The Casino Lab Station 1 Craps Answers
The next time you are in the casino stop and listen when you approach the table games. From the craps pit, you will probably hear whooping and hollering as you see high-fives and other animated gestures coming from the players. Craps is by far the most exciting game in the casino and the players are not afraid to let their emotions show. The game is fast moving and at times very loud. It is for this reason that craps is probably the most intimidating game to new players. If you feel this way you are not alone. Many players would like to learn how to play craps but the thought of approaching a craps table scares them.
- The Casino Lab Station 1 Craps Answers Answer
- The Casino Lab Station 1 Craps Answers Questions And Answers
- The Casino Lab Station 1 Craps Answers Key
- The Casino Lab Station 1 Craps Answers Questions
What are your casino choices in Atlantic City for craps and Spanish 21? When you mention that it is wise to take full odds on a bet while playing craps, do you mean to match your bet with an equal odds bet, or to make the highest allowed odds bet along with your bet (ex: at a table with 10x max odds place a $1 bet with a $1 free odds bet, or a $1 bet with a $10 free odds bet). Frank Scoblete answers readers' questions. Frank Scoblete is the #1 best selling gaming author in America. His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!
It was a few years into my casino visits before I decided to find out what this game was all about and learn how to play craps. I knew that a pass line bet in craps with its low house edge of 1.41 percent made it one of the best bets in the casino. This gave me the incentive to take the plunge and learn how to play craps. It was a decision that I have never regretted. I love playing craps and over the years I have introduced many friends to this exciting game.
Craps is not as confusing as it looks. It actually is an easy game to learn. An understanding of the basics of the game and how to make a passline bet will get you started on your way. You don’t have to be concerned with any other of the craps bets when you begin to play craps. There are about 40 different bets that can be made on a craps layout but most of them like the proposition and hardway bets have terrible odds that you should avoid. To get started playing craps, all you need to understand is the basic passline bet
Passline Bet
A simple passline bet works like this. You place your bet on the passline before a new shooter begins his roll. This is known as the come out roll. If the shooter rolls a 7 or 11 you win. If the shooter rolls a 2, 3 or 12, you lose. If the shooter rolls any other number, that number becomes the point number. The shooter must roll that number again before a seven is rolled. If that happens, you win even money for your passline bet. If a seven is rolled before the point number is rolled again, you lose.
Example
A new shooter rolls the dice for the first time and they land on a 4 and a 2. The total is six, which becomes the 'Point.' The dealers places a marker that looks like a hockey puck on the number 6 on the craps layout. The shooter must now roll a six before he rolls a 7. If he rolls the six, the passline bet wins and the shooter rolls again. This is a new comeout roll and the same procedure applies as the first time the shooter rolled the dice.
If the shooter rolls a seven before the six the pass line bet loses and the dice are passed to the next shooter.
Odds Bet
Once the point is established the bettor can make an additional bet behind the passline bet. This is known as the 'Odds Bet.' It is the only bet in the casino that does not have a house edge as it is paid off with true odds.
Most casinos offer double odds, which means you can make a bet twice the size of your pass line bet. If you passline bet is $5 you are allowed to make an odds bet of $10.
The odds bet is paid as following:
If the point is 4 or 10 it pays 2 to 1
If the point is 5 or 9 it pays 3 to 2
If the point is 6 or 8 it pays 6 to 5.
A passline bet is the simplest bet you can make on at the craps table and it will get you on your way to playing this exciting game.
An easy way to learn how to play craps is to take advantage of the free lessons offered by many of the casinos. The instruction will give you the basics and also show you some of the table etiquette that will make you feels more comfortable approaching the table.
Show me a player making opposite, or near opposite, bets and I'll show you a player up to something. He is probably trying to take advantage of a promotion or comps. If I ran a casino, I would give credit only for money being risked. One could argue he is risking $10, because a 12 will cause the pass to win and the don't pass to push. However, that will happen 1 in 36 pass line bets only. If I ran a casino, I would give him an average bet of $0.
No, you were paid correctly. The 11 does pay 15:1 on the $5 of your bet. However you lost the other $15 on the 2, 3, and 12. So $75-$15=$60. Instead of taking the $15 from your bet, they take it from the winnings.
Thanks for the compliment. The Spanish 21 rules are the same across Atlantic City. I only know of two that have the game, the Tropicana and the Claridge, but there could be others by now. If I'm not mistaken, the best craps game is at the Sands, which offers 5X odds. When I say to take the maximum odds I mean bet the maximum allowed on the odds. For example, $50 after a $10 line bet. Keep in mind that you won't win more money by taking the odds, you just get to bet more without losing more in the long run.
Mary from Rising Sun, USA
I don't know the hold for any game. For the benefit of other readers, the hold percentage is the ratio of casino profit to chips purchased at the table. Since the same chips will circulate back and forth between the players and dealer for an unknown period of time, the mathematician has no way of calculating the hold or hold percentage.
I asked my friend Larry Drummond, a craps dealer and former webmaster of Next Shooter for help on this question. Larry can be a bit abrasive but is a good source of hard to find information on craps. Here is what he said, 'Comps for craps vary from Casino to Casino and from Boxman to Boxman. A player should get to know the Boxman. The Boxman sets the players average bet and tracks the TIME that a player is at the table. It is easier for the Boxman to track action for COMPS. if the player is consistent in their wagering pattern. Now, I ask you ... if a player goes $52 or $54 across after a Point is established with a $5 flat bet on the Pass Line. Is that a $57 or $59 average? ... Or a $5 average with a whole bunch of other INDIVIDUAL bets? The answer is... IT DEPENDS ON HOW WELL YOU KNOW THE BOXMAN and HOW MANY TIMES TO YOU ATTEND THIS PARTICULAR CASINO.'
Larry added in another e-mail the following, 'In addition to the information I already sent to you ... ODDS on Pass Line and Come bets are often NOT included in the AVERAGE for comps. Same with LAYING ODDS on the Don’t Side... as in the long run this should be a WASH. But ... If a smart boxman wants someone who is spending big bucks on ANY 7, the worst bet on the table... he would probably average the ODDS and the LAYS to keep the sucker coming back to the casino ... you can re-word this to make it a little more palatable for your site ... In addition ... A good boxman will COMP to the MAX if he sees that the PLAYER is 'betting for the boys.'
I wasn’t planning on it. There are so many betting patterns in craps that one analysis would only fit a small percentage of craps players.
Thank you for the kind words. I still say that the house edge is not dependent on the number of come bets you make. Yes, it is depressing to establish one come point after another and then lose everything on a seven. However there are other times when the shooter takes ages before rolling a seven and you win lots of come bets along the way.
In California dice alone can not be used to determine the outcome of a game. To get around this law many casinos use a hybrid of cards and dice, or cards only. My crap section now addresses some of the ways this is done.
The following tables show the number of hands/tosses per hour in blackjack, craps, and roulette. The source of the tables is Casino Operations Management by Jim Kilby.
Hands per Hour in Blackjack
Rolls per Hour in Craps
In craps 29.6% of total rolls are come out rolls, on average.
Spins per Hour in Roulette
You could do a tournament. Every player will buy in for the same amount of non-cashable chips. Establish somebody to be the banker, paying off bets as in normal craps. Whoever has the most chips after some benchmark, for example x 7-outs, wins the pool. Since you will have an even chance with everybody else, I think it would be okay to ask for tips for the use of your house.
Two suppliers of gaming tables I am aware of are TCS John Huxley and Midwest Game Supply. They probably do sell to the public. The price of a craps table at Midwest Game Supply is $3,950. If a used one will suffice, the Gambler's General Store sells used tables.
According to the the Bone Man at NextShooter.com, here is where and when you can find the tubs:
One Tub at Wild, Wild West (probably open only evenings, weekdays, and on weekends).
One Tub at Ellis Island (probably open only evenings, weekdays, and on weekends).
One Tub at Circus Circus in West Casino section, hardly ever open unless on busy holiday.
2010 update: I hear the Ellis Island replaced the tub with a full craps table.
The expected number of total rolls is 1671/196 = 8.5255. Interestingly, the expected number of rolls for a point is exactly 6. That leaves 2.5255 come out rolls. So the percentage of come out rolls is 2.5255/8.5255 = 29.6%.
The answer is 50/50. This will be true for any number of dice rolled, not just two.
A bit off-topic, but I've always thought an odd/even set of bets would be a good way to replace the dreaded big 6/8 bets in craps. To give the house an advantage, here are my proposed pay tables and analysis.
Odd Bet
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 3 or 11 | 1.5 | 4 | 0.111111 | 0.166667 |
| 5 or 9 | 1 | 8 | 0.222222 | 0.222222 |
| 7 | 0.5 | 6 | 0.166667 | 0.083333 |
| Even | -1 | 18 | 0.500000 | -0.500000 |
| Total | 36 | 1.000000 | -0.027778 |
Even Bet
| Event | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| 2 or 12 | 3 | 2 | 0.055556 | 0.166667 |
| 4 or 10 | 1 | 6 | 0.166667 | 0.166667 |
| 6 or 8 | 0.5 | 10 | 0.277778 | 0.138889 |
| Odd | -1 | 18 | 0.500000 | -0.500000 |
| Total | 36 | 1.000000 | -0.027778 |
Please note that I claim all rights with this publication.
This question is raised and discussed in my forum at Wizard of Vegas.
What is the etiquette of tipping the shooter in craps?
There is absolutely no expectation of tipping the shooter ever! I would go as far as to ask you not to, lest it become a 'thing,' and leeches start hanging around the table, only betting on their turn, and shaking other players down for tips. This whole culture of tipping in casinos is getting completely out of hand.
This question is raised and discussed in my forum at Wizard of Vegas.
Assume I'm playing craps at a table with 100x odds. I'm debating whether to make a place bet on the 6 or 8 or a put bet. How much odds would I have to put on a put bet to have a better value than the place bet.
Good question. The house edge on a place bet on the 6 or 8 is 1.52%. At 5x odds, the overall house edge is exactly the same on a put bet on the 6 or 8 at 1.52%. At 6x odds, it drops to 1.30%. So, it takes 6x odds to become a better value.
The Iron Cross is a way of betting the field and place bets to win on any roll of the dice except a 7. The field already covers the 2, 3, 4, 9, 10, 11, and 12. The player will add to that place bets on the 5, 6, and 8 to cover the rest of the numbers, besides 7. The following table shows what the math looks like with a $5 field bet, $5 place bet on the 5, and $6 place bets on the 6 and 8.
Iron Cross
The Casino Lab Station 1 Craps Answers Answer
| Dice Total | Win | Combinations | Probability | Return |
|---|---|---|---|---|
| 2 | 10 | 1 | 0.027778 | 0.277778 |
| 3 | 5 | 2 | 0.055556 | 0.277778 |
| 4 | 5 | 3 | 0.083333 | 0.416667 |
| 5 | 2 | 4 | 0.111111 | 0.222222 |
| 6 | 2 | 5 | 0.138889 | 0.277778 |
| 7 | -22 | 6 | 0.166667 | -3.666667 |
| 8 | 2 | 5 | 0.138889 | 0.277778 |
| 9 | 5 | 4 | 0.111111 | 0.555556 |
| 10 | 5 | 3 | 0.083333 | 0.416667 |
| 11 | 5 | 2 | 0.055556 | 0.277778 |
| 12 | 15 | 1 | 0.027778 | 0.416667 |
| 36 | 1.000000 | -0.250000 |
The lower right cell of the table shows an expected loss of $0.25. The total amount bet is $22. This makes the overall house edge $0.25/$22 = 1/88 = 1.14%.
The Casino Lab Station 1 Craps Answers Questions And Answers
At this point you may be wondering how this house edge can be lower than the house edge of each individual bet. The answer is because the house edge of 1.52% placing the 6 and 8 and 4.00% placing the 5 is based on per bet resolved. If define the house edge on place bets on a per roll basis, then the house edge placing the 6 or 8 is 0.46% and on the 5 is 1.11%.
We can get at the 1.14% house edge by taking a weighted average of all bets made, as follows:
The Casino Lab Station 1 Craps Answers Key
($5*2.78% + $5*1.11% + $12*0.46%)/22 = $0.25/$22 = 1.14%.
Be wary of casinos that pay only 2 to 1 for 12 on the field bet. Insist on getting the full 3 to 1. The short pay doubles the house edge on that bet from 2.78% to 5.56%.
The Casino Lab Station 1 Craps Answers Questions
As to my opinion, compared to most games, 1.14% is a pretty good bet. However, you could do much better in craps. For example, with 3-4-5x odds, making the pass and come bets, with full odds, you can get the house edge down to 0.37%. Doing the opposite, betting the don't pass and don't come, plus laying full odds, results in a house edge of 0.27%.The standard deviation, relative to the pass bet, with full 3-4-5x odds is 4.915632.
The standard deviation, relative to the don't pass bet, laying full 3-4-5x odds is 4.912807.