Cosmo counts odds bet at Craps

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Originally posted by: KayPea
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Originally posted by: RoadTrip
Is this a good thing or a bad thing?



It's a stop loss.


Despite assertions to the contrary, your response here was quite helpful.

As an aside about Harrahs, what you post is absolutely true. At other table games, for purposes of rating a players action, Harrahs also rates the players skill level.

If one plays correct basic strategy at basically any table game at Harrahs, they risk getting little in the way of comps. If they are a moron(for lack of a better term), they will be rated much better and receive better comps.


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Originally posted by: MoneyLA
speck';s question is not as simple as you think, and I also raised this. the question really is "how are they counted?" and by that I mean "what value is attached to the odds?"

as I pointed out, comp rankings in craps are not exact -- unlike slot machines where a card is inserted and a computer counts coin in and assigns values to each play.

at a craps table a floor person has to monitor your betting (does he do it correctly?) and then you need to know the formula used by the casino. for example, I will give you the Caesars formula: more "value" is given to middle table bets than to outside place bets which have more value than inside place bets, which have more value than line bets, which have more value than odds bets. If I were to rank which bets on a craps table earn the most "points" the rank would look like this:

one roll bets for horn, hop numbers
one roll bets for field
hard way bets
place bets on 4 and 10
place bets on 5 and 9
place bets on 6 and 8
pass line, dont pass, come and dont come
odds

In fact at Caesars the comp formula breaks down players into three groups -- A being the players making the most conservative bets, passline with odds plus 6 and 8; B being the players making other place bets plus hardways; C being the players making the one roll bets. Then each amount bet is rated.

Sure, Cosmo might rate your odds, but if your average odds bet on the passline is $100 ($25 minimum table) just what are you getting for that particular bet?

Actually, the comps on your odds might be a lot of "nothing." In other words, "yes sir, we count your odds but we can't comp your stay."


thanks spec. since you are also aware of the Harrahs policy, and since odds carry "no house advantage" as well as "no player advantage" I really have to question whether "counting the odds" really helps as much as people might think in gaining comps? Frankly, Ive never gotten the same answer from two people about ratings and comps from table game action.

Ive had weekends when Ive played hours of craps and found that my "rating" was miniscule AND that my time at the table was listed as one hour.

This is why you are always advised to "check out" with the floor person and have him tell you EXACTLY how you have been rated for the session. Frequently I have to "remind" the floorperson that while I start each hand with $130/135 across that I press my bets. Too often they put into their computers your "first bet" and don't change that.

Unlike slots, table game ratings can be arbitrary.

By the way, the biggest mystery with Caesars (HET) is that NO ONE has ever explained how their "bonus score points" are added when you play certain slots and video poker games. We know how tier score points are added, but the "bonus" is a secret. There are theories, but the company (to the best of my knowledge) has never come out and said "this is how it works."

So there is even some mystery with comps for slot players too.
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