Some quick craps questions (simple).

resboard · #1 10-25-2007, 10:12 AM

I have never played craps in a casino, only in play money online. When my brother played in a casino he said you have to bet certain amount on the numbers so they can pay you out easily. I am going to vegas next week and don't want to look like an idiot, so can someone help me figure out how much i will have to give the dealer.

Lets say its a $3 crap tables. How much do i have to put on 4&10
5&9
6&8

And i guess my final question is... When you have money ona number and it hits, they push you your winnings. How do you tell them you want the money back from the number?

Thanks for any help

stylos · #2 10-25-2007, 11:20 AM

Assuming that you mean place bets, the true odds are:
4&10 2:1
5&9 3:2
6&8 6:5

However, place bets have lesser payouts so the payout odds are:
4&10 9:5
5&9 7:5
6&8 7:6

Therefore, if you are putting a place bet on 4, 10, 5, or 9, multiples are 5 are favorable, and with 6 or 8, multiples are 6 are favorable.

ie:
Place bet $5 on 4 or 10, the payout would be $9.
Place bet $5 on 5 or 9, the payout would be $7.
Place bet $6 on 6 or 8, the payout would be $7.

In terms of what happens if you hit, you can tell the dealer what you want to happen with your winnings and/or bet. For example, some common moves would be: take everything down (bet/winnings), raise your current place bet X units, or shift your place bet to another number. Some dealers will pick up on betting patterns and make an action automatically and just confirm it with you. Bottom line is just tell them what you want, you don't need fancy terminology [img]/images/graemlins/smile.gif[/img], especially in a touristy place like Vegas.

resboard · #3 10-25-2007, 12:30 PM

Ok just let me confirm that i understand correctly. If its a $3 table that means i can bet $3 on the passline. Then once a point is established i can bet $5 on the 4,5,9,10 and $6 on 6&8?

I guess one last question too.. Say i have money on 6 and 8 and the point is 9 and it hits. They turn off the money on 6 & 8 until a point is established again... so do they automatically turn it back on or do i have to tell them to turn it back on? Thank you so much for helping.

stylos · #4 10-25-2007, 02:58 PM

The betting description I posted above is just for place bets, which is after the point has been established. If the table min is $3, you can bet the pass/don't pass any amount equal or over that, because it doesn't matter since your getting paid 1:1 so there aren't any funky possible payout amounts. Your right with the understanding that once a point has been established then you can do place bets on 4-10.

If you have a place bet on 6 and 8 and the point is 9 and it hits, then the pass line pays out but your place bets remain on the table for the next established point automatically. However, you can remove place bets at any time.

ChipWrecked · #5 10-26-2007, 09:06 AM

Don't forget the beauty of 'odds' bets behind your pass line bet when the point is on.

http://wizardofodds.com/craps

asterion · #6 10-26-2007, 09:53 PM

[ QUOTE ]

If you have a place bet on 6 and 8 and the point is 9 and it hits, then the pass line pays out but your place bets remain on the table for the next established point automatically. However, you can remove place bets at any time.

[/ QUOTE ]The dealers should take all your place bets "off" (that is, inactive) before the come out roll. However, it is possible to turn the bets back on. It's generally not a great idea. Actually, I can't think of a reason to keep those bets on during the come-out roll. Maybe if you were laying bets and playing don't pass. Of course, then you're basically hedging your bets.

AlienBoy · #7 11-01-2007, 11:26 PM

[ QUOTE ]
The dealers should take all your place bets "off" (that is, inactive) before the come out roll. However, it is possible to turn the bets back on. It's generally not statistically significant one way or the other. Actually, I can't think of a reason not to keep those bets on during the come-out roll.

[/ QUOTE ]

FYP.

Unless the shooter is a skilled precision shooter who is going for 7s on the comeout, it makes no difference whatsoever if your place bets (or come point odds bets) are working or not. If the the dice are being tossed randomly, then it is irrelevant as to what is working or note - the probability and payouts do not change.

AB

Poshua · #8 11-02-2007, 10:48 AM

[ QUOTE ]
[ QUOTE ]
The dealers should take all your place bets "off" (that is, inactive) before the come out roll. However, it is possible to turn the bets back on. It's generally not statistically significant one way or the other. Actually, I can't think of a reason not to keep those bets on during the come-out roll.

[/ QUOTE ]

FYP.

Unless the shooter is a skilled precision shooter who is going for 7s on the comeout, it makes no difference whatsoever if your place bets (or come point odds bets) are working or not. If the the dice are being tossed randomly, then it is irrelevant as to what is working or note - the probability and payouts do not change.

AB

[/ QUOTE ]

Actually, leaving the odds bets 'on' for your come bets reduces your house edge slightly, as discussed by the Wizard of Odds. The reason is that there's no house edge on the odds bet, while there is an edge on the underlying come bet. If the odds bet is on every roll, a larger percentage of the money you're risking is at no edge on any given roll, reducing the blended house edge. This is unrelated to precision shooting.

That said, the effect is not very large, and I personally usually leave the odds off. I think the reason the casino defaults to odds/place bets 'off' is to align players interests; craps is more fun when everyone at the table wants the same thing, and leaving the place/odds bets off on the come out roll generally means everybody's happy to see a 7.

For note, while leaving the come bet odds on reduces your blended house edge, it does not change your expected loss. This is because the reduction in the edge is exactly offset by the increased amount you are risking. More broadly, making odds bets with zero house edge improves your blended house edge and increases variance, but has no impact on expected loss.

MCS · #9 11-02-2007, 11:11 AM

[ QUOTE ]
For note, while leaving the come bet odds on reduces your blended house edge, it does not change your expected loss.

[/ QUOTE ]

This is an important point that people always ignore. I hear things like, "Dude, 100x odds, their edge is only 0.02%!" And I'm thinking yeah, if I were planning to risk $500 a roll, I guess I'd take advantage of that.

AlienBoy · #10 11-05-2007, 06:18 PM

[ QUOTE ]
Actually, leaving the odds bets 'on' for your come bets reduces your house edge slightly, as discussed by the Wizard of Odds. The reason is that there's no house edge on the odds bet, while there is an edge on the underlying come bet. If the odds bet is on every roll, a larger percentage of the money you're risking is at no edge on any given roll, reducing the blended house edge.

[/ QUOTE ]

Yes, of course, I hadn't fully thought that through - yet another reason to keep them working.

AB