100X Odds - Gimmick or Benefit?

[heavy]

We all know Casino Royale in Vegas is famous for its 100x odds game. Note that there are some senior citizens who have been glued to the floor in that joint for the last ten years or so - the carpet is that sticky. As for the rest of the county - 20X odds is about as good as it gets. We do have an abundance of 100X odds games over in Shreveport-Bossier. But the fact is, you RARELY see anyone playing 100X odds. What's the deal? You'd think the high roller crapsters would flock to these joints and put all the numbers. Just don't see it happening, though.

What do YOU think of a 100X odds game? Gimmick or actual benefit that you might use? Frankly, I rarely see anyone play more than 10X odds. Thoughts?

[al_falcons]

I would think it was all about bankroll and buy in amounts. If you are a high roller and want to lay down $1000 per shooter at a $10 table, you have GOT to have at least 20-30K session buy in don't you think? Anything less and you might not make it around the whole table if you are playing on the random rollers. If you are a DI and are confident in your shot and can make 45-50% of your points, then by all means you should be playing max odds on your pass line bets.

Can you handle the pressure of having that much in play on one point cycle? I know that I can't, I am just starting to feel comfortable enough with my shot to put down 5X on my odds, it would take a lot for me to start to play 100x on myself. I just don't think the average player wants even $500 at a $5 table in play on one roll.

[acpa]

Doesn't the Horseshoe in Tunica still have 100x odds.

Don't think I've ever seen anyone playing them. In fact it seldom to see people playing max odds even at the 20 times in Tunica.

Noah

[Mad Professor]

For me, and only when I am shooting; a $3 100x-Odds game would be my limit for applying-max-Odds.

Higher than that, say a $5 game; then 60x would be my comfort-max.


MP

[wild child]

.
So could we say a fellow might set a time limit or maximum number of rolls on his BIG ACTION ?

For example $50 PUT BET with $5,000 each BOX NUMBER ODDS across the board...........

$300 in PUT BETS with $30,000 in ODDS ,that should stimulate the juices of most Advantage Players as well get the adrenalin pumped up for the gamblers and stimulate "interest" from the management
Let's place FIELD ACTION of $1500.....

One roll and " Reduce my ODDS to $50 each " and let the hand play out.

Other than an inopportune SEVEN , looks like a good day rate of pay.

W C

[Americraps]

Looking at Rapping Captains exponential odds system, I would imagine that he can get up there on a long hand.

[DeadCat]

For me, and only when I am shooting; a $3 100x-Odds game would be my limit for applying-max-Odds.

Higher than that, say a $5 game; then 60x would be my comfort-max.

Does that include Put bets with Odds or just the PL?


-DC

[heavy]

One of the things I've seen in the past at some Vegas casinos - and it may still apply - is different odds on lower limit games. For example, many years ago I was playing at Sam's Town and their $5 game was something like 10 or 20X odds, but if you played their $3 game they limited you to double odds. That was probably to prevent players from coming in and putting all of the numbers.

The game I once considered to be the best in the US was at the old Harrah's boat in Vicksburg many years ago - a $3 game with unlimited odds up to $500. That essentially 167X odds if you wanted to make the bet. The table was pretty much always full of guys putting all the numbers on every toss on every shooter. Huge wins and huge losses. Crazy times.

At the end of the day I am of the opinion that the 100X odds games are geared toward getting the under bankrolled player to over bet his bankroll, thereby getting cleaned out quicker and making room at the table for another player.

[DeadCat]

Heavy said:
"At the end of the day I am of the opinion that the 100X odds games are geared toward getting the under bankrolled player to over bet his bankroll, thereby getting cleaned out quicker and making room at the table for another player."

Got to agree with Heavy on this one.

I think they are great in theory but tough in real world, real dollar play.

Because the Odds portion have no inherent house advantage all they really do is increase the amplitude of variance. Most of us can't afford to ride that roller coaster because even if you are playing with an advantage if your bankroll is limited, there's a good chance that at some point the variance will swing far enough against you that you will be unable to continue to bet, at least that day.

There's also the anxiety issue when bet size gets uncomfortable. Skilled shooting is dependent on the state of the shooter and an anxiety can have physiologic symptoms like increased blood pressure (makes holding fingers still more difficult), sweating (grip, vision) and others, including bad decision making. Unless you are desensitized to the stress it is reasonable to believe that it can compromise your advantage. If it were 5c and 500 pennies it probably wouldn't.

But, if you can afford the risk, you are playing a game where only less than 1% of your total bet is subject to only 1.41% house advantage. $505 in play only pennies expected loss on each bet. It is practically a fair bet and when coupled with player advantage shooting a potential money tree. But it is not for most of us.


-DC

[Mad Professor]

Hi DC,

If it was a $5 100x-Odds store; I would back my Passline-bet with a max of 60x-Odds ($300)...and I'd Put-bet the 4 and 10 for $5 each and start them off at 50x-Odds WOTCO.

~The first of those two (the 4 or the 10) to generate three paying-hits, would get pumped up to 100x-Odds...two paying-hits later, I would increase the flat portion of the Put-bet to a dime ($10) in order to ratchet up the Odds to to the 100x level.

~The entire press-progression looks like $250 for three hits...then $500 for two paying-hits...then $1000 for two paying-hits....thereafter it's raised in $500 increments on each one subsequent paying-hit until it reaches $2500, whereupon it is raised in $1000 increments on each hit.



MP

[wild child]

.
M P

For those who may go "wobbly" ( a Martha Thather quote) , what is your opinion on covering all the BOX NUMBERS and some FIELD ACTION ( of whatever % or A SUBSTANTIAL HORN ) to cover all but that 16.XXX POTENTIAL SEVEN for one roll. Then whatever the result ( OTHER THAN THAT TROUBLESOME 16.XXX % ) pull down all the HYPER ODDS BETS to be replaced with smaller ODDS ACTION or even just left NAKED to be repeated or the TERMINATION of the hand by said "bothersome SIXTEEN decimal WHATEVER PERCENTAGE ?

On the show of POINT SEVEN OUT , oh well gone,gone,gone ,like a soldier in the CIVIL WAR.
Should just one bet be completed BOX NUMBER,FIELD or HORN , would there be a POSITIVE RESULT dollar wise or at least chip face value ? KNOW ???

W C

[Mad Professor]

Hi WildChild,

That's a good question.

In a random-outcome game, even a "carefully deployed" one-roll Iron-Cross/Anything-but-7 method WILL NOT beat nor overcome the 16.67% house-edge often enough to be net-accretive to your bankroll.

Sad by true.

If we are talking about its use by a skilled-shooter; then depending on his D-I proficiency, it is quite possible for the Iron-Cross to be quite profitable; however, it probably won't be the most 'efficient' earner if given a choice of other, more-focused betting approaches.


MP

[wild child]

M P

I agree with you that with six ways to make a SEVEN out of 36 combinations = 16.66667 % on any and all rolls of two ( 2 ) standard ,plain jane "non twisted " dice . 6/36 = 16.66667

100 % - 16.66667 = 83.33334 MORE or LESS ( +/- ) KNOW ?

So otherwise stated on any single toss there is 83.33334 % that a number other than THE SEVEN (7) will SHOW.

Thus should an Advantage Player or even the lowly ANYTHING OTHER THAN ADVANTAGE PLAYER chance one roll to pick up a full day rate pay ? That is the QUESTION KNOW ?

What manner of being would TAKE SUCH A RISK ?

One might answer that : Such a being would indeed be RISK TOLLERENT ! KNOW ? Should said being cover the HORN NUMBERS also for said ONE ROLL . KNOW

For surely the #'s 2 , 3 , 11, 12 may show and said GAMBLER would have to choose TAKING DOWN HIS/HER COLLECTIVE WAGER and show only Chips At Risk or CHANCE a second ROLL of the DICE.
On a second roll of the dice our said gambler is still facing only having an 83.333334 % *chance of walking a WINNER and a 16.66667 % RISK of loosing a LARGE WAGER.

* Actually said gambler would need cover the HORN and or FIELD or chance a NO GAINER to some uncovered number showing. By PLACE BETTING ALL THE BOX NUMBERS SAID GAMBLER IS SURELY RISKING A LARGE SUM $$ on the one roll of the dice. Further a WAGER in THE FIELD or HORN may dilute any win on the BOX #'s. Then said gambler need consider the further $$ amount risk to LOSS to the SEVEN ( 7 ).

Big Delema :
What will he/she do

[heavy]

This reminds me of a story I've told before on the old board - about the guy I saw once who bought in for $200 - all black - and placed $100on the Pass Line and $100 on the Yo - tossed the eleven on the come out, picked up his pass line winner and said $1600 and down on the eleven. Then said "passing the dicie" and left the casino.

[Golfer]

Hey Heavy, was that Dicer?

[heavy]

No, the guy I'm thinking about (don't know his name) is an Elvis Presley look-alike who is well known to the dealers. Apparently this is his usual m.o.

[Texas Tosser]

In December of 2010 I was in Cripple Creek CO on a Wednesday afternoon. One of the newer casinos (on the edge of town) had $1 craps with 100X odds. It was a Wednesday only thing...

I would imagine that would make it damn near an even money game for the casino...

Tex

[heavy]

With Colorado's goofy casino laws I'm surprised they'd let anyone bet $100 on ANY bet - including one with no house edge.

[Dylanfreake]

I`m not sure that any casino in Tunica has 100x odds. I think all the casinos in Tunica have 20x odds. I remember in the past Ballys may have only had 10x odds.

I was playing at GS over the weekend and a guy was playing 20x odds . He would start with $50 on the line and for his come bets and take 20x odds . He went up to a $60 line and come bets after he made his first pass, then $70, then $80 and I saw him with $90 on the line , max odds when he sevened out. Just before he sevened out, I heard a pit critter tell another that he was up $2100. He must have been down because after his roll , I counted with him ,as he counted $18,000 of just his purple chips.

He was rolling when I walked up to the table----just slinging the dice from the end of the table making 2 points of 10 and 2 points of 9. He hit a lot of box numbers in the 25 minutes I stood there before making a wager. I see that fellow in Tunica just about every time I am there. He gets markers and moves from table to table--crapsless and regular.

[acpa]

DF,

doesn't Horseshoe still have 100x times?

Noah