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How do you low-risk bet Sic Bo?

Discussion in 'Online Casinos' started by KasinoKing, Oct 11, 2006.

    Oct 11, 2006
  1. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Anyone know how to low-risk bet Sic bo?
    I've never played the game, but I've heard you can do this.

    If you do - get over to Trident Lounge before they correct their obvious error!! :D

     
    1 person likes this.
  2. Oct 12, 2006
  3. bpb

    bpb Banned User - repeated violations of rule 1.14 (tr PABnorogue PABnonaccred

    Location:
    Haverhill
    There's no such thing as a low-risk bet in sic-bo, baccarat, craps or roulette.

    There are bets where you are able to set your variance to 0, and make your expected loss on each hand = to your actual loss.

    There are two schools of thought as to why casinos disallow these games when bonuses are involved.

    1) They don't want a player to run up a large balance, and then grind out the wagering requirement on a game where the player can calculate the exact loss that he will incur during that amount of wagering. They'd rather have the player play a game with some volatility, to increase the chance that the player will hit a losing streak, causing the player to continue to wager after meeting the wagering requirement, in an attempt to win his money back

    2) Casino operators have the math skills of a jelly donut

    While #1 is plausible, I personally believe that casino operators actually think it's possible to place a bet with no house advantage in the aforementioned games.
     
  4. Oct 12, 2006
  5. awstick

    awstick Dormant account

    Occupation:
    Student
    Location:
    US
    The lowest house edge bet in sic bo is 2.78%. This means that $1 of bonus money has an EV of only $0.166 when playing sic bo. However, since roulette is only discounted to 67% it is actually a much better deal to play that. French roulette has a 1.36% house edge, and $1 in bonus money has an EV of $0.386.
     
  6. Oct 12, 2006
  7. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    Errm, a 0 variance bet is a low risk bet.

    Sometimes I get this feeling, too.
     
    1 person likes this.
  8. Oct 12, 2006
  9. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Sorry, but that statement is clearly wrong.
    There are low-risk bets, what there are not are no-risk bets.
    Even I know how to low-risk bet Craps & Roulette! ;)
     
  10. Oct 13, 2006
  11. happygobrokey

    happygobrokey Dormant account

    Occupation:
    student of life
    Location:
    canada
    bet over and under at sic bo? like hi/low at roulette.
     
  12. Oct 13, 2006
  13. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    I just know SicBo can be great fun... I've not played it in ages, but used to always plop a single chip on the big triple ones - then the six, seven, eights etc for the rest of my chips. You could get some long term fun and the occasional biggie :D
     

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