odds bets

Lets assume im at a large Vegas casino.....The Craps game is $5 min with 5X's odds........I decide I'm gonna play $5 P/L bet with 3X' odds becasue that best for my bankroll....Playing 3X's odds on the 9,5 will not have correct payout unless the casino as 50 cent chip which we will assume they dont...On a $5 min table to odds have to be bet in 5$ increments too.....like for example...If I bet $5 P/L bet and the point came 5....could I make a $16 odds bet in most Vegas casinos? $16 to pay $24....

$5 minimums at a large Vegas casino? Where?

I don't know of any casino where the max odds is 3x on the 5 and 9. Usually it's 2x across, or 3-4-5x so you can bet up to 4x on the odds on the 5-9.

So, yeah, if you can play $15 odds on the 9, I'm pretty sure a casino will allow you to play $16. If not, then play $14.

The casino does not require you to bet your odds in multiples of $5 either...

Quote: vert1276

Lets assume im at a large Vegas casino.....The Craps game is $5 min with 5X's odds........I decide I'm gonna play $5 P/L bet with 3X' odds becasue that best for my bankroll....Playing 3X's odds on the 9,5 will not have correct payout unless the casino as 50 cent chip which we will assume they dont...On a $5 min table to odds have to be bet in 5$ increments too.....like for example...If I bet $5 P/L bet and the point came 5....could I make a $16 odds bet in most Vegas casinos? $16 to pay $24....

Yes. They will ask that you please keep the odds an even value. They will allow anything up to $30 on a 5x.

Quote: boymimbo

I don't know of any casino where the max odds is 3x on the 5 and 9. Usually it's 2x across, or 3-4-5x so you can bet up to 4x on the odds on the 5-9.

So, yeah, if you can play $15 odds on the 9, I'm pretty sure a casino will allow you to play $16. If not, then play $14.

I think he said it was 5x across, but HE wanted to bet 3x.

Played $5 craps at the Mirage this week, day shift. Was quite shocked. What a bargain. Dealers are superb.

Quote: teddys

Played $5 craps at the Mirage this week, day shift. Was quite shocked. What a bargain. Dealers are superb.

Forgive me for interjecting, but if you walked across the street at any time of day or night to the Casino Royale, you could have played $3 minimums with 20x odds. I know it's a dive, and the tables are packed, but wouldn't you want to minimize the house edge at all costs? Even if you didn't play the full 20x odds, Putting $20 behind your $3 pass line bet would still lower the house's EV..

Quote: Nutrisweetguy10

I know it's a dive, and the tables are packed, but wouldn't you want to minimize the house edge at all costs?

No. The words "dive" and "packed" far outweigh anything about edge. Or perhaps you could say they take the edge off me. The Venetian is close by, calmer, cleaner and that is where my companion will be.

Quote: Nutrisweetguy10

Putting $20 behind your $3 pass line bet would still lower the house's EV..

Incorrect. With free odds you can lower the House Edge [by risking more money] but you do not lower the Expected Value. Perhaps you just made a typo but this is not just semantics as some folks really get confused about that.

I am kind of a broken record on this: with free odds you can lower the HE but not the EV!

The only reason you wouldn't be allowed to make a $16 bet (and they allowed a $15 bet) is if they restrict odds on the 5/9 to 3x. Since this kind of a table is non-existent(?) you only have to watch out for non-3,4,5 casinos (most commonly 2x). Even if a casino had 3x, they would be a-holes to make you bet $14.

In my experience it's usually a 50:50 whether or not a dealer will correct you about an uneven odds bet... same goes for place bets on 6/8 in multiples of 5.

OP: If you're playing 3x, put $16 down as odds. The house will tell you to keep bets even on the 5 & 9. Since you are at a 5x house, should you decide to play from the don'ts, just put 6x the dont pass behind the Dont Pass bet as the free odds. This will pay 3x for 4&10, 4x for 5&9, and 5x for 6&8. Might be a good play after the hot shooter finally passes dice.

N&B

The easiest way to explain max odds on a 5x bet is can you pay that original bet with odds correctly? Sometimes u actually count chips and not the actual bet and lets not forget the odds are 6-5 3-2 2-1. The 4 and 10 go 5x straight up all the time can u can pay anything 2x. The 5 and 9 will changed on a $15 bet. You can not pay 15 at 3-2 because we do not do $22.50 on a craps game. Its looked at as 3 chips and 4 chips is payable so 4×5= 20 and 20 is what you can go 5x on so 5x20=$100 odds. The same thiing happens with the 6 and 8. They look at it as 3 chips and not $15 and 3 chips is no good. You need 5 chips instead for 6-5. So5 $5 is 25 and 25x5 odds is 125. It is a little confusing but when u get it u get it. Its been a while and i don't type so I hope this helps. Btw if you can count literal chips and not the chip value, life is iseasier, ESPECIALLY WITH color on the game. It's just chips

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