AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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April 23rd, 2014 at 5:10:31 PM permalink
Does that imply that if you have the edge, there is no longer any thrill, since the number becomes negative?

I disagree...
DJTeddyBear
DJTeddyBear
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April 23rd, 2014 at 6:47:05 PM permalink
Quote: Wizard

Good point. I've often thought about introducing a new statistic that I'll call the "degenerate gambler quotient" (DGQ) for now as the standard deviation divided by house edge. It would be a measurement of how much thrill you're getting for edge given up.

In the case of the South Point pay table the DGQ is 132.5.


Interesting concept.
How does 132.5 compare to any other Roulette bet, or a FireBet, or BJ Insurance, etc.?
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? 😁
tringlomane
tringlomane
Joined: Aug 25, 2012
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April 23rd, 2014 at 11:20:45 PM permalink
Quote: AxiomOfChoice

Does that imply that if you have the edge, there is no longer any thrill, since the number becomes negative?

I disagree...



I am definitely thrilled with vulturing Ultimate X this year. But there could be a simple adjustment for this I think. SD / abs(House Edge)
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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April 24th, 2014 at 12:14:39 AM permalink
Quote: tringlomane

I am definitely thrilled with vulturing Ultimate X this year. But there could be a simple adjustment for this I think. SD / abs(House Edge)

How many do you play on average how much are you up? Feel free to PM me i guess its not a good idea to let casinos know.

I dont know if a guy can make enough money in Vegas doing this the competition is horrible. I have been to a few out of state places that seem to be very lucrative. Perhaps I just caught a lucky time. I was amazed how many were left behind. It can be very fun, its not really the amount of money, its just the fact its free money, like finding flakes of gold in your pan.
♪♪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♪♪
michael99000
michael99000
Joined: Jul 10, 2010
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April 24th, 2014 at 12:22:44 AM permalink
Quote: Wizard

Good point. I've often thought about introducing a new statistic that I'll call the "degenerate gambler quotient" (DGQ) for now as the standard deviation divided by house edge. It would be a measurement of how much thrill you're getting for edge given up.

In the case of the South Point pay table the DGQ is 132.5.



I'd like to know if the DGQ could be applied to sports betting in some way
Mission146
Mission146
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April 24th, 2014 at 6:57:47 AM permalink
Quote: AxelWolf

How many do you play on average how much are you up? Feel free to PM me i guess its not a good idea to let casinos know.

I dont know if a guy can make enough money in Vegas doing this the competition is horrible. I have been to a few out of state places that seem to be very lucrative. Perhaps I just caught a lucky time. I was amazed how many were left behind. It can be very fun, its not really the amount of money, its just the fact its free money, like finding flakes of gold in your pan.



You're absolutely right on this one, AxelWolf, opportunities abound at a casino relatively close to me and it is quite lucrative. We're talking about eight total machines, and if I don't go +$20 in a day just on vulturing Ultimate X, (stopping at each machine only once) then I consider that a pretty disappointing day of it. There are so many multipliers left behind that +$20 is basically my minimal expectation for that.

In terms of vulturing Ultimate X in Vegas, exclusively, and making a living...that'd be a pretty poor living. I went out of my way to look for the play everywhere I went, hit dozens of casinos over five days, and that well has absolutely run dry. I probably could have afforded a six-pack of cheap beer on the total amount I came out ahead vulturing UX in five days...with exception to one really good VERY UNEXPECTED hit.

In terms of the EV of the multipliers I found in those five days, maybe +$20-$30 in EV, something like that, over the whole time I was there.

Although, RudeBoiOi taught me a few, and we discovered another easy tell for when they've been looked at, so that's at least a time saver.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
tringlomane
tringlomane
Joined: Aug 25, 2012
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April 24th, 2014 at 10:15:59 AM permalink
The newer the machines are, the better the opportunity for sure. I definitely wish I would have started doing this sooner. Oh well.
polivalo
polivalo
Joined: Mar 19, 2014
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April 26th, 2014 at 11:56:02 PM permalink
Quote: darkoz

Has the Wiz seen this roulette variant? I was curious about it. I just saw it today installed at both the Caesars and Borgata properties.

It is a regular E-roulette double zero game from Organic with a Football sidebet.

The game has a screen of a football field graphic which keeps track of the Football game.

Here are the rules.

The sidebet can be made at any time except during a "football game". The min. is $1 and max is $5.

If the outcome of any spin is any red or black number then the bet loses.

If the outcome of any spin is green - then the football game is initiated and the bet is locked until the outcome of the next four spins.

The player is asked to pick a team - red or black - if the player does not pick within the time allotted, they will be randomly given a team to root for.

Each spins outcome decides the yardage for the red or black team. The lower the number on the wheel, the less yardage gained. There is a key on the game to show how much yardage, for ex. number 1-10 = 3 yards while 31 - 36 equals fifteen yards.

So if red 7 is the next spin, the red team has gained 3 yards. If the second spin is 31 black, then the black team has gained 15 yards which would put the ball at 12 yards for the black team.

a green spin is no yardage.

At the end of the fourth spin, the position of the ball(that is the football on the graphic - not the position of the roulette ball) determines payouts.

fifty yard line = tie = 5:1
winning team wins are
41 - 49 yards = 10:1
31 - 40 yards = 25:1
21 - 30 yards = 50:1
11 - 20 yards = 75:1
1 - 10 yards = 250:1
touchdown - 500:1

the losing team actually still wins even money.

I'm sure this is a huge house edge sidebet but it seemed like fun and I was curious about it.

EDIT: I JUST DOUBLE CHECKED THE PHOTO IN MY PHONE AND I WAS A BIT BLURRY EYED AT TWO IN THE MORNING. THE PAYOUTS WERE OFF BY ONE YARD, EX. IT,S 1-10, NOT 1-9 AND 11-20, NOT 10-19. I JUST CORRECTED THEM IN THIS POST SO ABOVE IS CORRECT NOW.




Very interesting ... I like!!!
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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April 27th, 2014 at 1:16:35 AM permalink
Quote: tringlomane

The newer the machines are, the better the opportunity for sure. I definitely wish I would have started doing this sooner. Oh well.

The easier the money, the faster the opportunity dries up. The day will come when you won't even bother looking when you're in the casino. Usually it's either there's too many looking or the fish stop creating opportunity and maybe both. It's really just arbitrage.
I am a robot.
Wizard
Administrator
Wizard 
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April 9th, 2016 at 4:04:07 PM permalink
I can report that the Bellagio has Touchdown Roulette and follows the South Point pay table.

It's not whether you win or lose; it's whether or not you had a good bet.

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