The theoretical hold percentage -- or estimated house edge -- in the future books of Las Vegas casinos can vary considerably, from fairly attractive to the gambler to comically awful in favor of the house. (Future books are the odds on an upcoming event such as the championship in a particular sport.)
The Las Vegas Hilton sports book has the best overall odds for baseball bettors planning to make a wager on the winner of this year's World Series, an analysis by the Sun shows.
The survey examined the theoretical hold percentage -- or "house edge" -- of the World Series future books at 14 major Las Vegas sports books.
House edge expresses, as a percentage, the amount of money a sports book is expected to keep after paying out winning wagers.
The lower the house edge, the more favorable it is for bettors. The higher the house edge, the worse it is for bettors.
Wednesday, April 20, 2005
Wednesday, April 6, 2005
In 1974, Brunson was debating whether to give up his signature game, no-limit Texas hold 'em -- which would have been like Jimi Hendrix giving up the electric guitar.