[Closed] Casino EV/maths question

Could you not go on a roulette table and bet on everything? so you are guaranteed your money back whichever number or colour comes down? Or almost your money back at least.

I also believe that just putting the minimum on black jack never more and just keep playing that you will end up fairly break even...

Originally posted by Wacko118
Could you not go on a roulette table and bet on everything? so you are guaranteed your money back whichever number or colour comes down? Or almost your money back at least.

I also believe that just putting the minimum on black jack never more and just keep playing that you will end up fairly break even...

You don't get the right odds if you bet on every number. Say if there's 41 numbers, you only get 39/1. I'm not sure if you can bet on both red and black though.

Even if you bet on red and black at the same time, there are still the 0 and 00 to deal with, which isn't exactly 50/50. Roulette is a horrible game to play as the house edge will just take everything in the long run.

Unless you have some sort of hax system which 100% foolproof. LOL yeah right.

Originally posted by Wacko118
Could you not go on a roulette table and bet on everything? so you are guaranteed your money back whichever number or colour comes down? Or almost your money back at least.

I also believe that just putting the minimum on black jack never more and just keep playing that you will end up fairly break even...

Well first let me say that this is PokerStrategy and not RouletteStrategy

roulette, as other casino games, is a game where the house has an edge and the odds are on their side and against you. The edge is not big but it is there so that in the long run the punter is bound to lose money and the house is bound to earn $$$.

So if you were to bet on every number (not even sure if it is allowed) you will be bound to lose money on every roll as your return will be less than the money spent on the one roll.

Regards

Thazar

roulette, as other casino games, is a game where the house has an edge and the odds are on their side and against you. The edge is not big but it is there so that in the long run the punter is bound to lose money and the house is bound to earn $$$. So if you were to bet on every number (not even sure if it is allowed) you will be bound to lose money on every roll as your return will be less than the money spent on the one roll.

As I understood he knows that. But he wnats to know if he gets a bonus from the casino, is it possible to make a profit even not having an edge against lets say roulette. In other words - how much will he loose on average while clearing the bonus by playing roulette? And if he looses less, than the ammount of bonus, then it is plus EV

and its interesting, it would be cool to beat those thieves casinos

u can play BJ close to 0EV;)

No money in Casino games......Everyones solid!

in a casino the house edge is lower on blackjack and your best chance,on roulette you could try betting red if you lose double up and try again(a bit risky and theres the table limits)good luck with your bonus... ♦

From here you should be able to make around 4.4c for every $ you wager if you play blackjack - assuming the info on that website is true.

You can bet 1 on red:

if you win bet 1 on black

if you lose bet 2 on red - 1) if you win bet 1 on black
2) if you lose bet 4 on red

And so on you will be getting 1 everytime you win (regardles of what amount you posted).

Unfortunately most casinos don't allow to bet on the same color more than certain amount of times, or have an upper limit (let say 1-2-4-8-16-32 and 32 is a limit) for a bet which kinda nullifies this winning strategy + there are those 0 and 00.

PS. you can do the same with even/odd or 1-19/19-36.

btw martingale strategy is retarted

Bet on every number. Go for a European table without a double 0.
$1 on every number means you will lose a $1 per spin, yet unlock 37*0.05 which is 1.85. Profit per spin - 85 cents. Spin about 80 times and you're done.

Originally posted by Steelbrewer
You can bet 1 on red:

if you win bet 1 on black

if you lose bet 2 on red - 1) if you win bet 1 on black
2) if you lose bet 4 on red

And so on you will be getting 1 everytime you win (regardles of what amount you posted).

Unfortunately most casinos don't allow to bet on the same color more than certain amount of times, or have an upper limit (let say 1-2-4-8-16-32 and 32 is a limit) for a bet which kinda nullifies this winning strategy + there are those 0 and 00.

PS. you can do the same with even/odd or 1-19/19-36.

that's really stupid

go on roulette, put everything on Red, if you win, keep clearing bonus even with -EV, if you lose it wasn't worth anyway.

Originally posted by Saruniks
go on roulette, put everything on Red, if you win, keep clearing bonus even with -EV, if you lose it wasn't worth anyway.

lol

so you need a game that's <5% house edge. european roulette (1 zero) is one such game. to reduce variance you can try to bet on all the outcomes. some sites won't let you do this though. roulettes with 2 0s are unbeatable as this is >5% house edge. not sure about blackjack as there are many differing rule systems for this.

Originally posted by lynius
Bet on every number. Go for a European table without a double 0.
$1 on every number means you will lose a $1 per spin, yet unlock 37*0.05 which is 1.85. Profit per spin - 85 cents. Spin about 80 times and you're done.

This looks like a good shout, time to gain about 27$ of free (EV) monies

A lot of casino have steeper roll-over if you play certain games like roulette so make sure you check terms+conditions. (Afaik roulette does not even count towards wagering requirement for some bonuses at playersonly) There is no casino game that will be +EV for you, whatever strategy you play, so you are going to need to get lucky.

To increase the likelihood of clearing your bonus it makes sense (imo) to play the highest variance games possible. I recommend slots or maybe scratchcards, for the potential high return on low wager.

This is just what I'd do though, whatever you do will be -EV.

EDIT: Although, if you are playing with a free bonus, it will be +EV anyway, 0 chance of losing money, small chance of making money.