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:

State should hold its horses on casino gambling
Glens Falls Post-Star
Moody's Investment Services recently downgraded the gambling industry from “stable” to “negative.” Eleven of the 15 states that have casino gambling have shown year over year declines in revenues. Moody's predicts revenues reported by states will ...



NBCNews.com

Editorial: Chasing the fool's gold of casino gambling
SILive.com
This Tuesday, Oct. 12, 2010 file photo shows the Trump Plaza Hotel Casino in Atlantic City, N.J. The owners of the Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September. Trump Entertainment Resorts tells The Associated ...
Casino Expansion Proposal Riding On North-South Political DealNJ Spotlight
Opinion: Atlantic City casino shake-out could be devastating to troubled cityNJ.com
Atlantic City: Casinos, gambling and the economyDigiNews
New York Times -Washington Post -World Socialist Web Site
all 265 news articles »


Genting bets on New York casino gambling
MiamiHerald.com
Malaysian gaming giant Genting Group — stymied so far in its bid to bring casino gambling to Miami — is pushing hard in New York, where it is competing to win casino licenses under a 2013 law that cleared the way for full-fledged gambling in the state.

and more »


Longmeadow Town Manager Stephen Crane says repeal of casino gambling ...
MassLive.com
LONGMEADOW — Longmeadow Town Manager Stephen Crane, in response to a question on the matter, has offered his thoughts on the effect of the Massachusetts' Supreme Judicial Court's recent decision to allow state voters to decide the legality of ...



Dog racing dying with spread of casino gambling
GamingTodaySlotsToday
But, that was before the spread of casino gambling. Now, casinos are feeling the impact of over-abundance while most dog tracks have been shuttered. Lack of attendance and a growing concern over the treatment and health of the animals caused most ...

and more »


Boston Globe

Casino gambling, sick time, bottle bill and gas tax questions make ...
MassLive.com
BOSTON — Questions on casino gambling, mandatory sick leave, the bottle bill and a gas tax increase will all go before Massachusetts voters in November. Secretary of State William Galvin announced Thursday that the questions will go on the ballot in ...
Galvin announces order of ballot questionsTurn to 10
Ballot question backers face one more deadlineBoston Herald

all 50 news articles »


NorthJersey.com

Sweeney says NJ voters could decide whether to expand casino gambling ...
The Star-Ledger
TRENTON — State Senate President Stephen Sweeney said there could be a referendum on the ballot next November asking New Jersey voters to expand casino gambling to the northern part of the state, according to a report by The Record. Sweeney ...
NJ Senate president open to north Jersey casinosDailyrecord.com
The Record: North Jersey casinosNorthJersey.com

all 31 news articles »


Boston Globe

Martha Coakley is 'pleased' with SJC's ruling on casino gambling repeal
MassLive.com
Martha Coakley is 'pleased' with SJC's ruling on casino gambling repeal. Martha Coakley Casinos. Attorney General Martha Coakley speaking at a press conference on Tuesday. (Mike Deehan, State House News Service). Print · Garrett Quinn ...
Charlie Baker On Casino Gambling: "I'm Still A Big Believer In One Casino"WGBH NEWS
Supporters, critics of casino gambling ready for next step after ballot ...The Tribune
SJC: Massachusetts Voters Can Decide Casino IssueCBS Local
Boston Globe
all 334 news articles »


Council OKs new payment schedule for casino's gambling-tax debt
Longview Daily News
Cadillac Island Casino will pay its back taxes at a slower rate after the Longview City Council on Thursday night agreed to restructure its debt payments. The casino owes $260,000 in gambling taxes and had been making monthly payments of more than ...



Boston Globe

Sweetheart Deal: Casino Gambling, East Boston, And Mohegan Sun
WGBH NEWS
So, call me jealous since I live in the Back Bay and not Eastie, but I don't get why it's such a great thing that Mayor Marty Walsh has shaken down Mohegan Sun for $18 million a year to hand over to just one neighborhood for “improvements” when frankly ...
Boston scores lucrative deal with Mohegan in Revere casino bidBoston Herald
Sources: Boston has verbal agreement for 'host-like' surrounding community ...MassLive.com
Walsh: Casino deal at hand with MoheganNECN

all 92 news articles »

Google News


Advertisement



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

Copyright 2006 Luminati Inc. All rights reserved.