Canyonero
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October 29th, 2013 at 9:22:23 AM permalink
During my last trip, I ventured into "in-running" (aka "live") sports betting.

It really sucked, it is executed terribly by Cantor Gaming, but I enjoyed it tremendously.

So I was thinking that this special kind of excitement should be brought to the gambling tables. I also enjoy Sigma Derby and to a lesser extent Greyhound racing, even though it is all just for show.

The table game equivalent of sports betting would be a game where you would bet on the outcome of a "game" consisting of several rounds. During each of these rounds you might get closer to or move farther from your desired outcome. The odds for bets in between rounds of a game would be changing after each individual round depending on which outcome is more likely atm. It might be played with cards or dice or anything really.

Craps has the element of several rounds, but the big difference is that each round you either hit your number or you don't. You don't get "close", you don't have to sweat that final "inch" and there is no chance for that miracle comback when all seems lost.

(Anyobody remember Tom Brady completing that pass into the end zone with 5 seconds on the clock vs. the Saints? Needless to say my money was riding on the Saints.)

Anything in the works, game inventors?
AZDuffman
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October 29th, 2013 at 12:18:17 PM permalink
Quote: Canyonero



The table game equivalent of sports betting would be a game where you would bet on the outcome of a "game" consisting of several rounds. During each of these rounds you might get closer to or move farther from your desired outcome. The odds for bets in between rounds of a game would be changing after each individual round depending on which outcome is more likely atm. It might be played with cards or dice or anything really.



The two problem I see with such games are first it is not a fast enough turn for the casino and to be honest even craps is beyond the attention span of half the population. Such a game also may need a crew vs one dealer.
All animals are equal, but some are more equal than others
beachbumbabs
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October 29th, 2013 at 1:16:50 PM permalink
Quote: Canyonero

During my last trip, I ventured into "in-running" (aka "live") sports betting.

It really sucked, it is executed terribly by Cantor Gaming, but I enjoyed it tremendously.

So I was thinking that this special kind of excitement should be brought to the gambling tables. I also enjoy Sigma Derby and to a lesser extent Greyhound racing, even though it is all just for show.

The table game equivalent of sports betting would be a game where you would bet on the outcome of a "game" consisting of several rounds. During each of these rounds you might get closer to or move farther from your desired outcome. The odds for bets in between rounds of a game would be changing after each individual round depending on which outcome is more likely atm. It might be played with cards or dice or anything really.

Craps has the element of several rounds, but the big difference is that each round you either hit your number or you don't. You don't get "close", you don't have to sweat that final "inch" and there is no chance for that miracle comback when all seems lost.

(Anyobody remember Tom Brady completing that pass into the end zone with 5 seconds on the clock vs. the Saints? Needless to say my money was riding on the Saints.)

Anything in the works, game inventors?



The Fire bet in Craps does this and seems to be quite popular, spanning several points on a single shooter. Other bets spanning several points have done less well. But the ground has been broken.

There have been several bet proposals and special equipment proposed for Roulette by designers on here; none that I know of has caught on.

In slots, there have been many machines which build towards a bonus over multiple spins, from Boom! by WMS where 50 firecrackers save up to a bonus by random appearance on the screen, to dozens that the AP's know how to watch and descend on once they're +ev.

Other than a progressive jackpot technically falling within the bounds of your question, with the pot-building aspect of every player's bet contributing to the eventual award, I'm not aware of any card game currently played that accumulates across hands. Hmmm... :)
If the House lost every hand, they wouldn't deal the game.
tringlomane
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October 29th, 2013 at 1:24:17 PM permalink
"Three Dice Football" was a game similar to what you are describing. But unfortunately, the rules were complicated enough to turn most people off I think. I really like the concept though.

https://wizardofodds.com/games/three-dice-football/
Canyonero
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October 29th, 2013 at 1:53:17 PM permalink
Thanks guys, for your input so far.

That Three Dice Football is close to what I was envisioning, a pity it failed. Would have loved to give it a try.

Is it really the complicated rules though? Craps seems to be doing alright... Casinos just don't have the balls to get something going these days. If a new game isn't making a fortune within the first week of placement, it's gone.

Time for a daring casino owner to shake things up (I am looking at you Derek Stevens).
MathExtremist
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October 29th, 2013 at 1:59:31 PM permalink
Quote: Canyonero

Thanks guys, for your input so far.

That Three Dice Football is close to what I was envisioning, a pity it failed. Would have loved to give it a try.

Is it really the complicated rules though? Craps seems to be doing alright... Casinos just don't have the balls to get something going these days. If a new game isn't making a fortune within the first week of placement, it's gone.

Time for a daring casino owner to shake things up (I am looking at you Derek Stevens).


I'll give a free trial of the Hard Pass craps bet to whoever wants to try it, and it's already approved in Nevada. If the shooter comes out with a hard number and makes it the hard way, the bet pays 80-to-1.

And I know someone with patented game ideas that allows for mid-play betting during a back-and-forth sequence of game outcomes. Is that what you were thinking about?
"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
Zcore13
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October 29th, 2013 at 2:57:23 PM permalink
Quote: Canyonero

During my last trip, I ventured into "in-running" (aka "live") sports betting.

It really sucked, it is executed terribly by Cantor Gaming, but I enjoyed it tremendously.

So I was thinking that this special kind of excitement should be brought to the gambling tables. I also enjoy Sigma Derby and to a lesser extent Greyhound racing, even though it is all just for show.

The table game equivalent of sports betting would be a game where you would bet on the outcome of a "game" consisting of several rounds. During each of these rounds you might get closer to or move farther from your desired outcome. The odds for bets in between rounds of a game would be changing after each individual round depending on which outcome is more likely atm. It might be played with cards or dice or anything really.

Craps has the element of several rounds, but the big difference is that each round you either hit your number or you don't. You don't get "close", you don't have to sweat that final "inch" and there is no chance for that miracle comback when all seems lost.

(Anyobody remember Tom Brady completing that pass into the end zone with 5 seconds on the clock vs. the Saints? Needless to say my money was riding on the Saints.)

Anything in the works, game inventors?



Have you seen Racing Card Derby?

Racing Card Derby


ZCore13
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Thermos
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October 29th, 2013 at 3:22:07 PM permalink
The counters killed that game at Pechanga.
Canyonero
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October 30th, 2013 at 5:42:59 AM permalink
Quote: Zcore13

Have you seen Racing Card Derby?

Racing Card Derby


ZCore13



That's what I am talking about. Might be a bit simplistic, though. Is that still available somewhere?
Canyonero
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October 30th, 2013 at 5:45:11 AM permalink
Quote: MathExtremist



And I know someone with patented game ideas that allows for mid-play betting during a back-and-forth sequence of game outcomes. Is that what you were thinking about?



Yeah, that sounds interesting. Why so vague?
MathExtremist
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October 30th, 2013 at 7:07:12 AM permalink
Quote: Canyonero

Yeah, that sounds interesting. Why so vague?


It's not my game and I don't necessarily know if he wants it bandied about in idle chatter. If you've got an actual client who wants to do a game based on the concept, though, I could probably put a deal together.
"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
jopke
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October 30th, 2013 at 11:03:32 PM permalink
Quote: Thermos

The counters killed that game at Pechanga.



Do tell...
Paradigm
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October 31st, 2013 at 12:00:32 PM permalink
Quote: Thermos

The counters killed that game at Pechanga.


Didn't this relate to the fact that Pechanga wasn't using a fresh 52 card deck each round, but rather a 6 deck shoe?
teliot
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October 31st, 2013 at 2:18:58 PM permalink
Quote: Paradigm

Didn't this relate to the fact that Pechanga wasn't using a fresh 52 card deck each round, but rather a 6 deck shoe?


Eight decks.

I hope it doesn't bother anyone (Mike?) that I post so many links to my blog here. But, I've already answered many of the advantage play questions that come up here. Maybe I need a better index on my site.

Racing Card Derby: A Cautionary Study

http://apheat.net/2013/06/26/racing-card-derby/
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Wizard
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October 31st, 2013 at 2:25:52 PM permalink
Quote: teliot

I hope it doesn't bother anyone (Mike?) that I post so many links to my blog here.



Eliot, you have a link as much as you wish to your site.
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tringlomane
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October 31st, 2013 at 2:27:48 PM permalink
It doesn't bother me. If you have answered the question thoroughly on your site, you might as well link it instead of trying to copy and reformat. And what you have linked is definitely thorough. Nice job as always!
Wizard
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October 31st, 2013 at 2:35:17 PM permalink
It is my understanding from this investment literature, that there are 104,166,670 shares available of the parent company that owns the game? At 15 cents a share, the game would have a value of $15,625,000.50? That strikes me as a bit high. Do I understand it correctly?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
teliot
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October 31st, 2013 at 3:12:55 PM permalink
Quote: tringlomane

It doesn't bother me. If you have answered the question thoroughly on your site, you might as well link it instead of trying to copy and reformat. And what you have linked is definitely thorough. Nice job as always!

This is the key part of my article, referencing a team of 3 APs:

The team will earn 3 x (16.617) = 49.851 units per 100 hands. If the APs are wagering $100 each, then the team will win approximately $4985.10 per 100 hands.

RCD is absolutely crushable when dealt from a shoe. That's why the game was designed to be dealt from a single deck, shuffled between rounds.
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teliot
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October 31st, 2013 at 3:15:19 PM permalink
Quote: Wizard

Eliot, you have a link as much as you wish to your site.

Thanks, as always, for your generosity!
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Ibeatyouraces
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October 31st, 2013 at 3:28:07 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Wizard
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October 31st, 2013 at 3:39:53 PM permalink
Quote: teliot

Thanks, as always, for your generosity!



No thanks necessary, as your contributions to the site (including the math threads) are very welcome.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Paradigm
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October 31st, 2013 at 3:41:10 PM permalink
Quote: Wizard

It is my understanding from this investment literature, that there are 104,166,670 shares available of the parent company that owns the game? At 15 cents a share, the game would have a value of $15,625,000.50? That strikes me as a bit high. Do I understand it correctly?


Not when you consider the disclosed growth projections of 20 tables installed in Year 1, growing to 100 tables by Year 2 and 300 tables by year 3!

Wiz, you could have been in on the ground floor :-)......and yes, I believe you are reading that correctly!
Wizard
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October 31st, 2013 at 4:30:32 PM permalink
Quote: Paradigm

Not when you consider the disclosed growth projections of 20 tables installed in Year 1, growing to 100 tables by Year 2 and 300 tables by year 3!



How many tables do they have now?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Paradigm
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October 31st, 2013 at 5:41:04 PM permalink
I was being a bit facitious. I only ever saw the one at Pechanga that got pulled. I believe Running Aces in MN put one in, but don't know if it is still there. I don't know of any game that had 100 installs after year 2....that seems like a highly unlikely pro forma path.
jopke
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October 31st, 2013 at 7:43:42 PM permalink
Quote: teliot

Eight decks.



This is false. I am starting to regret my "do tell..." post, but I was just very curious what the general chatter was about the RCD play that occurred at Pechanga.

In any case, Pechanga dealt RCD out of a CSM. I don't know if you are deliberately lying or just repeating false information given to you, but you should resist casting an authoritative tone if you do not know the situation with certainty.
jopke
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October 31st, 2013 at 7:47:25 PM permalink
Quote: Wizard

It is my understanding from this investment literature, that there are 104,166,670 shares available of the parent company that owns the game? At 15 cents a share, the game would have a value of $15,625,000.50? That strikes me as a bit high. Do I understand it correctly?



RCD is not the company's only game. They also have 'Knockout Baccarat'. I think their games have more traction outside of the US, but that valuation does seem, overall, quite high.
teliot
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October 31st, 2013 at 8:16:21 PM permalink
Quote: jopke

This is false. I am starting to regret my "do tell..." post, but I was just very curious what the general chatter was about the RCD play that occurred at Pechanga.

In any case, Pechanga dealt RCD out of a CSM. I don't know if you are deliberately lying or just repeating false information given to you, but you should resist casting an authoritative tone if you do not know the situation with certainty.

Were you one of the players there?
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jopke
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October 31st, 2013 at 11:25:41 PM permalink
Quote: teliot

Were you one of the players there?



No, I know nothing about what happened. I just heard from a dealer that someone won a lot of money on that game and so they closed it. I was curious if anyone knew the details.

I did see the game, though and can say, with certainty, it was a CSM. I have a feeling they just got spooked when someone went on a good run.
teliot
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November 1st, 2013 at 7:04:17 AM permalink
Quote: jopke

I just heard from a dealer ... I have a feeling they just got spooked

I wish I could say more, but I can't, sorry.
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Canyonero
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November 1st, 2013 at 11:39:44 AM permalink
I just watched the RCD video here:

http://apheat.net/2013/06/26/racing-card-derby/

What's with the badly executed fake shuffle (1:30) in order to deal the exact same sequence of cards twice? Cracked me up... Maybe their scanner wasn't actually working.
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