Craps

odds question

Spread the love


The fire bet is 6000to1 does that mean I should hit it over the long haul once out of every 6000 times OR does it mean my chances are 1in 6000 everytime a new hand start’s?


Replies:

Posted by: Skinny on March 21, 2016, 1:35 am

It means both. They both mean the same thing.

Let us say you have a box with 2 white balls and 1 black ball in it.

The chance of your picking a black ball from that box is 1 in 3 each and every time you reach into the box.

Additionally, over the long haul you will pick the black ball from that box 1/3 of the time or 1 out of every 3 times you try. If you pick a ball from that box 3,000,000 times you can expect to pick the black ball approximately 1,000,000 times.

Posted by: brothelman on March 21, 2016, 4:52 am

next question if I was playing ten different games at once and betting the fire on each, since I am now taking ten times the chance at once does that mean I should hit it once every 600 games playing all 10 games each time?

Posted by: Skinny on March 21, 2016, 5:04 am

Yes, but only in one of the 10 games not in each of them. If you play 10 games at once, in 600 turns you will have played 6,000 games and should hit it in one of them.

Posted by: brothelman on March 21, 2016, 6:16 am

Thank you skinny but I still have to get lucky right if I am not lucky I may never hit it?

Posted by: Finisher on March 21, 2016, 7:15 am

Bman the real bad part of this is that you have to be playing that game at the right time .I was at a table were this guy was betting 10.00 on the fire for each roller no matter who they were . You can guess what happened . I saw him bet on 6 players then the waitress came by for drinks . The dealers asked if he wanted the fire but he did not hear them do to talking to her . the roller did make it to 4 for a small win .
I sad to bad you missed it and he said there is always another it was only for 250 .
He then bet 10.00 on the next roller .
I did not make it and left after my roll so never did see if he hit it .
I guess after you hit it once for 6 numbers you can play a little longer .But at 10.00 on each and every roller that can add up fast .
Good Rolling. 😀 😀

Posted by: Skinny on March 21, 2016, 7:51 am

Luck is not something you can mention in the presence of self-made men.
E. B. White

I feel that luck is preparation meeting opportunity.
Oprah Winfrey

Shallow men believe in luck. Strong men believe in cause and effect.
Ralph Waldo Emerson

Luck? I don’t know anything about luck. I’ve never banked on it and I’m afraid of people who do.
Luck to me is something else: Hard work – and realizing what is opportunity and what isn’t.
Lucille Ball

Then there is a post I wrote around 2 years ago. It was related to a topic pertaining to luck. In this post I was discussing Pat DeMauro’s long roll of 154. Here is what I had to say about luck in that post.

The odds of a random roller having a roll of 154 is around 5.5 billion to 1. Given the millions of people who play craps around the world I would say there have easily been over 5.5 billion hands since the inception of casino craps. So why is it surprising that someone accomplished a roll of 154? According to the math it was likely to happen at some point. Is it luck or is it math?

Sure you could define it as luck for Pat DeMauro because it happened to her. But it was likely to happen to somebody at some time sooner or later.

The Captain had a roll of 100 in 2004 and 147 in 2005. He probably had other 100 rolls during his career playing craps but there was no one around to record those rolls. Frank just happened to be there for the two that are reported. Would you consider that luck or skill? I think the answer is obvious.

Frank has 20 recorded rolls of 50 or more with the longest being an 89. In 2004 he had 6 hands of 50 or more.

Dominator has 17 recorded rolls of 50 or more with the longest being a 79. In 2004 he had 3 hands of over 30 in a row. The Goddess beat that in 2006 when she had 4 hands of over 30 in a row.

Luck or skill?

My point is when it comes to a skilled controlled shooter, luck plays a small if any role in what happens. Skill is the predominant factor for an accomplished shooter.

When an unusual event occurs to a random roller that is completely within the probabilities of the game, no matter how unlikely it may seem to the casual observer, I attribute it to the math being the math. You may consider it luck for the person who accomplishes the unusual event. But it was likely to happen to somebody and I just chalk it up to the math. Let’s not mystify something that science tells us is likely to occur.

Posted by: MIDNIGHT on March 21, 2016, 7:17 pm

Just to clarify, it pays as follows:

4 numbers = 25 for 1
5 numbers = 250 for 1
6 numbers = 1000 for 1

There is no 6000 for 1

Midnight

Posted by: Skinny on March 21, 2016, 8:28 pm

He is talking about the odds of hitting the 6 number Fire Bet. He is not discussing what it pays.

The chance of hitting 6 numbers in the fire bet is 1 in 6,156. Yes it may pay $1,000 but the odds of hitting it for all 6 numbers are over 6,000 to 1.

There are different pay tables used by casinos in various parts of the country. The house advantage on the fire bet is 20% – 25% depending on the pay table that is used. That HA takes into account the probability of hitting a 4, 5 or 6 point fire bet not just the 6 point fire bet. If it only paid for a 6 point fire bet the HA would be 84%. But it drops to the 20% range when we take into consideration hitting the 4, 5 or 6 point fire bet.

Posted by: Finisher on March 22, 2016, 6:37 am

What does the math have to do with it IF you are not rolling . I still think there is some luck in this whether it is bad or good .I think the other players at the table with Pat that day will agree to some point .They could have been at another table .
Of course I also believe in Murphys Law Too .I also agree about or understand the math some what Too .
Good Rolling. 🙂 🙂

Posted by: DoughBoy on March 22, 2016, 2:27 pm

Skinny, I can’t tell you how much money you have saved me over the years with your math wisdom. I get it. I am not at your level of skill but I understand what it takes to become very good at anything. With great respect, Doughboy