Craps

dantheman_05 · #1 01-12-2005, 03:54 AM

Being new to craps, I am looking for the best strategy. Are the odds always against me? Which bets give me the best "odds"?

gaming_mouse · #2 01-12-2005, 07:00 AM

[ QUOTE ]
Being new to craps, I am looking for the best strategy. Are the odds always against me? Which bets give me the best "odds"?

[/ QUOTE ]

Betting "behind the line" on your points is the best bet in craps, as the casino will pay you the true odds on those bets.

You will always have to have one bet, though -- your original point -- which is not being paid the true odds, and this is where the casino's edge comes from.

So when you see casino's offering things like "30x odds" it means that for every $1 you are wagering at reduced odds (ie, odds that give the casino a small advantage), you can wager up to $30 at the true odds. If you do this, you will something very close to a fair game.

HTH,
gm

dantheman_05 · #3 01-12-2005, 08:21 AM

so i have to bet teh pass line first right? then i est a point. i can bet on that point in multipoles of $6 and the casino will lay me the "correct" odds. for ex. the point is 10. so i have 3:36 odds in hitting a ten, but 1:6 to hit a 7. so if i amke another "behind the line" bet on 10 the casino will lay me what odds?-

MickeyHoldem · #4 01-12-2005, 08:57 AM

Bets behind the line pay the following:

point 4,10...... 2 to 1
point 5,9....... 3 to 2
point 6,8....... 6 to 5

dantheman_05 · #5 01-12-2005, 09:32 AM

i may be misunderstanding this concept. i fthe point is 10 iam a 12:1 dog to hit my point, buti am only getting 2:1 odds??how is thi s agood bet?

Precision1C · #6 01-12-2005, 10:57 AM

When you make a point bet, say on a ten, you lose on a 7 and win on a ten all the other rolls are meaningless for this bet. So you compare the odds of getting a 7, 6/36, versus getting a 10, 3/36, so the odds of getting a 10 verus a 7 is 2:1.

gaming_mouse · #7 01-12-2005, 08:58 AM

[ QUOTE ]
so i have to bet teh pass line first right? then i est a point. i can bet on that point in multipoles of $6 and the casino will lay me the "correct" odds. for ex. the point is 10. so i have 3:36 odds in hitting a ten, but 1:6 to hit a 7. so if i amke another "behind the line" bet on 10 the casino will lay me what odds?-

[/ QUOTE ]

A behind the line bet will pay the true odds, which, as you say, are 3:36. For ever 3 bet, you win 36.

You point bet, however, will be getting slightly less than that. I don't remember offhand what it is, but it will be something like 3:35 or 3:33.

gaming_mouse · #8 01-12-2005, 06:26 PM

[ QUOTE ]
A behind the line bet will pay the true odds, which, as you say, are 3:36. For ever 3 bet, you win 36.

You point bet, however, will be getting slightly less than that. I don't remember offhand what it is, but it will be something like 3:35 or 3:33.

[/ QUOTE ]

Wooops. These numbers are off -- sorry if I confused you. The concept is correct though.

The reason the numbers are off is that the bet is not hitting your point on a single roll, but hitting your point before a 7.

gm

dantheman_05 · #9 01-12-2005, 06:05 PM

okay, what about betting teh don't pass? i would be getting 2:1 odds on teh come out roll. there are 8 ways to hit 7 or 11 and only 6 ways to hit 2,3,12. so its a 8:6 underdog to win the dont pass bet on come out roll. but if a point is est. i am favorite to win right?? maybe this is the bet way to reduce the house advantage? (instead of playing teh pass line) i am also assuming all teh other bets are not worthy of taking. im not looking to play craps for a living, just want to have some fun [img]/images/graemlins/smile.gif[/img]

DrPublo · #10 01-12-2005, 08:31 PM

This is a common fallacy. People think that if betting with the shooter is -EV, then betting with the house must be +EV. The problem is that the house takes away 12 from you on the dont pass, so they both wind up being -EV. Although I think the don't pass is slightly better for you.

The reason most people don't play the don't pass is because instead of taking odds, you have to lay odds. Example, you bet $10 on the don't pass. The shooter makes a 10. Now you have to bet $20 to win $10, instead of the other way around (as it would be on the pass line). This is an unattractive option to most players even though its still a true odds bet.

Also some players get annoyed at the one guy who's betting against the shooter, while the whole table is betting with the shooter. Karma or something. While this is mathematically meaningless, if you're looking to have a good time you might not want to be the singled out guy on the table.

The Doc