this post was submitted on 08 Sep 2023
769 points (98.1% liked)
Memes
45633 readers
1157 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's all rigged, technically. If you go to a real life casino, slots are certified to pay out some percentage of plays. It's like, 8%.
If you play craps, roulette - the house always has the edge because there's more results favorable to them.
The only "casino" game where the house doesn't have an edge is poker because that's player against player. The house doesn't really have a stake in any outcome, they're just being paid to host the game.
In Poker, the Casino keeps a rake out of every pot.
Besides your examples there are only a handful of games where the player has so much as an even chance against the casino and even then it requires doing extra skill based efforts. One example is card counting in blackjack, using basic strategy you can lower the house edge to something like 1% or even a little lower depending on the rules of the table. Counting is the only way to push the edge in the players favor in blackjack. Even then, its taking what is around a 48% chance for favorable player outcomes and barely nudging it to a 50-51% chance for the player. Roulette has some of the best odds, something like a 7-8% chance to land on any one number and with hedge bets those odds go up without any input from either side but even then the house edge in that is still ludicrously high by comparison to blackjack, baccarat or poker.
Physical slots "feel" less likely to be rigged than digital slots but as another commenter said it depends on the jurisdiction one finds themselves in as to whether that is true or not. The state would like their cut too so most regulators want to keep the games fair as fair games draw players in. Rigged games eventually lose casinos business cause word spreads among the players. Overall digital slots just feel less trustworthy and most likely are less trustworthy.
There's also blackjack, but you have to start with a large sum, and count cards. Technically there's nothing wrong with that, but you'll get kicked out.
Edit: woops. Yeah the other guy already made my point.
No! Only we can rig games in our favor! Get out! -casinos
Why are you stalking me?
Oh agreed, it's just to me there isn't even the illusion of chance now. That "deck of cards" could have all the face cards "missing" out of it and no one would know. The slots could literally be programmed to pay out only if you seem like you're getting bored. it's just too easy