first post here. i have been thinking about this situation but i cannot come up with a certain answer because my math is not good enough.
consider a 3 dice set automatic sic bo game which 2 of the dice is getting used for a simultaneous automatic craps game. the Sic bo's payouts are very good (Australian style) and in one case even better: 1 to 12 for doubles. my question is, can this situation be used to hedge craps bets like DP bet in come out roll or hedge 7 in Iron cross system? in general, mathematically speaking, can we benefit from this situation playing craps? i know that hedging by hard ways is a bad idea but what about hedging by a bet with a house edge as low 2.78% (domino bets in Sic bo)?
thank you in advance :)
I'm not really a math guy, either, but a 2.78% edge for a hedge bet doesn't sound very good....
yeah compare to line bets which carry 1.4 percent it sounds kind of high but compare to proposition bets or hard way bets with 2 digits percent house edges it sounds a pretty descent bet. roulette has the same house edge.
I examined every possibility with these machines in terms of hedging and there is no value that I was able to determine
There are many ways you can do it. Again wont beat the house edge in the long run
Here is one way:
Bet $10 on each double dice combo in Sic Bo in coordination with a $60 passline bet. Two 2's, two 3's etc. Thats $60 wagered on SicBo and $60 on Craps
If the roll results in 2 or 12 you lose the paasline but win $70 on SicBo (5 out of six SicBo bets lose so -$50 but the double 2's or double 12's one wins $120). Subtract the $60 you lost in craps for a $10 profit
If the roll is 7 or 11 win $60 in Craps. 2/3 chance that simply offsets $60 lost at sicbo (7 or 11 results in non-matching die) but the 3rd die could match one the two Craps die. 2/3 chance of a push and 1/3 chance of $130 win
Rolling 3 craps is 2/3 chance of $120 loss but if the 3rd die matches the Craps die then its a push
Rolling 5 or 9 is 2/3 chance of $60 loss in sicbo with the number placed (presumably you would take free odds here)
Rolling 4,6,8,10 has a slightly better chance since hardways means you automatically win the sicbo bet while getting your number placed
Above is just one example. There are others it looks exciting but no player edge from playing both simultaneously
I always play craps. It is really easy to choose 2 or even more games to play at the same time. You can switch between the game by a single click. There is a 30 seconds time gap between the rolls.