Matchplay: how come?
Quote: the linkThe most important factor, though, is whether the coupon is restricted to even-money bets. Because of the effect of variance in a loss rebate program, the coupon is actually more valuable in expectation if we can use it on bets paying odds. All of those horrible longshot bets are suddenly looking good for a coupon player.
Rudeboyoi in an old thread kindly provided this link and I got lucky and stumbled across it. There is a chart that lists the games where matchplay is most valuable, the top of the list being best and you go down.
Harrington DE's racino sent me a matchplay coupon which they indicate you use for BJ by the example on the coupon. The fine print, though, suggests you might be able to use it elsewhere [they list 4 games including roulette where it will not be accepted]. So without creating a big fuss I am going to see if I can use it for some game where it would appear to have better value. BJ isn't the best choice it appears due to the factor of getting more than 1 to 1 odds when you choose something else. Roulette is specifically ruled out!
1 question:
*Why is it that a bad bet becomes a good bet when 'better than 1 to 1' along with matchplay is the deal?
Note that the best bet is 'craps-3' or 'yo' with matchplay at a Craps table, but betting 'craps-2' or 'craps-12' is not as good.
I did look at the Wizard's page on match play but couldnt really get a lot of it. That could just be me being dense. It seems the Wiz might not endorse the conclusions in the link represented by the table.
Must have been a slow night and the crew wanted a bit of entertainment. I would expect stuff like that to happen solely to young attractive females though.Quote: s2dbakerHe wanted to play black, they would only let him play red. It was bizarre.
Read the fine print.Quote: s2dbakerA friend of mine tried to use a match play coupon at Wild Wild West at Bally's. In AC at a roulette table. He wanted to play black, they would only let him play red. It was bizarre.
It's to prevent a player (or team) with two match-play coupons to use one on Red and one on Black, thereby almost guaranteeing a win.
Personally, since it only almost guarantees it, I think they should allow it.
Quote: s2dbakerA friend of mine tried to use a match play coupon at Wild Wild West at Bally's. In AC at a roulette table. He wanted to play black, they would only let him play red. It was bizarre.
Caesars casinos in AC stopped match play a while ago and shifted to something called Direct Bet. It also requires, IIRC, a bet on the odd numbers, but not the even numbers and pass but not don't pass, among other contorted restrictions. The dealers and pit crew say that is because of people who hedged on match plays. But you can still hedge the Direct Bet.
It just goes to show that the MBA's, who have most likely never put a chip on the baize, don't have the faintest clue about the most basic element of their business. That was made startlingly clear with the blackjack players who won millions, largely thanks to the 20 percent rebate on their losses. Heck, even schnorrers like us would come out pretty good if we got back 20 percent of our losses.
Quote: DJTeddyBearRead the fine print.
It's to prevent a player (or team) with two match-play coupons to use one on Red and one on Black, thereby almost guaranteeing a win.
Personally, since it only almost guarantees it, I think they should allow it.
Similarly, they usually only allow the pass line in craps and the player bet in baccarat. Otherwise, a team could scam the casino and create a whopping $5 nearly-guaranteed net win.
Quote: rdw4potusQuote: DJTeddyBearRead the fine print.
It's to prevent a player (or team) with two match-play coupons to use one on Red and one on Black, thereby almost guaranteeing a win.
Personally, since it only almost guarantees it, I think they should allow it.
Similarly, they usually only allow the pass line in craps and the player bet in baccarat. Otherwise, a team could scam the casino and create a whopping $5 nearly-guaranteed net win.
Seems as though they are worried about the wrong thing all right. According to this information, what has the most value is placing your bet on something with somewhat OK odds but paying more than 1 to 1.
Pondering this, if I won a "yo" bet and this $25 coupon doubled my winnings, then I would get $750 instead of $375.
The fine print, minus some blah blah blah, says "Not all games accept match play... will not be accepted for Poker, Big 6, Electronic Tables, Roulette and other games as posted. Present coupon to dealer [with] Players card and ID... Non-transferrable... Management reserves all rights". So it looks like a player needs to see if a posted sign prohibits use, and also take chances with the whim of the management.
Quote: rdw4potusthey usually only allow the pass line in craps and the player bet in baccarat. Otherwise, a team could scam the casino and create a whopping $5 nearly-guaranteed net win.
You could still get one of those monster wins by offsetting the $10 (or even a $20) pass coupon with a $15 don't pass bet. It's all one big farce. Maybe they ought to hire a "wizard" to explain to them the screwiness of their ways.
Quote: SanchoPanzaYou could still get one of those monster wins by offsetting the $10 (or even a $20) pass coupon with a $15 don't pass bet. It's all one big farce. Maybe they ought to hire a "wizard" to explain to them the screwiness of their ways.
Right. That's what I always thought. If you want to blow two coupons at the same time making one a loss and one (probably) a win, i don't know why they care. Or you could do what you suggest (twice) and it's the same thing!
