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BETFAIR new casino and Zero Edge Lounge

Discussion in 'Online Casinos' started by BubbleG, Oct 18, 2006.

    Oct 18, 2006
  1. BubbleG

    BubbleG Experienced Member

    Occupation:
    spark
    Location:
    Earth, man!
    Wow this looks pretty good, hope they add some more games to this...

    JoB pays 4/6/9 and 4880 for a royal. There is also no loss of % playing 1 coin

    From the website:

    The only casino in the world with no house edge.

    Betfair Casino offers two great casino lounges, the Zero Lounge and the Main Lounge. The Main Lounge offers a huge range of the newest and most exciting games making it one of the most diverse and best value casinos on the web.

    The Zero Lounge is the first casino with zero house edge on every game* . The following great games are on offer in the Zero Lounge:

    Zero Roulette - One of the most exciting casino games just got a whole lot more interesting. We've removed the 'zero' from the wheel which means you get true odds on every bet.

    Zero Baccarat - We've reduced the commission on the banker bet to 2.75 per cent to create the best return to player of any Baccarat game on the web.

    Zero Blackjack - The rules have been altered in your favour. We pay out 2 - 1 for a suited natural Blackjack and a five card 21.

    Zero Jacks or Better - This version of video poker takes the house out of the game. With a Royal Flush payout 22 per cent higher than in any other online Casino, it is the best value Jacks or Better anywhere.

    Betfair prides itself on offering a unique service. The zero lounge continues that tradition by offering the only casino where games can be played with no house edge.

    If the zero lounge doesn't have the game that you want to play, visit the Betfair main lounge. The main lounge offers fantastic player bonuses and unbeatable offers only available to Betfair Casino customers.

    *The return to player on all zero games is 100.0 per cent. This is correct to at least 1 decimal place based on optimal player strategy.
     
  2. Oct 18, 2006
  3. me_and_ed

    me_and_ed Ueber Meister CAG MM

    Occupation:
    Construction, Mining, Food
    Location:
    Vancouver
    looks like Chartwell software.
     
  4. Oct 18, 2006
  5. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    It is - we confirmed that with Betfair earlier this week.
     
  6. Oct 18, 2006
  7. Alexandre

    Alexandre Official Rep for Slotsmillion and Ladylucks webmeister

    Occupation:
    Owner
    Location:
    Barcelona, Spain
    It's amazing !
     
  8. Oct 18, 2006
  9. Alexandre

    Alexandre Official Rep for Slotsmillion and Ladylucks webmeister

    Occupation:
    Owner
    Location:
    Barcelona, Spain
    Some maths

    I have a question concerning the Jacks or Better video poker from Chartwell (the regular one, not the zero lounge one at Betfair, we will see why later):
    When we take a look at the payout table, we see that the numbers are logical except the Royal Flush when played with 5 coins.
    The payout should be 1.250 (250 X 5) but it's 4.000.
    That mean that people playing with 5 coins have a higher edge than people playing with less coins....it shouldn't be like that, am I wrong ?
    Now, if we check the Zero Jacks or Better payouts (at Betfair), we see that all the numbers are the same compared to the normal JoB except the Royal Flush payouts.
    On normal JoB, Royal Flush pays 250, 500, 750, 1000 and 4000.
    On the Zero JoB, it pays 976, 1952, 2928, 3904 and 4.880.
    Having the Zero JoB payout table which represent 100% redistribution and the normal JoB payout table, could somebody calculate for us the redistribution % for the normal JoB for 1, 2, 3, 4 (it should be the same for less than 5 coins) and 5 coins played (it should be much higher) ?
     
  10. Oct 18, 2006
  11. BubbleG

    BubbleG Experienced Member

    Occupation:
    spark
    Location:
    Earth, man!
    This is standard on all variations of video poker to my knowledge. You will only get the maximum return betting the max, its basically a bonus to entice you to do just that. The Betfair JoB is the first version of VP I have seen that doesn't penalise you for only betting 1-4 coins.

    You see it on most 3 wheel slots aswell, 1 coin pays a 1000, 2 coins pay 2500 or whatever all other wins are proportional to coins bet.
     
  12. Oct 19, 2006
  13. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    Good marketing ploy. The house edge isn't nearly as important as the fact some gamblers often gamble until the bankroll runs out.:thumbsup:
     
  14. Oct 19, 2006
  15. Amigo

    Amigo Dormant account

    Occupation:
    Student
    Location:
    Sheffield
    That wouldnt actually have any effect in the long run, guess they must just be gaining from when people dont do perfect play.
     
  16. Oct 19, 2006
  17. Alexandre

    Alexandre Official Rep for Slotsmillion and Ladylucks webmeister

    Occupation:
    Owner
    Location:
    Barcelona, Spain

    You are right BubbleG, I've never noticed it before.
    Concerning the zero roulette (without zero), the problem is that they've also changed the limits of he table which make it impossible to use a strategy on it.

    If you take the normal roulette on Betfair you have a min of 1 and a maximum of 100 bet at the table (X100 between the min and the max bets).
    Straight up bet: min 1 and max 5 (X5 between min and max bets)
    Even or Odd bet: min 1 and max 90 (X90 between min and max bets)

    On the zero roulette you have a min of 2 and a maximum of 50 bet at the table (X25 between the min and the max bets...the difference between the min and the max bets have been divided by 4, that's very bad !).
    Straight up bet: min 2 and max 5 (X2.5...the difference between the min and the max bets have been divided by 2)
    Even or Odd bet: min 5 and max 10 (X2...that is the worth, the difference between max and min bets have been divided by 45)

    It is clearly done to avoid players using a strategy because you always bet on Red or Black, Even or Odd (I won't explain why here it would be to long), it's called "simple chance" in french (a 50/50 probability), when you want to implement a strategy and on a french or european roulette, the zero gives a higher edge to the house.
    A roulette without zero would have been really interesting for the player, without him having a higher edge than the house.
    But with the "zero roulette" table limits, Betfair take back all the advantage they give to the player.
    Personally, if I had to choose between the "zero roulette" and the normal one, I would take the normal one.
     
    Last edited: Oct 19, 2006
  18. Oct 19, 2006
  19. wangpoker

    wangpoker Full Member PABnononaccred2 webmeister

    Occupation:
    affiliate marketing
    Location:
    Ontario/Canada
    for USD, the min bet is $5.
    same for zero lounge roulette and blackjack
    i don't think zero lounge is a big advantage for players
     
  20. Feb 4, 2010
  21. gdbruyck

    gdbruyck Dormant account

    Occupation:
    retired
    Location:
    Belgium
    Betfair's "zero roulette"

    Players who prefer Betfair's Zero Lounge will be pleased to learn you can play all of Betfair's zero house edge games in their new download casino suite.

    The minimum allowed bet on an even chance is 1.

    The highest bet allowed on an even chance is 400!!
     
  22. Feb 4, 2010
  23. Eliot Jacobson

    Eliot Jacobson Dormant account

    Occupation:
    President, Jacobson Gaming, LLC
    Location:
    Santa Barbara
    In the long run, the house will make no money on a true "zero" lounge. For those gamblers who lose their bankrolls, there will be other gamblers who effectively earn the amount that was lost by the gamblers who lost their bankroll. The house does not gain an edge due simply to having a larger bankroll.

    Also, I am not sure about blackjack. A suited blackjack occurs approximately 1-in-84 hands, and for each such, the player will earn an additional 1/2 unit. This adds (1/84)*(.5) = 0.60% (approx) to the player's side. The rule "five card 21 pays 2-to-1" gives about another 0.25%. If the blackjack game had good rules already, this game will have a player's edge with correct basic strategy.

    I assume they are banking on poor player strategy on both VP and blackjack to gain an edge.

    --Eliot
     

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