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#2
09-19-2005, 12:42 AM
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HA
On the Don't Pass / Don't Come side, either 2 or 12 (regional preference) is considered a push (non-event) -- no win. It's still a loss on the front side. If there's a point established and the action is covered both front and back, the house has no interest in the outcome.
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#4
09-23-2005, 12:55 AM
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Re: Where does the house edge come from?
[ QUOTE ]
Same as it is on every other game- not paying you enough when you win. [/ QUOTE ] Or, not paying you at all ... or, giving you the advantage (then charging a commission), or ... the best is yet to come ...
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#5
09-23-2005, 09:12 AM
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Re: Where does the house edge in Craps come from?
In craps, when you bet pass line, you have the advantage on the first roll of the dice because 8 ways (7 or 11) wins where 4 ways (2,3,12) loses. However, 4,5,6,8,9,10 now become the point and from there on out the shooter is at the disadvantage because the 7 will show up more that whatever the point is that he needs. Rolling a point of 4-10 and being in this disadvantageous situation comes up more often, just barely enough that when you figure out all possible outcomes, the pass line bettor is at a disadvantage of 1.4%. One would think that therefore, a don't pass bettor should have a 1.4% advantage, but this isn't so, because as Sheetwise explained, on Don't Pass, when the shooter rolls a 12, it's not a win for the Don't Pass Bettor, rather just a push. It doesn't seem that much of a difference, but it's enough to make the don't pass also a 1.4% disadvantage.
(In fractions of a percentage, the don't pass is the slightly better bet)
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#6
09-23-2005, 10:13 PM
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Re: Where does the house edge in Craps come from?
[ QUOTE ]
I haven't played it much, but it's my understanding that you can bet on pass or don't pass and the player will always pass or not pass. Where's their advantage come from? [/ QUOTE ] The house edge on virtually all craps bets is that the payoff odds are less than the true odds of the outcome. The exception is the odds beat. These pays true odds, but require a -EV bet before you can make this one. The same holds with other house games like roulette. For example, there are 38 numbers on a roulette wheel (1-36 plus 0 and 00), but hitting one of them pays 35-1.
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