I am pretty convinced that edge does not determine if you win or lose.

If craps were a fair game I believe most people would lose due to your 300 dollar buy-in vs. 250k in front of the box. Also, people are not disciplined enough to accept small wins. Ultimately you have to be lucky and with the house edge you have to be more lucky, and if you are half in the bag, play prop bets, and look for that big score…you have to be real,real lucky. But it happens.

Anybody can get lucky.

Beautiful.

777

donald - 15 October 2011 06:51 AM

House edge on 32 across is (12*1.52+10*4+10*6.67)/32=3.90%.
It is not 1.25% as previously indicated.

http://krigman.casinocitytimes.com/article/betting-$32-across-in-craps-59413

“For $32 across, ignoring pushes, prospects are 6/30 to win $9, 18/30 to win $7, and 6/30 to lose $32 So edge equals ((6/30) x $9 + (18/30) x $7 - (6/30) x $32)/$32 or -1.25 percent”

House edge on 32 Across
32 Across consists of 6 bets, $6 on 6 and 8, $5 on 5,9,4,10.
House edge on 6 and 8 is 1.52%, on 5 and 9 is 4% and on 4 and 10 is 6.67%.
In a cycle of 36, 6 will win 5 times for a total $35. 6 will lose 6 times for a total of $36. The net loss is $1 for an
investment of $66(6*11).
This translates to 1/66 or 1.52%. This applies to 8 also.
In a cycle of 36, 5 will win 4 times for a total of $28. 5 will lose 6 times for a total of $30. The net loss is $2 for an
investment of $50(5*10).
This translates to 2/50 or 4%. This applies to 9 also.
In a cycle of 36, 4 will win 3 times for a total of $27. 4 will lose 6 times for a total of $30. The net loss is $3 for an
investment of $ 45 (5*9).
This translates to 3/45 or 6.67. This applies to 10 also.
                    Bet   Loss
6                   66     1
8                   66     1
5                   50     2
9                   50     2
4                   45     3
10                 45     3

Total             322   12
HA for 32 Across is 12/322*100=3.73%.
Gaming Guru can be fallible too!

donald - 16 October 2011 12:08 PM

House edge on 32 Across
32 Across consists of 6 bets, $6 on 6 and 8, $5 on 5,9,4,10.
House edge on 6 and 8 is 1.52%, on 5 and 9 is 4% and on 4 and 10 is 6.67%.
In a cycle of 36, 6 will win 5 times for a total $35. 6 will lose 6 times for a total of $36. The net loss is $1 for an
investment of $66(6*11).
This translates to 1/66 or 1.52%. This applies to 8 also.
In a cycle of 36, 5 will win 4 times for a total of $28. 5 will lose 6 times for a total of $30. The net loss is $2 for an
investment of $50(5*10).
This translates to 2/50 or 4%. This applies to 9 also.
In a cycle of 36, 4 will win 3 times for a total of $27. 4 will lose 6 times for a total of $30. The net loss is $3 for an
investment of $ 45 (5*9).
This translates to 3/45 or 6.67. This applies to 10 also.
                    Bet   Loss
6                   66     1
8                   66     1
5                   50     2
9                   50     2
4                   45     3
10                 45     3

Total             322   12
HA for 32 Across is 12/322*100=3.73%.
Gaming Guru can be fallible too!

This makes sense to me… but who cares? 

I’m like Snake, 777 and Superrick…  Who cares?!?!....  The house edge does not determine if you win or lose.  A good craps player knows how to win (or at least lose less) by using smart betting strategies and/or Dice Control.

The house advantage on the ten and four are 6.67%
The house advantage on the five and nine are 4.00%

You should never bet these place bets.

Going 32 across is an awful idea.

You should never bet 32 across.

With all point #‘s covered you have a 66 % chance of winning on each toss of the dice…..thats 2 out of 3 rolls.

This is a bad thing ?........If your handle was “Crapsplayer”, your comment would carry more weight.

There are no bad ideas in this game….only winners and losers.

777

basicstrategy777 - 26 October 2011 07:48 AM

With all point #‘s covered you have a 66 % chance of winning on each toss of the dice…..thats 2 out of 3 rolls.

This is a bad thing ?........If your handle was “Crapsplayer”, your comment would carry more weight.

There are no bad ideas in this game….only winners and losers.

777

I would say that winning a weighted average payout of $7.50 on four rolls (if you even last that long) for a total win of $30, then pushing on the fifth roll of 2, 3, 11, or 12, then losing $32 on the sixth roll of a seven is a bad thing.

ultimately….......lose=bad….......win = good.

I’m not talkin’ math. Who can argue with math ? 

777