going to the casino

[Byrns]

Roulette and Sic Bo have pretty much the highest house edge of all the table games. Your better bets are Baccarat, Craps (without playing the one-shot bets) and Blackjack.

[bcb]

Originally Posted by Byrns

Roulette and Sic Bo have pretty much the highest house edge of all the table games. Your better bets are Baccarat, Craps (without playing the one-shot bets) and Blackjack.

For roulette, for every $100 you play, on average, you will lost $5.26.

[Resolute 14]

Originally Posted by bcb

What's wrong with the Grey Eagle?

Personal boycott list as per the ring road fiasco.

One of three places in Calgary (area) that I will never step foot in for any reason.

[VANFLAMESFAN]

Originally Posted by rubecube

It's my lucky number.

Mine too....I've won a few times putting money on 11...

11 was the number my dad wore in soccer and the number I would always wear when I was a kid.

[TSXCman]

Originally Posted by Byrns

Roulette and Sic Bo have pretty much the highest house edge of all the table games. Your better bets are Baccarat, Craps (without playing the one-shot bets) and Blackjack.

bcb is correct with the house having 5.26% edge on double 00 tables. But the beauty is that those odds are for a perfect universe, I just return to the same tables in a couple casinos that i know favor numbers. the craftsmanship of the table can negate the house odds if you follow it, and then if you play a very strict system and have a proven positive winning record, then the universal house odds don't mean as much

[albertGQ]

I like the poker room. Can't wait for my Vegas trip in four weeks

[troutman]

I volunteered at a casino this year, and it never ceases to amaze me how much $ gamblers drop there every day. There was an Alberta Gaming consultant there to provide info, and she was lonelier than the Maytag repairman. I think one person talked to her all day.

You're can't win in the long run. At least you are supporting charities.

Myths and Facts:

http://aglc.ca/responsiblegambling/p...s_vs_facts.asp

House Advantage Brochure:

http://aglc.ca/pdf/RGIC/House_Advantage_brochure.pdf

Cost Of Play Brochure:

http://aglc.ca/pdf/RGIC/Cost_of_Play_brochure.pdf

[jydk]

Originally Posted by TSXCman

bcb is correct with the house having 5.26% edge on double 00 tables. But the beauty is that those odds are for a perfect universe, I just return to the same tables in a couple casinos that i know favor numbers. the craftsmanship of the table can negate the house odds if you follow it, and then if you play a very strict system and have a proven positive winning record, then the universal house odds don't mean as much

I worked in a casino when I was younger, and if I got a nickle for every time I heard this kind of BS from players, well, I'd have a lot of nickles. I don't care if you play the inside, outside, play with your lucky rabbits foot, know the dealer, play lots of numbers, play one number, play the inside and outside, play with your grandmother, the odds are the same, and NEVER change, the casino works using the law of large numbers and for every dollar wagered on their Roulette tables, they earn 5.26 cents. YOU WILL LOOSE IN THE LONG RUN! If you don't believe this, you are an idiot.

Craftsmanship of the table, WTF does that even mean? and a Strick system? Come on, this is just complete ignorance, the casino's love people that have "systems"

There is a webiste: www.wizardofodds.com that explains every statistic on every game casinos have.

[jydk]

This is interesting too. Quoted from http://mathworld.wolfram.com/GamblersRuin.html

Gambler's RuinLet two players each have a finite number of pennies (say, for player one and for player two). Now, flip one of the pennies (from either player), with each player having 50% probability of winning, and transfer a penny from the loser to the winner. Now repeat the process until one player has all the pennies.
If the process is repeated indefinitely, the probability that one of the two player will eventually lose all his pennies must be 100%. In fact, the chances and that players one and two, respectively, will be rendered penniless are
(1)
(2)
i.e., your chances of going bankrupt are equal to the ratio of pennies your opponent starts out to the total number of pennies.
Therefore, the player starting out with the smallest number of pennies has the greatest chance of going bankrupt. Even with equal odds, the longer you gamble, the greater the chance that the player starting out with the most pennies wins. Since casinos have more pennies than their individual patrons, this principle allows casinos to always come out ahead in the long run. And the common practice of playing games with odds skewed in favor of the house makes this outcome just that much quicker.

[tete]

Originally Posted by troutman

I volunteered at a casino this year, and it never ceases to amaze me how much $ gamblers drop there every day. There was an Alberta Gaming consultant there to provide info, and she was lonelier than the Maytag repairman. I think one person talked to her all day.

You're can't win in the long run. At least you are supporting charities.

Yup. I volunteer at the casino about once a year for two different charities - was at Deerfoot both Friday and Saturday this weekend actually. What never ceases to amaze me is generally speaking, the more money you pay out to someone, the less happy they are. I've cashed out 9K in chips for people who looked completely unhappy and/or angry. I hate to think how much money they spent to get that 9K.

[yads]

Originally Posted by jydk

I worked in a casino when I was younger, and if I got a nickle for every time I heard this kind of BS from players, well, I'd have a lot of nickles. I don't care if you play the inside, outside, play with your lucky rabbits foot, know the dealer, play lots of numbers, play one number, play the inside and outside, play with your grandmother, the odds are the same, and NEVER change, the casino works using the law of large numbers and for every dollar wagered on their Roulette tables, they earn 5.26 cents. YOU WILL LOOSE IN THE LONG RUN! If you don't believe this, you are an idiot.

Craftsmanship of the table, WTF does that even mean? and a Strick system? Come on, this is just complete ignorance, the casino's love people that have "systems"

There is a webiste: www.wizardofodds.com that explains every statistic on every game casinos have.

Well he technically does have a point that potentially tables may not be properly balanced. This is how Joseph Jagger beat the roulette table at Monte Carlo. Mind you this was in the late 1800s. I'd be surprised if TXSCman has done the proper analysis to spot any kind of bias other than his own anecdotal evidence.

[bcb]

Originally Posted by yads

Well he technically does have a point that potentially tables may not be properly balanced. This is how Joseph Jagger beat the roulette table at Monte Carlo. Mind you this was in the late 1800s. I'd be surprised if TXSCman has done the proper analysis to spot any kind of bias other than his own anecdotal evidence.

Casinos are very much aware of "favoured numbers". When you play roulette, the numbers are always recorded. If in a given time period there is more than a 5% deviation on randomization, I imagine they get rid of the wheel.

The bottom line is that roulette is strictly a game of chance.
That being said, a few years ago, Discovery Channel ran a show on 4 MIT kids who actually beat the system. Of course, they managed to smuggle a computer into the casino, time the revolution of the ball, input the data and make bets accordingly.

It was a good tv show...but I forgot the name.

[TSXCman]

Originally Posted by jydk

I worked in a casino when I was younger, and if I got a nickle for every time I heard this kind of BS from players, well, I'd have a lot of nickles. I don't care if you play the inside, outside, play with your lucky rabbits foot, know the dealer, play lots of numbers, play one number, play the inside and outside, play with your grandmother, the odds are the same, and NEVER change, the casino works using the law of large numbers and for every dollar wagered on their Roulette tables, they earn 5.26 cents. YOU WILL LOOSE IN THE LONG RUN! If you don't believe this, you are an idiot.

Craftsmanship of the table, WTF does that even mean? and a Strick system? Come on, this is just complete ignorance, the casino's love people that have "systems"

There is a webiste: www.wizardofodds.com that explains every statistic on every game casinos have.

allright there mom/genius.

I'm saying there are universal odds based on mathematical properties of chance, then there are house cuts based on how much of that odd the house would like to pay back (which is smaller than what you should get in return, hence the house cut). What is on paper is not always transferred perfectly into application, just like a lot of system in the world (including NHL teams on paper vs. real on ice performance).

One of the areas that occur is in the craftsmanship of a roulette table, or maybe someone just put a match book under one of the legs . There is a chance that you can find tables that hit a group of numbers over and over, even if it is 30 out of the 37 possibilities, you can profit. This is a hypothetical situation, but it can happen.

I personally play successfully, very seldom, and I don't have a gambling problem. I bet reasonable small amounts, enjoy some time spent playing, and very often walk out with 10X my beginning. Casinos are fun if you don't take it too serious or bet the mortgage.

[TSXCman]

Originally Posted by bcb

Casinos are very much aware of "favoured numbers". When you play roulette, the numbers are always recorded. If in a given time period there is more than a 5% deviation on randomization, I imagine they get rid of the wheel.

This is a good point, can't imagine a successful casino allowing it to happen for too long. It's nice if your around to notice for a time.

[DementedReality]

Originally Posted by TSXCman

... very often walk out with 10X my beginning...

i call BS ...

seriously, if you really did walk out with 10x earning on most occasions, then i cant imagine you wouldnt make it a profession.

or are you not that certain of your system?

[bcb]

Originally Posted by TSXCman

This is a good point, can't imagine a successful casino allowing it to happen for too long. It's nice if your around to notice for a time.

The last time I was at the casino, #29 was hit three times in a row

Needless to say, the guy who kept his $5 on the number each time was a very happy camper.

A dealer once told me a number was hit 8 times in a row. Statistically, I guess that could happen.

[bcb]

Originally Posted by TSXCman

One of the areas that occur is in the craftsmanship of a roulette table, or maybe someone just put a match book under one of the legs . There is a chance that you can find tables that hit a group of numbers over and over, even if it is 30 out of the 37 possibilities, you can profit. This is a hypothetical situation, but it can happen.

One thing I do know is all gaming equipment is regularly inspected by Alberta Liquor and Gaming representatives. Unfortunately, this isn't Vegas in the '50's with slanted wheels and magnets

[TSXCman]

Originally Posted by DementedReality

i call BS ...

seriously, if you really did walk out with 10x earning on most occasions, then i cant imagine you wouldnt make it a profession.

or are you not that certain of your system?

I'm not in a position to be gambling very often due to responsibilities right now. I think it is fun and get to do it a few times like at the stampede when I have time to reward myself. I find that I don't really drink, smoke pot, play video games, or get to do very much fun stuff anymore, so it's not too reasonable to be going to a casino.

Maybe part of my success rate is moderation anyway, i'll be alright

[TSXCman]

Originally Posted by bcb

One thing I do know is all gaming equipment is regularly inspected by Alberta Liquor and Gaming representatives. Unfortunately, this isn't Vegas in the '50's with slanted wheels and magnets

hah, i'd be more scared if there were magnets and planned slanted wheels. you'd surely get kneecapped for winning too much