Micro Bankroll Betting - OMG! A $1 Table!

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Okay, you tried the Mini Bankroll Betting approach (viewtopic.php?f=4&t=555) with your $120 Buy in and ended up down $70 before pulling the plug. You now have $50 left to play with. You get in the car and leave the casino and, as luck would have it, find yourself at a locals casino where there is a $1 double odds game. This casino wants your action so bad that they keep .25 and .50 cent coins on the table so you can make semi-correct bets. You step up and buy in for $50 - which, is the same as buying in at a $10 game for $500. Hey, you're flush! You have plenty of opportunities to win. So how do you go about it? Inquiring minds and all that.

I'll jump right in with a little advice. Your place action is going to pay even money until you get your bets up to a correct ($5 or $6) amount. That means you need to think out your place bet strategy a bit. We'll stick with the inside numbers. If you are going to play less than a correct bet here's how I'd do it:

Six and Eight: Place for $1.50. First hit press to $3.00. Second hit press to $6. Third hit same bet. Press and take from there.

Five and Nine: Place for $1.25. First hit press to $2.50. Second hit press to $5. Third hit same bet. Press and take from there.

As far as a Pass or Don't Pass strategy is concerned - well, you guys tell me.

How would you play a $1 game like this one? And yes, there are still a couple of games like this available in Vegas.

[Dylanfreake]

A one dollar Oscar`s Grind from the DP.

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Participation in this thread has been overwhelming. I will try to restrain myself. Here's another approach for you guys who have limited bankroll but don't like that even money payoff on incorrectly sized place bets:

First bet: $1 PL with $2 odds.

If that bet wins parlay the pass line bet to $2 with $4 odds.

If that bet wins parlay the pass line bet to $3 with $6 odds.

Seeing a trend here? You're now ablt to bet $3 with $5 or $6 odds and get a correct pay off on the free odds. Of course, if I found a $1 game I'd probably play it at the $3 level just so I could get correct odds in a 2x game.

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Yeah, I've seen a lot of players buy in for $20 at this type of game and play nothing but prop bets.

[Mad Professor]

That can lead to one of those "OMG! How the heck did I just lose $200 at a $1 table?!?!" situations.

When you combine the even-money 'short-pays' on the Place-bets, with the buck-here/buck-there Prop-betting that Irishsetter mentioned; your losses tend to sneak up on you because the burn-rate seems slower, but often isn't.



MP

[SHOOTITALL]

MP and Irish are right. There use to be $1 game all over LV, and I do not believe I ever won except once at the shoe. Heck, I think I remember a .25 cent game at either Circus Circus or that place downtown with the sticky carpet and all the homeless.
Can't remember the name. Age I guess. Anyways, those short payoffs do eat at any profit. In Marksville, the dealers on a three dollar six or eight would give you three dollars, keep the half dollar and place it on the number hit, to pay you better on the next hit, except that if a seven out occurred, they kept your loaner half dollar. It was better to ask for it. Pure stealing. sia (think it was the El Cortez, just down from downtown)

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I recall a session MANY years ago at the Golden Nugget. I was SL1. Irish was SR1. South Shore Swamie was at SR2. A "trailer" we'd picked up who wanted to attend the seminar but didn't have any $$ to register was next to me at SL2. The trailer (a guy who follows your trail from casino to casino when you're playing) started out with $18 across. I'd been tossing the dice for about a half hour when I noticed he'd pressed his bets on every hit without collecting anything. He had about $600 on the table. I suggested he take some of it down and he did. Two rolls later I sevened out. He made over $500 on the hand as I recall. He signed up for the seminar on the spot and paid me in chips. Chips are good. I'll take 'em.

I still remember the box man at that game. A miserable old bastard who - from time to time would mutter "I can't believe I'm running a $3 game at the GD Golden Nugget. The same game I was running thirty years ago."

[al_falcons]

If I were at the table, I would treat it like a $5 table so that I got the right odds on payouts. Nothing worse than getting even money on a place bet because you were too cheap to put out $5 or $6. It is like playing $1 Black Jack where they charge you $.25 a hand. Just another way for the man to get an advantage over you.

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It it's a double odds game you can play $3 on the line and still get correct odds on everything. This might be a good game to run a place-to-come strategy on, with $18 across and playing $3 Come bets. Use the place bets and whatever they win to take odds on the Come bets that travel. Once you get a few numbers established bring down the rest of the place action. Then reverse the process going from come to place as the bets pay off. Nah. Too complicated. But not as bad as trying to size your bets in a $15 game.

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By the way - if I owned a casino in downtown Vegas I'd park a couple of tables right by the front door of the casino and run a $3 game 24/7. The tables would be packed and that would draw in a crowd. You'd make a ton of money because of the short payoffs on $3 place bets.