Lasseters & Aus Vegas change Roulette limits

**thelawnet** · 20th April 2005, 10:49 AM

Originally Posted by KasinoKing

Quite a few casinos allow Roulette in WR!

Even a couple of MG's.
These definitely do:-

Casino on Net
Virgin Games (Currently 150% sign up bonus!) & probably the others with that software.

Of course, low risk, or so-called 'even money' wagers are NOT allowed in WR at ANY casino.

actually virgin games aren't prohibiting it. They have nothing in their terms and conditions about it at the moment (they used to ban blackjack as well, except for their silly 'blackjack pays 1-1' top hat blackjack, but they have new 'all games are allowed' rules).

Even money wagers would definitely be ok at virgin games - if you bet the WR on either odd or even. The even money bet isn't really the problem, it's the fact that you can play with no variance (a fixed loss) by betting the right amount on odd, even and zero. The same thing could be done at baccarat - �100 on the house, �95 on the player, which has a fixed loss. There are a couple of places that allow baccarat (which is an even money bet), including Ladbrokes. If it's allowed, there's absolutely nothing wrong with betting 'even money', it's 'zero risk' strategies that casinos don't like.

Virgin's terms and conditions do not actually prohibit low risk (or zero risk) wagers at the moment, so it appears you can currently play a no-risk roulette strategy there. I wouldn't recommend it though, because you never know if they will refuse to pay you your bonus (which is paid after meeting the WR).

Virgin games use wagerworks (which is a model of good practice I might add - even their slot machines have posted theoretical payout percentages), and every wagerworks casino sets their own bonus rules, they just have exceptionally liberal terms and conditions at the moment (although previously you could either play 97% return blackjack or some short pay video poker games, or other even worse games).

**KasinoKing** · 20th April 2005, 12:04 PM

Originally Posted by thelawnet

it's 'zero risk' strategies that casinos don't like.

I bow to your far superior Mathematical knowledge

, but surely even you will admit that absolute zreo risk betting on Roulette is completely impossible?

**thelawnet** · 20th April 2005, 01:02 PM

Originally Posted by KasinoKing

I bow to your far superior Mathematical knowledge

, but surely even you will admit that absolute zreo risk betting on Roulette is completely impossible?

If you have a fixed loss whatever number comes up, then your risk is zero - your loss is predetermined.

Virgin refunds half of losing bets on odd/even bets.

So if you bet

�2 on zero
�72 on odd
�72 on even

If zero turns up, you get �2 * �35 = �70 - half of �72 - half of �72 = �70 - �72 = -2

If odd or even turns up you win �72, and lose the other �72 and the �2 bet. �72 - �72 - 2 = -�2.

If you did this 6 times, you would have lost exactly �12. Your risk is therefore zero, because you can lose no more than this.

�72 bet on odd 12 times by contrast could result in 12 evens coming up, giving a maximum loss of �864. This has risk, as your winnings are unknown.

If you bet no-risk you could guarantee a loss of �12 in meeting the wagering requirements for their �75 bonus, giving a profit of �63. I personally would never do such a thing, as I would much rather win �150

and it's a sure way to make yourself unwelcome for future promotions. But it is possible - your profit is �63, and you have not risked your money.

**KasinoKing** · 20th April 2005, 01:59 PM

Originally Posted by thelawnet

you have not risked your money.

Ah yes! Not risked YOUR money. That is where some confusion arrises over this issue.
What you are saying is you can meet the WR using bonus funds, with a known loss, but never have to risk your own money. (i.e. your deposit).

People who do this deserve what they get!

Pesonally I bet on various blocks of 18-20 numbers with differing chips on each, changing the pattern on 'gut feel' - and always end up blowing my stack!
You can't beat roulette - but it's fun trying!

**Tdoggy** · 20th April 2005, 02:50 PM

Sorry Tdoggy - no US

Renaming thread since I don't think these casinos are going downhill, and this thread has not proven that this is the case either.
__________________

Beer is proof that God loves us and wants us to be happy.
~Bryan Bailey

No US BOOOOOO!!!! Oh well what can you do.....Thanks for the info though