How do you like to bet? Whether you are a five, ten or twenty five dollar Pass Line bettor, what do you do? Do you only like one or two place bets? Come bets only or in combination with place bets? How many of each and what numbers? If a come bet lands on a place bet that you have, do you take down the place bet or leave them both up? How many rolls have to occur before you start increasing your bets and the amount of your bets?
Replies:
Posted by: Skinny on March 13, 2014, 6:56 pm
Posted by: Dr Crapology on March 13, 2014, 8:32 pm
Good luck. Hope to see you in the casino soon.
Alligator Rose and Doc
Posted by: Mr Finesse on March 13, 2014, 9:04 pm
Former No 7"s Winner!!!!!!!!
WE have added an entire section and lecture in the New Revised GTC Craps Seminar. I know you are a very good shooter but it might be a good idea for you to take a Refresher Course and learn these optimum betting strategies that we now teach and follow ourselves.
Students new and old have really learned a lot and most have recouped the cost of the course real fast.
Think about it, it would also be great to see you again. Please feel free to stop by our open house on Friday March 21st at the Sheraton in AC.
Posted by: Philham on March 13, 2014, 11:50 pm
Posted by: getagrip on March 14, 2014, 12:14 am
Thanks!
Posted by: OneMoonCircles on March 14, 2014, 1:49 am
On myself I am very conservative initially. Pass line and one or two place bets depending on what the point is. No pressing until I have hit enough to equal my initial bets. Then I follow Stickman’s up a unit progression. Simple. Works for me. Doesn’t take a lot of thought in a longer run which helps to stay in the zone.
OneMoonCircles
Posted by: TommyC on March 14, 2014, 2:57 am
Its so much more informative as far as betting is concerned, we may be able to shoot the dice, but learning the do’s and don’t of betting is as important as our throw. I see all these questions about betting and I think where were they in class ? Then I think back to the Old GTC and I understand. See you in class someday I hope.
TommyC
Posted by: Finisher on March 14, 2014, 3:16 am
If they throw 7 numbers or 8-9 before the 5 count I try not to bet .
Good Rolling. 🙂 🙂
Posted by: getagrip on March 14, 2014, 3:46 am
Still in Mexico but I do cross the border occasionally! 🙂
Posted by: MarkM3 on March 14, 2014, 7:13 pm
Posted by: Skinny on March 14, 2014, 8:46 pm
Since we are talking about betting, you need to realize the random game of craps is a negative expectation game. By that I mean the house has an advantage on every bet you make (except for the odds bet) and there is no way to get a positive expectation with any combination of bets. The only way to turn the game of craps into a positive expectation is by being able to control the dice in such a manner as to be able to overcome the house advantage on the wages you make.
In other words there is no "system" of wagering that can give you a positive expectation over the long run when betting on random rollers. Yes, not even the 5 count can give you a positive expectation. The 5 count can help you conserve your bankroll while wagering on random rollers (you will lose less with the 5 count than when betting on all shooters) but it can not enable you to make money in the long run betting on random rollers.
When GTC says to not bet on random rollers, they mean do not make any wagers on random rollers. They do not mean there is an advantage by making don’t bets on random rollers. A don’t wager is still a wager with a negative expectation on a random roller so you can expect to lose money making don’t wagers on random rollers in the long run.
You stated when a RR makes 1 point there is about a 16% chance he will make a 2nd point. That implies you have an 84% chance of winning your don’t pass line bet. Both of those statements are false. After a player makes 1 point it is a brand new game. The odds of his making the next point do not change because he made his first point.
Every time you make a don’t pass wager, regardless of the number of points the shooter has made before you made that wager, you have a 47.93% chance of winning, 2.78% chance of pushing and 49.29% chance of losing. In other words the house has a 1.36% advantage on every don’t pass wager you make and that does not change regardless of how many points a shooter makes or does not make.
Of course the house has a 1.52% house edge on any wager on the 6 or any wager on the 8. Thus, every wager you make on the 6 or 8 has a 49.24% chance of winning and a 50.76% chance of losing.
Yes, you are making low house edge wagers on the random roller and by waiting for him to make one point you will eliminate a certain portion of shooters. Your way of wagering is not going to be too costly. But I just did not want you or any of the other readers to think you somehow had found a way to come up with a positive expectation on random rollers.
Posted by: MarkM3 on March 14, 2014, 9:30 pm
Posted by: Philham on March 15, 2014, 12:20 am
Posted by: Finisher on March 15, 2014, 4:30 am
He said the math did not work period . But in the end it did for a little while and would have longer if the players doing it were more secret about it .Now Skinny will still say it does not work . I say and agree some what .Here comes the BUT . The casinos spent a lot of money changing the point system on all their Crap machines . They would not do this for no reason you think .
It is now 8 to 20 times harder to get points at V-craps . It depends on were you play .
I would ask how have you changed your betting since reading the books and taking the class .I assume which I don’t like doing that at one time Skinny bet different then he does now .Even tho the math has been the same .
I don’t remember how I bet when I first started rolling the bones or cared about the math of it .
I try all different ways of betting in practice all the time . It is fun and enjoy it .I do say away from most PROP . BETS even when my wife comes up and says YOU on the hard ways ?
I laugh and tell the dealer to put me on what she said .Some times it works but most of the time the 7 comes and that is why she watches now before she comes up behind me . 🙂 🙂
Good Rolling. 🙂 🙂
Posted by: Skinny on March 15, 2014, 5:48 am
I have no idea how they were computing comp points in V-craps then or now. My point was and still is that there is no advantage to playing the doey-don’t when it comes to expected loss. The math is very simple and can not be disputed. Here is the House Advantage (HA) for 3 different wagers.
The HA on a Pass Line wager is -1.41%
The HA on the doey-don’t is -1.39%
The HA on the Don’t Pass wager is – 1.36%
Thus your expected loss in a random game such as V-craps is almost the same with any of those 3 wagers. The problem with the doey-don’t, when you want to make a minimum bet, is that you have to make 2 minimum bets, ie. you have to bet twice as much as you can with a PL or Don’t wager.
But if you are playing for points and want to bet a lot of money you can expect to lose approximately the same amount of money if you wager the same amount of money on any of those 3 wagers.
If over time you wager $10,000 on the PL you can expect to lose $141.
If over time you wager $10,000 on the doey-don’t, you can expect to lose $139.
If over time you wager $10,000 on the Don’t you can expect to lose $136.
Your friends were betting big money on the doey-don’t so it would not be unusual for them to be betting that amount or more over the time it took them to earn their diamond status.
All I was saying was the players could expect to lose just as much money playing the pass line by itself or the don’t pass by itself as they would betting the doey-don’t for the same amount of money.
Now if you are telling me a player wagering $10,000 on the doey-don’t would earn more comp points than someone wagering $10,000 on the PL or $10,000 on the Don’t because there was some bug in the computer system I have no idea about that. Nor, did I pretend to know anything about how they were computing their comp points.
I strongly suspect your friends would have made just as many comp points by betting the PL or Don’t by themselves as they did betting the doey-don’t. Your point was the casino was giving way too many comp points for the small amount of money the players were losing betting big dollars. That may well have been the case and your point that they have since changed the comp points earned makes it highly likely that was indeed happening. If there was any problem with the way V-craps was giving comp points, it probably was giving too many comp points for betting the PL, Don’t or doey-don’t. I believe your friends were deluding themselves into thinking they would lose less money betting the doey-don’t and the comp points made it worth the small amount of money they were losing in relation to what they were betting. But they could have lost just as little money by betting the PL by itself or the Don’t by itself because that is the math behind those wagers.
I have no idea how V-craps would have computed the comp points for those wagers. I am pretty sure it would have been consistent and given just as many comp points for any of the 3 wagers as I said before. But that is pure speculation on my part because I have no idea how the comp points were computed.
The expected loss is a different matter. I am 100% certain about the math involved in the 3 wagers.
Posted by: Skinny on March 15, 2014, 6:15 am
"Finisher" wrote: I assume which I don’t like doing that at one time Skinny bet different then he does now .Even tho the math has been the same .
Your assumption is completely correct. Before I played craps for the first time, I wanted to understand the game. I read a bunch of books by other authors (not any GTC) to both learn how to play and how to wager. I adopted a method of betting described by one of those authors (it involved regression betting). Not knowing any better I tried that method at the tables. After playing about 3 sessions, I quickly realized this was a losing way of playing. I decided craps could not be beaten and quit playing. But, I liked the game and I continued to read books about it, hoping to find someone who might have a good idea.
That was when I came across one of Frank’s early books and read about controlled shooting and the five count. I started playing again using the five count and trying to make a controlled shot from the description in the book. The five count helped me to lose less money than before when I was betting on every player. But, I did not have any control over the dice so I was still losing money, albeit less than I did before.
Fortunately there was a flyer in the book about a class that Frank and Dom were giving in AC. So I called Dom and signed up. Thus it was shortly after reading Frank’s book that I was able to take my first class before I developed a bunch of bad habits trying to learn by myself. I took the class, bought my throwing/receiving stations at the class (Dom gave a discount and I saved on shipping by taking it in my car) and the rest is history.
Over the years I have had many discussions with the other horsemen and instructors about betting. I have tried a lot of different strategies even since first getting involved in GTC. Some I tried in the casinos but most I worked out using excel and math. Eventually I settled on The Big Skinny and that is what I use in most situations.
Posted by: Finisher on March 15, 2014, 6:45 pm
These are machines that base your points on money in and out . It does not matter if you win or loose or how long you play . Coin in coin out just like a slot .
I have played craps for a long time and never played the doey don’t even after reading books that at the time said it was good . I have always felt that if there was a system that really worked the casinos would get out of this thing .
I play for the fun and the win but how they were playing is like work to me .I did see a lot of them reach 7 star which now they only get to diamond since they changed the points .
I too have changed my betting ways since learning about GTC WAYS EVEN THO i TOOK THE CLASS BEFORE THEY REALLY GOT INTO THE BETTING PART .
I enjoy reading all your posts and love all the good math ideas that you give all of us .
My table only has one rail so will try your way when at a casino .
Good Rolling.
Posted by: Skinny on March 15, 2014, 7:25 pm
If it is the latter which is what I suspect, then I stick by what I said in the post. If you earned the same amount of points while betting the same amount of money on the PL by itself, Don’t by itself or doey-don’t then there was no need for your friends to play the doey-don’t. People mistakenly believe they lose less money with the doey-don’t than with the PL or Don’t alone. That is not true. Your friends could have just played one or the other and they would have lost the same amount as if they played the doey-don’t.
It sounds like they earned a lot of points because the casino was giving too many credits for the PL, Don’t or doey-don’t. It had nothing to do with some magical way they found of risking less money for a lot of points using the doey-don’t. If the casino was giving 1 point for every $10 wagered and they have now changed that to 1 point for every $40 or $80 wagered then clearly they were giving too many points for the amount wagered. But that has nothing to do with playing the doey-don’t.
Under the old system of 1 point for every $10 wagered your friends could have earned 1,000 points for every $10,000 wagered expecting to lose about $140 regardless of which of the 3 ways they wagered that $10,000. Now it would cost them about $560 or $1,120 to earn those 1,000 points. So, if under the old system, 1,000 points was worth more than $140, then they were getting their money’s worth by betting a lot of money on V-craps. But they were still paying around $140 for every 1,000 points even using the doey-don’t.
Posted by: Skinny on March 15, 2014, 7:30 pm
Good luck and let me know how it works out in practice for you.
Posted by: ACPA on March 15, 2014, 9:18 pm
Noah
Posted by: Finisher on March 15, 2014, 11:48 pm
They do it in a way that for every roll of the dice they get 50 points as long as it is not a 7 out . At least that is what it started out .
If there is a Vcraps machine that gives no points that is real bad . Have not heard of that one but I never play the ones in Vegas . Some of the casinos have taken them out .
There is a limit on machines so that is why they play 6 machines at a time too .
They prefer long roll with no points made .
You should just take a look at some of the crazy ways they bet on these machines .I have seen bets like 5.00 on pass line with 1.00 odds you would go nuts LOL AT THESE PLAYERS .
I asked some of these players if they bet like this on a real craps table and they ALL SAID Hell no .
Good Rolling. 🙂 🙂
Posted by: Finisher on March 16, 2014, 12:03 am
I had a feeling they would change things so no matter now . A lot of those players are mad about what has happened .You can now get a seat at the table most every night .
Good Rolling. 🙂 🙂
Posted by: MarkM3 on March 17, 2014, 2:32 pm
ANY Don’t Playyers Out There!!
Posted by: Philham on March 17, 2014, 5:33 pm
Posted by: Finisher on March 18, 2014, 3:47 am
Good Rolling. 🙂 🙂
Posted by: Skinny on March 19, 2014, 9:39 pm
What is the "Best" Progression for You?
What is the "Best" Progression for You? (Part Two)
What is the "Best" Progression for You? (Part Three of Three)
Posted by: Finisher on March 20, 2014, 8:01 pm
Good Rolling. 🙂 🙂
Posted by: Skinny on March 20, 2014, 9:04 pm
Posted by: Philham on March 21, 2014, 5:17 pm
Posted by: Skinny on March 21, 2014, 6:09 pm
"Philham" wrote: Skinny-I have known about and used these methods for years. I still thank you for the post. I am still not happy with my long rolls and low profit. I need more.
I am sure you have read this article before: How much should I be winning at the tables?
How do your wins and losses compare to your initial amount at risk? Are they consistent with what I gave as guidelines in the article? If they are not consistent then we have to look elsewhere. If they are consistent, it is possible your expectations are not realistic in comparison to what you are betting.
Posted by: professor on July 19, 2014, 1:53 pm
Posted by: AlamoTx on July 21, 2014, 5:32 pm
We all know that each roll is a brand new set of expectations, and that the math determines what outcome expectations are, and mathematically, the house edge is always present.
However, there are other possible expectations besides just the pure pyramid math. For example, I think Mark mentioned that he thought the shooter had a certainly probability of making or not making a point on the next turn. My guess is that such things do, in fact, have probabilities associated with them. As an example, we use the 5 count and make a bet on the 6th throw (oversimplified). We are told repeatedly that this keeps us out of 60% of the random hands. So, we must ‘know’ that 60% of rollers will 7 out before they get to that 6th throw. Obviously, if we did an 8 or 10 count, we’d miss even fewer hands. How does that math get figured vs for example, 10 should be paid at 2/1 to make the game even vs the 7? Or how do you decide what are the chances that a given shooter will get 3 passes in a row? Or two? Or even one? Surely these things are statistically measurable.
Mentally, for example, I tend to think that if I 5 count and then make a Don’t Come bet, my biggest gamble is that the 7 won’t be the next roll. Odds are the 7 will not be the next roll, just because we’re on roll 5. So, if I get past that one roll 7 and go to a don’t pass number, I should have an advantage because (emotionally?) the deeper the roll, the more likely the 7 is coming. Mathematically, I know that each roll is a separate game, number v number, but this other stuff must have probabilities also.
No answers here; just comments.
Keep On Rollin’
Alamo
Posted by: Chuckman on July 21, 2014, 8:44 pm
Generally speaking a random roller has the same chance of getting to roll 40 from roll 30 as they have of getting to roll 10 from 0*. For a random roller a 7 has a one in six chance of appearing whether you are on roll 3 or 33 or 103.
If you are talking about a dice influencer(di) that is a different matter. If a roll progresses in length beyond the di’s comfort level that can cause stress. If betting progression pushes the money beyond the di’s comfort level that can cause stress. The excitement of other players on a long roll can cause distraction. A longer than usual time spent on deliberate focused action can cause fatigue. All these can increase the chance of a 7 appearing.
* I acknowledge that there is some mathematical difference if there is already an established point on roll 30 as opposed to roll 0 which is a comeout roll.
Posted by: AlamoTx on July 21, 2014, 11:12 pm
For example, you roll 3 tens in a row. People will say, "Boy what was my chance of doing that? Wonder what the odds are of me rolling it 4 times in a row? OK, next roll, here we go." But, I’ve heard people, Skinny maybe, describe your chances of rolling 5 hard 4s before catching an easy way or a 7, so that kind of stuff has predictive labels. It just ‘seems’ like if a shooter has rolled more than 6 times without getting a 7, he/she ought to be about due since the math at large says 1 in 6 rolls will be a 7. I don’t pretend to understand this stuff, but I do find it terribly interesting. I have a friend who will often hop the 7 at the end of the 5 count. Sometimes he hits it, but I am sure someone will say that he has the same odds of hitting that 7 on roll 50 as he does on roll 6 or 7. I can’t prove it, but I’m almost certain that whoever came up with the 5 count probably did it with that 1 in 6 stat in mind, figuring you’ll miss a lot of shooters who aren’t ultimately going to have a long roll if you 5 count and…you’ll be around when they do make it through a longer roll…i.e., a variance type roll outside the norm…strictly talking about the random game, of course.
Keep On Rollin’
Alamo