Whoa. I play 17 and big on 27. So sad to see for you Nate.

 

That sucks. Hopefully in 10 months Vegas will treat you right. In my Vegas heyday I was losing $500K every other week gambling (and I was getting no discounts or even airfare at the time), so I know how much it sucks and I know the shitty thoughts that come with losing that kind of money. Stuff like "I could have bought a Ferrari with that" (another one in your case lol), "that's more than most mortgages," etc. It always made me feel foolish.

I hate to bring math into this but there's a mathematical reason you lose way more often when you play a ton of roulette on a given trip....it has a much higher house edge than Baccarat or the decent bets on Craps, which I know you like to play. It's great when you win, of course, but so is Keno and the Lottery and everything else. If you stick to your favorite game, baccarat, you'll have more winning trips and dramatically lower your overall losses.

 

Yeah, you and PPHOLD on sabbaticals.

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Fish, to be fair, if it's single zero with imprisonment it's not much worse than bacc.
Regardless, sucks about the loss. Get em next time Nate!

 

Only if you're playing colors.

 

Shifter is correct, the "en prison" rule only applies to bets that pay 1:1 (colors or high/low). Single zero roulette bets anywhere inside have an edge of 2.7%, and double zero is 5.26%. So it's far worse than the banker bet on Baccarat which is only 1.06%.

 

Actually, believe it or not, playing the "outside" 1:1 bets on Single zero roulette IS better than playing Baccarat, in Vegas (at least at the Cosmo, where I have personally verified).
Here's why. Assume you get 30% of your theo back in comps.
If you bet 100,000 in Bac, you will generate 1,060 in theo based on HA of 1.06%. You will get back 30% in comps or 318, so you will expect to have a net "loss" of 742 (1,060 - 318).
If you bet 100,000 in Single zero roulette on the Inside, i.e putting chips on single numbers etc, you will generate 2,700 in theo based on HA of 2.7%. You will get back 30% in comps or 810, so you will expect to have a net "loss" of 1890 (2,700 - 810).
Now, here is where the "flaw" in the casino rating system is exposed. If you bet 100,000 in Single zero roulette on the Outside (putting chips on Black, Red, Even, Odd, 1-18, 19-36, i.e. the bets that pay 1:1) how much theo do you think you will you generate? Remember, the HA is only 1.35%, since you get back half your bet if the Zero comes up. So you expect you will generate 1,350 in theo, right?
HOWEVER, you will generate 2,700 in theo based on HA of 2.7%. Why? Because the pit just enters your time and average bet, without specifying 2.7 % or 1.35%. They don't take into account the lower HA on the outside bets! So you will get back 30% in comps based on 2,700 theo or 810, so you will expect to have a net "loss" of 1,350 (your true theo) - 810 (based on the 2.7%) = 540.

And 540 is less than 742.
I have personally field tested this by obtaining real session playing numbers and theo at the Cosmo. It will be interesting to see if the MGM does the same when I visit next week.

 

This is certainly possible. There is enough wiggle room in casino rating systems and various promotions to greatly reduce the edge or even give the player an edge - especially if you count the retail value of comps in your win. For example, for a long time, many casinos pegged the theo on blackjack at right around 1%, and comped accordingly, even though the edge can be as low a 0.28% with the best rules on the strip and perfect basic strategy. In the last few years, they've figured out that BJ players are better than they thought they were, and have adjusted it down. Most put the theo on BJ at around 0.6% now.

Along the lines of the flaw you found at Cosmo, someone I know gambles for a living, but doesn't play table games. His bread and butter is multi-game machines. Why? Because those machines sometimes have 20 different games on them, but most player tracking systems don't record the specific game you're playing - the house simply averages out the edges on the games on that machine, and gives you points and freeplay back based on that average. A given machine might have games with house edges ranging from 0.2%-10%. Find the game with the lowest edge (which is easy to calculate on video poker and blackjack-based games), see how much you get in points/freeplay after passing a known amount of action through it, compare it to the house edge, and you can relatively easily identify specific games on specific machines where you have an edge. Add in promotions, such as point multiplier days, loss rebates, etc., and you can crush them if you know what you're doing.

So anyway, yeah it doesn't surprise me that they aren't marking you off at some casinos for playing lower edge bets on roulette. Casinos aren't necessarily all that bright.

 

That's some brutal gambling, natedog. Sorry to hear about the rough trip. You can make it ten months -- or however long you need until you feel like going after it again.

 

PT that is a lot of work to get the theo and time and record it and track it and then get the actual theo, but if you have the time and remember please let me know if MGM rates and does the same as Cosmo.

I try to find out from Aria but hit a bad streak at Aria Roulette and was not able to but in enough time to get enough data.
Hit the bad patch of spins.


Sorry Nate guess this is not a good year to gamble.
Have a safe trip home. Hope your mom hit some jackpots on slots.