House edge with continuous Come bets?
Thread Rating:
April 7th, 2012 at 2:10:27 PM
permalink
lets say it's $5 min, 5x odds (.3% house edge).
if you only do pass line, it's .3% house edge.
but if you do continuous come bets, then you win back $5 when the 7 appears.
the house edge must be lower since you lose $5 less, right?
If so, then what's the HE?
If not, then where's the hole in my logic?
if you only do pass line, it's .3% house edge.
but if you do continuous come bets, then you win back $5 when the 7 appears.
the house edge must be lower since you lose $5 less, right?
If so, then what's the HE?
If not, then where's the hole in my logic?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 7th, 2012 at 2:25:15 PM
permalink
The house edge is the same. The $5 "rebate" is factored into the house edge.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
April 7th, 2012 at 3:40:38 PM
permalink
Quote: 100xOddslets say it's $5 min, 5x odds (.3% house edge).
if you only do pass line, it's .3% house edge.
but if you do continuous come bets, then you win back $5 when the 7 appears.
the house edge must be lower since you lose $5 less, right?
If so, then what's the HE?
If not, then where's the hole in my logic?
You don't always lose $5 less. Consider the sequence 5, 4, 3, 6, 12, 7. $5 pass + odds loses $30. Pass + come bets lose $95.
"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
April 7th, 2012 at 3:53:16 PM
permalink
Quote: teddysThe house edge is the same. The $5 "rebate" is factored into the house edge.
ah.. so the house edge is higher if you do not do continuous Come bets?
ie: pass line and only 2 come bets (all max odds)?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 7th, 2012 at 5:36:39 PM
permalink
Each bet's chances are as if the bet has an independent life, even though they might all be killed or won by the same 7-out depending on if it's continuous come or don't come. In other words, if you instead waited for resolution before making another line bet, though making the same number of bets, in the long run it would be a distinction without a difference.
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
