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A question of payouts
 Message was posted: 08:50 Apr 15th, 2008     
No picture uploaded User: LewisB
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Greetings all,

I'm very new to online gambling, short of Texas Hold'em at Ultimate Bet. I'm interested in changing my game to one of the more traditional casino games, such as roulette, black jack, and/or craps. I've been Googling everything I can find about good sites and such, but keep coming across phrases like, "best payouts" or the like. My question is this, using roulette as an example...

...When sites mention "best payouts" or some percentage, are they referring to payouts where if I were to place a bet on red every time, the long run return would be equivalent to the percent figure they mention for each dollar I wager? Or, does it not even matter what I bet, the randomizer will produce the mentioned percentage regardless of where my bets are place?





A question of payouts
 Message was posted: 12:25 Apr 17th, 2008     
Bernie's avatar - asa2.gif User: Bernie
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Bernard Richter
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Problem with accuracy in our casino directory? let us know, please: accuracy@worldcasinodirectory.com

The way the odds are altered by a casino in the game of roulette would be by changing the rules. For instance, whether there is a single zero on the wheel or if the game also uses the double zero.

Is this what you are talking about?

Best regards. PS, we are clearly biased, but a good place to pick games is Online Casino Directory

Best of luck,
Bernie





A question of payouts
 Message was posted: 11:41 Apr 17th, 2008     
No picture uploaded User: LewisB
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Casino Gold: 160CG
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First, thanks for the reply Bernie...I was beginning to think this forum had become an online ghost town.

I suppose my question was a little vague. Let's see if I can clarify...

Many (most/all?) sites make the claim they have the "best" payout percentage. As roulette is concerned, I think only a fool would play on an American table, short of having no other recourse. So, assume we have a European table with a single zero present. If I only play the outside "red" bet, I can expect to win 18 times, lose 18 times and lose 1 time to the zero, which establishes the house edge. Therefore, my expected return for every dollar I place on red is $.95 (rounded up). With perfect normalization and long run considerations, I can not expect to do any better than this figure. Now, however, if I am changing my bet between red and black, this figure will change, sometimes in my favor, sometimes not. However, even changing bets around, the long run figure should approach $.95 return for every $1 placed. Once again, the house edge prevails.

But let's say, I am lucky, and continue to be lucky, and continue to be lucky, etc. Let's say I've been achieving a $1.05 return and there's no end in sight. And here's the real question...Does the casino(online) have the ability to "force" a win percentage of $.95, or simply in their favor? Do they have the ability to manipulate the results? If the answer is yes, no one should ever play at an online casino, period.

Paul





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