Cosmo counts odds bet at Craps

melbedewey: first happy new year.

second-- comp policies vary for craps players, vp players, slot players, even BJ players. that is one of the dirty little secrets of the casinos.

at craps, you have to depend on the "rating" given to you by the floorman -- which can be off depending on how he pays attention, accuracy, and the RATING POLICY of the casino.

Harrahs (oops Caesars Ent) has a policy that gives higher ratings to players who make more higher risk bets, than those who make conservative bets. I will explain: if you bet $100 per throw of the dice but your $100 is only on the passline, you will have a much LOWER rating than a player with $25 on the pass + $75 on the hardways.

And then there are those "time requirements' for comps and ratings when you play craps and table games. Example: a close friend of mine has a $25k budget per weekend and lost it all in less than 2 hours at craps. He normally gets RFB at this casino, but for that weekend he was not comped because he did not play the required four hours per day with an average $210 bet. Sound absurd? But true.
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Originally posted by: melbedewy
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Originally posted by: shlomo
More strawmen, eh Money? Really? That's all you got?

Nobody is saying that craps can be turned into a positive expectation game. No-bod-y. You can post this 50 more times and no reasonable person is going to disagree with you.


Actually if you play triple odds low limit craps you can easily get enough in free rooms and offers to make it a positive play-depending on casino comp policies of course.
At 99.6% EV off the top it sure as hell beats the LOUSY video poker, 6-5 BJ and idiot slots most people on the "fabulous Strip" trip over themselves playing.





And this was the point of the OP. I think we're in violent agreement. If you value the rooms, buffets, etc, then yes you can turn it into a positive expectation game of sorts. This is what I meant when I posted my PPS in my first post on this thread.
I love how gamblers can turn "losing money" into a positive expectation with comps.

I wonder if there is such a thing as a professional gambler who lives off of comps?
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Originally posted by: MoneyLA
I love how gamblers can turn "losing money" into a positive expectation with comps.

I wonder if there is such a thing as a professional gambler who lives off of comps?


Wow. You must be a farmer, you have so many strawmen.

Who here said you could create enough of a positive expectation that you could live off of it? Who? Go ahead, we'll wait.



{{{Listens to the crickets}}}




Do you finally admit that taking full odds create a better chance for the gambler to win? Or are you going to change the subject again?

Easiest way to look at this(IMO) is:

Player A bets $50 every roll on passline.

Player B best $5 on pass line every roll out and then once a point is established takes $45 odds.

In the theoretical long run, player B will lose far less. Not only is Player B wagering far less on come out rolls, he is placing the majority of his wagers at even money.

I get the point Money LA is making. While not doing so in a very articulate manner, what Money LA is saying is as follows:

A.) The long run is indeed quite long and craps is perhaps the most volitle break even or near break even game there is in casinos. As an add on, literally no one has a barnkroll sufficient to acchieve the long run. Indeed, some casinos may even be underfunded in this regard.

B.) Wagering more so that one can take odds bets is a really bad idea. And in this regard, MoneyLA may be very correct.

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Originally posted by: speck72
Easiest way to look at this(IMO) is:

Player A bets $50 every roll on passline.

Player B best $5 on pass line every roll out and then once a point is established takes $45 odds.

In the theoretical long run, player B will lose far less. Not only is Player B wagering far less on come out rolls, he is placing the majority of his wagers at even money.

I get the point Money LA is making. While not doing so in a very articulate manner, what Money LA is saying is as follows:

A.) The long run is indeed quite long and craps is perhaps the most volitle break even or near break even game there is in casinos. As an add on, literally no one has a barnkroll sufficient to acchieve the long run.

Indeed, some casinos may even be underfunded in this regard.



Are u drunk?

Odds are odds they don't pay even money.

If 10 straight points of 4 are made player 1 would have 500 bones

player 2 would have 950 dollars

I'm done here Spock just made my point for me.











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Originally posted by: DeMango
No one saw this, nobody corrected this, so one more time. The expected value of your line bet does not change no matter what amount of odds you place behind. Period. The expected value of a $10 line bet is negative 14 point one effen cents. No effen more, no effen less.


No one corrected you because it is correct. Do you want a cookie? Adding more behind the line would affect the percentage return but not the actual amount as you said.

I was going to provide an example but speck72 did an excellent job. Let's say that a $15 bet is your comfort zone based on your bankroll. I agree that betting $15 on the pass line and adding more to it would be unwise in this example. The smart play (assuming $5 min bet) would be to bet $5 on the pass and $10 behind the line.

shlomo you self righteous dick brain, I never said that betting more money doesnt increase your chance of winning more.

I just f******g told you that all the damn f*****d up math in the world and betting your damn full odds will not make you a winner at craos.

happy new year you f*****g pompous ass.

craps is a negative expectation game. it always has been a negative expectation game. no betting scheme, no math formulas, no odds betting is every going to turn it into a positive expectation game.

stop trying to suck in players to a game that can only be won by LUCK or -- if you believe in it -- the art of skillfully throwing the dice. NO MATH will turn you into a winner.

Let that sink in. And tell me about it in 2012.
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Originally posted by: MoneyLA
shlomo you self righteous dick brain, I never said that betting more money doesnt increase your chance of winning more.

I just f******g told you that all the damn f*****d up math in the world and betting your damn full odds will not make you a winner at craos.

happy new year you f*****g pompous ass.

craps is a negative expectation game. it always has been a negative expectation game. no betting scheme, no math formulas, no odds betting is every going to turn it into a positive expectation game.

stop trying to suck in players to a game that can only be won by LUCK or -- if you believe in it -- the art of skillfully throwing the dice. NO MATH will turn you into a winner.

Let that sink in. And tell me about it in 2012.


In all fairness, one would only need to influence around one out of 25 rolls in order to turn the game into an expectation positive game for the player.

I'm not sure if thats actually possible though.

And even if it was, the game is so volitle that almost no one gets into the long run anyway. I don't know anyone that has the bankroll or the necessary time to get into the long run in craps.


Always play your lucky number.

Mine is "18".

On the roll, you may hear me say,

"Oh, S*it, a 6, I need more dice."




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