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[advice]Casino

Discussion in 'BBS Hangout' started by ketchupNmustard, May 16, 2012.

  1. macalu

    macalu Member

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    i think some of you need to take a statistics class or learn about gambler's fallacy.
     
  2. bobrek

    bobrek Politics belong in the D & D

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    What's wrong with this method? Obviously if there is a maximum bet then you could run into trouble if there is a statistical anomaly and it takes a long while to hit red. If that is the case, then start with a $1, $2 or $5 bet.
     
  3. FranchiseBlade

    Supporting Member

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    Craps has the best odds, but I'm not sure what bets to make. There are times when you're supposed to put the money up on the box with your point in it, and times when you aren't. I'm not sure about that. I lose almost every time I play that game.

    I have the best luck at Roulette. I usually bet either red or black, plus one of the 1st 12, 2nd 12, 3rd 12, bets, plus some singles on the numbers in the field.

    I realized that the odds are slightly more in your favor putting 12 singles on 12 numbers in a row instead of putting the money on the 1st 12, 2nd 12 line.

    Also with roulette more experienced dealers can get the ball to land within a certain range. Be nice to them then offer to place a bet for them. HAve them choose the number and they will get all the winnings if that number comes up. They will like you after that, and will often try and have the ball land somewhere where you can win.
     
  4. Thefabman

    Thefabman Member

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    Heres what you do, find the no limits roulette table and put your life savings on lucky number 7...we'll split the profits later :grin:
     
  5. tinman

    tinman 999999999
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    hard ways always working

    go max odds on the 6 and 8s
     
  6. joeyyungrocks

    joeyyungrocks Member

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    Well the reason being is lets take a look at this:

    Say that you start off with 1
    1
    2
    4
    8
    16
    32
    64
    128
    256
    512

    That is after 10 bets. At a 1 dollar table 500 bet will be the max more than likely. So that means you have to make at least 500 units before you lose that big one when you lose 11 in a row. Its not a winning strategy, if it was this easy to do the casino would come up with some rule to stop it. And you might say they still allow counting cards, yea they do but its not easy its not like anyone can do it without any practice or anything.
     
  7. Rip Van Rocket

    Rip Van Rocket Contributing Member

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    Go to http://www.wizardofodds.com and read up on the games.

    I would suggest that you stick with Blackjack(using basic strategy) and Craps(betting only certain high percentage bets). I don't play poker, but you can make money playing poker if you are a skilled player.

    If you learn how to play blackjack and craps properly, the casino has less than a 1% advantage over the player.

    Learning basic strategy blackjack is not difficult, it just takes a little time and practice at home. I don't count cards, as I want to relax and have fun when I play. Plus the casinos have made it difficult on the card counters by going to multi-deck shoes etc. So, just work on basic strategy and have fun.

    Craps looks complicated, but it really isn't after you study the game a little bit, and practice for free online. You can just make a pass bet and then back it up with an odds bet. That's only two simple bets, and the house has a very small advantage.

    The casino will have the advantage over the long run, but that doesn't mean you can't win over the short run. If the casino throws in some comps and you get a lot of free drinks, then it can be pretty cheap entertainment.

    Just remember, your'e going to have ups and downs, but if you learn how to play the games properly you should come out close to breaking even in the long run.

    I'm a low roller by the way. It would take all the fun out of going to the casino if I lost a large amount. I do play some video poker also, and I try to avoid the slots whenever possible.
     
  8. crash5179

    crash5179 Member

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    Craps no more is where 2, 3, 11 & 12 are added to the top of the table. So unless the shooter roles a 7 on the come out role the puck is placed. Hence the name "craps no more". I found that table in Shreveport at Sams Town several years ago (2004 I think).

    Vegas is my favorite place but since I quite working a Delta Airlines a few years ago I have not been back. I've been to Shreveport but not in a few years. I have hit most of the casinos in New Mexico between Albequerque and Santa Fe at on time or another (Rout 66, Sandia Peak, Santa Anta etc...). More recently I sometimes go to Windstar on the Oklahoma side of the OK and TX boarder because it's less than an hour from my house but they don't have a craps table so I don't go as often as I might. I keep hoping that they will add a casino to Lone Star Park (horse track) in Grand Prairie but it's probably best they don't.
     
  9. crash5179

    crash5179 Member

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    I've tried to do progressive betting before. I've tried it on craps and my brother does it on the roulette table. Sounds great in theory but you can find it seldom works as planed.

    I used to try it putting my money on the 4 and 10 and every time a 7 is rolled I would double my bet on both numbers. Sometimes it works and sometimes your bet gets really high and you just loose your money faster.

    My brother likes to wait until he sees the same color on the roulette wheel three times in a row and then bet the other color. If he looses then he doubles his bet on the same color and continues until he hits. Sounds great in theory but it does not work before you run out of money a lot of times. And if you are at a table with a max bet you could get behind to the point where it is almost impossible to catch up.
     
  10. FranchiseBlade

    Supporting Member

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    What is the strategy for playing the odds bets in craps? That's where my system usually falls apart. At what point do I do it, and on which numbers should I do it?
     
  11. Rip Van Rocket

    Rip Van Rocket Contributing Member

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    I guess it is a strategy, but I think of it as more of a rule that you want to follow to give yourself the best chance to win. You place your odds bet right after the the point is made on the come out roll. Just put your odds bet right behind your pass line bet, just outside the pass line area. You want to make this bet any time a point is established on the come out roll, it really doesn't matter what the point is. The odds bet is probably the best bet you can make in the entire casino, as the casino has no advantage over the player. You generally want to try and bet the maximum allowed on the odds bet. The maximum odds will be some multiple of your original pass bet on the come out roll(usually 3x-4x-5x). Below is some information from http://www.wizardofodds.com

     
    #31 Rip Van Rocket, May 17, 2012
    Last edited: May 17, 2012
    1 person likes this.
  12. TheresTheDagger

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    If the table is hot and the shooter is a number throwing machine then 3 things:

    First. Do NOT DISTRACT THE SHOOTER IN ANY MANNER. DO NOT ENGAGE HIM IN CONVERSATION. DO NOT MENTION THE NUMBER WHO WE SHALL NOT MENTION, AND AVOID EYE CONTACT WITH HIM.

    Second: Press up your odds bets after you have made back the money on the table. If possible to the maximum allowable odds.

    Third: Tip your dealers occasionally. Good karma.
     
  13. crash5179

    crash5179 Member

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    When and when not to place odds is mostly a matter of opinion but there are several deciding factors:

    - First there are multiple things that change the amount of the pay-off.

    - If you are betting with the shooter there are fewer ways to roll a 4 or a 10 than there is to roll a 6 or an 8, so if you are betting with the shooter you make more money with your chips on the 4 or 10 than the 6 or 8 but your odds of winning decrease.

    - Generally speaking I never place odds on the 4 if I’m betting on the shooter unless he or she is really hot. Some people think that’s crazy because that’s when you win the most money but your chances of winning are not good enough for me to risk it.

    - I always place max odds if my chips are on the 6 or 8 because there is only a slightly better chance of rolling a 7. There are 6 ways to roll a 7 and 5 ways to roll a 6 or 8. I like those odds much better than 4 or 10 which only have 3 ways each.

    - Once the puck is out you can play any point you want but you make more money if play a pass line bet, plus you can lay odds on those bets. The casino will help you with your odds if you ask them and many times they will let you know what your max odds are even if you don’t ask them.
     
    1 person likes this.
  14. wakkoman

    wakkoman Member

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    If that's your logic, then you shouldn't be placing odds on 10 either. The casino has no advantage on that bet. Theoretically you should be placing max odds on any point.
     
  15. Rip Van Rocket

    Rip Van Rocket Contributing Member

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    Yes, a lot of people don't like to place an odds bet when the point is 4 or 10, but they should. It all comes out the same in the end, regardless what the point is. What you need to remember to factor in is that when max odds are the typical 3x-4x-5x, you will have less money on the table when the point is a 4 as opposed to a 6 or 8.

    If your pass line bet is $5 then your max odds bet when the point is 4 would only be $15, while your max odds bet when the point is 6 would be $25. An odds bet with a point of 4 also pays 2 to 1, while an odds bet with a point of 6 only pays 6 to 5. So, while you are correct in saying that 4 comes up less than 10, you have to remember that you have less money at risk on the table when the point is 4 as opposed to 6, and you win more money when the point is 4 as opposed to 6. If the shooter rolls the point your odds bet pays you $30 no matter what the point is. So it's best to always play the max odds bet whenever possible, regardless what the point is. Of course, many people are superstitious and have their favorite numbers and all that, which is fine, as some people find this makes the game more fun to play.
     
    #35 Rip Van Rocket, May 17, 2012
    Last edited: May 18, 2012
  16. crash5179

    crash5179 Member

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    Thats a matter of perception. A five dollar bet is a five dollar bet, only the pay-off is different. If you are playing the pass line you don't know what the point is going to be so it's not as if you can bet less money because you know the point will be 4 as opposed to 6 because you don't have that info unless you are psychic. I'm not.

    Your chances of winning are a lot less when the point is on a 4 or 10 as opposed to a 6 or 8 so I tend to be conservative assuming 7 will be rolled before another 4 or 10 is rolled. Therefore I do not put odds on 4's or 10's unless I'm playing the don't.

    I know a lot of gamblers see the 4 or 10 as a chance to make even more money since the pay out is better. I'm just typically not that aggresive unless the table is hot, then its max odds on everything! :grin: I love that feeling. Nothing like it when the whole table is winning.

    I spend a lot of time playing the don't because I like the trade off of better chances to win but smaller pay-outs vs slimmer chances to win but bigger pay-outs. But if I can get into a rythem with the table then I just bet however the dice are rolling. It's always more fun with a hot shooter though.
     
  17. crash5179

    crash5179 Member

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    thats correct, 4's and 10's are the same to me. Saying the casino has no advantage isnot totally true but it's how they spin it. There are more ways to roll a 7 than there is to roll a 4 or 10 so your odds of actually winning are not good.

    If the point is 4 or 10 and you are playing the pass line there is a 3 in 36 chance each roll of you winning but there is a 6 in 36 chance on each roll that you will loose.

    The pay-out might be in your favor but your odds of winning are not.
     
    #37 crash5179, May 17, 2012
    Last edited: May 17, 2012
  18. Kim

    Kim Member

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    I do a lot of the doubling bets when I'm down, but I understand the broken logic behind that, meaning I accept risk. There is no winning theoretically...and that includes craps which is the best odds. BJ is beatable with basic counting in single deck if the dealer is tired and not switching it out as often. Heck, some of the best wins are due to bad dealers.

    Video Poker is very addictive because the payout is so good (meaning theoretical loss is very low if you're playing correctly), but that's why the comps run in at like 10% of video poker money for the same dollar spent in the pit. But when you're in the pit, I think you got to be betting min $50 at craps to get rated for comps.

    I stick to video poker, real poker, a little roulette (terrible, I know), poker based pit games (even more terrible), games with hot chick dealers showing cleavage (even worse), and then the best only 50/50 game in Vegas..."Chuck a Luck!!!" It's so much fun...I think it's the only game where you can sit there for hours getting drunk off your ass and only betting $1 per chuck and not win or lose anything. I know us Asians love the Pai Gow, but that can be incredibly slow and boring imo, which also causes me to bet more money and thus becomes intense and roller coastery...not for the faint of heart and not something recommended for beginners. I think NYNY might be the only casino left with chuck a luck.
     
  19. SuperBeeKay

    SuperBeeKay Member

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    i made so much money playing hold em against other people in vegas.

    made 400-500$ in poker, lost all of that in roulette. I guess the tip in roulette is bet big and dont play for a long time lol
     
  20. Rip Van Rocket

    Rip Van Rocket Contributing Member

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    I guess I'm not explaining it very well, and I apologize for that. I'm not really talking about the pass line bet. A winning pass line bet always pays only even money regardless what the point is. I'm talking about the separate odds bet you make after you make your pass line bet. You can only make an odds bet if you first make a pass line bet and the point is established. The odds bet is the only bet in the casino that does not have a house edge as it is paid off with true odds. It doesn't matter if the point is 4,5,6,8,9,or10. The key part is that you bet a different amount for your odds bet when the point is say a 4 as opposed to when it is a 6. A $15 odds bet when the point is 4 will win you $30, while a $25 odds bet when the point is 6 will also win $30. Please note that I am talking about a craps table that allows you to make an odds bet that is 3x-4x-5x of your pass line bet. 3x on the 4 and 10, 4x on the 5 and 9, and 5x on the 6 and 8.

    So, yes the number 4 does come up much less often than a 6. But, to win $30 on an odds bet when the point is 4, you only have to wager $15. As opposed to the $25 you have to wager to make $30 when the point is a 6. So you have less money on the table when the point is a 4 as opposed to when the point is a 6 to win the same amount, that's how it all evens out in the end.

    If this doesn't make sense(and it is a bit confusing) then I encourage you to do some research and I'm am sure it will become clear. I know I'm not the best at explaining all this.

    In order for me to understand all this I practiced making pass line and odds bets useing the free craps simulator at http://wizardofodds.com/play/craps/
     

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