100x odds at Cromwell
April 25th, 2016 at 12:30:16 PM
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Just saw this on twitter:
Quote:As @meltzvegas noted yesterday, Cromwell now has 100x craps odds up to $5k. Last night they had $5 table. Other Caesars still 3-4-5x.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
April 25th, 2016 at 1:37:54 PM
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Quote: AcesAndEightsJust saw this on twitter:
Quote:As @meltzvegas noted yesterday, Cromwell now has 100x craps odds up to $5k. Last night they had $5 table. Other Caesars still 3-4-5x.
Anyone want to lend me $5050? I will split the winnings 85-15 with you. 85 to me of course! :)
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
April 25th, 2016 at 1:39:12 PM
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That's crazy. Can someone confirm?
Regarding the $5 table, I'm pretty sure they allow the pit/supervisor to change the min at will and they will not grandfather. I was playing at a $10 table, was informed it would be upped to $15, but nothing happened after 15 minutes and we were told that she (looked/pointed at pit/supervisor) changed her mind. People should not be thinking that they're going to turn into a Casino Royale, those minimums will be $15-25 as soon as they fill up.
Regarding the $5 table, I'm pretty sure they allow the pit/supervisor to change the min at will and they will not grandfather. I was playing at a $10 table, was informed it would be upped to $15, but nothing happened after 15 minutes and we were told that she (looked/pointed at pit/supervisor) changed her mind. People should not be thinking that they're going to turn into a Casino Royale, those minimums will be $15-25 as soon as they fill up.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
April 25th, 2016 at 5:01:28 PM
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I will lend you $5050. I want the 15 whether or not you win or lose. You seem to be a winner, I got faith in you....!Quote: PokerGrinderQuote: AcesAndEightsJust saw this on twitter:
Quote:As @meltzvegas noted yesterday, Cromwell now has 100x craps odds up to $5k. Last night they had $5 table. Other Caesars still 3-4-5x.
Anyone want to lend me $5050? I will split the winnings 85-15 with you. 85 to me of course! :)
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
April 25th, 2016 at 5:18:15 PM
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Cool, I can Load the Bases for $3030. Take it home from there.
April 25th, 2016 at 5:26:51 PM
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Quote: ahiromuThat's crazy. Can someone confirm?
Regarding the $5 table, I'm pretty sure they allow the pit/supervisor to change the min at will and they will not grandfather. I was playing at a $10 table, was informed it would be upped to $15, but nothing happened after 15 minutes and we were told that she (looked/pointed at pit/supervisor) changed her mind. People should not be thinking that they're going to turn into a Casino Royale, those minimums will be $15-25 as soon as they fill up.
I'm the one linked to in the tweet. I was coming here to post the news.
There was some discussion on Twitter about it yesterday so I went there and the other Caesars down there around 11pm last night. Cromwell had a $5 and $10 table open. The max odds are $5,000. I can't comment on raising limits and grandfathering. I believe Casino Royale caps odds at $500.
All of the other Caesars I went in were 3-4-5x so this is exclusive to Cromwell. The company must want to get gaming up at Cromwell. It has several $15 3-2 blackjack games in the front with surrender/DA/DAS and others in the back. I suspect those go down to $10 during the day. The split may be 50/50 with 6-5. They also have the standard CET $100 S17 game in high limit.
NSUD, 9/7/4 TDB and 9/6 JOB are available among other 99.5% games in quarters but TR is $50 = 1pt. Those machines are towards Flamingo from the craps table. Nobody was playing them last night.
Last edited by: Pokeraddict on Apr 25, 2016
April 25th, 2016 at 7:53:56 PM
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Great development. I hope it lasts for a while.
They may be trying to drive big action to the Cromwell. I saw a little bit of that last time I was there; not much. Saw a guy take $200 up to $10k+ on craps.
Will they ever pay triple the 12 on the field, too?
They may be trying to drive big action to the Cromwell. I saw a little bit of that last time I was there; not much. Saw a guy take $200 up to $10k+ on craps.
Will they ever pay triple the 12 on the field, too?
Last edited by: teddys on Apr 25, 2016
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
April 25th, 2016 at 11:59:37 PM
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I don't know who makes the rules & stuff.....but maybe if the Cromwell sees more action relative to what they expect vs their other Caesars properties....as a whole, Caesars may wise up and think it'd be better to offer better games with better rules, etc etc.
$10 3:2 BJ w/ LS, 99.5%+ quarter VP, 100x odds on slots.....it really doesn't get any better than that!
Maybe we should all push some heavy action through there, so Cromwell looks good, making other properties re-evaluate their shitty games and put some better games in.
$10 3:2 BJ w/ LS, 99.5%+ quarter VP, 100x odds on slots.....it really doesn't get any better than that!
Maybe we should all push some heavy action through there, so Cromwell looks good, making other properties re-evaluate their shitty games and put some better games in.
April 26th, 2016 at 5:23:21 AM
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I've always been surprised at how little action cromwell seems to get. It's right there on the strip (great atmosphere) and the dealers are above average.
Thanks for reporting this, I'll make sure to give them some action if it's still around in a month.
Thanks for reporting this, I'll make sure to give them some action if it's still around in a month.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
April 26th, 2016 at 5:44:12 AM
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Moved this from a generic thread about 100x odds and why Cromwell would offer it; seems more pertinent here.
I think CET has that kind of action available to them routinely, assuming the guys with the money will place the bet. I've played Harrah's LV craps 3x now, and twice there were one or more 7stars throwing purple ($500) on the field (!) on $10 tables. If they can do that, they can definitely take max odds if they're offered. And I kind of assume, with no info to back it up, that those bettors are the ones being targeted with the Cromwell's changing that.
I think CET has that kind of action available to them routinely, assuming the guys with the money will place the bet. I've played Harrah's LV craps 3x now, and twice there were one or more 7stars throwing purple ($500) on the field (!) on $10 tables. If they can do that, they can definitely take max odds if they're offered. And I kind of assume, with no info to back it up, that those bettors are the ones being targeted with the Cromwell's changing that.
If the House lost every hand, they wouldn't deal the game.
April 26th, 2016 at 7:25:53 AM
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Quote: BasesLoadedCool, I can Load the Bases for $3030. Take it home from there.
User name checks out.
April 26th, 2016 at 7:46:55 AM
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I'm disappointed @100xOdds hasn't posted in this thread. :(
April 26th, 2016 at 8:40:04 AM
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Quote: RSI'm disappointed @100xOdds hasn't posted in this thread. :(
He's still knocking off that single 2x on UX :-)~
Last edited by: Ibeatyouraces on Apr 26, 2016
DUHHIIIIIIIII HEARD THAT!
April 26th, 2016 at 11:17:24 AM
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This change to 100x odds must be because of AP activity, why else would a casino change things :)
Happy days are here again
April 26th, 2016 at 1:12:03 PM
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Do they still have the "short" table in the back? This is a great opportunity for the D.I. tribe to cash in big.
Simplicity is the ultimate sophistication - Leonardo da Vinci
June 28th, 2018 at 9:14:27 PM
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I recently stayed at Cromwell solely due to 100x odds. Nice place, though it’s not a grand casino hotel like Bellagio. The room was very well furnished though small by strip standards. Beautiful pool area. The gym is unremarkable unless you only do machines.
Only one Craps table until about 8pm when they open one or two more. The minimum was always $10, even midday weekday. Usually very full, rare to see someone taking over 10x odds.
Only one Craps table until about 8pm when they open one or two more. The minimum was always $10, even midday weekday. Usually very full, rare to see someone taking over 10x odds.
It’s all about making that GTA
June 28th, 2018 at 11:00:18 PM
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It’s the only place I play craps in LV. It’s the only 100x odds game remaining in LV.
Great location on the strip.
Great location on the strip.
June 29th, 2018 at 12:45:34 AM
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As good a reason an any. Most casinos that offer 100x odds on craps make their money from that large sign on the marquee, not at the craps table. Few players, even those simply thrilled to be playing at a 100x table, ever go beyond 10x. Perhaps this is what they usually can do and therefore feel comfortable with it.Quote: Ace2I recently stayed at Cromwell solely due to 100x odds.
>>>> Nice place, though it’s not a grand casino hotel like Bellagio.
It does not pretend to be.
>>>> The room was very well furnished though small by strip standards.
Yes. Its usually the craps player's spouse who wants a room that is palatial. All I want is one that is bigger than a prison cell.
>>> Beautiful pool area.
Whether you go for a dip, a bit of sun or to gaze at the scenery, its nice to have a pool but I'd make headlines about a Vegas Tsunami if I went near a swimming pool.
>>>> The gym is unremarkable unless you only do machines.
Some people like to exercise so as to sweat all the alcohol out of their system but whenever I feel a desire for exercise, I lay down until the fit passes..
>>>>Only one Craps table until about 8pm when they open one or two more.
Well that is significant but as long as its not too crowded you are saving money rather than playing at an empty table where Dame Fortune applies her edge to you constantly. Of course at 100x odds, if you actually take them, Dame Fortune's edge is only 0.06 per cent and no one will ever get better odds in Vegas than that!!
June 29th, 2018 at 1:11:09 AM
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What’s the expected loss on a $10 line bet?
What’s the expected loss on a $10 line bet with $1000 odds?
The same.
What’s the expected loss on a $10 line bet with $1000 odds?
The same.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
June 29th, 2018 at 1:26:56 AM
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If lightning strikes, I'd prefer it strike when I have an odds bet in play.Quote: DeMangoWhat’s the expected loss on a $10 line bet?
What’s the expected loss on a $10 line bet with $1000 odds?
The same.
NOTE: I do not want to derail this away from its emphasis on the Cromwell, but I've recently heard that Ocean Resorts in Atlantic City has a TEN dollar table with 10x odds but you must either have a ZERO odds bet or a an odds bet of TEN times your passline bet, nothing in between.
June 29th, 2018 at 10:48:09 AM
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Quote: DeMangoWhat’s the expected loss on a $10 line bet?
What’s the expected loss on a $10 line bet with $1000 odds?
The same.
True, but misleading.
Most players have a budget per bet, and people rarely just bet the minimum. Let’s say the budget is $150 per bet. On lower odds game, to reach that $100 allowance, they would have to up their line bet, thus increasing the expected loss.
For example, $25 + $125 odds versus $10 (min) + $140. Same amount of action, but greater expected loss on the first bet.
June 29th, 2018 at 11:37:57 AM
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Quote: klimate10
For example, $25 + $125 odds versus $10 (min) + $140. Same amount of action, but greater expected loss on the first bet.
You are right the expected loss rises from 14 cents to a whopping 35 cents.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
June 29th, 2018 at 2:33:56 PM
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You may be correct on your math. You know that with my skills I'm going to have to trust you on that but for someone named fleastiff .... well, its not a whopping amount but it sure ain't peanuts either.Quote: DeMangoYou are right the expected loss rises from 14 cents to a whopping 35 cents.
June 29th, 2018 at 2:48:04 PM
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That’s a 150% increase in house edge, roughly the same increase as going from a 3:2 blackjack table to a 6:5 table. Are you saying that’s immaterial to you ?Quote: DeMangoYou are right the expected loss rises from 14 cents to a whopping 35 cents.
It’s all about making that GTA
June 29th, 2018 at 3:26:12 PM
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Quote: DeMangoYou are right the expected loss rises from 14 cents to a whopping 35 cents.
Lol.
This mentality is why 6:5 BJ is here permanently (assuming you’re a player; if you’re the house, I don’t fault you).
Using that same line of reasoning, I guess 6:5 BJ is a great deal, too. On a $25 6:5 BJ bet it’s only an expected loss of 25 cents versus 8 cents for 3:2 BJ. It’s only a measly 17 cents.
Last edited by: klimate10 on Jun 29, 2018
June 29th, 2018 at 7:30:19 PM
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Quote: Ace2That’s a 150% increase in house edge, roughly the same increase as going from a 3:2 blackjack table to a 6:5 table. Are you saying that’s immaterial to you ?
Yes it is. So if we are going apples and oranges a $25 blackjack pays $37.50 vs $30 at 6:5. $7.50 per 15 minutes ( at 4 bj’s per hour) That’s $30. Playing by yourself at a craps table there can be as many as 60 decisions in an hour. 60 times 21 cents is 12 bucks. Good luck finding 60 decisions in an hour with crowded tables.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
June 29th, 2018 at 9:12:30 PM
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So at $30 per hour let’s say 6:5 will cost you about $500 over the course of a weekend trip to Vegas. That may be immaterial to you, but not to other people at a $25 table.Quote: DeMangoYes it is. So if we are going apples and oranges a $25 blackjack pays $37.50 vs $30 at 6:5. $7.50 per 15 minutes ( at 4 bj’s per hour) That’s $30. Playing by yourself at a craps table there can be as many as 60 decisions in an hour. 60 times 21 cents is 12 bucks. Good luck finding 60 decisions in an hour with crowded tables.
Of course no one cares about 21 cents on its own. But 21 cents accruing every minute of your gambling life adds up to a lot.
If you’re playing a couple come bets you’re easily at 60 resolutions per hour.
It’s all about making that GTA
June 29th, 2018 at 9:19:18 PM
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Quote: FleaStiff
NOTE: I do not want to derail this away from its emphasis on the Cromwell, but I've recently heard that Ocean Resorts in Atlantic City has a TEN dollar table with 10x odds but you must either have a ZERO odds bet or a an odds bet of TEN times your passline bet, nothing in between.
As FleaStiff..don't want to derail the topic, but I've never ever any place heard of a minimum odds of ten times being required. Makes no sense at all. Can someone please confirm this. Thanks and kind regards.
June 29th, 2018 at 9:34:04 PM
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No one is playing at a $25 table, doing 100x odds. And if they were, they still sure as hell would not worry about that whopping 21 cents!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
June 30th, 2018 at 2:48:50 AM
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Most of my posts don't make sense.Quote: NokTangMakes no sense at all.
Though I'm hesitant to comment here about Gilpin in BlackHawk, I'd wonder what the math is between a ten dollar table with odds versus a Gilpen two dollar table with 50x odds.
June 30th, 2018 at 3:33:13 AM
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Quote: FleaStiffMost of my posts don't make sense.
Your post made perfect sense...What didn't was that a casino would have a craps table only offering ten times odds, no single, double, triple etc. accepted. I remain in misery and flabbergasted as beating one's own head against a urine soaked concrete wall in the Philippines only cures certain ailments..understanding this rule by a casino isn't one of them.
June 30th, 2018 at 6:04:51 AM
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Wow Sure hope I never go to the Philippines.
The only reason I can think of is SPEED and the dolts inside that Eye in the Sky being unable to compute payoffs that are 2x or 6x or something. So the casino decided to make it 10x or Zip.
As to that Gilpin casino in Black Hawk with its two dollar table at 50x odds; I don't know why I keep spelling it Gilpen, I do know that it is Gilpin but somehow my keyboard has a mind of its own.
The only reason I can think of is SPEED and the dolts inside that Eye in the Sky being unable to compute payoffs that are 2x or 6x or something. So the casino decided to make it 10x or Zip.
As to that Gilpin casino in Black Hawk with its two dollar table at 50x odds; I don't know why I keep spelling it Gilpen, I do know that it is Gilpin but somehow my keyboard has a mind of its own.
June 30th, 2018 at 6:48:40 AM
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Can anyone contact TravelZork in Vegas?
I understand that they sent a representative to the one-day early Soft Opening of Ocean Resorts (nee Revel) and that the person they sent there is the one who reported that there was a Five dollar craps table with 5x odds and also a Ten dollar craps table with 10x odds but that the Ten dollar table was limited to either 0x or 10x with nothing in between accepted.
I understand that they sent a representative to the one-day early Soft Opening of Ocean Resorts (nee Revel) and that the person they sent there is the one who reported that there was a Five dollar craps table with 5x odds and also a Ten dollar craps table with 10x odds but that the Ten dollar table was limited to either 0x or 10x with nothing in between accepted.
July 3rd, 2018 at 10:22:53 AM
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Quote: DeMangoYou are right the expected loss rises from 14 cents to a whopping 35 cents.
That's a pretty significant difference over time.
I can play 2.5 times as many hours at 14 cents a decision as I can at 35 cents a decision.
I'm also more likely to leave the table a winner under the 100x odds situation.
Betting 100x is too much money for me unless I found a ten-cent table. But if I wanted to bet say $200 at a time, it would be nice to be able to bet more of that at a better price.
