fwtxbevo
fwtxbevo
Joined: Jul 14, 2010
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January 16th, 2011 at 3:19:09 PM permalink
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.
FleaStiff
FleaStiff
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January 16th, 2011 at 4:04:25 PM permalink
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.
mkl654321
mkl654321
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January 16th, 2011 at 4:29:03 PM permalink
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.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
FleaStiff
FleaStiff
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January 16th, 2011 at 5:48:56 PM permalink
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.
fwtxbevo
fwtxbevo
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January 16th, 2011 at 5:58:40 PM permalink
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.
soulhunt79
soulhunt79
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January 30th, 2011 at 1:55:14 AM permalink
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.
gambler
gambler
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January 30th, 2011 at 8:20:25 AM permalink
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.
MathExtremist
MathExtremist
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January 30th, 2011 at 10:33:04 AM permalink
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."
"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
mkl654321
mkl654321
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January 30th, 2011 at 10:43:57 AM permalink
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.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
SanchoPanza
SanchoPanza
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January 31st, 2011 at 7:41:37 AM permalink
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.

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