Author Topic: What happens when?  (Read 3282 times)

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edgefounder

What happens when?
« on: February 05, 2017, 02:23:27 PM »
I was wondering what happens when I can play 12 straight numbers but only have to place 10 chips on ten straight numbers? So basically the dealer let's me choose 2 numbers which I could play for free, would I then have an edge on the casino?

Since one number is their edge, if I could 2 additional numbers for free, would that turn the edge over to my side?

Waiting for the pro's to answer this!

scepticus

Re: What happens when?
« Reply #1 on: February 05, 2017, 05:22:52 PM »
I am not a pro Edgefounder, but I think I know what you are on about here.
I suggest you stop if you have 2 wins within 7 spins . Otherwise stop after  7 spins  .

MrPerfect.

What happens when?
« Reply #2 on: February 05, 2017, 05:44:55 PM »
if the payment is same, then you have one number at your favor.
« Last Edit: December 19, 2017, 09:39:15 AM by kav »

scepticus

Re: What happens when?
« Reply #3 on: February 05, 2017, 06:56:13 PM »

I think , Mr. Perfect, that his question was rhetorical , Isn't it bleeding obvious that placing   ten chips with a value of 12 then he definitely has an edge. I think he was waiting for someone to ask what his 10 numbers were or that this could not  be possible.
I may  be wrong here though .
« Last Edit: December 19, 2017, 09:39:30 AM by kav »

Jesper

Re: What happens when?
« Reply #4 on: February 06, 2017, 05:14:37 AM »
If you get two free slots, you should win more spins than losing in the longer run. However check the payout, if that is changing according to the new rules, the odds may still be stacked against.

scepticus

Re: What happens when?
« Reply #5 on: February 06, 2017, 04:07:37 PM »
I think what he has in mind  is something like the minority colour in columns 2  and 3 . In theory it could be argued that if Red is as likely as Black  then the lesser colour is a good bet. We won't know until he tells us .

Reyth

Re: What happens when?
« Reply #6 on: February 06, 2017, 04:16:09 PM »
I don't have time to put pencil to paper on this but what if he is talking about like betting 10 chips on the combination of like a DZ & a Quad or what if he is doing that with splits or some other combination?

edgefounder

Re: What happens when?
« Reply #7 on: February 06, 2017, 05:45:02 PM »
Let's say the that I was playing the following numbers:
1-2-3-4-5-6-7-8-9-10 and was playing 1 chip on each and now the groupier congratulate me with
my birthday and said, you can play two extra numbers where you don't have to pay and I would add
11-12. So basically now I am playing 12 straight numbers for the price of 10.

Would this give me an edge of 2.7%? Since they normally have one number in their favor and now I have
one number in my favour right?

Reyth

Re: What happens when?
« Reply #8 on: February 06, 2017, 07:12:23 PM »
The edge in this case is not "the one extra number" but THAT AND the unfair payout; i.e. you need to get paid 37:1 instead of 35:1.

The edge is the least of your worries.  Variance is the real problem and besides no serious player plays mechanical systems and expects to just win anyway (which is the practical purpose of the house edge).

If there was no variance, all of our well designed systems would beat the house edge so very badly that it would be laughable.

The reason we lose is not the house edge, its the failure of wheel results to even come close to conforming to statistical expectation during our play session(s).
« Last Edit: February 06, 2017, 07:19:09 PM by Reyth »

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MrPerfect.

What happens when?
« Reply #9 on: February 06, 2017, 09:02:47 PM »
Let's say the that I was playing the following numbers:
1-2-3-4-5-6-7-8-9-10 and was playing 1 chip on each and now the groupier congratulate me with
my birthday and said, you can play two extra numbers where you don't have to pay and I would add
11-12. So basically now I am playing 12 straight numbers for the price of 10.

Would this give me an edge of 2.7%? Since they normally have one number in their favor and now I have
one number in my favour right?
Yes. Absolutely correct. It would give you advantage over the house. Only thing is...  even casinos look their profits at the end of the week minimum....
« Last Edit: February 06, 2017, 09:07:56 PM by MrPerfect. »

Koko

Re: What happens when?
« Reply #10 on: February 07, 2017, 12:07:37 AM »
I think they will fire the croupier.
« Last Edit: December 19, 2017, 09:40:25 AM by kav »

Jesper

Re: What happens when?
« Reply #11 on: February 07, 2017, 04:50:40 AM »
I would check my compass if it still point north.

kav

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Re: What happens when?
« Reply #12 on: January 06, 2018, 09:28:59 PM »
It may be counter-intuitive, but your advantage in your example is much higher than 2,7%. It is actually 16,7%

See the detailed explanation here: Calculating the Expected Value of bets
This is required reading for anyone who is serious about gambling, bets, odds payouts etc.

The value of the bonus numbers depends on your initial bet. 2 free numbers added to a single number bet give a tremendous advantage, while two extra numbers to a 33 numbers bet a much lower advantage.

scepticus

Re: What happens when?
« Reply #13 on: January 06, 2018, 10:52:16 PM »
Amount bet
10 x 37 =370
Expected wins 12 x 36 =432
Expected profit  = 62
62 /370 =16.75 %
Kav is right .
Don't experienced Bettors know how to calculate this ?

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