Taking or laying odds is the ONLY bet where the house
has no advantage..they pay out exactly what the "true odds are"
In a message dated 11/30/2012 6:40:44 A.M. Pacific Standard Time,
is@is1.org writes:
While I greatly appreciate Bob Dancer's knowledge and expertise on
video poker, one question has been nagging at me ever since reading
of his adventures on card craps and "laying the odds". The question
is WHY?
Knowing nothing about "card" craps, I must presume that the rules and
odds are identical to regular craps, and the come out roll slightly
favors the pass side (8 rolls win, 4 lose and 24 establish a point
and are therefor neutral). Betting the "Don't", you have overcome
the negative odds and have an advantage of 6/5, 3/2 or 2/1 depending
on the number. What logical sense could it possibly make to cut your
advantage in half (or worse if laying multiple odds) by doubling your
bet to lay odds?
If purely for the "action", why not increase the action by constant
come bets?
....
Love, IS!!!
See IS - Spiritual Insights, a FREE book with no ads at http://
www.is1.org/
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