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Rovert22
Rovert22
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January 17th, 2018 at 12:01:16 AM permalink
What is the house advantage for put bets with 50x odds?
RS
RS
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January 17th, 2018 at 12:08:39 AM permalink
Four and Ten: 1/153
Five and Nine: 1/204
Six and Eight: 1/255

That's considering a house edge on all the money you put down (put + odds).
FleaStiff
FleaStiff
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January 17th, 2018 at 4:14:52 AM permalink
Quote: RS

Four and Ten: 1/153
Five and Nine: 1/204
Six and Eight: 1/255

That's considering a house edge on all the money you put down (put + odds).

I thought that the house edge on odds money was the same as the player's edge on odds money: that is ZERO.
RS
RS
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January 17th, 2018 at 4:32:33 AM permalink
Quote: FleaStiff

Quote: RS

Four and Ten: 1/153
Five and Nine: 1/204
Six and Eight: 1/255

That's considering a house edge on all the money you put down (put + odds).

I thought that the house edge on odds money was the same as the player's edge on odds money: that is ZERO.


IOW: I averaged it all together.
mustangsally
mustangsally
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January 17th, 2018 at 7:49:22 AM permalink
Quote: RS

Four and Ten: 1/153
Five and Nine: 1/204
Six and Eight: 1/255

That's considering a house edge on all the money you put down (put + odds).

you mean the combined house edge.

a problem I see with this
is
the same as the problem with come bet house edge combined calculations,
that
is
about 30% of put bet decisions only include the flat bet and not the odds bet.(at least what Ive seen at Main Street Station in the past - I do not play in the future, btw)as the odds are off on the comeout roll (just like come odds and buy bets)

that would explain my simulation results with come bets, the combined house edge WAS the same as calculated
assuming the odds always work
and they do not by default.

for the OP finding 50X odds put bets, I doubt in Nevada casino.
Sally
Last edited by: mustangsally on Jan 17, 2018
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FleaStiff
FleaStiff
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January 17th, 2018 at 9:06:20 AM permalink
Quote: mustangsally

(at least what Ive seen at Main Street Station in the past - I do not play in the future,

Wow, You and BBB are already on pedestals on this forum due to your being bright and beautiful, but that I do not play in the future phrase sure is impressive.

Now I always seem to be playing craps 'in the future with something about to happen to my luck real soon now, so its real nice for me to wake up, check the forum and get walloped with wisdom.

Thanks.
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