💰 Ask the Wizard # - Wizard of Odds

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Home › ask the wizard › Ask the Wizard # Normally, the house edge under Palace Station rules (double deck, dealer hits soft Is this available in Vegas?


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Rick from Poway. This seems outrageous to me. This is in effect double taxation as the earned income that Mr. However, some, including me, would argue that ultimately it is the employee who pays both. However, as a former government actuary for eight years, I know a thing or two about taxes. Featured Games. Here is the answer for 1 to 20 dice. Sign Up. I assume the 4. The income up to that point is taxed much less. Don from New York. So, you might want to include 7 to 5 in your rules variations. Buffet is paying too much in taxes. This rule bumps that up to 0. Enter your email address below to subscribe to our weekly newsletter along with other special announcements from The Wizard of Odds! I am very certain that Mr. Normally, the house edge under Palace Station rules double deck, dealer hits soft 17, double after split, re-split aces is 0. Second, those taxes apply to wages, not capital gains, as he defines most of his income to be. I suppose if you did not comply, and were caught, they might make you get off at the next port, and not let you get back on. Joe from Nashville. Normally I would say this is out of my area. Non-Distinct Dice Combinations Dice Combinations 1 6 2 21 3 56 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Credit to Alan Tucker, author of Applied Combinatorics. That has actually happened to me. Can you comment? The following table shows the increase in house advantage due to this rule. Put bets are generally allowed in Nevada, and generally not allowed in Atlantic City. Under this assumption, you were actually making put bets, which you can do at any time, at any casino that allows them. In , the Social Security tax was 6. Don't show this again.{/INSERTKEYS}{/PARAGRAPH} In the interests of fairness, I present the following argument that Mr. The Wizard of Odds Search. Sign Up Enter your email address to receive our newsletter and other special announcements. Share this. Similar to many of your gambling fallacies. The Medicare tax rate was 1. All rights reserved. They may just be testing the idea out, but it could catch on, just like 6 to 5 did. More Info Got It! That is only All my assumptions like her income, filing status, and not itemizing worked against her, or for a higher tax rate. Update: Shortly after this column appeared I received the following response. As stated, the dice are non-distinct, so with five dice, for example, and would be considered the same roll. Privacy Policy. Best Regards, Kevin A. Is this available in Vegas? I was disappointed in your answer, which does not correct the misinformation that implies that Mr Buffet pays less tax than his secretary. Like it or not, the tax laws allow it. My advice is to start over with new come bets. So, her combined Social Security and Medicare tax would have been 6. Ask the Wizard I was in Palace Station the other day and saw they had a few 7 to 5 double deck tables now. Buffet paid millions of dollars in taxes in the same year that his secretary paid thousands of dollars. The employer pays the other half. How many ways are there to roll n six-sided, non-distinct dice? So, that is my best guess as to the math behind Mr. Enter your email address to receive our newsletter and other special announcements. Second, one should not look at the percentage. Once could just as easily say "I heard that Warren Buffet paid 1,, times more taxes than his secretary, that is outrageous! After the pass line point won, the come out was a seven so I expected to lose my come bets and have my odds returned to me. The Wizard of Odds. Playing craps at Barona casino I had three come bets working with odds. Signage on my last cruise indicated they will do that if they catch you with illegal drugs. Comparing apples to oranges work income vs investment income. {PARAGRAPH}{INSERTKEYS}Thanks, that is duly noted.