sjoens
sjoens
Joined: Jul 3, 2011
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July 3rd, 2011 at 6:34:58 PM permalink
I'm interested in the true odds on a new bet I saw at Treasure Island this last week. I have not seen it at other casinos.

1. The "All Small" bet pays 35 for 1, and pays when you roll a 2,3,4,5,6 before a 7. The bet carries over if you make your point, and only cancels when a 7 is rolled.

2. The "All Tall" bet pays the same 35 for 1, and pays when you roll a 8,9,10,11,12 before a 7. Same odds as the "All Small".

3. The big bet is the "All or Nothing at All" which pays around 170 for 1 I believe (not exactly sure: between 145 and 175). It pays when you roll every number except a 7, before you roll a 7.

I put a dollar on each of the 3 bets after every 7 and hit the big payoff once over 2 hours, (paying the equivalent of about 240 for 1, which includes the 35, 35, and 170)

I then started playing 3 dollars on each after every 7 and hit the big payoff once over 2 hours a couple nights after, paying me over $700 for the $9.

If anyone can figure out the true odds I'd appreciate it.
miplet
miplet
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FleaStiff
FleaStiff
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July 3rd, 2011 at 6:53:19 PM permalink
Quote: sjoens

I'm interested in the true odds on a new bet I saw at Treasure Island this last week. I have not seen it at other casinos.

I think SamsTown on the Boulder Strip has that.
eagledice
eagledice
Joined: May 27, 2011
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July 3rd, 2011 at 8:54:02 PM permalink
Quote: FleaStiff

I think SamsTown on the Boulder Strip has that.



In May 2011, was at the Wynn and they now have the "All, Tall and Small Bet" it on a few of their craps tables.

In my opinion, with the new table felt, it really changed the table characterists. A year ago I was very successful on several of their craps tables.

This year I helped them pay the light bill.

Eagledice
Doc
Doc 
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July 4th, 2011 at 7:40:34 AM permalink
Quote: eagledice

In May 2011, was at the Wynn and they now have the "All, Tall and Small Bet" it on a few of their craps tables.


Also saw it at the Encore the day after WoVCon I.
Nareed
Nareed
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July 4th, 2011 at 8:09:39 AM permalink
OMG! It's the new Fire Bet!

Seriously, how does it compare to the Fire Bet? According to a hurried look at the Wizard's site yesterday evening, this bet trio has a lower house edge, but also a lower payoff.
You can visit my blog Kathy's Cooking Corner at kathyscookingcorner.blogspot.mx ... .... When someone offers you friendship with one hand and stabs you in the back with the other, you tend to notice the knife a little bit more.
DJTeddyBear
DJTeddyBear
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July 4th, 2011 at 9:08:15 AM permalink
Quote: Nareed

Seriously, how does it compare to the Fire Bet?

Not exactly. There are several important differences.


There are three different bets in the All bet series.

Only one bet for FireBet.


A seven on a mid-roll come-out kills the All bets, requiring replacement mid-roll.

FireBets can only be made at the start of a shooter's roll, and don't come down until the shooter sevens-out.


The biggest difference, the All bet is counter to traditional craps betting. I.E. You're not interested in points, but numbers. A seven is always bad.




I saw it last Sept at Wynn. About 10 people at the table, only 1 guy playing it. $5 every 7 - $2 on each of the High and Low, $1 on the All. I was there about half an hour, and he never got paid.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? Note that the same could be said for Religion. I.E. Religion is nothing more than organized superstition.
Nareed
Nareed
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July 4th, 2011 at 1:46:37 PM permalink
Quote: DJTeddyBear

Not exactly. There are several important differences.


There are three different bets in the All bet series.

Only one bet for FireBet.



My mistake. I meant as far as house edge and pay-outs. I realize the mechanics are quite different.

Quote:

I saw it last Sept at Wynn. About 10 people at the table, only 1 guy playing it. $5 every 7 - $2 on each of the High and Low, $1 on the All. I was there about half an hour, and he never got paid.



Sucker bets are weird. In some games virtually everyone plays them, in some games everyone plays one or two but avoid another, and new side bets, I presume, take time to be accepted by more than a handful of players.
You can visit my blog Kathy's Cooking Corner at kathyscookingcorner.blogspot.mx ... .... When someone offers you friendship with one hand and stabs you in the back with the other, you tend to notice the knife a little bit more.
DJTeddyBear
DJTeddyBear
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July 4th, 2011 at 2:45:45 PM permalink
As side bets go, the FireBet is appealing in that that it's one bet for the duration of the shooter's turn.

It's the only side bet I ever play, and I think other people play it, while not playing other side bets, for the same reason.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? Note that the same could be said for Religion. I.E. Religion is nothing more than organized superstition.
MathExtremist
MathExtremist
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July 5th, 2011 at 11:31:01 AM permalink
Quote: DJTeddyBear

I saw it last Sept at Wynn. About 10 people at the table, only 1 guy playing it. $5 every 7 - $2 on each of the High and Low, $1 on the All. I was there about half an hour, and he never got paid.


Is it still at the Wynn?
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563

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