Re: odds terminology, does a bet pay 1:1 or 2:1
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He said that roulette pays 1:1 on red or black, I said it pays 2:1
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It pays "1 to 1", "even money", "1:1" ...
Sometimes payoffs are refered to as "for 1" rather than "to 1", as in your video poker example. Before you play, you've already given them your money -- so jacks or better is paying "1 for 1". "2 for 1" means the same as "1 to 1". Some payoffs on a craps table are also listed as "for 1", presumably so the payoff seems higher.
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