Protecting existing Come bets

I was at the local Native American place last night(while the better half was at the evening Bingo session).

Anyways, I ended up playing craps for almost 3 hours and ended up down a mere $35 after all was said and done. It's a $5 minimum table with 5x odds. I make $1 pass line bets for the Dealers with $2 odds, 2-3 times an hour. I play $5 PL with 2-5x Odds and $5 come with 2-5x odds depending on the way the table is going. No middle of the table junk.

The question I'm asking has to do with existing come bets on a new come-out roll after the point has been hit. I even searched in the Craps section for something related to this and there is no mention of it at the WOO site.

If I have only 1 or 2 come bets out at this point, I usually just let it ride...no cover, take my chances, ready to get my odds back and start the whole process over again when the 7 shows.

On the other hand, when I have come bets on 3 or more numbers after the point is hit, I've been covering those base come bets by buying "Any 7" on the new come-out roll, in the appropriate amount, to protect them.

I really don't mind taking some money off the table(getting my odds back)if the 7 should appear...But I hate having to start all over again.

Is this a form of the evil "Thou shalt never hedge thy bet" Commandment?

How are you dealing with this frequent situation?

Quote: ten2win

Is this a form of the evil "Thou shalt never hedge thy bet" Commandment?

Yes, absolutely, and in the most frowned-upon version, using a bet with a high HE to hedge.

Quote:

How are you dealing with this frequent situation?

It is possible for me to sort of accidentally have too many come bets for my comfort level. In that case I recommend taking down all bets you legally can till comfort is re-achieved, including the free odds bets.

I think you answered your own question.

If you're willing to risk it when you have two come bets going, but want to hedge when you have three, it seems to me that you shouldn't have made that third hedge bet to begin with.

Two things:

If you have a pass line bet up on the subsequent come out, and a seven shows, your come bets come down but the win on the pass line acts as a partial hedge.

If seven shows on the subsequent come out and your three $5 come bets are going to come down, toss in %15 to the dealer and say "keep the come bets up."

That of course is called a "put" bet.

The main difference I've found to playing Don't, is that I'm more comfortable putting up lots of Don't pass/Don't come bets. That's because multiple rolls are required to kill them all, whereas playing the Pass/Come, a single seven can ruin all your lovely bets. So when I play Pass I limit myself to the line bet plus one or two come bets max. Otherwise I start dreading the dreadful seven.

Me too. I like the don't pass/come for that reason exactly. Once your don't bets travel, you are in the drivers seat. Getting them to travel is the bump in the road. I also like having my bets win all at once as opposed to losing all at once. And as you say, your numbers have to be picked off one at a time and from time to time that does happen no matter how many bets you have working.

Quote: Alan

Me too. I like the don't pass/come for that reason exactly. Once your don't bets travel, you are in the drivers seat. Getting them to travel is the bump in the road. I also like having my bets win all at once as opposed to losing all at once. And as you say, your numbers have to be picked off one at a time and from time to time that does happen no matter how many bets you have working.

All that, yes. But don't ever lose sight that you, and your bets, can get killed any time, too. Or the fact that you're still playing "against" the whole table (not really, more against the point, but that's too subtle for the herd). The last time I played don't pass I did poorly on results. it dind't help I shot myself on the foot by throwing 11 three times in a row on the come out.

But overall it is the way to play.

Why are you having your odds returned? Your odds bet should be working at all times including a ComeOut Roll.
And you should NOT be hedging your bets, particularly with a 16.67 percent House Edge bet.

Yes, it really hurts when you've got a PassLine bet and you've been making ComeBets ... and everything is with Odds with all numbers covered now ... just as you anticipate making some real money as the shooter starts having numbers repeat... the darned shooter Sevens Out and its ALL lost. Yes, that hurts. So if you want to "protect" those bets... don't make them in the first place. Or make fewer of them and wait for them to be resolved.

You Pays Your Money And You Takes Your Chance .... then you wait. You don't erode that chance by making a contrary hedge bet.

It is hard... I've had it happen. Once just after I said 'my odds are working'.

dont make your odds work on the comeout roll. a very common dealer mistake is forgetting to take come bets down when a 7 is rolled on the comeout. no need to draw their attention to your wagers making them work.

I remember an earlier thread where some people shared the opposite view: if you ask for them working (especially right before the roll), the dealer might pay you if a point hits but make the error of giving you your odds back if a 7 is rolled. It was obliquely suggested this happens more often when you are tipping well.

I'm not sure what the best "strategy" is, maybe mixing it up would work.