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Old 10-09-2005, 08:42 PM
AngusThermopyle AngusThermopyle is offline
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Join Date: Feb 2005
Location: Ankh-Morpork
Posts: 308
Default Re: anyone win a sidebet yet?

[ QUOTE ]
i don't really understand the sidebet game. Essentially aren't you just betting on the color of the flop, red or black? How does the house have a 6% advantage? if that's the case why would you want to play it?

[/ QUOTE ]

Before you get your cards, you are betting the flop will be all the color you pick (red or black).
They pay you 8 for 1.
Flop is all red 11.75% of the time.

For every one hundred $1 wagers, you will win 11.75 times and collect back
11.75*$8 = $94

Hence, a house vig of 6%.
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