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Gaming Guru
The House Edge and the Odds Bet15 April 2007
Hi Mr. T: When you are right you are right and when you are wrong you are wrong. You are right and wrong. The actual edge on the Pass Line bet is 1.41 percent. It is always 1.41 percent - you are right. If you bet $10 on the Pass Line your expectation is to lose approximately 14 cents. The edge on the odds is always 0 percent. It is always zero percent. If you bet $10 on the odds your expectation is to break even. If you bet $10 on the Pass Line and $10 in odds, your expectation is to lose 14 cents. Now, you can figure that 14 cents as only the Pass Line percent (1.41 percent) or as a combination of Pass Line and Odds which is about 0.85 percent. No matter what percent you give it - the loss is always 14 cents per $10 bet on the Pass Line. You can have 100X odds and the percent on the Pass Line is still that 14 cent loss for a $10 bet. Go here for complete information about the house edges at craps: http://www.goldentouchcraps.com/passline.shtml For your great letter I am giving you a free one-month membership in our private web site at www.goldentouchcraps.com. All the best in and out of the casinos! Frank Scoblete This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Recent Articles
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