|
|
|
|
#1
07-12-2005, 06:43 AM
|
|||
|
|||
Craps
I am having a debate with a non-gambling co-worker about craps.
He believes that betting the “don’t pass line” is better odds than then the “pass line” line. I have always believed they are the same odds. I could figure it out if I remembered the rules, but I have not played craps since I discovered poker. Can anyone help me out with the odds? 
|
|
#2
07-12-2005, 07:57 AM
|
|||
|
|||
|
Re: Craps
The pass line wins ~49.29% of the time and loses ~50.71%
this gives the house a 1.41% edge The don't pass line wins less... ~47.93% and loses ~49.29% because the don't pass line pushes on a 12... the house edge is only ~1.36% this makes the don't pass line a slightly better wager.
|
|
#4
07-12-2005, 01:02 PM
|
|||
|
|||
|
Re: Craps
[ QUOTE ]
The pass line wins ~49.29% of the time and loses ~50.71% this gives the house a 1.41% edge The don't pass line wins less... ~47.93% and loses ~49.29% because the don't pass line pushes on a 12... the house edge is only ~1.36% this makes the don't pass line a slightly better wager. [/ QUOTE ] I didn't think there was that much of a difference. Check out the rec.gambling FAQ: http://www.conjelco.com/faq/craps.html It gives 1.4141% and 1.4026% for pass and don't pass, respectively.
|
|
#5
07-12-2005, 04:31 PM
|
|||
|
|||
|
Re: Craps
Yes, my calculation for the don't pass is off... Don't pass should win 949/1925 for 0.492987 and a house edge of 1.402597%
Quick replies with 2 kids screaming for more fruit loops should be avoided.
|
|
#6
07-12-2005, 07:36 PM
|
|||
|
|||
|
Re: Craps
But you have failed to adjust expectation for the buying or laying of odds. Since we know the game has a negative expectation, our optimal strategy is to minimize loss. If you can minimize expected loss based on handle by a factor of 2, it makes other variables (such as dealer error) more interesting (strategically).
SheetWise
|
 |
|
|
Hybrid Mode
