Reason #4 why the Wizard likes Bovada:

One-Stop Shopping

Bovada offers the triple crown of gambling: casino, poker, and sports. Many other casinos have tacked on poker as an afterthought, and many poker rooms have tacked on a casino as an afterthought, and the lack of attention shows, sometimes painfully. And very few of these sites let you make sports wagers.

But Bovada doesn’t just offer all three, they do each one well, and everything’s integrated. It’s easy to play all three off one deposit, off just one account.

Another nice thing about Bovada is that you don’t need a separate account to play casino games with fake money. In fact you do not even need an account for that at all, you can just click over there and play. Finally, Bovada usernames are only six or seven characters long making them possible to remember. By contrast some competitors’ usernames are extremely long and cumbersome.

Visit Bovada

Heads or Tails

Last Update: Dec 07, 2005

Introduction

Heads or Tails is a game found at Internet casinos using Playtech software. The game can be found under the Arcade Games menu. This is without a doubt one of the easiest games I have ever analyzed.


Click on image for larger version.

Rules

The player chooses heads or tails and then bets on 1, 2, or 3 flips.

Analysis

The following table shows the probability of winning and expected return for the three available bets.

Heads or Tails - Return Table
BetProbabilityPaysReturn
One flip 0.5 1.9 0.95
Two flips 0.25 3.8 0.95
Three flips 0.125 7.5 0.9375

Disclaimer

I was hired by Playtech to help design all of their Arcade Games. I was given permission by Playtech to publish this analysis.