Joined: May 12, 2012
• Posts: 8
May 12th, 2012 at 3:21:46 PM permalink
If my math is right.... if I bet pass and don't pass, come and don't come, max odds on all... if math is right house advantage would be .05% correct?
FleaStiff
Joined: Oct 19, 2009
• Posts: 14484
May 12th, 2012 at 4:18:40 PM permalink
How long are you going to stand there betting both sides, not making any money ... and hearing "twelve"?
Joined: May 12, 2012
• Posts: 8
May 12th, 2012 at 4:21:17 PM permalink
could you put money on the field or on 12 to compensate? I am trying to get as high a payout as I can. if I am right I have it at 99.95%
12 only occurs 1 out of 36 rolls.
mustangsally
Joined: Mar 29, 2011
• Posts: 2463
May 12th, 2012 at 4:49:07 PM permalink

12 only occurs 1 out of 36 rolls.

Ouch!
You are stating an average. Be careful of them. They can kill bankrolls.
It takes many rolls to have any confidence in an average.

Also an average comes from a distribution.
Looks like there is about a 26.4% chance of seeing 2 or more 12s in 36 rolls.
Here is part of the distribution of 12s in 36 rolls

wins(or less)exact(or more)
00.3627100330.3627100331
10.735783210.3730731770.637289967
20.9223197980.1865365880.26421679
30.9827221220.0604023240.077680202
40.9969598130.0142376910.017277878
50.9995632760.0026034630.003040187
I Heart Vi Hart
dwheatley
Joined: Nov 16, 2009
• Posts: 1246
May 12th, 2012 at 7:13:31 PM permalink
You are not actually getting paid-out... unless you are working a comp system. Even so, this has got to be the most boring plan yet.

The actual house edge you experience depends on the odds available.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
Joined: May 12, 2012
• Posts: 8
May 12th, 2012 at 7:20:28 PM permalink
It is a comp system that is why I am trying to get as close to even as possible. regrettably it is only 2x odds. take it as a theory question if you want. I want to get as close to 0 house advantage as possible with as little variance as possible betting as much as I can. if pass is 1.41 and dont is 1.36 house advantage I figure betting both would cancel out to a .05% house advantage.
SOOPOO
Joined: Aug 8, 2010
• Posts: 7884
May 12th, 2012 at 7:44:06 PM permalink

It is a comp system that is why I am trying to get as close to even as possible. regrettably it is only 2x odds. take it as a theory question if you want. I want to get as close to 0 house advantage as possible with as little variance as possible betting as much as I can. if pass is 1.41 and dont is 1.36 house advantage I figure betting both would cancel out to a .05% house advantage.

Uhhhhh.... NO! They don't CANCEL each other, they AVERAGE out to be about 1.38% against you.
Joined: May 12, 2012
• Posts: 8
May 12th, 2012 at 7:57:37 PM permalink
ok I see your point, but only a 12 is bad for me. On a 12 pass loses dont pushes. the longer the roll, the more bets, the more odds I have out there. Im standing to lose only 1 bet every 1/36 times. Remember I am not looking to win here, I am looking to bet as much as possible with as little house edge as possible. the house is comping for odds bets at this casino.
SOOPOO
Joined: Aug 8, 2010
• Posts: 7884
May 12th, 2012 at 8:02:55 PM permalink

ok I see your point, but only a 12 is bad for me. On a 12 pass loses dont pushes. the longer the roll, the more bets, the more odds I have out there. Im standing to lose only 1 bet every 1/36 times. Remember I am not looking to win here, I am looking to bet as much as possible with as little house edge as possible. the house is comping for odds bets at this casino.

If you can tell us how much comps you get for your scheme we can then tell you if you will come out ahead on average, or behind. By the way, I would not be confident that if the pit boss sees you betting this way that your rating will not be as high as you think.
Joined: May 12, 2012
• Posts: 8
May 12th, 2012 at 8:07:20 PM permalink
every \$20 bet = 1 penny comp. (odds included so betting come and dont come odds I get max odds comped at 0 house advantage), comps can be redeemed 2 for 1 for reel rewards (slot \$), and dont forget mailers and ADT and status.