Differences

This shows you the differences between two versions of the page.

--- admin:bet-vs-slip [2017/05/12 12:11] – matas.bilius
+++ admin:bet-vs-slip [2017/07/14 14:30] – [Bet types] matas.bilius
@@ Line 13: / Line 13: @@
 Single - a single bet, sometimes can be called a simple bet, is a bet with only one selection, e.g. bet on Roulette number 12.
-Multiple - is a bet with more than 1 selection, e.g. Roulette number 12 and Keno number 42.
+Multiple - is a bet with more than 1 selection, e.g. Roulette number 12 and Keno number 42. But there cannot be more than one selection from the same game.
 From examples provided before, a cashier actually could make two single bets: a single Roulette number 12 and a Keno number 42 in one Slip. The difference from two single bets and a multiple bet is that multiple bet will be considered as a lost bet if one of the selections in the multiple bet loses. While two single bets are considered as separate bets, thus if one loses - other can still win.
-So what is the point to make a multiple bet instead of two singles? Short answer: odds. The odds are much higher if a multiple bet wins, that's why a customer will win more.
+So what is the point to make a multiple bet instead of two singles? Short answer: odds. The odds **multiply** in a multiple bet, that's why, if lucky, punter will win more.
+System bet - is a bet with more than one permutation or a combination. The main difference of system bet from multiple bet is that the customer can still win even if some selections already lost.
-System bet - is a bet with more than one permutation or a combination.
 ==== Bet and slip states ====
@@ Line 26: / Line 27: @@
 Bet states:
-   - Active - bet neither a winner or a loser; bet yet to result;
+   * Active - bet neither a winner or a loser; bet yet to result;
-   - Won - bet has resulted - it's a winner;
+   *  Won - bet has resulted - it's a winner;
-   - Lost - bet has resulted - it's a loser;
+   * Lost - bet has resulted - it's a loser;
-   - Canceled - bet has been canceled;
+   * Canceled - bet has been canceled;
 Slip states:
-   - Confirmed - Slip accepted by the cashier - neither a winner or a loser; slip yet to result, potentially able to be revoked;
+   * Confirmed - Slip accepted by the cashier - neither a winner or a loser; slip yet to result, potentially able to be revoked;
-   - In progress - Slip accepted by the cashier - neither a winner or a loser; slip where some selections may already have resulted and they are winners, but not all - non-revocable Slip;
+   * In progress - Slip accepted by the cashier - neither a winner or a loser; slip where some selections may already have resulted and they are winners, but not all - non-revocable Slip;
-   - Winner Unpaid - Slip's bet/s has resulted - it's a winner and the customer has not been paid out;
+   * Winner Unpaid - Slip's bet/s has resulted - it's a winner and the customer has not been paid out;
-   - Paid Out (Won) - Slip's bet/s has resulted - it's a winner and the customer has been paid out;
+   * Paid Out (Won) - Slip's bet/s has resulted - it's a winner and the customer has been paid out;
-   - Loser - Slip's bet/s has resulted - it's a loser;
+   * Loser - Slip's bet/s has resulted - it's a loser;
-   - Revoked Unpaid - Slip has been marked as revoked (either by HQ or a cashier) but ticket value (odds x 1.00) has not yet been paid out to the customer;
+   * Revoked Unpaid - Slip has been marked as revoked (either by HQ or a cashier) but ticket value (odds x 1.00) has not yet been paid out to the customer;
-   - Force loser - forced loser is a special slip state which can only be set by HQ. It makes a ticket into a losing ticket even if it was originally/technically a winning ticket. This state can be effected either via HQ action or by the system itself (e.g. if the ticket has not been paid out within the ticket expiry time);
+   * Force loser - forced loser is a special slip state which can only be set by HQ. It makes a ticket into a losing ticket even if it was originally/technically a winning ticket. This state can be effected either via HQ action or by the system itself (e.g. if the ticket has not been paid out within the ticket expiry time);
-   - Paid Out (Revoked) - Slip has been revoked and the Slip value has been paid back to the customer.
+   * Paid Out (Revoked) - Slip has been revoked and the Slip value has been paid back to the customer.