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Craps Bankroll
| December 25th, 2010 at 2:13:43 AM permalink | |
| omerh Member since: Dec 25, 2010 Threads: 1 Posts: 1 | As we all know a proper bankroll is needed to play any game. Well I'm new to craps and wanted to know if I plan to play for say a hour, betting $5 on pass and taking 5x odds what is a realistic beginning bankroll? |
| December 25th, 2010 at 5:39:57 AM permalink | |
| AZDuffman Member since: Nov 2, 2009 Threads: 153 Posts: 2912 |
Lets work it out. The house wants about 60 rolls per hour. 10 of those will be come-out rolls. You will lose one of those come-outs and win 2 on some very, very rough math. But I would say you need $20 just for that. The remaining 50 will be regular rolls with $30 at risk each time. 8 or so 7's will come up there and you will lose, so you will need $240 more. The other rolls you will win with various points. This will cover a fair amount of your losses. But you can't count on where or when. Given all that I would take $300 with you. "The Roman Empire wasn't planned, but neither did it 'just happen.'" |
| December 25th, 2010 at 6:11:31 AM permalink | |
| odiousgambit Member since: Nov 9, 2009 Threads: 174 Posts: 2414 | 10 times your average bet when putting up free odds seems to work for me. So I also come up with about $300, taking a little more since most of us get too bored and place the 6/8 or start a come bet and put odds on that too while waiting for the passline bet to resolve. "Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." Mark Twain |
| December 25th, 2010 at 7:05:59 AM permalink | |
| FleaStiff Member since: Oct 19, 2009 Threads: 75 Posts: 4827 | I guess you could take the formal charts that show how many units you need and extrapolate from them. Those charts are usually presented at your having a 90 percent chance of avoiding having normal variance deplete your entire bankroll. Such charts usually relate only to PassLine bets. If you 5x odds you will need more, if you do ANY place betting you will need more... plus the charts assume perfect play by you and by the dealers with no tips to waitresses or dealers. If you adjust the charts away from "mathematical play" to "real world play" ... I think that a 350.00 Buy in works out for the type of betting you want to do. So I would say 300 to 350 buy in would be just about right. If you are lucky with those first few bets... so much the better. If you get carried away and start making bets that have more than 1.414 house edge, then you may erode your cushion of safety a bit. |
| December 25th, 2010 at 7:23:10 AM permalink | |
| RonC Member since: Jan 18, 2010 Threads: 9 Posts: 371 |
I think $300 will work very well. If you are only making that one bet, you could probably get an hour of play out of $200 or less. I usually have a pass/odds and two come/odds bets pretty much as often as they can be placed and have played for hours on $200-$400. Of course, it can also be wiped out fairly quickly if the dice don't fall for you at least part of the time. |
| December 25th, 2010 at 7:30:40 AM permalink | |
| odiousgambit Member since: Nov 9, 2009 Threads: 174 Posts: 2414 |
what charts are those? "Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." Mark Twain |
| December 25th, 2010 at 7:39:26 AM permalink | |
| DeMango Member since: Feb 2, 2010 Threads: 11 Posts: 318 | There is a poster here, plays central MS, bets $5 plus $30 odds only. His reccomendation is $700. Hopefully he will chime in. |
| December 25th, 2010 at 10:16:16 AM permalink | |
| FleaStiff Member since: Oct 19, 2009 Threads: 75 Posts: 4827 | I was referring to the How Much To Bet section of VegasClick wherein various games are listed and the minimum buyin for them is shown. These charts are based on pure Basic Strategy and are based on certain rates of play that may not be precisely valid but are probably reasonable estimates. Rates of play vary by geography and by type of casino. I'm sure the figure is very high at South Point and probably very much lower at some locals casino wherein some of the games might be there solely to meet minimum license requirements. |
| December 25th, 2010 at 10:37:12 AM permalink | |
| 7winner Member since: May 31, 2010 Threads: 9 Posts: 198 |
I also agree with the 10 times average bet for a starting bankroll. Here is a handy table to work with just figuring the pass line and any odds. formula = ($ pass line bet*(1/3))+(total pass+odds*(2/3)) And pass line decisions per rolls. (or # come out rolls per rolls if you wish) I have seen hours at the craps table between 60 rolls per hour - a hot table, to over 120 rolls per hour, not so hot table. formula = rolls*165/557 (or rolls/(557/165)) 7 winner chicken dinner! |
| December 25th, 2010 at 11:59:03 AM permalink | |
| 7winner Member since: May 31, 2010 Threads: 9 Posts: 198 |
Also, what you can expect from an hours worth of play at 30 and 20 decisions. the sd (standard deviation number) shows how large of bankroll swings you can expect. $5 pass with 5x odds 10,000 session simulations The 'go broke' bust rate shows the longer you play the greater chance of losing your $300 bankroll with 5/25 bets. You do know about making the $25 odds bet on the 5 and 9 $26. Odd point numbers ALWAYS bet even $. Good Luck to you at the Craps table! 7 winner chicken dinner! |
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