does that not lead us to what is the advantage of taking the odds?Quote: MathExtremist
I used to think that minimizing theo was of paramount importance.
All absolutely true, but I submit that virtually nobody thinks about total action when playing craps. I'd bet that the majority of $100/2x players at the Wynn would not, as a matter of course, walk to the Palazzo across the street to play $60 or $65 with 3-4-5x. No question that it costs less, but also no question that $100 players get different treatment than $60 players. I'm not just talking about comps.Quote: Wizard
Adam: 2x odds with an average pass line bet of $100.
Eve: 3-4-5x odds with an average pass line bet of $61.72
Both players will risk the same amount of money but Eve will lose 38.3% less on average.
My advice is to 2x players is to simply cut your pass bets by 38% and walk over to a casino that takes 3-4-5x odds. The player will get the same amount of action and lose less money.
Some decent toking ought to be able to take care of most of the nasty looks.Quote: MathExtremist
If that's the approach, certainly betting oddball numbers like $62 would increase the chances of that happening. Two green, two red, two white for the flat, plus 4x odds on a point of 5 is two black, one green, four red, three white. Good luck not getting nasty looks from the pit crew on that...
All absolutely true, but I submit that virtually nobody thinks about total action when playing craps.
The Wynn is just making a ton of changes. Maybe they are just doing this to get people talking about what they are doing.
There were black curtains and "under construction" all over the place there.
Something is going on...
Today's stupid follow up question:
Has the Encore(next door to Wynn, also owned by Wynn) property also gone to 2 X odds in craps?
Our point of departure seems to be whether it is good advice to recreational players to take full odds. I say it is, assuming the player is comfortable with the risk.
If somebody is going to gamble anyway, then he should at least lose as little as possible.