[quote=“Mr_Shine, post:1, topic:736886”]
You’re stuck in the “Purgatory Casino” until you make a profit. You start with $1Quadrillion and you can only flat bet $2 a spin on “red” or “black” It’s a fair 37 slot wheel with a 0, if it lands in the 0 you get $1 back, so each spin there’s a ~48.65% of gaining $2, ~48.65% of losing $2 and ~2.7% of losing $1. What are the odds of never ever making a profit?
I’ve put it in GQ as it’s mainly a maths question, feel free to move it to The Game Room if you think it must be there.[/QUO
I worked in the casino industry for 10yrs. and the wheels were set up with 36 black/red numbers which would be 50/50% odds. However, the wheels also had 2 green numbers-0/00. This gives the House a slight advantage which, over time, will prevail. Betting red/black-odd/even numbers. These bets are placed on the “outside field”, which means you’re not playing “in the field”, ie., not on any of the 36 numbers.
With that being said, other than straight poker, the thee best games for a customer to play are roulette(r./b.-odd/even), Pai Gow and Baccarat, which gives a slight edge as compared to other “table games”.
Also, a huge Caveat emptor for what the casinos call “Carny games” like Spanish Black Jack, 3 Card Poker, Caribbean Stud, Let it Ride, etc.:smack:. These are all variations of regular poker. Some of these are peoples’ favorite games. Younger people usually don’t like Pai Gow because it moves slowly. Young people, especially guys, like quick popping action like a well dealt Blackjack game.
Also, another Caveat emptor for what the House calls a “bonus bet”. Usually, a small circle bet outside of the actual main bet. The House makes a killing on these bets.
All of the numbers for all games have been crunched ad nauseam. They know exactly what they’re doing and why they’re doing it.