A question on Craps

[ZenMaster_Flash]

The general formula for the house edge ~ if you can buy x times odds

for DON’T BETTORS on the combined don't pass and laying FULL odds is ... (3/220)/(1+x).

Simplifying to .0136 / 1+X

Does anyone here have the formula for the DO bettors ?

[DSchles]

"Does anyone here have the formula for the DO bettors?"

0.04242/(3 + 2x), where you buy x times full odds.

Don

[ZenMaster_Flash]

Thanx Don,

Confirming that with high "free odds" the Dont's trump the "Do's"
. . . although a larger bankroll is at risk.

e.g.

With 10X Odds the House Edge for the Dont's is 0.012%
and for the Do's the H. E. is 50% higher at . . . 0.018%

[RS]

"Do you want 1% of $100 or 0.01% of $10,000?"

[ZenMaster_Flash]

"I'm believe that the house will not consider your free odds bet in giving out comps. I'm not 100% sure about that."

Generally the house will not include your odds in considering your rating for comp purposes.
However, I have discovered several casinos that do. This information I do not share except
with my closest comrades. Many people play V.P. on the principal that the comps boost their
return on the VP machines to > 100%.

Just so that this is clearly understood, there are many casinos that offer 10X Odds, and some 100 X.

At a 10 X table If you bet $25 on the Don't Pass Line and LAY the Max Odds after rolling a 10 or a 4

you'll be wagering an additional $500 - for a total house edge of 35¢ on $525. On other point numbers

(i.e. 6, 8, 5, 9) you will win the SAME $275 but LAY odds of $300 or $375 respectively. Also, the reader

must note that once the LAY money is bet the total action is favored by 6-5, 3-2, or 2-1, thus winning

more frequently than losing.

[DSchles]

What most people don't understand about the free odds bet is that, if you use it to its full potential, you should be simultaneously lowering the original pass line bet that you would normally make if you weren't permitted any odds at all. if all you're going to do is make the same pass line bet and then bet 10 times as much behind the line, you're just, quite literally, playing with yourself. You don't change your expected dollar loss one iota, and your variance skyrockets. That's just not a very intelligent way to play.

If, instead, as a normal, say, $25 pass line bettor, you now bet $10 or $15 on the line, while taking the maximum free odds, you lower your expected dollar loss, which, after all, is all you can hope for, shooting craps.

There is, of course, one way to lower the house edge to zero: don't play the stupid game!

Don

[ZenMaster_Flash]

I am often comp'd to some fine accommodations by shooting Craps
for comp's where 10X tables are offered and I will not be playing BJ