PvH: Player versus House betting (Fixed Odds Betting; House sets/takes risk)
- Purely mathematical (with a normal distribution, sufficient volume, house actually takes no risk, no player skill required)
- Roulette
- Slots (* can be pools aspect to this)
- “Soft Games” – hi-lo
- Fixed odds lottery
- Skill based - mathematical (players who understand the underlying mathematics/odds can maximize their chance to win and drive down the house edge)
- Backjack
- Craps
- Baccarat
- Virtual sports (e.g., Virtual racing)
- Skill based – environmental and variable information affect outcome; event based
- Traditional (e.g., sports)
- Format (fixed odds, american handicap, asian handicap)
- Racing vs. all other sports (racing, due to betting complexity, often treated separately)
- Spread betting
- Poker
- Betting exchange
- Spread betting exchange
- Backgammon
- Mahjong
- Aspects of “Be the dealer”
- Pools betting
- Lottery
- Bingo
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