Friday, October 28, 2011

gamblin' man

Last night for our work Halloween party, they took us to the Ameristar Casino in Black Hawk, CO and gave us $50 to play.

I started by putting $10 into a video poker machine, because that's what my mom always plays.

I played for ten minutes and the $10 was gone.

So then I put $50 down at the Roulette table. I had never played the inside numbers before, sticking to red and black. But it looked fun.

They gave me 50 single dollar chips. It was a $5 minimum table. So every round I put 5 chips out. For example: 29, 22, 11/8, 1, 31/32/34/35.

I hit a few quadrants, that paid 8 bucks. But the real story is that I hit 3 single numbers: 29, 22 and 1. Which pay out 35 bucks each.

I walked away from the Roulette table with $120 dollars. Up $70.

Subtracting the $10 that I lost at the machine, I profited $60 at the casino.

Plus, they gave me $50 to play, so I walked out with $110 more than I walked in with.

2 comments:

  1. How long were you at the roulette table? I love roulette just because you can play for a long time without getting too far up or down, and for me I usually finish with at least a small profit.

    And it's crazy looking at how payouts actually play out...the only real edge is in betting the top line. Did not know that.
    http://en.wikipedia.org/wiki/Roulette#Bet_odds_table

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  2. I disagree that the only real house edge is betting the top line. Clearly that's the worst bet, but the house maintains a very real edge--over 5% on every bet.

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