Electronic Roulette Machines

The house has an edge of 2.7% on single zero games and 5.26% on double zero

the long held myth of bet small, take winnings and double on a loss always fails in the long run due to bankroll and max bet limitations

Roulette is about the worst casino game to play due to the high house edge and mathematically cannot be beaten over an infinite period ( of course luck plays it's part short term )

Forgive me, for i am about to ask a stupid question but hopefully others want to know the answer and are just too afraid to ask. :o

What exactly is this, 'house edge'? How can it work if it's all random? I'm confused. :(

The hell is with all the thread revivals recently?

May !!! :eek:
 
Forgive me, for i am about to ask a stupid question but hopefully others want to know the answer and are just too afraid to ask. :o

What exactly is this, 'house edge'? How can it work if it's all random? I'm confused. :(



:

it is the mathematical "win" precentage that is inherent in the game

if a single zero roulette game is played for an infinate number of games the house ( casino etc) will have a profit of approx 2.7%


as a simple example , there are 18 red , 18 black and zero , if you bet red or black you will win 18 out of 37 times , the house will wim 19 out of 37

their edge is 1 in 37 which is 2.7%
 
it is the mathematical "win" precentage that is inherent in the game

if a single zero roulette game is played for an infinate number of games the house ( casino etc) will have a profit of approx 2.7%


as a simple example , there are 18 red , 18 black and zero , if you bet red or black you will win 18 out of 37 times , the house will wim 19 out of 37

their edge is 1 in 37 which is 2.7%

That's correct, but I think you should make clear that the reason the house edge exists is not JUST because of the zero. It's the fact that there is a difference in the odds of an event happening and the odds that the casino will pay out if that event happens. As you say, if you bet red the probability of hitting red is 18 in 37. Now, if the casino paid out odds of 37/36 then over an infinite horizon you would break even, but they don't - they pay out 1/1, which is slightly less than 37/36, and this is the house edge.
 
That's correct, but I think you should make clear that the reason the house edge exists is not JUST because of the zero. It's the fact that there is a difference in the odds of an event happening and the odds that the casino will pay out if that event happens. As you say, if you bet red the probability of hitting red is 18 in 37. Now, if the casino paid out odds of 37/36 then over an infinite horizon you would break even, but they don't - they pay out 1/1, which is slightly less than 37/36, and this is the house edge.

yes but the odds are based on the zero(s) they effectively rule the zero out of the odds calculations
 
where does that my post wrong ? :confused:

because that's not the only way. the first 50/50 or 1/36(37?) chance is where you find out if you've won or lost. And with an infinite bank roll you'd never actually win as you'd never have more money than you started with ;)
 
I work at Will Hills and we make an unbelievable amount of cash from the roulette machines, 30% of a shops income. Disturbing to watch the younger generation now getting hooked on them, have encountered a number of people who have asked to be self excluded from all our shops because they are addicted.

http://www.guardian.co.uk/frontpage/story/0,,2179881,00.html
"Commentators label the terminals the "crack cocaine of gambling". Estimates produced for the Guardian by a leading government adviser show £650m a year is taken from punters by the terminals - a sum almost matching the conventional casino industry's entire takings.
The Gambling Commission, the industry's new regulator, this month said in a report that one in nine people who played touch-screen roulette were classified as addictive or problem gamblers - the strongest link in any form of gambling."
 
Rotty sort out a poker night chap! Chop chop. ;)

Random thing here: You know what would be awesome, an OCUK night out to Dust Till Dawn... oh my.



I am there 30/11 and 18/1 if you fancy coming along

prob others but there are confirmed ones
 
This thread is hilarious- 'I know the game is supposedly random, but can anything be truly random?' Alright Sartre, put your wallet away and step back from the roulette machine.
 
I'd be interested to hear if the OP still thinks he's a whizz at roulette.

Yes, still play it on my Xbox and PC and make lots of virtual cash. Haven't actualy got round to playing it for real money yet as i'm a bit worried where that might lead.

Strange that this thread has re-surfaced after all this time because I was seriosuly considering going down ladbrookes next week with £50 and putting it in the roulette machine.
 
I work at Will Hills and we make an unbelievable amount of cash from the roulette machines, 30% of a shops income. Disturbing to watch the younger generation now getting hooked on them, have encountered a number of people who have asked to be self excluded from all our shops because they are addicted.

http://www.guardian.co.uk/frontpage/story/0,,2179881,00.html
"Commentators label the terminals the "crack cocaine of gambling". Estimates produced for the Guardian by a leading government adviser show £650m a year is taken from punters by the terminals - a sum almost matching the conventional casino industry's entire takings.
The Gambling Commission, the industry's new regulator, this month said in a report that one in nine people who played touch-screen roulette were classified as addictive or problem gamblers - the strongest link in any form of gambling."

This is what worries me about playing for real money.
 
Ahahahaha! That's absolutely classic.

The real joke is on those poor suckers who pay $100s for a system that doesn't work. Pretty outrageous that they can get away with marketing something which is a 100% lie.
 
Rotty i'd quite fancy the January dates,

what's the details on it? MTT? Buy in e.t.c

Email in trust if you want to take it off board.
 
Rotty i'd quite fancy the January dates,

what's the details on it? MTT? Buy in e.t.c

Email in trust if you want to take it off board.

I have 16 going down from the local, main tourney is £100+10 SNGs from £20 up and cash tables , folks are doing different things

I am playing a £100+10 next friday so will see how that goes before deciding what I am going to play
 
I can assure anyone who is uncertain that you will lose on any gambling machine over sufficient games. They are absolutely rigged in favour of the house - it's why they are there. Some will pay out over 100% average for a large number of plays, but over a larger number of plays they will be below 100%(*). It doesn't matter if they do it by reducing payouts on wins when they're well over 100%, by not being wholly random or by being wholly random and playing a game that is inherently in favour of the house (like roulette). The result is the same - more money is lost by players than is won by players.

There are only two ways to reliably come out ahead on any gambling machine - steal from it or be the person who gets the profits from it.


* Except when they are bugged. We once had a machine that was bugged and paid a consistent average of 110% instead of 90%. It might have been as simple as a + instead of a - somewhere in the program, but whatever the cause it averaged 110% over many thousands of plays and my employers lost a fortune on it because they were too slow to replace it. One customer cheerfully told us that she bought a new car with her winnings from it - she won £9500 in jackpots alone on it.
 
The hell is with all the thread revivals recently?

Seriously, you can't be good at betting on a ball bouncing around a wheel. It's total luck, every time.

The machines in Ladcrooks seem to cough up the same number on 2 machines when "spin" is pressed at the same time. Strange that.

The usual system is one machine actually running the program, which you don't see. The betting terminals are just that - terminals.

It would be very shoddy if what you said is true rather than a coincidence, but 15 years working in the gambling machine business means that I have a lot of experience with very shoddy machines. You wouldn't believe the cobbled together crap in a pretty case that goes out to be played, or the amount of bugfixes for the software on gambling machines. Many of the new ones are PCs running a program under Windows, and it shows. Ship it today, patch it later.
 
Angilion, what do you do for a living? You seem to have a good knowledge of the subject!!
I maintain and repair fruit machines for a club. Also change machines, pool tables, anything of that kind. I'm at the bottom end - single site work - but trained to a higher level because (a) I prefer to be and (b) my immediate superior in the club is a bona fide fruit machine engineer with 40 years experience, so I've learned a lot from him.

Easy job, badly paid. In essence, it's cheaper for the business to have someone on hand for most jobs than to have machines out of play for up to a few hours until a mobile engineer can get to them. Most faults are mechanical and can be fixed by disassembling, clearing and rebuilding the relevant part. Much of the job is actually customer service rather than the machines per se, because of the nature of the business (it's a bingo club).

The newer machines are usually boring to work on - anything other than a jam is either a software fault or a simple case of locating which component is faulty and phoning for a part. We aren't allowed to keep spares other than light bulbs and tubes because they cost money, so I can't even replace the part myself.

The older machines are more fun, because parts are hard to come by and you have to improvise.

They're all badly designed in one way or another, though. I'd love to be able to phone whatever incompetent buffoon designed each machine and phone them to come and fix the easy problem made into a lengthy and fiddly process by their design. An example - Astra Section 21 cabinet (Section 21 doesn't exist any more, but the machines are in use after being converted to one of the new types). The buttons are quite easy to take apart and they use a standard microswitch, so replacing a broken switch in one is quite easy...except for the start button, which is the one that breaks most often (because it is used the most). Access to that is blocked by a steel plate welded in place, which the note acceptor is mounted on. So the only way to access the start button is to disassemble the front of the cabinet, remove the lower front section and access the button that way. Putting it back on is a fun job on your own, as you have to hold a fairly heavy steel and glass section precisely in place while screwing it back in. Or the wonderful cabinet designers who bodge up a method of using two plates and six bolts to attach a note acceptor at the front...which is where it opens, so you have to take the whole thing out to clear a jammed note. Oh, and it appears that there are strict rules about the length of cables. Any cable must be either half an inch longer than is absolutely necessary, so that it has to be connected or disconnected solely by feel, or eight feet longer than necessary, so you have no idea where to stuff the reams of excess cable to make sure it doesn't catch on anything.
 
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