Quote: TheWolf713I have question for my Math guys…I honestly would like to Why do you play craps?
Quote: SlateArticleTo extend the metaphor, Keynes’ point wasn’t that the long-term is unimportant—it’s crucial that a ship eventually arrive at the correct port. But in the middle of the storm an expert sailor needs to be able to say something useful about how to weather what’s actually happening. Economics will not be a useful or interesting discipline if all it can say about exchange rates is that eventually things will work themselves out. In the short run, it makes quite a bit of difference what happens to exchange rates: It can make the difference between prosperity and recession.
Quote: Buzzard" If at any point you feel the shooter is gonna make this point just swing you lay bet odds over to taking odds."
" Be smart, look at racks of amount of chips. small racks and no noise equals perfect table to play this. "
Both these statements are as important as the box man's shoe size.
Quote:If your analysis of craps is what happens in the long run, you're probably not betting enough money to care about the short run.
You can, generally, bet more money in craps without paying more in order to do so. At least until you max out 20x odds at the moment.
Most people can afford to get as much of a free (extra) gamble as they are willing to handle and even more wuss out before getting close.
Not everybody wants to be an AP. And for those who don't care to be, craps is an easy way to get close to zero edge on a percentage basis with very little knowledge. That's why it's a favorable game. It isn't just for arrogant AP's who look down on other people who are not AP's. It is a game for all level of players, and is only expensive for the truly degenerate thrill-seeking folks who just don't care at all about edges or who bet way beyond their tolerance for losses.
Quote: TheWolf713I have question for my Math guys…I honestly would like to Why do you play craps?
With Negative EV, bound to lose, smartest guys at the table, and yet you still play… Why? What drives you?
Quote: Dicenor3310000 divided by 100(average # of rolls per game), divided by 4(average number of plays per trip) equals 25 trips or 6 month of play. In 6 month you'll go broke, 100% guarantee.
All the things mentioned in your second paragraph have have to do with skill.Quote: dicesitterthewolf713
That is easy, the math of the game does not dictate the results.
If all you ever did was rely on the math, no one would do anything,..... the pure math says that if there are
50 boats in a fishing tournament you should win one out of 50 events..... the math says that in colorado there
is a 25% chance you will get an elk with bow, and yet some of us get one most years, the math says
if there are 10 guys at a poker table, you should get hands good enough to win one out of 10 hands.
All this is pure folly, all of us have the ability to alter the outcomes of most of the things we do
with our preparation and ability to control the level of our participation...
If a person goes to the table and bets $1000 on the dont pass, and some guy hits 15 pass winners
and has a 50 roll, is the loss of thousands because of the math, or stupidity?????
dicesetter
Stupidity for playing in the first place. Its easy to think they guy is dumb for not going with the trend, after the fact.Quote: dicesitter.
If a person goes to the table and bets $1000 on the dont pass, and some guy hits 15 pass winners
and has a 50 roll, is the loss of thousands because of the math, or stupidity?????
dicesetter