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Those "house percentage" numbers in the last section don't make any sense to me. House edges per bet aren't nearly that bad[1] (and if they were nobody would ev
by cowpig 11y ago
Those "house percentage" numbers in the last section don't make any sense to me. House edges per bet aren't nearly that bad[1] (and if they were nobody would ever have fun at casinos), and if the numbers are based on the average amount players wagered and lost, then there are a ton of biasing factors that make the claim "Your best bet is the $100 slot machines, where casinos take only 3.6 percent of your money." misleading at best. For example, I'm guessing that the average person pulls the lever on $100 slots far fewer times than on the $1 slots. In which case the advice should be to play a single hand of video poker.
Also, the correct advice is to play bet/come-line-craps: it's social, involves throwing dice, and has a very small house edge (and very high variance, which is the point of going to a casino!).
[1] http://gaming.unlv.edu/casinomath.html http://gaming.unlv.edu/casinomath.html
- vanattab 11y agoA point of clarification regarding the pass/come-line in line in craps. , pass-line bet by it's self is not that great of a bet. With a house edge of 1.41% which while good is not the best in the casino. What makes pass line bet so good is that when a point is set, if you made a bet on the pass line you are allowed to make the "odds" bet which is a bet with 0% house edge. (Yes that's right 0%, but remember to make this bet we have to have already made a bet with a house edge.) If the table allows you to make a 100x(the pass line bet on the odds) you can push the overall house edge down to 0.02%. However on the cheap $10 min table this would require a min bet of ~$1015 every point. So not for the faint of heart.
- deleted 11y ago[deleted]