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Betfair 0% house edge games

Discussion in 'Online Casinos' started by gfkostas, Jan 7, 2008.

    Jan 7, 2008
  1. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Can they really afford to remove the house edge? if yes what's the point having the games available?
    A roulette with 0% edge can be deadly for a casino should a whale take them up.

    :cool:
     
    2 people like this.
  2. Jan 7, 2008
  3. SlotsWizard

    SlotsWizard Dormant account webmeister

    Occupation:
    I currently work for the Wizard of Odds
    Location:
    North of Antarctica
    I think they have 2 things in their favor:

    1) Variance
    2) Betting limits

    I'm not sure what the actual limits are because I can't even play in free mode, but I doubt they will be going out of business any time soon.
     
    2 people like this.
  4. Jan 7, 2008
  5. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    Holy moly ! How do I sign up ? What games can I play ? How much can I cash out ? How do I find this place ? Tell me quick...before they change their minds !!....:D:D
     
  6. Jan 7, 2008
  7. hippo925

    hippo925 Dormant account

    Occupation:
    medical field
    Location:
    so cal
    wow!!!! just checked the site. unfortunately no u.s. but i'm looking forward to hearing about what the slots play like!! apparently, the entire casino and all the games are 0 house edge??? wonder what the blackjack rules are?

    someone let us know what a 100% slot plays like!!:D


    sorry guys... didn't take the time to look more carefully and read the old posts. the zero edge games are only on certain table games in what they call their "zero lounge" i guess. their main lounge has 40 or so regular games that are not included in the zero edge thing. but.... for a second i did get a "mental" erection!:D
     
    Last edited: Jan 7, 2008
    1 person likes this.
  8. Jan 7, 2008
  9. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    Well hell, no US huh, I knew it sounded too good to be true, at least for me anyway..:mad:
     
  10. Jan 7, 2008
  11. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Not sure about the number of decks of their blackjack game but the 2 extra rules they got are: suited blackjack pays 2 to 1 and 5 card 21 wins 2to 1. Also double down only on 8,9,10,11.

    You can always play even if in US. You just need someone who lives in UK and play through him which I would do if gambling was outlawed here. If you win he mails your winning if not you have lost nothing since it was his card:lolup:
     
    Last edited: Jan 7, 2008
    1 person likes this.
  12. Jan 7, 2008
  13. SlotsWizard

    SlotsWizard Dormant account webmeister

    Occupation:
    I currently work for the Wizard of Odds
    Location:
    North of Antarctica
    They only have 4 zero-house-edge games, Roulette, Blackjack, Baccarat and Jacks or Better. No slots in the Zero Lounge (but they are available in the regular casino).

    The roulette is the only game with truly fair odds ("fair" in the sense that the payoff is inversely proportional to the probability). The Wizard of Odds and Aka23 have both calculated a negligible house edge for Blackjack and Baccarat if I remember correctly. Jacks or Better has a player edge of 0.0000189514% :D
     
    2 people like this.
  14. Jan 7, 2008
  15. aka23

    aka23 Dormant account

    Occupation:
    Technical
    Location:
    Planet Earth
    I expect that the zero lounge is a promotional tool to bring in players to more profitable areas of the site, like the sportsbook. 5Dimes does something similar with their bonus casino.

    The blackjack game has 8 decks. The house edge is ~0.02% with optimal basic strategy and ~0.05% with standard multi-deck basic strategy. I believe it's the third lowest house edge online... after boss media single deck and vuetec.
     
    2 people like this.
  16. Jan 7, 2008
  17. I<3Microgaming

    I<3Microgaming Dormant account

    Occupation:
    Student
    Location:
    Canada
    I think the best reason they are not offering this is that most people just don't play basic strategy. This is where an "artificial" house edge is created for the house.

    I am always amazed at the number of people I see not doubling on 11 vs. 6, splitting tens, etc. when I play live blackjack :rolleyes:
     
  18. Jan 7, 2008
  19. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Too bad - no US. They've been running this for quite some time now. They even had a special Casinomeister bonus which ended last week

    RedArmy can answer more questions on this I'm sure:

    http://www.casinomeister.com/forums/members/redarmy.html
     
  20. Jan 7, 2008
  21. Zoozie

    Zoozie Ueber Meister CAG PABnonaccred

    Occupation:
    Software Developer
    Location:
    Denmark
    Betting limit is 50$ on the roulette. For low limit roulette players, this can turn
    their expensive gambling habit into a totally cost free experience.

    However I never understood the appeal of the roulette wheel. Gigantic house edge and no way of winning big. At BM casino roulette, the dealer even expect to get tips! I believe normal tip is 1 chip unit, when winning on a single number, thus doubling the house edge on these single number bets that are the most interesting bets really.
     
    3 people like this.
  22. Jan 7, 2008
  23. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    All the good opportunities go by the way side now for us good ole boys and gals in the US...:mad:
     
    1 person likes this.
  24. Jan 7, 2008
  25. Rusty

    Rusty Banned User - repetitive flaming

    Occupation:
    IT
    Location:
    Manchester UK
    Every B&M UK Casino I ever played does not allow tips.
    "All gratuities to the gaming staff are illegal"
    I don't know if that has changed in the last few Years but it was obviously to prevent backhanders to staff.

    As well as the zero edge games the spotsbook is excellent too as it is the players who define the odds and you can lay as well as back.
    In-fact there is every possible option available and they make their money by taking a small commission on bets.

    The slots are not zero edge unfortunately :p but they are ok, see betfair slots thread.

    All in all a good place to gamble, oh and payouts are reasonably quick too, oh and they willl give you a free matched bet to 10, oh and they give you a free 10 just for making 3 different type of bets oh and a free 10 for trying 3 specific games, oh and the WR on 1st deposit aint bad , oh and did I say there is no WR on the other bonuses.

    A decent place to wager.
     
    2 people like this.
  26. Jan 8, 2008
  27. BBKPoker

    BBKPoker halfway to busto PABrogue3

    Occupation:
    None
    Location:
    Edinburgh, Seattle, Vancouver BC, Auckland
    They also make money off of the vast majority of their players who do not do play Blackjack and other table games optimally. Zero house edge is only zero house edge if you play perfect strategy and the casual gambler and sportsbettor almost certainly doesn't.
     
    1 person likes this.
  28. Jan 8, 2008
  29. aka23

    aka23 Dormant account

    Occupation:
    Technical
    Location:
    Planet Earth
    It depends on the game. It's hard to play zero roulette with a losing (or winning) strategy. But there are certainly a lot of blackjack and video poker players who don't use perfect strategy. This is especially true in regards to zero blackjack, with strategy changes for the unique 5-card 21 bonus.
     
    1 person likes this.
  30. Jan 8, 2008
  31. RedArmy

    RedArmy Dormant account

    Occupation:
    Casino Affiliates
    Location:
    UK
    Happy new year to you all, i just got back from my vacation :D

    I would like to advise you all that i have extended the no deposit bonus until the end of January and i will be doing more wonderful things for Casinomeister in the future.

    :thumbsup:

    any comments on the Zero Lounge plus what could be better is much appreciated and i will get back to you all on any suggestions etc

    also taking bookings now for the CAP London, if any of you want to meet up for a chat etc

    thanks for your feedback.

    your humble servant

    RedArmy
     
    1 person likes this.
  32. Jan 8, 2008
  33. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Any idea where can i find the strategy chart which includes the 5card 21 bonus? and a strategy chart for vuetec easy payout rule?
     
    Last edited: Jan 8, 2008
  34. Jan 9, 2008
  35. aka23

    aka23 Dormant account

    Occupation:
    Technical
    Location:
    Planet Earth
    I have strategy charts for the games on my site. Note that the VueTec game with the player edge is the computerized version with early surrender, not the live early payout game.

    Betfair -- You must register/login in order to see the link.
    Vuetec -- You must register/login in order to see the link.
     
    2 people like this.
  36. Jan 9, 2008
  37. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Thanks aka. Am checking your site


    Any idea if the early payout is accurately calculated or they have put a house edge on it as well?
     
  38. Jan 9, 2008
  39. aka23

    aka23 Dormant account

    Occupation:
    Technical
    Location:
    Planet Earth
    Early payout usually has a ~3% house edge, so optimal strategy is to not take the early payout.
     

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