to read article content with a call to action for readers who appreciate your work to visit your website for more information, products, a newsletter, and so on and so forth.

ILLEGAL FORMS OF GAMBLING..WHAT ARE THEY?

ILLEGAL FORMS OF GAMBLING..WHAT ARE THEY?

Gambling can come in many different forms and manner, carrying with it risks of varying levels. An individual can gamble and can bet on all sorts of things. Gambling is currently very popular and continues to expand around the world.

Legal forms of gambling are those that are being run directly by charitable institutions, companies for profit or government agencies.

Whereas illegal forms of gambling are those by which bets are placed on underground gambling services, the internet, being such. Gambling among peers or associates such as playing poker or pool that includes real money betting is also considered illegal.
Each City or State has complex rules that dictate legal or illegal gambling. Here are different forms of gambling:

*Casino. This is a form of gambling rapidly growing especially in the internet, as an online gaming site. This is a set up, usually referred to as “the house” wherein players can play in such games of chance, which include slot machines, poker, black jack, keno and roulettes.

*Sports betting. In other parts of the world, this is considered legal. Here in the United States, betting on individual sports events is accepted only as legal in Nevada. This is partly because of the possibility for such events to be “fixed”. As certain cases does happen when gamblers pay sports teams to lose in the game.

*Horse racing is the most common type of legal gambling. This is presided over by the pari-mutuel, or French for mutual stake. This system works in such a way that all the betting is place in a fund, where it will be divided among winning bettors, minus a certain percentages that will go to the track.

*Lotteries. This works such that tickets are being sold for a certain set of amount. A portion of the proceeds is given back to the winners, through random draw process. In most cases, while other players choose their own numbers, others allow the computer to pick numbers for them.

Such type of gambling offers different games. There are instant scratch tickets, wherein an individual may win instantly with the right combinations on the ticket and super lotto’s that offer increasing jackpots until such time that there is a winner. Eighty percent of States in the U.S. have laws that allow lotteries run by government. Thus, twenty five percent of all legal gambling revenues are from lottery.

*Other forms of gambling include bingo, dog races, pool, playing mah jong and the stock market.

Gambling can be seen everywhere, especially today, where the internet offers a lot of sites where such forms of gambling can easily be accessed. This is why it is important to carefully assess the site or the place that you are in, before making any move.

RPG System: Achieving your Game Objectives Successfully

RPG System: Achieving your Game Objectives Successfully

A game makes a child happy and keeps him or her pre-occupied. It is an activity that brings not just fun and entertainment but also several lessons in life. You might notice it when you were still a child, but you learned to follow rules, face challenges, and interact with your playmates—which are all vital things that a responsible human being should learn. It involved physical and/or mental simulation, which helps you develop practical skills and other aspects of your personality.

Thus, a game is not just about pure entertainment. As previously mentioned, it helps you develop your overall personality—how you will act on a particular situation, how you will decide on a particular instance, and how you will solve a problem. Depending on the type of game that you want to play, it can enhance either your physical or mental ability, or sometimes both.

Probably you are familiar with an RPG or a role-playing game. This is a type of game where you assume the roles of a character and produce stories. You will be the one to determine the actions of your character/s based on its own personality, and the success or failure of such actions will depend on the system of rules and regulations of the game. Thus, in an RPG, you have the freedom to improvise your characters and what its destiny would be as long as it is within the game’s rules and regulation. The choices that you will select for your character will shape the direction as well as the outcome of the game.

What makes RPG unique to other types of games (board or card games) is that it rarely has losers or winners. It is more of a collaborative and interactive type of gaming than competitive. Although there are competitions that may arise, a typical RPG unites you and other participants into a team (which is known as party) and play as a group in which you share the blessing of each success that you will achieve as you play the game.

Part of playing an RPG with fun and learning is to be aware of the mechanics of the game, or also known as a role-playing game system. The game system used in RPG is roughly similar to the game engine (the core software component) of a video game.

The RPG system can take several forms.

• A generic role-playing game system is independent of the setting and genre of the game. The rules and regulations will work the same way as for any setting that you would want to play. One of its advantages is that you only need to purchase and learn from one main rule book, which will help you save time and money. Since the settings share a huge set of features (like the way your character move and fight), you need not learn such basics when you are in a new setting using the same generic rules.
• There are game systems that depict a particular genre or style of play (such as Dungeons and Dragons).
• There are also systems that are not genre-specific yet come bundled with a particular campaign setting (such as the RuneQuest).
• The D6 system is one of the popular role-playing game systems, where it makes use of a 6-sided die to determine the attributes or raw abilities of a game character in a certain area. The D6 game system represents six main attributes; 3 of which represent physical characteristics (Physique, Coordination, and Reflexes) and the other 3 represents mental characteristics (Knowledge, Perception, and Presence).

All RPG systems require the participation of a GM or game master. They commonly create a certain setting for various game sessions, depict most of its inhabitants, and act as an intermediary or rule arbitrator for players. The rest of the game participants that are within the control of a GM are the player characters, which may collectively form a “party”.

The game master will field a story goal for the players to fulfill through the actions of their in-game characters. It involves interaction with NPCs (non-player characters), other occupants of the game world (which is commonly played by the GM), puzzle-solving, combats, and negotiations.

A role-playing game will provide the entertainment that you are looking for, in addition to the enhancement of your overall personality. You should learn the game system so that you can achieve your goals in a role-playing game.

AN OVERVIEW OF ONLINE GAMBLING

AN OVERVIEW OF ONLINE GAMBLING

Now online: online gambling.

Just like any commercial market today, gambling also took its chance of having to saturate a broader area of gaming through the Internet.

Nowadays, there are as many online gambling games as there are gambling games. Every kind of gambling game has their online counter parts in the Web. From poker to sports betting, every gambling activity seems to be online.

Most proponents of online gambling assert that online gambling is just as safe as gambling in known casinos in Las Vegas and Atlantic City. Just like the usual casino, online casinos are also required to have their licenses and permits before engaging into online gambling.

By doing so, online casinos are systematically regulated and audited by professional firms. All online casinos use the secure e-cash facilities, in cooperation with the credit card companies, so that the customers are being protected from unauthorized use of credit cards or from cases of identity theft.

Generally, online gambling in an online casino will entice new players by requiring them to deposit an amount by offering bonuses. An online casino that will offer you a free $100 for a $50 deposit is a good example. In this manner, more people believe that online gambling offers better chances than real-life gambling. However, this poses more risk in getting addicted to the game.

For people who want to play online gambling, deposits can be made through credit cards, fire pay, or 900 pay. Fire pay works like an ordinary online debit card. Normally, the player places money into the account and can be spent to any online merchants. Funds can be deposited through wire transfers. 900 pay, on the other hand, is another way of depositing money by calling a 900 number and the amount that is to be deposited is charged to the player’s phone bill.

What’s more, online casinos are further classified into two groups based on their interface. Online casinos could either be web-based or download-based.

Web-based casinos are forms of online gambling wherein users may directly play online casino games without having to load any software to the local computer. Online gambling is mainly presented in the browser plugins like Macromedia Flash, Shockwave, or Java.

On the other hand, download-based online casinos are the most common online gambling sites in the Web. Here, online gambling users have to download certain software in order to play the casino games. And because it has pre-downloaded software, it is faster to initiate casino games on it compared to web-based casinos.

All the same, and due to the basic nature of online gambling, any transactions with it are vulnerable to fraud. There are online gambling known as rogue casinos wherein these sites refuse to pay the customers or contains a cheating software.

Plus, there are other ways of frauds in online gambling. Most of these cases are player-based. Players who want to cheat usually uses Adobe Photoshop or a comparable tool to maneuver the graphics of a slot machine screenshot in order to deceive the casino into thinking that the player just hit a jackpot.

Whatever forms of deception, it is evident that frauds are more likely to happen in online gambling. And if in any case, players get to be addicted in playing online gambling, they must remember that their obsession did not happen by mistake.

Online gambling is a highly interactive game, meaning whatever choices players make are based on their own prerogatives. So, however enticing online gambling can be it is a must that players must know their own dispositions so as not to be deceived.

Books for Beginners to Advanced on Airbrush Art

Books for Beginners to Advanced on Airbrush Art

When looking to learn on your own about airbrush art then reading is one area where you can gain a wealth of information to help you learn more. There a lot of great books out there that will help you from the beginner level of experience all the way through to the expert level. Books designed to teach airbrush art can be used alone or along with magazines and videos. To get you started are the following books covering beginner and advance information on airbrushing.

If you are just now looking into learning airbrush art then Airbrush by Parramon’s Team is your best bet to start with. The book explains all about airbrushes and the uses of airbrushes. Instructions are also included in the book on how to use each airbrush. So someone who has no real prior knowledge this book will help you understand the airbrushes that you will be using when creating airbrushed artwork.

Getting Started in Airbrush by David Miller is also a great beginner’s book on airbrushing. The book will give step-by-step instructions on the basic level of airbrushing techniques and how to create different effects with your airbrush art. By reading this book you will learn about the equipment and other materials that you will be using. The effects that you will learn about include freehand, edge effects, highlights, lettering and several others.

How to Airbrush T-shirts and Other Clothing by Diana Martin is good for beginners or can be used by the more experience airbrush artist who wants to learn the techniques used for airbrushing textiles. This book contains information on all the equipment, materials and techniques needed to create airbrush art on textiles. With 18 step-by-step guides you will be fast on your way to showing off your work on clothing.

Professional Airbrush Techniques by Vince Goodeve will teach you some pretty intricate designs. This book will help you learn how to prepare metal surfaces so that you can begin to learn or advance with airbrush art on motorcycles and cars. While the book will teach you some intricate designs do not worry though cause the book, also has some simple projects that you can start with when working with airbrushing motorcycles and cars.

If you are at an intermediate level with airbrush art then The Ultimate Airbrush Handbook by Pamela Shanteau is for you. This book will show you all about airbrushing everything from t-shirts to home interiors. Almost all surfaces for airbrush art are covered at the intermediate level in this book. Airbrushing nails to airbrushing cars is explained in great detail to help you advance further no matter what surface you like to put your airbrush art on.

Airbrush2: Concepts for the Advanced Artist by Radu Vero will help to teach the experienced artist more advanced techniques. By learning these advanced techniques the artist can start to create even more complex airbrush art. After all in the world of art there is always room to learn more and advance one’s way of doing something to create a whole new aspect for the current art.

BK8 Online Casino Review

If you’re wondering what BK8 means, here are some of the possible answers. BK8 is short for Timed backup file for document window 8, and its full name is WordPerfect for Win. While the full name of this application is unknown, it is a common term in the computing and file extensions world. Here’s a brief explanation of what BK8 stands for. Using this software is secure, so you don’t have to worry about exposing sensitive information.

The Gambling Commission has not commented on BK8’s suitability for UK players, but they do investigate all gambling companies. The commission is particularly concerned with who owns BK8, and whether they conduct criminal background checks and look for alternative sources of funding. Since nobody wants to say exactly who owns BK8, we’re left to speculate that it might be ProgressPlay, the company behind the popular gambling website. BK8’s UK gambling licence was obtained from ProgressPlay, which allows the company to advertise on Norwich City football team shirts. ProgressPlay is an offshore gambling company that operates under a white label in the UK, allowing them to use BK8’s name in a non-traditional way.

A BK8 account will give you access to a plethora of games, including live casino gameplay. There are many promotions, and players can take advantage of them. The best part is that BK8 offers a special bonus code just for new customers. If you’re wondering what BK8 is all about, the site is easy to navigate and offers a wide variety of entertainment. bk8 what kind of player you are, BK8 will have something for you!

The BK8 online casino offers a wide variety of gambling options, including virtual sports, and over 25000 live football matches. As you can see, the gambling options at BK8 are plentiful and well-organized. You can choose from virtual sports, lottery games, poker, and fishing games. And, of course, there’s a huge number of games to play and win. BK8 also supports a number of conventional payment methods, including credit cards and debit cards. Deposits are completed within 5 minutes. Bitcoin and Ethereum are accepted, and a range of other major cryptocurrencies are available for depositing.

If you’re looking for a high-quality casino, BK8 is worth checking out. You can access their games on a mobile device or your desktop computer. The website is secure and operates on SSL encryption for your security. To make sure you’re not at risk, BK8 has a 24-hour live chat support system and offers a generous bonus scheme. It’s easy to find a game that suits your mood and personal preferences, and you’ll never have to worry about losing your money.

BK8 accepts bank transfers from most countries in Asia. The website also lists eWallet options. While Help2Pay is a popular choice across southeast Asia, BK8 does not support them. BK8 accepts four currencies. For those interested in purchasing BK8 games, visit the official website today to sign up for an account. There are many countries in Asia where BK8 has localized websites. It also accepts payments from international bank accounts.

Financial Services Marketing Insights

Financial Services Marketing Insights

What we now call “marketing” began long before the name was coined. In the mid-1800s, traveling salesmen dressed “snake oil” and other tonics in fancy packaging and extolled their virtues to a gullible public. New marketing applications soon proliferated in the belief that marketing could make many new things possible in virtually any business situation. For more than a century, implementation, experience and ultimately strategy have helped marketing evolve from crude beginnings into today’s sophisticated practices.
Consumer product firms have been the pioneers in the marketing field and have taken the undisputed lead as the creators of marketing’s best practices. While sophisticated marketing techniques have spawned consumer giants, most financial services firms had to be dragged, kicking and screaming, into the era of sophisticated marketing.
The Advancing State of Financial Services Marketing
Financial services marketing has, however, evolved rapidly over the last decade. As a result, the very nature of the marketing function in financial services firms is undergoing a dramatic modification as more attention is paid to marketing-driven processes that impact the entire firm. Our observations suggest that the more progressive financial services organizations are currently going through an intellectual and practical transition that is forcing the reexamination of the role of marketing within their firms. Many have begun to realize that financial marketing responsibilities include not only developing the firm’s mission statement and key messages, but also defining its business focus, relevant differentiation, competitive advantages and value proposition.
At the same time, however, a number of financial services marketing directors must engage in long-term turf battles with other departments before they can implement worthy financial marketing initiatives that will help accelerate the achievement of corporate goals. In many financial organizations, the persistent problem of differentiating financial marketing from sales still remains largely unresolved. In addition, some financial services marketing directors must still enlist substantial management support just to maintain equilibrium and obtain the opportunity to accomplish even limited objectives.
Focusing on the Customer
Peter Drucker, a sage of the financial marketing discipline, discussed customer defined value almost 50 years ago. During the last decade his concept of a customer-centric focus has become part of popular marketing literature and is now the guiding principle of financial marketing. Drucker’s fundamental mandate that ‘the customer’s interests must come first’ can be summarized by the following statements paraphrased from his extensive writings:
The only valid definition of business purpose is to create a customer.
What the business thinks it is producing is not as important as what customers think they are buying; what customers consider to be value is decisive.
Every business has only two basic functions: marketing and innovation.
Marketing is your whole business as seen from the customer’s point of view.
While easy to articulate, customer-centric practices are difficult to implement in most financial services organizations. Obstacles include a prevailing product-push mentality, a focus on short-term profitability, under-investment in financial marketing activities, and the lack of solid market intelligence about the needs and wants of target markets. We believe, however, that in the future the most successful financial services marketing organizations will be those that make Drucker’s principles their own through extrapolation, adaptation and creative application. As effective financial marketing evolves to a cross-functional, multi-disciplinary activity, successful firms will create a culture of customer orientation throughout the organization and incorporate advocacy for customer welfare in all corporate decision-making.
With the financial services industry currently going through a transformation, management’s challenge is to provide the leadership to displace the status quo and create a culture of opportunity. Early adaptors who apply the concept of “integrated marketing” on an organization-wide basis will not only develop a customer-orientated culture, but also create opportunities for innovation, improved performance and incremental profitability.

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

The house edge, which is the commission that a gambling agent such as a casino, a sportsbook (bookmaker), or a lottery administrator charges, is a yardstick that measures how a specific gambling game is fair and reasonable. It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent’s pocket and how much is redistributed to the winners.
Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a knowledgeable gambler.
In this article, we shall compare, in the simplest way possible, the house edges of a roulette, an evens-odd betting, and a Cash 3 lottery game as representatives of the three major gambling categories.
The Equation
The easiest way to compute a house edge is to compare the actual winnings that are paid by the respective agents to the winnings that would be paid in a fair game or bet. A fair game or a fair bet is one in which no commission is involved; an obvious model is a game between friends. Therefore, in percentage form, the house edge is obtained by subtracting an actual game winning from a fair game winning and dividing the result by the fair game winning, finally multiplying by 100. Thus,
House Edge = [ (fair game winning – actual game winning) / fair game winning ] * 100
Roulette
Because of its simplicity and popularity, we shall consider the roulette as a representative casino game. A European roulette wheel has grooves marked by the numbers 0 to 36; the American wheel (also called Las Vegas wheel) has an additional groove marked as ’00’. So, the European wheel has a total of 37 numbers, while the American wheel has 38. Internet casinos usually make available the option to select the type of wheel the customer prefers, but the brick and mortar casinos normally offer only one type. The winning number in a roulette game is the number corresponding to the groove where a spinning ball lands.
Now, consider a fair game in which 38 friends are playing the roulette at home, and each one selects a number and places a $1 bet on the number (no two or more players wagering on the same number). When the ball is spun and lands in a groove, the number marking that groove will be the winning number. The person who has selected this winning number collects all the money on the table thus making him win $37. On the other hand, if the game were conducted in a casino, the winner would be paid only $35. The difference between the two winnings applied in the above equation gives us the house edge of a roulette game as
( 37 – 35 ) / 37 * 100 = 2 / 37 * 100 = 5.4%
This means that every time you spend a $100 on an offline or online casino roulette, $5.40 goes to the casino and the rest is redistributed to the winners. Evidently, there are quite a number of casino games and the house edge varies from game to game, many of them having a house edge less than that of the roulette. For obvious reasons, a good gambler always prefers games that have low house edges, while the casino itself loves those games with high house edges. For example, the house edge of craps is 1.4% which makes it one of the most preferred casino games by the players.
Even-odds Sports Betting
Again, because of its simplicity, we shall consider an even-odds betting as a representative of this category of gambling. By even-odds we mean that the event (usually a sports game) has equal chances of going either way. An example is a tennis match between two competitive players each of which has an equal chance of winning the match.
A fair bet, in this case, is just a simple bet between two friends who just pick one of the tennis player as winner. If these two friends wager $1 each, the winner will collect $2, thus winning $1. If instead the bets are placed through a sportsbook, the winner will collect only $1.91, since the odds of an evens game at most bookies and online sportsbooks is 1.91. If you are not familiar with the decimal representation of odds, 1.91 is the same as 10/11 in UK notation and -110 in US odds notation. Odds of 10/11 mean that you’ll win $10 when you wager $11; and odds of -110 mean that you have to wager $110 in order to win $100. Anyway, since the winnings paid by a sportsbook is only $0.91, the house edge of an even-odds betting will therefore be
( 1 – 0.91 ) / 1 * 100 = 0.09 * 100 = 9%
So, this is how sportsbooks make a living. Since several internet sportsbooks offer odds higher than 1.91 in order to lure bettors, the house edge could be smaller than 9%, which is one of the things that the bettor should be looking for when searching for a sportsbook. On the other hand, if the bettor is wagering on parlays the house edge would be significantly higher than 9%; for big parlays, it could go as high as 40%.
It should be apparent by now that the gambler is better off with casino games than sports betting. It should also be noted that while the house edge could be a major factor to consider while selecting a gambling game, it is by no means the only one. For instance, one should consider the fact that casino games are mostly games of chance, while sports betting also involves a learned decision in selecting a pick, consequently leading to a higher probability of winning a bet.
Cash 3
Depending on the state you are in, this lottery game may be known by a different name such as Pick 3, Play 3, Daily 3, etc. In this game, the player selects a three-digit number from 000 to 999, and plays the number as a straight or as a box. A straight play is a prediction that the number will come exactly as selected while a box is a prediction for the number to come in any order. For instance, if a player selects the number 672 and plays it straight, he/she will win if the number drawn is exactly 672. Instead, if the player plays 672 as a box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in any order (276, for example). Obviously, a straight game pays much more than a box game for the same amount wagered.
Now consider 1000 friends (maybe in a club) selecting a number as a straight, each for $1, so that all the 1000 possible numbers are covered. When the winning number is drawn, the person who has selected that lucky number will be deemed a winner and will cash in all the $1000 collected, so making him win $999. This is a fair game. In the case of state lotteries, however, the winner will be paid only $500 in most states. Some states may pay a little bit less, others may pay a little bit more, but $500 is more or less the standard. The winner therefore wins $499. The house edge for a Cash 3 game will therefore be
( 999 – 499 ) / 999 * 100 = 500 / 999 * 100 = 50%
This house edge applies not only to the Cash 3 game but also to all state lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc. So, whenever you are playing the state lottery, remember that you are wagering only half of your money on the actual lottery; the other half, you are just giving it away. Where this other half goes is not the gambler’s concern, since his/her main objective is to win some money in order to pay the ever present bills, or to get out of a miserable life, or to change his/her 20-year-old car. As regards contributing to education and other noble causes, there are other means of collecting money called taxes and charities.
Unfortunately, many states do not allow casino games, and furthermore, sports betting is illegal in the United States. The player is therefore left with no choice but to cross state borders in search of a casino, or more recently, to engage in online sports betting through the several offshore internet sportsbooks. Nowadays, there is a plethora of trustworthy online casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and so on.
The Conclusion
As far as the house edge is concerned, it has been shown that casino games are the best choice for the gambler. On the other end, any state lottery is a pretty miserable game to play. Nevertheless, besides the house edge, there is also the possibility of winning to consider.
Casino games, like lotteries are mostly games of chance; the player just selects a number or numbers and waits to see what luck brings him/her. There is absolutely no basis to prefer one number to others. Some people try to analyze previously drawn numbers in order to see the trend and predict the next numbers. This strategy may work a few times, but not always. Keep in mind that it is the players, and not the machines, who remember the previous numbers. In short, the possibility of winning a roulette or the lottery entirely depends on luck.
While there is little or nothing that a roulette or a lotto player can do to initially select a possible winning number, the situation could be quite different in the case of betting. With a lot of information and some assistance from sports handicappers, it is possible to predict the outcome of a sports event with more certainty than predicting a Cash 3 number.