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Ain't got WinCraps.
Ain't got no idea what you are talking about.
A Field Bet at 44 % ??? Its nowhere near that high.
Now you be talkin' something 'bout Field Rolls and No-Field Rolls, so i'ze want to asks you "do the dice know the difference and remember what they've recently rolled? If so, do the dice know that you are lurking nearby and are about to make a field bet?
Quote: sarah.hrubySo what's to stop someone from betting after each sequence of 2 non field rolls? Wouldn't that bet pay out 83% of the time? simple.
2 non field rolls didn't make the 3rd roll more likely to win
those percentages are based on the long run - thousands or millions of rolls
each roll is an independent trial - 𝒕𝒉𝒆 𝒅𝒊𝒄𝒆 𝒉𝒂𝒗𝒆 𝒏𝒐 𝒎𝒆𝒎𝒐𝒓𝒚
each roll carries the same disadvantage - the same negative expectancy
your thought has been around forever - it even has a name - the patience or waiting system - it has zero validity
if something seems too good to be true it probably isn't true
have fun playing craps - even with a disadvantage you can sometimes win
Good Luck
each roll carries the same disadvantage - the same negative expectancy
your thought has been around forever - it even has a name - the patience or waiting system - it has zero validity'
so on the one hand "those percentages" work "over thousands or millions of rolls"
but for a short period of time they don't work? that makes absolutely no sense
Quote: sarah.hruby
so on the one hand "those percentages" work "over thousands or millions of rolls"
but for a short period of time they don't work? that makes absolutely no sense
it makes perfect sense
imagine if it were true that 1 out of 25 people your age had cancer
the Doctor lines up 25 people to take a blood test to determine if they have cancer
the first 24 don't have cancer - you're next - do you think that means you're very likely to have cancer?
good news - you're not likely to have cancer - the same 4% chance applies to you - again, those percentages are only valid for the long run
Quote: sarah.hrubyOK, but if you lined up 75 people, and you had a chance to bet weather one of them had cancer out of all 75, I'd take that bet. (assuming 4 percent cancer rates) Especially if I could make it over and over again
yes, and if a bookie or casino priced that bet they would price it so that when you win you would get paid less than the true odds indicate
if you bet $100 and got paid back even money it would be a great bet
but it won't be priced that way
if you bet $100 and win only a very small amount when you win (the book or casino would figure it out exactly so that the bettor has a disadvantage) it would not be a good bet
it requires a lot of work and discipline to acquire and profit from these skills
these players refer to themselves as APs or advantage players
it is difficult, and many who try it do not succeed for various reasons
these are the bogus ways of winning at gambling that are all over the internet and are recommended by scammers and other ill informed people as being winning methods
stop loss - the false belief that this will reduce your losses - it can't unless you decide to never come back and play
stop win - the false belief that limiting your win size for the day can in any way help you - it can't unless you never come back -
betting progressions - altering the size of the bet to recover losses or increase wins - cannot survive the long run - the house edge will eventually get you
betting based on patterns - bet selection - the false belief that patterns from the past will continue in the future - i.e. baccarat decisions have been alternating so they will continue to alternate
winning by intuition - the false belief that you can "know" when you are going to start winning and should then increase the size of your bets or leave the table if you "know" you are going to lose
falsely believing that something is due to happen i.e. - if the first dozen hasn't hit in roulette in 15 spins then it is "due" to come out next
these are some of the main ones - I may have missed a few
Quote: sarah.hrubyI'm relatively new to craps. I think about it and run wincraps files more than I actually play. I've been overseas for awhile and my brain is going crazy. I only have my mac and I can't test this (wincraps is windows only dur) . So- here's my question/theory. Are cumulative odds a thing or aren't they? For example, if the odds of winning a field bet in a single roll are 44.4% (i think?) . the odds of hitting the field at least once in 2 rolls is 60%. At least once in 3 rolls - 83%? roughly. So what's to stop someone from betting after each sequence of 2 non field rolls? Wouldn't that bet pay out 83% of the time? This seems ridiculously simple. Please tell me how I'm wrong here. Thanks! Oh, and if you have access to wincraps could you run it for me?
You aren’t betting that you would hit the field bet in three rolls. You are betting that it would happen after two of the rolls have already been made. That is a different proposition.
Quote: sarah.hrubyOK, but if you lined up 75 people, and you had a chance to bet weather one of them had cancer out of all 75, I'd take that bet. (assuming 4 percent cancer rates) Especially if I could make it over and over again
The key here is that you're betting on all 75 people - not just the last 25. In your craps example, you'd have to bet on all 3 rolls. Even if the 3rd one was more likely to win (it isn't), your losses on the first two rolls would still offset any wins on the 3rd.
The probability of tossing five heads in a row is (1/2)5 = 1/32.
However, the probability of tossing four heads in a row and then tossing tails is (1/2)4 (for the first four tosses) x 1/2 (for the fifth toss) = 1/32.
Quote: lilredroosterthere are some ways to win at gambling
By definition, the only way to win at gambling is to stop while you are ahead.
Gambling is defined by negative expectations, and you will lose given enough events for every form of gambling that there is.
Once you have a positive math expectation, all of a sudden it has a new name: investing.
This leads to the following conclusion: stop gambling and start investing.
Good day.
Quote: lilredroosterit makes perfect sense
imagine if it were true that 1 out of 25 people your age had cancer
the Doctor lines up 25 people to take a blood test to determine if they have cancer
the first 24 don't have cancer - you're next - do you think that means you're very likely to have cancer?
good news - you're not likely to have cancer - the same 4% chance applies to you - again, those percentages are only valid for the long run
Minor thread hijack.... When I did labor epidurals I would quote 1% as the chance of getting a spinal headache. I would jokingly add my last 99 patients were headache free!
Public perception onlyQuote: FleaStiffA Field Bet at 44 % ??? Its nowhere near that high.
I asked many at Craps tables, over the years, about the winning probability of the Field bet and MOST said about 20%.
Their opinions based on what they have seen - so they said.
2 out of 10 or about 20 out of 100 rolls.
asked the winning probability on a PLace 6 (not counting the pushes) and got
the probability of 60%
Field win probability = 16/36 = 44.44%
Place 6 win probability = 5/11 = 45.45%
a difference of 1/99 or about 1%
OP can run Wincraps on a Mac as there are many programs, free ones, that make it possible.
many run windows programs on a MacQuote: sarah.hrubyI'm relatively new to craps. I think about it and run wincraps files more than I actually play. I've been overseas for awhile and my brain is going crazy. I only have my mac and I can't test this (wincraps is windows only dur) .
they are a 'thing' so is cumulative probabilitiesQuote: sarah.hrubySo- here's my question/theory. Are cumulative odds a thing or aren't they?
(Odds and probabilities are not the exact same but are closely related)
16/36 to be exact or close to 44.44% probability of winning on any 'one roll'Quote: sarah.hrubyFor example, if the odds of winning a field bet in a single roll are 44.4% (i think?) .
closeQuote: sarah.hrubythe odds of hitting the field at least once in 2 rolls is 60%.
1-(20/36)^2= 56/81 = close to 69.1358%
nothing really unless not enough to make the minimum table bet.Quote: sarah.hrubySo what's to stop someone from betting after each sequence of 2 non field rolls?
You mean the very next roll after 2 non-Fields?Quote: sarah.hrubyWouldn't that bet pay out 83% of the time?
No. that is where you are wrong.
the 83% is for the next 3 rolls (or any 3 rolls), not the very next roll.
just think about it
next, roll
When I was 17 I was skeptical that after two heads in a row, heads and tails were equally likely. So I wrote a computer program to simulate it. Conclusion: After two heads, heads and tails are equally likely. In your example, if the odds of winning a bet are 44.4% on one roll, they're always 44.4% on the next roll. The article I linked to explains why.
Assume the last 2 rolls were “non-field”. Or assume the last 2 rolls were field. Or assume 1 of the last 2 rolls was field and the other was non-field. Actually, assume anything you want about any previous roll.Quote: sarah.hruby. At least once in 3 rolls - 83%? roughly. So what's to stop someone from betting after each sequence of 2 non field rolls? Wouldn't that bet pay out 83% of the time?
Regardless, you will have an ~83% chance of winning the field bet at least once in the next 3 rolls
I ran WinCraps on my Mac.
I don’t remember the program I used but it was a cheap program.
Also, if you own a copy of windows, MAC used to be able to boot in Windows.
Quote: Leonel777Who is>?
Knock, knock.