A punchboard is a game board, primarily consisting of a number of holes, which was used once for lottery games.
Jar-o and Charley Board punchboards
Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple 'win or lose' outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in. Freeroll: A bet you can win or push but not lose. Futures: A type of wager involving the outcome of a season or how a particular team or player will perform over the course of a season. Halftime betting: Wagers, based on betting lines posted at halftime, which involve the outcome of.
History[edit]Origin[edit]
Punchboards were originally used in the 18th century for gambling purposes. A local tavern owner would construct a game board out of wood, drill small holes in it, and fill each hole with a small paper ticket or gamepiece. The holes were then typically covered with paper or foil. After a patron bought a chance at the punchboard, he would puncture one of the hole's paper or foil covers with a nail and retrieve the ticket/gamepiece. If the gamepiece contained a winning number, the patron won the prize.
In the nineteenth century, board operators eventually drilled into their own holes (they knew where the big money was because they made the board). The punchboard's use started to decline.
Paper punchboard[edit]
In the late 1800s, a new type of punchboard was introduced. This one involved putting paper in both the front and back of the hole (to help prevent operators from cheating). These new punchboards became popular purchases at drugstores, and they were sold with a metal stylus. The punchboard soon became increasingly similar to today's lottery tickets.
Soon, the punchboard became cheap and easy to assemble, and the industry flourished. Noted gambling author John Scarne estimates that 30 million punchboards were sold in the years between 1910 and 1915. He also estimates that 50 million punchboards were sold in 1939 alone, during the peak of their popularity.
After World War II[edit]
After World War II, use of the punchboard as a gambling tool began to decline because many people frowned at its gambling-like nature, and the punchboard was outlawed in many states. The use of punchboards for advertisement started to gain popularity. Many companies started hiding goods such as bottles of beer and cigarettes inside punchboards.Zippo lighters reportedly sold more than 300,000 lighters through punchboard advertising between 1934 and 1940.[1]
Larceny[edit]
People have been cheating on punchboards ever since they were first invented. Many operators know where the big prize holes are; they used to create punchboards with very few holes so they could easily track the big money.
Other gamblers could make a dirty deal with the customers: give the customer a 'map' of where the big prizes are on the punchboard. This came to prevention by the use of serial numbers: the customer would present the slip to the operator, and if the serial numbers matched, the customer was declared a winner.
Other references in popular culture[edit]What Is Gambling Addiction
Notes[edit]
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Punchboard&oldid=871119958'
NewToCraps
Win- The final winning requirement of a bet occurs, player receives > 100% of initial bet. Loss- the final losing requirement of a bet occurs, bet is 100% lost. Push/Tie- Bet sequence is complete without a win or loss occurring, original bet is returned to player. As mentioned a 12 on the donât pass pushes and you may pick up your bet. Iâd also consider any place bet to be a push on any number that isnât a win or a 7 as you can pick up that bet. Unresolved (âin playâ?)- A bet that follows a sequence that potentially requires more than one roll to win or lose, with some potential intermediate events being neither a win nor loss but not a âpushâ as defined above. The difference between a push and an unresloved bet is that with a push the bet sequence is over and the player can pick up the bet, re-bet it or even increase it, with an unresolved contract bet once itâs made and the sequence is started it must stay until its resolved. Note: a player can end a donât bet on any established point by accepting a push from the casino, the term here is âno actionâ although itâs not the same as the definition for âno actionâ above. Technically Iâd say in that instance the bet is resolved in a push by the player requesting and the casino agreeing to the push (one possible sequence known about the contract before the bet is made) and the player starts a new contract bet if he chooses to leave it on the donât come bar. No Action- No bet was ever made. Usually occurs where a player tries to make a bet but the casino refuses to accept the bet. Most commonly occurs when a player tries to bet when dice are in the air or later, also possible because bet is not allowed (under table limit, over table limit, come bet on come-out roll etc., trying to bet fire bet after someone else did and shooter has made 1 point). Because no bet was made the original wager is returned as if nothing happened. Good dealers will clearly and loudly say âno actionâ ASAP to pre-exempt any argument about payouts. Dice off the table would also be no action with respect to that âthrowâ of the dice, one of the requirements of a craps bet is both dice stay on the table and produce a number if this doesnât happen the throw is a ânon-throwâ. You can see its no-action because after dice go off the table any bet that is not a contract bet in progress can be picked up. Also with short throws you may hear 'no roll' meaning despite the dice being thrown the the result does not count, usually do to a short roll. Very clearly written, do you have a side job at wikipedia?
Learned Craps in 2013 .. Developed and have a PATENT on Craps 'Back On Bet' side bet .. Working on Craps game variations hope to have patents in 2018 - Second Chance Craps and Sub-Crap-tion .. A completely new dice game idea is next - D. Dice D...
Venthus
No Action- No bet was ever made. Usually occurs where a player tries to make a bet but the casino refuses to accept the bet. Most commonly occurs when a player tries to bet when dice are in the air or later, also possible because bet is not allowed (under table limit, over table limit, come bet on come-out roll etc., trying to bet fire bet after someone else did and shooter has made 1 point).
Has anybody actually managed to 'sneak' a come bet through during come out? How do they deal with it-- move it to pass, move it to come, or would they actually refuse it, even if the bettor didn't have pass? (Courtesy of one of my local places using a non-standard layout, I tend to absentmindedly drop my DCs into the DP bar..)
Beethoven9th
Has anybody actually managed to 'sneak' a come bet through during come out? How do they deal with it-- move it to pass, move it to come, or would they actually refuse it, even if the bettor didn't have pass?)
On the rare occasions I've seen this happen, the dealer/box just declared No Action.
Fighting BS one post at a time!
98Clubs
A push is generally speaking, a live bet that ties the Dealer (as in Blackjack).
No action means the bet was not accepted by the House (as in a late bet at a Craps table).
Venthus
A push is generally speaking, a live bet that ties the Dealer (as in Blackjack).
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That definition made a specific case come to mind-- is passing (as opposed to failing) a 1-for-1 a win or a push? I'd be more specific and say that a push is a registered bet that is resolved without money (or currency equivalent) changing hands. In something like VP, because you paid in advance, a 1-for-1 is a win, despite the end result being the same. A push would be.. nonexistent, I guess? Similarly, you can win with a net less on anything that has a fractional payback.
ThatDonGuy
I associate 'no action' with sports bets, where it means that the bet was called off - for example, a baseball game was rained out. It's usually more associated with the positive form; when you make a futures bet on who's going to win the next college football championship, the odds form says, 'All bets are action'; if, right after you make the bet, the NCAA announces that the team you bet on is ineligible for postseason play this year, the bet stands.
(There's also the term 'with action'; I think that refers to a bet on a baseball game where the bet stands even if the starting pitcher for your team isn't the one previously announced as starting.)
Beethoven9th
'no action'..where it means that the bet was called off
I agree. The terms 'No action' and 'No bet' seem pretty much interchangeable.
Fighting BS one post at a time!
Mission146
In something like VP, because you paid in advance, a 1-for-1 is a win, despite the end result being the same. A push would be.. nonexistent, I guess? Similarly, you can win with a net less on anything that has a fractional payback. That's exactly right, because the pays are on a, 'For One,' basis. That's why a $0.01 denom slot machine with a Max Bet of $1.50 can, for example, say you won, '35 Credits,' when the end result is actually that you have $1.15 less than when you made the spin. ![]()
Vultures can't be choosers.
ontariodealer
no action is called out in craps when there is money on the layout that isn't a bet. An example the dealer gives somebody 15 dollars change but the guy is hitting on the server or talking to his buddy and the $15 is just sitting there. Another example is a guy buys in during a roll but does not want any bets from the cash.
CrazyCanuck
That definition made a specific case come to mind-- is passing (as opposed to failing) a 1-for-1 a win or a push? I'd be more specific and say that a push is a registered bet that is resolved without money (or currency equivalent) changing hands. In something like VP, because you paid in advance, a 1-for-1 is a win, despite the end result being the same. A push would be.. nonexistent, I guess? Similarly, you can win with a net less on anything that has a fractional payback. The difference here is splitting hairs. Iâd call any bet where after the betting sequence is resolved and you have the same amount of money as you did at the start, and can pick up the bet, a push. Itâs simply the marketing difference between bets paying âforâ or âtoâ. VP paytables could easily be re-written with âtoâ payouts and the lowest payout would read âpushâ instead of 1-for-1. It also has to do with how your balance is displayed, in VP (and other electronic games) your bet is deducted from your balance when you bet and so a push increases your balance (back to your original), whereas in table games your bet is left on the felt until resolved, but the money isnât any more yours than the money you can win if you get a winner in VP. If youâve ever played an electronic version of craps and you bet your last $5 on the donât your balance would show $0, if a 12 is rolled your balance would then show $5 as the push returns $5 to your stack. However in between time of placing the bet and the resolve that money is gone from your stack just like in VP. So I wouldn't consider a 1-to-1 win a 'win' I'd consider it a push.
Quote: Mission146
That's exactly right, because the pays are on a, 'For One,' basis. That's why a $0.01 denom slot machine with a Max Bet of $1.50 can, for example, say you won, '35 Credits,' when the end result is actually that you have $1.15 less than when you made the spin. Rise of ra slot free download.
Top Casinos In The UsaThis is not so much a partial win as it is a single small win not making up for many other losses you experience on a particular spin. If a player bets 30 lines x 5 credits a line their total bet is 150 but more accurately they have 30-5 credit wagers, if 29 wagers lose and 1 wager wins 45 credits then the players net result that roll is 150-45 = 105 credit loss. When added together itâs a partial win but when seen as separate bets its 1 win with 29 losses. This is the same as having multiple passline/come bets and a new come bet and a 7 coming. Even though the player lost (say) $250 and only won $25 on the last come bet the last come bet was still a âfull winâ, itâs only when combined with all the other bets that a new loss occurs.Comments are closed.
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