Increasing your odds bet

Okay my casino allows 100X odds. When I buy in lately I've been doing 30X odds and if I'm down $1 or more I do 10X odds and once I'm up I go back to 30X odds. I've had one very succesful session where i won big using this strategy, one where i gott absolutely slaughtered, and one where I won a little bit but had been chasing my losses for so many hours that I decided to leave once I was up $200

So my question is, at what point do you go crazy on your odds? When you are even, up a little bit, or way up? I wouldn't be surprised if some people go crazy on them when they are down trying to recoup their losses.

I pretty much stick with my original plan most of the time, but if I am on a winning streak and can increase the odds, sure, that's what I do - it's the best way to press IMO.

When several of us were playing at Harrah's Cherokee in Feb., the 10x odds was too rich for my gambling blood - minimum on the line being $10-$15. I was sometimes going with $75 on the odds on a streak, maybe $100 a couple of times. Teddys was brilliant on some of his ideas, what with really all of us not taking full odds and trying to be at the table at the same time.

PS: and yes, that's as crazy as I get. Warning: low roller report LOL

Quote: guitarmandp

Okay my casino allows 100X odds. When I buy in lately I've been doing 30X odds and if I'm down $1 or more I do 10X odds and once I'm up I go back to 30X odds. I've had one very succesful session where i won big using this strategy, one where i gott absolutely slaughtered, and one where I won a little bit but had been chasing my losses for so many hours that I decided to leave once I was up $200

So my question is, at what point do you go crazy on your odds? When you are even, up a little bit, or way up? I wouldn't be surprised if some people go crazy on them when they are down trying to recoup their losses.

Certainly "x-odds" is an important consideration...When he can the Tough Craps player looks for the best deal he can find so as to keep his line (p&c) bets as low as possible in order to get his bet...You are very fortunate to have 100x odds...The TC player's local joint allows only 5x odds...The TC strategy is not, however, organized around "x-odds" per se but rather dollar amounts...Indeed when losing (or "pretending" to be losing)---which is the vast majority of the time---even 5x odds is not reached until after 3 wins...

For the Tough Craps player pass and come bets are simply "vig"...when he talks about a "bet" he means the ODDS BET (or other no-vig bets, eg free buys on the 4 & 10 available some places)...

The Tough Craps betting progression is two-fold: the bets themselves are progressed on every win (indeed with only one exception always <sic> pressed)...and the bankroll itself is progressed...The progression is RELENTLESS and FOREVER...it would end only when the limit (posted or negotiated) of the bookmaker (casino) is reached (known as the "Tough Craps Fantasy")...that fantasy excepted, by definition the TC player WILL ALWAYS LOSE HIS LARGEST BET...

Not unlike your strategy, guitarman, the dollar amounts are adapted to whether or not one is ahead or is behind (or "pretending" to be behind) and by how much...To your question i will start with the most common situation, that of being behind...a reminder too we are talking only about the odds bet here...the required p & c bets are ignored for all strategic purposes (for example your $5 pass line bet would still be $5 dollars even after, say, 43 consecutive 7s or 11s...it would not progress or be pressed...it is vig)...the odds bet progression when behind then goes like follows:

$5(or $6 on the 5/9)-->$15 ($16)-->$15($16)-->$25 ($26*)-->$40-->$50-->$75 ($76*)-->$100-->$150-->$200-->$300-->$400-->$500-->$750-->$1000-->$1500-->$2500-->$4000-->$5000-->$7500-->$10000...
*the local joint will not allow more than $1 over 5x odds to make it even for the 5 and 9
Further refinement is applied with respect to the number of bets to be limited to depending upon the status of the ($500) bankroll but these details are overkill for the scope of this already-your-eyes-are-glazed-over narrative...these refinements as to the number of p&c points apply below as well

When even, including of course when you very first walk up to the rail, or ahead +$1 to +$299 the progression is:

$10-->$30-->$30-->$50-->$75 ($76* or $80)-->$100-->$150...and so on as above

When +$300 to +$899 ahead:

$20-->$60-->$60-->$100-->$150-->$200...and so on as above

When +$900 to +$1799 ahead:

$30-->$100-->$100-->$150-->$200-->$300-->$400-->$500...and so on

When $1800 to +$3299 ahead:

$50-->$150-->$150-->$250-->$400-->$500-->$750...

$3300 to $6299 ahead:

$100-->$300-->$300-->$500-->$750-->$1000...

The Tough Craps player carries in his billfold a chart that goes all the way up to +$40,800 (the bet is $1000-->$3000-->$3000-->$5000 etc and coming out on up to 5 numbers! lol)
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The TC player constantly tracks the bankroll and does so in $100 increments...whenever he is +$300 or more ahead and at the end of a losing hand the bankroll has fallen below a $100 threshold, he will "drag" (pocket) $100 for each $100 he has lost...IOW the BR may now "look like" it is less than $500 even though with the money in your pocket you are in reality still ahead but you will continue play as if you are behind and revert to the $5 start...if you didnt do this, you could NEVER win....it is the Tough Craps equivalent of "quitting while you are ahead"...
tom "home runs are sometimes boring" p