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

MattUK
MattUK
Joined: Jul 25, 2017
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October 6th, 2020 at 4:18:49 AM permalink
Quote: Vegasrider

two back to back greens is very possible, especially when there is two.


Once every 361 spins, to be exact.
MattUK
MattUK
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October 6th, 2020 at 6:13:33 AM permalink
Wizard, I think it's worth to compare this unique "side bet" against at least two other of this kind.
One is Roulette Royale by Microgaming which is a "normal" roulette with the following side bets.
- the same number twice in a row pays $15
- three in a row pays $200
- four times in a row pays $3000
- five times in a row pays jackpot, currently at 396,824 (Break-even Value at 760,501)
The other that I am aware of is Roulette Premium by Paf. They are mumming the word as to the rules except that the higher the bet the better chance to win (which may or may not mean it's rising linearly). I understand there is no side bet as such, so whatever the exact rules are, the house edge is below 2.70%.
https://www.paf.com/en/table-games/demo/paf?game=com_premiumroulette
I would love to know the current RTP for that roulette.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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October 6th, 2020 at 6:55:26 AM permalink
Quote: MattUK

...One is Roulette Royale by Microgaming which is a "normal" roulette with the following side bets.
- the same number twice in a row pays $15
- three in a row pays $200
- four times in a row pays $3000
- five times in a row pays jackpot, currently at 396,824 (Break-even Value at 760,501).

That sounds a lot exactly like the idea I first floated in 2010, Hit It Again, except my payouts were $25, $250, $2,500, $125,000. House edge was 8.65%.

I was told it had little appeal, and that casinos wouldn稚 want to let go of that much money at one time, despite what the math said.

More info: http://www.davemillergaming.com/hia/
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? 😁
Mewtwo
Mewtwo
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unJon
October 7th, 2020 at 7:47:16 PM permalink
I'm in shock this thread's made it to 3 pages and no one's brought up the issue with this bet yet.

From my understanding, table game wins are required to be smacked with a W2-G if they are a win of at least $600 and 300x the base bet.

A player who parlays on a number and wins both times successfully will have won 35:1 both times, and neither win gets a forced declaration of income. A player who bets more than $1 on the 2G'$ on double zero and wins will end up having to admit they won that money and pay taxes on it. A player who bets even $1 on it and wins on it on single zero will get hit with the W2-G.

A gambler in even a modest tax bracket makes out better taking the slightly lower payout of a normal parlay and not eating the taxes on it, compared to a slightly higher payout that Uncle Sam is privy to, in most cases.
Wizard
Administrator
Wizard 
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October 8th, 2020 at 6:54:52 AM permalink
Quote: Mewtwo

I'm in shock this thread's made it to 3 pages and no one's brought up the issue with this bet yet.

From my understanding, table game wins are required to be smacked with a W2-G if they are a win of at least $600 and 300x the base bet.

A player who parlays on a number and wins both times successfully will have won 35:1 both times, and neither win gets a forced declaration of income. A player who bets more than $1 on the 2G'$ on double zero and wins will end up having to admit they won that money and pay taxes on it. A player who bets even $1 on it and wins on it on single zero will get hit with the W2-G.

A gambler in even a modest tax bracket makes out better taking the slightly lower payout of a normal parlay and not eating the taxes on it, compared to a slightly higher payout that Uncle Sam is privy to, in most cases.



Very good point! I should have thought of that. You're right about the W2-G requirements in table games. I just added a comment about that to my page.

I also have learned there is a single-zero version of this bet available, which I also now mention in my 2G'$ page.

By the way, the game debuts tomorrow at the Gold Coast. I hear they will be giving out swag.
It's not whether you win or lose; it's whether or not you had a good bet.
MattUK
MattUK
Joined: Jul 25, 2017
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October 8th, 2020 at 7:34:08 AM permalink
I have an idea for a "2in1" version of the French Roulette. Instead of taking half of the stake when 0 is spun, the same effect but with additional "game within the game" would be made by introducing a fair 50:50 chance to save it intact. For simplicity, I suggest the outcome of the previous spin. If it was the same, the stake is saved. If it was the opposite, it's lost. If it was green 0 too, we move another spin back. This requires a display with the last outcomes, but they are quite popular anyway.
For example, I bet 100 on Red and green 0 is spun. The previous outcome was 32 red, so my stake is saved (basically, I win a tie).
Note that it would allow playing with 25$ chips (and any other as far as the game is concerned) and works for any of the 6 even money bets.
unJon
unJon
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Chuckleberry
October 8th, 2020 at 8:45:39 AM permalink
Quote: MattUK

I have an idea for a "2in1" version of the French Roulette. Instead of taking half of the stake when 0 is spun, the same effect but with additional "game within the game" would be made by introducing a fair 50:50 chance to save it intact. For simplicity, I suggest the outcome of the previous spin. If it was the same, the stake is saved. If it was the opposite, it's lost. If it was green 0 too, we move another spin back. This requires a display with the last outcomes, but they are quite popular anyway.
For example, I bet 100 on Red and green 0 is spun. The previous outcome was 32 red, so my stake is saved (basically, I win a tie).
Note that it would allow playing with 25$ chips (and any other as far as the game is concerned) and works for any of the 6 even money bets.



You should always just bet the last color in that case. Think you need to use the spin after the green.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
DJTeddyBear
DJTeddyBear
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October 8th, 2020 at 8:57:01 AM permalink
Quote: DJTeddyBear

That sounds a lot exactly like the idea I first floated in 2010, Hit It Again...

More info: http://www.davemillergaming.com/hia/

Correction.

Because it works with 0 or 00, the 2G$ bet is not that much like my Hit It Again side bet.

However, the single zero version of 2G$ is a lot like my bet.

The difference is, in my bet, you're simply betting that whatever the last result was will repeat up to 4 more times.

Yeah, I know that's very rare, but that's why it would have paid a huge jackpot.

And so many people told me that no casino would ever be interested in such a side bet. Sigh...
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
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Chuckleberry
October 8th, 2020 at 9:15:37 AM permalink
Really silly mistake from me. Thanks for the correction. Next spin does it.
MrCasinoGames
MrCasinoGames
Joined: Sep 13, 2010
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Chuckleberry
October 8th, 2020 at 9:42:06 AM permalink
Quote: MattUK

Really silly mistake from me. Thanks for the correction. Next spin does it.


En prison rule for roulette from the Wikipedia: https://bit.ly/3nrVJp0

In roulette, the en prison rule is an opportunity to recover one's stakes after a spin of zero, provided one's bet was even-odds (i.e. high僕ow, even撲dd, red肪lack). It is a variant of the la partage rule, in which a player loses only half their even-odds stake if the original spin is a zero, recouping the other half (partage being French for "sharing"). In European casinos, where la partage is customary, the player may be given the option instead to place their original stake en prison ("in prison" in French). The stake is left on the previous bet, and the croupier places a marker on it to show it is en prison. If the bet wins on the next spin, the player's stake is returned; if it loses, it is forfeited. Different casinos adopt different rules for the case where zero comes up a second time: it may be treated as won, lost, la partage or en prison.

The 'La Partage' version of Roulette is more favorable towards the player when compared to the standard American and European Roulette Games. It has a payout percentage of 98.65%, which means the house edge is 1.35%, but this is only the case when the player is betting on a two-sided outside bet. https://bit.ly/3nrVJp0
Last edited by: MrCasinoGames on Oct 8, 2020
Stephen Au-Yeung (Legend of New Table Games®) NewTableGames.com

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