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Best of John Grochowski
A Shuffle through the Gaming Mailbag10 December 2002
A. For the benefit of those who don't know what a put bet is, it's a pass-line wager placed after a point has already been established on the comeout roll. Without free odds, it wouldn't even be worth considering. The put bettor skips the best part of the pass line--the comeout, where there are eight ways to win and only four ways to lose--and skips straight to the portion of the bet where the bettor becomes a big underdog.
With the most frequently rolled point numbers, the 6 and 8, the house edge is an unacceptably high 9.1 percent, and it gets far worse with the other numbers--27.3 percent on 5 or 9, and 33.3 percent on 4 or 10.
But as R.F. points out, when backed with 5x odds, the house edge on putting the 6 and 8 is the same 1.52 percent as when we place 6 or 8. If we take 6x odds or more, the put bets on 6 or 8 actually has a lower house edge than the place bets.
So if your choice is between putting the 6 and 8 and placing the same numbers, then yes, you have a lower house edge if you put the numbers as long as you back them with more than 5x odds.
The house edge is lower on a pass bet plus odds than on a put bet with the same amount of odds. The house edge on pass with 5x odds is 0.33 percent, and drops to 0.18 percent with 10x odds, 0.1 percent with 20x odds and 0.02 percent with 100x odds, far lower at every step than the put bet at 1.52 percent with 5x odds, 0.83 percent at 10x odds, 0.43 at 20x odds and 0.09 at 100x.
A. Most of the tales of unusual wins I've received have been from slot and video poker players. Thanks for one from the tables. If other table players have stories of big streaks or freak wins, please e-mail them to me for use in future columns.
For more information about craps, we recommend:The Craps Answer Book by John Grochowski
Forever Craps by Frank Scoblete
Beat the Craps Out of the Casinos: How to Play Craps and Win! by Frank Scoblete
The Captain’s Craps Revolution! by Frank Scoblete
Sharpshooter Craps Audio Cassette Tape (60 minutes) with Frank Scoblete
This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at email@example.com.
Best of John Grochowski