vinman88
vinman88
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June 9th, 2012 at 7:55:34 PM permalink
Why do some casinos offer $3000 odds on a $600 wager and some offer $4000 odds on the same $600 wager for the 5 or 9? Also, what is the house % difference for $1000 odds they are/are not offering?
QuadDeuces
QuadDeuces
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June 10th, 2012 at 12:25:23 AM permalink
What you say?
ewjones080
ewjones080
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June 10th, 2012 at 3:47:49 AM permalink
My guess is it's because it's easier to pay $6000 if it wins rather than $4,500. The house still gains 1.41% of $600 either way, the odds really make no difference to their bottom line. Except maybe that they have to pay a few more dealer hours since you could theoretically stay at the table longer for the $4000 in odds.
Doc
Doc
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June 10th, 2012 at 7:02:30 AM permalink
Quote: vinman88

... some offer $4000 odds on the same $600 wager for the 5 or 9?


On pass bets that establish a point of 5 or 9, a free odds limit of 4x the line bet is the most common one encountered, though casinos offer quite a range of limits on free odds. Where have you seen a free odds bet limited to $4,000 on a pass bet of $600? That would be a limit of 6.667x, which I have never seen anywhere. My only guess would be that the casino offers 10x or something but also limits free odds bets to $4,000 regardless of how much you have on the line bet. Now limiting the free odds bet to $3,000 would simply be a 5x limit.
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