Jacque Jones

[biittner77]

Boy, casinos must absolutely love some of you guys.

 

The Lottery thanks you as well.

[Chocolate Milk]

Boy, casinos must absolutely love some of you guys.

 

I'm due for a hot streak.

[Careless]

Boy, casinos must absolutely love some of you guys.

 

The Lottery thanks you as well.

the lottery's different, I'd contend, because very few people actually expect to ever win. They're just hoping for a big payoff on a small investment, not realizing the actual costs. Casino patrons, on the other hand, can hope to come out with a gain every trip.

Btw, has anyone here ever worked out the threshold at which a lottery ticket is a good idea?

[soapy]

People want to bail on a guy for slumping early in the season....they lose 5 bucks and they probably run out of the casino. Not to mention the odds/stats disadvantages.

 

Nah, I think obviously the best approach is to boo and rip a player up and down. That has been proven effective hasn't it??? Or maybe not.

 

Or on the flip side of that we could just pretend that his past numbers don't exist and are no indication that his current numbers really aren't that much worse then what can be expected from him. Let's just assume he'll become something he hasn't been in four years.

[biittner77]

Boy, casinos must absolutely love some of you guys.

 

The Lottery thanks you as well.

the lottery's different, I'd contend, because very few people actually expect to ever win. They're just hoping for a big payoff on a small investment, not realizing the actual costs. Casino patrons, on the other hand, can hope to come out with a gain every trip.

Btw, has anyone here ever worked out the threshold at which a lottery ticket is a good idea?

 

There are also a lot of people that believe they increase their chances of winning by playing the same number over and over again.

[Geech]

the lottery's different, I'd contend, because very few people actually expect to ever win. They're just hoping for a big payoff on a small investment, not realizing the actual costs. Casino patrons, on the other hand, can hope to come out with a gain every trip.

Btw, has anyone here ever worked out the threshold at which a lottery ticket is a good idea?

 

Uhh... No. The only casino game I might ever consider playing would be blackjack, but you should never approach any of those games expecting to come out ahead. The house never loses.

[goonys evil twin]

the lottery's different, I'd contend, because very few people actually expect to ever win. They're just hoping for a big payoff on a small investment, not realizing the actual costs. Casino patrons, on the other hand, can hope to come out with a gain every trip.

Btw, has anyone here ever worked out the threshold at which a lottery ticket is a good idea?

 

Uhh... No. The only casino game I might ever consider playing would be blackjack, but you should never approach any of those games expecting to come out ahead. The house never loses.

 

The house loses a lot. They just win more often than they lose.

[Lefty]

The sad fact is that Jones has done about what should have been expected of him. One more hit and his AVG would be where it's been the last two years, one of his HRs being a 2B and his SLG would be there.

[badger1679666666]

Blackjack and Craps have the highest odds of winning

 

In Blackjack, the dealer has a 53% chance of winning, while the player has a 47% chance of winning, but the odds are variable depending on what card the dealer is showing.

 

In Craps I believe on average, the house has a 3% advantage.

[sethuel1]

Blackjack and Craps have the highest odds of winning

 

In Blackjack, the dealer has a 53% chance of winning, while the player has a 47% chance of winning, but the odds are variable depending on what card the dealer is showing.

 

In Craps I believe on average, the house has a 3% advantage.

 

it depends what you play. Single deck blackjack has better odds than 2 deck, which has better odds than 4 deck, etc. Also, a number of casinos have switched blackjack payouts from 3 to 2 to 6 to 5, increasing their overall advantage. Statistically speaking, if you play at a single deck table with normal 3 to 2 payouts, and play exactly perfect blackjack (i.e. memorize a table like this one), the house has a .2% advantage. With eight decks that house advantage rises to .6% or so.

 

In craps, if you play pass/don't pass with 100x odds, the house has .02% advantage. At 2x odds, it's ~.6%

 

the best odds games in casinos are actually "full pay" video poker machines, which pay out greater than 100% to a statistically perfect player. Too bad there aren't many full pay machines around anymore.