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Don't Pass but Play Numbers Too
| June 8th, 2010 at 4:34:58 PM permalink | |
| IAchance5 Member since: May 28, 2010 Threads: 27 Posts: 65 | Hey guys, what do you think about betting the don't pass line with odds, but also playing the 5,6,8 and 9? I noticed while observing some craps tables over the weekend, that before the dice "crap out", shooters rolled about 3-4 numbers (other than the point). Do you think by playing some numbers alone with the don't pass, it would minimize the expected loss? |
| June 8th, 2010 at 4:49:45 PM permalink | |
| konceptum Member since: Mar 25, 2010 Threads: 25 Posts: 558 | I had thought about this at one point, as a way to play minimal amounts of money. The idea would be a $5 Don't Pass, and should a 4,5,9,10 be the point, lay double odds on the number. That would be either $15 or $20. Then you can Place the 6 and 8 for $6 each. Total layout would be $32 or $37. And, the 3 most common numbers (6,7,8) would be working for you. Naturally, if there's a 7-out before you roll any of your Place numbers, you lose those, but since your payout on the Don't Pass would be $15 dollars, you essentially make $3. The downside of course is the same whenever you play the Don't Pass, which is that the 7 or 11 on the comeout results in a loss. Plus the possible stigma associated with playing the Don't from other players at the table. EDIT: If the point is 6 or 8, then you can still lay double odds, and then play either $6 or $12 on the other number. Or, I suppose, $6 on the other, and $5 on either the 5 or 9. Whatever. |
| June 8th, 2010 at 4:53:26 PM permalink | |
| DJTeddyBear Member since: Nov 2, 2009 Threads: 105 Posts: 5699 | As long as you're not also betting the point, it's a reasonable strategy. If you're also placing the point, that's Hedging, and that violates one of the Wiz' 10 Commandments. Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood? |
| June 8th, 2010 at 5:35:09 PM permalink | |
| 7winner Member since: May 31, 2010 Threads: 9 Posts: 198 |
I'm not picking on you, just setting the record straight. I think the proper term is to say "Seven Out". In my 30 years of dice dealing this is the most common craps term mistake made at a craps table. To "Crap Out" means a shooter rolling a 2,3 or 12 on a come out roll causing ALL pass line wagers to lose. When a shooter rolls a 7 and loses the dice it is called a "7 out".
great math question! or a good wincraps simulation for member goatcabin to run. You are now betting more, making more bets that have a house advantage. Common thinking would be that your expected loss would increase. 25% of the time when you place the inside numbers you win none of them before you "seven out" and lose all of them. 44% of all inside place bets go down after winning either none or just one. time for a good simulation run good luck 7 winner chicken dinner! |
| June 8th, 2010 at 5:45:58 PM permalink | |
| IAchance5 Member since: May 28, 2010 Threads: 27 Posts: 65 |
Well, I would also take down the place numbers that win. (i.e. If I put $6 on the 8 and it is rolled, then I would take my $7 win and also my $6 bet) |
| June 8th, 2010 at 9:08:37 PM permalink | |
| seattledice Member since: Dec 3, 2009 Threads: 14 Posts: 142 | I don't mean to be a downer, but don't forget the worst case scenarios where you lose all of your bets. You could get a series of points 4,5,9,10, and the shooter keeps hitting those until you A) run out of money; B) get tired of losing and quit betting the don't; C) switch to the passline. And of course, the next result is a 7 out. There's always a perfect betting strategy for every sequence of rolls. The trouble is you don't know it until it is over. If you're lucky you got it right and won some money, but you HAVE to be comfortable with the prospect that you got it exactly wrong -- I know this is an major aspect of gambling that is sometimes overlooked, especially be overly exuberant gamblers. Often strategies like this force people to put more money on the table than they normally would with the thought that they are "protecting" or "minimizing" and then suddenly, there are no more chips in front of them and they haven't even got to shoot yet and waitress has not come back with that beer ... and yes - there is tomorrow's gambling budget, so why not use a hundred or two of that, after all the strategy has to work eventually -- it can't always turn out wrong, can it? (Yes, I have gone through that thought process a number of times :-) By the way, if I KNEW the situation would be as originally described - hitting 3-4 numbers before the 7-out - I think I would go with placing the numbers and making repeating don't come bets so that I win when the number first hits (take down the place bet) and then win again on the 7!! |
| June 9th, 2010 at 5:30:18 AM permalink | |
| IAchance5 Member since: May 28, 2010 Threads: 27 Posts: 65 |
If the shooter keeps hitting points, then all I would lose is my don't pass bets, I would not lose any place bets. Also, if the shooter 7's out, I would lose my place bets but win on my don't pass. Is it more probability that a shooter will hit a number or two before a 7 out? If so, then it seems like this would minimize the expected loss in the long run, right? |
| June 9th, 2010 at 6:32:02 AM permalink | |
| dwheatley Member since: Nov 16, 2009 Threads: 10 Posts: 547 | The series of bets doesn't minimize expected loss, your expected loss is just the sum of the expectations of each of the bets. Instead, you are 'minimizing' variance, which is actually a bad thing. You gamble with a negative expectation because you are trading it for higher variance (which is actually good) and the chance to win some money. If you gamble with a negative expectation and no variance you just lose money. Of course, if your goal is to get some comps, get some free beer, watch the pretty people and make some temporary friends in exchange for knowing you will lose a small amount of money, then you DO have a good strategy. Wisdom is the quality that keeps you out of situations where you would otherwise need it |
| June 9th, 2010 at 6:42:47 AM permalink | |
| konceptum Member since: Mar 25, 2010 Threads: 25 Posts: 558 | What if you played the Don't Pass with the Iron Cross? Theoretically, after the comeout roll, every number would be working for you. If you played the Iron Cross with $6 on the 6 and 8, $5 on the 5 and Field, I'm sure you could figure out how to work the Don't Pass with Odds to cover this bet should the 7-out come immediately. |
| June 9th, 2010 at 7:35:36 PM permalink | |
| IAchance5 Member since: May 28, 2010 Threads: 27 Posts: 65 | I just got back from the casino betting the $5 don't pass, taking minimum odds, and betting 6 and 8 as well.....I doubled my money....I'm not saying that it will work everytime, but so far, betting the 6, 7, and 8 are paying off.... |
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