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Why Do Mathematicians Consider The Lottery Random

Topic closed. 261 replies. Last post 5 years ago by Boney526.

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Boney526's avatar - NjlpLogo
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Posted: August 28, 2011, 8:27 pm - IP Logged

 There are 38 numbers, 1-36 0 and 00.Disapprove

    Boney526's avatar - NjlpLogo
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    Posted: August 28, 2011, 8:34 pm - IP Logged

    And personally, I play a few numbers.  The House Edge is the same.

     

    How are you gonna sit there and tell me that there are 36 numbers on a Roulette Wheel?  In American roulette there are 1-36, a 0  and a 00- 28 numbers.  In European roulette there are 1-36 and a 0 -27 numbers.  All bets pay off as if there are 36, but there are more, resulting in a house edge.  The Em prison rule generally means if you make an even money bet, and a 0 comes out, then they'll either give back or allow the bet to roll and break even or lose depending on the outcome, resulting in a lower house edge on those bets.  Anyway this is usually only available in Europe - but I think AC casinos have a variation of it.

      Boney526's avatar - NjlpLogo
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      Posted: August 28, 2011, 8:50 pm - IP Logged

      What?

      Where are you getting thos numbers for single numbers?

      You have 36 numbers. Choose one number and you have a 1 in 36 chance of getting it right. with a 5% house edge. What part of that don't you understand?

      You have BLACK and RED, you have a 50/50 chance, with a 5% house edge, whatpart of this don't you get?

      Are you going to sit there and tell me you'd rather pick 1 in 36 instead of 50/50?

      Wow man, I'm searching for words to describe what I'm seeing....Crazy

      If you've been studying roulette for years you should at least know something about the game.

       

      First of all there's either a 1/37 chance of winning 36 units if you bet on a single number, resulting in an edge of 2.63% or a 1/38 resulting in an edge of 5.26%.

       

      And that edge is the same for even money bets UNLESS you play with the em prison rule, and even then I was talking about the bets' volitality which the thing you quoted expressed an opinion about.  Whoever wrote it had the opposite opinion of me, but that's likely because they play where Em Prison is available, either way I wouldn't call a 1/38 or 1/37 chance illusive or rare, espeically because I used to play Pick 3.

       

      But according to you, where is the House Edge derived from?


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        Posted: August 28, 2011, 9:53 pm - IP Logged

         There are 38 numbers, 1-36 0 and 00.Disapprove

        I'm aware of that, but I didn't want to confuse you anymore than you are already.

          Boney526's avatar - NjlpLogo
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          Posted: August 28, 2011, 10:04 pm - IP Logged

          Wow OK if you don't understand that the House Edge is the same on all Roulette bets except the one, and you claim to have studied roulette for years then your just dumb.

           

          I'm done here, I don't understand why you can't understand the difference between odds of winning and house edge.


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            Posted: August 28, 2011, 10:07 pm - IP Logged

            If you've been studying roulette for years you should at least know something about the game.

             

            First of all there's either a 1/37 chance of winning 36 units if you bet on a single number, resulting in an edge of 2.63% or a 1/38 resulting in an edge of 5.26%.

             

            And that edge is the same for even money bets UNLESS you play with the em prison rule, and even then I was talking about the bets' volitality which the thing you quoted expressed an opinion about.  Whoever wrote it had the opposite opinion of me, but that's likely because they play where Em Prison is available, either way I wouldn't call a 1/38 or 1/37 chance illusive or rare, espeically because I used to play Pick 3.

             

            But according to you, where is the House Edge derived from?

            Opinion? It's a fact!

            You must be putting me on dude. I'm not falling for this. You're pulling my leg, you have to be.

            If I have to explain the the house edge to you, then you have no clue. The edge is in the 0 and 00. If you win on a bet you get your dollar back and an additional 35 which equals 36. The odds are i in 38, so there's a 2 dollar difference.

            You're saving face instead of conceding. Your edge is to confuse the issue with Volatility. Stop with the nonsense dude. Even bets are the best bet period. It's not an opinion, it's a fact.

            What I posted from the net is not just from him, and not an opinion, If you don't believe me, go to 20 different websites and they'll all say the same thing. I was studying roulette when you were crawling in your diapers.

            See, this is what I mean. You're only 19 and think you know it all. I've seen many like you, and I was the same. But you are different than all the others. There seems to be some mental issues. Seriously!

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              Posted: August 28, 2011, 10:09 pm - IP Logged

              To bet on a color is safer but much lower odds....Low risk low reward....one number high rish high reward....mathematically risk reward verses probability all the bets are the same


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                Posted: August 28, 2011, 10:12 pm - IP Logged

                Wow OK if you don't understand that the House Edge is the same on all Roulette bets except the one, and you claim to have studied roulette for years then your just dumb.

                 

                I'm done here, I don't understand why you can't understand the difference between odds of winning and house edge.

                And I can't understand how in the world you think a single number bet is better than a 50/50 bet. A 12 year old can understand that on initial explanation of the game.

                You're right, I'm also done. I can't make it any easier.

                I can't wait for cointoss to see this.

                If I told you I'd give you a hundred bucks If you had to pick heads or tails, or pick a number between 1 to 38, which one would you choose?.....And keep your volatility crap out of this. Just answer the question.

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                  Harbinger
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                  Posted: August 28, 2011, 10:17 pm - IP Logged

                  And I can't understand how in the world you think a single number bet is better than a 50/50 bet. A 12 year old can understand that on initial explanation of the game.

                  You're right, I'm also done. I can't make it any easier.

                  I can't wait for cointoss to see this.

                  If I told you I'd give you a hundred bucks If you had to pick heads or tails, or pick a number between 1 to 38, which one would you choose?.....And keep your volatility crap out of this. Just answer the question.

                  I was wondering about that volitiliteetee also.  Thanks for making me look that one up!

                    Boney526's avatar - NjlpLogo
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                    Posted: August 28, 2011, 10:18 pm - IP Logged

                    To bet on a color is safer but much lower odds....Low risk low reward....one number high rish high reward....mathematically risk reward verses probability all the bets are the same

                    Thank you OD, this man seems not to understand that sometimes in math you must multiply instead of add and subtract.

                     

                    You get paid out as if there was 36 numbers on all bets in roulette, if you do the math, you end up with the same house edge no matter what - volatility is just a measure of risk.

                     

                    If you 1 dollar bet on all of the the 18 black numbers, you'd get paid the same for a win as if you put 18 dollars on black itself, revealing that the HOUSE EDGE IS THE SAME between putting a bet on the individual numbers and on even money buts UNLESS there is an Em Prison rule.

                     

                    The edge is very easy to caculate, it's 1-(36/38) which equals .0526/5.26% on all bets except (0,00,1,2,3) which is a suckers bet.  For European roulette it is 1-(37/38) which gives an edge exactly half of that, which is 2.63%.  With an Em Prison rule Even Money bet's house edge is approcixametly half of that, or 1.35ish%, unless the rule is for another spin to resolve it, in which case it's only slightly higher.

                     

                    This is basic math - probability you should have learned in middle school.

                     

                    I've got a feeling your studying of roulette has involved a whole lotta systems which, if they worked, people would be playing them instead of selling them but whatever.

                     

                    The only roulette systems that have worked are tracking number biases and people have been documented making buttloads of money until the casinos figured out what was going on and banned them.  See what happened - they never sold their system, they played until they were banned because they were making ridiculous money, they didn't sell their system because casinos would adjust their games if their system got out.

                      Boney526's avatar - NjlpLogo
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                      Posted: August 28, 2011, 10:21 pm - IP Logged

                      And I can't understand how in the world you think a single number bet is better than a 50/50 bet. A 12 year old can understand that on initial explanation of the game.

                      You're right, I'm also done. I can't make it any easier.

                      I can't wait for cointoss to see this.

                      If I told you I'd give you a hundred bucks If you had to pick heads or tails, or pick a number between 1 to 38, which one would you choose?.....And keep your volatility crap out of this. Just answer the question.

                      Obvisouly I'd pick the 50/50 in that case, but that's not how roulette is played.

                       

                      If you pick the right number on roulette they pay your 35:1, plus your original one.

                       

                      A single number bet pays out a lot more, to compensate for the risk you take when betting on it.

                       

                      A 12 year old could do the math and tell you that either one has the same edge against you, but would be able to tell you which they prefer.

                       

                      I've stated multiple times it's a preference, with the same edge against you, unless the Em Prison rule is in effect, but you keep saying IM OLDER THAN YOU YOU IDIOT YOUR WRONG 18/38 IS CLEARLY A 50/50 CHANCE WITH A 5 PERCENT AGE DERIVED FROM NOWHERE.  THE HOUSE EDGE IS LOWER FOR THAT.  It's getting ridiculous.

                       

                      I prefer a bigger risk, for a bigger reward if I win.  Just because that's not what you like, that's no excuse for you to go crazy and claim that I'm wrong about my math, when anybody who understands roulette knows that the only times that the House Edge changes is with an Em Prison rule or with the (0,00,1,2,3) bet.

                        Boney526's avatar - NjlpLogo
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                        Posted: August 28, 2011, 10:26 pm - IP Logged

                        http://wizardofodds.com/roulette

                         

                        Look at that chart.  The House Edge is the same on all bets except the First Five bet.  The probability of a win is different.


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                          Posted: August 28, 2011, 10:29 pm - IP Logged

                          Obvisouly I'd pick the 50/50 in that case, but that's not how roulette is played.

                           

                          If you pick the right number on roulette they pay your 35:1, plus your original one.

                           

                          A single number bet pays out a lot more, to compensate for the risk you take when betting on it.

                           

                          A 12 year old could do the math and tell you that either one has the same edge against you, but would be able to tell you which they prefer.

                           

                          I've stated multiple times it's a preference, with the same edge against you, unless the Em Prison rule is in effect, but you keep saying IM OLDER THAN YOU YOU IDIOT YOUR WRONG 18/38 IS CLEARLY A 50/50 CHANCE WITH A 5 PERCENT AGE DERIVED FROM NOWHERE.  THE HOUSE EDGE IS LOWER FOR THAT.  It's getting ridiculous.

                           

                          I prefer a bigger risk, for a bigger reward if I win.  Just because that's not what you like, that's no excuse for you to go crazy and claim that I'm wrong about my math, when anybody who understands roulette knows that the only times that the House Edge changes is with an Em Prison rule or with the (0,00,1,2,3) bet.

                          But that's not how roulette is played? According to who...you? I have a great system which I haven't tested for real yet, but I know you know everything.

                          Your simulations are based on plays without strategy, plain and simple. And the best strategy is play outside bets with a proven strategy. After months of research on the net I found out that all the inside startegies ar bougus and will only work some of the time.

                          The person who sold me the system did years of research and came up with the brilliant system. he performed 5,000 REAL casino game tests with researchers at various casinos, and it was a success. he didn't do computer simulations, he DID REAL TESTS IN REAL LIFE SITUATIONS, WITH REAL RANDOM EVENTS, NOT COMPUTER RANDOM SEEDS.


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                            Posted: August 28, 2011, 10:30 pm - IP Logged

                            I was wondering about that volitiliteetee also.  Thanks for making me look that one up!

                            aha ahha ahahha,

                            BTW, there are 6 E's in Volitiliteeeetee...

                              Boney526's avatar - NjlpLogo
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                              Posted: August 28, 2011, 10:32 pm - IP Logged

                              But that's not how roulette is played? According to who...you? I have a great system which I haven't tested for real yet, but I know you know everything.

                              Your simulations are based on plays without strategy, plain and simple. And the best strategy is play outside bets with a proven strategy. After months of research on the net I found out that all the inside startegies ar bougus and will only work some of the time.

                              The person who sold me the system did years of research and came up with the brilliant system. he performed 5,000 REAL casino game tests with researchers at various casinos, and it was a success. he didn't do computer simulations, he DID REAL TESTS IN REAL LIFE SITUATIONS, WITH REAL RANDOM EVENTS, NOT COMPUTER RANDOM SEEDS.

                              According to every casino I've ever seen, getting a single roulette number pays out 35 to 1, not 1 to 1.

                               

                              In your scenario, the payout doesn't correspond to risk, which it does in roulette.

                               

                              I wasn't referring to your system, or whatever, I was referring to the fact that you asked me if I would rather choose between a 50/50 chance or a 1/38 chance to win 100 dollars.  Well that doesn't realistically portray the fact that roulette wouldn't pay the same to both players.

                               

                              If I made a bet on 26, and you made a bet on black, and 26 came up, I'd win 350 dollars, plus my original bet.  You'd win 10 dollars, plus your original bet.  So you're giving me a ridiculous scenario which just isn't equivalent.

                                 
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