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Doubling and Loosing

Discussion in 'Online Casinos' started by Easycoins, Apr 24, 2004.

    Apr 24, 2004
  1. Easycoins

    Easycoins Dormant account webby PABnononaccred

    Occupation:
    Gambler $ Webmaster ;)
    Location:
    Europe
    I was playing lots of Jacks and Better today in Playtech Casinos. After loosing money constantly in doubling, i was writing down what i did. It came out, that I had 77 losses to 49 winnings (then all my money was gone). The most winnings, I had in a row was 4 (once!). The most losses in a row was 7 (once), 6 (once), 5 (5 times).
    Shouldn't the chance be 1:1 ?
    I know, that these games are to few to say if the game is fair or not, but I think I've done a 300 games before and it was more or less the same. Has anyone made the same experiences?
    Thanks
     
  2. Apr 24, 2004
  3. Lukas85

    Lukas85 Dormant account

    Abend!

    well, thats exactely what gambling is all about - variance.
    Even if the doubling option was manipulated somehow so that there was a slight house edge the result wouldnt look like that.

    You should play a couple of thousand hands and then analyse your results.
    What youre doing is basically saying "hey, I lost 4 hands BJ in a row so the house edge is 100%" ;-D

    gute n8t !
     
  4. Apr 24, 2004
  5. hhcfreebie

    hhcfreebie Dormant account

    Occupation:
    research
    Location:
    USA
    Doubling on playtech's VP is the one of the best bet you can get. When I play their VP, most of my money were actually put on this "side game".
    There is no house edge, yet you get 0.1% of your wager back.
    Here are some numbers of the doubling game:
    house edge: 0%
    cash back: 0.1%
    chance of win/loose: 47.05%
    chance of tie: 5.9%
    STD of this game: 0.97
    I have placed thousands of bet on this game, I don't see anything unusual. Too bad I count the bet along with the actual bet on JoB so I don't have the actual payout for this side game. I have won more than 10 times in a roll. Usually I set a doubling maximum, if I won more than that I'll only double half of it. Don't get greedy, and you will do well. :)
    This weekend I am going to place more than 20k bet on this game. I won't bet unless I feel its outcome is fair.
     

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