mds
Joined: Sep 24, 2013
• Posts: 261
October 27th, 2016 at 10:29:22 AM permalink
Thanks to a friend who is there right this minute I have some news. Last night Wynn went to 30 to 1 on the ALL TALL and SMALL. 150 to 1 on the ALL... I don't play this bet anyway but ridiculous. Let people have at least a better payout on a losing proposition. When will the madness stop?
Wonder what does the HE go to now on these wagers? See below.

TALL AND SMALL
EV= 0.026354 x 30 - 0.973646 x 1 = -0.1830 = 18.30% HE

ALL
EV = 0.005258 x 150 - 0.994742 x 1 = -0.2060 = 20.60% HE
Last edited by: mds on Oct 27, 2016
TheoHuxtable
Joined: Feb 24, 2016
• Posts: 61
October 27th, 2016 at 11:09:16 AM permalink
Takes the house advantage up to 18% and 20%, yes? Still a little less than fire bet. Did Wynn have craps side bets before BC install?
Views are my own...
Joeshlabotnik
Joined: Jul 27, 2016
• Posts: 943
October 27th, 2016 at 11:22:41 AM permalink
You can't Wynn.
Ibeatyouraces
Joined: Jan 12, 2010
• Posts: 11933
October 27th, 2016 at 11:31:51 AM permalink
You shouldn't be paying the damn bet even if it had the original pay table! I don't understand the gripe.
DUHHIIIIIIIII HEARD THAT!
RonC
Joined: Jan 18, 2010
• Posts: 4874
October 27th, 2016 at 11:33:57 AM permalink
It is a brilliant move, along with the move some casinos have made to \$5 minimums on these bets.

Brilliant? No, I did not say good for gamblers; it is just a good way to change the edge a good bit and sneak it by without too many really noticing. The bet still pays "well"--30 to 1 is good for a side bet when people don't bother to know the house advantages; 150 to 1 is really good. People will bitch a little bit, but they'll still play for the big payoff.

Of course, it sucks. That goes without saying.

Thou shall not bet the center bets.
TomG
Joined: Sep 26, 2010
• Posts: 2113
October 27th, 2016 at 7:54:03 PM permalink
Is that on all the tables or just the low minimum ones?
RS
Joined: Feb 11, 2014
• Posts: 8623
October 27th, 2016 at 8:00:10 PM permalink
Quote: RonC

It is a brilliant move, along with the move some casinos have made to \$5 minimums on these bets.

Brilliant? No, I did not say good for gamblers; it is just a good way to change the edge a good bit and sneak it by without too many really noticing. The bet still pays "well"--30 to 1 is good for a side bet when people don't bother to know the house advantages; 150 to 1 is really good. People will bitch a little bit, but they'll still play for the big payoff.

Of course, it sucks. That goes without saying.

Thou shall not bet the center bets.

Perhaps. Although part me wants to believe enough people wouldn't like the change enough so they just quit making the bet. But.....I don't know if that'd be enough to make this change a bad thing for the casino or a good thing.

True, you shouldn't be betting it to begin with. But, "Why the gripe?" -- IMO -- moreso because this continues the negative path the casinos are on to make games worse. The ATS might no effect you or anyone else here, but the more casinos do this type of thing, the more they're going to do it to games you play....
MrV
Joined: Feb 13, 2010
• Posts: 6775
October 27th, 2016 at 8:08:19 PM permalink
A fellow I was talking to today said Wynn charged him quite a bit for parking, and he was a guest.

So, Wynn, MGM: any others jumping on the Pay for Parking bandwagon?
"What, me worry?"
Ibeatyouraces
Joined: Jan 12, 2010
• Posts: 11933
October 27th, 2016 at 8:08:53 PM permalink
Quote: RS

..True, you shouldn't be betting it to begin with. But, "Why the gripe?" -- IMO -- moreso because this continues the negative path the casinos are on to make games worse. The ATS might no effect you or anyone else here, but the more casinos do this type of thing, the more they're going to do it to games you play....

.
Griping won't work. Want proof? 6/5 blackjack is spreading worse than dandelions.
DUHHIIIIIIIII HEARD THAT!
RS
Joined: Feb 11, 2014