BobR
BobR
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December 10th, 2013 at 7:47:03 PM permalink
I was at the Century casino in Central City, CO and they had a side bet that isn't shown here. I didn't write down all the specifics, but the payoff was based on how many 7s and 11s you rolled during your turn with the dice. They counted whether you rolled them during the comeout or when a point was established, so your losing 7 counted towards the total. I know that three 7-11s was a push (so two rolls plus the losing 7) and it maxed out around 10 rolls and paid 100:1.

Has anyone around here done an analysis of this bet? If I need to, I can call the casino see if they will tell me what the payoff schedule is.

Thanks - Bob
Wizard
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Wizard
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December 10th, 2013 at 7:53:56 PM permalink
Never heard of it. I'd be interested to see the full rules.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
BobR
BobR
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February 3rd, 2014 at 3:23:26 PM permalink
Here's the payouts. This is at the Century casino in Central City. Would appreciate anyone's analysis of the house edge. Any seven or eleven rolled while you have the dice counts towards the total, including your final seven that ends your turn, so you have to roll two other sevens or elevens to break even and then it goes up from there. $5 max bet.

7-11 side bet

1 lose
2 lose
3 push
4 3 for 1
5 6
6 10
7 25
8 40
9 50
10 75
11 100
endermike
endermike
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February 3rd, 2014 at 4:57:04 PM permalink
Here is an estimate for the frequency of various numbers of 7/11s. This is only based on 1,000,000 shooters. If you want I can easily run way more sims.


Number of 7s plus 11s Frequency Payout Value
1 498395 -1 -.498395
2 277209 -1 -.277209
3 127625 0 0
4 55264 3 .165792
5 23769 6 .142614
6 10141 10 .101410
7 4380 25 .109500
8 1854 40 .074160
9 740 50 .037000
10 360 75 .027000
>=11 263 100 .026300
Total 1000000 -.091828


tl;dr maybe better than some craps side bets, but overall way worse than standard pass/don't betting
BobR
BobR
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February 4th, 2014 at 4:22:21 PM permalink
That's awesome, Mike, thanks!

I don't have the layout in front of me, but I think the payout was "for one" instead of "to one", so the real net payout is probably 2, 5, 9, etc, which judging from your chart doubles the house edge to 18%. I've gotten confused about this before, though, so I'll have to look again the next time I'm out.

- Bob
endermike
endermike
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February 4th, 2014 at 6:21:37 PM permalink
My post accounts for that. Since I used -1 as the "losing payouts," it should be good for if the payouts are "for one."
BobR
BobR
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February 4th, 2014 at 7:51:54 PM permalink
Ah, ok, that makes sense. Thanks!
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