Hedging a friend's Six and Eight betting

So my friend plays Six and Eight and I'd like to essentially bet in a way that maximizes the chance that if he loses, I win, and if he wins, I lose. This is because he'll be generous in buying me dinner if he wins and I lose, and I'm happy to do the same. Thanks for any help you might provide.

Play the Don't.

Lay the six and eight for however much you want to risk. If the seven out rolls you win your bets and he loses. Cost is 5% of the amount you expect to win.

He could Place $30 on each, which would pay $35 (each) if he wins and you could Place to Lose (if your House allows that bet) for $35 each which would pay $28 each if you win. The two of you combined either lose $2 or lose nothing per each bet resolved.

Win: 5/11 * 0 = 0

Lose: 6/11 * -2 = -$1.090909

The Expected Loss is thus $1.09 for each bet the two of you make, per bet resolved, combined. So, -$2.18 if you go with both the Six and Eight, per bets resolved.

Why don't you guys just do a straight Doey-Don't at a lower HE? You could also use Come/Don't Come for a Doey-Don't if you like faster action that just having Line bets.

I hadn't realized casinos allow betting against a six or eight). And sorry, noob mistake on my part to not explain this more in my initial post. I'd like to do this without my friend realizing that I'm essentially betting against him, and he would certainly notice this.

And I don't want to make a bet with a big house edge (I think you can bet on a seven coming up, and it is a terrible bet?)

The best I can come up with is for me to bet DC with odds whenever a six or eight is the point. Problem with my idea is that a seven on the roll I place my DC bet means we both lose.

Then I would recommend a bet on the DP with a large odds wager behind it. Hopefully it will travel to the six or eight but either way you'll be winning on the seven while he loses. Some combination of table minimum DC bets with increased odds on the six and eight would work too, and be less conspicuous than laying the 6/8.

Quote: jaybird33

I hadn't realized casinos allow this bet. And sorry, noob mistake on my part to not explain this more in my initial post. I'd like to do this without my friend realizing that I'm essentially betting against him, and he would certainly notice this.

And I don't want to make a bet with a big house edge (I think you can bet on a seven coming up, and it is a terrible bet?)

The best I can come up with is for me to bet DC with odds whenever a six or eight is the point. Problem with my idea is that a seven on the roll I place my DC bet means we both lose.

I don't believe that all casinos allow Place to Lose, so then the Lay would hedge against the Places on 6&8, but the House Edge of a Lay bet is worse on those numbers.

Yes, the, "Any 7," bet is one of the worst bets on some tables, and the absolute worst bet on Tables that don't have any of the exotic bets, such as Fire Bet. It's also worse than many of the exotic bets.

The DC with Odds whenever the point is Six or Eight would be completely immaterial to his Point Established. It's true that you both lose on a Seven, and you could also lose on an Eleven (which would do nothing to resolve his bet), and you could win on Two or Three, which does nothing on his bet. Midnight effectively does nothing for either of you. However, if the next roll after you make the DC bet is the point number, he wins and you travel, if it is any other point number, then you're simply on a point number that has nothing to do with him.

Mission




YOU hit the nail on the head with the idea of not wanting friends see you are betting against them.

Craps is a social game, but to be honest, the idea of going to the table with several friends and
making money is luck squared.

There are a variety of ways to make money with a combination of with and against the shooter
betting. But most times you don't do it. You either lose more than you want because your
friends wont leave or lose what you won because your friends wont leave.

I find playing by myself is the only way i can make money, especially if i want to use both
sides of the dice.

dicesetter

Quote: jaybird33

So my friend plays Six and Eight and I'd like to essentially bet in a way that maximizes the chance that if he loses, I win, and if he wins, I lose. This is because he'll be generous in buying me dinner if he wins and I lose, and I'm happy to do the same. Thanks for any help you might provide.

Why don't you two just bet against each other rolling dice on a table? Don't give your money to strangers.

You have a very loose definition of "friend". You say you want to bet against your buddy and not let him know you are betting against him. This is so he will buy you dinner if he has a win. then if you win you will buy him dinner. What? This in my opinion is bizarre at the least.

Why be in a casino then? Just go to dinner

Scan


That is the problem.... for many of us we are way past playing this game for fun, when i
earn money i dont want to give it away, and the casino says come here and take ours if
you can so what is a person to do.

But as you know friends are friends and i have a couple that really like to play craps
and they lose maybe $15000-$20,000 a year playing, they can afford it and they just want
to play....i can afford it also and done that for many years. but not in the past couple, now
i want to play the game correctly and smart, so i dont play with my friends much anymore.
And when we do they understand i am going to play my way.... a funny thing happened the
past year.... they dont want to lose that much anymore either and they are playing smarter.

A friend can also be a person that helps their friends save money.


dicesetter

This has to be one of the most bizarre questions I ever heard.

Quote:

jaybird33
So my friend plays Six and Eight and I'd like to essentially bet in a way that maximizes the chance that if he loses, I win, and if he wins, I lose. This is because he'll be generous in buying me dinner if he wins and I lose, and I'm happy to do the same. Thanks for any help you might provide.

I hate to say it but you must be one hell of a friend, betting against your buddy when you are playing, you would be better off pooling your money and you would both enjoy the wins. You also might want to spend a few dollars on a few books on playing craps, so the both of you understand what you are up against when playing craps!

One of the big down falls of all craps players is playing craps with their buddies, while you may think that its fun, most of the time it will cost you money! You will overstay your craps sessions, because you are playing a social game, hanging out with you buddies.

Quote:

Dicesitter

That is the problem.... for many of us we are way past playing this game for fun, when i
earn money i dont want to give it away, and the casino says come here and take ours if
you can so what is a person to do.

But as you know friends are friends and i have a couple that really like to play craps
and they lose maybe $15000-$20,000 a year playing, they can afford it and they just want
to play....i can afford it also and done that for many years. but not in the past couple, now
i want to play the game correctly and smart, so i dont play with my friends much anymore.
And when we do they understand i am going to play my way.... a funny thing happened the
past year.... they dont want to lose that much anymore either and they are playing smarter.

A friend can also be a person that helps their friends save money.

If you want to win at craps, play craps by yourself, don’t hit the casinos with your buddies. That way you can leave when you are winning! Now I do understand the concept of two guys betting on different sporting games because they both love different teams, but I have a hard time of anybody hoping their buddy lose on the craps table so they can win. If you want to bet the don’t while I’m shooting, why in the world would I want you on the same table with me, would it be for bragging rights?

Dicesetter was in Vegas not to long ago, and we got to play on the same table together, we both had a plan of betting on the 4’s that we were hitting. That is how you should play the game, take advantage of what your buddy is betting on if they can hit the point they are betting on!

On the board that I help run, one of the things we stress is going to the craps tables by yourself, that's if you want to win, now the board is for DI's but at the same time it's set up to help anybody win playing craps. I never thought that losing money was fun, unlike some others that think that it's fun to lose their money. I often wonder if their wifes ever read what some of these guys wrote on these craps boards, or gambling boards.

I know what my wife would do if I said to her honey,.. I'm going down to the casino to lose some money, but don't worry, I'm going to have fun!!!!!!