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March 4th, 2009, 12:16 PM
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Progessive betting with no house edge
I wondered if anybody had tried progessive betting or any other voodoo with a game that has no house edge and if so what were the results??
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I didn't spend 4 billion years getting to the top of the food chain to eat vegetables
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March 4th, 2009, 12:27 PM
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Which game has no house edge? Casinos even figured out how to get an edge in War.
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March 5th, 2009, 02:15 AM
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No house edge progression
There are two only bets in a casino with no HE that I can think of is the Doulbe Up feature on Video Poker terminals and Craps true odds.
It is high card low card vs the dealer while ties push. BS says to do this until you lose or max out. It lessens the house edge on the starting wager. The variance is through the roof.
Another one is the Odds bet in craps. Again, you need to have a bet with a HE to be able to make it. Again variance is high and BS says to take as much free odds you can to offset the HE on the contract bet.
As for a progression...depending on how you use it, it may effect your variance, but in the long run, you will end up in the same spot if you max out your free odds or double up on VP, dead even minus the HE.
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March 5th, 2009, 03:06 AM
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Quote:
Originally Posted by jay28
I wondered if anybody had tried progessive betting or any other voodoo with a game that has no house edge and if so what were the results??
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Yes I have.
On internet BJ games and internet variant games of BJ like BJSwitch with very low House Edges that were rendered +EV or 0EV by, usually, 0.1% comps. Not even counting bonuses.
Results were good.
Berry Berry Good lol.
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March 5th, 2009, 05:50 AM
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The games I had in mind
was no HE roulette. Where there is no 0 or 00. I wondered how betting on something like red or black progessively might work out.
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I didn't spend 4 billion years getting to the top of the food chain to eat vegetables
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March 5th, 2009, 06:26 AM
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4 billions
Quote:
Originally Posted by jay28
was no HE roulette. Where there is no 0 or 00. I wondered how betting on something like red or black progessively might work out.
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Jay, Do a 4 billion sim on it, to match your food chain...
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March 5th, 2009, 12:03 PM
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Quote:
Originally Posted by Martin Gayle
There are two only bets in a casino with no HE that I can think of is the Doulbe Up feature on Video Poker terminals and Craps true odds.
It is high card low card vs the dealer while ties push. BS says to do this until you lose or max out. It lessens the house edge on the starting wager. The variance is through the roof.
Another one is the Odds bet in craps. Again, you need to have a bet with a HE to be able to make it. Again variance is high and BS says to take as much free odds you can to offset the HE on the contract bet.
As for a progression...depending on how you use it, it may effect your variance, but in the long run, you will end up in the same spot if you max out your free odds or double up on VP, dead even minus the HE.
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The house has an edge in the Double Up feature, as you only get to ry after a win.. If they offered it after a loss, then there would be no house edge.
The true odds bet in craps is tied to another bet, so again tit is not a bet with no HE.
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Only those who will risk going too far can possibly find out just how far one can go.
We cannot direct the wind, we can only adjust our sails.
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March 5th, 2009, 07:58 PM
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Quote:
Originally Posted by jay28
was no HE roulette. Where there is no 0 or 00. I wondered how betting on something like red or black progessively might work out.
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Wow. Really? That's beautiful. What's the min-max unit range? I'd love to play it. Any chance this is actually being offered anywhere in the US? Could one move to higher $min table?
Lots of betting systems would give you a high percentage of achieving the goal of the betting system.
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March 6th, 2009, 04:14 AM
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Quote:
Originally Posted by Kasi
Wow. Really? That's beautiful. What's the min-max unit range? I'd love to play it. Any chance this is actually being offered anywhere in the US? Could one move to higher $min table?
Lots of betting systems would give you a high percentage of achieving the goal of the betting system.
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I've only seen this online and not played, so not sure of the unit range.
http://casino.betfair.com/
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I didn't spend 4 billion years getting to the top of the food chain to eat vegetables
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March 6th, 2009, 04:53 PM
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Well, what if you were counting and whenever you were even with the house, say +1, you used a progressive betting system. Say that you would never play a hand at a disadvantage.
Just assume you are using hi-lo and the I18 on a 6 Deck S17, DAS, RSA, NS shoe. Make the table max something reasonable. What do you think of a progressive betting system then?
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