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:

Syracuse.com

Albany makes bad bets on casino gambling and a legislative pay raise: Stephen ...
Syracuse.com
Yet that is exactly what New York state is about to do in awarding sites for casino gambling. Casino gambling is a sinking ship. In New Jersey, casino revenue tanked 45 percent, or $2.3 billion, in the past seven years. Trump's Taj Mahal is the fourth ...



Casino Scam Report

Taiwan Seeks to Finalize Casino Gambling Bill for 2015
Casino Scam Report
Taiwan Seeks to Finalize Casino Gambling for 2015 A discussion that would lead to the approval of casino gambling is set to take place next month in Taiwan. The parliament is going to look at the drafted bill that has been put together, and if approved ...



RU Daily Targum

Experts analyze benefits of horse racing, casino gambling in New Jersey
RU Daily Targum
Nowhere in New Jersey can one find casino gambling and horseback racing in the same place. This is putting pressure on both industries, according to a study entitled “2014 State of the New Jersey Horse Racing Industry” by Karyn Malinowski, professor ...



The Star-Ledger

Rutgers: Adding casino gambling to race tracks would benefit all of New Jersey
The Star-Ledger
NEW BRUNSWICK, N.J. — The Rutgers Equine Science Center released "2014 State of the New Jersey Horse Racing Industry", a follow-up to the 2009 white paper which reported the impact of slot machines and video lottery terminals on the horse racing ...



Watchdog Wire

Texas Legislature Considering A Measure Legalizing Casino Gambling
Watchdog Wire
A measure that would establish a Texas Gaming Commission and that would allow that commission to establish casino gambling in resort areas, cities with more than 675,000 people and existing pari-mutuel horse tracks, has been introduced to the state ...
Measure Would Allow Casino Gambing in TexasWOAI.com

all 2 news articles »


Municipal leaders eager to get a piece of the casino gambling action
Asahi Shimbun
Legalized casino gambling would be a “godsend” for Hashimoto and Matsui. The prefectural and municipal governments made it official this spring to push for bringing a casino resort complex to Yumeshima, a man-made island under construction in Osaka ...

and more »


Thomas Sweetz: Will gambling continue to provide governments with tax revenue?
Allentown Morning Call
Pennsylvania's 13th casino will be Live! Hotel & Casino in Philadelphia, a $425 million project approved this week by the Pennsylvania Gaming Control Board. Pennsylvania's 13th casino will be Live! Hotel & Casino in Philadelphia, a $425 million project ...



Fox News

Will all bets be off? Massachusetts voters to decide casino gambling's fate
Fox News
A citizen-initiated ballot question this November will give voters a chance to reverse that 2011 decision -- ending casino gambling in the Bay State before it even begins. "The promises of revenue and jobs don't hold up," said John Ribeiro, chairman of ...
EDIT: Massachusetts Ballot Question 3Daily Free Press (subscription)
You Can Repeal the DealValley Advocate
Economic benefits of casinos likely to outweigh costsThe Conversation US

all 74 news articles »


Boston Globe

Voters: Casino gambling is a winner
MetroWest Daily News
PLAINVILLE – Voters dealt casinos the winning hand. Massachusetts voters rejected Question 3 Tuesday, saying yes to the state's fledgling casino industry. The ballot question, which called for repealing the state's 2011 casino gambling law, was ...
Voters approve earned sick time law, vote to keep casino gamblingWorcester Business Journal
Question 3 defeated; Mass. voters opt to keep casino gambling lawWicked Local Easton
Casino Gambling Is Coming To Mass.NECN
Wicked Local Framingham -CBS Local
all 376 news articles »


Lawmakers support casino gambling on Savannah's Hutchinson Island
Atlanta Business Chronicle
Savannah-based state legislators said Wednesday an effort is in the works to allow gambling casinos on Savannah's Hutchinson Island. The topic surfaced during the Savannah City Council's legislative luncheon on Hutchinson, after Alderman Tom Bordeaux ...

and more »

Google News


Advertisement



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

Copyright 2006 Luminati Inc. All rights reserved.