tom
(1/6 * 1/6)
If I understand your question, (and obviously I THINK I do) I calculate there's a 50.9% chance that two (or more) consecutive 7s will appear on the come out roll, if given a chance to do so over a span of exactly 30 come out rolls.
And yes, two (or more) consecutive 7s are indeed more likely to appear in a row than any other number, for the very reason you mention... because it's easier to obtain.
For example, the chances that two (or more) consecutive 11s appear on the come out roll, in a span of exactly 30 come out rolls, is only about 8.3%
1-6
2-5
3-4
If the table you're playing at pays 15 to 1 on these hop bets, you are better off making all three of these hop bets than making a single bet on Any 7. ($1.00 on each hop bet, for a total $3.00 bet, will pay $13.00. $3.00 bet on Any 7 will only pay $12.00.)
If the table pays 14 to 1 on the hop bets, it doesn't matter whether you bet the hops or the Any 7.
Ed, I'm getting 51.2% using WinCraps simulations (3 million come out rolls). Pretty close to your 50.9%, and I'll defer to actual math.
Anyway, Tom, I'm not sure that any of this can help you. Betting on the 7 with the intention of parlaying it when it hits doesn't change the house edge. And if instead your intent is to wait for a 7 to roll and then bet on the 7, the chances of it appearing on the next roll are 1 in 6, just like every other roll.
Do you want to guarantee that two sevens will show up back to back,
Place $200 in the hardways working on the comeout and I guarantee that you will roll sevens back to back......
EagleDice
Also, increasing the number of come out rolls in our discussion won't change anything. Yes, the chances of hitting two 7s in a row increases, but so do the number of losing wagers.
I'm not trying to discourage you from making the bet. A parlay is very exciting when it hits. However, be aware that you will not see a profit in the long run. It will eat away at your bankroll pretty significantly with its huge house edge. (This particular parlay has a house edge over 20%.)
The combined edge doesn't EVER get anywhere near a hardway's first hit edge, and you get 9x return after only two hits.
Quote: YouCanBetOnThat
Ed, I'm getting 51.2% using WinCraps simulations (3 million come out rolls). Pretty close to your 50.9%, and I'll defer to actual math.
I'm curious... try 100 million come out rolls, instead of just 3 million, and let me know if that brings it down to something closer to 50.9%. (Please note that my 50.9 is not actual math... it's also based upon a simulation, of exactly 100 million rolls. But with that many rolls, 50.9 should be pretty darn close.)
And yes, it's irrelevant anyway... you just can't overcome the house edge with this or similar methods.
"do,1p,0x" is $5 passline with no odds ($0.02 per roll expected loss)
The other lines show the grind on placing the four at $5, $10, $20, and $25.
At $5, you can see the line of the edge for the $5 which costs a buck for every time you get paid. I modelled $10 pays you $19 instead of $18 (automatic buy).
But what you're visualizing here is that you can get some volatility for that buck at $25 that can compete with the edge.
Now this chart is the exact same data with pressure. (schedules shown but note all pressure stops at $500 max bet as indicated in the charts by "l500")
IE: "buy4,s25,4,l500" means buy the four starting at $25, press schedule 4 and don't press beyond $500.
@buy_press_schedule6 = ( 5, 15, 25, 75, 225, 675, 2025 );
@buy_press_schedule5 = ( 5, 15, 30, 80, 260, 750, 2000 );
@buy_press_schedule4 = ( 5, 10, 25, 60, 160, 460, 1350 );
@buy_press_schedule3 = ( 5, 10, 20, 55, 160, 420, 1200 );
@buy_press_schedule2 = ( 5, 10, 25, 50, 75, 100, 150, 250, 500 );
@buy_press_schedule1 = ( 5, 10, 15, 20, 25, 40, 80, 100, 150, 250, 300, 350, 400, 450, 500 );
When you press, the combined parlayed edge stays low when you press it hard (unlike hardways).
This gives you a betting strategy that can survive longer by keeping your edge low.
Alright, hopefully that makes sense!
I ran 100 million, and I got around 51.16%.Quote: EdCollinsI'm curious... try 100 million come out rolls, instead of just 3 million, and let me know if that brings it down to something closer to 50.9%. (Please note that my 50.9 is not actual math... it's also based upon a simulation, of exactly 100 million rolls. But with that many rolls, 50.9 should be pretty darn close.)
Our figures are so close to each other; I'm trying to think of odd circumstances where I might be getting a false positive or where you might be getting a false negative.
Again, we're looking at groups of 30 come out rolls and looking for 7s back-to-back at least once.
We might have to post something over in the Math forum and have someone figure it out for us. (I thought about it for a while and couldn't come up with a formula.)
Thanks for the info, Ahigh. Pressing (or parlaying) buys on the 4 and 10 are some of my favorite bets.Quote: AhighWhen you press, the combined parlayed edge stays low when you press it hard (unlike hardways).
This gives you a betting strategy that can survive longer by keeping your edge low.
I would caution that there is a pretty significant difference in house edge between "vig only on wins" versus "vig on all bets" when you parlay these buys. For example, take the case where you start with $25 on the 4 with the intent of parlaying to $75. "Vig only on wins" has a house edge of 2.22% on that parlay. "Vig on all bets" has a house edge of 8.97%. Ouch.
Quote: YouCanBetOnThatThanks for the info, Ahigh. Pressing (or parlaying) buys on the 4 and 10 are some of my favorite bets.
I would caution that there is a pretty significant difference in house edge between "vig only on wins" versus "vig on all bets" when you parlay these buys. For example, take the case where you start with $25 on the 4 with the intent of parlaying to $75. "Vig only on wins" has a house edge of 2.22% on that parlay. "Vig on all bets" has a house edge of 8.97%. Ouch.
This is a really good point. I only am contemplating vig on the win. I'm also assuming that they round down from $1.25 vig to $1.00 vig for a $25 buy. You need to make sure the place where you're playing allows this. But this is the Wizard of Vegas forum. The only place I ever went here that wouldn't give me a $1.00 vig on the win for a $25 buy on the four was the Riviera. They claimed it was vig up front because they were offering 1000x odds at the time. But generally, you will find $1.00 vig on the win for $25 buy's all across Las Vegas. Your mileage may vary elsewhere.
Money needed | Total money required | Money on felt | Description | Compounded Edge |
---|---|---|---|---|
$25 | $25 | $25 | $25 buy on the 4/10 | N/A |
$1 | $26 | $75 | First hit throw in a buck say "go to $75." | 1/75 = 1.33% |
$3 | $29 | $225 | Second hit throw in three bucks say "go to $225." | 4/225 = 1.78% |
$11 | $40 | $675 | Third hit throw in eleven bucks say "go to $675." | 15/675 = 2.22% |
$33 | $73 | $2025 | Fourth hit throw in thirty three bucks say "go to $2025." | 48/2025 = 2.37% |
$101 | $174 | $6075 | Fifth hit throw in $101 and say "go to 6075." | 149/6075 = 2.45% |
This outlines the BEST case scenario (all partial dollars are rounded down). If they round up for vig on the $75, or later bets, the edge is a little higher. But the best case scenario shows the compounded edge stays relatively contained.
Quote: YouCanBetOnThatI ran 100 million, and I got around 51.16%.
Our figures are so close to each other; I'm trying to think of odd circumstances where I might be getting a false positive or where you might be getting a false negative.
Again, we're looking at groups of 30 come out rolls and looking for 7s back-to-back at least once.
We might have to post something over in the Math forum and have someone figure it out for us. (I thought about it for a while and couldn't come up with a formula.)
30 = 51.1780330210008
40 = 61.8314558175545
50 = 70.1601992882844
2 0.027777777777778
3 0.050925925925926
4 0.074074074074074
5 0.096579218106996
6 0.118548525377229
7 0.139981995884774
8 0.160894513984149
9 0.18129848330412
10 0.201206307473454
11 0.220630045575673
12 0.239581469573263
13 0.258072064307674
14 0.276113035474903
15 0.293715316271819
16 0.310889574042474
17 0.327646216739815
18 0.343995399233522
19 0.359947029464021
20 0.375510774446895
21 0.390696066131305
22 0.405512107115934
23 0.41996787622596
24 0.434072133954402
25 0.447833427771162
26 0.461260097302969
27 0.474360279387358
28 0.487141913003766
29 0.499612744084716
30 0.511780330210008
31 0.523652045186773
32 0.535235083518145
33 0.546536464763284
34 0.557563037791368
35 0.568321484932152
36 0.578818326025594
37 0.589059922373016
38 0.599052480592179
39 0.608802056378624
40 0.618314558175545
41 0.62759575075443
42 0.636651258708628
43 0.645486569861972
44 0.654107038594509
45 0.662517889087364
46 0.670724218488708
47 0.678731000002724
48 0.686543085903479
49 0.6941652104755
50 0.701601992882844
51 0.708857939968412
52 0.715937448985183
53 0.722844810261043
54 0.729584209798811
55 0.736159731813043
56 0.742575361205148
57 0.748834985978324
58 0.754942399593763
59 0.76090130326957
60 0.766715308223775
61 0.772387937862809
62 0.777922629916754
63 0.783322738522685
64 0.788591536257342
65 0.79373221612038
66 0.798747893469392
67 0.80364160790788
68 0.808416325127315
69 0.813074938704413
70 0.817620271854693
I figured out my coding error.
After another 100 million run, I now get 51.178315 for 30 rolls. Thanks.
Numbers look good.Quote: tomshark30So i am interested in the hop bets for the 7 in craps. My question is what are the oods that two 7s will be thrown in a row on the come out roll within 30 come out rolls?
Try this streak calculator.
No simulation required.
Even shows the expected number of attempts needed.
http://www.pulcinientertainment.com/info/Streak-Calculator-enter.html
Seems very good and has links to WoV thread to do the math yourself
Quote: EdCollinsI'm curious... try 100 million come out rolls, instead of just 3 million, and let me know if that brings it down to something closer to 50.9%. (Please note that my 50.9 is not actual math... it's also based upon a simulation, of exactly 100 million rolls. But with that many rolls, 50.9 should be pretty darn close.)
And yes, it's irrelevant anyway... you just can't overcome the house edge with this or similar methods.
The streak calculator at http://www.pulcinientertainment.com/info/Streak-Calculator-enter.html
gives .0816 for the 11's and .5119 for the 7's.
As someone pointed out, the more comeouts, the more times you are likely to lose before this happens.
Edge * action, no way around it. Get lucky!
Cheers,
Alan Shank