"Richard Henry" <firstname.lastname@example.org> wrote in <a href="news://6eIsd.128594$SW3.100933@fed1read01:">news://6eIsd.128594$SW3.100933@fed1read01:</a>
> My little story: > > The first time I played roulette in Las Vegas (I'm not much of a > gambler; we stopped for breakfast at the Flamingo at 3AM on our way to > Utah) I turned $20 into $600 in about 10 minutes. When I asked to > cash out, it took approvals from two levels of management to convert > my roulette chips to Flamingo chips. I'm suspect my tape is still > archived somewhere in the Flamingo vaults. >
My brother works for a hotel construction company and his company just happened to build the new Westin Hotel in Las Vegas[*]. In doing so, there were strict rules they had to follow in order for the appropriate survellance systems to be installed. Although, I don't think the Westin has a casino, they still had to follow the rules.
One thing he told me is that every single spin of a roulette wheel is recorded and analyzed. He didn't know if it was NGC law or just casinos avoiding people ripping them off. If there is bias, it is shut down and removed. The main reason, even at a $20 maximum table, you have a chance to win $700 with each spin. A statistically signficant bias and you can make some money fairly quickly, with a 35x return.
Craps results are not as closely guarded because the thrower has his or her choice of a few dice. Thus if one die is biased, it is hard to constantly pick that one die out of the 6 you are offered.
Most other table games do not offer such large payouts for small investments. In blackjack, for example, at best in a single hand you can profit 1.5x your bet.
[*] Having him build a hotel there meant when I visited, everything was comped for me -- free room, free meals, and free shows. That was the first time I went to Vegas and actually left with more money. I only gambled a little bit.
-- Timothy M. Brauch NSF Fellow Department of Mathematics University of Louisville