Quote: scotty81<<
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No, they don't require any additional bets. You can walk up, place the 4 or 10 only, and get paid 2:1 if you win. The same way with the field (triple 2/12). They have been offering this game for at least three years that I know about.
I don't live in ABQ, but will be going back next month. Every time I go, I expect the game to be changed, but it has always been the same. I can report back next time I go.
This statement was made in another thread, and I started a new thread so it doesnt get lost. Can this be for real? Repeating my questions here, are you REALLY saying that there is a bet you could bet all day long and not be up against a house edge? Isn't 2:1 free odds? What's the explanation? that ain't paying the rent!
edit: the link *seems* to possibly confirm that: http://www.santaanastar.com/gaming/table-games
additional edit: dice-setters could prove themselves here, no? supposedly there is a roll that is failsafe if it stays on axis for the 4 or 10 [both? not sure]
The answer is: yes
The Santa Ana is one of the more successful casinos in ABQ, and is associated with the upscale Hyatt Tamaya resort. I believe this game is used as a promotion to bring people into the casino, and as such it is quite successful.
Ok. So you can battle the casino with no vig all day long. How many people have the dicipline to do that without making other (stupid) craps bets, or playing the slots & other table games? When you really stop to think about it, it is a very inexpensive way to get gamblers with money in their pockets into the casino.
Plus, even given a no-vig game, the majority of the people playing will tap out just because they can't take the fluctuations. I'm sure the Wizard could tell us how long the average player (say, with $300) would last before the eventual downturn.
The fact that this game has lasted as long as it has is a testament to how difficult dice shooting really is. They are daring dice shooters to come in and do their thing. Last I looked, they are doing a land office business.
Note: Do not that the mention on the website is confirmation that it still exists.
Without too much poking around, I saw an ad for a $9.95 dinner on Christmas Eve. Clearly, the website is out of date, so it can't be trusted. I'm not saying the no vig 4/10 is gone. I'm just saying don't assume. On the flip side, I saw no mention of the triple 2/12 field. But, again, no reason to assume that means anything either.
Quite frankly, if they've been doing it for at least three years, ya gotta figure that they've crunched the numbers a couple times already, and still have it. After all, it's a great way to get them in the door.
I have played Craps for many years, but one thing I have not tried is to play someone else's odds. Particularly at places that have a high odds multiple (10x, 20x, 100x), many players to do not take full odds. What does the Casino think about someone else taking the rest of someone's odds? It's more common in BJ to have people bet behind you, what about odds in Craps? I suppose I could plan a trip around my friends from this board who think taking the odds on the Don't is a bad bet and play their lays for them...
No one has mentioned what the maximum bet is on this no vig game. It may be only $20.
I see people at the El Cortez play a single deck blackjack game and make huge bets with little or no regard for strategy. I've seen people play the minimum on the blackjack game, and then put 20X as much on the side bet.
Quote: pacomartinI have often wondered if a zero house edge game would be a draw for a casino. I would think that they still have the risk of ruin working for them.
Surely common player's Ruin would help limit the action, as would a stingy bet limit. I've been thinking about this overnight. I guess they count on what we all see at the craps table, most players being lured into sucker betting, or just some pass line betting. The type of guys they really don't want there ... guys who stubbornly stick to the the best bet ... might not be drawn there, as there is no player advantage either outside of complimentary drinks.
Assuming there is a certain amount of undesirable action, maybe it is less of a big deal. If the casino can't win on zero HE, they also can't be hurt, except for maybe those drinks. Increased overhead must otherwise be minimal.
It sure as hell shows that Bean Counters are for the time being cut out of participating in these decisions. This would never fit in to what they advocate, and they would argue against continuing this even though it may be working . With me they are pretty famous for cutting out service that was once offered with various companies, pointing out the temporary improvement to the bottom line. The long term effect on future sales due to disappointment about resultant poor service is never factored into Bean Counter calculations.
Quote: odiousgambitthe casino can't win on zero HE, they also can't be hurt, except for maybe those drinks. Increased overhead must otherwise be minimal.
So we're all in agreement that it's 100 percent impossible to beat a zero edge game; that there's no betting strategy or money management strategy to transform it into positive expectation? (Except dice setting.)
Seems like the zero edge Field Bet mentioned above would be less volatile than the 4 & 10 bets. I can envision a LONG losing streak of roll after roll with no 4 or 10...
As for the bean counters: if they're competent, they comprehend the usefulness of loss-leaders.
Short term zero house edge, like the Grand Victoria's $1000 promotion to anyone throwing 6 points (no bet required), all of those free and match play coupons, and some crazy Vegas promotions that pay triple on blackjack on certain days of the week.
Possibly if you keep playing one for the boys, they won't bug you.
Boymimbo: all the things you mentioned in your second paragraph are plus E.V. situations. The 6 points for 1,000 would not require that much bankroll -- just make the minimum line bet and wait around for somebody to catch fire. The 3-1 blackjack, same thing, and the coupons likewise.
Quote: teddysDon't they usually not require a line bet when you are playing the field? I see people making just field bets all the time. I also see people placing numbers without a line bet often -- you know, the guy that waits until the point is rolled and then takes "$128 across" (or whatever it is).
Boymimbo: all the things you mentioned in your second paragraph are plus E.V. situations. The 6 points for 1,000 would not require that much bankroll -- just make the minimum line bet and wait around for somebody to catch fire. The 3-1 blackjack, same thing, and the coupons likewise.
They don't USUALLY require a Pass line for the Field Bet, but I think we suggested they might require it because of it's Zero EV.
Santa Ana is ranked #5 for the state with gaming revenue of $70 million. So it is smaller than Texas Station. I hope some of the local Vegas casinos adopt this policy. Still I would think they would restrict it 5X or 10X the pass line bet.
The wife and I stopped in last night for a little gaming after dinner.
I played craps for just shy of 2 hours.
It is now a Double on the 2 and Triple on the 12 Field Bet.
The Free buy on the 4 and 10 remains, even with a $5 place bet.
I could not get a seat at the >100% payback $1 VP machine bank(8).
There are 4 games loaded in, JOB/BP/DW and DDB.
Royal Progressive was over $8000!