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STUDENT SECTION

Ready to talk about the "true odds" bets?

^{Oh
don't be such a wuss. The true odds bets are fun to learn. They are based on the
combinations of a pair of dice such as the amount of
"ways" we can roll a number verses a 7.}

^{Example:
There are five ways to roll the 6. There are six ways to roll the 7. Therefore
the odds of winning when the point is 6 on the pass line are 6 to 5 (6:5)- The
wager we bet behind the pass line is called an odds bet. In this example each $5
would win $6 and the original pass line wins even money.}

^{TELL
ME MORE, NEXT QUESTION PLEASE}

Question 32

^{The
"true odds" wagers are based on the combinations of a pair of dice
such as the amount of "ways" we can roll a number verses a 7.}

^{Example:
There are five ways to roll the 6. There are six ways to roll the 7. Therefore
the odds of winning when the point is 6 on the pass line are 6 to 5 (6:5) The
wager we bet behind the pass line is called an odds bet. In this example each $5
would win $6 and the original pass line wins even money.}

TRUE FALSE

Wrong answer #32

TRUE!

^{The
"true odds" wagers are indeed based on the combinations of a pair of
dice such as the amount of "ways" we can roll a number verses a 7.}

NEXT QUESTION

Question 33

There are six ways to roll a 7

There are five ways to roll 6 or 8

There are four ways to roll 5 or 9

There are three ways to roll 4 or 10

TRUE FALSE

Wrong answer #33

^TRUE!

^{You
better memorize this}

There are six ways to roll a 7

There are five ways to roll 6 or 8

There are four ways to roll 5 or 9

There are three ways to roll 4 or 10

NEXT QUESTION PLEASE

Question 34

So if there are three ways to roll a 4 or 10 then the odds must be 6 to 3 (6:3) against a 7 and the same theory holds true for the 5 & 9 being that each one can be made four different ways thus the odds against a 7 are 6:4 ....In a nutshell....

4/10....6:3 odds

5/9......6:4 odds

6/8......6:5 odds

TRUE FALSE

Wrong answer #34

^{Yes
it is true. The odds are indeed based against the 7 of which there are six ways
to roll.}

4/10....6:3 odds......this is reduced down to 2:1 (6:3 & 2:1 are the same)

5/9......6:4 odds......same thing here, 6:4 reduced down to 3:2

6/8......6:5 odds......Can't reduce these numbers. Must remain the same

Whatever, next question please

Question 35

When we talk about odds try to remember that the first number is what you win and the second number is what you wager.

Example, 6:5 odds - You will win $6 for each $5 wagered.

Now lets check out a horse race shall we? Of the odds offered below, which is favored to win?

3:2 2:1 9:5 7:5 6:5

Click here next

Answer for #35

3:2 2:1 9:5 7:5 6:5

^{Sure
hope you picked 6:5 for that would be the favorite and the 2:1}

^{would
be the underdog. Now, assume we wagered $10 on each.}

A $10 wager @ 3:2 = $15

A $10 wager @ 2:1 = $20

A $10 wager @ 9:5 = $18

A $10 wager @ 7:5 = $14

A $10 wager @ 6:5 = $12

As you can see, the 6:5 horse or whatever pays the least thus makes it the favorite to win over the others and the 2:1 wins the most thus should be considered the 'long shot'.

Click here next

Question 36

Here is another horse race. What horse is favored to win?

3:2 2:1 9:5 7:5 2:3 6:5

Click here next

Answer for #36

3:2 2:1 9:5 7:5 2:3 6:5

Remember, when studying odds, the first number is what you win and the second number is what you bet.

Did you pick 2:3 as the favored horse in our hypothetical example?

Should have because whenever you wager more to win less you are betting on the 'heavy' favorite. It's no guarantee you'll win, you are simply predicted to win.