betflipping

[Kohola_KinG]

Originally Posted by Fiberwyre_P2P

The house doesn't need an unfair advantage to make a profit, it's already charging a fee to use the tables.

You're anthropomorphizing the house just a little bit. Why do you care if an NPC makes money? It doesn't affect you or anyone else.
The house doesn't need to make money to stay in business. It has no expenses. It doesn't pay its workers, it doesn't pay rent, or taxes, or anything else.
It's just a few lines of code, some levels, some graphics, and a database, probably.

$100 fee & the house could lose $25000 $50000 and so on if on 50/50. You're running the risk of millions being pumped into the economy. Can you really not see that?

It's only a sinkhole for the player vs player tables as they make a profit each time a player plays on the table, they get the fees. Different story when it's player vs NPC..

Using this as an example from NPC $25,000 table. Fee is $300. If you take the fee into consideration you now have a chance to win.. $24,700.

So the house loses everything?

A player grabs the table and wins $25,000 of the house. Do you think because the house has a fee of $300 that they're taking money out of the economy? Obviously not, the house just pumped $24,700 into the economy. Now with it being 50/50, there is an even chance he can win again. So he could now walk away with $49,400. He could go again and win. Hell he could do this 10 times and win all of them. It's even odds remember. This is to much of a risky sinkhole that could potentially mess things up even more.

You're anthropomorphizing the house just a little bit. Why do you care if an NPC makes money? It doesn't affect you or anyone else.
The house doesn't need to make money to stay in business. It has no expenses. It doesn't pay its workers, it doesn't pay rent, or taxes, or anything else.
It's just a few lines of code, some levels, some graphics, and a database, probably.

You don't get it, do you? By the NPC making money takes money out of the economy. Simply put, there is to much money out there. These systems are put in place to take money out. "NOT EVERYBODY IS SUPPOSE TO BE A WINNER." Gambling is luck. Do you really think casinos and betting systems irl are 50/50, hell no!? It cant be... It cant and doesn't work like that, it just cant?

Same applies to this game.. It's a sinkhole.. Nothing more, nothing less. Gambling is fun... You might lose more than you win, hell you are going to lose more than you win but it's the losing part that makes you chase the money, sometimes you win it back, sometimes you win more than you put in.. Sometimes you lose it all but it's fun.

That's gambling.

Now... If you wanna talk about systems that player vs player then it can be 50/50. The house can still benefit from fees as nobody is competing against the "house".

60house/40player. The house benefits more and then it becomes more realistic gambling.

[Fiberwyre_P2P]

Originally Posted by Kohola_KinG

Spiel about some guy winning 10 times in a row

The odds of someone winning a 50/50 game 10 times in a row is about 1 in 1024.

You are just throwing numbers out to make a point, but that's not actually how it would go down.

If it's 50/50, you would statistically win about as much as you lose, and the house would be collecting fees the whole time. Either way, if you're up or down, you're losing more money than you're winning.

Not only that, but the buy-in could be a lot more than $300 if you're talking about a $25,000 table. Maybe it should just be an even 10% for every table.

If you charge a $2,500 fee for a $25k table, you would win $22.5k, but you would lose $27.5k.

Also, aren't you always one of those people who make fun of me or whoever else when they bring up realism in this game? **** off.

[Kohola_KinG]

Originally Posted by Fiberwyre_P2P

The odds of someone winning a 50/50 game 10 times in a row is about 1 in 1024.

You are just throwing numbers out to make a point, but that's not actually how it would go down.

If it's 50/50, you would statistically win about as much as you lose, and the house would be collecting fees the whole time. Either way, if you're up or down, you're losing more money than you're winning.

Not only that, but the buy-in could be a lot more than $300 if you're talking about a $25,000 table. Maybe it should just be an even 10% for every table.

If you charge a $2,500 fee for a $25k table, you would win $22.5k, but you would lose $27.5k.

Also, aren't you always one of those people who make fun of me or whoever else when they bring up realism in this game? **** off.

You could win about as much as you lose but that's not fact. 50/50 gives you the chance to win more than you lose. You aren't taking into the consideration of many people vs the NPC not just one. So what if 50 people are + on the house??

fees are only like $300? The amount of times you would need to flip $25,000 for the house to even get what they lost on 1 flip. So yet again, your fee talk is nonsense.

And a fee of $2,500 for $25,000. Wise up.

Also, aren't you always one of those people who make fun of me or whoever else when they bring up realism in this game? **** off.

No. I rarely talk to you because you're the type that's always right, never wrong. Mr know it all. Then if people don't agree you

That quote summons it up really.

[Fiberwyre_P2P]

Originally Posted by Kohola_KinG

You could win about as much as you lose but that's not fact. 50/50 gives you the chance to win more than you lose. You aren't taking into the consideration of many people vs the NPC not just one. So what if 50 people are + on the house??

fees are only like $300? The amount of times you would need to flip $25,000 for the house to even get what they lost on 1 flip. So yet again, your fee talk is nonsense.

And a fee of $2,500 for $25,000. Wise up.



No. I rarely talk to you because you're the type that's always right, never wrong. Mr know it all. Then if people don't agree you

That quote summons it up really.

I'll just start by saying that you're a prime example of someone who is always right. Anytime you're wrong, you just accuse the person you're arguing with of always being right.

I'll follow that up by saying that you clearly don't grasp the concept of probability.
You have exactly the same chance to win as you do to lose.

If 50 people are up, 50 people are more than likely down. The more rolls the are, the closer to 50/50 the results will be.

You say the fees are too low, but when I propose raising them, you tell me to wise up?