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Nearest Casino sports 3x, 4x, 5x odds on their website. Was

 
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Cymbal Man Freq.
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PostPosted: Thu Apr 14, 2005 6:00 am    Post subject: Nearest Casino sports 3x, 4x, 5x odds on their website. Was Reply with quote

Time to reconsider the odds progression strategies!
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Cymbal Man Freq.
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PostPosted: Thu Apr 14, 2005 7:00 am    Post subject: Put Bet the 6 or 8 with 5X odds strategy Reply with quote

So I should just "Put" the 6 or 8 and place 5X odds on the amount of the bet?
Maybe they don't allow (or even know anything about) "Put" bets?

Put Odds
$5 $25
$6 $30
$7 $35
$8 $40
$9 $45

$10 $50

$12 $60
$14 $70
$16 $80
$18 $90
$20 $100
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PostPosted: Thu Apr 14, 2005 6:01 pm    Post subject: Re: Put Bet the 6 or 8 with 5X odds strategy Reply with quote

Cymbal Man Freq. wrote:
Quote:
So I should just "Put" the 6 or 8 and place 5X odds on the amount of
the bet?
Maybe they don't allow (or even know anything about) "Put" bets?

Put Odds Win Place Bet for Put + Odds Win
$5 $25 $35 $30 $35
$6 $30 $42 $36 $42
$7 $35 $49 $42 $49

etc.

The point of this chart is that making a put + 5x odds on the 6 and 8
has the same payoff as placing the number for the same risk.

The big difference is that if you want to take your bet down, you can
take down the whole thing if it is a place bet. With a put bet, you
can only take down the odds portion.

Put buts are only worth doing if you are getting better odds than 5x on
the 6 and 8 or 4x on the outside numbers.
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Bob R
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PostPosted: Fri Apr 15, 2005 3:00 am    Post subject: Re: Put Bet the 6 or 8 with 5X odds strategy Reply with quote

[email protected] wrote:
Quote:

Put buts are only worth doing if you are getting better odds than 5x on
the 6 and 8 or 4x on the outside numbers.

For the 4 & 10 it depends on how they charge the vig. If you put the 4
with a $5 base bet, you are basically paying a $5 vig when the bet hits,
which means that it would require 20x odds to beat buying it if you've got
normal LV strip rules where you only pay the vig when the bet wins.
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PostPosted: Fri Apr 15, 2005 2:01 pm    Post subject: Re: Put Bet the 6 or 8 with 5X odds strategy Reply with quote

Bob R wrote:
Quote:
[email protected] wrote:

Put buts are only worth doing if you are getting better odds than 5x
on
the 6 and 8 or 4x on the outside numbers.

For the 4 & 10 it depends on how they charge the vig. If you put the
4
with a $5 base bet, you are basically paying a $5 vig when the bet
hits,
which means that it would require 20x odds to beat buying it if
you've got
normal LV strip rules where you only pay the vig when the bet wins.

You're right. My previous post was just comparing put bets to place
bets. I didn't factor in buy bets.
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Bob R
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PostPosted: Sat Apr 16, 2005 1:01 pm    Post subject: Re: Put Bet the 6 or 8 with 5X odds strategy Reply with quote

[email protected] wrote:
Quote:

You're right. My previous post was just comparing put bets to place
bets. I didn't factor in buy bets.

Yeah, I can't even think about outside place bets. Truly the devil's own.
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