In class we are taught that trying to guarantee your point is a bad practice example $10 on the pass line and putting $2 on any craps. I seen someone with a bunch of direct-bet vouchers and he would put the voucher on the passline and hedge it with three-way craps bet or any-craps bet and take full odds behind the voucher.
Question: Would you consider this also a bad GTC betting practice ?
Replies:
Posted by: NofieldFive on November 16, 2017, 8:16 pm
3 Way craps has a house edge as follows, 11.1% for the 3, and 13.9% for the 2 & 12.
Why would anyone throw money away by betting into that edge? Even if the money is a direct bet. I would much rather put the direct bet on the passline where the edge is 1.41%.
So yes, this a bad GTC betting practice.
NFF
Posted by: Dr Crapology on November 17, 2017, 12:15 pm
Rose and Doc have discussed hedge betting many times and as NNF says it is a bad losing method of betting. To take NFF’s comment a little further to show he is correct—why would you make 2 bets when both bets have a negative edge in favor of the casino. The casino’s know that hedge betting will never work.
Rose and Doc
