[vpFREE] XVP: Re: DISECTING A 400 YEAR OLD DICE HUSTLE

 

this is one of the bets in sic bo.

original story- 10/11 (instead of 9/10) would have been a zero edge bet

If the Gambler sees his choice come up on one die, he's paid
1:1. If the Gambler sees his choice come up on two dice, he's paid 2:1. If the
Gambler's choice hits on three out of three dice, he gets paid 3:1."
--- In vpFREE@yahoogroups.com, "ma18ks" <89109.nv@...> wrote:
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> Great story, Mickey. The number 216 is resonating with me right now, as I recently encountered a new game involving three dice. I don't know the name of the game, but it's popular amongst Southeast Asian communities, especially during holidays. I was at a Thai New Year party a couple weeks ago, and it was being played there.
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> The game is simple. Three dice are used, but the dice aren't standard. Instead of having pips (1 through 6) on each side, these dice have six unique images. A crab, a fish, a shrimp, and three other items I can't recall off hand. Gamblers chose to bet on one of the six outcomes, and the House rolls three dice simultaneously. If the Gambler sees his choice come up on one die, he's paid 1:1. If the Gambler sees his choice come up on two dice, he's paid 2:1. If the Gambler's choice hits on three out of three dice, he gets paid 3:1.
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> It was pretty clear to me the house held a significant edge, but I had to wait to get home to calculate the exact figure. It turned out to be around 8% (the community is free to check this figure), which is a perfect hold for a home dice game in my opinion. The variance will allow one or two people to win enough to believe they got the best of it. Most players will end up near (or quit when they get back near) their buy in. Someone will lose their ass, and blame it on bad luck. But everyone who ends up on the short side will believe they can be a winner next time.
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> I asked my friend if we could bank the game at the next party. "No problem," was the response. Looking forward to it.
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