Totalbet 10% refund on Craps losses

[flatline]

I'm pretty sure this can be +EV.

Let's say you make only one bet. Pass line for $100.

Two possibilites.
48.6% of the time you win and have $200. (.486*200)=97.2
51.4% of the time you lose and have $10. (.514*10)=5.14

So, on average you will have (97.2+5.14)=$102.34

Of course, if you keep betting, the HA will quickly make this -EV.

[junkmail3]

[ QUOTE ]

Of course, if you keep betting, the HA will quickly make this -EV.

[/ QUOTE ]

If the HA isn't changing ... how can the EV of a bet change?

[tylerdurden]

[ QUOTE ]
[ QUOTE ]

Of course, if you keep betting, the HA will quickly make this -EV.

[/ QUOTE ]

If the HA isn't changing ... how can the EV of a bet change?

[/ QUOTE ]

The refund isn't on each bet, it's on the total loss.