In a message dated 6/19/07 8:12:40 AM US Mountain Standard Time,
krallison416@aol.com writes:
···
In a message dated 6/18/2007 11:40:50 P.M. Pacific Daylight Time,
queenofcomps@cox.net writes:Anyone have opinions on this?
Why make the $1 bet at all if you are only going to cover some of the
losses? My guess is that betting black and red would be less costly but
I'll leave
it to the better minds to answer. And how about betting Come and Don't
Come
on the craps table? My guess is that that's less costly than your other
play. Might take longer to resolve however.Karen
***
Roulette Single Zero means 18 red/black-odd/even spots and one green one for
37 stops on the wheel. Even money bets mean you will collect 36 units for
every 37 bet in 2 unit increments. A straight-up number will hit once every 37
units bet in the long run collecting one 36 unit pay-off. So the vig is
1/37=2.7% anyway you want to bet.
Regular roulette the vig is 2/38=5.26%.
Sure you can hedge and put more money in play and lower the variance but the
vig is not going away.
Craps is another game you can figure out with just paper and pencil. You can
draw a decision tree and come up with a least common denominator (LCD).
Craps passline/come the roll is over 1/3 of the time on the initial comeout dice
toss and 2/3 of the time a number gets established. Of the one roll results
you win twice as many times as you lose.
If you expand it out the LCD will be 1,980...you win 976 and lose 1004 giving
up a vig of 28/1980=1.4%.
Now if you can take "X" odds you can see that you take odds 2/3 of the time.
So the overall vig will be 28/(1980 + 1320X).
You can't fight the vig, but sometimes you can easily get a promo drawing
ticket. A threshold mimimum buy-in might do it on a live game. It is unusual
for a promo to add much value in the pit though since tickets through normal
play are only earned on high vig bets. Usually the best deal is earning a ticket
for a suited BJ.
BS
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