2010
Nick Naim
-----------------------
The dont pass bet with double odds is the best bet in the casino.
Why are so many gamblers uninformed?
Alan Shank
wrote:
>Next year is the new decade........not now
A decade ends (and a new one begins) every microsecond, every quantum
of time, if there is such a thing. It's perfectly correct to talk
about a decade of "the aughts", which began Jan. 1, 2000 and ended
Dec. 31, 2009. However, the "first decade of the 21st century" does
not end until Dec. 31, 2010, since the 21st century began Jan. 1,
2001.
>-----------------------
>The dont pass bet with double odds is the best bet in the casino.
Define "best".
>Why are so many gamblers uninformed?
It's called "ignorance".
Cheers, and Happy New Year,
Alan Shank
SteveF
>
> The dont pass bet with double odds is the best bet in the casino.
>
Well, that's not quite true, and it depends on a number of unsaid
assumptions. First of all, by "best" I assume you mean the bet
with the lowest house advantage (the smallest negative EVR.)
Secondly, I assume you are not considering Casino Promotions (like
match-play coupons), nor are you thinking of games of skill like
card counting at Blackjack.
The correct answer is that the odds bet in Craps has a zero house
advantage, which makes it the best bet, except that it requires a line
bet first. So the Don't Pass line bet with 100x odds has the lowest
EVR (.021%) bet in the casino. Your initial answer above with 2X odds
would only have an EVR of .61%, and the basic-strategy player at a
double-deck Blackjack game has an EVR of about .4%, which is lower.
-- Steve F.
John B
The don't pass bet with double odds is the best bet in the casino. Why
are so many gamblers uninformed?
--------
So what's your point? The above statement is about as "profound"
as...."The best bet in the casino is to not make one!". I would be
willing to bet that if the casino posted the exact EV for every game /
bet offered, the distribution of players at the various games would be
virtually unchanged. If you stand at the door and tell every person
entering the casino that the "best" bet in the casino is to play craps
with don't pass and odds, do you think they will all go line up at the
craps table....NOT! My point is, I agree that many people in the casino
are uninformed about the exavt EV of the games and bets, but that it
wwouldn't make any significant difference in the way most peope play if
they were informed.
JB
Nick Naim
"John B" <jbk...@webtv.net> wrote in message
news:19436-4B42...@storefull-3112.bay.webtv.net...
>
> The don't pass bet with double odds is the best bet in the casino. Why
> are so many gamblers uninformed?
>
> --------
>
> So what's your point?
A dont pass bet at double odds or more is the best bet in the casino
Stop spinning this simple fact
Alan Shank
wrote:
>
>"John B" <jbk...@webtv.net> wrote in message
>news:19436-4B42...@storefull-3112.bay.webtv.net...
>>
>> The don't pass bet with double odds is the best bet in the casino. Why
>> are so many gamblers uninformed?
>>
>> --------
>>
>> So what's your point?
>JFC.................
>A dont pass bet at double odds or more is the best bet in the casino
>Stop spinning this simple fact
You still have not defined "best". I assume you are simply referring
to the house advantage, which is only one aspect, albeit an important
one, of a bet or betting system. However, the difference between pass
and don't pass is so small as to be negligible. The "perfect 1980" for
pass shows a loss of 28 units, for don't pass 27.
Cheers,
Alan Shank
Nick Naim
"Alan Shank" <goat...@notoriousshankbrothers.com> wrote in message
news:842fk55mufcvhgoi9...@4ax.com...
> On Wed, 6 Jan 2010 20:02:42 -0500, "Nick Naim" <orb...@ix.netcom.com>
> wrote:
>
>>
>>"John B" <jbk...@webtv.net> wrote in message
>>news:19436-4B42...@storefull-3112.bay.webtv.net...
>>>
>>> The don't pass bet with double odds is the best bet in the casino. Why
>>> are so many gamblers uninformed?
>>>
>>> --------
>>>
>>> So what's your point?
>>JFC.................
>>A dont pass bet at double odds or more is the best bet in the casino
>>Stop spinning this simple fact
>
> You still have not defined "best". I assume you are simply referring
> to the house advantage, which is only one aspect, albeit an important
> one, of a bet or betting system. However, the difference between pass
> and don't pass is so small as to be negligible.
Press 2 4 then 3 then open the door
anon
As others have pointed out, "best" is a relative term.
For example, if you had to win x units on ONE roll, would
putting it all on the don't pass be the best bet? Hardly not.