Buster bet payout odds

June 18th, 2012 at 3:40:22 PM permalink
jezzub222
Member since: Jun 18, 2012
Threads: 1
Posts: 1
I have a question regarding the buster bet offered as a side bet and the advantage of banking these wagers. The buster bet chart was as follows: 3 card busts paid 2:1, 4 card busts paid 2:1, 5 card busts paid 4:1, 6 card busts paid 16:1, 7 card bust paid 50:1, and 8 card bust paid 200:1. I changed the payouts to 3 card bust 2:1, 4 card bust paying 3:1, 5 card bust paying 5:1, 6 card bust paying 16:1, 7 card bust paying 75:1, and 8 card bust paying 250:1.

Before the change those who banked the game had roughly a 6% advantage, now with the changes they are claiming that the odds have turned against them, making it a 6% advantage for the player, would these changes equate to a disadvantage for the banker and how can i do the math myself?
June 18th, 2012 at 4:40:55 PM permalink
rdw4potus
Member since: Mar 11, 2010
Threads: 79
Posts: 5926
I get a player advantage of about 6.36% with your payouts.

Here's an analysis of the original buster bet.

Copy the buster bet table into excel. Make "pays" times "probability" equal "return." The sum of "return" is the house edge. Then just change the "pays" to match your paytable.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett

 

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