vert1276
vert1276
Joined: Apr 25, 2011
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August 13th, 2011 at 3:28:46 PM permalink
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....
Toes14
Toes14
Joined: May 6, 2010
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August 13th, 2011 at 3:33:45 PM permalink
$5 minimums at a large Vegas casino? Where?
"Bite my Glorious Golden Ass!" - Bender Bending Rodriguez
boymimbo
boymimbo
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August 13th, 2011 at 3:38:45 PM permalink
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...
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cclub79
cclub79
Joined: Dec 16, 2009
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August 13th, 2011 at 3:39:45 PM permalink
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.
cclub79
cclub79
Joined: Dec 16, 2009
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August 13th, 2011 at 3:40:38 PM permalink
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.
teddys
teddys
Joined: Nov 14, 2009
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August 13th, 2011 at 11:55:45 PM permalink
Played $5 craps at the Mirage this week, day shift. Was quite shocked. What a bargain. Dealers are superb.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Nutrisweetguy10
Nutrisweetguy10
Joined: Aug 4, 2011
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September 30th, 2011 at 7:54:05 PM permalink
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..
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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October 1st, 2011 at 12:53:08 AM permalink
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.
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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October 1st, 2011 at 2:12:31 AM permalink
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 next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
ahiromu
ahiromu
Joined: Jan 15, 2010
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October 1st, 2011 at 2:43:56 AM permalink
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.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"

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