https://randronsports.com/Notes on odds, house percentages and the arithmetic behind the games.enhttps://randronsports.com/the-return-to-player-number-on-a-slot-machinehttps://randronsports.com/the-return-to-player-number-on-a-slot-machineFri, 11 Nov 2011 09:00:00 +0000The figure published for a slot machine is a return to player, which is the complement of the house percentage. A machine described as returning ninety-four per cent has a house percentage of six.https://randronsports.com/a-saying-from-the-blackjack-pithttps://randronsports.com/a-saying-from-the-blackjack-pitThu, 20 Oct 2011 09:00:00 +0000It is a blunt way of saying what the entry on edge and hold says at greater length.https://randronsports.com/line-movement-and-what-it-actually-tells-youhttps://randronsports.com/line-movement-and-what-it-actually-tells-youWed, 28 Sep 2011 09:00:00 +0000A moving number is often read as new information about a game. Sometimes it is. More often it is information about where the money went, and those two things are not the same.https://randronsports.com/the-conversion-table-worth-bookmarkinghttps://randronsports.com/the-conversion-table-worth-bookmarkingThu, 01 Sep 2011 09:00:00 +0000Rather than repeat the conversion arithmetic in every entry, the common prices are set out on one page here, with the implied probability alongside each so the margin in any two-way market can be readhttps://randronsports.com/basic-strategy-is-a-table-not-a-hunchhttps://randronsports.com/basic-strategy-is-a-table-not-a-hunchSat, 06 Aug 2011 09:00:00 +0000Blackjack is unusual among casino games in that the player makes decisions that change the arithmetic. What is called basic strategy is simply the complete list of the best decision for every combinathttps://randronsports.com/reading-a-craps-table-layouthttps://randronsports.com/reading-a-craps-table-layoutFri, 15 Jul 2011 09:00:00 +0000A craps layout looks crowded because it is two identical betting areas printed at either end of the table with a shared area of proposition bets in the middle. Learning one end is learning the whole thttps://randronsports.com/a-short-history-of-the-legal-sports-bookhttps://randronsports.com/a-short-history-of-the-legal-sports-bookFri, 24 Jun 2011 09:00:00 +0000Legal sports betting in the United States spent most of the twentieth century in a single state, and even there it spent decades as a business the casinos did not want in their buildings.https://randronsports.com/the-parlay-and-its-arithmetichttps://randronsports.com/the-parlay-and-its-arithmeticThu, 02 Jun 2011 09:00:00 +0000A parlay joins several selections into one wager that requires all of them. The appeal is the payout, which grows quickly, and the difficulty is that the probability shrinks just as quickly.https://randronsports.com/an-old-saying-about-the-long-runhttps://randronsports.com/an-old-saying-about-the-long-runThu, 12 May 2011 09:00:00 +0000Every entry on this weblog about percentages is, in the end, a longer version of that line.https://randronsports.com/house-edge-and-hold-are-not-the-same-numberhttps://randronsports.com/house-edge-and-hold-are-not-the-same-numberSat, 30 Apr 2011 09:00:00 +0000Two percentages get quoted about a casino game and they measure different things. House edge is the share of each wager the house expects to keep. Hold is the share of the money brought to the table t