What would the House Edge be on the games I just had in my dream/nightmare?
August 15th, 2011 at 5:00:50 AM
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I have extremely vivid dreams. While not "real," the scenarios presented are often extremely "realistic" in the sense that while asleep, I feel as though they truly could be happening. I often will wake up and wonder if I did anything in them. For example, after playing a lot of blackjack, I will dream about hands being played out, but there will be about the right number of winners and losers (I guess I'm not optimistic enough to dream of 20 hands in a row of Blackjacks).
Okay, so the dream (or nightmare depending on how you look at it) last night... I was heading to a nearby local town that had a "game of skill" card parlor. I was able to get there using a people mover which ran for about 15 miles, and took a car the rest of the way. The parlor was called "Rivers" casino, since I think it was situated near a river. I was first in line, until I realized I forgot to park my car. I had to be at work at noon, and it was already 9:60, so I knew I wouldn't have much time to play. I buy in for $60 which after counting the payout was only $55, but at least they paid me in two greens and five whites. I slipped 1 white in my pocket to keep the chip for my souvenir collection (a hobby I have in real life), and sat down at a $7, ten-deck table. You couldn't play unless the corporation had enough money to pay out, so I had to wait a few hands. Then, I saw the dreaded rules printed on the table...
"Blackjacks paid 6:5, Double on 9-20 only" There was a shoe on the table, but somehow the dealer was dealing all ten-decks from the hand (another patron commented that it was easier that way). I chose not to play that game, so I left, but not before the floorman berated me for being a loser (since I cashed out with $54 instead of the $60). I threatened to expose the casino, before the owner handed me a hand written receipt that offered me to come back for free and play $100 on them (I could cash any winnings over the $100).
I came back, figuring I'd try to win my $6 back maybe some gas money. I scanned my options for other tables; there was roulette where every win you had to pay the house 2 cents in commission on every $5 bet. There was a double-deck table that paid 3:5 on Blackjack and regular wagers won $.59 on the dollar. I decided that 6:5 was my best option. By the way, the play on the table was WRETCHED! Basic strategy went out the window. I ended up winning the money back before my alarm went off about 20 minutes.
My guess is the dream was inspired by watching the original Ocean's 11 last night (more on that later I think). But what would the house edge be on the games? The rules were
1) Ten-deck, 6:5 on BJ, Double on 9-20 only (I assume hard hands only), H17, with about $5 taken out before you receive your chips. (Table mins were $7 but most players were playing $10 or $12)
2) 2-decks, 3:5 on BJ, $.59:$1 wagered on all other hands, double on 3,4,5 only, H17, (Table mins were $25, with players playing $100).
3) Standard double-00 roulette wheel, with 2 cent commission on wins for every $5 wagered (I'll point out that this game would not be a game of skill and I didn't see it on my first trip. Only on the free $100 trip.)
And one more question if you're still reading this... when will Caesars start implementing these rules? ;)
Okay, so the dream (or nightmare depending on how you look at it) last night... I was heading to a nearby local town that had a "game of skill" card parlor. I was able to get there using a people mover which ran for about 15 miles, and took a car the rest of the way. The parlor was called "Rivers" casino, since I think it was situated near a river. I was first in line, until I realized I forgot to park my car. I had to be at work at noon, and it was already 9:60, so I knew I wouldn't have much time to play. I buy in for $60 which after counting the payout was only $55, but at least they paid me in two greens and five whites. I slipped 1 white in my pocket to keep the chip for my souvenir collection (a hobby I have in real life), and sat down at a $7, ten-deck table. You couldn't play unless the corporation had enough money to pay out, so I had to wait a few hands. Then, I saw the dreaded rules printed on the table...
"Blackjacks paid 6:5, Double on 9-20 only" There was a shoe on the table, but somehow the dealer was dealing all ten-decks from the hand (another patron commented that it was easier that way). I chose not to play that game, so I left, but not before the floorman berated me for being a loser (since I cashed out with $54 instead of the $60). I threatened to expose the casino, before the owner handed me a hand written receipt that offered me to come back for free and play $100 on them (I could cash any winnings over the $100).
I came back, figuring I'd try to win my $6 back maybe some gas money. I scanned my options for other tables; there was roulette where every win you had to pay the house 2 cents in commission on every $5 bet. There was a double-deck table that paid 3:5 on Blackjack and regular wagers won $.59 on the dollar. I decided that 6:5 was my best option. By the way, the play on the table was WRETCHED! Basic strategy went out the window. I ended up winning the money back before my alarm went off about 20 minutes.
My guess is the dream was inspired by watching the original Ocean's 11 last night (more on that later I think). But what would the house edge be on the games? The rules were
1) Ten-deck, 6:5 on BJ, Double on 9-20 only (I assume hard hands only), H17, with about $5 taken out before you receive your chips. (Table mins were $7 but most players were playing $10 or $12)
2) 2-decks, 3:5 on BJ, $.59:$1 wagered on all other hands, double on 3,4,5 only, H17, (Table mins were $25, with players playing $100).
3) Standard double-00 roulette wheel, with 2 cent commission on wins for every $5 wagered (I'll point out that this game would not be a game of skill and I didn't see it on my first trip. Only on the free $100 trip.)
And one more question if you're still reading this... when will Caesars start implementing these rules? ;)
"One out of every four people are [morons]"- Kyle, South Park
August 15th, 2011 at 7:09:29 AM
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I wonder how many others of us dream about gambling. You're not the only one, I know that. I do it too.
Interesting side-note, there are illegal slot parlors in Texas that have video blackjack machines that pay 3 for 2 on wins (that is, you bet 50 cents, it pays you 75) and 10 for 2 on Blackjacks.
Oddly, I never saw any BJs in the couple hundred hands I put through the machine. (In my defense, I was drunk, this was immediately outside a strip club, and playing one dime at a time, it was the cheapest way to sober up and wildly amusing to boot).
Quote: Tiltpoul
I came back, figuring I'd try to win my $6 back maybe some gas money. I scanned my options for other tables; there was roulette where every win you had to pay the house 2 cents in commission on every $5 bet. There was a double-deck table that paid 3:5 on Blackjack and regular wagers won $.59 on the dollar.
Interesting side-note, there are illegal slot parlors in Texas that have video blackjack machines that pay 3 for 2 on wins (that is, you bet 50 cents, it pays you 75) and 10 for 2 on Blackjacks.
Oddly, I never saw any BJs in the couple hundred hands I put through the machine. (In my defense, I was drunk, this was immediately outside a strip club, and playing one dime at a time, it was the cheapest way to sober up and wildly amusing to boot).
August 15th, 2011 at 10:59:08 AM
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Quote: Tiltpoul3) Standard double-00 roulette wheel, with 2 cent commission on wins for every $5 wagered
Easy enough:
Bet $250 on red (so the commission is $1)
9/19 of the time, you win $249
10/19 of the time, you lose $250
EV after 19 spins = -259; house edge = 259 / (19 x 250) x 100% = 5.4526%
August 15th, 2011 at 12:17:48 PM
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Quote: ThatDonGuyEasy enough:
Bet $250 on red (so the commission is $1)
9/19 of the time, you win $249
10/19 of the time, you lose $250
EV after 19 spins = -259; house edge = 259 / (19 x 250) x 100% = 5.4526%
Yeah that one did occur to me to be very easy... I only added it in there as it was part of the dream. I'm more curious about 3:5 on BJS and .$59:$1 on all other wins. And would there be a time where it would be advantageous to double on 3,4, or 5? It just has to be a ridiculously high edge game.
"One out of every four people are [morons]"- Kyle, South Park
