Horse Handicapping and Craps

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Hmmm. I smell Fortune's Formula at work.

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And here I thought you were going to embrace the Kelly Criterion.

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Sounds like an extremely complicated way to chart. I'm doing the math in my head all the time while charting. For example, I can figure out that if we're seeing more than five sixes in every thirty six rolls then I need to be on the six. But I don't have to wait for thirty six rolls to know that. You should see a six roughly every 7.2 rolls. So if you watch six tosses of the dice and the shooter tosses something like 8 - 4 - 6 - 6 - 10 - 6 you'd BEST have some money on the six (IMHO) when it rolls the third time. In this case, I'd also have money on the four and ten, but I won't go into the "why" of that right now. You guys think on that a bit and see if you can use the same logic I applied above to come up with any ideas.