A $6 bet is paid $7. Rocket man game. A 'Buy' bet is the same as the place bet, only with a different payoff. When youBuy a point you pay a 5% commission and are paid true odds if the bet wins (2:1on the 4 and 10, 3:2 on the 5 and 9, and 6:5 on the 6 and 8). Horn High Bets or Horn Bets Payouts are based on 2 Craps, 3 Craps, 12 Craps and 11 payout odds shown above. Pass Line If you place a bet on the Pass Line and the first roll of the dice is a 7 or 11, you win automatically. If a 2, 3 or 12 is rolled you 'crap out' and your wager is taken. As the shooter, a pass shall qualify as rolling a 7 or 11 and you will receive a 1/1 payout. Of course, craps allows for you to bet on don't pass out, which is when the shooter rolls 2, 3, or 12 as the total score from the dice. For reference, a don't pass bet wins on 2 or 3, but ties on 12.
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The Hi-Lo craps bet is basically the same thing as betting on the shooter rolling a 2 or 12. If any of these two numbers show up, then you win the Hi Lo bet. Not all casinos have this bet on the table or display it on the layout, but some do. Also, throwing a 2 or 12 are both infrequent and the name comes from 12 being the highest number and 2 being the lowest number you can throw in a dice game.
The odds are exactly the same as the Yo or Ace-Deuce bet. There is a 1 in 36 chance of rolling a 2 and the same chance of rolling a 12. Getting either one of them would mean a 2 in 36 chance with actual odds of 17:1. The house pays out 15:1 money, which leaves a fairly large 11.11% house edge. Remember, the larger the house edge, the more money the player loses and the more quickly this happens. 11.11% is pretty high for any casino game.
I tried to provide a screenshot of what the Hi Lo bet looks like on the craps layout. Unfortunately, this flash game did not include this bet in the game. Basically I put a stack of chips on boxcars and snake eyes, which are the two numbers involved in the High/Low wager. At a real casino, you can just tell the dealer that you want a Hi-Lo bet and they will put your chips on the intersection line between 2 and 12. If any of those two numbers appears, you will win 15 times your bet. In the image below, I put an $88 chip stack on both 2 and 12. So just imagine this as putting a single $88 stack on a combined area of these two bets.
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My usual betting pattern is to bet against the seven; that is, I cover every number with the appropriate place or buy bet, make a line bet with full free odds, and then also throw a small bet on every throw onto the furthest outside numbers. Today I put a $10 horn high ace-deuce bet on, in addition to my other numbers, but was wondering if the better bet is to put $7 onto the C and $3 onto the E? (Or some close combo.) If a the player hits 3 or 4 numbers without sevening out, I will start making come bets and backing those with the full odds generated from the place bets that come in.
Perhaps the better bet to the horn or the C&E combo is to bet the $10 in the field on every throw? More payoffs with the addition of the 4, 9 and 10, but less when the 2, 3, 11, or 12 come in.
Your thoughts will be welcome.
If you must bet a prop bet the field is the best if it pays triple on the 12, but I would bet it sparingly, not on every roll. I think a dollar on the props every once in a while is fun, but if you bet $5-$10 regularly on those you will begin to hear a 'giant sucking sound.'
Once I read that definition, I never bothered to make any of them.
My betting pattern is to bet against the red, if the dice manage to avoid the dreaded seven on a greater than expected basis I believe one can still make money even making horn bets. The point of my question is to deduce the best way to minimize the house edge in my bets on those four furthest outside numbers.
Of course it is a sucker bet, until it starts hitting. One fellow threw four 11s in a row yesterday. On the last roll one guy had $300 on the 11, pressing some of his winnings from the previous rolls. I was just collecting my $22 every throw with my $10 horn high ace-deuce.
My betting pattern is to bet against the red, if the dice manage to avoid the dreaded seven on a greater than expected basis I believe one can still make money even making horn bets. The point of my question is to deduce the best way to minimize the house edge in my bets on those four furthest outside numbers.
Often times people here would rather dissuade you from betting your bet than answer, but I think the Field Bet is not a bad option for what you want to do. As long as the 12 pays triple, under 3% is better than a lot of bets in the casino. I don't know why the Field gets so disparaged. If you are really looking to protect those outside numbers, that's the best bet. It isn't even close.
Of course it is a sucker bet, until it starts hitting. One fellow threw four 11s in a row yesterday. On the last roll one guy had $300 on the 11, pressing some of his winnings from the previous rolls. I was just collecting my $22 every throw with my $10 horn high ace-deuce.
It's a sucker bet when it starts hitting, as you don't get paid even close to the true odds.. when it doesn't hit it just another losing bet :)
For the 2/3/11/12 to be worth while you have to be hititng them 15% more than normal (if I recall). Thats a lot as they are rare numbers anyways. The Field would do the trick (it's what I'll place if I'm wanting to follow a shooter hitting the outsides all the time). You've only got to avoid the center numbers 2-3% more often than normal.
Often times people here would rather dissuade you from betting your bet than answer
I don't mind, I asked for discussion and welcome all sincere answers. Frankly the wisest advice of all is to avoid casino gambling completely, I know and recognize that. But since I am going to indulge in certain vices, such as betting on the furthest outside numbers, my goal is to do it the best way I can.
I think the Field Bet is not a bad option for what you want to do. As long as the 12 pays triple, under 3% is better than a lot of bets in the casino. I don't know why the Field gets so disparaged. If you are really looking to protect those outside numbers, that's the best bet. It isn't even close.
I think I am coming around to this view. Even a short pay field at 2x on the 2 and 12 (which is what my local shop has) comes out to a 5% house edge, give or take, which is a lot better than the 11% or 16% edge on the Horn and C&E bets.
It's a sucker bet when it starts hitting, as you don't get paid even close to the true odds.. when it doesn't hit it just another losing bet :)
For the 2/3/11/12 to be worth while you have to be hititng them 15% more than normal (if I recall). Thats a lot as they are rare numbers anyways. The Field would do the trick (it's what I'll place if I'm wanting to follow a shooter hitting the outsides all the time). You've only got to avoid the center numbers 2-3% more often than normal.
Yep, anything in the middle of the table is a bad bet. I fully recognize that. In my betting pattern I might throw $10 there, while having $200 in place bets or even $500 in come and odds bets on a long roll. The closer the bet is to the inside, the more I will put on it. But strange things happen. A couple weeks ago in AC I had a long roll of my own that mainly consisted of me banging on the 4, 6, and 10 (something like hitting each of them 4 times). I had come bets out and when I finally sevened out after winning $1500 or so and throwing three points (a 6 and two 9s), I looked at the board and realized I had never thrown a 5 or an 8 in the entire roll, my original place bets had gone untouched. On the original point of this thread, in that session I was doing a C&E bet for $10 a throw.
Just came back from my local casino $1500 to the good.
The real tragedy: you actually came back from the local casino several hundred dollars to the BAD, and the worst part of it is, you probably didn't even notice it. To wit: you bet $5 on 11. It hit. They paid you $75. Yay! But the odds against you were 17-1, not 15-1. They underpaid you by $10, and that's how they make their money--by underpaying winners. Thus, the prop/outside numbers/field bettors are not only taking the worst of it, but they are REALLY getting hammered when they win (a $5 place bet on nine gets underpaid by $1; a $5 bet on 12 gets underpaid by $25!).
So if you hit a lot of your horn bets, hardways, etc. in the course of your winning session, you got hosed out of hundreds of dollars in the process. I know it's 'fun' to hit an eleven or a hard six, but that fun comes at a huge price. Ultimately, if I make a $5 bet with a 10% house edge, I am handing the casino $5 and they immediately hand me back $4.50. That's all it amounts to, mathematically, and practically.