Huge winner on the field

I think playing the field in the long run is a horrible strategy. If somebody puts a $500 chip in the field I might go in for $10 just for kicks but I might make 1 or 2 field bets tops in a month, and I play craps every night. I did see a guy that had an entire trey of purple chips put $5,000 in the field a few weeks ago making a single bet, and they rolled aces and the entire table stood in disbelief.

Anyways I saw something incredible the other day. This guy bought in for $400 and he was betting 4 green chips on the field. I'm used to seeing people buy in for $200 or $300 and loose their ass on the field as it's got a high house advantage with 16 ways to win and 20 ways to loose. Anyways this guy kept putting $100 on the field and the shooter rolled 30 numbers and 26 out of 30 were fields. At the end he was betting $200 instead of $100. The player colored up with $4,000 and left. Quite the site. It was a weird table with a crap ton of horns.

if you play craps every day then you should know that these streaks happen sometimes. Nothing to see here.

Whenever you can report 18 yos in a row then we will all listen.

Quote: GWAE

if you play craps every day then you should know that these streaks happen sometimes. Nothing to see here.

Exactly.

Let's take a slightly broader view: Mine.

Last trip I began playing bubble craps by making a pass line bet with odds and placing the 6 & 8. Next I tried playing the field as well, for $1, and I got some wins and some losses. Then it hit me that come bets with odds would be better. Overall they were. My best session involved a long, long roll and pass and come bets with odds.

Even this, which involves about ten sessions or so, is too small a sample to judge from. But as a "strategy" for getting more action with low(ish) risk, I think it works.

Quote: guitarmandp

I think playing the field in the long run is a horrible strategy. If somebody puts a $500 chip in the field I might go in for $10 just for kicks but I might make 1 or 2 field bets tops in a month, and I play craps every night. I did see a guy that had an entire trey of purple chips put $5,000 in the field a few weeks ago making a single bet, and they rolled aces and the entire table stood in disbelief.

Anyways I saw something incredible the other day. This guy bought in for $400 and he was betting 4 green chips on the field. I'm used to seeing people buy in for $200 or $300 and loose their ass on the field as it's got a high house advantage with 16 ways to win and 20 ways to loose. Anyways this guy kept putting $100 on the field and the shooter rolled 30 numbers and 26 out of 30 were fields. At the end he was betting $200 instead of $100. The player colored up with $4,000 and left. Quite the site. It was a weird table with a crap ton of horns.

While there are 16 ways to win and 20 ways to lose, on a table that pays 2x for a 2 and 3x for a 12 those 16 ways pay 19 units to 20 units lost. That puts the house edge at 2.78%. Not huge at all. Higher than placing the 6 and 8 but lower than placing the 5 and 9.

Most I've seen someone win in the field was $3,000 when they dropped a $1,000 chip in the field (at my joking suggestion!) and hit a 12.

Quote: PBguy

Most I've seen someone win in the field was $3,000 when they dropped a $1,000 chip in the field (at my joking suggestion!) and hit a 12.

Not bad! Did he take care of you?

Quote: Deucekies

Not bad! Did he take care of you?

I saw a shooter and a player almost come to blows and the box man had to break it up. This guy put all of his chips left (a little over a thousand dollars) on the field . Shooter rolls a 12! The guy on the field got paid like 3 grand and the shooter started yelling "you know if you made me a couple thousand dollars I might throw a few black chips your way" and the player said "I don't owe you a damn thing" and at that point it got heated and the boxman had to break it up

Quote: PBguy

While there are 16 ways to win and 20 ways to lose, on a table that pays 2x for a 2 and 3x for a 12 those 16 ways pay 19 units to 20 units lost. That puts the house edge at 2.78%. Not huge at all. Higher than placing the 6 and 8 but lower than placing the 5 and 9.

The way most people bet the six and eight, the bet is not resolved until the seven comes. The six and eight have an edge per roll of 0.46%. If you define the resolution as when the seven rolls instead of when either the seven OR the number you placed rolls, the number of rolls goes from 3.27 to 6.00.

When they pay you 7 for 6, without an edge it would be $7.20.

That $0.20 / $13.20 = 1.51515151%
The number of rolls is 36/11 = 3.272727272727
Edge per roll is 0.46296% for the six and eight

And interestingly enough, (1/36)/((0.20/13.20)/(36/11)) = 6

This makes the COST of each bet placed the same making the assumption that the field is exercised as a one-roll bet and the place bet on the six or eight is exercised as a bet that will be collected from until the seven rolls (IE: 6 rolls until resolution instead of 36/11 = 3.2727272).

A lot of people dislike this analysis because they cannot let go of the (definition given of the) place on the 6/8 being a bet that lasts for 36/11 rolls.

I just see people pick up the field pay and their wins more often than I see them take a place bet on the six or on the eight down after it "wins" according to the definition that says it resolves in 3.27 rolls on average.

For example, I've seen someone come by with $500 and play the field, pick it up and the wins and head for the cashier.

I've never seen this done on the six and eight where they take the bet down and head to the cashier.

To me the field as a singular bet costs the same as a place on the six or on the eight costs the same as a hard eight or a hard ten for one roll as well if you have the knowledge to do it for one roll only, the hardways for one roll are no more expensive than the field!

Not only that, but the field has most of the resolutions paying more money than the six and eight, which most often resolves with a 1/6th profit of your bet amount if you define it as resolving when the seven rolls.

Where the field gets you is that when people win in the field and keep betting it for higher and higher stakes, pretty soon that turbo mode edge-per roll can engulf your opportunity to win, even at 2.78% per roll, it gets expensive as the bet size increases and can easily take over your ability to absorb those costs as you want to continue to play.

Where the six and eight gets you is thinking that the cost is cheaper instead of thinking that it lasts six times as long as the field. The cost is the same in my book. One just moves more slowly and grinds you out of your money more slowly so that you don't notice so quickly.

But that's just my view, and generally few other people agree with this. If you want to win at craps, you're required to make at least one bet. Most betting systems that aim to quadruple your original buy-in have a much higher edge per "try" if you will than the field. The trickiest part is stopping while you're ahead after that one roll.

Parlaying the line is also a really effective way to quadruple your buy-in.

The first line bet is 1.41% per resolution. If you parlay, without the edge you would have 202.81% in winnings.
Parlaying that again with zero edge would give you another 202.81% resulting in 2.0281 * 2.0281 = 4.1135x or 411.35% of your original buy-in.

The compound edge is the 11.35% / 411.35% or 2.76145%

So if you're trying to get a chance to quadruple your money, even a parlay on the pass line is not much cheaper. You will get quadruple almost 25% of the time, though instead of that 1 in 36 chance.

When you get to the point of comparing terrible systems plays against a single bet, the single bet usually wins. The field is the best single-roll bet on the felt, no matter what anyone tells you about the bet being a sucker bet, the real sucker keeps playing on lower edge bets thinking that the lower cost is cheap enough to keep playing and playing and not expecting to eventually lose.

I made $600 last night betting $55 on the don't pass and $54 across. I stayed about even until I caught a monster roll where even though the shooter hit 5 points and I lost $300 on the don't pass, I got my 10 that started out at $10 all the way up to $200, which paid me $400 minus the vig when it hit and he hit tons of other numbers.

The point is that if you play numbers and press aggressively that's where the money is. I play craps every night and the only time I ever see people win on the field is when people catch a shooter that rolls a ton of fields (like the one post I posted about a shooter rolling 26 out of 30 fields), and then the person is smart enough to color up and leave. I can count on one hand how many times I've seen that though.

Quote:

I saw a shooter and a player almost come to blows and the box man had to break it up. This guy put all of his chips left (a little over a thousand dollars) on the field . Shooter rolls a 12! The guy on the field got paid like 3 grand and the shooter started yelling "you know if you made me a couple thousand dollars I might throw a few black chips your way" and the player said "I don't owe you a damn thing" and at that point it got heated and the boxman had to break it up

No me gusta! I've had guys tip me for throwing lots of 4's and 10's when they were betting big, and I sure didn't put up much of an argument...But I sure wouldn't have asked for it. You really don't owe a hot shooter a damn thing, pretty lousy to ask IMO.