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35 members have voted

Joined: Jan 18, 2010
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February 4th, 2011 at 10:53:55 AM permalink
I am headed to a casino my wife wants to try out. She plays primarily slots. I play mostly craps. I also play Baccarat but I enjoy craps more...

The hotel, Lauberge du Lac in Lake Charles, Louisiana, is supposedly very nice BUT has high table minimums. I am used to playing $5 tables and the host (who is comping us one night just to try the property) tells me that I may not like their table minimums. She says that they are $15 most of the time but usually $25 on Saturday night. Of course, our stay is on a Saturday night.

I usually buy-in for $400 and bet pass line/5x odds and one or two come bets w/odds. The bankroll is shorter so I will probably only risk a couple of hundred on this trip. I know it is a recipe for a total wipeout, but I also know I won't go to a casino and play slots...or just do nothing.

With a $25 minimum bet and a couple of hundred to risk, how would you bet?

I will uses some of this advice...
Joined: Nov 2, 2009
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February 4th, 2011 at 11:06:37 AM permalink
At most casinos, Saturday is *usually* the hardest night to get comped. They may let you switch to a different night.

Otherwise, I'd say that, since you play it, stick to Baccarat. It's a slower pace, and you only have one bet out at a time. If you win, THEN play some craps...

Note that if you have money spread out on the table, they'll often let you place the 6/8 for $24 at a $25 table. But if that's the only bet you're making, then those are gonna be $30 each.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Joined: Sep 22, 2010
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February 4th, 2011 at 11:14:23 AM permalink
You could always just bet $25 on the pass line no odds. Still not a bad bet and the slowest pace on average than any other game at $25 a bet. When you have a bigger bankroll and the option of diverting more of it to odds that's the way to go, but with a small bankroll and $25 minimum you would be giving away that several cents a roll, with or without odds.
Joined: Nov 17, 2009
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February 4th, 2011 at 11:14:46 AM permalink
You will have only 8, or at most 16 flat bets with no odds. If you play, I expect your session to last less than one hour unless someone is hitting alot of points, and much less than an hour, if the table is cold. Probably best to stick with the Mrs., or take up VP.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Joined: Aug 8, 2010
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February 4th, 2011 at 11:24:35 AM permalink
Quote: RonC

With a $25 minimum bet and a couple of hundred to risk, how would you bet?

My answer to this question? "Not at all."

Your primary goal will be entertainment. But having a grand total of eight bets in your pocket (assuming you don't take odds) means that that entertainment could very easily last only five minutes. Then you'd be in the same situation that you didn't want--stuck in the casino with nothing to do--but also, $200 in the hole. That doesn't make for a very pleasant experience--especially when after you've busted out, you hear cheers coming from the crap table as the shooter makes point after point.

Given the high table minimums, your $200 is pretty much insufficient to do anything but play slots or video poker. Why not either join your wife and play some goofy penny/nickel slots (those can be lots of fun, and IMHO offer a good entertainment value for the price), or better still, play some video poker (the worst VP machine, played badly, is still better than the best slot machine)?

There's another reason I would recommend this. When a casino jacks up the table minimums on a Saturday night, it's pretty much saying to everyone, "hey, we know you're going to gamble, you're a captive audience, so take it or leave it"; the customers all too often shrug and say, "what the heck, we're gonna lose anyway", and then they get your $200 for five minutes' worth of effort instead of two or three hours'. But by refusing to buy the product when they double or triple its price, you're helping to send a message: "I'm not going to play if you make the cost of playing ridiculous." Later, when your host asks you how you liked your stay, you can tell her that you sure did like the hotel, but darn, you couldn't play the table games you love because the minimums were too high. That sort of feedback gets to management eventually.

One thing's for sure--if you and other people like yourself go ahead and play at the $25 minimums, that'll tell casino management that their gouging strategy is working. $25 minimums are a joke (at any time) in a casino located in one of the poorer areas of the country, and during a depression at that.
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
Joined: Nov 11, 2009
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February 4th, 2011 at 11:24:52 AM permalink
I meant to say "find a pre-Super Bowl party and save your money for better limits." But you didn't say it was this Saturday.

The core of my advice, however, is still sound. Find something else to do and save your money for better gaming opoprtunities. I'm a low-low-roller, too. The highest bet I've made outside the craps table is $15 at 3 card poker with pair+ (I know, I know). And the only game I've played at anything higher than a $5 minimmum was Pai Gow Poker for $10. But then that's a slow-paced games with lots of pushes. I may raise my bets if I'm winning, but not otherwise. Gambling is supposed to be about enternainment and fun.

If you like VP, though, find a pay table you can live with and play there.
Donald Trump is a fucking criminal
Joined: Aug 31, 2010
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February 4th, 2011 at 12:36:46 PM permalink
With $200 you'll have 8 green chips. That's obviously not going to last a long time if you get unlucky, so why not play in a manner that isn't going to last long either way? Try this:

1) Bet a green chip on the line.
2) If it wins, parlay. Repeat 3x.
3) If you win 4 in a row, you'll have $400 in front of you. Put that aside.
4) Go back to step 1 with another one of your original 8 green chips.
5) When you're done with the original 8 chips, leave.

The question is how many times you can win 4-in-a-row before you lose 8 times overall. If it's zero, you're done. Once, you'll be just a bit ahead. More than once and you're up a meaningful amount relative to your buy-in.

You won't be at the table longer than 15-20 minutes with this system, win or lose. If you're looking for a longer session, that's going to be tough with only 8 units.
"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
Joined: Nov 13, 2009
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February 4th, 2011 at 1:42:28 PM permalink
I like MathExtremist's approach... I would add this variant:

You have $200 bankroll. Take $50 of it and do this:
Bet the pass line for $50 (yes I said all of it).
If you win, parley it 3 times.

If you win 4 times in a row the gods must really want you to play craps! You will have 950 total, and can just play $25 craps as you would play $5 craps with a $200 bankroll. (i.e. Pass line + odds, maybe a come bet)
Otherwise, take the 150 you have left, and play some VP. You should study up on VP strategy, as this is the most likely out come !!

PS combined house edge on the parley is about 5.5% of the $50 bet. Roulette house edge is 5.3 percent, so you could instead bet $40-$50 on a two number wager at roulette. And again, learn VP.

"Mathematical expectation has nothing to do with results." (Sklansky, Theory of Poker).
Joined: Nov 14, 2009
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February 4th, 2011 at 3:57:06 PM permalink
$25 on the pass line (or don't pass) if you want to enjoy the fun of the craps table. That's it.

In all other instances, baccarat; table minimum, but can fool around up to $25, or more if you're running well.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Joined: Nov 14, 2009
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February 4th, 2011 at 3:57:19 PM permalink
$25 on the pass line (or don't pass) if you want to enjoy the fun of the craps table. No other bets.

In all other instances, baccarat. Table minimum, but can fool around up to $25, or more if you're running well.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4

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