Craps 6 And 8 Payout

• Craps 6 And 8 Payout
• Craps 6 And 8 Payout

For a payout of 9.5 / 1 on a $75 hard 6/8 i know quickly to multiply by 10 and minus half the wager, so the payout will be $750 - $37.50 = $712.50 plus the bet stands. I was looking for similar short cut calculations on some of the other payouts if anyone knows of any. #1 Night Attack, Dec 7, 2015. The PLACE bet on a SIX and EIGHT is $6 increments; And payout is $7. This is a single bet wit no FREE ODDS. But, to answer you question on the $5 PASS LINE w/ $12 odds. The PASS LINE wager would yield even money w/ a payout of $5. For example, if the bettor bets $10, then the payout will be $14. Point is 6 or 8. Every $6 increment will pay $7. For example, if the bettor bets $12, then the payout will be $14. The penalty for confusing the place bet increment with the odds bet increment is that the casino will round down.

Placing the 6 and 8. Consider a $6 place bet on the 6. There are only 11 happenings out of 36 in this universe that produce a decision: 5 wins x $7 and 6 losses of $6 for a net loss of 1 unit. Having bet 11 X $6 the loss is 1/66 or -1.51515%. Payout odds differ between the numbers: the odds pay 2:1 on points 4 and 10, 3:2 on points 5 and 9, and 6:5 on points 6 and 8. What are the odds of rolling a 7 in craps? In craps, there is a 1 in 6 chance of rolling a 7 on the dice, or a 16.67% probability.

If you have some experience playing craps, you must have noticed the Big Six and Big Eight, that are to be found at both ends of the table.

Experienced players have learned to be cautious when it comes to these bets because if you do not use them properly, you expose your bankroll to significant risk. Yet, the bet seems attractive at a first glance because apart from 7, the other two numbers that are frequently rolled are 6 and 8.

CasinoCruise

Sign Up

100% up to

$/€100

Royal Panda

Sign Up

100% up to

$/€200

+ 10 Spins

Vegas Hero Casino

Sign Up

100% up to

€200

+ 50 Spins

Craps 6 And 8 Payout

BitStarz Casino

Sign Up

100% up to

€100

+ 180 Spins

Basically, the player bets that either 6 or 8 will be rolled before 7 is rolled. Similarly to the pass line bet, the player is required to place the desired amount of chips into the designated area on the table and keep their fingers crossed that their numbers will be rolled.

The big 6 is a wager that 6 will be rolled before 7.

The dice are rolled as many times as necessary until the player wins or loses. If 7 comes out before 6, you lose. The big 8 wagers are processed in the same manner. Players bet that 8 will be rolled before 7. In case any other number is rolled, the dice are rolled again. If 8 is actually rolled before 7, you win, but if the opposite scenario occurs, you lose your wager.

However, it is important to know that there is a significant difference in payouts between the place bet and the Big Six and Eight. The payout for a place bet on the 6 and 8 is 7:6, while the payout for the big 6 and 8 is 1:1.

In other words, a payout 1:1 means that you lose 6 bets for every 5 bets you win. The same applies to the place bets but the 7:6 payout makes it possible to keep more of your chips as you lose one of them for every 66 chips you wagered. If you wager on the Big Six and Eight, you lose one chip per every 11 wagered.

If you place bets on 6 and 8, the house edge reaches a modest 1.5%, but it jumps to a solid 9% when you bet on the Big Six and Eight. Despite being located in different areas on the layout, the two bets are practically the same.

Players who do not have enough experience in playing craps seem to be lured by the big 6 and 8 bets because of the relatively high probability of rolling these numbers. However, it seems impractical to opt for the Big Six and Eight bet and give the house a 9% advantage instead of making the same bet as a place bet and enhance your chances of turning a profit.

The dealer controls the place bet and places it in the designated area, which basically eliminates any arguments related to the players who get paid. In most cases, players are not well-informed about the difference between these bets.

Many players wonder about whether these bets are effective on the come out roll.

Well, there is not a definite answer to that question. The Big Six and Eight are always working, but that statement is not always applicable to the place 6 and 8. It depends on the casino you have chosen, as some do not offer such a bet. For example, Atlantic City-based casinos do not offer the Big Six and Eight bet and offer only place bets.

I'd be very careful with this strategy, it seems like a sure-fire way to slowly bleed money. If you (lose) one and then seven out, you're still down $6. Even if you personally get hot, you won't be making craploads of money... I think you'd be better off with a don't pass and one don't come (a little more strenuous on the bankroll).I like that strategy. Low variance, with the chance to win a bundle if a lot of sevens roll. Plus, you might get rated higher than you would with just line/odds. Let us know how it goes!

Craps 6 And 8 Payout

Edit: I'm a little confused. Why don't you just use place bets to lose?

I'd have to agree. You are making 2 bets with 4% HA and I don't even see for what reason. The probabilites say that it more than likely that a 6 OR 8 would be rolled before a 7, and therefore you lose. That's just me though. I HATE betting more than I will win.

1) The HA depends heavily on the rules at the particular casino. If they collect
the vig only after a win, that lowers the HA, but not as much as on buy bets,
since lay bets have >50% chance to win. Also, you are really betting $24 to win
$20, right? If they collect only on a win, they will pay you $19 for a win, take
the $24 if you lose. At this level, the HA is then 2.27%. However, you need to
find out the maximum bet for which they still charge only $1 vig, which may be as high as $36.
2) You are seriously under-capitalized at $200 with $50 on the table. Your risk of ruin is very, very high, about 44% in a sim I ran on WinCraps, 10,000 sessions of up to 60 bets. About 25% of the sessions turned $100 profit or more, up to $774.
I tried an alternate strategy, laying no 6 for $36, assuming a $1 vig collected
only on a win. This yields an HA that is the same as placing the six (1.515%). So, you have a lower HA and less money at risk on each comeout. The bust rate was still high, about 33%, but almost 30% of the time it won at least $100, up to $895, in 60 bets.
The trend towards collecting buy/lay vigs only on a win really tips the scale in favor of buy bets, because they win less than 50% of the time, only 33% for buy 4/10.
Cheers,
Alan Shank

1) The HA depends heavily on the rules at the particular casino. If they collect
the vig only after a win, that lowers the HA, but not as much as on buy bets,
since lay bets have >50% chance to win. Also, you are really betting $24 to win
$20, right? If they collect only on a win, they will pay you $19 for a win, take
the $24 if you lose. At this level, the HA is then 2.27%. However, you need to
find out the maximum bet for which they still charge only $1 vig, which may be as high as $36.
2) You are seriously under-capitalized at $200 with $50 on the table. Your risk of ruin is very, very high, about 44% in a sim I ran on WinCraps, 10,000 sessions of up to 60 bets. About 25% of the sessions turned $100 profit or more, up to $774.
I tried an alternate strategy, laying no 6 for $36, assuming a $1 vig collected
only on a win. This yields an HA that is the same as placing the six (1.515%). So, you have a lower HA and less money at risk on each comeout. The bust rate was still high, about 33%, but almost 30% of the time it won at least $100, up to $895, in 60 bets.
The trend towards collecting buy/lay vigs only on a win really tips the scale in favor of buy bets, because they win less than 50% of the time, only 33% for buy 4/10.
Cheers,
Alan Shank

I'd agree. I guess that's why he said if the table was hot he'd be dead. I wouldn't even think it would need to be hot. Just luke warm and he could be done real quick. Could be an incredibly short session.
If you do try this out, please post and let us know how it went.

Edit: I'm a little confused. Why don't you just use place bets to lose?

I don't believe place bets to lose are accepted at many places. The Wiz says only a single casino in Australia and some internet casinos have it.

This seems a very unwise strategy. If your bankroll is so limited, I would avoid the dark side. If you do want the dark side but have a limited bankroll then a simple DP with one or two DC bets seems more sensible. Laying odds may eat up a good chunk of your bankroll.

I don't think the problem is with the 'side', but rather the size of the bankroll relative to the size of the bets. With a $200 stake and $48 on the table, it doesn't take a whole lot of negative variance to wipe you out. The skew is opposite to the right-side skew, but you expect more winning bets than losing ones. Obviously, that didn't happen. Any strategy can get hammered by the wrong dice rolls - that's gambling!
The original poster might consider making one lay-no-4 bet for $40 or $50 (if $1 vig); that way, you'd expect to win 2 of 3 bets, so you'd have to be even more unlucky to wipe out, but it also means they'd collect the vig more often. Squeeze the balloon on one side, and it bulges out on the other!!!
As FleaStiff says, with only $200, you might be better of betting DP, where you can bet the table minimum and pay only 1.4% vig. I recommend laying single odds rather than making Don't Come bets, because they do not increase the expected loss, whereas DC bets do. At a $10 table, you can bet $10 DP and lay $12, $15 and $20 odds; you never have more than $30 on the table and your average bet is just about $21. That would reduce your chance of busting within a couple of hours to about 20%.
Cheers,
Alan Shank