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Craps Question

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  1. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 4:31am)

    So the casino here outside of Chicago has 100x odds on Pass Line bets.

    The only time I've played was in Vegas where they had 3x - 5x rules on the pass line bets.

    Should this alter your strategy in anyway? I'm assuming you should smash your odds when the point is a 6 or 8, but please correct me if my logic is flawed?

    Any insight or observations would be greatly appreciated
    Edited By: UCBananaboy Nov 14th, 2011 at 04:31 AM
  2. runninbad runninbad is offline

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    Nov 14th, 2011 (11/14/2011 4:38am) in reply to UCBananaboy

    Shouldn't alter your strategy at all. It's a break even bet no matter what the point is. Only bet as much as you can afford to win.
  3. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 4:40am) in reply to runninbad

    How common is this?

    I'm a bit surprised because if any place had bigger odds or gave you the chance to bet more $, I would think it is Vegas, but apparently not.
    Thread Starter
  4. satchmo satchmo is offline

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    Nov 14th, 2011 (11/14/2011 4:42am) in reply to UCBananaboy

    casino royale?
  5. tyballs11 tyballs11 is offline

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    Nov 14th, 2011 (11/14/2011 4:46am) in reply to satchmo

    100x is pretty hard to find, this is the best bet you can make (other than poker) in a casino, pretty much what runninbad said
  6. watson5j watson5j is offline

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    Nov 14th, 2011 (11/14/2011 4:46am) in reply to runninbad

     
    Originally Posted by runninbad View Post

    Only bet as much as you can afford to win.

  7. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 4:47am) in reply to watson5j

    So it doesn't matter what point is established because they pay out different odds right?

    i.e. - Betting $500 odds on a 6 is less 'risky' but has lower payoff than betting $500 when the point is 4.
    Thread Starter
  8. LVpokerdealer LVpokerdealer is offline

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    Nov 14th, 2011 (11/14/2011 4:47am) in reply to UCBananaboy

    100x is the best bet you can ever get .....expensive though, lol
  9. P0KERDUUDE P0KERDUUDE is offline

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    Nov 14th, 2011 (11/14/2011 4:49am) in reply to LVpokerdealer

    u always wanna bet max odds on the pass line i believe. buy 6 and 8 too
     
  10. rocket5 rocket5 is offline

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    Nov 14th, 2011 (11/14/2011 4:51am) in reply to P0KERDUUDE

    lol. if it is a 6 or 8 just dooooo ittttt. you can do itttttttt. line away pay the don'ts. oops.
  11. SaulGood SaulGood is offline SPAGETT

    Las Vegas, NV
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    Nov 14th, 2011 (11/14/2011 4:53am) in reply to rocket5

    the "odds" are exactly the same on your pass line odds no matter what the point is. they are all the exact probability of that number rolling
     
  12. rocket5 rocket5 is offline

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    Nov 14th, 2011 (11/14/2011 4:55am) in reply to SaulGood

     
    Originally Posted by SaulGood View Post

    the "odds" are exactly the same on your pass line odds no matter what the point is. they are all the exact probability of that number rolling

    Right but some casino's let you bet 5 times and some casino's let you bet 100 times.
  13. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 1:30pm) in reply to rocket5

    Can't tell who's sarcastic and who is serious :(
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  14. Niceguy Niceguy is offline I will find you.

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    Nov 14th, 2011 (11/14/2011 2:00pm) in reply to UCBananaboy

    Near-sightedly you should take max on 6 and 8. However if you're actually smart and understand odds, you would take max odds regardless of the point. At 100x, the casino has almost a literal 0% edge over you. If you are playing with the thought that, ooooo a 6 or 8 let me max now! while not taking max on 4s,5s,9s,10s, you are going to get crushed.
  15. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 2:09pm) in reply to Niceguy

    Can someone comment on how uncommon this is for a casino to allow these odds?
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  16. raisethis2 raisethis2 is offline

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    Nov 14th, 2011 (11/14/2011 2:13pm) in reply to UCBananaboy

    As I understand it taking max odds (@ 100 X ) on any point narrows the casino edge to nothing. Why would they do it then? To generate interest by other, hoping they join in and they still having a shot at winning the money put on the table by you.
  17. Phi Phi is offline aka tennisee

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    Nov 14th, 2011 (11/14/2011 2:20pm) in reply to raisethis2

    Casino Royale on the strip between Venetian and Harrahs offers 100x odds on craps.
  18. Xmas32 Xmas32 is offline

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    Nov 14th, 2011 (11/14/2011 2:23pm) in reply to UCBananaboy

     
    Originally Posted by UCBananaboy View Post

    Can someone comment on how uncommon this is for a casino to allow these odds?

    It's fairly uncommon. The only casinos I'm familiar with having 100x odds are Horseshoe casinos, although I'm sure there are others.
  19. Niceguy Niceguy is offline I will find you.

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    Nov 14th, 2011 (11/14/2011 2:24pm) in reply to UCBananaboy

     
    Originally Posted by UCBananaboy View Post

    Can someone comment on how uncommon this is for a casino to allow these odds?

    It's uncommon.

    Vegas has 3-5x typically, locals casinos have 10x. 100x is a rarity and would be the go to place to play for serious players.
  20. P0KERDUUDE P0KERDUUDE is offline

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    Nov 14th, 2011 (11/14/2011 2:45pm) in reply to Niceguy

    The stratosphere offers 100x I believe
     
  21. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 4:32pm) in reply to P0KERDUUDE

    Thanks guys
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  22. ApesAreFun ApesAreFun is offline Moderator/Euro Donk

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    Nov 14th, 2011 (11/14/2011 6:50pm) in reply to UCBananaboy

    PM princesa on how to beat the game....
     906 
  23. shanetrain22 shanetrain22 is offline

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    Nov 14th, 2011 (11/14/2011 6:57pm) in reply to ApesAreFun

     
    Originally Posted by ApesAreFun View Post

    PM deoxyribo on how to beat the game....

    fyp
     1
  24. Blackout4 Blackout4 is offline

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    Nov 14th, 2011 (11/14/2011 7:52pm) in reply to shanetrain22

    I believe you are talking about the Horseshoe, I was playing craps there on Friday night and noticed they offer 100x odds, I was quite surprised to see that, so surprised I stuck to my 3-5x bets.....To answer your question, I think it's extremely uncommon for a casino to offer 100x odds
     
  25. UCBananaboy UCBananaboy is offline

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    Nov 14th, 2011 (11/14/2011 9:09pm) in reply to Blackout4

    Def the Horseshoe. I play poker there several times a month. Obv love dice too
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  26. breathe-ez breathe-ez is offline

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    Nov 14th, 2011 (11/14/2011 10:47pm) in reply to Niceguy

     
    Originally Posted by Niceguy View Post

    Near-sightedly you should take max on 6 and 8. However if you're actually smart and understand odds, you would take max odds regardless of the point. At 100x, the casino has almost a literal 0% edge over you. If you are playing with the thought that, ooooo a 6 or 8 let me max now! while not taking max on 4s,5s,9s,10s, you are going to get crushed.

    you are correct in your assessment, but you could go broke in the process quite easily at 100x odds.
  27. Movetime99 Movetime99 is offline

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    Nov 14th, 2011 (11/14/2011 11:31pm) in reply to breathe-ez

    The odds are the best bet you can make. If you can afford to take 100x odds I would do it. Craps is a fast game so you will win or lose you money quickly especially playing 100x odds. There is no one number that is better to get odds on than another because the bigger payouts make up for the the harder numbers to hit.

    On a 6 or 8 the odds pay 6-5 so for those that do not understand that every $5 you bet you will win $6.
    there are 6 total combinations of the dice to roll a 7 (the number you will lose to) 1-6, 6-1, 2-5, 5-2, 3-4, and 4-3. There are 5 total ways to roll a 6 1-5, 5-1, 2-4, 4-2, and 3-3. So assuming you are playing just the 6 there are 5 ways win and and 6 ways to lose.

    on the 5 and 9 there are 4 ways to roll each number and 6 ways to roll 7 (still it doesn't change) hence the odds paying 3-2 so for every $10 you bet on the 5 and 9 you will win $15. Only thing about these two numbers is that you need to keep your odds even or you are giving money away not a lot but still the casino already has the edge on this game there is no reason to give them your money for nothing.

    Example you put $15 on the odds a 5 and a winner is rolled you are supposed to be paid $22.50 since the tables do not care quarters or 50 cent pieces you are only paid $22 dollars.

    4 and 10 there are 3 ways to roll either number so the pay 6-3 or 2-1 so no matter what you bet when the point is 4 or 10 you will be paid double if a winner is rolled.

    What do I know I only deal this game for a living tho...
  28. satchmo satchmo is offline

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    Nov 15th, 2011 (11/15/2011 12:05am) in reply to Movetime99

     
    Originally Posted by Movetime99 View Post

    What do I know I only deal this game for a living tho...

    there are PLENTY of dealers in vegas that have no idea. . .

    last time i spoke up was when a dealer at the wynn told a player that the house has an edge on odds bets. his response to me was that he had been doing that job for 30 years and gave me a funny look.
  29. runninbad runninbad is offline

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    Nov 15th, 2011 (11/15/2011 12:17am) in reply to satchmo

     
    Originally Posted by satchmo View Post

    there are PLENTY of dealers in vegas that have no idea. . .

    QFT

    My wife's been a craps dealer for 25 years and she has no clue what the house edge is nor does she care. She also teaches craps to break-in dealers so apparently you don't need to know the %'s to be a good dealer.
  30. MyJobisYou MyJobisYou is offline Banned Scammer

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    Nov 15th, 2011 (11/15/2011 12:23am) in reply to runninbad

    Question: Was playing the other night where I normally play, shift change and two dealers I've never seen before step in. I place a 9$ 3way crap (3$ on the 2/3/12) shooter rolls a 3 and I get paid like 13$ which I swear is not right... I was a little drunk but can someone clear this up for me what I shoulda got paid and such? I don't normally bet like this but was fucking around because it was hitting. Also.. when the 3 rolled, my 9$ should stay up right? I wanted to press another 3$ for 12$ total but this dude was fucking me up so I left after this.
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