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Gambling Wisdom of the Week: “There are card players and racetrack betters who are genuine professionals, but no one makes a profession out of shooting craps. Besides being plenty darn cheap to make – as little as – placing either of those two numbers has only a small casino edge, 1.For instance, let’s say you place a bet on the Pass line, followed by the point becoming a 10....

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At the outset, Robert, I do like that you complement your Pass line wager and odds with a Place bet on the 6 or 8. So, yes, Robert, double odds do work in your favor, but the more odds you take, the greater the reduction in the house edge.18%....

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Gambling Wisdom of the Week: “There are card players and racetrack betters who are genuine professionals, but no one makes a profession out of shooting craps.Casinos, petrified that millennials aren’t taking to traditional methods of gambling, are bringing live entertainment to the gambling floors to keep younger customers interested. My question is on the odds....

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So, yes, Robert, double odds do work in your favor, but the more odds you take, the greater the reduction in the house edge. According to a group of casinos in the USA, who are breaking the boundaries for what we can expect to see on the gambling floors, the same games are not attracting young people in the same way they did with the generation above. The lesson here, Robert, and it is an important one, is only to bet as much odds as your gambling budget allows....

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4% on your Pass wager, grouped with 10X in free odds, the two wagers coupled carry a minuscule 0. So, yes, Robert, double odds do work in your favor, but the more odds you take, the greater the reduction in the house edge.The casino advantage on your total bet when taking odds combined with your pass line wager on 1X odds is 0....

 

 

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