Rating the Odds Bet

1. Anyone know off hand, what strip casinos if any, rate odds bets?

2. If so, how would the following betting be rated per hand for one session? I would only be making one don't come bet per point, no more.

a. One $10 don't come bet per point with $20 of odds on the 4 or 10 for a total bet of $30, or,
b. One $10 don't come bet per point with $15 of odds on the 5 of 9 for a total bet of $25, or,
c. One $10 don't come bet per point with no odds on the 6 or 8 for a total bet of $10.

3. Would I be rated on my average bet of $30+$25+$10=$65 divided by 3 for an average of about $20 per hand, or off my potential average winnings of $20+$20+$10=$50 divided by 3 for an average of about $15 per hand, or none of the above?

I hope I am asking this question correctly.

Thanks.

Strip casinos would quite possibly have tables that would accept ten dollar line bets perhaps even on a jam packed Friday or Saturday night, but that does not mean that the Floor would "see" your bets. At the Venetian, I just don't think they see anything less than a 25.00 line bet.

Now at the newly opened Cosmopolitan the understanding is that odds bets are included in your rating.

Perhaps some other posters can chime in with more recent knowledge but I think that the Top Tier casinos would not really see your bets at all. The mid tier casinos generally don't count the odds bet, so you would be a ten dollar bettor.
The Cosmopolitan which is known to include the odds bet would probably be unimpressed with your action.

It isn't a direct corellation, but in general, the more fancy-ass the casino, the less they will be impressed with your action. Rating the odds bet at all is fairly generous when you consider that odds bets are worth nothing to the casino. So don't expect that kind of generosity at a mid-Strip megatoilet.

I'm not a craps player, so I couldn't directly answer your question, but I suggest you shop around at casinos that are on the fringe geographically, and aren't owned by some giant corporation.

Well, the Stratosphere would be a possibility but its isolated and its not what most tourists would be looking for.
Tuscany is off-strip but would be a possibility.

Thanks for your responses, but I already understand that my play would not be rated at most strip casinos. My question is really, if a casino were to rate the odds bet, how would said casino rate the play I described above?

Of course, if someone knows, I would also like to know which strip casinos do rate odds bets?

I am glad to hear that the new Cosmo does.

If a casino were to give you rating on odds they would do so on your average bet. So whatever you had out on the table when they checked and then later how many rolls happened.

Thinking of it exactly as you have laid out I think works but rarely do the dice roll exactly like that. One night you make average 40 because a lot of 4s and 10s are being rolled and some you may be average 15 because a lot of 6/8 are being rolled. Basically your strat I think is making it even more impossible for the casino to give you an accurate 1 day estimate on your estimate loss, that you will see some swings on your comps(assuming you get some).

I would add that I doubt the cosmo rates any craps player that isn't using at least green chips on the pass line. I could be wrong and am happy to be wrong, it is just my assumption.

In 2010, here are the following casinos who rated your odds bet that I know of:

1. Stratosphere - rated up to 2x odds bet.
2. Green Valley Ranch (and maybe other station casinos) - rated odds bet for 3x 4x 5x table
3. Hard Rock Casino - rated odds bet for 3x 4x 5x table

Now, for Green Valley Ranch and the Hard Rock Casino, "rating the odds" might simply mean that they would take the odds bet into consideration when rating you and will not give you dollar for dollar value. I never got it straight from my casino host or the table game crews.

As for the Stratosphere, the pit boss and my casino host clearly stated that up to 2x on my odds bet was counted as my average bet. If you bet $25 on the pass with $50 odds behind, you would be rated as a $75 per hand player.

Please verify this yourself before playing. Rules change all the time.

But are the comps at the Strat for a $75 player equivalent to comps at other properties for a $75 player? How you're rated is just the intermediate step between your play and your rewards, so make sure you're not getting the old retail trick of "buy now and save 75% off our regular price of 5x what it should be."

Quote: MathExtremist

But are the comps at the Strat for a $75 player equivalent to comps at other properties for a $75 player? How you're rated is just the intermediate step between your play and your rewards, so make sure you're not getting the old retail trick of "buy now and save 75% off our regular price of 5x what it should be."

I think we have to assume, for the sake of this discussion, that the standard rates of "percentage of theo" are used in calculating comps. This used to be a straight 40%, but especially recently, many casinos have cut this down, to as low as 22%. So I figure on getting "25-40% of theo", and I usually have to divine this after the fact, since it's rare to just simply ask and be told.

I consider all comps to be marked up ahead of time, in that I will be spending them on full-blown retail for items I may or may not have wanted if I was paying cash.

Quote: mkl654321

Rating the odds bet at all is fairly generous when you consider that odds bets are worth nothing to the casino. So don't expect that kind of generosity at a mid-Strip megatoilet. I'm not a craps player, so I couldn't directly answer your question.

An inherently contradictory posting not borne out by bettors who do play craps and post here.

The odds bets are worth quite alot to the casino... and the casino knows that. It doesn't mean they will rate them, but the casino sure knows the odds bets are of value to them.

This no box on the layout, often dubbed "free" odds, lets a player go thru his bankroll faster and the casino gets to shear some other sheep. Any odds bet can be taken down and has no edge, but it still represents money that gambler is willing to put at risk and that information alone is a boon to the casino.

Casinos do rate the odds bet on an informal basis. Alot of floormen adjust the "average" bet when they realize the player is a good tipper or has some other positive qualities that the box and the floor value.

A few casinos actually rate the odds bet itself: Aria (I think), Cosmo, Stratosphere and Tuscany Resorts(I think), but all casinos have an awareness of how valuable a player is to them. So even those that do not formally rate the odds bet, surely don't ignore it.