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Thanks in advance for any comments.
Station Casino Online Sports Betting
Nov 12, 2019 station casino betting odds station casino betting odds Side is the Point Spread Line (“against the spread”) or in Baseball, the Run Line. Money: This is the “Money Line” bet where bookmakers adjust the price of the wager instead of using a point spread to even the odds.Station Casino Betting Odds B Rampart is a locals casino that has an older clientele.
(1/2)^20 is the P(Winning) which is 1,048,575:1 so
P(L) = 1,048,575/1,048,576
P(W) = 1/1,048,576
$1,000,000(1/1,048,576) - $5(1,048,575/1,048,576) = -$4.0463
a truly terrible bet with over 80% HE.
I knew the house edge had to be high on this bet, but over 80% house edge that is crazy. Does that make this bet the worst possible bet in the casino?
In reality, there will be some games that a sharp punter might be able to predict 67/33 instead of 50/50. This knocks the HE down a bit. Keno is still probably the worst bet.
Station Casino Sportsbook Odds
I knew the house edge had to be high on this bet, but over 80% house edge that is crazy. Does that make this bet the worst possible bet in the casino?
I don't play parlay cards, but my guess is that with a bit of knowledge, you should be able to get at least 10 of those covered (unless of course they choose games with less than a 3 spread.) The NFL games are more challenging, as teams are usually evenly matched, while college games have a bit more intrigue depending on the line. Doing the coin flip, yes it's a terrible house edge, but with background information, my guess is you can cut that in half, and 40%, while super high still, would not be the worst bet by any means.
Station Casinos Sports
Or $5 into $2,065,812.55
Boo on gimmicks.