Pai Gow Tiles
May 6th, 2011 at 8:43:24 AM
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I had some correspondence about Pai Gow Tiles with a friend of mine, which had me thinking about the house edge as shown in the Wizardofodds website. When a player banks, there is a reduced house edge.
But aside from the edge that the player/banker (P/B) has over the house bet, does the house still make money at the expense of the other players? That is, the P/B has a reduced edge due to the Tie factor, but because the house is taking 5% from the PB and the player wins, I would think it would make little difference to the house whether or not the player banked or the house banked (aside from the bet that the house has to post)?
But aside from the edge that the player/banker (P/B) has over the house bet, does the house still make money at the expense of the other players? That is, the P/B has a reduced edge due to the Tie factor, but because the house is taking 5% from the PB and the player wins, I would think it would make little difference to the house whether or not the player banked or the house banked (aside from the bet that the house has to post)?
