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Ask The Wizard #23
What are the chances (and their occurrence) of rolling the dice 100,000 times in craps, specifically regarding the loss of a Don't Pass bet two to nine times consecutively?
My craps appendix This section illustrates how to calculate the odds for any given wager. Here, you will find that the likelihood of losing the don't pass bet stands at 2928 out of 5940. Consequently, the probability of enduring n sequential losses is given by (2928/5940).nIn 100,000 rolls, the estimated frequency of losing exactly n bets can be approximated by the formula: 100,000 multiplied by (2928/5940).n+2.
I have just a few more inquiries for you, and after that, I promise I won't trouble you for a long time! For an 8/5 20 nickel game, how much would the jackpot need to be for it to be considered a full payout, considering that you must bet 20 nickels to qualify for the jackpot? What would be the requirement for the same machine under a 7/5 payout? Lastly, how much would the jackpot need to be on an 8/5 quarter machine if it requires eight coins to be eligible? I also want to take a moment to express my gratitude for your valuable insights; they've certainly enhanced my gambling experiences!
You're welcome! For an 8/5 setup, the jackpot must hit 37,704 coins to achieve a full payout, based on the assumption of playing 20 coins to claim it. If you're only using 8 coins, the required figure would be 15,082 coins. For a 7/5 machine needing 20 coins, the jackpot would have to reach 46,956 coins. These calculations assume you're utilizing the optimal strategies for these pay tables, with a royal flush payout of 800 per coin. As the jackpot increases, you might need to adjust your strategies to pursue the royal flush more aggressively, though these adaptations are not factored into this response. The denomination of the coins doesn’t impact this outcome.
I've recently begun playing online, and I'm struggling to trust that these online casinos operate fairly. Despite trying out just three different sites, they seem incredibly difficult to beat. I usually perform consistently well in Blackjack at Vegas, yet these online versions are quite challenging. My question is—are online blackjack games truly fair? By the way, I really appreciate your website. I've learned a lot and am eager to apply some of that knowledge during my upcoming trip to Vegas. Thank you once again!
I appreciate your kind feedback. I believe that the majority of online casinos function fairly, although I won't assert that every one of them does. Take a look at my recommendations for casinos where I've encountered issues. casino blacklist as a resource for casinos that have given me trouble. Assuming you're avoiding those problematic ones, your losses might simply come down to some unfortunate luck.
What is a put bet in craps?
A put bet is akin to a come bet placed after a point has been established. I generally advise against put bets, as the value from come bets is derived from the initial roll, prior to any point being set. On the first roll of a come bet, the winning probability is 22.22%, whereas the losing probability stands at 11.11%.
Nevertheless, if you find yourself needing to cover other points quickly, the odds of place bets and buy bets on the 4 and 10 are usually better. This is assuming you’re only paying commission on wins. Only in cases where you can achieve 10x odds do put bets become more favorable than the best place and buy bets. Since very few establishments offer 10x or better odds, it's advisable to completely disregard put bets.