VLS Roulette Forum

Main => General Board => Topic started by: pins on January 04, 2009, 07:25:59 PM

Title: the house edge.
Post by: pins on January 04, 2009, 07:25:59 PM
if i opened a casino and paid 38 to one for one number.  would i go broke.  would people be more likely to go home winning. i do not think so. does the house edge apply to one number.  just wondering.
Title: Re: the house edge.
Post by: Ravon on January 04, 2009, 07:47:16 PM
You would go broke when all people bet on was that one number.
Title: Re: the house edge.
Post by: TwoCatSam on January 04, 2009, 07:58:01 PM
pins

Are you saying you are paying 38 to 1 on all numbers?  Or are you saying a specific number, say 10, is the only number which pays 38 to 1?

Sam
Title: Re: the house edge.
Post by: VLSroulette on January 04, 2009, 08:17:45 PM
Quoteif i opened a casino and paid 38 to one for one number.  would i go broke.
This is what is expected long-term. Yes.

Quotewould people be more likely to go home winning.
I get your point pins. A small-time change on the payout shouldn't make that much difference within the boundaries of a single session. Dispersion goes both sides. In the short-term, anything can happen.

Quotedoes the house edge apply to one number.
The house applies to each and every location and combination of locations you bet. You can't escape that. one number isn't the exception.

Flat betting, the house edge ginds you. With progressions, dispersion of hits should be your major concern. Even if you payout extra, players will still have to deal with dispersion of hits and deviations from the norm.

Remember even in a no-zero roulette it is the player who has the largest bankroll the one who is supposed to win, as the smaller-bankroll players won't have the amount of money which is required to face the ever-increasing "swings" of times having and not having hits back and forth. Hence, the side of the table with the player bearing the larger bankroll (the bank) is expected to be the one standing and leave the other broke beause of this phenomenon.

Cheers.

Your friend,
Victor
Title: Re: the house edge.
Post by: winkel on January 04, 2009, 08:20:02 PM
These are nice rules:

QuoteFeatures of European Roulette without House Edge

1. A bet on a number (straight up) pays out 36:1, rather than 35:1.

2.If the ball lands on zero when the player has bet on even chances, a dozen or a column, the game ends in a draw and the player's bet is returned to him.
There is no house edge in this game when the player bets on a number, a dozen, a column or on even chances.

Features of American Roulette without House Edge

1.A bet on a number (straight up) pays out 37:1, rather than 36:1.

2.If the ball lands on any zero (0 or 00) when the player has bet on even chances, a dozen or a column, the game ends in a draw and the player's bet is returned to him.
There is no house edge in this game when the player bets on a number, a dozen, a column or on even chances.

Features of No Zero Roulette

1.The zero has been removed from the European roulette wheel, and so there are 36 cells on the wheel.

2.There are no bets on the track.
There is no house edge on all bets in this game.

name of casino: ask me

br
winkel
Title: Re: the house edge.
Post by: geoff365 on January 05, 2009, 12:33:48 AM
No. The take and hold of the table will still help you out.
Title: Re: the house edge.
Post by: pins on January 05, 2009, 06:11:08 AM
the 38 to one was a mistake.  but i have been backing five numbers and playing for five hours and gone forty bets without a win. and still came out in front. sometime picking three winning numbers in five spins. so how does the house edge play out. i mean the longer i stay at the table the more likely i am to lose.  in theory. but several times i have come back from the dead.  mebe the longer you play the more likely you are to hit a few numbers. good luck.