da132
da132
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April 6th, 2015 at 5:16:51 PM permalink
I was traveling over Easter weekend and took a break at Mohegan on the way home. I only bet the pass line and always take full odds. It's a great way to get some excitement and socialize with colorful characters. I'm only superstitious at 11:11am, but I vary my pass line bets between $5 and $25.

I bet $15 on the pass line. The point came either an 8 or 9, I can't remember. Mohegan allows 5x odds so I backed up my bet with $75. One of the dealers alerted me that I could actually back up my bet with $125.

This seems odd to me. If the point is a 5 or 9, and I have a $5 pass line bet, I can take odds with $30. Taking 5x would yield $37.50, but a $30 odds bet yields a much more even $45. So I can see the logic there.

On the 6/8 a $75 odds bet yields $90, and a $125 odds bet would yield $150.

Is the casino just letting me take odds for $125 to make the math easier? It would make sense, since $125 is 5 green chips, and the 6:5 payoff is thus much easier to think about.

Also, how much can I take odds for at Foxwoods? Thanks guys.
odiousgambit
odiousgambit
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April 6th, 2015 at 5:33:12 PM permalink
my guess is that you had just bet $25, on your last bet, and he assumed you still were betting that.
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
chaunceyb3
chaunceyb3
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April 6th, 2015 at 5:46:24 PM permalink
Quote: da132

I was traveling over Easter weekend and took a break at Mohegan on the way home. I only bet the pass line and always take full odds. It's a great way to get some excitement and socialize with colorful characters. I'm only superstitious at 11:11am, but I vary my pass line bets between $5 and $25.

I bet $15 on the pass line. The point came either an 8 or 9, I can't remember. Mohegan allows 5x odds so I backed up my bet with $75. One of the dealers alerted me that I could actually back up my bet with $125.

This seems odd to me. If the point is a 5 or 9, and I have a $5 pass line bet, I can take odds with $30. Taking 5x would yield $37.50, but a $30 odds bet yields a much more even $45. So I can see the logic there.

On the 6/8 a $75 odds bet yields $90, and a $125 odds bet would yield $150.

Is the casino just letting me take odds for $125 to make the math easier? It would make sense, since $125 is 5 green chips, and the 6:5 payoff is thus much easier to think about.

Also, how much can I take odds for at Foxwoods? Thanks guys.



It's called "full 5X odds" and it's almost universal at East Coast craps tables offering 5X odds. The key is the "breakage" amounts, which are $15 (can take odds of $75/$100/$125), $30 (odds of $150/$200/$250), etc.

If the point is made and you took full odds on a $15 pass line bet, you will always win 11X your line bet, total.

(Don't pass odds also apply.)
RaleighCraps
RaleighCraps
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April 6th, 2015 at 6:03:03 PM permalink
I had a dealer try to explain it to me once, but I was not catching onto his process.

The $15 bets are allowed odds as if they were $25 bets. It had to do with the color of the chips as they were calculating the payouts.
I always do the straight math (an 8 pays 6:5 , so $50 pays $60, etc), but this dealer talked about he just looked at the color of ships and paid based on what he saw. And allowing $125 odds a $15 PL bet for the 8 and 8 made his payout easier.

Like I said, I did not really understand what he was trying to convey.

It does help to ask what your full odds can be on a $15 bet anytime you play. If you can afford the extra, you can get some good odds at different places. I think I have seen $15 bets in MS on 10x tables get backed up with $250 in odds. I can't recall for certain, but I think I have seen that
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
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