Joined: Feb 17, 2012
• Posts: 370
March 22nd, 2012 at 1:19:51 AM permalink
I was itching to play some craps the other night so I went to Suncoast.

There were no \$3 tables active. I asked the boxman what was up and he said they only run \$3 tables on the "day shift" now.

Bummer.

Joined: Feb 21, 2012
• Posts: 786
March 22nd, 2012 at 2:18:45 AM permalink
It is hard to find \$3 craps. I was at El Cortez last night and they had \$3 10x craps. I believe Boulder Station does too. The last time I was in Sam's Town, which was probably close to a year ago, they had \$3 20x.
Triplell
Joined: Aug 13, 2010
• Posts: 342
March 22nd, 2012 at 7:19:12 AM permalink

It is hard to find \$3 craps. I was at El Cortez last night and they had \$3 10x craps. I believe Boulder Station does too. The last time I was in Sam's Town, which was probably close to a year ago, they had \$3 20x.

What's the difference between \$3 craps and \$5 craps? You're talking about a difference in +EV of about 0.02 per bet resolved...
Wizard
Joined: Oct 14, 2009
• Posts: 16341
March 22nd, 2012 at 7:29:26 AM permalink
Quote: Triplell

What's the difference between \$3 craps and \$5 craps? You're talking about a difference in +EV of about 0.02 per bet resolved...

For some people \$5 is a large bet. My first Vegas trip I was nervous about betting \$1.
It's not whether you win or lose; it's whether or not you had a good bet.
FleaStiff
Joined: Oct 19, 2009
• Posts: 10958
March 22nd, 2012 at 8:24:23 AM permalink
Quote: Triplell

What's the difference between \$3 craps and \$5 craps?

You take the number of rolls per hour and multiply by two dollars. Probably going to be lower tips, cheaper meals and cheaper women as well.
teddys
Joined: Nov 14, 2009
• Posts: 5431
March 22nd, 2012 at 8:48:49 AM permalink
Adds up, as anyone who visits this site a lot knows. Law of large numbers, or something like that. On a table making constant pass/come bets, that's a savings of \$2.82 in -E.V. per hour. Over the course of a long trip to Las Vegas, say 40 hours of craps, you will save \$112.80 in losses. Over a year, 4 trips a year, \$451.20. For someone who plays a lot, or is a local, that is a significant difference.

I'm surprised about the Suncoast. Last time I went there I played for hours, making constant \$3 come bets with max odds. Rampart next door is always \$5 with 100x odds. I don't know how much Red Rock is. Best place for craps is the Boulder Strip. You can ALWAYS find a \$3/20x game at Sam's Town, a \$3/10x game at Boulder Station, and a \$1/10x game at Joker's Wild, even on nights and weekends. (Pretty sure Fiesta Hendo. is always \$3/10x too but might have to ask Dan Lubin about that. Nice place to play.)

Hooray for cheap gambling!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
thecesspit
Joined: Apr 19, 2010
• Posts: 5936
March 22nd, 2012 at 8:55:33 AM permalink
More over at \$5 with double odds and a couple of come bets, you can have \$45 on the table. \$3 would be \$27. And while the actual cost is about 6c, you are also exposed to less variance. With a smaller bank roll, you might not be as comfortable with the swings (well the downward swings).

If you are \$3 bettor with x10 odds, I don't see much difference between that and playing \$5 with x5 odds, but I might be missing something.
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
teddys
Joined: Nov 14, 2009
• Posts: 5431
March 22nd, 2012 at 9:00:46 AM permalink
Quote: thecesspit

If you are \$3 bettor with x10 odds, I don't see much difference between that and playing \$5 with x5 odds, but I might be missing something.

Very little difference (see above), but what I like about higher odds multiples is it gives me more flexibility. At a \$5 3x4x5x table, with my bankroll I'm at max odds right away and I can expect a lot of variance (usually bad). At a \$3 10x table, I can start off with \$15 odds, and press to \$20, then \$30 on a hot roll. That doesn't affect my expected loss, whereas on a 3x4x5x table I'd have to increase my flat bet. I don't like to spread to more than 3 points (trying to be more conservative).
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4