There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
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Bert Bates wrote:I've heard that if you really, really, really understands craps, which I don't, you can keep your money longer than with most other casino games.
I've also heard that if you can "count cards" you can actually get a slight edge on the casino in blackjack. I've also heard that the casinos are very diligent about looking for, and ousting, card counters.
What's not clear to me is how poker at a casino works - I assume that the casino takes a cut, but it would seem that if you're the best poker player you can make money, even after the casino's cut. Is that true?
Steve
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Bert Bates wrote:I've heard that if you really, really, really understands craps, which I don't, you can keep your money longer than with most other casino games.
Card counting simply lets you know when the deck has a lot of 10's left in the shoe, which is advantageous to the player. When this happens, the player should make large bets (which can still lose). When the deck has fewer 10's, the player makes small bets.Bert Bates wrote:I've also heard that if you can "count cards" you can actually get a slight edge on the casino in blackjack. I've also heard that the casinos are very diligent about looking for, and ousting, card counters.
true, but you'll never make much money. plus, it's really and truly a grind - you don't make much money per hour, and you have to play a lot. you can't drink, you have to pay attention to what everyone is doing all the time (i.e. it's not fun and games), and you're always at risk of losing your stake.Bert Bates wrote:What's not clear to me is how poker at a casino works - I assume that the casino takes a cut, but it would seem that if you're the best poker player you can make money, even after the casino's cut. Is that true?
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Vishal Pandya wrote:Do Casino do any kind of tricks(cheats) so that you don't win so frequently and at the end they(casino) make the money?
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Not quite true. They have to pay the various employee's salaries, buy equipment, maintain the facility, etc. An empty table is cost them something...Steve Luke wrote:poker for the casino is a 0 risk game - they always make money and never lose a penny.
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
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fred rosenberger wrote:What, exactly, looks "good" about this?
the 'dozens' bet pays 3-for-1, or 2-to-1 (it's the same thing, just said differently to confuse you). If you bet $1 and win, they give you an additional $2, for a total of 3.
Your strategy would not work. even if you 'ignore the 0 and 00', your best case is to come out even.
1/3 of the time, the ball will land on 1-12. you win $10 on that bet, and lose $5 on your 13-24 bet, netting you $5.
1/3 of the time, the ball will land on 13-24. you loose $5 on the 1-12 bet, and win $10 on your 13-24 bet, netting you $5.
1/3 of the time, the ball will land on 25-36. You loose your two best, thus loosing $10.
add these up, and you have won: nothing.
Now the kicker comes in. You can't really ignore the '0' and '00', since they DO come up - about 1/38th of the time each (imagine that). When it comes up, you AGAIN loose your $10.
it's a loosing game, no matter what 'system' you use.
your best chance of making the most money on roulette is to place ALL your money on red or black. Then, win or loose, you quit for the day.
fred rosenberger wrote:Here's the simplest way I've found to explain why you don't win in a casino. Imagine we were going to flip a coin. Every time it's heads, I win. Every time it's tails, you win.
When I win, you give me a dollar. When you win, I give you 95 cents.
Christophe Verré wrote:Here is the best strategy.
ankur rathi wrote:Hmmm... you are right, technically.
But in a single round (spin), still the winning probablity is more, isn't it?
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
ankur rathi wrote:I have seen 10 consecutive red, once, and people were betting & loosing like anything on black each time. There is no relation between two spins (one number & following number).
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
fred rosenberger wrote:
ankur rathi wrote:Hmmm... you are right, technically.
But in a single round (spin), still the winning probablity is more, isn't it?
No. You can calculate the "expected value" for any independent event (i.e. blackjack is NOT independent events, since the deck changes after each hand, whereas the roulette wheel/ball have no idea what happened before).
You take the probability of an event happening, multiply it by it's payout, and then add all those up.
12/38 times you hit your 1-12 bet, and win $5 ($10 for winning less $5 for your losing bet). That has an expected value of $1.58.
12/38 times you hit your 13-24 bet, and win $5 ($10 for winning less $5 for your losing bet). That has an expected value of $1.58.
14/38 times you will loose your $10. That has an expected value of $-3.68.
$1.58 + $1.58 - $3.68 = $-0.52
That's an expected loss of $0.52 on every $10 bet.
fred rosenberger wrote:
Or maybe the wheel has NO FRIKIN' IDEA what it did in the past, so the next roll will be random.
ankur rathi wrote:What my point is, which block gives you "some" returns & has less risk?
You could put 1 chip on black & 1 on red (or 1 on even & 1 on odd) and your winning probability is 100% but you don't win "anything".
I am again ignoring 0 & 00, I know. As they are there for every bet (red, black, even, odd or any numer).
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
John Todd wrote:The house always wins ...
Ryan McGuire wrote:
John Todd wrote:The house always wins ...
No, the house wins on average.
Paul Sturrock wrote:As I understand it the most sure fire way to win in a casino is to own the casino.
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