klimate10
klimate10
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May 20th, 2018 at 11:21:39 PM permalink
I read in an old 2016 thread that the Cromwell and/or the Flamingo has a no vig 4 and 10.

Also the Downtown Grand has a no vig 4 and 10, allegedly.

Can anyone verify any of the above info?

I was just at the Cromwell this weekend and didnít see that old thread until after I left.
GlenG
GlenG
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May 21st, 2018 at 12:07:29 AM permalink
Quote: klimate10

I read in an old 2016 thread that the Cromwell and/or the Flamingo has a no vig 4 and 10.

Also the Downtown Grand has a no vig 4 and 10, allegedly.

Can anyone verify any of the above info?

I was just at the Cromwell this weekend and didnít see that old thread until after I left.



Bought and paid no vig? Or 4/10 pays 9:5 regardless of the bet?
FleaStiff
FleaStiff
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May 21st, 2018 at 1:50:36 AM permalink
I get confused about this mainly due to my arithmetic deficiency.

The Odds of the event occurring are 2:1

If you PLACE either the FOUR or the TEN and win you will get paid 9:5.
If you BUY the true odds, you will get paid 2:1 which can also be expressed as 10:5. So you are "buying" that extra payout to go from a Place Bet to a Buy Bet or to go from 9:5 to 10:5 payout.

Obviously there are three options that casino has in allowing you to do this:

Charge you no commission at all out of the goodness of their sweet little hearts.
Charge you a commission at the time you make the bet, which means you pay that commission even if the bet loses.
Charge you a commission at the time you win the bet.
klimate10
klimate10
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May 21st, 2018 at 6:03:55 AM permalink
Quote: GlenG

Bought and paid no vig? Or 4/10 pays 9:5 regardless of the bet?



Usually when people say Ďno vigí, they meanitís a free buy bet. The 4 and 10 pay 2-1, but there is no 5% commission.

Otherwise, itís just called a place bet on the 4 and 10.

The Sandia casino in NM has this game, as does the Santa Ana Star in Albuquerque, NM.
Jmarch79
Jmarch79 
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May 21st, 2018 at 6:18:55 AM permalink
If you are referring to free buy bets (not paying the vig both when placing the bet and collecting a winning wager) all three casinos mentioned do not offer this.

Downtown Grand did for a stretch, but ended it a while ago. To my knowledge, the Cromwell or Flamingo never offered free buy bets. It is worth mentioning that the Cromwell does offer 100X odds on craps (typically with a $5 or $10 minimum.)
FleaStiff
FleaStiff
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May 21st, 2018 at 6:25:16 AM permalink
Quote: Jmarch79

It is worth mentioning that the Cromwell does offer 100X odds on craps (typically with a $5 or $10 minimum.)

That is good to know but is of use only to those who have the resolve to actually make use of ultra high odds bets so as to get a 0.06 house edge which is as close to no house edge at all as you will ever get in Vegas.
klimate10
klimate10
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May 21st, 2018 at 6:37:38 AM permalink
Quote: FleaStiff



Charge you no commission at all out of the goodness of their sweet little hearts.



Itís a promotion, kind of like 100x odds, but much worse for the house than 100x odds bc the house loses out on revenue they would normally collect.
Last edited by: klimate10 on May 21, 2018
klimate10
klimate10
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May 21st, 2018 at 7:02:28 AM permalink
Quote: Jmarch79

If you are referring to free buy bets (not paying the vig both when placing the bet and collecting a winning wager) all three casinos mentioned do not offer this.

Downtown Grand did for a stretch, but ended it a while ago. To my knowledge, the Cromwell or Flamingo never offered free buy bets. It is worth mentioning that the Cromwell does offer 100X odds on craps (typically with a $5 or $10 minimum.)



Thanks. I happen to run across the someoneís thread on WOV. Thread was from 2016 and piqued my interest.

I was just at the Cromwell this weekend for a short while bc of a business trip. For a Saturday, it was dead in there. For whatever reason, the Cromwell isnít doing well. The line for the Drais beach club had like 40 people. Maybe they need to loosen their comp policy bc theyíre tight with the comps.
klimate10
klimate10
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May 21st, 2018 at 7:07:54 AM permalink
Quote: FleaStiff

That is good to know but is of use only to those who have the resolve to actually make use of ultra high odds bets so as to get a 0.06 house edge which is as close to no house edge at all as you will ever get in Vegas.



I play full odds at 100x, and Iím usually the only guy playing max odds. It always puzzles me that people would rather play $1000+ place bets than full odds.

In the high limit rooms and at places like Caesars, there are black and purple bettors all over the place. These guys could be max odds bettors at another casino. They love the trappings of opulence, I guess.

Also, part of it comes down to the fallacy that odds bets are terrible because you have to hit the number twice, whereas a place bet, you only have to hit it once.
Jmarch79
Jmarch79 
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May 21st, 2018 at 7:59:30 AM permalink
Quote: klimate10

Maybe they need to loosen their comp policy bc theyíre tight with the comps.



Welcome to CET. By far the tightest with comps for table games players (unless you fall into the high end premium player category.) If you a mid to higher level table games player on the strip, the MGM resorts are much friendlier in terms of comps.

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