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Home » Forums » Questions and Answers » All Other » What is the max house edge a carnival game in Nevada can legally have?
What is the max house edge a carnival game in Nevada can legally have?
| July 9th, 2011 at 3:15:20 PM permalink | |
| ZeroprisonerZ Member since: Jul 9, 2011 Threads: 1 Posts: 2 | What is the max house edge a carnival game in Nevada can legally have? Recently my casino added a new one with a 6.49% house edge and now I'm curious to know this answer. -Thanks :) |
| July 9th, 2011 at 3:55:09 PM permalink | |
| FleaStiff Member since: Oct 19, 2009 Threads: 75 Posts: 4822 | Do you mean the maximum house edge in a licensed casino that operates what is commonly referred to as a carnival game or the maximum that some sort of charity event operating a Monte Carlo Night or Church Fair type event can have? I don't even know if the regs make such a differentiation but would assume that they do. |
| July 9th, 2011 at 4:37:00 PM permalink | |
| buzzpaff Member since: Mar 8, 2011 Threads: 82 Posts: 2835 | " Given the regulations as to maximum house edges (Nevada <=25%), " This on a prior thread posted by MathExtemist. Buzz Paff |
| July 10th, 2011 at 1:27:51 AM permalink | |
| ZeroprisonerZ Member since: Jul 9, 2011 Threads: 1 Posts: 2 |
I will be a little more specific..... Table games like 3 card poker, Boston 5 card, crazy 4 poker, Mississippi stud. To get a patent in the State of Nevada what's the max house edge a game like this can have? So < 25% is the answer? thanks |
| July 10th, 2011 at 2:01:57 AM permalink | |
| FleaStiff Member since: Oct 19, 2009 Threads: 75 Posts: 4822 | Oh, I see what you wanted now. Okay. Just remember, no matter what patent you might receive, the game has to be commercially viable as well as being technically legal. So I would say that any game that approached such a whopping house edge would be patentable but hardly something players or casinos would be clamoring for. |
| July 10th, 2011 at 7:18:54 AM permalink | |
| boymimbo Member since: Nov 12, 2009 Threads: 12 Posts: 2533 | Lots of side bets have 20%+ HAs. The pairs plus in 3 card is 7.3 percent when it's 1-3-6 which is what all casinos feature these days on the strip. Ripoff. -----
You want the truth! You can't handle the truth! |
| July 10th, 2011 at 9:05:58 AM permalink | |
| DJTeddyBear Member since: Nov 2, 2009 Threads: 105 Posts: 5727 | I can't answer the original question, but... House edge has nothing to do with patentability. However, it has everything to do with getting it approved by the gaming commission, getting it into a casino, and getting gamblers to play it and like it. Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood? |
| July 10th, 2011 at 11:51:49 AM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2520 | You don't get a patent in the state of Nevada -- you get Nevada Gaming Control Board approval for the game. And yes, 25% or less is the answer for the house edge. The only exceptions are games that are grandfathered in, like Keno (some Keno bets are >25% edge). "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| July 10th, 2011 at 11:57:15 AM permalink | |
| fremont4ever Member since: Nov 24, 2009 Threads: 5 Posts: 118 |
The max house advantage at slots and other machines is 25%. I've heard that from several sources. There doesn't seem to be one at the other games. Many of the bets at keno are over 25%, as is the jackpot bet at Caribbean Stud at its reset level (and some level beyond). |
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