OnceDear
OnceDear
Joined: Jun 1, 2014
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December 24th, 2022 at 1:42:21 AM permalink
Quote: Theguyoverthere

Thanks for all the replies all.. to be clear, does betting both sides raise, lower, or stay the same for the expected value lost? I know variance goes way down but am I losing more, less, or the same per hour?
link to original post


Tend to Lose twice as much by betting both sides!
Your requirement is 'An hour of play' Say you can fit in X hands,
You have the choice X Bets of table min on one side or X Bets of table min on both sides of the game.
As already explained, X bets of table min will have half the expected loss of X bets of 2 times table min.
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
Deucekies
Deucekies
Joined: Jan 20, 2014
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December 27th, 2022 at 8:51:31 PM permalink
Quote: MDawg

Interesting that they don't charge commission on a Bank win for amounts less than $5. It is in fact the complete opposite at Resorts World Vegas, where in the high limit salon their electronic system rounds up any bet to the nearest hundred dollars, and then calculates commission.



Washington state is another jurisdiction where commission in baccarat can never exceed 5% by law, hence the rounding down.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Dieter
Administrator
Dieter
Joined: Jul 23, 2014
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December 28th, 2022 at 4:24:12 AM permalink
Quote: Theguyoverthere

Thanks for all the replies all.. to be clear, does betting both sides raise, lower, or stay the same for the expected value lost? I know variance goes way down but am I losing more, less, or the same per hour?
link to original post



Betting banker and player, at $15 each side:

The hands could tie, and both wagers push.
The player could win, you get $30 and try again.
The banker could win, you get $28.50 and try again.

I figure your $30 free food voucher costs you around $42, plus tips.

edit: I just realized I miscalculated the commission rate. I still don't think this is a good play.
Last edited by: Dieter on Dec 28, 2022
May the cards fall in your favor.
Mission146
Mission146
Joined: May 15, 2012
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December 28th, 2022 at 6:45:51 AM permalink
Personally, I wouldn't be inclined to assign a $30 food voucher a value of $30. I'd assign it equivalent value to the cheapest possible meal I could get elsewhere.

Actually, anytime I am doing land casino stuff for my purposes, I give food comps a cash value of $0.00.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219

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