100xOdds
100xOdds
  • Threads: 660
  • Posts: 4532
Joined: Feb 5, 2012
March 18th, 2012 at 9:49:01 PM permalink
3x odds has a .47% house edge. but because its a machine, u dont tip it.

20x odds has a .065% house edge. but its customary to tip 5% of winnings.

it's 1am and i'm tooooo tired to do that math.

Who comes out ahead? and by how much?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
FleaStiff
FleaStiff
  • Threads: 265
  • Posts: 14484
Joined: Oct 19, 2009
March 18th, 2012 at 10:00:56 PM permalink
Quote: 100xOdds

it's 1am and i'm tooooo tired to do that math.


Then quit gambling.

By the way, the answer is 20x odds.
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
March 19th, 2012 at 1:31:20 AM permalink
Why does it have to be A or B? The table odds should have no decision in if you tip or not. Tipping increases the house advantage, but it is up to you.
DJTeddyBear
DJTeddyBear
  • Threads: 210
  • Posts: 11059
Joined: Nov 2, 2009
March 19th, 2012 at 4:22:35 AM permalink
Quote: Boz

Tipping increases the house advantage...

It does NOT increase house advantage, since that is not going to the house. It DOES decrease profitability, but that's part of the game too, and should be factored in.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
March 19th, 2012 at 6:48:41 AM permalink
Quote: DJTeddyBear

It does NOT increase house advantage, since that is not going to the house. It DOES decrease profitability, but that's part of the game too, and should be factored in.



Correct on both points.
  • Jump to: