Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

The Secrets of Remembering True Odds


Pssst...! Wanna know a secret?

How about the secret to remembering true odds?

When you play craps, you probably know the pay offs for most numbers on place bets. For example, the odds on the six and eight are 7:6 (bet $6, get $7), the odds on the five and nine are 7:5 (bet $5, get $7) and the odds on the four and ten are 9:5 (bet $5, get $9). But, when you want to add odds to your pass or come bets, the payoff is different. This is because they are true odds, which means that the casino has no advantage on these odds bets.

Wanna know the secret that craps pros use to remember the true odds?

Let's find out!

The true odds for the numbers six and eight are the same, 6:5. The odds for both the five and nine are 3:2 and the odds for the four and ten are 2:1. If you just subtract one from the smaller of these numbers and relate it to six (the number of times a seven rolls) you get the true odds.

So, to get the true odds for the four or ten, just subtract one from four (four is smaller than ten) to get three. So the true odds of the four or ten are 6:3, or 2:1. To get the true odds for the six or eight, subtract one from six (six is smaller than eight) to get five. So the true odds for the six or eight are 6:5. And finally, to get the true odds for the five or nine, subtract one from five (five is smaller than nine) to get four, so the odds of the five or nine are 6:4, or 3:2.

Here are some examples with some typical added odds bets.

If you have $10 on the come or pass line and your point is a five or nine, and you want to add some odds, just subtract one from five to get four. The true odds then is 6:4, or 3:2, so if you bet $20, you'll win $30. For double odds you can add $20 odds to your $10 flat bet and win $10 from the flat portion and $30 from the odds portion, for a total of $40.

If the point is four or ten, subtract one from four to get three. The true odds then is 6:3, or 2:1 so if you bet $20, you'll win $40. For double odds, you can add $20 to your flat $10 bet and win $10 on the flat portion and $40 to the odds portion, for a total of $50.

The six or eight is a little different. If you subtract one from six you get five, which means the true odds are 6:5. If you have a flat bet of $10, you would be able to take $20 in odds, (on a 2X odds table) however, this would mean a $24 odds payout, which is awkward for most casinos. So, to even things up, most casinos let you place $25 in odds behind the 6 or 8, (which really gives you 2.5X odds instead 2X), giving you $10 for the flat portion and an even $30 for the odds portion, for a total win of $40.

This true odds method works on don't-come and don't-pass bets as well, except the odds are reversed. This is because on the don't side you have the advantage rather than the house, so you have to bet more to get less.

If your don't-pass or don't-come flat bet is $10 and the point is five or nine, subtract one from five to get four, giving you odds of 4:6 (instead of 6:4), or 2:3. This means you have to bet $30 (on a 2X table) in odds to get a $20 payout, winning you a total of $30 ($10 flat + $20 odds).

If your don't number is four or ten, subtract one from four to get three, so the odds are 3:6, or 1:2. You would have to bet $40 in odds to get a $20 payout, winning you a total of $30 ($10 flat + $20 odds).

For the don't six or eight, subtract one from six to get five, so the odds are 5:6. You would have to bet $24 in odds to get a $20 payout, winning you a total of $30 ($10 flat + $20 odds).

The next time you play craps, remember this simple method to calculate the true odds. This way, you'll know what odds to give the dealers, and what the correct payoff should be.

And if things aren't going well on the pass line for you, you can always switch to the don't side. Cold tables can be very profitable for the "dark side" player!

Pssst...! Now you know the secret of remembering true odds!

(c) 2005 by Larry Edell

You can get a FREE issue of The Crapshooter, the only newsletter devoted exclusively to craps! Just send two first class stamps to The Crapshooter, Dept EZA, PO Box 421440, San Diego CA 92142, or you can subscribe at http://www.TheCrapshooter.com. You'll also receive a FREE catalog and a special FREE offer!


MORE RESOURCES:

Tallahassee.com

House panel hears casino gambling bill
Tallahassee.com
House Majority Leader Dana Young said she wanted to get a discussion going on gambling Thursday, so a committee heard about everything from glamorous mega-casinos to dying greyhounds in a four-hour hearing. Whether legislators will make any major ...
Florida debates gambling as big players lay down their betsYahoo News

all 66 news articles »


Casino Gambling Legalization Introduced; Projections Suggest $250M For HOPE
Peach Pundit
Today, a bi-partisan group of lawmakers has dropped bills that would pave the way for Georgia to aim higher and assert itself into the major leagues of casino gambling. Supporters of HR 807 and HB 677 tout a potential payoff of 10,000 construction jobs ...
Exclusive: Bills would legalize casino resorts in GeorgiaAtlanta Journal Constitution
Georgia lawmakers to look at legalizing casinosAtlanta Business Chronicle (blog)
Rep. Stephens files legislation that would bring full gambling t - MyFoxAL.com ...FOX6 WBRC - MyFoxAL.com

all 15 news articles »


Bradenton Herald

Don't spread casino gambling across Florida
Bradenton Herald
Florida should not become another Nevada with gambling casinos strung across the state, but that's the possible scenario with pending legislation in Tallahassee. Instead, the state should be renogtiating its exclusive gaming agreement with the Seminole ...

and more »


This is the year to expand casino gambling
Chicago Tribune
If the Illinois Legislature is ever going to pass a casino expansion bill, the odds are good this is going to be the year. Both the state and Chicago are facing major financial problems that will be worsened if the Illinois Supreme Court rules, as ...



Where Kentucky governor candidates stand on gaming
Newsandtribune
β€œHe does not believe casino gambling is a long-term solution for any of Kentucky's financial problems, so that will not be a priority for his administration.” β€’ James Comer β€” Campaign director Edwin King would not say if Comer personally supports or ...

and more »


CardPlayer.com

Connecticut Looks At More Casino Gambling
CardPlayer.com
The state of Connecticut is looking to expand its gambling industry to keep up with competition in the region. Many in the state are worried about new casinos being built in Massachusetts and New York. Other nearby states like Pennsylvania and Maryland ...
Connecticut lawmakers, Native American tribes push for 3 new casinos to ...MassLive.com
We started casino war and now we're losing itJournal Inquirer
Poll: Connecticut Opposes More Casinos, Highway TollsThe Daily Voice
Hartford Courant
all 185 news articles »


Online Poker.net

New York Looks To Expand Casino Gambling Before Online Poker
Online Poker.net
New York Looks To Expand Casino Gambling Before Online Poker New York currently has five Native-American casinos, and nine racetracks with video lottery terminals, but between 2013 and 2014 gambling revenues were down by 0.8% (after inflation), ...

and more »


Sun appears setting on casino gambling
Nashua Telegraph
Alittle more than two years ago, Gov. Maggie Hassan made the licensing of a single destination resort casino in southeastern New Hampshire a crucial funding source for her first two-year budget. Hassan took a lot of heat for championing the casino ...



Crossmap

GTA 5 Online Heists: Casino, Gambling DLC Release Leaked: Players Could ...
Crossmap
New details surfaced online purporting the release of GTA 5 Online Casino DLC has been revealed by an avid fan and added that this new expansion pack is about Casino, Slot Machines, Lottery, and Gambling where players can win millions of dollars.

and more »


Nation News

Avoid dangers of casino gambling
Nation News
In a word, legalisation of casino gambling will further erode the social fabric of this country. There are now stories making the rounds of school-age children being taken on board cruise ships for the purposes of prostitution. Casino gamblers are not ...

and more »

Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright © 2006 Luminati Inc. All rights reserved.