jerry183
jerry183
Joined: Feb 24, 2010
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February 24th, 2010 at 8:30:42 AM permalink
I was recently playing in a casino in London where they offer the Egalite total side bets, initially these seemed like a really good bet due to seemingly high winning odds;

0=150-1
1=215-1
2=225-1
3=200-1
4=120-1
5=110-1
6=45-1
7=45-1
8=80-1
9=80-1

What is the house edge for each of these bets? Are they as good as they seem?
miplet
miplet
Joined: Dec 1, 2009
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February 24th, 2010 at 10:05:13 AM permalink
Quote: jerry183

I was recently playing in a casino in London where they offer the Egalite total side bets, initially these seemed like a really good bet due to seemingly high winning odds;

0=150-1
1=215-1
2=225-1
3=200-1
4=120-1
5=110-1
6=45-1
7=45-1
8=80-1
9=80-1

What is the house edge for each of these bets? Are they as good as they seem?


For those who may not know, this is a side bet on baccarat tie of exactly the spacific number.
0=-0.124502
1=-0.114184
2=-0.095322
3=-0.105148
4=-0.121419
5=-0.118771
6=-0.11496
7=-0.0639
8=-0.110701
9=-0.106327
House edge ranges from 6.39% for the 7 to 12.45% on the 0
“Man Babes” #AxelFabulous
DJTeddyBear
DJTeddyBear 
Joined: Nov 2, 2009
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February 24th, 2010 at 10:57:28 AM permalink
Quote: miplet

For those who may not know, this is a side bet on baccarat tie of exactly the spacific number.


I looked it up on the Wiz's main site. There was only one hit, for a PDF: Rules of casino games in Great Britain



In that 88 page document, there are only four references for 'Egalite':
Quote:

A player who has accepted the shoe may elect to wager on Egalité (a tied hand) only.

Quote:

Winning wagers on Egalité shall be paid, as a minimum, odds of 8 to 1.

Quote:

If the two hands are of equal merit, the wagers on punter and banker shall be void and the wagers on ‘Egalité’ shall win and be paid, at a minimum, odds of 8 to 1.

Quote:

Players do not need to place a standard wager on either the player, the banker or Egalite, in order to place a Dragon Bonus side wager.



It's interesting that the rule book doesn't have any description of the bet.

It's also interesting that the minimum payoff is only 8:1 while the casino Jerry found is paying 45:1 minimum.

I get the feeling that the 8:1 is for ANY tie...
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁 Note that the same could be said for Religion. I.E. Religion is nothing more than organized superstition. 🤗
boymimbo
boymimbo
Joined: Nov 12, 2009
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February 24th, 2010 at 1:32:37 PM permalink
Correct. You get paid 8:1 on ANY Tie (the tie bet). You get paid more odds based on the bonus bet.
----- You want the truth! You can't handle the truth!
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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  • Posts: 21630
February 24th, 2010 at 4:55:36 PM permalink
Quote: miplet

For those who may not know, this is a side bet on baccarat tie of exactly the spacific number.
0=-0.124502
1=-0.114184
2=-0.095322
3=-0.105148
4=-0.121419
5=-0.118771
6=-0.11496
7=-0.0639
8=-0.110701
9=-0.106327
House edge ranges from 6.39% for the 7 to 12.45% on the 0



I agree exactly! Great work Miplet, as usual. I just added this to my baccarat page.
It's not whether you win or lose; it's whether or not you had a good bet.
teliot
teliot
Joined: Oct 19, 2009
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July 14th, 2013 at 10:16:04 AM permalink
These results are different than those on the website given here at U.K. Casino table games

Mike, the link is broken.
egalite
egalite
Joined: Dec 30, 2011
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July 14th, 2013 at 11:21:10 AM permalink
Why would the 6 and 7 which both pay 45-1 (this differs in various casino's) indicate a different house edge. Also any casino offering this "super egalite payout" bet, must pay the normal Tie at 9-1.
teliot
teliot
Joined: Oct 19, 2009
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  • Posts: 1956
July 14th, 2013 at 12:20:15 PM permalink
Quote: egalite

Why would the 6 and 7 which both pay 45-1 (this differs in various casino's) indicate a different house edge.

The frequency of a tie on 6 is different than the frequency of a tie on 7. The player is not making a single "egalite" wager that pays according to the indicated pay table. Instead, the point of this side bet is that the player can make separate wagers that "there will be a tie on 6" and "there will be a tie on 7" and so on. They are not required to make any other wager in order to make an egalite wager.
Quote:

Also any casino offering this "super egalite payout" bet, must pay the normal Tie at 9-1.

The normal Tie bet pays "8-to-1" or "9-for-1", I have never heard of "at 9-1".
teliot
teliot
Joined: Oct 19, 2009
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July 14th, 2013 at 12:26:23 PM permalink
Quote: Wizard

I agree exactly! Great work Miplet, as usual. I just added this to my baccarat page (linked fixed).

In fact, Mike, your results don't agree with Miplet's. You and I agree, and our results are slightly different than what Miplet got. Here is what I get:


0 pays 150-to-1
28979901420544
4969418374082816
-0.12452652

1 pays 215-to-1
20499217668352
4977899057835008
-0.11415002

2 pays 225-to-1
20006606104576
4978391669398784
-0.09541162

3 pays 200-to-1
22250510129408
4976147765373952
-0.10524286

4 pays 120-to-1
36294133463040
4962104142040320
-0.12140052

5 pays 110-to-1
39684046743808
4958714228759552
-0.11873185

6 pays 45-to-1
96170001308416
4902228274194944
-0.11495247

7 pays 45-to-1
101717538899968
4896680736603392
-0.06389877

8 pays 80-to-1
54879416675072
4943518858828288
-0.11066856

9 pays 80-to-1
55146054060032
4943252221443328
-0.10634765

miplet
miplet
Joined: Dec 1, 2009
  • Threads: 5
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July 15th, 2013 at 1:46:26 AM permalink
I was lazy and used the rounded probabilities in the second table instead of the actual combinations in the first table from here. Aren't 6 decks more common in the UK where this bet is offered?
“Man Babes” #AxelFabulous

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