Re: Question from Gambling Theory & Other Topics
Yep, I found it - page 168:
"When you take 100 times odds, your disadvantage is so miniscule (about 2/100 of 1 percent, even less if you are a "don't" bettor) as to be almost irrelevant. That doesn't mean that you could start playing craps for a living. But the truth of the matter is if you made only pass, don't pass, come, or don't come bets, and constantly took 100 times odds you actually would have a small advantage in practice. This is true as long as you were willing to take the money when the dealer made a mistake in your favor and to point it out to him when he made a mistake in his favor. If you are astute enough not to make any errors yourself and complicate matters by betting odd amounts you would almost certainly have the best of it when playing craps at one of these 100 times odds places. Still, that edge would be very small and would involve giant swings. So we don't recommend it."
Pure over-reaction on the article writer's part, as I gather most of us suspected. Thanks for clearing that up, Mason.
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