MathExtremist
MathExtremist
Joined: Aug 31, 2010
  • Threads: 88
  • Posts: 6526
September 28th, 2010 at 6:23:22 PM permalink
Here's the scenario: a casino has just put a new side bet on a table game. The casino manager says to the pit boss, "let me know how many bets it gets during your shift."

How does the pit boss instruct his dealers to make that happen?

I can think of a few ways, but I'm interested in how it may have been done before.

And how does your answer change if the casino manager also wants to know win/loss amounts (e.g. actual win from the bet) as well?
"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
Larrymac
Larrymac
Joined: Dec 3, 2010
  • Threads: 2
  • Posts: 18
December 4th, 2010 at 11:27:19 AM permalink
We had the dealers keep the far right tube of their tray empty and put all losing side bets there. The supervisor then came around occassionally and counted it up and the chips were then moved out of that tube. We did not keep track of win/loss. We just wanted to see how much action we were getting and trusted the math for the expected win.
Don't get me started on House Advantage vs. Hold Percentage!
MathExtremist
MathExtremist
Joined: Aug 31, 2010
  • Threads: 88
  • Posts: 6526
December 4th, 2010 at 2:07:46 PM permalink
Thanks - I've heard that from several other TGDs, so I guess that's a recognized way to do it.
"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

  • Jump to: