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Reason #3 why the Wizard likes Bovada: Excellent Odds In my opinion many online casinos are too stingy when setting the odds on their games. They think they will make more money that way but I believe they are misguided, because when players lose too quickly it’s not fun, and those players might not come back. Bovada is one of the few casinos that understands this. They offer generous odds to let you play longer and get you a better chance of winning. Among their generous offerings are Full-Pay Jacks or Better returning 99.54%, six other video poker games paying over 99%, single-zero roulette, and my favorite, Pick ’em Poker, returning 99.95%! Kudos to Bovada for not being afraid to give their players a good gamble. |
Ask the Wizard #57Edition Date: Dec 4, 2001 Before I ask my questions I just want to say your site is phenomenal! I have two craps questions I was hoping you could answer:1) Your preference is to count the come out roll of 12 in the calculation of the house edge on the don’t pass. If one was to choose NOT to count it, would the house edge on the pass line combined with full double odds be exactly equal to that of the house edge on the don’t pass line combined with full double odds? 2) Does the overall house edge against player x go up if player x places come bets (which will be backed up with full double odds) after betting the pass line with full double odds? i.e. player x with just a pass line with full double odds = house edge .572%, player x with same bet but places two come bets with full double odds = house edge (.572%)x(3)? Thanks for your kind words. Here are my answers. 1. If we define the house edge as the expected loss per unresolved bet (not counting ties) then the house edge on the don’t pass would be 1.40%, just barely less than the 1.41% on the pass line bet. If the player can bet more money on the don’t pass side, which is the case in real but not Internet casinos, then the combined house edge favors the don’t side more the greater the multiple of odds allowed. 2. Assuming the player keeps his odds on during a come out roll then the overall house edge does not change if the player adds come bets, backed up with the odds. However if the player keeps the odds off, which is the default rule, then the overall house edge will actually go up slightly by adding come bets.
Are you going to tell us when you will be on the travel channel? |
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| Expected Values for 3-card 16 Vs. 10 in 8-deck game | ||||||
| Hand | EV Hit | EV Stand | Best Play | Probability | Return Hit | Return Stand |
| 1/5/10 | -0.540978 | -0.539872 | Stand | 0.132024 | -0.071422 | -0.071276 |
| 1/6/9 | -0.536558 | -0.540151 | Hit | 0.059837 | -0.032106 | -0.032321 |
| 1/7/8 | -0.537115 | -0.537003 | Stand | 0.059837 | -0.032139 | -0.032133 |
| 2/4/10 | -0.540947 | -0.541 | Hit | 0.237478 | -0.128463 | -0.128475 |
| 2/5/9 | -0.542105 | -0.540534 | Stand | 0.039891 | -0.021625 | -0.021563 |
| 2/6/8 | -0.537701 | -0.540773 | Hit | 0.059837 | -0.032174 | -0.032358 |
| 2/7/7 | -0.538271 | -0.537584 | Stand | 0.028983 | -0.015601 | -0.015581 |
| 3/3/10 | -0.540385 | -0.540995 | Hit | 0.115028 | -0.06216 | -0.06223 |
| 3/4/9 | -0.541769 | -0.540536 | Stand | 0.059837 | -0.032418 | -0.032344 |
| 3/5/8 | -0.54295 | -0.540022 | Stand | 0.039891 | -0.021659 | -0.021542 |
| 3/6/7 | -0.538575 | -0.540228 | Hit | 0.059837 | -0.032227 | -0.032326 |
| 4/4/8 | -0.543188 | -0.54003 | Stand | 0.028983 | -0.015743 | -0.015652 |
| 4/5/7 | -0.544396 | -0.539483 | Stand | 0.039891 | -0.021717 | -0.021521 |
| 4/6/6 | -0.539446 | -0.542878 | Hit | 0.028983 | -0.015635 | -0.015735 |
| 5/5/6 | -0.545033 | -0.542137 | Stand | 0.009661 | -0.005266 | -0.005238 |
| Total | 1 | -0.540355 | -0.540293 | |||
The two right numbers in the bottom row show that the overall expected value for hitting is -0.540355 and for standing is -0.540293. So standing is the marginally better play. Following this rule will result in an extra unit once every 1117910 hands. It would take about 5 years playing blackjack 40 hours a week before this piece of advice saved the player one unit.
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