11x points on craps
Quote: RonDiazMy local casino is having an 11x points on craps promo on July 11. I am just wondering what that might do to the HA. I don't know what they give for craps but I do know on slots it is .16% back in food or freeplay.
I'm guessing you are referring to the Comp points being multiplied by 11, rather than the game's free odds being increased to 11x. It's probably not as straightforward as the .16% on slots, since tables are a little more at the whim of the boss in the table games pit. It is not uncommon for casinos to give you 3x, 5x, 10x, or even more on specific days. The only time I feel it might be actually giving a solid advantage is when you can get it to around 20x, but again, it depends on the generosity of the casino under normal circumstances. You'd also have to consider whether they will give you freeplay or cash for table games' play. A lot of places will only give you the monetary value on the slots.
Good luck!
Quote: RonDiazRight the comp points, they have 20x odds every day. My bankroll comes nowhere close to affording anything close to 20x odds anyways so I don't have to worry about that.
Okay then, as long as you fully understand the difference between earning a casino's "comp points" at a certain rate and playing the game with a certain Nx odds-bet availability I guess all the rules remain the same.
The primary rule is Do Not Do Anything Just For Comp Points. Be aware of comp points, and the distinction between base points and bonus points. Be aware of earning and using them versus earning and losing them. If fifteen more minutes at the table will get you a free meal or a free cap or a free coffee cup, that's fine, just remember that "free" cap or "free" tee-shirt can cost you a very large amount of money. If going on a day they offer some special deal on comp points suits you, fine. Just don't let all the hoopla about bonus points let you lose sight of the fact that you are wagering your money and its real dollars not points that you are interested in.
The primary rule on the Free Odds Bet is that whatever your bankroll is, the theoretically perfect play is make a flat bet that will allow you to put as much of your wagered-money as possible on the Free Odds bet. If they offer 100x odds, don't get lured into making a larger bet than that which you are comfortable with. If they offer 20x odds, don't get lured into making a larger bet than that which you are comfortable with. If they offer only a measly 2x odds, don't get lured into making a larger bet than that which you are comfortable with.
Quote: FleaStiffOkay then, as long as you fully understand the difference between earning a casino's "comp points" at a certain rate and playing the game with a certain Nx odds-bet availability I guess all the rules remain the same.
The primary rule is Do Not Do Anything Just For Comp Points. Be aware of comp points, and the distinction between base points and bonus points. Be aware of earning and using them versus earning and losing them. If fifteen more minutes at the table will get you a free meal or a free cap or a free coffee cup, that's fine, just remember that "free" cap or "free" tee-shirt can cost you a very large amount of money. If going on a day they offer some special deal on comp points suits you, fine. Just don't let all the hoopla about bonus points let you lose sight of the fact that you are wagering your money and its real dollars not points that you are interested in.
The primary rule on the Free Odds Bet is that whatever your bankroll is, the theoretically perfect play is make a flat bet that will allow you to put as much of your wagered-money as possible on the Free Odds bet. If they offer 100x odds, don't get lured into making a larger bet than that which you are comfortable with. If they offer 20x odds, don't get lured into making a larger bet than that which you are comfortable with. If they offer only a measly 2x odds, don't get lured into making a larger bet than that which you are comfortable with.
The only thing I'd say is sometimes there is "the exception that proves the rule" about not playing for comp points. Sometime you CAN turn a negative expectation into a positive when there are special bonus comps available. For example, if you are playing a 99.5% Return Video Poker game, and they are having 10x cash back, and the usual cashback is .2% of your bet, you can turn the game into an advantage play. These situations are rare and you'd better be sure you are doing the math correctly! Special giveaways like scratch cards for certain bets (see my first ever post on here when we cleaned up at Caesars in AC) can also turn negative to positive.
(-7 / 495) / [ 1 + ((5x + 4y + 3z) / 18) ]
(x,y,z)=(0,0,0) would be no free odds so it decays to (-7 / 495) = -1.4%
(x,y,z)=(3,4,5) is Vegas strip standard maximum
-1.414% no free odds
-0.398% 3,4,5 odds
-0.184% 10x odds
-0.170% 11x odds
-0.099% 20x odds
-0.021% 100x odds
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If the 11x is good at all games, you might have a better shot with blackjack or video poker.
Quote: teddysIt won't be enough to buck the house edge. In my experience, craps is rated very low in terms of points, unless you have a pit boss who counts the odds. If he does, maybe you could get to the break-even point or better. Otherwise, 1.4% is too hard to overcome.
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If the 11x is good at all games, you might have a better shot with blackjack or video poker.
Craps and pennies only on this promo. Also the VP all stinks now, they did have full pay Pick'em poker for a long time but pillaged those paytables a few months back.
