Casino holds on electronic tables games

[Alan Mendelson]

I've often wondered if those electronic table games that simulate roulette and craps and blackjack were treated as slot machines or actual table games. If treated as slots in Nevada did they have a minimum return of 85%?

John Grochowski in his newest article explained it in his new article:

http://grochowski.casinocitytimes.co...le-games-65246

Indeed the pay back on the electronic game can be adjusted to meet regulatory requirements.

[Rob.Singer]

Any electronic game can have a pay back % programmed in. That's what Indian casinos, cruise ships, certain states, foreign countries, and online casinos do. And that's why anyone who plays at any of the aforementioned is crazy and only does so because they can't control their insatiable desire to play.

[Alan Mendelson]

Any electronic game can have a pay back % programmed in. That's what Indian casinos, cruise ships, certain states, foreign countries, and online casinos do. And that's why anyone who plays at any of the aforementioned is crazy and only does so because they can't control their insatiable desire to play.

Rob are you saying the electronic craps and blackjack games are rigged? Because that's a big difference between knowing what the theoretical hold is.

[RS__]

"Theoretical hold"

[BYLee291]

It has always been my understanding that gaming commissions mandate that electronic table games have the same probabilities as the actual table games. So the odds of drawing a royal in a VP game is the same as with a deck of cards. It's the pay table that provides the house edge, since you are never paid anything close to the actual odds of hitting a particular hand. I've played some electronic craps and the payouts are the same as at a table -- even better -- since a $5 or $10 place on the 6 or 8 will actually pay you the loose change, and you're not shorted like you would be at a table. So you get correctly paid on a $5 place bet on the 6 and 8, and the $5 odds bet behind the pass line on the 5 and 9 since the machine pays cents. This is no doubt mandated by the gaming commissions. I'm not sure if you get shorted on the center proposition bets, since I don't play them, but I don't think they are because the casino doesn't need any additional hold and wants to encourage people to play them. After all, anything the casino makes on these games after the machine itself is paid for is pure profit since they were no staffing costs.