Poll

4 votes (33.33%)
1 vote (8.33%)
7 votes (58.33%)
4 votes (33.33%)
4 votes (33.33%)
3 votes (25%)
1 vote (8.33%)
3 votes (25%)
2 votes (16.66%)
5 votes (41.66%)

12 members have voted

777
777
Joined: Oct 7, 2015
  • Threads: 30
  • Posts: 724
November 8th, 2020 at 9:44:20 PM permalink
Quote: Doubleluck1

The house edge is gained when the Double Tie occurs. When this outcome takes place, both Player and Banker wagers lose. This mechanism allows the house edge to be 2.12% according to GLI. Additionally, this is how the game is able to be offered as a commission-free game as well as being the only edge over the player.



From a psychology perspective, the double tie would be a HUGE turn-off because everybody hates loosing on a tie.
Doubleluck1
Doubleluck1
Joined: Jun 29, 2019
  • Threads: 1
  • Posts: 21
November 8th, 2020 at 10:00:46 PM permalink
Quote: 777

From a psychology perspective, the double tie would be a HUGE turn-off because everybody hates loosing on a tie.



Technically speaking, players aren’t truly losing on “A” tie, but rather a “Double Tie” - which is two ties in a row. This outcome occurs 2.12% of the time.

Additionally, this is the mechanism that allows the house to offer the game as a commission-free game - otherwise there is a zero percent house edge.

To help offset what some my perceive as a negative outcome, players may bet the Double Tie as a hedge bet (which pays 40-to-1 odds).

While some may not like the notion of losing the main wager on a Double Tie outcome, we believe it’s better than paying a commission or not being paid on an outcome on which the player should have won.
Last edited by: Doubleluck1 on Nov 8, 2020
777
777
Joined: Oct 7, 2015
  • Threads: 30
  • Posts: 724
November 8th, 2020 at 11:00:53 PM permalink
Technically it is a loosing on a double tie. But at the instant of a double tie, players don't reason such event as a tie of 2% chance because of emotional reason, and instead they view it as a loosing on a "tie" event.

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