eljefe3126
eljefe3126
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August 1st, 2020 at 3:16:20 PM permalink
The title says it all. I want to make the same bet all night, have it working whenever it is usually on, and have the lowest loss for the time spent. Assume a $5 table.

$5 Don't Pass is good, but I think I can do better.

$6 Place the 6 (or 8). Bet sits on the table roll after roll until resolved, but settles less often than Pass/Don't Pass. Slightly more loss per roll, but more rolls to resolve.

If the table minimum is high enough, $20 Buy the 4 (or 10) is even better, but not for a low-limit table with the vigorish rounded up to $1.

Did I miss anything? I would probably play $5 Don't Pass when it was my turn to shoot. The additional loss from that would be measured in pennies, especially if the table was full and it took a lot of rolls for the dice to come around.

At some multiple of the table minimum, Don't Pass + Odds is better (less loss) than putting more money on a Place bet, but not if you're just limping along at the minimum.
ChumpChange
ChumpChange
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August 1st, 2020 at 6:14:05 PM permalink
I've had my best table luck betting the DC with a 5 count starting from roll #4 with the point being established as roll #1. Reset the count on a new shooter come-out point. This is at tables where 8 out 12 shooters have crappy hands. I'm finding trying to bet on roll #3 runs into the point, number, 7-out run, so I lose. I can win 21 units ahead in 2-3 hours or less. I'd be trying to quadruple my $200 buy-in with that kind of luck on a progression.

I'll bet the PL when I'm shooting because I can on occasion throw a bunch of 7-11's on the come-out.

I like the idea of betting the Place Bet 6 or 8 over betting the Passline when others are shooting, but sharpshooters may be trying to make their prop bets or hardways instead of trying to make regular numbers, and random rollers couldn't roll a 6 or 8 even with a flying V in their set when they toss.

I'm under the impression table minimums have risen during the near quarantine. So $5 tables are $10-$15, $10 tables are $15-25 tables, and $15 tables are $25+ tables.
I could buy-in with 10 bets for $150 at a $15 table to last me 30-90 minutes before I double or nothing my buy-in, but I might need 3 sessions worth of money.

My record for winning the PL at the tables is 9 times in a row, and maybe 8 times on a PB 6 or 8, but I'm figuring out charts that go to winning 12 or 14 times. I try to win 10X my bet in 6 or 7 wins in a row using a progression.
Last edited by: ChumpChange on Aug 1, 2020
Ace2
Ace2
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August 1st, 2020 at 8:08:19 PM permalink
The edge per roll is 0.40 % for the don’t pass bet and 0.46% for place 6/8.

Here’s a table

https://wizardofodds.com/games/craps/appendix/2/
It’s all about making that GTA
eljefe3126
eljefe3126
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August 2nd, 2020 at 12:22:06 AM permalink
I was using the table previously posted to this forum here:

/spreadsheets/d/1JoF5S1QiHJl7-myQXFk0nIBDOfQBjC989YM7DY1AYnE/edit#gid=0

I may need to reconsider the "resolved bets per hour" column on that chart.
eljefe3126
eljefe3126
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August 2nd, 2020 at 6:43:15 PM permalink
Deleted post.
eljefe3126
eljefe3126
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August 2nd, 2020 at 6:43:15 PM permalink
Remove spaces and paste in URL line.

https: // docs.google.com/spreadsheets/d/1JoF5S1QiHJl7-myQXFk0nIBDOfQBjC989YM7DY1AYnE/edit?usp=sharing

(Craps Spreadsheet)

I'm beginning to question the information in the "bets per hour" column of this chart.
charliepatrick
charliepatrick
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August 3rd, 2020 at 8:57:39 AM permalink
Quote: Ace2

The edge per roll is 0.40 % for the don’t pass bet and 0.46% for place 6/8.

Here’s a table

https://wizardofodds.com/games/craps/appendix/2/

The problem is this isn't apples and oranges. OP wants time rather than action, so a place bet (which doesn't work on the come out) is better. Pass/Don't Pass is always active so the House Edge per roll always takes effect. With a place bet (even if it's $6 rather than a $5 P/DP) it only starts to lose the House Edge after the point has been established.
eljefe3126
eljefe3126
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August 3rd, 2020 at 12:32:03 PM permalink
That's it exactly. If the shooter wins his point, the place bet stays on the table during the come out roll, but doesn't work. So, it only works on about 70% of the rolls instead of 100% like a pass line bet. It "feels" like you have action, but you don't.

Even with a bet that's 20% bigger and about 8% worse house odds (1.52% to 1.4%), sitting out about 30% of rolls cuts hourly losses enough that the place bet is cheaper.

If you plan on betting more than the table minimum, though, a line bet with free odds rapidly takes over as the "least losing bet". Also, with the increase in variance, you have a better chance of walking away a winner (albeit, with a better chance of walking away with a big loss as well).
Ace2
Ace2
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August 3rd, 2020 at 12:49:09 PM permalink
I don’t make place bets, but my understanding is they are off on the come out roll by default/tradition. But you don’t have to leave them off.

Why not just call your bets off for even longer if your objective is to keep a bet on the table the max time.

How does it feel like action when you can’t win or lose anything on the next roll ?
It’s all about making that GTA
eljefe3126
eljefe3126
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August 4th, 2020 at 1:20:58 PM permalink
Because it's expected that you leave a place bet up if the shooters wins his point, even it it's not on. Your bet will still resolve without you doing a thing, it just takes a little longer.

Moreover, you don't appear to be "nursing" your spot at the table, you're just "some guy who makes place bets".
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