MGM No Vig Up Front

Quote: speedycrap

Buying 5/9? I have basically never seen anybody doing it. Even with a few hundred dollars on it.
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I’ve seen it. Never in Vegas though.

Whereabout?

Quote: speedycrap

Whereabout?
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Rivers in Pittsburgh. Believe I recall demango said it’s same way in Biloxi.

Go South young man1 We be buying 5/9 forever in MS! A $10 five even paid $14.50 and %36.50 for a $25 five! then around 2008 they did away with Kennedy halves.

As mentioned, placing the 6/8 is still better than buying it with commission charged on win only. However, if they let you buy the 6/8 for any amount more than $30 for $1, then buying is a better deal.

I've heard that they will keep the commission at $1 for a $25 buy, but not sure of higher amounts. If you bought the 6 for $35, would they charge $1 or $2? I'd assume $2

Eep! I've never considered buying the 6 or 8 before. Let me try that on WinCraps for a bit.
I made a $240 buy bet on the 8. It pays $288 at 1.2X minus a $12 vig on a win equals $276. If I just made a PB 8 for $240 it would pay $280. So the buy bet shorts me $4 compared to a PB, and shorts me $12 compared to an odds bet..
I made a $240 buy bet on the 9. It pays $360 at 1.5X minus a $12 vig on a win equals $348. If I just made a PB 9 for $240 it would pay $336. So the PB shorts me $12 compared to the buy bet, and shorts me $24 compared to an odds bet.
I made a $240 buy bet on the 10. It pays me $480 at 2.0X minus a $12 vig on a win equals $468. If I just made a PB 10 for $240 it would pay $432. So the PB shorts me $36 compared to the buy bet, and shorts me $48 compared to an odds bet.

I'm betting triple odds on a 3 Point Molly and replacing the winning Come points with 2 PB's. Example: $120 Come bet with $360 odds wins and then I put down two $240 PB's. It saves on the trouble of wasting rolls re-establishing a point.

I'm on a bit of a winning streak today.


Since there's only vig on a bet around my area, I'd just bet PB 6/8, and rebet the Come with odds for other numbers. It's basically turning my game into a 5 Point Molly with $60 Come bets and $180 odds, gah!

My WinCraps luck was just turning when I went to 5 Point Molly with Come bets at half the PL bet and both at triple odds. I'm not getting the runs of hitting PBs replaced by a run of Come with odds bets won because of Come-out 7 winners on the PL and too many short hands.


I'll likely just stick with the 4 PBs and the buy 5/9 won't be available.

Quote: ChumpChange

I'm betting triple odds on a 3 Point Molly and replacing the winning Come points with 2 PB's. Example: $120 Come bet with $360 odds wins and then I put down two $240 PB's. It saves on the trouble of wasting rolls re-establishing a point.

Making the two $240 place bets saves you trouble but costs you several times the vig as making another $120 come bet with 3x odds

Quote: ThatDonGuy

Quote: Ace2

When the commission is charged on win only, you never wager the commission amount...it's deducted from the win amount. So if you wager $100 on 4/10 and win then you collect your $100 plus $195 net winnings ($200 minus the $5 commission). If you lose then you lose your $100

So the commission is 5% of the original bet, but it's only paid if you win? That's a bit of an eye-raiser...especially if they're doing this on the Strip.
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Can anyone confirm how they round the vig on a $25 buy bet at MGM properties nowadays? Do they charge $1 or $2?

Quote: JimRockford

Quote: ThatDonGuy

Quote: Ace2

When the commission is charged on win only, you never wager the commission amount...it's deducted from the win amount. So if you wager $100 on 4/10 and win then you collect your $100 plus $195 net winnings ($200 minus the $5 commission). If you lose then you lose your $100

So the commission is 5% of the original bet, but it's only paid if you win? That's a bit of an eye-raiser...especially if they're doing this on the Strip.
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Can anyone confirm how they round the vig on a $25 buy bet at MGM properties nowadays? Do they charge $1 or $2?
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Everyone else in town has $1 vig.

Quote: AlanMendelson

Quote: JimRockford

Quote: ThatDonGuy

Quote: Ace2

When the commission is charged on win only, you never wager the commission amount...it's deducted from the win amount. So if you wager $100 on 4/10 and win then you collect your $100 plus $195 net winnings ($200 minus the $5 commission). If you lose then you lose your $100

So the commission is 5% of the original bet, but it's only paid if you win? That's a bit of an eye-raiser...especially if they're doing this on the Strip.
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Can anyone confirm how they round the vig on a $25 buy bet at MGM properties nowadays? Do they charge $1 or $2?
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Everyone else in town has $1 vig.
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Sorry Alan, I don’t follow. Are you including or excluding MGM properties in “everyone else “?