CASINOS
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Does the size of a bet effect the odds?
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Dear Mark, Does the bet size ever influence the house
advantage? For example, does in make any difference if you
bet £5 on red in roulette or £500? Clay S.
None whatsoever, Clay. Every single casino game has a built-in
edge working for the house. This house edge does not discriminate
against the size of a wager. With your example, the casino
will hold the same 5.26% advantage on a red wager in roulette
whether you bet £5 or £500. Friend of mine invented
a game in which the dealer could do just what you suggestalter
the odds during play. Chance that his invention will see casino
life: Zilch, Zip, Nada.
Gambling thought of the week: "Gambling is a principle inherent
in nature." Edmund Burke, House of Commons speech (1780)
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