Craps or Baccarat?
Posted: Fri Feb 10, 2017 12:09 pm
Assuming you are playing with a positive expectation when you are the shooter AND that you don't bet on anyone's hands other than your own and other proven shooters - craps is hands-down the best game in the casino as far as I'm concerned. The problem lies in the fact that you are rarely the only shooter at the table, and unless you have a playing partner you hit the casino with regularly - you have no idea if the other player has a proven edge or not. It's just a guessing game. So, we'll have to assume that you're going to end up at the table with a bunch of randies and you're going to bet on their hands. What is the best way to play? Let's look at the odds.
Given a choice between playing the right side versus the dark side on random rollers - it looks like playing the Don'ts is the way to go. And as you all know, the more odds you take or lay - the less the overall house edge on those bets. Personally, I am a fan of "easy math" when playing at the casinos. I'm also opposed to making large lay bets to win a lesser amount of money. For example, in a $10 100X odds game you'll never see me lay $1000 odds on the four or ten for a shot at winning $500. I know it's the smart way to play, but I just don't like the bankroll volatility that goes with it. So, I stick with anywhere from double odds to 3x4x5 odds on my Don't bets. Most frequently you'll see me laying double odds on the six and eight, three times odds on the five and nine and five times odds on the four and ten. Hey, it's just me. You play it your way. But let's say I average somewhere around three times odds. That would put me bucking an overall house edge of 0.341%. That's damn near nothing, my friends. With an edge that small and a little luck you should be able to win on simple variance if you stand at the table long enough. Of course, the problem with THAT is the fact that playing a single Don't Pass or Don't Come bet with odds and then watching those great rolls go by is a killer. In fact, it's boring as hell. But hey - if you want to be entertained go see a Cirque show. If you want to win - prepared to be bored.
Of course, some of us don't like laying odds at all. For years I'd play a single Don't Pass bet of $15 followed by a $10 Don't Come bet. That gave me $25 action and my goal was to win $25 on every player that touched the dice. If I ever got knocked off one of those wagers THEN I'd lay a sufficient amount on the remaining Don't bet to recoup my losses on the one knocked down. If I got knocked off BOTH bets then I was through for that shooter. Not a bad way to play. House edge without taking the free odds "get-back" bet into consideration - 1.36%. Still not bad.
So how does all of this stack up to Baccarat - which is touted as one of the best "50/50" games in the house? The player bet has a respectable 1.24 % house edge. The Banker bet has an even better 1.06% house edge. NEVER bet the tie - which is sort of like prop betting at craps. It carries a whopping 14.36 percent house edge.
The fun part of Baccarat is that you're continually betting and not waiting for extended periods of time for someone to seven out like at craps. Of course, with more decisions per hour you have more opportunities to lose. Smart players try to compensate for that by betting "with the cards," looking for streaks and trends and trying to capitalize on them. Some players have had luck with the "carnival game" side bets by counting cards at baccarat, but that edge is fleeting and from my point of view not worth pursuing.
Betting banker at a 1.06% disadvantage versus the Don'ts at craps at a 1.36% disadvantage is, for my money, essentially a toss up. But when you factor in the Free Odds bet craps will win out every time. Add to that a touch of skill with the dice and you have a formula for success.
Okay, admittedly this graphic is a little difficult to read, but it's been on the hard drive since Windows Millineum Edition days, so bear with me.
Given a choice between playing the right side versus the dark side on random rollers - it looks like playing the Don'ts is the way to go. And as you all know, the more odds you take or lay - the less the overall house edge on those bets. Personally, I am a fan of "easy math" when playing at the casinos. I'm also opposed to making large lay bets to win a lesser amount of money. For example, in a $10 100X odds game you'll never see me lay $1000 odds on the four or ten for a shot at winning $500. I know it's the smart way to play, but I just don't like the bankroll volatility that goes with it. So, I stick with anywhere from double odds to 3x4x5 odds on my Don't bets. Most frequently you'll see me laying double odds on the six and eight, three times odds on the five and nine and five times odds on the four and ten. Hey, it's just me. You play it your way. But let's say I average somewhere around three times odds. That would put me bucking an overall house edge of 0.341%. That's damn near nothing, my friends. With an edge that small and a little luck you should be able to win on simple variance if you stand at the table long enough. Of course, the problem with THAT is the fact that playing a single Don't Pass or Don't Come bet with odds and then watching those great rolls go by is a killer. In fact, it's boring as hell. But hey - if you want to be entertained go see a Cirque show. If you want to win - prepared to be bored.
Of course, some of us don't like laying odds at all. For years I'd play a single Don't Pass bet of $15 followed by a $10 Don't Come bet. That gave me $25 action and my goal was to win $25 on every player that touched the dice. If I ever got knocked off one of those wagers THEN I'd lay a sufficient amount on the remaining Don't bet to recoup my losses on the one knocked down. If I got knocked off BOTH bets then I was through for that shooter. Not a bad way to play. House edge without taking the free odds "get-back" bet into consideration - 1.36%. Still not bad.
So how does all of this stack up to Baccarat - which is touted as one of the best "50/50" games in the house? The player bet has a respectable 1.24 % house edge. The Banker bet has an even better 1.06% house edge. NEVER bet the tie - which is sort of like prop betting at craps. It carries a whopping 14.36 percent house edge.
The fun part of Baccarat is that you're continually betting and not waiting for extended periods of time for someone to seven out like at craps. Of course, with more decisions per hour you have more opportunities to lose. Smart players try to compensate for that by betting "with the cards," looking for streaks and trends and trying to capitalize on them. Some players have had luck with the "carnival game" side bets by counting cards at baccarat, but that edge is fleeting and from my point of view not worth pursuing.
Betting banker at a 1.06% disadvantage versus the Don'ts at craps at a 1.36% disadvantage is, for my money, essentially a toss up. But when you factor in the Free Odds bet craps will win out every time. Add to that a touch of skill with the dice and you have a formula for success.