blrieger
blrieger
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March 2nd, 2015 at 7:58:10 AM permalink
I have a quick question on the Wizards online craps game on this site. The game gives you the options to check "Leave bets working", and "Leave winning bets up". Do most casino craps games play with these options checked, preferably Vegas casinos?
Romes
Romes
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March 2nd, 2015 at 8:42:15 AM permalink
I can't speak to online craps games (although I'd think they mimic live casino craps games)... but in live casinos they do not do this unless you're on some kind of don't/lay bet. For example... If you bet across and the point is reached, at a live casino, your place bets will be turned "off" for the come out roll. Most shooters don't like hitting a come out winner 7, but then losing all of their place bets. Even though mathematically speaking it's better to keep them working. Same for come bets/odds. Now if you have a Don't Come bet or Lay, these will (by default at most places) be working on the come out, since the come out 7 wins them.

Most places are like the Wizards game. They're off unless you specify to the house you want them on (i.e. on the game by clicking "keep bets working").
Playing it correctly means you've already won.
TriathlonTodd
TriathlonTodd
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March 2nd, 2015 at 9:37:19 AM permalink
I don't know of any casino that doesn't leave your winning bets up. You can always request that the dealers take your winning bets down, though.
blrieger
blrieger
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March 2nd, 2015 at 10:02:12 AM permalink
Ok, thanks for clarifying.
AcesAndEights
AcesAndEights
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March 2nd, 2015 at 1:38:33 PM permalink
Quote: Romes

I can't speak to online craps games (although I'd think they mimic live casino craps games)... but in live casinos they do not do this unless you're on some kind of don't/lay bet. For example... If you bet across and the point is reached, at a live casino, your place bets will be turned "off" for the come out roll. Most shooters don't like hitting a come out winner 7, but then losing all of their place bets. Even though mathematically speaking it's better to keep them working. Same for come bets/odds. Now if you have a Don't Come bet or Lay, these will (by default at most places) be working on the come out, since the come out 7 wins them.

Most places are like the Wizards game. They're off unless you specify to the house you want them on (i.e. on the game by clicking "keep bets working").


Say what? If we're talking about place bets, mathematically it's better to NOT keep them working as those bets have a house advantage. And if we're talking about come bet odds, mathematically it's a wash with respect to EV. Higher variance (which is why the Wiz advorates it, since you're playing a losing game), but the same EV.

But you've conflated the two questions. The "Leave winning bets up" button is (almost) always CHECKED at land-based casinos. This means if you win a place bet, they will pay you your winnings and leave you place wager up. The Wizard's old craps game didn't work this way; it would return your wager with the winnings for all bets. I assume he added this button to make it more realistic.

The "Leave bets working" button is (almost) never CHECKED at land-based casinos. This would means that your place bets and come bet odds win if they hit on the come out, but lose on a come-out seven.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
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