Basic Craps Question

Hi, everyone. Im new to craps. What is mathematically better for me. Lets sayI i bet $100 on the pass line and the point has been established. Is it better to back it up with another $100 or do the max 2x with $200? Its less loss in the long run backing it up with 2x? THANK YOU!

How much were you planning on losing?
I think the regulars here would say make it a $25 PL with 3X, 4X, 5X odds for a $25 table.
Other people would say you're just wasting time waiting for pass line points to hit, so place bet the inside numbers and press them on a win. Might start with $30 per number.

It's a new year, my net win is $0 so far.

Quote: Payner12

Hi, everyone. Im new to craps. What is mathematically better for me. Lets sayI i bet $100 on the pass line and the point has been established. Is it better to back it up with another $100 or do the max 2x with $200? Its less loss in the long run backing it up with 2x? THANK YOU!
link to original post

This has two things about it:

* it has been said that the free odds do not help you win more money. This is true

* it has been said that you are better off betting as little as possible on the line bet, and as much as possible on the odds bet. This is true.

Now, that these two things seem contradictory has led to all kinds of arguments. To solve the contradiction, you have to determine what is a comfortable bet for you. If it is only the table minimum, say $15, then you do not gain an advantage by adding free odds bets to that. Meanwhile you are likely to lose more than you would be comfortable with if you did add them. [actually you should not play craps if you are only comfortable with the minimum bet]

If you are comfortable with a $300 bet, as you seem to indicate, then if the max allowed is 2x, then you've got it right. Put $100 on the line and add the 2x odds bet.

The thing I would question is, are you really comfortable with the $300? or are you thinking that it will be OK because the free odds help you win more money. Not too many players are good with a $300 bet.

Taking free odds can lead to quicker, greater wins but the opposite is also correct.

Free odds add increased volatility to the game, a thing many crapsters relish.

Few casino experiences are as thrilling as a big win, nor as painful as a big loss.

Quote: ChumpChange

It's a new year, my net win is $0 so far.
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Is that "about even"? ;)

At my local they have 6x multiplier to earn rewards credits(which you can use as free play, but its not the weekly free play) Then at their sister casino when you go there those reward credits(again, not weekly free play) are tripled. So 18X. I am their top tier player member. I'm also 7 star. So I'm not a small time gambler. I was under the impression RTP for playing the pass line was about 98.5% . So again maximizing my RTP would be to 2x from my original bet after point is established? Or dont back it up at all??? My pass line bet would be consistently $100 How much I bet doesn't change the statistics. THANK YOU

Quote: Payner12

At my local they have 6x multiplier to earn rewards credits(which you can use as free play, but its not the weekly free play) Then at their sister casino when you go there those reward credits(again, not weekly free play) are tripled. So 18X. I am their top tier player member. I'm also 7 star. So I'm not a small time gambler. I was under the impression RTP for playing the pass line was about 98.5% .

correct. The expected value [EV] of that $100 bet is then about -$1.50, notice the minus sign. This is unalterable by the free odds bet, it is always about -1.50

Quote:

So again maximizing my RTP would be to 2x from my original bet after point is established? Or dont back it up at all??? My pass line bet would be consistently $100 How much I bet doesn't change the statistics. THANK YOU
link to original post

we are back again to the the issue of why you are adding free odds bets. Is it to help you win more money? It will not do that.

If, however, you decide you are actually comfortable betting $300, want to bet that amount in fact, you should not put $300 down on the line bet instead of the $100. Stay with the $100 and put down $200 on the free odds. If you had put down 300 on the line bet, 3 times the expected loss is what you get, about $4.50. With $200 on the odds, your total $300 is still only generating an EV of -1.50

As has been pointed out, the ups and downs, the variance of your betting, will experience much more in the way of wild swings with the odds bets. Sooner or later you will realize this is what it's about, and nothing much to do with your original thought of what's best to win more money.

The reason I'm playing is not to earn money on craps. Its to maximize free play(18x) and more entries into the big money weekly drawing with more entries because of playing craps. I want the highest RTP % So final answer is to back up the original $100 wager with $200(2x) or don't back up at all? THANK YOU!

Quote: Payner12

The reason I'm playing is not to earn money on craps. Its to maximize free play(18x) and more entries into the big money weekly drawing with more entries because of playing craps. I want the highest RTP % So final answer is to back up the original $100 wager with $200(2x) or don't back up at all? THANK YOU!
link to original post

Do you get free play credit for the backup odds credits? If so, the. Max RTP is to bet them. If not, then no reason to bet the backup $200 odds unless you like “free” variance. And it doesn’t sound like you do, since you are just credit grinding.

Many casinos give 0 comp credit for odds bets.

Quote: Payner12

....Do you get free play credit for the backup odds credits? link to original post

Usually NOT!