💰 What does "x odds" mean at casino royale on craps? - Las Vegas Forum - Tripadvisor

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At double odds, the house edge is percent, declining to percent at 3x, 4x, 5x odds, percent at 5x odds, percent at 10x odds and.


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craps house edge with 10x odds

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Answer 1 of I keep reading about craps odds, and how if you bet the max odds, you're minimizing the house edge. But if you're already playing at a $


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craps house edge with 10x odds

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In a recent QoD on double-odds craps, LVA says: "The expected win (or hold) for both double odds and X odds is around 10%.” I've always.


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craps house edge with 10x odds

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The odds bet in craps is one of the most important bets on the table, but it's not even labeled. What Effect Do Craps Odds Have on the House Edge? odds since it features a number of casinos that offer 10x odds or better.


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craps house edge with 10x odds

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craps house edge with 10x odds

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In a recent QoD on double-odds craps, LVA says: "The expected win (or hold) for both double odds and X odds is around 10%.” I've always.


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craps house edge with 10x odds

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The Wizard of Odds gives the odds, house edge, and proper strategy for the If you see a casino advertising something like "10X Odds," that.


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The odds bet has zero house advantage to it, which is why you want to play as I have played at a 10X table often enough, and rarely see anyone bet 10X.


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The 6 Best Places to Play Craps When You Visit the Las Vegas Strip House Edge on Craps Odds Bet (by Odds Limit) Folks who like to play a bit bigger will also find a pair of tables with a $10 minimum and 10x Odds.


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craps house edge with 10x odds

These bets are long shots so pay higher odds than everything we've seen so far. Lay bets are like laying the Odds or Place to Lose bets, except with different odds. It is called Taking the Odds if you bet on a point after a Pass bet. As you get more experienced, you can add more bets to your repertoire. It is called Laying Odds if you bet against a point after a Don't Pass bet. The Big 6 and 8 are exactly like the place bets on 6 and 8, respectively, except pay even money, instead of 7 to 6. Wins and the multiple you may take on the Odds is the same for both Pass and Come bets. The odds on the Odds are exactly fair, which zero house edge. Some always resolve in one roll and others may take many rolls. Bravo Australia! Here are the rules of what is on and off on a come out roll.{/INSERTKEYS}{/PARAGRAPH} This commission is usually non-refundable. A person betting on the don't pass is called a "wrong" bettor and is usually winning when everone else is losing, and vise versa. Finally, if comps are important to you, then be warned that most casinos do not count bets on the Odds towards the average amount you bet, because they don't stand to make any profit on it. If any other total is rolled 4, 5, 6, 8, 9, or 10 that total is called "the point. As mentioned above, Place and Buy bets are exactly the same thing, but with different odds. Here is the better bet, according to the number bet on:. If you make this bet, keep a low profile. However, at some casinos, the commission on the 4 and 10 is charged only on a win. However, in craps it often takes many rolls to resolve a bet, with the player being allowed to take down the bet at any time until it wins or loses. In craps the 4,5,6,8,9, and 10 are known as the Place numbers. Like Pass bets, you may take Odds after a Come bet. If you see a casino advertising something like "10X Odds," that means that you can bet up to ten times you Pass bet on the Odds. For that, I salute them! The following tables show the house edge both with the commission always payable and after a win only. For example, if casino allows 5X Odds, then you may bet up to an amount such that a win would be no more than 5X the Don't Pass bet. While these bets can be temporarily turned off for a roll, some of them automatically are on a come out roll, unless otherwise requested. If the 7 comes first you win, if the point come first you lose. Do not make a Pass bet after the come out roll. If this is how you view the game, I have good news. After much thought, I have decided to express the house edge in craps three ways:. You can easily get by knowing just this bet your first time. To be specific, However, you can combine a put bet with an odds bet, bringing down the overall house edge. The Pass bet is put on the the pass line itself on a come out roll. The don't pass is almost the opposite of the pass line bet. However, craps players usually leave such bets up until they are resolved. All wins pay even money. For example, a hard 8 would be a , while an easy 8 would be or There are four Hard Way bets, on the 4, 6, 8, and Each wins by rolling the specified number the hard way, and lose on any 7 or on an easy way. To be specific, place bets on the 6 and 8 pay 7 to 6, the 5 and 9 pay 7 to 5, and the 4 and 10 pay 9 to 5. They win on a seven, and lose on the the number you're betting against. You may also lay the Odds if any point is rolled after a Don't Come bet, in the same way as a Don't Pass bet. In my opinion, the best bets in craps are those with a low "per roll" house edge. You would be a fool to make these bets with you could get much better odds on the same thing with a Place bet. I can sympathize with the beginner, because at one point in time this was how craps appeared to me. Many bets can be removed, or temporarily turned off, at any time. If a seven comes before the point, then you lose. If the come out roll is a 2 or 3 then you win, a 7 or 11 you lose. Compared to other casino games, that would be the consistent thing to do. The Odds is like a side bet in craps made after a point is thrown. Buy bets are like Odds or Place bets, except with different odds. The Pass is the most fundamental bet in craps; almost every player at the table bets on it. How did they come up with this? It pays if the point is thrown before a seven. {PARAGRAPH}{INSERTKEYS}Craps can be an intimidating game for the beginner. If the come out roll is a 2, 3, or 12, then you lose. Most casinos allow what is known as "3- X Odds. Almost every legitimate gambling writer counts pushes in this calculation. The player may bet on any of these numbers, and if it is rolled before a seven, the bet wins. A Come bet is mathematically the same as a Pass bet. I think because if the player always takes the maximum odds, and he wins on the pass line, the Odds bet will always pay 6 times the pass line wager, making the math easier for the dealers. To make an odds bet after a pass line bet just put the odds bet behind the pass line bet, outside of the pass line area on the side closer to you. Place to Lose bets to lose are the opposite of Place bets. In all forms of gambling I try to teach the player to make the best bets. Because the Odds has zero house edge the player can only bet so much on it compared to his Pass bet. The tables below show the best odds are on the 6 and 8. In both cases the odds are statistically fair, with no house edge. If you only understand one bet in craps, it should be this one. Then, the shooter will roll the dice until he either rolls that same point again, or a seven. In craps, the player may skip the come out roll on a pass or come bet. Following is a flow chart showing how to adjudicate the Hard 8 bet, as an example. The odds paid are as follows. Some casinos pay even more, like 5X, 10X, 20X, or X odds on all points. Place bets are just like odds bets, except no pass line bet is required, and don't pay as much odds. There is one fundamental bet, the "pass line" bet, that almost all players make. This is the opposite of taking odds, in other words betting that a seven will be rolled before the point. Rolling an even number with the same number of both dice is said to be the "hard way. In Australia, they add 0. Craps has a lot of different kinds of bets. To be specific Laying the Odds against a 4 or 10 pays 1 to 2, against a 5 or 9 pays 2 to 3, and against a 6 or 8 pays 5 to 6. Should such meaningless rolls, that don't effect the outcome, be treated as the wager pushing? The standard definition of the house edge is the ratio of the expected player loss to the initial wager. This is allowed but is highly ill-advised because the value of a pass line bet is diminished after the come out roll. A 12 is a push, except in Reno and Lake Tahoe, where a 2 is a push instead of the Otherwise, the dice are rolled over and over until either the point or a 7 is rolled. Here are the breakeven points, according to point. The only difference is it is made any time other than a Come Out roll. As mentioned above, Place to Lose and Lay bets are exactly the same thing, but with different odds. The table seems to have about a hundred different kinds of bets, the players are barking out commands in what seems to be a foreign language, and the pace is too fast to ever ask a question. Such a late bet on the pass and come is known as a "put bet. After just your first five minutes, you should feel comfortable with the flow of the game and can start acting natural, like you've been a craps player for years. The question gambling writers must face is whether to count meaningless rolls as a push in calculating the house edge, or wait until the wager is resolved. In the U. To be specific, the Odds pays 2 to 1 on points of 4 and 10, 3 to 2 on a 5 and 9, and 6 to 5 on a 6 and 8. If the point is rolled first, then you win even money. The other players do not want to see you yelling "yippy" as they are losing. You can tell it is a come out roll if there is a black laminated marker on the table that says "off.