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  #1  
Old 12-04-2005, 06:15 PM
Jimbo Jimbo is offline
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Default Re: Craps Noobie

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Stickman & Doubledown,

You're wrong and/or inacurate

TONY

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Everything DD said in this thread is correct.

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Perhaps you should read his long post just above a bit closer Homer. He did make one serious mistake.

Jimbo
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  #2  
Old 12-04-2005, 06:31 PM
Homer Homer is offline
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Default Re: Craps Noobie

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Stickman & Doubledown,

You're wrong and/or inacurate

TONY

[/ QUOTE ]

Everything DD said in this thread is correct.

[/ QUOTE ]

Perhaps you should read his long post just above a bit closer Homer. He did make one serious mistake.

Jimbo

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Are you talking about this thread still? If so, I don't see the mistake. All the odds bet does is increase variance. You're still expected to lose the same amount of money.
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  #3  
Old 12-04-2005, 10:01 PM
flatline flatline is offline
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Default Re: Craps Noobie

This was all discussed ad nasuem in this thread: Taking Odds in Craps
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  #4  
Old 12-04-2005, 11:46 PM
Homer Homer is offline
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Default Re: Craps Noobie

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This was all discussed ad nasuem in this thread: Taking Odds in Craps

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I read some of the thread. Betting $10 on pass or $10 on pass plus $x in odds results in the same expected loss, in terms of dollars, to the house. That was DD's point in this thread. I still don't get what everyone thinks he said wrong.
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  #5  
Old 12-05-2005, 05:25 PM
Wake up CALL Wake up CALL is offline
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Default Re: Craps Noobie

[ QUOTE ]
[ QUOTE ]
This was all discussed ad nasuem in this thread: Taking Odds in Craps

[/ QUOTE ]

I read some of the thread. Betting $10 on pass or $10 on pass plus $x in odds results in the same expected loss, in terms of dollars, to the house. That was DD's point in this thread. I still don't get what everyone thinks he said wrong.

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My guess is that everone is assuming the same base bet. The proper assumption is that the crap shooter wishes $110 of pass line action on each roll. His choice is to either bet $10 on the pass line and take $100 odds (Assuming ten times odds are allowed) or to bet $110 on the pass line. He will certainly lose less in terms of dollars to the house in one manner compared to the other.
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  #6  
Old 12-08-2005, 09:47 AM
SheetWise SheetWise is offline
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Default Re: Craps Noobie

By the time you have an option to take odds, the wager is no longer at a small disadvantage -- it has lost the huge advantage it had on the come out roll, and is now at a serious disadvantage. Forget about the 1.4% when considering odds -- what you have is an even money 4,5,6,8,9, or 10. At this stage of the game, you have to factor in the emotional investment you have in seeing your 4 or 10 come before a 7. [img]/images/graemlins/wink.gif[/img]
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