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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. Craps is a negative expectation game, meaning, that no matter how you bet, even a Pass line wager with 10X odds, the house always has an edge on your action. The lesson here, Robert, and it is an important one, is only to bet as much odds as your gambling budget allows....
For a low-budget gambler, laying on the layout, even for those FREE odds, is some serious Ka-ching.4% on your Pass wager, grouped with 10X in free odds, the two wagers coupled carry a minuscule 0.” Correct again! Taking odds, Robert, can be an expensive proposition, especially when dealing with multiples of 10X....
For instance, let’s say you place a bet on the Pass line, followed by the point becoming a 10.When playing craps, I like the pass line with odds, place the 6 and 8 and then feed the come line and place odds on each. So, yes, Robert, double odds do work in your favor, but the more odds you take, the greater the reduction in the house edge....
For a low-budget gambler, laying on the layout, even for those FREE odds, is some serious Ka-ching.85%; on 2X odds 0. A couple quick seven-outs at the onset of your play and you could easily exhaust your daily gambling bankroll....
A New England casino is emptying the space once filled with typical slot machines and, instead, offering tattoo studios, MMA competitions and other futuristic gambling entertainment.A New England casino is emptying the space once filled with typical slot machines and, instead, offering tattoo studios, MMA competitions and other futuristic gambling entertainment.For a low-budget gambler, laying on the layout, even for those FREE odds, is some serious Ka-ching....
