JeffR
JeffR
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February 8th, 2014 at 5:24:25 AM permalink
I've been trying to figure this out. It seems you are only increasing your aggregate chance of losing while still roughly maintaining the same amount won on a 7. Why not just make the appropriate base dc bet + max odds that roughly represents the amount wagered with the multiple DC bets and only sweat 1 number instead of multiple?

I have a feeling there's a math reason behind this!
odiousgambit
odiousgambit
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February 8th, 2014 at 5:38:01 AM permalink
On the contrary, what I think you can argue looks risky is to pile up Come bets to be resolved.

On the Darkside, you have the odds in your favor for each number to be resolved. Some other threads have mentioned the lucky situation of somebody next to you giving you the action on Darkside 6 or 8 because he hasn't been lucky enough with that action. If you could get both six and eight, even better! The player advantage [assuming you buy at even money] is the stuff dreams are made of! [edit]

The "math reason" is that the price for the situation is normally to have to go through the come-out to get there.

I've mentioned the situation of having multiple DC numbers to resolve and getting cleaned out anyway in other threads; commenters then said something like "well, serves you right, you are risking it all on one shooter, a guy who could be hot". True, but anybody who believes that is "math reasoning" believes not all shooters are random.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
FleaStiff
FleaStiff
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February 8th, 2014 at 6:20:17 AM permalink
Why not One massive DontCome bet rather than two or three Don'tCome bets for the same amount of money?

Because Don'tCome, once you get past the hurdle of that initial roll, is in your favor. Seven is the most likely number and you will win on the Seven, but, just in case that seven doesn't appear...you will only get a portion of your funds knocked off by the shooter hitting numbers in the interim.
JeffR
JeffR
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February 8th, 2014 at 6:55:52 AM permalink
But isn't that offset by the chance of your aggregate chance of losing going up?

Let's take an extreme example:

Let's say your first DC lands on a 4 $35 at risk to win $20 (3/36 or 1/12 chance of losing with a 1/6 chance of winning).
Let's say you put down another DC and it lands on 6 $35 at risk to win $25 (5/36 chance of losing, 1/6 chance of winning)

Aggregate at risk: $70
Aggregate win with 7: $45
Aggregate chance to lose part of your money: 22.2%
Aggregate chance to win all at once (as always): 16.6%

Now let's pile up the money and have it land on DC 4: $10 base $60 odds
Aggregate at risk: $70
Aggregate win with 7: $40
Aggregate chance to lose ALL of your money: 8.3%
Aggregate chance to win all at once (as always): 16.6%

Comments: So by making multiple come bets the player gets to win $5 more when a seven does come as well as not being completely wiped out for the cost of 8.3% more of a chance of losing.

-------------------------------------------------------------------------------------------
Let's take a case another case:

Let's say your first DC lands on a 6 $35 at risk to win $25 (5/36 chance of losing, 1/6 chance of winning).
Let's say your second DC lands on a 8 $35 at risk to win $25 (5/36 chance of losing, 1/6 chance of winning).

Aggregate at risk: $70
Aggregate win with 7: $50
Aggregate chance to lose part of your money: 27.7%
Aggregate chance to win all at once (as always): 16.6%

Now let's pile up the money and have it land on DC 6: $10 base $60 odds
Aggregate at risk: $70
Aggregate win with 7: $50
Aggregate chance to lose ALL of your money: 13.8%
Aggregate chance to win all at once (as always): 16.6%

Comments: Here it seems to me the player has a 13.9% more chance of losing to win the same amount of money. Again only part of your money will lose if you lose.
wudged
wudged
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February 8th, 2014 at 7:31:48 AM permalink
It will give you lower variance. With one huge bet your bankroll can take a huge swing in one direction or another. With multiple small bets your bankroll will only go up or down a little at a time.
odiousgambit
odiousgambit
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February 8th, 2014 at 7:38:05 AM permalink
tl:dr

didn't read, so shame on me for commenting further. But anytime I have looked into this sort of thing, where to go one way you win X, to go another way you win Y, the poster is being deluded by making things too complicated. Makes me think of those complicated betting systems, where the poster spells out some seemingly compelling scenario.

Granting that you do not seem to have a betting system, and I didn't read it.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
JeffR
JeffR
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February 8th, 2014 at 8:19:00 AM permalink
Quote: odiousgambit

tl:dr

didn't read, so shame on me for commenting further. But anytime I have looked into this sort of thing, where to go one way you win X, to go another way you win Y, the poster is being deluded by making things too complicated. Makes me think of those complicated betting systems, where the poster spells out some seemingly compelling scenario.

Granting that you do not seem to have a betting system, and I didn't read it.



Not deluded here. I'm merely asking which form of betting is better? Both minimize the HA: don't come + max odds.
mds
mds
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February 8th, 2014 at 8:27:37 AM permalink
Quote: odiousgambit

tl:dr

didn't read, so shame on me for commenting further. But anytime I have looked into this sort of thing, where to go one way you win X, to go another way you win Y, the poster is being deluded by making things too complicated. Makes me think of those complicated betting systems, where the poster spells out some seemingly compelling scenario.

Granting that you do not seem to have a betting system, and I didn't read it.



Bottom line is to only bet the DP with max odds. Then sit back 1-6 rolls and collect. I cant tell you how many times I see the bet of DP+DC and the shooter hits that DC number. I end up the big winner every time with my DP and full odds. (Almost every time)
JeffR
JeffR
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February 8th, 2014 at 9:18:20 AM permalink
Quote: mds

Bottom line is to only bet the DP with max odds. Then sit back 1-6 rolls and collect. I cant tell you how many times I see the bet of DP+DC and the shooter hits that DC number. I end up the big winner every time with my DP and full odds. (Almost every time)



I prefer DC with odds (no difference between those bets). Plus when people give me dirty looks, I simply say: "Hey I'm not against you making your point. By all means, roll it, then roll a 7 on the come out and we'll all high five each other!"
darthvader
darthvader
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February 8th, 2014 at 11:23:18 AM permalink
Quote: JeffR

I prefer DC with odds (no difference between those bets). Plus when people give me dirty looks, I simply say: "Hey I'm not against you making your point. By all means, roll it, then roll a 7 on the come out and we'll all high five each other!"



Exactly one of the reasons I play the DC as well.

Darth
7-out, line away, pay the don't. http://www.youtube.com/watch?v=esEcwAWi6dk
mds
mds
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February 8th, 2014 at 11:35:06 AM permalink
You guys play the DC so you don't get dirty looks? I play the DP with full odds and tell the players, roll 10 numbers then a 7 so we both make money! (Which rarely happens) That works too! Personally I really don't care about dirty looks.
JeffR
JeffR
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February 8th, 2014 at 11:46:43 AM permalink
Quote: mds

You guys play the DC so you don't get dirty looks? I play the DP with full odds and tell the players, roll 10 numbers then a 7 so we both make money! (Which rarely happens) That works too! Personally I really don't care about dirty looks.



It's not so much about the dirty looks.. I just don't like to see anyone lose against the casino. Playing DC is the best compromise I can think of !
Beethoven9th
Beethoven9th
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February 8th, 2014 at 11:57:55 AM permalink
Quote: mds

Bottom line is to only bet the DP with max odds. Then sit back 1-6 rolls and collect. I cant tell you how many times I see the bet of DP+DC and the shooter hits that DC number. I end up the big winner every time with my DP and full odds. (Almost every time)


Too bad the math doesn't support any of this whatsoever (regarding DP vs. DC).
Fighting BS one post at a time!
mds
mds
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February 8th, 2014 at 2:57:37 PM permalink
Quote: Beethoven9th

Too bad the math doesn't support any of this whatsoever (regarding DP vs. DC).



Maybe so. I might be in the wrong forum by saying this but, there are intangibles..
Beethoven9th
Beethoven9th
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February 8th, 2014 at 3:02:31 PM permalink
Quote: mds

Maybe so. I might be in the wrong forum by saying this but, there are intangibles..


Uh...no, there aren't.
Fighting BS one post at a time!
SFB
SFB
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February 8th, 2014 at 5:03:54 PM permalink
Quote: mds

Maybe so. I might be in the wrong forum by saying this but, there are intangibles..



If there were no intangibles, I wouldn't play.

Its a game designed to take my $$. But I wanna have fun. And that is the intangible I am after.

SFB
Beethoven9th
Beethoven9th
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February 8th, 2014 at 8:14:39 PM permalink
Quote: SFB

If there were no intangibles, I wouldn't play.

Its a game designed to take my $$. But I wanna have fun. And that is the intangible I am after.


Touché. That's a good way to put it.
Fighting BS one post at a time!
wudged
wudged
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February 9th, 2014 at 6:27:05 AM permalink
Quote: mds

Maybe so. I might be in the wrong forum by saying this but, there are intangibles..



I know what you're hinting at and you are definitely in the wrong forum for any kind of discussion like that.
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