Casino at Mika's island which looks like a Cake

Discussion in 'Off-Topic' started by MikaMelody, Sep 26, 2014.

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  1. MikaMelody
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    MikaMelody Well-Known Member

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    2014-09-26_21.55.54.png
    How to Play:
    You Pay first then
    You STAND on a colour that you bet on
    I pull the lever, and if your light is still on
    YOU WIN!!
    OR
    You Pay first then
    You SAY a colour that you bet on
    YOU pull the lever, and if your light is still on
    YOU WIN!!

    Payments can be in
    Diamonds
    Grass
    Iron or
    Gold

    ***PLEASE NOTE ***
    Output is random it cannot be Rigged due to the continuous redstone timer that won't stop even you have pulled the lever
     
  2. Dodsferd
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    Dodsferd Member

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    What are the prizes for this event? And what do the "payments" entitle the player to?

    IE: what is the difference in paying in diamonds or grass?
     
  3. MikaMelody
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    MikaMelody Well-Known Member

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    Humm never thought of Events before.... I might make it IF you land on the same colour 3x in a row you get a emerald XD

    Winings are paid out 3 to 1

    So if you bid 2 diamonds and win you get 6 diamonds
    or you bid 10Grass and win you get 30 Grass

    same goes with iron & gold
     
  4. MikaMelody
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    MikaMelody Well-Known Member

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    If you are lucky that is when my redstone lags, you would able to get more that 1 output
     
  5. Dodsferd
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    Dodsferd Member

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    Alright...

    Well here's some maths,

    There's a 1 in 12 chance of getting a pay out based on the original image. That means you have an 8.3% chance to win and a 91.7% chance to lose.

    Given that the payout is indicated at 3 - 1 per win, and there are 12 possible outcomes, that is a 25% payback on your bet.

    This equates to a game with a 66.7% house advantage for the owner of the casino.

    The probability of getting 3x strikes in a row is 1 in 1,728 for an emerald.

    Needless to say, if this were a game in a real casino, it would be the absolute best game for the house, but would see almost no play from players.
     
  6. MikaMelody
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    MikaMelody Well-Known Member

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    Just Applied Luck then 100% Wins

    that emerald thing is just a saying, but i already have 2 people whom has landed one the same colour 3xs in a row

    Why is a Casino a casino? House has the advantage or else there wont be one
     
  7. MikaMelody
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    MikaMelody Well-Known Member

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    Btw Casino roulette has 36 numbers and adding in the 0 and 00 which makes 38numbers
     
  8. Dodsferd
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    Dodsferd Member

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    Yeah, uh, I work in a Casino. Have for 6 years now.

    European Roulette has a 2.70% Edge, and American Roulette has a 5.26% Edge. Slightly different than a 66.7% edge ;)

    Edit:

    Also, Roulette's number spread is balanced by the payouts. You get 35 - 1 for straight up, 17 - 1 for a split, 8 - 1 on a corner, and a whole bunch of other payouts on the outside bets.

    The payouts balance against the odds. To reduce your house edge, you'd have to increase your payouts from 3-1, closer to 11-1 for a lesser advantage.
     
  9. MikaMelody
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    MikaMelody Well-Known Member

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    Oooo Nice 6 Years

    Im A VIP Gambler XDXDXD

    Couldn't make it into the VVIP tier
     
  10. Dodsferd
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    Dodsferd Member

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    Alright then, be a smartass.

    Best of luck with your game.
     
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