|
|
Reason #3 why the Wizard likes Bodog:
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. Bodog 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, two blackjack variants with a house edge under 0.2%, and my favorite, Pick 'em Poker, returning 99.95%! Kudos to Bodog for not being afraid to give their players a good gamble. (Visit Bodog) One click and you're in:
No popups, no download, no registration, no B.S., just the game. See important note about Bodog payouts & deposits. |
|
|
|
|
|||||
|
|||||
|
Home • What's New • Advice & Strategy • Ask the Wizard • Gambling online • Play for Fun |
|||||
|
|
I enjoy your site a great deal. This morning I was reading your reviews of online casinos and your experiences with them and it seemed you inevitably lost everything on your deposits. I found this discouraging. Then I saw that you requested donations and now understand why you do so! Since I started gambling on the Internet four years ago I am up about $20,000, about half of which is thanks to the Golden Palace. What you're seeing in my reviews is just my most recent experiences, and like everyone else sometimes I lose for a month or two. However I just won $786 at Casino.Net and $2317 at Casino Kingdom. So I don't ask for donations to subsidize a losing gambling habit. Donations simply help me to keep offering this site to the public for free. Although in fact the donations come in through PayPal which I then usually use to buy things on eBay. Betting all 38 numbers on roulette would make it impossible to beat the odds even for a short time, and with a $1 bet per number there would be a loss of $2 per roll of the wheel.(0, 00 wheel, without advantageous rules for even money bets) Would it seem reasonable that there should be an optimum range of numbers to bet based on statistics? I measure the value of a bet to be the expected return, not the probability of winning. So betting on all 38 numbers has a house edge of 2/38 = 5.26%, the same as for one number or any number of numbers covered. Although betting all 38 numbers has a 0% chance of showing a net win, the down side is losing only 5.26% of your total bets. If forced to bet and you want to minimize variance then you should bet all 38 numbers. A practical example is if you had promotional chips you had to bet and you don't want to gamble bet get your exact expected value out of them. So to answer your question there is no optimal range of numbers. All ranges are equal in expected value. At the new Seneca/Niagara Casino in Niagara Falls NY they refuse to give me a copy of their house way for pai gow poker. I would like to know the house way before I play. Do they have to provide that info? They probably don't have to. Once at the Tropicana in Atlantic City their pai gow poker rules said the house way was available upon request. So I requested it and they ran out of public copies and couldn't show me a house copy because it didn't have the Gambler's Anonymous disclaimer on it. In my opinion the player should always have the right to know the rules of a game, but unfortunately all gaming authorities seem to think differently. I was wondering what happens to the house advantage if you could view all 7 player's hands. Would this result in a negative house advantage? In "Mastering the Game of Let it Ride" Stanley Ko addresses this topic. Ko says, most of the value in seeing other player's cards is when you have a borderline hand of 4 to an outside straight with no high cards or JQKA. Viewing a single card should not encourage you to "let it ride" but seeing a card that won't help you should cause you to "let it ride." Ko doesn't indicate that this can result in a negative house edge, and I doubt this chips away at the house edge much at all. What are the odds of passing out 13 cards each to four players using a 52 card deck and all four player have a straight from Ace to two? The cards don't have to be in the same suit. The answer is (413/COMBIN(52,13))* (313/COMBIN(39,13))* (213/COMBIN(26,13)) = 1 in 61,204,166,001. 
See important note about Bodog payouts & deposits. ©1998-2008 Wizard Of Odds Consulting, Inc. All rights reserved. Privacy/Terms Contact Advertise About Us Links
The Wizard's other sites:
Wizard of Macau,
Sweat the Money,
Math Problems
The Wizard's recommends: Casino Meister, Online Casino City, Online Poker Room Reviews, (See more of the Wiz's picks) |
