seven
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August 19th, 2015 at 3:47:32 AM permalink
hi guys

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?
DeMango
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August 19th, 2015 at 5:46:31 AM permalink
A guaranteed loss on every decision? Wait, the casino will be sending a limo over shortly!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
seven
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August 19th, 2015 at 5:52:57 AM permalink
Quote: DeMango

A 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
rsactuary
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August 19th, 2015 at 5:57:53 AM permalink
^ 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!
seven
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August 19th, 2015 at 6:10:32 AM permalink
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%
Dieter
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August 19th, 2015 at 6:26:21 AM permalink
Quote: seven

any 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?
May the cards fall in your favor.
rsactuary
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August 19th, 2015 at 6:30:24 AM permalink
Quote: seven

thanks 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.
seven
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August 19th, 2015 at 6:32:36 AM permalink
Quote: rsactuary

Yes, 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
seven
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August 19th, 2015 at 6:36:04 AM permalink
Quote: Dieter

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?



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
rsactuary
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August 19th, 2015 at 6:39:19 AM permalink
I 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.
seven
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August 19th, 2015 at 7:01:33 AM permalink
Quote: rsactuary

I 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
rsactuary
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August 19th, 2015 at 7:04:04 AM permalink
Quote: seven

yes 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.
seven
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August 19th, 2015 at 7:13:12 AM permalink
Quote: rsactuary

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.



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
rsactuary
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August 19th, 2015 at 7:27:13 AM permalink
I didn't say the same.. I said "about" the same. See my calculations above.
TomG
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August 19th, 2015 at 7:39:06 AM permalink
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
rsactuary
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August 19th, 2015 at 7:54:14 AM permalink
Quote: TomG

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



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.
Dieter
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August 19th, 2015 at 12:56:41 PM permalink
Quote: seven

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



No 36 for 1 payout on 0?


Edit: saw a reply.
May the cards fall in your favor.
RS
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August 19th, 2015 at 2:27:18 PM permalink
99.7222222% return
0.27777% HE

Doesn't matter which number you bet on. HE is the same.
RS
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August 19th, 2015 at 2:28:44 PM permalink
double post
MathExtremist
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August 19th, 2015 at 7:21:16 PM permalink
If 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.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
seven
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August 19th, 2015 at 11:59:19 PM permalink
Quote: MathExtremist

If 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
RPKRisACE
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September 20th, 2015 at 8:59:07 AM permalink
Quote: seven

a 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).
CT ~ Rollorpoker ...will have you all in a spin!
seven
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September 20th, 2015 at 9:16:10 AM permalink
Quote: RPKRisACE

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).



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
RPKRisACE
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September 20th, 2015 at 1:44:46 PM permalink
Sorry ... paste error

Correct the house advantage/edge is 2.7% (1/37).
Basically a European Roulette ... blah blah

(broken link removed by mod)
CT ~ Rollorpoker ...will have you all in a spin!
seven
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September 20th, 2015 at 1:51:23 PM permalink
Quote: RPKRisACE

Sorry ... 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?
beachbumbabs
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September 20th, 2015 at 1:54:04 PM permalink
Quote: seven

Quote: RPKRisACE

Sorry ... 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.
If the House lost every hand, they wouldn't deal the game.
RPKRisACE
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September 20th, 2015 at 2:03:28 PM permalink
What the?

Approval of test houses
CT ~ Rollorpoker ...will have you all in a spin!
beachbumbabs
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September 20th, 2015 at 2:10:51 PM permalink
Quote: RPKRisACE

What the?

Approval of test houses



That one works, thanks.
If the House lost every hand, they wouldn't deal the game.
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