Calculating Odds(Edge) on multiple bets
May 6th, 2025 at 4:16:37 PM
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I use a spreadsheet to calculate odds or house edge. But my question is what number do I use for the bet column using multiple bets (ie Iron Cross)?
Let's say 25 on pass, 25 place 5, 30 place 6&8 and a 25 field. So after the come out roll, on the 7 the bet would be the total (135). So what would the bet be on the 6 or on the 10 or on the 12? Is it still the total bet on the table or just the bet that's paying/losing (ie 40 or 10)?
Let's say 25 on pass, 25 place 5, 30 place 6&8 and a 25 field. So after the come out roll, on the 7 the bet would be the total (135). So what would the bet be on the 6 or on the 10 or on the 12? Is it still the total bet on the table or just the bet that's paying/losing (ie 40 or 10)?
May 6th, 2025 at 4:31:24 PM
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"House edge" on a multiple bet can be complicated to define. I would treat each bet separately, and calculate the HE separately for each one.
