Possible player edge

So I've found a small casino that will pay you the extra 50 cents when you bet an odd number on your odds for the points of 5 and 9.

So if your point is 9, you have a $5 pass line bet and $5 odds, they will pay you $8 for your odds bet. If you play $25 odds (5x) they will pay you $38.

My question is....if you just bet the pass line bet of $5 and take full odds of $25 on every shooter, does this take away the house edge and create a player edge? i know the only edge would actually be if the point is made on the 5 and 9, but you obviously would have to bet the pass line bet before the 5 or 9 is established. I understand that by taking full odds on any other number that may be established doesn't help or hurt.

Out of 100 points established, the 5 or 9 would be won 13% of the time. So, does getting that extra 50 cents 13% of the time turn the edge to the player?

Any thoughts will be appreciated!

Any other bets? Does a $7 6 pay 9? If so, you better grab a box of stinky cigars and a chair, cause there's your money maker. Bet $7 on the 6 and 8 and start churning out the butter.

Your optimum strategy is to bet the minimum as the 50c makes more of a difference. Assuming it's a $5 bet, the normal house edge is 1.414% = 7.07c per bet to the house. There's 8/36 chances of a point of 5 or 9, and 4/10 of it winning = 8.889%. Gaining 50c 9% means and average of 4.44c.

So - there's no advantage rather than my previous estimate of .1c per bet!
EDIT I prefer the maths in my later update, but have updated these figure as I put 4/6 rather than 4/10!

What is the name of the casino?

Thank you for the response. This casino almost always has $5 tables, so if I can sit there a long time and bet $5 on every roll on the pass line and then $5 on every come bet, I would make a guaranteed profit in the long run. It's a whole lot better than giving the edge to the casino. The key is will I be able to stay disciplined and just stick to the plan.

I guess if I add in the comps that will build over time, the edge will be even greater.

Quote: RS

Any other bets? Does a $7 6 pay 9? If so, you better grab a box of stinky cigars and a chair, cause there's your money maker. Bet $7 on the 6 and 8 and start churning out the butter.

No, the 5 and 9 odds payout is the only edge they give away. It's a small casino with a lot of people who don't know craps that well. Dealers are pretty dumb too.

Ironically, I don't see anyone taking advantage of this "edge"

Quote: Seriouslyfunny

What is the name of the casino?

Sorry, but I don't want to kill a golden goose even though it's a really small goose. The casino is an Indian casino.

The goose, the goose -- the goose is on fire!

Quote: armyjoe12182

Ironically, I don't see anyone taking advantage of this "edge"

you believe that there IS a player edge?
can you prove it?

i get for regular pass/odds, $5/$5 that pays $7.50 on the odds part
using the perfect 1980 as a guide
a house edge = -140/16,500 (-7/825)

making an extra $88 from the extra pay of 50 cents drops the combined edge down to
-52/16,500
does it not?

no player edge there i can C


but if it feels good thinking there is a player edge when one does not exist
do have fun!

maybe i had too much popcorn (i did... shhhh) and did not understand the situation too
but later
now, dinner, dancing and lots of sex!
Sally

added me photos
$5 with $5 odds (pays $7.50 on 5 & 9)


same with the extra 50 cents paid on a 5 & 9 point winner

Quote: mustangsally

using the perfect 1980 as a guide

Good idea - and sorry for the typo in my previous post.

Quote: charliepatrick

Net loss = $140-$88 = $52 per 1980*$5	0.525%	

i say close
to balance the books

the average bet is not $5 over 1980
it is or should be
$5*1/3 + $10*2/3 = 5/3 + 20/3 = 25/3

25/3 * 1980 looks much better

it is still early in Newport Beach Sunday morning

Sally

Wow in all my years reading this forum and finally an ap play in craps.

I think we both agree on the cost per 1980 $5 bets is $52. I've always had a problem defining House Edge where additional bets might be needed (I personally always want to compare the cost of playing at a various [$5] tables, the fact that sometimes additional bets are required to play the game properly, is a property of the game) - however I'm happy either way and understand there's probably a different measure on the return compared with the total money wagered.

Thanks everyone for all the replies. I still don't understand if there's an advantage here or not.

I'm heading to this casino Thursday night. I'm getting a $130 free play on both Thursday and Friday.

I plan on playing just $5 on the line with full odds all night long. No place bets. Play a few come bets with full odds also. Let's see how I end up at the end of the night. Hopefully I can stay disciplined and stick to it.

Whether there's a players edge or not, at least the house edge will be very small. With the free plays, free room, and comps, the advantage should be on my side.

At Wheeling Island Hotel-Casino-Racetrack in Wheeling, WV, a $1 bet for the dealers on 5 and 9 pays $3 and down. Now THAT is an AP tip bet!

Quote: teddys

At Wheeling Island Hotel-Casino-Racetrack in Wheeling, WV, a $1 bet for the dealers on 5 and 9 pays $3 and down. Now THAT is an AP tip bet!

Now I don't remember what game it was. In AC they had a game you could bet for the dealer AFTER you knew you had a winner(or at least you were fairly. Confident) It was a low maximum that you could add for the dealer(perhaps $5 max) but I thought that was very nice of them to allow that.

Quote: armyjoe12182

Thanks everyone for all the replies. I still don't understand if there's an advantage here or not.

my goodness OF COURSE THERE IS AN ADVANTAGE!! Now there may not be an OVERALL player advantage on the table --and, comps aside, apparently there is not based upon the math replies on this thread anyway--but hokey smokes, rocky there is a decided player advantage vis-à-vis other establishments when betting $5 increment odds on the 5 & 9...indeed I find it quite INCREDIBLE...and you are very smart, army, in not revealing the name of this place: and this is especially smart since the hoi polloi are not taking particular advantage of this astonishing bet availability (a fact that does not surprise me in the least!) thus increasing the chances of the bet being around for a while (probably at least until bean counter consultants are brought in)...41 YEARS OF BANK CRAPS & I HAVE -->NEVER<-- BEFORE ENCOUNTERED A PLAYER ADVANTAGE BET...tom "home runs are often boring" p