Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #21  
Old 10-05-2006, 02:38 AM
AlienBoy AlienBoy is offline
Senior Member
 
Join Date: Feb 2006
Location: Poker Happens...
Posts: 2,264
Default Re: The basis for a perfect roulette system

[ QUOTE ]
Single zero roulette isnt a bad deal, but blackjack (basic strategy), craps (pass/dont pass with maximum odds) and baccarat (bank) still beat it. Double zero roulette is one of the worst games you can play. Wizard of Oz will give the house edge on all of them I assume.

[/ QUOTE ]


DOuble Zero roulette is a 5.26% house advantage. Most slot machines are better than that!! Roulette is about the worst game in the casino.


Non-continuous shuffle blackjack can be played with an advantage if you can use a counting system. Continuous shuffle BJ is -EV.

Craps can be played with an advantage if you can develop the skill of precision shooting.

Baccarat has a very slim house advantage, but it cannot be beaten as the game does not lend itself to counting or strategy techniques (i.e. no system for baccarat).

Full Pay video poker machines can be played with an advantage.

Horse/sports books lend themselves to certain types of advantage play.

Slots and Everything else is -EV.


AB
Reply With Quote
  #22  
Old 10-05-2006, 04:09 AM
Howling Howling is offline
Senior Member
 
Join Date: Oct 2005
Posts: 303
Default Re: The basis for a perfect roulette system

[ QUOTE ]
[ QUOTE ]
Single zero roulette isnt a bad deal, but blackjack (basic strategy), craps (pass/dont pass with maximum odds) and baccarat (bank) still beat it. Double zero roulette is one of the worst games you can play. Wizard of Oz will give the house edge on all of them I assume.

[/ QUOTE ]


DOuble Zero roulette is a 5.26% house advantage. Most slot machines are better than that!! Roulette is about the worst game in the casino.


Non-continuous shuffle blackjack can be played with an advantage if you can use a counting system. Continuous shuffle BJ is -EV.

Craps can be played with an advantage if you can develop the skill of precision shooting.

Baccarat has a very slim house advantage, but it cannot be beaten as the game does not lend itself to counting or strategy techniques (i.e. no system for baccarat).

Full Pay video poker machines can be played with an advantage.

Horse/sports books lend themselves to certain types of advantage play.

Slots and Everything else is -EV.


AB

[/ QUOTE ]
Slots are not always -EV

With Jackpots and mini and micro jackpots that grow until hit, you can play certain slots that are +EV once the jackpot crosses a threshhold.
Reply With Quote
  #23  
Old 10-05-2006, 07:28 PM
AlienBoy AlienBoy is offline
Senior Member
 
Join Date: Feb 2006
Location: Poker Happens...
Posts: 2,264
Default Re: The basis for a perfect roulette system

[ QUOTE ]
Slots are not always -EV

With Jackpots and mini and micro jackpots that grow until hit, you can play certain slots that are +EV once the jackpot crosses a threshhold.

[/ QUOTE ]


I stand corrected - I wasn't thinking about the progressive jackpots... Still, I have to believe that the probability of making the JP is so practically unobtainable that it is virtually -EV... but then slots is not a game I've spent any time considering.,..


AB
Reply With Quote
  #24  
Old 10-09-2006, 11:24 PM
latefordinner latefordinner is offline
Senior Member
 
Join Date: Nov 2005
Location: monkeywrenching
Posts: 1,062
Default Re: The basis for a perfect roulette system

no such thing as "virtually -EV"

positive EV with an extraordinarily high variance

worth looking at in +EV video poker as well to see how much that is tilted towards the royal

that guy in the UK is selling his roulette computers now though
Reply With Quote
  #25  
Old 10-09-2006, 11:28 PM
AlienBoy AlienBoy is offline
Senior Member
 
Join Date: Feb 2006
Location: Poker Happens...
Posts: 2,264
Default Re: The basis for a perfect roulette system

[ QUOTE ]
positive EV with an extraordinarily high variance

worth looking at in +EV video poker as well to see how much that is tilted towards the royal

that guy in the UK is selling his roulette computers now though

[/ QUOTE ]


Done the vid poker thing - it's all about the Royals and 4 deuces. If you can just sit there and grind, the royals will come your way. Plus comps, some people claim to make a living. Not a very good one though. Grinding away weeks at a time to hit a Royal is *lame*.

AB
Reply With Quote
  #26  
Old 10-09-2006, 11:55 PM
yellowjack yellowjack is offline
Senior Member
 
Join Date: Nov 2004
Location: fighting -EV
Posts: 2,152
Default Re: Summing up a bit...

grinch,

Your ideas about being able to win in -EV games are posted about once every few weeks here. They come from not actually knowing what EV is. Work out the amount you win vs. the amount you lose and you'll eventually come to a conclusion (Hint: when you win, you gain very little, but when you lose you lose a lot).
Reply With Quote
  #27  
Old 10-10-2006, 11:14 AM
Jeff_B Jeff_B is offline
Senior Member
 
Join Date: Jul 2005
Location: I need Patience NOW
Posts: 2,846
Default Re: Summing up a bit...

why post it if its a guaranteed winner? now we will all do it and once the casinos are bankrupt it will be over.

I call dips on caesars palace and the bellagio
Reply With Quote
  #28  
Old 10-10-2006, 01:53 PM
pzhon pzhon is offline
Senior Member
 
Join Date: Mar 2004
Posts: 4,515
Default Re: The basis for a perfect roulette system

[ QUOTE ]
simply follow last numbers that came out, and sooner or later you'll hit a winner.
let's here what you have to say about it...

[/ QUOTE ]
Betting on -EV games doesn't work, since you can't add negative numbers to get a positive number. This should be obvious, even if you complicate the system so that you aren't sure exactly how much you are losing.

The average amount you lose by playing this system once is 2 units. The average amount you wager is 38 units. Unsurprisingly, this system is useless.

It would be better if there were an FAQ that would explain why betting systems don't work, so that when people post anyway, they can be directed to the FAQ.
Reply With Quote
  #29  
Old 10-12-2006, 11:41 PM
yellowjack yellowjack is offline
Senior Member
 
Join Date: Nov 2004
Location: fighting -EV
Posts: 2,152
Default Re: The basis for a perfect roulette system

[ QUOTE ]
[ QUOTE ]
simply follow last numbers that came out, and sooner or later you'll hit a winner.
let's here what you have to say about it...

[/ QUOTE ]
Betting on -EV games doesn't work, since you can't add negative numbers to get a positive number. This should be obvious, even if you complicate the system so that you aren't sure exactly how much you are losing.

The average amount you lose by playing this system once is 2 units. The average amount you wager is 38 units. Unsurprisingly, this system is useless.

It would be better if there were an FAQ that would explain why betting systems don't work, so that when people post anyway, they can be directed to the FAQ.

[/ QUOTE ]

Would you be willing ot make a FAQ of common topics in probability? If not you, then hopefully AaronBrown or BruceZ.

Some common topics off the top of my head:

Martingale System
Risk of Ruin
Chances of a Particular Hand/Flop/etc.
Reply With Quote
  #30  
Old 10-13-2006, 12:23 AM
pzhon pzhon is offline
Senior Member
 
Join Date: Mar 2004
Posts: 4,515
Default Re: The basis for a perfect roulette system

[ QUOTE ]
[ QUOTE ]

It would be better if there were an FAQ that would explain why betting systems don't work, so that when people post anyway, they can be directed to the FAQ.

[/ QUOTE ]

Would you be willing ot make a FAQ of common topics in probability?

[/ QUOTE ]
See this past thread.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 07:05 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.