Gotta correct you on one thing, Spice. Roulette is not a game with a low house edge... at least, not on the same level as blackjack and craps. Baccarat is similar, but roulette is a sucker's game. The 0 and 00 put the house at significantly above the edge of the other three. Played correctly, blackjack, baccarat, and craps all have well under 2% house edge. Roulette has a 2.7% house edge if only a 0, and 5.26% edge if there's a 00. Still better than the carnival table games (Let-It-Ride, Mississippi Stud, etc.), and of course way better than slots, which I can't believe people hate money so much they feed it to slot machines. SMH.
Originally Posted by CarolineDavenport
damn Caroline i'm impressed! yes my understanding is roulette with the 2 greens has about a 5% house edge, same as a field bet on craps. (i call the field bet a slow bleed.) after my epic fail on roulette, i've never played roulette again except to goof off. it's a sucker's game IMO and unwinnable over the long term.
on dice, downtown Vegas casinos offer 10x odds, and lake charles' casinos offer 20x odds. the casino royale on the strip offers 100x odds. (it sounds great, but i played there and never got comfortable on their tables. last thing you want to do is go 100x odds when you can't shoot for shit. lol.) all the other strip casinos offer 3,4,5x odds. (for newbies, odds bets are multiples of your flat bets and have 0 house advantage.) at 20x odds, the house advantage, if i recall correctly, is less than .1%. (no that's not a typo. see wizard of odds. guy is a genius.)
the best flat bet on the table is called the don't bet, which has a 1.4% house advantage. many players take odds on don't bets, but i see it as risking a lot to win a little. (example: on the 4 and 10, it costs 2$ to win 1$.) i have had the dice when i saw a big don't bettor betting against me with full odds when i was shooting well. if i like the guy, i will tell him i'm going to sink his don't bets and he should at least pull his odds. if the guy is an ass, i will make it my personal mission to sink every one of his don't bets with all his odds. there is no better feeling than destroying the bankroll of a butthead who is betting against you and has an attitude.
dice is a strange game because energy/chi/karma are so important. i know that sounds crazy, but i am absolutely convinced based on what i've seen. i try to align all the energy of the table in one direction, preferably in the direction that the dice are falling. i have found it hard to shoot opposite to what strong personalities on the table are rooting for. once i even asked 3 don't bettors to switch to the do's (pass line) bets to align the energy at the table when i was shooting. i went on to roll for like an hour n everyone cleaned up on my roll.
because of the high cost of don't bet odds, and the chance that a seemingly "poor" shooter may actually be a "great" shooter, i almost never take them.