dwheatley
dwheatley
Joined: Nov 16, 2009
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June 23rd, 2010 at 9:28:57 AM permalink
If we bet a $1 on rock paper scissors, I've told that game has a 0% house edge. But since I will always win or lose, I contend that the 0% house edge is in fact a fallacy, a hoax, a statistical lie! I and millions of other poor children have been deceived into thinking we are playing a fair game, when in fact the outcome is guaranteed to not be fair! A pox on all the writers who claim otherwise.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
Nareed
Nareed
Joined: Nov 11, 2009
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June 23rd, 2010 at 9:36:58 AM permalink
You should be playing rock-paper-scissors-lizzard-spock ;)
Donald Trump is a fucking criminal
miplet
miplet 
Joined: Dec 1, 2009
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June 23rd, 2010 at 10:26:43 AM permalink
Quote: Nareed

You should be playing rock-paper-scissors-lizzard-spock ;)


And if that's not good enough try this 25 differant options.
“Man Babes” #AxelFabulous
konceptum
konceptum
Joined: Mar 25, 2010
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June 23rd, 2010 at 1:06:15 PM permalink
Actually, the casinos do have two advantages in their favor.

1) As you notice, at all rock-paper-scissors tables, the casinos require a minimum of 2 customers, and some even require a minimum of 3 customers to improve their odds.

2) The casino always chooses their rock-paper-scissors after seeing what the players at the table have chosen. Thus, they are always able to choose the option that will either maximize their take and/or minimize their payout.

I haven't had time to do the full math on this very unique, and yet obviously casino-biased game, but the house advantage has to be ridiculously high.

I also think that the "all rocks" bonus bet carries a high house edge. After all, even assuming that all the players at the table choose rock, the casino would then obviously NOT choose rock in order to maximize their take, and thus all rocks would almost never come up.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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June 23rd, 2010 at 1:34:05 PM permalink
Wait a sec....


Are you suggesting that there's an actual "Rock Paper Scissors" casino game?

Like a real casino game, not just the game that was played at that wierd casino in the LV Vacation movie?
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
miplet
miplet 
Joined: Dec 1, 2009
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June 23rd, 2010 at 2:52:22 PM permalink
Yes there is. http://wizardofodds.com/rockpaperscissors Ok its only in an online casino.
“Man Babes” #AxelFabulous
Nareed
Nareed
Joined: Nov 11, 2009
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June 23rd, 2010 at 3:28:16 PM permalink
Quote: DJTeddyBear

Wait a sec....


Are you suggesting that there's an actual "Rock Paper Scissors" casino game?

Like a real casino game, not just the game that was played at that wierd casino in the LV Vacation movie?



Given there is such a game as Casino War, I woulnd't be too surprised to see a Casino Rock/Paper/Scissors" game someday.

In California, naturally, you'd throw a die which a dealer would use to determine which card to turn, which he'd use to determine what gesture to make.

At Casino Royale the coupon book would include one hundred free rocks, to be used only at the designated table. But of course you could only win the progressive.

Later some company would come up with an electronic version called Rapid RPS, with a table the same size but for less players. On the plus side it would only use one dealer instead of three.
Donald Trump is a fucking criminal
FinsRule
FinsRule
Joined: Dec 23, 2009
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June 23rd, 2010 at 6:31:51 PM permalink
FinsRule's Rock, Paper, Scissors Game:

Players declare their choice with putting their chip in either the rock, paper, or scissors betting circle. Player can also make the "Tie" bet if they want, which pays 3:2.

The dealer then shakes a die in one of those dice shakers they use for Pai Gow. If the die is a 1 or 2, it's rock, 3 or 4, is paper, 5 or 6, is scissors.

If the player wins, he wins even money, and if he loses, he loses his bet. If he ties, his bet becomes imprisoned for two more games. Meaning, if he ties two more times in a row, he loses the bet. If he wins or loses during the next two games, the money is resolved. The player does need to make the minimum bet on those subsequent two more games or he loses his original bet.

The player can surrender as well, and receive 1/2 his bet back.
dwheatley
dwheatley
Joined: Nov 16, 2009
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June 23rd, 2010 at 6:34:50 PM permalink
Surrender... that makes me chuckle.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
Mosca
Mosca
Joined: Dec 14, 2009
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June 24th, 2010 at 4:45:10 AM permalink
I think that what you'll find is that in 100,000,000,000 trials, only one of them is 50,000,000,000 wins and 50,000,000,000 losses; the others will be evenly distributed, from 49,999,999,999/50,000,000,001 and 50,000,000,001/49,999,999,999 to 100,000,000,000/0 (or 0/100,000,000,000, if you are very unlucky). Therefore it is just as likely that you will win all one hundred billion games as it is that you would split them evenly. Yes, it is a cruel, cruel hoax.

Oh; and do not question me, because I can outlast you. Long after you have become exasperated and stopped paying attention, I will keep writing. Because the only thing that matters is who is left talking. Good? Bad? I'm the guy with the keyboard.
NO KILL I

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