paiges5
paiges5
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June 22nd, 2011 at 9:28:52 AM permalink
At roulette if I make 5 4corner bets this gives me 20 chances out of 38 to win and pays 8 to 5 total. (better than the 1 to 1 that red/black etc. pay) Would this not give me an edge over the house??
jc2286
jc2286
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June 22nd, 2011 at 9:32:55 AM permalink
You're forgetting that when 1 of your corner bets hit, you still lose the other 4. So you lose 5 units when they miss, but only win 4 units when 1 hits. It really pays 4 to 5, not 8 to 5.
rdw4potus
rdw4potus
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June 22nd, 2011 at 9:50:26 AM permalink
Quote: paiges5

At roulette if I make 5 4corner bets this gives me 20 chances out of 38 to win and pays 8 to 5 total. (better than the 1 to 1 that red/black etc. pay) Would this not give me an edge over the house??



Isn't it 9/5? the 4 corners bets should pay 1/4 of what 1 inside number pays (36). So, 20/38ths of the time, you make 9:5. 18/38ths of the time, you make 0. (20/38)*(9/5)=180/190=18/19=.947368. 1-.947368=5.263%, which is the house edge in American roulette. So, no, this bet is no better than any other bet in roulette.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
dwheatley
dwheatley
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June 22nd, 2011 at 10:39:26 AM permalink
Combinations of bets with the same house edge have... the same house edge.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
FleaStiff
FleaStiff
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June 22nd, 2011 at 11:12:02 AM permalink
Quote: dwheatley

Combinations of bets with the same house edge have... the same house edge.


And except for the rather absurd bet on 0, 00, 1, 2, 3, ALL bets in roulette have a 5.26 house edge (considering the usual wheels and usual rules encountered in general casino floors).
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