100xOdds
100xOdds
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April 22nd, 2012 at 12:48:39 PM permalink
5% commision on 4/10 after the # is hit = 1.67% house edge.
thus $20 Buy = $1 vig

but a $25 Buy that also results in a $1 vig lowers the house edge to 1.33% (or so i've read).

I'm assuming at a $35 Buy, the casino will round up to $2 vig. only fair since they rounded down at $25.
How about a $30 Buy?

And which casinos round down even on a $39 Buy?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
7craps
7craps
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April 22nd, 2012 at 1:31:21 PM permalink
Quote: 100xOdds

5% commision on 4/10 after the # is hit = 1.67% house edge.
thus $20 Buy = $1 vig

You have $20. You step up to a Craps table.
You make a Buy4 and it wins.
They pay you $59 and down and you are looking at the $59 and know it should be $60, but you take it because that is the casino's payoff.
but the vig is $1. HE = 1/60
Quote: 100xOdds

but a $25 Buy that also results in a $1 vig lowers the house edge to 1.33% (or so i've read).


You have $25. You step up to a Craps table.
You make a Buy4 and it wins.
They pay you $74 and down and you are looking at the $74 and know it should be $75, but you take it because that is the casino's payoff.
but the vig is $1. HE = 1/75
Quote: 100xOdds

I'm assuming at a $35 Buy, the casino will round up to $2 vig. only fair since they rounded down at $25.
How about a $30 Buy?

Most will round up a $35. Seems fair you say.
Most casinos I worked at it was always up to the boxman. IF you were in good standings he would maybe charge you $1 the first 2 times then $2 the 3rd time.
House and boxman rules.
They know you want to pay the least on a vig.
They were not born yesterday.

Quote: 100xOdds

And which casinos round down even on a $39 Buy?

Never seen or heard of it in Nevada or CA or CT.
Answer this question.
Why would a casino only charge $1 vig on a $39 Buy?
winsome johnny (not Win some johnny)
100xOdds
100xOdds
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April 22nd, 2012 at 5:40:58 PM permalink
round up to $35?

as to why charge $1 vig on $39 buy:
-to help the bettor (not too likely)
-to entice people to come into their casino (more likely)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
7craps
7craps
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April 22nd, 2012 at 6:01:29 PM permalink
Quote: 100xOdds

round up to $35?

round up *a* $35 (Buy bet)

Quote: 100xOdds

as to why charge $1 vig on $39 buy:
-to help the bettor (not too likely)
-to entice people to come into their casino (more likely)

Excellent!
You never know how might read your post.
winsome johnny (not Win some johnny)
100xOdds
100xOdds
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April 22nd, 2012 at 6:28:51 PM permalink
doh! reading comprehension is fundamental... lol
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
ewjones080
ewjones080
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April 24th, 2012 at 4:45:30 AM permalink
If I were a table games director, I would be inclined to offer a special promotion either the slowest two week stretch of the year, or the slowest day of the week, where you could buy the 4/10 up to $100 for only $1 vig. Where I work vigs are paid up front though, so the house edge would be just under 1%.

I guess the other problem would be having your dealers remember that it's Monday, or having customers bitch cause they bought it for $1 on Monday, and now on Wednesday it's $5.
100xOdds
100xOdds
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April 24th, 2012 at 11:44:04 AM permalink
Quote: ewjones080

If I were a table games director, I would be inclined to offer a special promotion either the slowest two week stretch of the year, or the slowest day of the week, where you could buy the 4/10 up to $100 for only $1 vig. Where I work vigs are paid up front though, so the house edge would be just under 1%.

I guess the other problem would be having your dealers remember that it's Monday, or having customers bitch cause they bought it for $1 on Monday, and now on Wednesday it's $5.



years ago casino royale did $1 min flat bets on Christmas.
$1 pass/max odds
$1 +max odds Put bets on rest of #'s
continuous come

i still lost $. cold stretch :(

no idea if they do it anymore
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
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