Dween
Dween
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April 19th, 2010 at 10:02:35 AM permalink
I've started playing the Don'ts at the Craps table, but only the DC. I wait for a point to be established, then start placing the DC bets. This way, I can (slightly) avoid the stigma of rooting against the table.

I was thinking of changing it up, by betting the Pass Line for the come out, then betting the Don't Come for another 1 or 2 numbers. I would be placing/laying odds accordingly. My question: Is this borderline bet-hedging? Or, because I'm guaranteed to be rooting for one number to win and the rest to lose, is it just another way to play with some increased volatility?
-Dween!
DJTeddyBear
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April 19th, 2010 at 10:31:30 AM permalink
Would you really be rooting for the DCs to lose?

Personally, I think you would be rooting for what every other player would be rooting for: The next roll to be the point, and to follow it with a 7.

Nothing wrong with that!
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
odiousgambit
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April 19th, 2010 at 10:32:43 AM permalink
this is definitely hedging your bets IMO, one outcome cancels the other in most times it would play out
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
goatcabin
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April 19th, 2010 at 10:34:58 AM permalink
Quote: Dween

I've started playing the Don'ts at the Craps table, but only the DC. I wait for a point to be established, then start placing the DC bets. This way, I can (slightly) avoid the stigma of rooting against the table.

I was thinking of changing it up, by betting the Pass Line for the come out, then betting the Don't Come for another 1 or 2 numbers. I would be placing/laying odds accordingly. My question: Is this borderline bet-hedging? Or, because I'm guaranteed to be rooting for one number to win and the rest to lose, is it just another way to play with some increased volatility?



I don't think there's any hedge effect.

Point established on pass, DC bet, next roll:
7 - lose both
2,3 - win DC, pass stays up
11 - lose DC, pass stays up
shooter's point - win pass, DC goes to same number
any other point - no effect on pass, DC goes to new number

As I am always pointing out, the more you bet on the flat part of line bets, the higher your expected loss; odds bets give you more variance without increasing expected loss.

The last time I visited Cache Creek, I bet DC (just one) after a point was established, laying odds. Nobody seemed to mind, and the dealer was right on top of it. I won about 25% of my initial bankroll. It was interesting and novel.
I will probably try it again next time.
Cheers,
Alan Shank
Cheers, Alan Shank "How's that for a squabble, Pugh?" Peter Boyle as Mister Moon in "Yellowbeard"
rudeboyoi
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April 19th, 2010 at 10:45:21 AM permalink
betting DP then Come seems slightly more appealing than P then DC. that way you can win both bets, if it comes point 7-out.
DeMango
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April 19th, 2010 at 12:03:21 PM permalink
Both bets carry a vig. So it may not be a traditional hedge, but you are still doubling, at minimum, your risk.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
odiousgambit
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April 19th, 2010 at 2:00:21 PM permalink
Quote: goatcabin

Point established on pass, DC bet, next roll:
7 - lose both
2,3 - win DC, pass stays up
11 - lose DC, pass stays up
shooter's point - win pass, DC goes to same number
any other point - no effect on pass, DC goes to new number



I must be missing something, after both stay up and a '7' is rolled, one wins and one loses, or am I too dense for words? [g]
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
goatcabin
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April 19th, 2010 at 2:04:13 PM permalink
Quote: odiousgambit

I must be missing something, after both stay up and a '7' is rolled, one wins and one loses, or am I too dense for words? [g]



No, this is the comeout for the DC, so it's seven-out, line away, for the pass, loser seven for the DC.
Sorry if I wasn't clear.
Cheers,
Alan Shank
Cheers, Alan Shank "How's that for a squabble, Pugh?" Peter Boyle as Mister Moon in "Yellowbeard"
odiousgambit
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April 19th, 2010 at 2:34:57 PM permalink
what seems like hedging is to get a point established on the pass line [this is the only time you could do 'don't come'] and another different point established on DC. For very frequent situations you would have two different points up, one betting on right and one betting on wrong. Maybe they are independent bets, not to worry, but I'm thinking I tested this with wincraps and it did poorly.
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
goatcabin
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April 19th, 2010 at 3:53:03 PM permalink
Quote: odiousgambit

what seems like hedging is to get a point established on the pass line [this is the only time you could do 'don't come'] and another different point established on DC. For very frequent situations you would have two different points up, one betting on right and one betting on wrong. Maybe they are independent bets, not to worry, but I'm thinking I tested this with wincraps and it did poorly.



Well, if you get one "right" and one "wrong" point established, then the seven wins one and loses the other, but you can also have the pass point made, then a seven on the next pass comeout wins the DC. I think the interaction between those bets is very insignificant, like the come bet after a pass bet, where the seven-out for the pass wins the come bet. I have tested this, and the decrease in variance is not noticeable.

What do you mean, "did poorly"?
Cheers,
Alan Shank
Cheers, Alan Shank "How's that for a squabble, Pugh?" Peter Boyle as Mister Moon in "Yellowbeard"
DJTeddyBear
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April 19th, 2010 at 5:43:35 PM permalink
Quote: goatcabin

Well, if you get one "right" and one "wrong" point established, then the seven wins one and loses the other, but you can also have the pass point made, then a seven on the next pass comeout wins the DC.

That was the point I was attempting to make. That you could win both, while the regular bettors are also winning both. This means you are all rooting for the same thing.


But thinking about it, the only part that I see as being a hedge bet would be if after you have a couple DC bets, and the original pass point is made, are you putting out a new pass bet? If so, what if the new point is one of the DC bets? What do you do then?
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Doc
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April 19th, 2010 at 6:00:05 PM permalink
Quote: DJTeddyBear

If so, what if the new point is one of the DC bets? What do you do then?

Then the DC bet is resolved and is no longer on the table. Unless I am missing something.
odiousgambit
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April 19th, 2010 at 6:54:53 PM permalink
Quote: goatcabin

What do you mean, "did poorly"?
Cheers,
Alan Shank



I'll confess to now knowing better what the heck I'm doing with wincraps now than when I first tried this.

stay tuned.

[edited]
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
DJTeddyBear
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April 19th, 2010 at 7:29:53 PM permalink
Quote: Doc

Quote: DJTeddyBear

If so, what if the new point is one of the DC bets? What do you do then?

Then the DC bet is resolved and is no longer on the table. Unless I am missing something.

Oh. Duh. I had a brain fart.

Never mind.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
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