I would like to hear your opinion about the following roulette rules.
it is a European single zero wheel
you need to bet a minimum of 1$ each bet. payouts will be:
lets say you bet $1 on # 10 the normal payouts applies beside if the zero is rolled
you lose $! but you get back $ .90 so in real you lose only $.10
lets take the outside bets like black/red etc. you bet $100 on red and zero is rolled
you lose the $100 but you get back $90 so in real you lose $10
that means that each time a zero is rolled you get back 90% of your bet
any opinions?
Quote: DeMangoA guaranteed loss on every decision? Wait, the casino will be sending a limo over shortly!
roulette is always a loss that is no news at all. but maybe you could read it again and don't you
think it is much better odds than the regular ones? sorry I forgot to mention it is a European single
zero wheel
The EV for a straight up number (and everything but the basket) would be:
1. Assuming a 00 wheel:
1/38 * 35 + 35/38* 0 + 2/38 * 0.9 = 96.8%
2. Assuming a 0 wheel:
1/37 * 35 + 35/37 * 0 + 1/37 * 0.9 = 97.0%
I'm sure someone will check my math!
Quote: rsactuary^ I don't think DeMango understood the question...
The EV for a straight up number (and everything but the basket) would be:
1. Assuming a 00 wheel:
1/38 * 35 + 35/38* 0 + 2/38 * 0.9 = 96.8%
2. Assuming a 0 wheel:
1/37 * 35 + 35/37 * 0 + 1/37 * 0.9 = 97.0%
I'm sure someone will check my math!
thanks for the answer. but my understanding is that
a 00 wheel HE is 5.4%
and
a 0 wheel HE is 2.7%
Quote: sevenany opinions?
I don't think there is enough edge for the house to offer the game.
Is there a matching 90% rule for betting on the zero?
Quote: seventhanks for the answer. but my understanding is that
a 00 wheel HE is 5.4%
and
a 0 wheel HE is 2.7%
Yes, but you changed the payouts, which changes the HE.
Quote: rsactuaryYes, but you changed the payouts, which changes the HE.
sure you are right I just wanted to make sure that we all know the original HE
of the European 0 wheel
Quote: DieterI don't think there is enough edge for the house to offer the game.
Is there a matching 90% rule for betting on the zero?
I am not sure if I understood your question. but lets say you bet $10 on zero and zero
is rolled you get back $.9 so the real loss is $.10
I hope that is what you meant :) and if not please ask again, thanks
Quote: rsactuaryI understood the question to mean that if you bet on 17 and a 0 or 00 is rolled, you get back $0.9. that's what my calculations assume, anyways.
yes you are right but please lets stay with the European 0 wheel :) to avoid any confusion
Quote: sevenyes you are right but please lets stay with the European 0 wheel :) to avoid any confusion
doesn't really matter, it's about the same HE.
What happens if you bet on "0", and "0" comes up? Do you win 35 + 0.9? My analysis above assumes that's the case.
Quote: rsactuarydoesn't really matter, it's about the same HE.
What happens if you bet on "0", and "0" comes up? Do you win 35 + 0.9? My analysis above assumes that's the case.
sorry but 0 and 00 is not the same HE IMHO
if you bet $10 on zero you get 35:1 = 350 + 10(bet) and you get back additional $9 of the original $10 bet
Quote: rsactuary
2. Assuming a 0 wheel:
1/37 * 35 + 35/37 * 0 + 1/37 * 0.9 = 97.0%
I'm sure someone will check my math!
I think that should be 1/37 x 36. . . because you keep your original bet. eg bet $1 on 23 and it hits, you now have $36. I get 99.7%.
Which makes sense. A roulette wheel with no zero has a 100% payback. In this case if zero hits, you lose only a small fraction.
Seems like a good promo similar to Blackjack pays two-to-one or something, but can't see a casino ever offering this game consistently. Maybe online (even a legitimate online casino) where there is very little overhead
Quote: TomGI think that should be 1/37 x 36. . . because you keep your original bet. eg bet $1 on 23 and it hits, you now have $36. I get 99.7%.
Which makes sense. A roulette wheel with no zero has a 100% payback. In this case if zero hits, you lose only a small fraction.
Seems like a good promo similar to Blackjack pays two-to-one or something, but can't see a casino ever offering this game consistently. Maybe online (even a legitimate online casino) where there is very little overhead
yes, of course! I was a little perplexed why my calcs weren't closer to 100%, since, as you say, there's hardly an impact with the 0.
Quote: sevenI am not sure if I understood your question. but lets say you bet $10 on zero and zero
is rolled you get back $.9 so the real loss is $.10
I hope that is what you meant :) and if not please ask again, thanks
No 36 for 1 payout on 0?
Edit: saw a reply.
0.27777% HE
Doesn't matter which number you bet on. HE is the same.
Quote: MathExtremistIf I'm reading that right, it's just a version of la partage with 90% back rather than 50%, and maybe applying to all bets rather than just outside ones.
you are correct regarding la partage but as you guessed it applies to all bets.
in short: no matter what you bet if it lands on 0 you get 90% of your wager back
IMO the outside players will like it but I am not sure about the other players
Quote: sevena 0 wheel HE is 2.7%
Basically a European Roulette single inside number wins 1/37 and loses 36/37
I recollect this from being in communication with an approved 'test house' (to test compliance against Gambling Commission technical standards and requirements).
Quote: RPKRisACEBasically a European Roulette single inside number wins 1/37 and loses 36/37
I recollect this from being in communication with an approved 'test house' (to test compliance against Gambling Commission technical standards and requirements).
sorry but I am not sure if I understand your comment.
a single 0 table HE is 2.7% depending on the handling of the single chance outside bets. I mean if they
are split or put in prison or just lose.
the numbers you gave for a single 0 table 1/37 and loses 36/37 telling me that it is 2.7% HE
sounds very interesting this "test house" would you mind to give a link? thx
Correct the house advantage/edge is 2.7% (1/37).
Basically a European Roulette ... blah blah
(broken link removed by mod)
Quote: RPKRisACESorry ... paste error
Correct the house advantage/edge is 2.7% (1/37).
Basically a European Roulette ... blah blah
http://www.gamblingcommission.gov.uk/Approval-of-test-houses.aspx
what kind of link is this?
Quote: sevenQuote: RPKRisACESorry ... paste error
Correct the house advantage/edge is 2.7% (1/37).
Basically a European Roulette ... blah blah
(broken link removed by mod)
what kind of link is this?
A broken one....now removed, thanks.
Approval of test houses
Quote: RPKRisACEWhat the?
Approval of test houses
That one works, thanks.