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craps house advantage FAQ
HELP Which site will tell me how to calculate the house advantage in craps?
Apr 11, 2007 by - | Posted in Mathematics
When making the pass line bet with "full double odds".
I recommend the Wizard of Odds. It has house advantages and other probabilities and strategy information for all sorts of gambling games.
Site: http://wizardofodds.com/
TheMathemagician | Apr 11, 2007
I recommend the Wizard of Odds. It has house advantages and other probabilities and strategy information for all sorts of gambling games.
Site: http://wizardofodds.com/
TheMathemagician | Apr 11, 2007
Question about the Craps game... What does "whopping house advantage " mean, and how do you calculate it?
Nov 04, 2008 by hero_gt350 | Posted in Gambling
It would be great if you could illustrate it by some calculating examples. I'm good at math, and I can figure it out. But I just don't know what this advantage is representing.
The house advantage is the difference between the odds of an event happening and the payout if that event actually occurs. You calculate it by subtracting the odds of it happening
Bigsky_52 | Nov 04, 2008
If your good at math, then you should know your best odds are betting the line, after that your odds go down
Kaz | Nov 04, 2008
HELP! How do I calculate the house advantage in craps, when making the pass line bet with "full double odds"?
Apr 11, 2007 by - | Posted in Mathematics
The house always has the advantage of "pass" line bets. Once the "point" is determined, the bettor has the option to "take the odds" of that "point"
shaboom2k | Apr 11, 2007
The house always has the advantage of "pass" line bets. Once the "point" is determined, the bettor has the option to "take the odds" of that "point"
fujiama | Apr 11, 2007
What are the odds of rolling a perfect 244/251 Pass Line bets to achieve 1.41% house advantage in craps?
Jan 14, 2010 by tuttigym | Posted in Gambling
The 1.41% HA is bogus because it requires the PERFECT math of 244 winning PL bets against 251 losing bets. Example: If the first 20 pass line bets results in seven losers, then
Right. Difficult to understand exactly where you're coming from.
When folks talk about the house having a 1.41% advantage on any particular bet, you can't ever
pdq | Jan 15, 2010
Is it possible to make a consistant profit at a casino? Blackjack, craps, etc. Not slots?
Nov 07, 2010 by Raiden Li | Posted in Card Games
For the low house advantage games. is it possible for gambling to become a consistant profit? Of course you will have those unlucky days and those lucky days, but in the long run,
I know many people who make a living from playing Poker and yes, if you are good you can make a decent living at playing Poker. As for making a living off "house games",
| Nov 07, 2010
craps house advantage news
The Pitch Questionnaire with Midwest Voices' Aimee Patton
20.05.12
Name: Aimee Patton
Occupation: Owner of Keynote Companion Inc. (a presentation design company) and an independent associate with HelmsBriscoe (a third-party hotel-site selection company)
Hometown: Leawood
Current neighborhood: Overland Park
Who or what is your sidekick? My daughter, Amelia, 5, and our kitten, Harry Gary
Source: Pitch Weekly
craps house advantage about
Slot players win less, so they get more comps
Detroit Free Press - May 20, 2012
With a Pass line wager and a Place bet on the 6 or 8, you are making bets with a slight house edge: about 1.5%, then lowered even more when taking odds. By betting the Any 7, your friend is making the worst proposition bet on the crap table,
Miami-Dade County Shoots Craps With Federal Grants at Opa-Locka Airport
SYS-CON Media (press release) - May 20, 2012
Now County and Aviation Managers are shooting street craps with federal grants, betting the house they can beat federal law," states BMI spokesperson Stephen O'Neal, a former 25 year tenant who had first sought a development lease at Opa-Locka Airport
Casinos have their ways to stymie card counters
Tribune Review - May 20, 2012
Of course, those other games typically don't interest a counter, because the house edge is impossible to overcome. Years ago, Las Vegas casinos were notorious for "back rooming" egregious counters, forcing them to provide ID, be photographed and,
Driven to Distraction
Poker Player Online - May 20, 2012
But there is surely one large advantage that regulars have over tourists. The regulars are not nearly as susceptible to the many distractions that every public poker room offers. Let's look at the three major distractions that face a poker room
Bill Easing Casino Restrictions Worries OC
The Dispatch - May 20, 2012
Senate a couple of weeks ago and was heading to the House this week as House Bill (HB) 1265. SB 892 allows for an expansion of gambling at approved slots locations in the state to include table games such as poker, blackjack, craps and roulette.
