3Dice

[LonelyHearts]

Well, it seems that there are a fair amount of the "mathematically challenged"
here in the CM forum.

And as much as I've dissed 3Dice on these pages, I have to say that Enzo indeed has the truth on his side on this topic.

So, allow me to make it simple to understand the difference between high and low variance. I'll use the lottery to make it clear:

- "Lotto" type games are an example with high variance payouts. A ticket usually costs just a dollar, but the payout can be huge. The chance of winning the big payout, however, is very small.

- "Scratch Cards" are an example with low variance payouts. Tickets also usually cost just a dollar, but most of the "winners" are small, just a dollar or two, or even a free ticklet, and even the largest prize falls far short of the top prize compared to the Lotto game.

Now, imagine that a casino has both a high and low variance slot, both set at say, a 95% return. Since more cash is returned to more players more often on the low variance slot (hence, "more playtime"), there will be more bets made (playthrough) on the low variance slot.

Since the casino pockets, on average, 5 cents on every dollar played, the low variance slot will actually produce more profit for the casino, as the players re-play their winnings.

I hope this clears it up

In theory it works like that. But in reality its a program. I think CM gave a worst casino award to a casino. That allowed you to win in Free play mode. And lose in Real Money mode. I have played at 3dice and lost 22 hands out 25 to dealer 20s and 21s. Even when I made 20 dealer would get 21. I got my stats to prove it. I also closed my account there. Take a 100% bonus there. You will win like crazy. Once you get near wagering completion you can't win to save your life. I read several times where a RTG casino would raise the Random Jackpot up 10k+ and lower the returns % on that slot. Inorder to get players chasing the random and busting out from the poor return %. Its sounds good that you can break it down in math terms. But that dont mean $hit. And like the casinos here our lottery still sells the same scratch off tickets even though all the million dollar prizes have been won.

[LaHutti]

In theory it works like that. But in reality its a program. I think CM gave a worst casino award to a casino. That allowed you to win in Free play mode. And lose in Real Money mode. I have played at 3dice and lost 22 hands out 25 to dealer 20s and 21s. Even when I made 20 dealer would get 21. I got my stats to prove it. I also closed my account there. Take a 100% bonus there. You will win like crazy. Once you get near wagering completion you can't win to save your life. I read several times where a RTG casino would raise the Random Jackpot up 10k+ and lower the returns % on that slot. Inorder to get players chasing the random and busting out from the poor return %. Its sounds good that you can break it down in math terms. But that dont mean $hit. And like the casinos here our lottery still sells the same scratch off tickets even though all the million dollar prizes have been won.

Now losing 20 in 25 hands or any other amount, in any card game, I think is a completely different discussion, that I would rather not get into....and that goes for every online casino I've visited...namely the random discussion. I've seen some pretty weird shit happening, and have my own theory about that part, and choose to play those games accordingly....namely NOT

[silcnlayc]

LaHutti:But you have the chance of hitting big

Yup and you have almost the same chance of hitting the lottery...see the lottery winners screenshots?

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[skiny]

But you have the chance of hitting big....just have a look in the winner screenshots

I have the chance of getting hit by lightning too but it's never happened.

[vegetagirl2008]

Its just pure luck. You can mathematically analyze it you can call up spirits for your winnings or you can cast a spell. You win, you win. You lose you lose. There is no in-between and I always believe that we play for pure enjoyment and if you win you do the holy ghost dance. If you lose well you pick yourself right up and say to yourself tomorrows another day.

[skiny]

Its just pure luck. You can mathematically analyze it you can call up spirits for your winnings or you can cast a spell. You win, you win. You lose you lose. There is no in-between and I always believe that we play for pure enjoyment and if you win you do the holy ghost dance. If you lose well you pick yourself right up and say to yourself tomorrows another day.

It is luck. I agree with that. But like I've always said, luck is reliant on odds the better the odds the less luck you need. Casinos blame all the losing streaks on bad luck. I think it's true to an extent.

I said something here a long time ago to the effect of - If I get hit by lightning I'm unlucky. If I get hit by lightning while wandering around an open field with a steel rod in an electrical storm. Well, then I'm just an idiot.

[mattsgame]

It is luck. I agree with that. But like I've always said, luck is reliant on odds the better the odds the less luck you need. Casinos blame all the losing streaks on bad luck. I think it's true to an extent.

I said something here a long time ago to the effect of - If I get hit by lightning I'm unlucky. If I get hit by lightning while wandering around an open field with a steel rod in an electrical storm. Well, then I'm just an idiot.

Great analogy there, never that one before. made me giggle and brighten whats been a slow boring day.

[silcnlayc]

skiny: Casinos blame all the losing streaks on bad luck.

Now skiny, that is the old saying, which you really do not see any more as you used to (got overused) ...the new saying is "variants"....c'mon now, get with the program..

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[just play]

Maybe Matt Damon could come an explain all this to us

[silcnlayc]

just play: Maybe Matt Damon could come an explain all this to us

OMG, too funny...laffin too much today and getting no work done..geez...now I am going home to HIT UP my honey (the meister said I could) for some money for more fun!

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