"Hit Rate" of common casino table games...
February 11th, 2015 at 7:04:13 PM
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Two parts to this question:
Is there a table of the "hit rate" of common casino table games? For comparison purposes?
Are "push events" (where the player has no net win/loss) calculated as part of the hit rate?
Is there a table of the "hit rate" of common casino table games? For comparison purposes?
Are "push events" (where the player has no net win/loss) calculated as part of the hit rate?
February 11th, 2015 at 7:18:45 PM
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Quote: 21FlipTwo parts to this question:
Is there a table of the "hit rate" of common casino table games? For comparison purposes?
Are "push events" (where the player has no net win/loss) calculated as part of the hit rate?
I'm not an expert, but I take hit rates to be wins only; that's how I calculate them on my games, anyway, and I haven't been corrected. If you look at any game in the WizardofOdds list, nearly all of them have a probability chart that includes the HE for each bet on a game. If you add up the probabilities (usually the header of that column) that are positive, that will give you a hit rate. A lot of times it's easier to note the "-1" probability and subtract if from 1 than add up an entire odds table.
If the House lost every hand, they wouldn't deal the game.
February 11th, 2015 at 7:25:36 PM
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Cool! Thanks!
With regard to pushes, my game is kind of odd where you never have a true push, like a tie in blackjack.
Instead, you have 6.5% chance of winning 1 unit and losing 1, or winning 3 units and losing 1 x 3.
Not really sure how to quantify that... :-/
With regard to pushes, my game is kind of odd where you never have a true push, like a tie in blackjack.
Instead, you have 6.5% chance of winning 1 unit and losing 1, or winning 3 units and losing 1 x 3.
Not really sure how to quantify that... :-/
February 11th, 2015 at 7:28:38 PM
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The percentage of time someone wins in the game is usually called "frequency", but I think win rate would be understandable by everyone whereas frequency would be more of a gaming employee or knowledgeable player term.
Adding up all the probabilities to win would give you that number. Ties do no count toward frequency.
ZCore13
Adding up all the probabilities to win would give you that number. Ties do no count toward frequency.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
February 11th, 2015 at 7:30:24 PM
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Quote: Zcore13The percentage of time someone wins in the game is usually called "frequency", but I think win rate would be understandable by everyone whereas frequency would be more of a gaming employee or knowledgeable player term.
Adding up all the probabilities to win would give you that number. Ties do no count toward frequency.
ZCore13
Cool. Thank you!
