[ExI] alternate gambling game
Frank McElligott
Frankmac at ripco.com
Wed Jun 30 23:30:50 UTC 2010
Every month casino's report wins and losses to Atlantic City and Nevada gaming commissions. They are part of the public record for all to see.
Average win at roulette is 12%
average win at Craps is 18%
Both figures are larger than they should be as
Craps is 1.414 house advantage,
and Roulette because it zero and double zero figures at 1/19 or 6%
Blackjack also wins for the house with an over ten percent figure too.
These larger figures than what should happen based upon probabilities is caused by poor play, drunks, and some say fear of winning, but that is another story for another day
Frank
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