Introduction

When you make a bet in a Nevada casino you will be given a flimsy piece of paper to present if the ticket wins. It is not unusual for players to lose tickets, or forget about them until after they expire. The sports books are not required to honor either type of these kinds of problem tickets, but they almost always do.

If you lose your bet, the bookmaker keeps your stake. If you win, then the bookmaker has to pay out your winnings. It can be a lot more than your original stake. This is same as laying a bet. The amount that you win or lose on a moneyline bet is set by the plus or minus sign and the number that is attached to it. Let’s start with the times that we are the underdogs. As we already know, when we are the underdogs we are going to get paid more than a standard even bet. If you’ve ever bet with friends, you probably. This is what happens when you lose a bet at Auburn PT. A pie to the face! Quite simply, a push is what happens to your bet when the event you wager on results in a tie. As bettors or competitors, we build up wins and dread losses. We’re all familiar with creeds such as “the thrill of victory and agony of defeat.” You’ve probably heard that “winning isn’t everything, it’s the only thing.”.

If you lose a ticket, you should report it as soon as possible. You will be asked to fill out a form, asking for as much detail as possible to identify your exact bet in the system. If the bet is located in the system, then it will be 'locked out.' Then, if anyone tries to cash it, the machines will not accept it. If somebody else already found and cashed your ticket, you are out of luck. If you find it eventually, bring it in, and be prepared to prove your identity, and they should unlock the bet and pay you. If you never find it, and nobody else did, then after the expiration period the sports book will honor the bet.

According to Nevada Gaming Regulation 22.080, a spots bet can expire in as little as 30 days after the date of the event. If you find yourself with an expired ticket, the vast majority of the time the sports book will honor it anyway if you mail it in, per the instructions on the back of the ticket. They will have to verify that the bet really did win, because it will no longer be in the system. They may also check it against a list of lost tickets paid. In the unlikely event that the accounting department denies the ticket, I would suggest going through the chain of command in the casino, and politely ask them to honor the bet anyway. Based on personal experience, I would recommend against presenting an expired ticket in person. I think you are more likely to be denied that way.

If you do get denied, all is not lost. You might file a dispute with the Nevada Gaming Control Board, and try to get them on any technicality you can. For example, regulation 22.150 says, 'Each book shall adopt, conspicuously display at its licensed premises, and adhere to written, comprehensive house rules governing wagering transactions with patrons.' Many sports books have their rules in a small font on a sign too high to read. The Wynn's sign is a good example. I would think if the expiration period in the posted rules was not in plain view, then it wouldn't be valid. Another idea would be to find a valued patron of the casino and ask him/her to use their status as a good customer to have the expiration date overlooked. I've never heard of a valued customer being denied an expired ticket.

You should not be lazy about letting a ticket expire, counting on the casino's good faith to pay it anyway. They have to do extra paperwork for every expired ticket they pay.

The following list of sports ticket expiration policies is grouped by sports book family. If you are not sure which family a particular casino belongs to, please check my sports betting appendix 3.

Sports Ticket Expirations

Types of Craps Bets

The come bet works much like the pass line bet and it is one of the most popular wagers on the table with some of the best odds and lowest house edge. The only difference between the come bet and the pass line bet is that you are wagering on the come bet only after a point has been established. The rules are still the same as the regular pass line bet.

Basically, you can wait until the shooter has established a point. The shooter will have rolled a 4, 5, 6, 8, 9, or 10 and established a point. Once this has happened, you can place a come bet. When you have wagered, the shooter will keep rolling. You will lose if a 2, 3 or 12 is rolled and win if a 7 or 11 is rolled.

Any come bet is almost like an individual pass line bet on every roll. For example, if you roll anything other than 2, 3, 12 or 7, 11 or the original point, you will land on some other number which could be thought of as a 'secondary' point. Your chips will then be moved up to that other number you rolled and you can actually keep making come bets which can establish to other 'secondary' point numbers. The shooter must roll these same point numbers in order to win.

What Happens If You Lose A Betting Slip

Also, if the shooter rolls the original point number (where the puck is displayed as on), the round ends, but your come bets still remain and players can make pass line bets again as well. The player will lose all of their come bets once the shooter rolls a seven.

What Happens When U Lost A Bet

This bet pays even odds or 1:1 and the actual odds are 251:244, which leaves a small house edge of 1.41%. In fact, this is exactly the same odds as the pass line bet, which is expected. I displayed a photo of the bet below for illustration. First, the shooter throws the come out roll, which ended up being 8. The number 8 became established as the point and players could then make come bets. I made a come bet of $88. I would lose that bet if the shooter rolls a 2, 3 or 12 and win if they roll a 7 or 11. Also, if the dealer throws a 4, 5, 6, 8, 9 or 10, then my chips would move up to one of those numbers and the shooter would have to throw that number again for me to win. I could also make an additional come bet at any time on any roll as long as a point is established.

In addition to the come bet, players have the option to place a come odds bet as well, which has a 0% or no house edge! This is the same as the free pass odds wager.