|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!
Lieutenant governor candidates split on casino gambling; Democrats agree on ... - The Republican - masslive.com
My Casino Blackjack Variation Game
I have played millions of hands of blackjack. I started sneaking into the casinos when I was 16.
Video poker is usually played against a machine, which displays the player's cards on a screen. Combining elements of poker and slots, this form poker is one of the few games in the casino where you can actually have a realistic expectation of winning, as opposed to depending on the pure luck of slot machine games or roulette.
The Difference Between Bankroll and Money Management
I am sure you would have heard comments like, 'if you don't have good money management skills then you simply won't win'; or how about 'money management is much more important than the selection strategy used'; or even 'you won't win if you don't have good money management skills'.There will always be a group of punters who is always bleating about the virtues of money management.
Slots And The Basics Of The Game
Whether your new to the slots or a seasoned player you'll find this information to be valuable. We'll even throw in a quick peek at slots in action at one of the best and most popular casinos on the net.
How to Profit at Online Poker Over the Long Run
The first and most important step is to take notes. Use a spreadsheet.
Online Poker --- Is It Safe? --- Is It for Me?
Online Poker RoomsRapidly Growing in PopularityPlaying online poker is fast becoming the most popular form of Internet gambling. You can play Texas holdem online, and match your gambling skills against players from all over the world, playing live poker games, with real people, right on your computer.
Gambling in Monte Carlo
Along the French Riviera, the Principality of Monaco Houses the small city of Monte Carlo. The city clings to the shore of the Mediterranean in beautiful sprawls of secluded bays and the small port of Monte Carlo.
Do You Believe These Four Online Slot Machine Myths?
The fact that people don't really understand how online slot machines work in terms of the Random Number Generator RNG used, has led to several myths that players believe in. Here are four of the most common.
The Secret of Making Money Before the Come Out
2005 World Series of Poker
The 2005 World Series of Poker event is scheduled to begin June 2, 2005 in Las Vegas and an estimated 5,000 players are expected to participate in the $10,000 buy-in, no-limit Texas hold 'em main event. The event will be held at the Rio Hotel and Casino from June 3rd to July 15th, with the last two days taking place at Jack Binnions Horseshoe Casino in Las Vegas.
World Poker Tour -- The Beginning of a Phenomenon
World Poker Tour high stakes poker tournaments started a revolution in the way the game is viewed, enjoyed, followed and played. Even though the World Series of Poker had been televised for years before the World Poker Tour (WPT), the game of poker was elevated when "WPT cams" were placed around the table so that the world could experience seeing what hand the players were playing and become emotionally involved in the decisions that were being made.
The Fine Print Behind Online Gambling Bonus Offers
If you have never opened an account with an online casino, poker room, or sports book you may be wondering if the bonus offers are legitimate. We are all aware of the wisdom in the sayings, "If an offer sounds too good to be true, it probably is" or "There is no such thing as a free lunch".
A Receipe to Success
FreeAdGuru Steven says it is all about pre selling. Do not sell the product Do the preselling.
Your POSITION Of Power In Holdem
In Hold'em poker, the importance of your position in relation to the dealer can not be stressed enough. The reason for learning position is that the later your position is the more information you will have about the other players.
Bluffing is an important part of most poker player's games. Knowing when and how to bluff will dramatically increase your win percentages.
Do You Want to Discover the Three Hidden Secrets of the Poker Playing Professional?
What's the difference between an amateur and a professional when it comes to poker playing? Professionals consistently win. Do you want to win like a pro? Professional poker players are professionals for a good reason - their professionals.
My Official Cheapskate Guide to Las Vegas
TRAVEL- The following is my penny pinchers guide to Las Vegas. The best way to cut your vacation costs is to travel cheap.
The Secret of Pushing the Pass Line
Roulette System: 5 Biggest Gambling Mistakes You Should Avoid
In this article I'd like to share with you the 5 biggestgambling mistakes of most average gamblers. Las Vegas thrives on people making these mistakesand makes more money this way.
Four Tips for Online Poker - Tells, Mixing it Up, Preflop Rasies and Changing Gears
Tip One: Mix Up Your Play: Once you have mastered the fundamentals of a particular game (for the purpose of this article we'll use No Limit Texas Hold'em) it's very easy to lapse into predictable play. This is particularly true when playing online.
Section Site Map - Submit News - Feedback - Comments - Advertise with Us
Copyright © 2006 Luminati Inc. All rights reserved.