Casino Talks

Posted by: croupier at March 28, 2002, 11:05 am
Topic: IS THIS ODD OR NOT Forum: Winner Online

The percentages don't add up simply because percentages don't add up.

eg.

If you have $100 wagers on BJ and pay out $100 then you've paid out 100%

In the same time period you might have $1000 wagers on slots and pay out $500, therefore a 50% payout ratio.

(100%+50%)/2 = 75% is wrong

(100/(100+1000))*(100+500) = 54.55% is correct

As for the ariance, casinos win and lose. A month time period is not long enough to get a balanced percentage. If you have percentages covering a year then you would see more balance.

------------------
Craig Miller - www.crucialcasinos.com The Unofficial Microgaming Site.
Casino Classic
Get $500 free on the house!

Categories:

casinos  poker tournament  poker game  internet poker  casino bonus  poker sites  poker chip sets  play poker  online casinos  casino  gambling  poker stars  baccarat  best casino  online blackjack  playing cards  video poker  online texas holdem  poker strategy  internet gambling  

Links:

Movie Talks
Forum Extractor







Casino Classic.
Get $500 free on the house!



CLOSE