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To
15/11/2003 10:39:29
General information
Forum:
Visual FoxPro
Category:
Conferences & events
Miscellaneous
Thread ID:
00846318
Message ID:
00850321
Views:
23
You have far more opportunities to win with craps. And...you have better odds in craps.

Evan's right on this one...

< JVP >

>Go back and reread what I said. I am correct.
>
>
>>
>>Craig,
>>
>>Not so. The house has a 5.26% advantage on American roulette wheels (38 spots counting the zero and double-zero) on all bets on the board except the 5-line bet, which carries a house edge of 7.29%. If you can find a European wheel with only a single zero, the house advantage drops to 2.63% on the board.
>>
>>Contrast that with craps, playing a single pass line bet with a 1x odds bet behind it -- the house advantage is only 1.41%. At 2x odds, the house advantage drops to 0.85%. At 100x odds (the largest odds bet available in Vegas), the house advantage is only 0.02%. You also generally make fewer bets per hour in craps (about 30 pass line bets/hour versus about 50 spins/hour in roulette), so your "expected loss" per hour with craps is about 20% of roulette played on American wheels. Blackjack is an even better gamble, with an expected loss amount almost identical to craps, more hands per hour (about 100) and a house edge of 0.50% playing basic strategy (which, BTW, varies based on the different rules of each house AND as each card comes out of the deck -- but that's another discussion -bg-).
>>
>>If you want to check these numbers, go to www.vegasreference.com and click any game link.
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