View Single Post
  #3  
Old 08-11-2003, 09:14 PM
RocketManJames RocketManJames is offline
Senior Member
 
Join Date: Nov 2002
Posts: 118
Default Re: Single Big Bet - Highest Winning %.

Perhaps I wasn't too clear on my description of what I'm looking for... and yes, you're right. I meant to say 49% not 51% (but too much time had passed for me to edit).

It is true that a field bet (with 3:1 pay for double 6's) gives better EV than a Red/Black bet in Roulette. But, if you have a field bet, you will win 44.44% of the time. If you have a Red/Black bet, you will win 47.37% of the time. So, even though the field bet might provide better EV, in this case, my friend would prefer the Red/Black bet. The reason is that he is EQUALLY happy with winning his bet as he is with winning twice his bet.

So, rolling snake eyes on the field bet would give him $500, but he's just as happy with $250. Remember, he's going to make this single bet only... forget about EV. What is the bet that he should make of all the casino games and bets that gives him the highest percentage of winning at least his $250?

Is it the pass line bet, no pass bet, red/black roulette bet? I am guessing that it's not blackjack due to the higher percentage of losing being evened out a bit by 3:2 payout on BJ and double down/split opportunities.

Thanks for your answer... maybe what you've said is correct, and he should go for the pass line bet.

Anyone else care to take a stab?

-RMJ
Reply With Quote