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Best of Alan Krigman
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Gaming Guru
How to Get Favorable Odds with Place Bets at Craps4 August 1997
The house is favored on each place bet: 6-to-5 on six and eight, 6-to-4 on five and nine, and 6-to-3 on four and 10. Respective payoffs of 7-to-6, 7-to-5, and 9-to-5 compensate for the adverse odds - with margins to give the casino a statistical edge. You can get the odds of winning place bets in your corner. In two different ways. Neither overcomes the house's edge, but one or the other may suit your individual gambling goals. Multiple place bets can flip the odds to favor the player. Folks often place several numbers at the same time. They do it to get as much action as they can afford on a shooter, but rarely realize how it affects other characteristics of the game. Instead, split the $180 evenly between six and eight. Your chance becomes 62.5 percent of winning and 37.5 percent of losing. You're favored 62.5-to-37.5, or 5-to-3, on any roll; wins, however, net $105 while losses still cost $180. Go further. Spread $180 across the board, buying the four and 10 for $29 each plus $1 commission and placing the rest for $30 apiece. This gives you 80 percent chance of winning and 20 percent of losing. You're a 4-to-1 favorite on any roll, but winning brings $35 to $57 - depending on which number hits - while losing sets you back $180. Sequential place bets are the second way to move the odds to your side. Group series of wagers on a number into rounds. To keep track, divide your chip rack into stake, active, and proceeds areas. Move chips for a round into the active section and make the first bet. End the round if you win, taking down your bet and putting it in the proceeds area with the payoff and any remaining active chips. If you lose, continue the sequence. Repeat until you win or deplete the active stack. Then start a new round. A round can be as short as two equal bets. Here's an illustration. Move $10 or $12 to the active area and bet $6 on the six or eight or $5 on the four, five, nine, or 10. End the round if you win. Bet again if you lose. Chances on each two-bet round are: Odds improve with longer sequences although expected wins fall relative to escalating amounts ultimately at risk. The chances for three-bet rounds of $6, $6, $12 or $5, $5, $10 are: By manipulating the odds, solid citizens can juggle risk and return for themselves. Getting favorable odds should please punters who like to hit and run with small profits, while galling gamblers bent on boom or bust. However, Sumner A Ingmark, bard of balanced betting, questioned whether conservative players could carry the concept too far: Recent Articles
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