Adding a joker to a deck
August 16th, 2023 at 5:16:36 PM
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1) Say you have a standard deck with 52 cards. There is a goal suit which if selected you win $4. You must pay $1 to play the game. Now a joker is introduced - if you select it, it counts as the goal suit. Would you play the game?
2) If you get paid $4,000,000 now and pay $1,000,000, would you still play the game?
2) If you get paid $4,000,000 now and pay $1,000,000, would you still play the game?
August 16th, 2023 at 5:23:50 PM
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Quote: crystalhouses1) Say you have a standard deck with 52 cards. There is a goal suit which if selected you win $4. You must pay $1 to play the game. Now a joker is introduced - if you select it, it counts as the goal suit. Would you play the game?
2) If you get paid $4,000,000 now and pay $1,000,000, would you still play the game?
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When dealt one card with a joker in teh deck, the chance of getting the "goal suit" is now 14/53 or about 26.4%.
If you pay one unit to play the game and the payout when hitting the suit is 4 units, then the player's edge (with a joker in the deck) is about 5.66%
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
August 17th, 2023 at 8:50:20 AM
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That’s if the payout is 4 FOR 1.Quote: gordonm888Quote: crystalhouses1) Say you have a standard deck with 52 cards. There is a goal suit which if selected you win $4. You must pay $1 to play the game. Now a joker is introduced - if you select it, it counts as the goal suit. Would you play the game?
2) If you get paid $4,000,000 now and pay $1,000,000, would you still play the game?
link to original post
When dealt one card with a joker in teh deck, the chance of getting the "goal suit" is now 14/53 or about 26.4%.
If you pay one unit to play the game and the payout when hitting the suit is 4 units, then the player's edge (with a joker in the deck) is about 5.66%
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If it’s 4 TO 1, then the player edge is 32.1%!
Either way, yeah, I’d play.
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? 😁
