vpFREE2 Forums

Gambling Terminology...why we can't agree

#1

I have been thinking about why we can't get on the same page
sometimes when it comes to definitions.

One thought is the different genre of games have a different
reference point. Craps, Roulette and even Blackjack we think in
terms of the vigorish given to play the game. A pass line bet costs
us 1.41%, a roulette wager 5.26%, the vigorish or "vig". A single
deck BJ game about .2%.

On the other hand when we play VP or even a slot machine we think of
it in other terms. Jacks is a 99.54% return. Have you ever heard
Jacks or Better referenced by a .46% vigorish?

I guess the opposite of vigorish is "edge"? Do we reference FPDW as
having a .7% edge? Nope.

This concludes my profound thought for the day.

#2

I guess the opposite of vigorish is "edge"? Do we reference FPDW as

having a .7% edge? Nope.<<

Vig is the house edge and it would be confusing to translate it to
a .7% "player's vig." But thinking of overall results as a .7 edge
for the player would be correct.

Still, thinking of some vp games as high vig while others are low vig
is also mostly accurate, except that it would refer to each
individual hand as opposed to final expected results, just as various
craps or roulette bets have varying vigorish.

I like your idea of translating ER into terms of "edge."

lb

--- In vpFREE@yahoogroups.com, "bluestreak86001" <graytleegray@a...>
wrote:

I have been thinking about why we can't get on the same page
sometimes when it comes to definitions.

One thought is the different genre of games have a different
reference point. Craps, Roulette and even Blackjack we think in
terms of the vigorish given to play the game. A pass line bet

costs

us 1.41%, a roulette wager 5.26%, the vigorish or "vig". A single
deck BJ game about .2%.

On the other hand when we play VP or even a slot machine we think

of

it in other terms. Jacks is a 99.54% return. Have you ever heard
Jacks or Better referenced by a .46% vigorish?

I guess the opposite of vigorish is "edge"? Do we reference FPDW

as

ยทยทยท

having a .7% edge? Nope.

This concludes my profound thought for the day.