Ace2
Ace2
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Mission146
October 4th, 2023 at 3:25:12 PM permalink
Quote: ChumpChange

Because I'm throwing 6's and 8's and I can get paid each time instead of on repeaters. It's really disappointing when I hit the 6 six times on one shooter but only get paid 3 times for it because it was a line bet.
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1) Dice have no memory. The fact that you’ve been rolling 6s and 8s has no effect on future rolls

2) You are not trying to repeat numbers with a line bet, other than 7/11 during comeout.
It’s all about making that GTA
unJon
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October 4th, 2023 at 3:28:36 PM permalink
Quote: ChumpChange

If you're betting $10 PL with $60 odds (10X odds table), you could skip making come bets and make another $60 place bet on the 6 and/or 8 with their low HA of 1.52%.
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You’d be better off put betting the 6/8 with odds of 6-10x than you would be place betting it.

As Ace2 points out, come still better.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
ChumpChange
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October 4th, 2023 at 3:33:58 PM permalink
Well, I could put $60 on each number across and then bet $10 come bets on each roll then pick up the place bet for the new come point number and make them odds, but when a 7-winner comes along, I'll just lose all those come bets and move all my odds back to place bets then repeat the process.
unJon
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October 4th, 2023 at 3:35:56 PM permalink
Quote: ChumpChange

Well, I could put $60 on each number across and then bet $10 come bets on each roll then pick up the place bet for the new come point number and make them odds, but when a 7-winner comes along, I'll just lose all those come bets and move all my odds back to place bets then repeat the process.
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No.

It’s called a “put bet”. It’s like a place bet but with a lower house edge on 6/8 if you can get better than 5x odds.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
ChumpChange
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October 4th, 2023 at 4:00:55 PM permalink
Hmm, I've stumbled into Put Bet territory where a $10 put bet with $100 odds has about the same HA of 0.83%, as single odds, at least for the 6 & 8.
Do Put Bets work for Come Bets? I thought they could somehow.
unJon
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October 4th, 2023 at 4:02:17 PM permalink
Quote: ChumpChange

Hmm, I've stumbled into Put Bet territory where a $10 put bet with $100 odds has about the same HA of 0.83%, as single odds, at least for the 6 & 8.
Do Put Bets work for Come Bets? I thought they could somehow.
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A put bet is exactly a come bet that skips first roll. You just place the bet on whatever number you want and add odds.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
ChumpChange
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October 4th, 2023 at 4:22:37 PM permalink
Do put bets lose and odds are returned on a come-out 7-winner?
Ace2
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October 4th, 2023 at 4:46:43 PM permalink
Pretty sure a put bet is exactly like a come bet except it’s made after a point is established

So odds would work same as come bet
It’s all about making that GTA
ChumpChange
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October 4th, 2023 at 4:55:42 PM permalink
Well, I'll consider putting my $10 bets on the 5,6,8,9 with $60 odds on the 5,9 and $75 odds on the 6,8 so any win pays $100. Then do multiples of that as I pull ahead.
Ace2
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October 4th, 2023 at 5:59:52 PM permalink
Quote: ChumpChange

Well, I'll consider putting my $10 bets on the 5,6,8,9 with $60 odds on the 5,9 and $75 odds on the 6,8 so any win pays $100. Then do multiples of that as I pull ahead.
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Just remember: you still have to hit your points though
It’s all about making that GTA
tuttigym
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October 7th, 2023 at 8:40:03 AM permalink
Quote: Ace2

Tuttigym,

As always, you just don’t get it.

A sucker making place bets at an average 4% vig has essentially zero chance of beating the casino over the medium/long term. Let’s define that as 10,000 wagers…a daily player could make that many in a month. He will lose over 10x more than the sharp bettor making line bets plus max odds for the same amount of total action. The sharp bettor could feasibly be up on the casino after a lifetime of play because his expected loss % is that small…under half a percent which is extremely close to a fair game.

You imply that a random event can’t be quantified/calculated. You’re 100% wrong about that…it can be accurately predicted at any level of confidence you wish. That’s what probability and statistics are for, and they are a central theme of this forum. Or at least they used to be.
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As always Ace, you just don't get it.

First, MOST players are NOT daily players so your analogy in the first paragraph is moot.

Second, "establishment" players almost always leave their bets on the table, regardless of hits, only to be swept away with the eventual and ever present 7 out. Rarely has the player taken down or turned off his bets during a hand. I know, the response but the next toss could be a winner. Yes, and the next toss could be a 7 out. That's gambling. For me, consistent winning is about discipline not greed.

Your last paragraph reads like something from EB's crystal ball betting method formula. It states, and I am paraphrasing here, I KNOW when the 7 will appear at 100% level of confidence, so I will turn off all my bets that would be exposed to a 7 out, and I will hop the 7 for $300 and a $1600 return.

Hey, go for it.

tuttigym
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