Theguyoverthere
Theguyoverthere
  • Threads: 9
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Joined: Sep 4, 2011
October 8th, 2012 at 11:53:56 PM permalink
Hey, there's this casino I frequent that allows you to bet a non multiple of $5 on the banker bet, for example $9 to win $8.75. What does this do to the house edge? I don't suppose it could make the game profitable if you constantly bet $9 on the banker?
7craps
7craps
  • Threads: 18
  • Posts: 1977
Joined: Jan 23, 2010
October 9th, 2012 at 12:14:22 AM permalink
Quote: Theguyoverthere

Hey, there's this casino I frequent that allows you to bet a non multiple of $5 on the banker bet, for example $9 to win $8.75.

Hey, Everyone Loves Raymond
Nice.
Care to share their name?

Quote: Theguyoverthere

What does this do to the house edge?

Almost wipes it out
Care to show the math for this?
Not counting Ties I get for $9 Banker win and 25 cents comm
EV: -0.00385625
HE: -0.000428472
Too small for my eyes.
Why would any casino do this to such a nice game?

Quote: Theguyoverthere

I don't suppose it could make the game profitable if you constantly bet $9 on the banker?

You do not have the edge
but a very nice ev/sd ratio.
Just a little tiny amount of good luck over many shoes to show a profit.

Good Luck!
winsome johnny (not Win some johnny)
Theguyoverthere
Theguyoverthere
  • Threads: 9
  • Posts: 35
Joined: Sep 4, 2011
October 9th, 2012 at 12:18:18 AM permalink
It's at the Royal Casino in Washington state, but they're removing it within a month and replacing it with a "double action" blackjack table (just blackjack with some side bet). I guess it wasn't getting enough play and they were losing money on it. Now that i know that it almost wipes out the house edge, if I get a chance to play it before it disappears I'll be super stoked! I'll also have to investigate other casinos in Washington that have Baccarat and see if they allow bets in non increments of $5....

Thanks!
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