Casino war good odds
Bets in which there is a difference are listed below. The standard deviation is a measure of how volatile your bankroll will be playing a given game.
This statistic is commonly used to calculate the probability that the end result of a session of a defined number of bets will be within certain bounds.
The standard deviation of the final result over n bets is the product of the standard deviation for one bet see table and the square root of the number of initial bets made in the session.
This assumes that all bets made are of equal size. The probability that the session outcome will be within one standard deviation is The probability that the session outcome will be within two standard deviations is The probability that the session outcome will be within three standard deviations is The following table shows the probability that a session outcome will come within various numbers of standard deviations.
I realize that this explanation may not make much sense to someone who is not well versed in the basics of statistics.
If this is the case I would recommend enriching yourself with a good introductory statistics book. Although I do not mention hold percentages on my site the term is worth defining because it comes up a lot.
The hold percentage is the ratio of chips the casino keeps to the total chips sold. This is generally measured over an entire shift. A mathematician alone can not determine the hold because it depends on how long the player will sit at the table and the same money circulates back and forth.
There is a lot of confusion between the house edge and hold, especially among casino personnel. The following table shows the average hands per hour and the house edge for comp purposes various games.
The house edge figures are higher than those above, because the above figures assume optimal strategy, and those below reflect player errors and average type of bet made.
This table was given to me anonymously by an executive with a major Strip casino and is used for rating players. A Spanish translation of this page is available at www.
The Wizard of Odds. House Edge of casino games compared Introduction The following table shows the house edge of most casino games.
Standard Deviation Number Probability 0. The next table shows the possible outcomes in a six-deck game with a bonus equal to the Ante for a tie after a tie, assuming the player always goes to war.
Internet casinos using Gamesys software feature a rule where the player gets a bonus of 3x the Ante bet if the player gets a tie after a tie.
The following table shows this lowers the house edge to 1. Some Interent casinos use unusual number of decks. The following table shows the house edge under the bonus rules, normal "no bonus" rules, surrendering on ties, and the tie bet itself.
The following table shows the probability of winning and expected return on the Tie bet, assuming it pays the usual 10 to 1.
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The Wizard of Odds. Casino War Introduction Casino War is without a doubt the easiest card game to play in the casino. Rules The game is played with six decks.
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