Dice -- Zero house edge game online
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 | 3 votes (33.33%) | ||
| | 3 votes (33.33%) | ||
| | 2 votes (22.22%) | ||
| | 1 vote (11.11%) |
9 members have voted
March 10th, 2015 at 5:11:31 PM
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In my continued progress going through all the Gamesys games, I have found one called just Dice. All the bets are zero house edge but you have to pay a commission on any win when you're done playing.
As always, I welcome comments, suggestions, and especially corrections.
The question for the poll is would you Dice?
As always, I welcome comments, suggestions, and especially corrections.
The question for the poll is would you Dice?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
March 10th, 2015 at 5:17:52 PM
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It's basically roulette with dice. I'd give it a go.
Edited to add: scratch that.. not at 10% commission
Edited to add: scratch that.. not at 10% commission
March 10th, 2015 at 6:04:37 PM
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The only way I'd play it (and I doubt if this is the case) is if there were some kind of promotion with Wagering Requirements and I could offset Low/Mid/High and Even/Odd bets to win zero, pay zero commission, and collect the Bonus. Same thing if it was one of those online casinos with, "Player's Club," points that convert to Free Play.
Unfortunately, I think the best case scenario is they would disqualify you and refund your deposit, worst case scenario is they disqualify you and either keep your deposit or make you do it on something else.
I'd imagine this game probably isn't allowed in the first place, though.
Unfortunately, I think the best case scenario is they would disqualify you and refund your deposit, worst case scenario is they disqualify you and either keep your deposit or make you do it on something else.
I'd imagine this game probably isn't allowed in the first place, though.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
March 10th, 2015 at 9:48:03 PM
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Keep in mind this is 10% commission on the NET win. So if you plan to play for a long time, this isn't that bad of a game.
March 10th, 2015 at 10:23:43 PM
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I'm sure some sucker will play it.
There's a ton of online gambling that people are dumb enough to play.
There's a ton of online gambling that people are dumb enough to play.
March 10th, 2015 at 11:03:20 PM
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I have to admit when I seen the tittle (I don't look at the thread posters name) I thought this was another crappy online craps system.Quote: WizardIn my continued progress going through all the Gamesys games, I have found one called just Dice. All the bets are zero house edge but you have to pay a commission on any win when you're done playing.
As always, I welcome comments, suggestions, and especially corrections.
The question for the poll is would you Dice?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
March 11th, 2015 at 6:18:09 AM
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Quote: tringlomaneKeep in mind this is 10% commission on the NET win. So if you plan to play for a long time, this isn't that bad of a game.
I agree. I think I'm going to run some simulations to prove it.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
March 11th, 2015 at 6:55:08 AM
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Quote: WizardI agree. I think I'm going to run some simulations to prove it.
Turns out I didn't need to run simulations as a spreadsheet was all I needed. Here is the effective house edge by number of bets, assuming the player flat bets any even money bet.
| Bets | Net EV |
|---|---|
| 100 | -0.40% |
| 200 | -0.28% |
| 300 | -0.23% |
| 500 | -0.18% |
| 750 | -0.15% |
| 1000 | -0.13% |
| 1500 | -0.10% |
| 2000 | -0.09% |
| 3000 | -0.07% |
| 5000 | -0.06% |
| 7500 | -0.05% |
| 10000 | -0.04% |
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
March 11th, 2015 at 3:10:37 PM
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Quote: WizardTurns out I didn't need to run simulations as a spreadsheet was all I needed. Here is the effective house edge by number of bets, assuming the player flat bets any even money bet.
Bets Net EV 100 -0.40% 200 -0.28% 300 -0.23% 500 -0.18% 750 -0.15% 1000 -0.13% 1500 -0.10% 2000 -0.09% 3000 -0.07% 5000 -0.06% 7500 -0.05% 10000 -0.04%
That's gotta be different for bets with more variance though
March 11th, 2015 at 3:42:28 PM
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Quote: sc15That's gotta be different for bets with more variance though
Agreed. Here is part of that chart for a 2 to 1 bet with 1/3 chance of winning.
| Bets | Net EV |
|---|---|
| 100 | -0.56% |
| 200 | -0.40% |
| 300 | -0.33% |
| 500 | -0.25% |
| 750 | -0.21% |
| 1000 | -0.18% |
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
