{"id":9859,"date":"2018-09-13T14:10:26","date_gmt":"2018-09-13T14:10:26","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2018\/09\/13\/table-games-feature-bets\/"},"modified":"2018-09-13T14:10:26","modified_gmt":"2018-09-13T14:10:26","slug":"table-games-feature-bets","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2018\/09\/13\/table-games-feature-bets\/","title":{"rendered":"Table game&#039;s feature bets"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nOver the past several years, the casinos have been adding &quot;special wagers&quot; in order to encourage people to play the the game such as craps, blackjack, pai gow poker, 3 card poker, let it ride and many more&#8211;too many to mention.  To my knowledge all of these &quot;extra wagers&quot; have a much higher house vig than the regular game.  Example: at craps the basic pass line bet has a house advantage of 1.41 but the Small Tall All bet has a house advantage in the 20% to 25% range&#8212;I don&#8217;t know for sure, only that the house takes a big bite out of this bet.  I looked on the wizard of odds and could not fine this wager.<\/p>\n<p>\tSo Doc decided to make a short run at the the Small Tall All bet while practicing at home on his and Rose&#8217;s craps table.  Rose has agreed to edit this analysis.  And I thank her for that.<\/p>\n<p>\tHere are the assumptions:<\/p>\n<p>\tWith the start of each turn with the dice, a $15 bet was made&#8211;$5 on the Small, $5 on the Tall and $5 on the all.  <br \/>\n\t     1.  if the initial roll was a 7 (the SMT bets come down), a new $15 bet was made to cover all 3 STA bets.  <br \/>\n\t     2.  If a point is made and before the next point is established, a 7 is rolled (perhaps more than once) the STA bets come down and are replaced.  Doc replaced the 3 STA bets for a 7 on every come out roll.<br \/>\n\t     3.  Of course on a 7 out, the three $5 bets are lost and his turn is over.  <\/p>\n<p>\tHe would repeat this process for several days.  <\/p>\n<p>\tDoc uses the hard way set exclusively.  With some control he seldom rolls the outside numbers&#8211;2, 3 11, and 12, although he does seems to roll more 3&#8217;s than he would like.<\/p>\n<p>\tI assumed that the Small and Tall pay $35 to 1 and the All pays $175 to 1.  I know that some casinos pay $35 for 1 and $175 for 1.  <\/p>\n<p>\tThe results were as follows:<\/p>\n<p>\tNumber of decisions where I made one or a combination of all three bets&#8212;200 times.  <\/p>\n<p>\tThe number of times $15 lost since he did not make the Small, Tall or All&#8212;185 x $15= a loss of $2775<br \/>\n\tThe number of times I made only the Small or Tall (winning 1 bet and losing 2) this happened 12 times&#8211;12 x $35=a win of $420 minus 12 x $10 (the 2 losing bets)=$120 equals a net win of $300.  <br \/>\n\tThe number of times I make the All 3 x$175 = a win of $525.  Making the All means you also made the Small and the Tall.  So 3 times $35 for the Small ($105)and 3 times $35 for the Tall ($105)equals $210.  Total win on all three bets $735. <\/p>\n<p>\tSummary:<\/p>\n<p>\tA loss of                 $2775<br \/>\n\tA win on the S &amp; T  $ 300<br \/>\n\tA win on the A         $ 735<br \/>\n\tNet loss                 $1740<\/p>\n<p>\tHopefully I have done the math somewhere in the area of correct.  HELP SKINNY!!! \ud83d\ude00   The bottom line is that this indicates these types of bets are good for the casino and not the player.  I know this is a very small sample but just an indication that the bet is not a good one.  <\/p>\n<p>\tHope this will be of value to many of you.  Rose and I hope to see you soon.<\/p>\n<p>\tDoc<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> getagrip on September 13, 2018, 3:00 pm<\/p>\n<div>Most places only pay 30 for 1 and 150 for 1 now so even a worse bet than before. May be a fun bet for party Craps but certainly not Advantage betting. Thanks Doc!<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> TheUsualSuspect on September 13, 2018, 3:06 pm<\/p>\n<div>Pat and Rose thanks for your research. If a shooter had any thoughts of playing this bet he should think again, as you say the sampling is small but we all know the Casinos never do anything to make you successful. Hope to see you in AC next month. TheUsualSuspect, Semper Fi carry on<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Preacher on September 14, 2018, 4:56 pm<\/p>\n<div>Skinny posted the House Advantage (HA) for the All-Tall-Small bets on an earlier post. Hitting the Small or Tall will occur 1 out of 38 times &#8211; the true odds. Hitting the All will occur 1 out of 190 times (session throws until a 7 occurs). <\/p>\n<p>\tSome casinos pay 30 to 1 for the Small or Tall with an HA of 18.30%, 150 to 1 for the All with an HA of 20.61%. Other casinos pay 34 to 1 for the Small or Tall with an HA of 7.76% and pay 170 for the All with an HA of 7.47%. Obviously, casinos of the latter are better bets, but that\u2019s still a huge HA. The HA on 30-1 and 150-1 casinos is just insulting. Slots are a better game than that kind of HA.<\/p>\n<p>\tPreacher noticed that Dr Crapology is fond of writing in 3rd person, which Preacher knows is difficult (ha). Preacher saw that Dr Crapology slips up now and then and writes in 1st person, or so I\u2019m told.<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Dr Crapology on September 14, 2018, 9:44 pm<\/p>\n<div>Just wanted to warn GTC students that these are bets have a very high edge and to tread lightly if they bet them at all.  Maybe that&#8217;s why I never made great grades in English!! \ud83d\ude42  \ud83d\ude42<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> NofieldFive on September 15, 2018, 1:58 pm<\/p>\n<div>Doc,<\/p>\n<p>\tI am having a problem with your math, unless I am missing something here, which is entirely possible.<\/p>\n<blockquote><p>The number of times $15 lost since he did not make the Small, Tall or All&#8212;185 x $15= a loss of $2775<br \/>\n\tThe number of times I made only the Small or Tall (winning 1 bet and losing 2) this happened 12 times&#8211;12 x $35=a win of $420 minus 12 x $10 (the 2 losing bets)=$120 equals a net win of $300. <br \/>\n\tThe number of times I make the All 3 x$175 = a win of $525. Making the All means you also made the Small and the Tall. So 3 times $35 for the Small ($105)and 3 times $35 for the Tall ($105)equals $210. Total win on all three bets $735. <\/p><\/blockquote>\n<p>\n\tWhen you win a Small or a Tall with a $5 bet, you should win $5 x 35 = $175 for each Small or Tall hit.  Less $10 for the other 2 bets lost.  That leaves $165 each time you won the S or T.  You hit it 12 times for a total win on the Small or Tall of 12 x $165 = $1980.<\/p>\n<p>\tFor the All you should win $5 x 175 = $875 plus $175 for the small and $175 for the tall for a total win on the All of $1225. You hit the All 3 times which gives you a total win on All of $3675.<\/p>\n<p>\tTotals for the bet.<br \/>\n\t     No Win          <span style=\"color: #FF0000\">-$2775<\/span><br \/>\n\t     Small or Tall   $1980<br \/>\n\t     All                  $3675<br \/>\n\t     Net Win         $2880<\/p>\n<p>\tRespectfully,<\/p>\n<p>\tNFF<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Dr Crapology on September 16, 2018, 9:31 pm<\/p>\n<div>NNF,  Thank you for the critique on this post.  You are correct I left out a couple of steps in putting this together.  One of the great things about this message board is that we can get right information to all the students on the board.  <\/p>\n<p>\tI did do some rethinking and did a re do on some of the math.  I did lose money on the STA bet during the time I was recording the results.   However I did make money on the regular Pass Line and Come Bets that I made.  <\/p>\n<p>\tI made a audit of the STA record and found this.  I did lose all 3 bets on the STA a total of 185 times.  However I only made the All only 1 (not 3 times) and the Small OR Tall 3 times (not 12 times).  Don&#8217;t know where the 12 came from concerning the wins on the Small and Tall only. <\/p>\n<p>\tNot only does the Hard way set protect me from the 7 but it protects from the craps and &quot;yo&quot; bets.  I know that I often make all the box numbers but roll a lot fewer of the 2, 3 11, and 12. <\/p>\n<p>\tAgain thank you for taking the time to correct what I posted.  I can assure you that I was not offended in any way.<\/p>\n<p>\tRose and I look forward to seeing you in the casinos soon.<\/p>\n<p>\tDoc<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Big Bad Dad on September 17, 2018, 4:54 am<\/p>\n<div>Last month I was in Kansas City, they have the small, tall &amp; all bet. I hit the alls once and came one number shy of hitting it twice. My dad hit the alls later in that trip. We bet $5 $10 $5 with a big red backing it up. It was a wonderful trip. <\/p>\n<p>\tBBD<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Skinny on September 17, 2018, 5:33 am<\/p>\n<div>BBD,<\/p>\n<p>\tCongratulations on having a good trip.<\/p>\n<p>\tI think you may be missing the point of this post.  The house edge on those wagers is either over 7% or in the 18%-20% range depending on the payout.  The big red carries a house edge of 16.67%.  When you try to hedge your high house edge wager with another high house wager you are not improving your chances of winning, you are only increasing the edge against you.<\/p>\n<p>\tIf you continue making these high house edge bets you are not likely to have a net win of money on those bets in the long run.<\/p>\n<p>\tThat was what Doc was trying to point out by keeping track of how he did on these wagers in practice over time albeit not a long enough time to be mathematically significant.<\/p>\n<p>\tWith his latest numbers it looks like he made the STA bet 189 times.  He hit the All 1 time and the Small or Tall 3 times.  While he did hit the wager a few times he still ended up losing money.<\/p>\n<p>\tTotals for the bet.<br \/>\n\tNo Win <span style=\"color: #FF0000\">-$2775<\/span><br \/>\n\tSmall or Tall $495<br \/>\n\tAll $1225<br \/>\n\tNet Loss <span style=\"color: #FF0000\">$1055<\/span>  <\/p>\n<p>\tIf you are good (or lucky) enough to overcome bets with double digit house edges, imagine how well you could do against wagers that carry a 1.4% (pass\/come) or 1.5% (place 6\/8) house edge.<\/p>\n<p>\tIt may seem like a challenge to beat the odds and exciting to win one of these exotic wagers.  But a serious advantage player does not try for a challenge or excitement.  He makes wagers where he has an advantage.<\/p>\n<p>\tDid you notice where Doc said, <\/p>\n<blockquote><p>I did lose money on the STA bet during the time I was recording the results. However I did make money on the regular Pass Line and Come Bets that I made.\n\t<\/p><\/blockquote>\n<p>\n\tAn advantage player plays a boring game for the following reason:<\/p>\n<p>\t<img decoding=\"async\" src=\"http:\/\/i67.tinypic.com\/4vrfxf.jpg\" alt=\"\" \/><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Dr Crapology on September 17, 2018, 11:14 am<\/p>\n<div>BBD,<\/p>\n<p>\tGlad you had a successful trip.  <\/p>\n<p>\tPlease do remember in making a trip report, one of the Dom&#8217;s most important items to remember is that we never, never, never mention the name of a casino.  We can say while in Kansas City, Vegas, Albuquerque or other location, we hit a casino and did well.  <\/p>\n<p>\tI know when I first started with GTC, I mentioned a casino name in error and was corrected.  <\/p>\n<p>\tSo to all on this board, please keep this in mind as you make a post concerning a trip.  We do love to read success stories.<\/p>\n<p>\tRose and Doc<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Dominator on September 17, 2018, 12:14 pm<\/p>\n<div>Another post has been corrected &#8211; the second in the same week<\/p>\n<p>\tPlease people NO NAMES OF CASINOS!<\/p>\n<p>\tDom<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Big Bad Dad on September 17, 2018, 2:50 pm<\/p>\n<div>My bad on mentioning the casino name, won&#8217;t happen again. <\/p>\n<p>\tI don&#8217;t make a habit of betting the sucker bets, any of them. This trip was a rare occasion, where both my dad and I were having crazy long rolls. So we gave it a shot. I would suggest to most people out there, stay away from it. <\/p>\n<p>\tBBD<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Finisher on October 4, 2018, 11:32 pm<\/p>\n<div>When in Vegas noah and I were at a table were this guy bet 10.00 on each for every player and lost every bet during the time we were there . Which was about 2 hrs or so he went threw maybe 12 players and we left so dont know if he ever won any of those bets .<br \/>\n\tGood Rolling. \ud83d\ude00  \ud83d\ude42<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Finisher on October 18, 2018, 3:45 am<\/p>\n<div>Doc you should have not set the dice and just rolled them Bones for the Fun of it . That is what all THOSE Bets are for . Not to make money for the roller .<br \/>\n\tGood Rolling. \ud83d\ude00  \ud83d\ude42<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over the past several years, the casinos have been adding &quot;special wagers&quot; in order to encourage people to play the the game such as craps, blackjack, pai gow poker, 3 card poker, let it ride and many more&#8211;too many to&#8230;<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-9859","post","type-post","status-publish","format-standard","hentry","category-craps"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/9859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=9859"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/9859\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=9859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=9859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=9859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}