howesmr
Joined: Jul 12, 2015
• Posts: 6
July 12th, 2015 at 3:27:30 PM permalink
Just checked in at the Wynn to meet up with a craps friend and discovered they just changed the Craps Odds to 2x. I wasn't thrilled with the 3/4/5 but that is the price of playing with the big boys. For full odds and double Come with full odds bettor this could be expensive. Raises the edge from .374 to .572. If my math is right and it probably isn't that increases the cost of a \$100 average bettor from \$15.71/hr to \$24.02/hr.

Looks like this is my last visit unless they fix it.
beachbumbabs
Joined: May 21, 2013
• Posts: 9045
July 12th, 2015 at 3:29:24 PM permalink
Quote: howesmr

Just checked in at the Wynn to meet up with a craps friend and discovered they just changed the Craps Odds to 2x. I wasn't thrilled with the 3/4/5 but that is the price of playing with the big boys. For full odds and double Come with full odds bettor this could be expensive. Raises the edge from .374 to .572. If my math is right and it probably isn't that increases the cost of a \$100 average bettor from \$15.71/hr to \$24.02/hr.

Looks like this is my last visit unless they fix it.

Saw elsewhere on the board they said there's still one table at Wynn w/ 3x4x5x with \$100 minimum. This just came up earlier today, so perhaps if you look around it's there?
"If the house lost every hand, they wouldn't deal the game."
MathExtremist
Joined: Aug 31, 2010
• Posts: 6526
July 12th, 2015 at 3:55:02 PM permalink
Quote: howesmr

If my math is right and it probably isn't that increases the cost of a \$100 average bettor from \$15.71/hr to \$24.02/hr.

Does the Wynn rate odds play? The cost of playing \$100 pass bets is about \$50/hour regardless of odds. If you get a \$100 rating from green action with full odds, that costs less.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
mustangsally
Joined: Mar 29, 2011
• Posts: 1997
July 12th, 2015 at 4:16:33 PM permalink
Quote: howesmr

Just checked in at the Wynn to meet up with a craps friend and discovered they just changed the Craps Odds to 2x. I wasn't thrilled with the 3/4/5 but that is the price of playing with the big boys.

what is a *big boy* at craps?
is it the SIZE of their butt?

yuck! if true
stay away!!

i have played craps all over the world and have never heard this term B4
"playing with the big boys"

Quote: howesmr

For full odds and double Come with full odds bettor this could be expensive.

really?
Quote: howesmr

Raises the edge from .374 to .572.

you are now talking about the combined edge
Quote: howesmr

If my math is right and it probably isn't

you say
Quote: howesmr

that increases the cost of a \$100 average bettor from \$15.71/hr to \$24.02/hr.

there is no cost increase if you mean expected loss

\$100 with 0 odds
\$100 with 1X odds
\$100 with 2X odds
\$100 with 3X odds
all have the same expected loss

that = -7/495 * \$FlatBet * #BetsMade

say it isn't so!
i mean both LA baseball teams are now in 1st place
my Angels were under last night but came over today!
Yahoo!!
I Heart Vi Hart
howesmr
Joined: Jul 12, 2015
• Posts: 6
July 12th, 2015 at 4:43:41 PM permalink
I simply meant the larger premium casinos. They have to pay for the room some how. I basically have played enough to get free rooms at the Wynn. I prefer Reno and the Comp system at GSR, I seem to do very well there in play and rewards. If I wasn't with my wife i would like frequent more downtown in Vegas.

I was just upset at the change from 3/4/5 to 2x and thought I would pass that along.

My team is the Red Sox and they are certainly not 1st unless you are looking at the standings upside down.
RonC
Joined: Jan 18, 2010
• Posts: 4063
July 12th, 2015 at 4:57:32 PM permalink
2x Odds? Really?

I won't ever play craps there; likely, I've made my only visit to their empire.
Mooseton
Joined: Sep 6, 2010
• Posts: 503
July 12th, 2015 at 7:48:04 PM permalink
So the house edge goes up just barely but wouldn't that most likely just offset the fact that they're limiting RoR by helping pass line players not over bet their bankrolls and go busto?
\$1700, 18, 19, 1920, 40, 60,... :/ Thx 'Do it again'. I'll try
RS
Joined: Feb 11, 2014
• Posts: 5342
July 12th, 2015 at 7:57:04 PM permalink
The odds bet does not change the house edge.

I can't believe the Wynn would switch to 2x odds. Unfortunate.

In other news, I recently noticed they added 6:5 BJ. I remember not long ago still thinking at least the Wynn doesn't offer 6:5.
"should of played 'Go Fish' today ya peasant" -typoontrav
mustangsally
Joined: Mar 29, 2011
• Posts: 1997
July 12th, 2015 at 9:29:19 PM permalink
Quote: Mooseton

but wouldn't that most likely just offset the fact that they're limiting RoR by helping pass line players not over bet their bankrolls and go busto?

no i do not think that is a fact under all conditions
this is a myth for pass line bets, imo

here is some data (simulated except for the no odds values)
object is to increase the start unit bankroll (1X, 2x or 3x)
values are bust %s
green = better (lower bust %)

those with the 10 units (like \$10 flat bets and \$100 buy-in)
and 2x odds do better than 345x odds it appears in doubling to at least 20 units
i mean duh, over bet = true

but for other values of bank units
345x still has the lower busto %s

who would have thought!
I Heart Vi Hart
helpmespock
Joined: Mar 6, 2010