Poll

1 vote (7.14%)
3 votes (21.42%)
2 votes (14.28%)
8 votes (57.14%)
4 votes (28.57%)
1 vote (7.14%)
1 vote (7.14%)
1 vote (7.14%)
5 votes (35.71%)
4 votes (28.57%)

14 members have voted

Wizard
Administrator
Wizard
Joined: Oct 14, 2009
  • Threads: 1344
  • Posts: 22245
October 3rd, 2020 at 3:30:58 PM permalink
2G'$ is one of two new side bets starting a run at the Gold Coast on October 8. It is quite simple, if the two spins after the bet is made are both 0 or 0-0, in any combination, the bet pays 350 to 1.

One of my Ten Commandments of Gambling is "Thou shalt not make sucker bets." However, this is a rare case where a side bet is better than the base game. The house edge on the 2G'$ bet is 2.77%.

For more information please see my analysis of 2G'$ or watch Heather's video below.

The question for the forum is would you bet on the 2G'$ if you were playing double-zero roulette anyway?

It's not whether you win or lose; it's whether or not you had a good bet.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
  • Threads: 178
  • Posts: 10266
October 3rd, 2020 at 6:06:27 PM permalink
This is NOT a sucker bet. Any roulette player who has a hint about the math, should play this.

That said, why would the casino offer this? Perhaps THEY don稚 understand the math.

And, yes. Even though my deal with Galaxy went south, I知 still holding out for Poker For Roulette.

http://www.davemillergaming.com/
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 22
  • Posts: 741
Thanks for this post from:
Chuckleberry
October 3rd, 2020 at 11:16:50 PM permalink
Every long shot 菟roposition bet I致e ever seen has had a very high edge, usually well over 20%. It really does seem like the casino misunderstands. I suppose part of the reason these bets normally carry a high edge is because the casino is taking some risk with the high variance
It痴 all about making that GTA
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
  • Threads: 1344
  • Posts: 22245
Thanks for this post from:
MrCasinoGamesChuckleberry
October 4th, 2020 at 5:00:52 AM permalink
Quote: Ace2

Every long shot 菟roposition bet I致e ever seen has had a very high edge, usually well over 20%. It really does seem like the casino misunderstands. I suppose part of the reason these bets normally carry a high edge is because the casino is taking some risk with the high variance



I think the casino would argue that the bet itself will draw more players and action to the table. Perhaps a comparison could be drawn to the odds bet in craps. Zero house edge, but it draws players in who bet (in fact are forced) to make other bets with a house edge.

However, you're right, the usual rule of thumb in the casino business is the higher the variance the higher the edge. You might say the casino is applying the Kelly Criterion.
It's not whether you win or lose; it's whether or not you had a good bet.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
  • Threads: 265
  • Posts: 14484
October 4th, 2020 at 8:31:28 AM permalink
it is simple, staightforward and will eat uo a bankroll faster, but i,d play it.

bad NME THOUGH
Last edited by: FleaStiff on Oct 4, 2020
MattUK
MattUK
Joined: Jul 25, 2017
  • Threads: 11
  • Posts: 131
October 5th, 2020 at 3:46:11 AM permalink
No. This is STILL higher house edge than normal roulette (which means one green zero). Far better to bet on any number - including green zero if you wish - for 35x win.
Perhaps that's why Heather looks as natural as if she would have a gun pointed at her. I almost wanted to call 911!
The only best bet on American Roulette is "00" winning even money instead of losing for a luxurious no house edge head or tail (19:19).

Since we're talking about roulette there is one bet clearly absent and it's 3:1 for any 9 number combination to be named Square or Quarter. It could be allowed by adding a line on the other side of the numbers with four places to bet - 1-9, 10-18, 19-27 and 28-36. Has anyone ever seen this bet somewhere? There's a lot of nonsense system bets with fancy French names, but no obvious 3:1 bet.

PS: I can answer my own question. Microgaming痴 Premier Roulette Diamond Edition has "Chip Bomb" bet where each of 10 numbers inside the layout (from 5 to 32) can be selected with all 8 surrounding them. That covers my idea for numbers 5, 14, 23 and 32 with 6 additional Square/Quarter bet shifted left or right. That can also work on some online versions with 4 neighbouring numbers left and right on the wheel from any chosen number, preferably green zero. Still, my idea would be just simpler and workable in a casino.
Last edited by: MattUK on Oct 5, 2020
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
  • Threads: 178
  • Posts: 10266
October 5th, 2020 at 5:25:30 AM permalink
Quote: MattUK

No. This is STILL higher house edge than normal roulette (which means one green zero).

There痴 your mistake.

In the original post, as well as in the article the Wiz posted, he very clearly indicates that this bet is meant for, and is being offered on, a double zero game.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
MattUK
MattUK
Joined: Jul 25, 2017
  • Threads: 11
  • Posts: 131
October 5th, 2020 at 6:06:42 AM permalink
Quote: DJTeddyBear

There痴 your mistake.
In the original post, as well as in the article the Wiz posted, he very clearly indicates that this bet is meant for, and is being offered on, a double zero game.


Oh Lord, give me strength. That's what I wrote about Teddy.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
  • Threads: 178
  • Posts: 10266
October 5th, 2020 at 9:46:55 AM permalink
Oh. The way you worded it made me think you though it was played on single zero roulette.

Yes, you池e right. It has a higher house than single zero roulette.

But it has a lower house edge than double zero roulette, and that痴 where the bet is offered.


I知 adjusting something I said earlier. The bold is my new part:
Quote: DJTeddyBear

This is NOT a sucker bet. Any roulette player who plays double zero roulette, and has a hint about the math, should play this.

Of course, if they really understood the math, they壇 play single zero...
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
MattUK
MattUK
Joined: Jul 25, 2017
  • Threads: 11
  • Posts: 131
October 5th, 2020 at 11:21:09 AM permalink
Quote: DJTeddyBear

Of course, if they really understood the math, they壇 play single zero...


I still don't quite agree. That "normal" roulette beats this pie in the sky bet doesn't make it the best variant. French Roulette halves that 2.70% to 1.35% and that's not nearly all. I especially like the Cayetano Money Back variant where if 0 is spun on any bet, the player is given a fair 50:50 chance to save the stake (they use the simplest - Head or Tail). Now that's a roulette Heather could be excited about! From 1/19 to 1/74 house edge and two games in one which makes it more fun than Roulette73 that never went off.
Last edited by: MattUK on Oct 5, 2020

  • Jump to: