Fixed Odds Betting

How Do Fixed Odds Betting Machines Work?



With the offering of land and online casinos as well as the ability to gamble using mobile devices, players have many options when they choose to place real money wagers. At land based casino locations, there are gambling machines that are loaded with action and can provide players with amazing chances to generate payouts. One type of game that has become quite popular is a fixed odds betting machine or terminal. This type of game is rather new compared to other casino games and it first appeared in the UK during 2001.

What Are Fixed Odds Betting Terminals and Machines?

These types of casino games have become a leading choice for many and there are different types of games that can be enjoyed, including roulette, slots, poker, blackjack, and even racing games. All of these games have one thing in common that classify them as a fixed odds betting machine. The main characteristic is that there are fixed odds. This means that all payouts are fixed and players all have the same chances at triggering payouts. When it comes to slots, the fixed odds games are based on the odds being altered due to the amount oft eh bet. Basically, the higher the wager, the better the chance of winning. Fixed odds games also have maximum bets and payouts and will allow players to pace wagers every 20 seconds.

With a fixed odds betting machine, players have some amazing chance to win on a regular basis and these games are known to be highly addictive. They are featured at many land based casinos and since players can enjoy different games, they have a number of options. While fixed odds betting machines are popular, they do not offer the high payouts that can be enjoyed with online casino games, such as the slots and table games that are featured at leasing sites like www.casumo.com. With online games, players have a better chance of winning, will enjoy more betting options and will have a larger selection of game titles available.

Why Fixed Odds Games are Preferred by Operators

Many betting shops throughout the UK have enjoyed the benefits of offering fixed odds betting machines. These are preferred over traditional slot games since they are easier to manage and players will have a wide range of games that can be played that can offer appealing payouts. Operators have found that the offering of these games has increased revenue and the machines all come with built in advantages for betting shops. The house edge on roulette games are between 2.7% and 5%, which is much higher than with games found in traditional casinos, so in the long run, the betting shops benefit more by offering fixed odds betting machines.

Popular Fixed Odds Games

Many shops in the UK that offer these games will have a huge assortment of fixed odds slots. These games are preferred by players because they are easy to play and they require no skill. However, some players will want the feeling of playing table and card games, which makes the blackjack, poker and roulette fixed odds games appealing as well. The games are all regulated to accept a minimum wager amount of $1 and the maximum amount that players can win from any of the fixed odds games is $500. Fixed odds betting machines prevent players from placing high roller wagers, however, players are able to win jackpots of $500 with small bets, so the games remain an appealing option for those that love to engage in gambling activities.

Fixed Odds Betting