Quote:
Originally Posted by NewOldGuy
I don't quite understand your bet, but the chance a "Don't Pass" bet wins (or loses) is not exactly 50%, so this is not a fair wager. The streak before the bet is irrelevant in any case.
Actually you are right, I badly expressed my idea.
Say we want to consider craps just in term of two bets, pass line and don't pass line altogether forgetting any other possible bet.
We know their EV is quite similar but built on different features as the rules dictate so. Anyway, we could consider PB and DPB each opposed to the other one like a 50/50 taxed model typical of other games.
Indeed the house will counterbalance our PB or DPB action with a 1:1 payment, so it's forced to take the other side when we bet one (naturally
mathematically getting the best of it no matter what).
Nonetheless we know that along the way any single outcome will be affected by different probabilities having each a certain degree of variance and volatility.
We also know that in the whole pass line bet will get 244 ways to win and 251 ways to lose and don't pass line bet will get 2847 ways to win and 2928 ways to lose.
And in our opinion the variance of those different probabilities could affect the long term streaks' formation happening on each side, getting the Craps game more a choppy game than a streaky one.
PS: it seems that the fkng Interblock company which set up the famous automatic Craps or roulette machines spread everywhere do not allow to wager certain bets (speaking about Craps let's guess which kind of bets I'm referring to). Besides that, many times they tell the player "
bet not allowed, too low volatility". .
LOL.
Last edited by asymbacguy; 01-05-2017 at 07:38 PM.