So I was thinking about this while playing craps last night on my table, and I hit field number after field number! I would love to get some feedback! $10 in the field and double after every loss! Where I play, it would allow me 13 losses before I get to table max! I’m not saying I have the bankroll to even come close to that. Unlike blackjack, there is no possibility to have to double or split and have to put up more money! There is always the hope of hitting a 2 or 12 on a larger bet and getting the double or triple payout. I know the field bet holds a high house edge, but I would love to hear some feedback and other thoughts on this topic! Besides, I just love posting to this site!
Michael
Replies:
Posted by: billythekid on September 19, 2013, 3:40 pm
How would you feel trying to win your $10 betting $5120 in the field…… after losing $5110 on the previous rolls. It will happen. That’s risking over $10,000 to win $10. Got TUMS?
BTK
Posted by: Finisher on September 19, 2013, 11:46 pm
Good Rolling. 😀 😀
Posted by: Timmer on September 20, 2013, 11:13 am
This is a great post that has already generated some interesting responses from Finisher and BTK. Thanks for taking the time to ask your questions!
In review, with 2 or 12 paying double, the field bet carries a 5.56% house advantage. At casinos offering the more generous triple pay on the 2 or the 12, the HA drops to 2.78%. There is at least one casino out there supposedly offering triple pay on both the 2 and 12 on the field bet. In this case, the HA drops to 0.00%.
So, the field bet isn’t the worst of the prop bets. Nonetheless, it is still a one-time prop bet. There are much better bets for an advantage player to put (or increase) their wagers on.
Billy wrote about the high risk/low reward of attempting an unlimited martingale strategy on the field. I think I’d need the Tums well before the martingale hit four figures… 😯
Michael, knowing your dedication to practice and ongoing training, I’d like to know more about the practice session you describe. Were you using a dice set favoring field numbers and intentionally trying to throw them?
If not, what do you think was happening with your dice and swing mechanics to give you the disproportionate amount of field number outcomes?
Thanks again for another interesting post!
😎 😎 😎
"Mikvet88" wrote: So I was thinking about this while playing craps last night on my table, and I hit field number after field number! I would love to get some feedback! $10 in the field and double after every loss! Where I play, it would allow me 13 losses before I get to table max! I’m not saying I have the bankroll to even come close to that. Unlike blackjack, there is no possibility to have to double or split and have to put up more money! There is always the hope of hitting a 2 or 12 on a larger bet and getting the double or triple payout. I know the field bet holds a high house edge, but I would love to hear some feedback and other thoughts on this topic! Besides, I just love posting to this site! Michael
Posted by: Dr Crapology on September 20, 2013, 11:26 am
Look forward to Vegas.
Doc
Posted by: MIDNIGHT on September 20, 2013, 5:42 pm
Posted by: Skinny on September 21, 2013, 1:32 am
"Mikvet88" wrote: Agreed about the high risk low reward! My point is it really is the only bet on the table where you can use the martingale!
I don’t know why you think the field is the only bet on the table where you can use the Martingale Progression? You can keep doubling your bet until it wins on almost any wager on the table.
Not that I would recommend using a Martingale Progression, there are better bets on the table for you to use it on if you were going to do so anyhow. BTK has already explained how crazy it is to use a progression where you have to wager several thousands of dollars if you have a string of losses in a row to only win your original wager. If you start with a $10 wager would you really want to risk thousands of dollars to win a measly $10???
Having said that, there is another reason not to use it on the field wager. The field bet is a single roll bet that gets resolved with a win or loss after every roll. But for a random roller it takes approximately 3.38 rolls to resolve a pass line wager. If the field pays double on the 2 and 12 it carries a 5.56% HA and on a per roll basis the HA is also 5.56%. But for the Pass Line with its lower 1.41% HA it carries only a 0.42% HA on a per roll basis. You will lose/win your money over 13 times slower on the Pass Line than you would on the field. You can start with a $10 Pass Line wager and keep doubling it until it wins and you will be better off than with a field wager. It will take longer to resolve your bet and if you hit a string of losses in a row at least it will take longer for it to build up on the pass line than on the field.
A place bet on the 6 or 8 takes approximately 3.27 rolls to resolve. On a per roll basis that wager carries a 0.46% HA.
A place bet on the 5 or 9 takes approximately 3.6 rolls to resolve. On a per roll basis that wager carries a 1.11% HA.
A buy bet on the 4 or 10 takes approximately 4 rolls to resolve. On a per roll basis that wager carries a 1.19% HA.
There you have 4 different wagers where you could use the Martingale Progression any one of which would be better than using it on the field.
But I reiterate, I DO NOT RECOMMEND using the Martingale Progression on any wagers.
Posted by: MIDNIGHT on September 21, 2013, 2:06 pm
I was close with the name! Martingale/Nightingale! So similar. I agree with you that it is not a smart bet! I would never do it. Like I said, I just thought it was an interesting topic to talk about. My thought on the field verses the pass or box numbers is there must be a decision on every roll. Win or Loss! As where on the box numbers or pass line, you can wait many rolls before there is an outcome. Thats why I though the field was the best bet to use for the system.
HOWEVER, please don’t get me wrong. I am an advanced player and an advanced controlled shooter and I know what bets are to be placed and what bets you should not. Like I said, just thought it would make for an interesting topic.
Posted by: Skinny on September 21, 2013, 4:58 pm
I understood you were not recommending this nor would you play it yourself. In fact, I thought you called it nightingale because it is "Good Night" to anyone’s bankroll who does make this foolhardy bet.
I was only commenting on the subject you wanted discussed and I wanted to be sure no one thought I was in favor of it. Sometimes others read the wrong thing into what is said and I wanted to be clear where I stood on the martingale.
The topic of a wager that has a decision on every roll vs. one where the decision can be deferred for several rolls is an interesting subject. It is particularly relevant when comparing different games and trying to decide which ones are best to play. Yes, you will lose a lot of money on wagers that have a high HA. But if it takes longer for the decisions to be made on those wagers you will lose your money more slowly. Another way of saying that is you will stay in the game longer with your bankroll if it takes longer for the decisions to get made.
When it comes to craps, the longer you can stay in the game, the better your chance of having a good roll. The 5-count for example does not alter the odds of the game in your favor. But it does protect your bankroll, enables you to play longer which benefits you by keeping you around longer. The same logic applies to the best wagers to make. You want to choose wagers with a low HA and those that take longer for decisions to be made on those wagers.
Posted by: MIDNIGHT on September 21, 2013, 10:29 pm
Posted by: Skinny on September 21, 2013, 11:42 pm
Each time you go to the casino from now on take a look at the roulette games that show you the last 20 spins of the wheel and see if you see a string of 13 even money bets on one side in a row, ie. 13 reds or blacks, 13 even or odd numbers, 13 one thru eighteen or nineteen thru thirty-six numbers in a row. I remember seeing a board with 20 red numbers on it once. The odds of that are astronomical but it happened. So even though your chances of winning would be very good, I don’t think you want to risk the kind of money necessary to win a paltry $10 when the fates are not in your favor.
To answer your specific question, you are not guaranteeing a win (although the odds would be strongly in your favor) given the conditions you specified. There are no shortcuts to nirvana in a casino. If everyone follows the advice of GTC as you do, they would have the best opportunity to come out ahead over the life of their gaming career. Develop your skill, practice diligently, make the best wagers and you will have as good a chance as you can to win money.