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100xOdds
100xOdds
  • Threads: 660
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Joined: Feb 5, 2012
September 22nd, 2014 at 1:43:19 PM permalink
on cruise ship.
vig paid upfront.
whats the HE?

edit:
nevermind foijnd it 3.85%
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
mustangsally
mustangsally
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Joined: Mar 29, 2011
September 22nd, 2014 at 2:06:05 PM permalink
Buy 4 or Buy 10 or
Buy4 and Buy 10 at the same time?
then the house edge can be more than one value, but the ev will be just 2* that of 1

I thought the HE on Buy bets was simple when paying the vig up front

1/26 per bet resolved
the 26 = how much you gave to the dealer to make the bet


for per roll just multiply your value by the probability of the bet winning or losing on the next roll

Buy4 = 3+6/36
1/26 * 9/36 =
1/26 * 1/4 =
1/104
abouts 0.00961538461538461538461538461538

have fun!
me too
Sally
I Heart Vi Hart
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