EvenBob
EvenBob
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Mission146
July 19th, 2021 at 8:03:20 PM permalink
Quote: Mission146

EvenBob is 100% correct. I will never watch the thousands, or tens of thousands of spins on a live Roulette wheel necessary to make that determination.



Tens of thousands at least before you start to notice. This stuff didn't come to me 20 minutes after I started playing roulette, it took a couple of years. Practicing for a couple hours a day.
"It's not enough to succeed, your friends must fail." Gore Vidal
EvenBob
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Mission146
July 19th, 2021 at 8:19:13 PM permalink
Quote: AxelWolf



If a roulette game has lost money for the house over a quarter, or whatever, its absolutely due to someone getting super lucky



And that is exactly almost word-for-word what I said. And there has never been a time at the end of a quarter a casino has ever said well, we lost money on our slot machines last month. Casinos absolutely depend on slot machines for the majority of their gambling revenue every month. They are as dependable as the sun coming up.

"Let's look at the July 2017 revenue report from the Nevada Gaming Control Board. We can start on the Strip, then look at some other areas.
Keep in mind that revenue reports in most jurisdictions lump together all electronic games. So totals here will include not only slot machines, but video poker, video keno and video blackjack.
In that month, there were 38,434 slot machines in operation at the Strip's 40 locations. They earned $269,527,000.
If we divide the revenue by the number of machines, that comes to $7,013 per machine for the month. Divide again by 31 for the number of day, and that's $226."

You can include electronic roulette because all they are is glorified slot machines
"It's not enough to succeed, your friends must fail." Gore Vidal
darkoz
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Mission146
July 19th, 2021 at 8:27:20 PM permalink
So, for electronic Roulette what EB is saying is:

If player A bets 1-18 and zero every spin

And player B bets 19-36 and double zero every spin

And both players wager exactly the same amount.

Then the hold at the end will not be 5.26%?

Because if it is 5.26% then it's just regular double zero Roulette
For Whom the bus tolls; The bus tolls for thee
AxelWolf
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July 20th, 2021 at 12:29:21 AM permalink
Quote: EvenBob

And that is exactly almost word-for-word what I said. And there has never been a time at the end of a quarter a casino has ever said well, we lost money on our slot machines last month. Casinos absolutely depend on slot machines for the majority of their gambling revenue every month. They are as dependable as the sun coming up.

"Let's look at the July 2017 revenue report from the Nevada Gaming Control Board. We can start on the Strip, then look at some other areas.
Keep in mind that revenue reports in most jurisdictions lump together all electronic games. So totals here will include not only slot machines, but video poker, video keno and video blackjack.
In that month, there were 38,434 slot machines in operation at the Strip's 40 locations. They earned $269,527,000.
If we divide the revenue by the number of machines, that comes to $7,013 per machine for the month. Divide again by 31 for the number of day, and that's $226."

You can include electronic roulette because all they are is glorified slot machines

You didn't even quote my entire sentence and then claimed it's almost exactly what you said word for word.
♪♪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♪♪
Mission146
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July 20th, 2021 at 3:56:24 AM permalink
Quote: EvenBob

Tens of thousands at least before you start to notice. This stuff didn't come to me 20 minutes after I started playing roulette, it took a couple of years. Practicing for a couple hours a day.



Tens of thousands before, "I start to notice," that the distribution of results is different than an RNG? That's correct, because that is about how many it should mathematically take before one should even start to believe one is seeing something strange.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
EvenBob
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July 20th, 2021 at 9:19:41 AM permalink
Quote: Mission146

Tens of thousands before, "I start to notice,"



Except it doesn't work a linear fashion. You start out by playing nothing but actual results from past roulette sessions that are readily available on the internet. After a long while of doing that when you run across RNG results the two don't jive. And a long while after that you start to realize what's going on. The RNG is always playing a smooth game of random outcomes and the live wheel is playing the long game. A lot of the things you see on a live wheel you will never ever see on an RNG wheel.
"It's not enough to succeed, your friends must fail." Gore Vidal
Mission146
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July 20th, 2021 at 9:30:59 AM permalink
Quote: EvenBob

Except it doesn't work a linear fashion. You start out by playing nothing but actual results from past roulette sessions that are readily available on the internet. After a long while of doing that when you run across RNG results the two don't jive. And a long while after that you start to realize what's going on. The RNG is always playing a smooth game of random outcomes and the live wheel is playing the long game. A lot of the things you see on a live wheel you will never ever see on an RNG wheel.



I apologize. I didn't mean for my post to give the impression that I actually care.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
darkoz
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July 20th, 2021 at 9:31:12 AM permalink
Quote: EvenBob

Except it doesn't work a linear fashion. You start out by playing nothing but actual results from past roulette sessions that are readily available on the internet. After a long while of doing that when you run across RNG results the two don't jive. And a long while after that you start to realize what's going on. The RNG is always playing a smooth game of random outcomes and the live wheel is playing the long game. A lot of the things you see on a live wheel you will never ever see on an RNG wheel.



And yet you don't have any data to present.

Hand over all this work you claim to have observed and let math and graph educated people go over it.
For Whom the bus tolls; The bus tolls for thee
Mission146
Mission146
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July 20th, 2021 at 9:33:32 AM permalink
Quote: darkoz

And yet you don't have any data to present.

Hand over all this work you claim to have observed and let math and graph educated people go over it.



For $200/hour, unless you meant someone else. (This is a joke. I don't charge for math work, not to say I never would. In this case, I just wouldn't do it.)
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
billryan
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July 20th, 2021 at 9:57:04 AM permalink
A simple experiment should prove this.
If you bet on red, black, odd and even, then the ball should land on green.
Or you could cover every possible bet so they all pay out the same and watch as the machine blows a gasket trying to pay out as little as possible.
The difference between fiction and reality is that fiction is supposed to make sense.

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