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bblumen Special user Baltimore 987 Posts |
Anyone use prop bets to get the cash?
"Lulling the minds of your company is more important than dazzling their eyes." Ed Marlo
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Unknown419 Inner circle 1321 Posts |
I use prop bets to get the cash in dice games.
Doc |
bblumen Special user Baltimore 987 Posts |
Quote:
On 2011-07-23 17:13, Unknown419 wrote: I wonder how many street crap players are out there today? When I played, there were only a handful of throwers who knew true odds. And, they were the old timers back in the 70's.
"Lulling the minds of your company is more important than dazzling their eyes." Ed Marlo
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Unknown419 Inner circle 1321 Posts |
In the south that's all they play and they play every day. They play every day here in the city as well but they play a game called Cee-Lo (that's with 3 dice) more than they play craps.
A crap proposition I bet that the dice don't throw over 2 Doc |
slim23 Veteran user 309 Posts |
I use prop bet to entertain player's around the card game.
The players you play with must have fun. You then have a happy customer. Then, the game gets serious. Slim p.s. I once did this in a poker game at Binion's. Me and another player would bet on anything and it would look like we were drunk or junkies for action. The other players would have fun and were playing looser poker that paid. Obviously, no cheating there for me, though... |
Unknown419 Inner circle 1321 Posts |
Crap Proposition Bet
(Pay attention to the wording of each bet) I bet that the dice don't throw two different points over 4 (Note: If the shooter throws a 6 he loses if he throws a 6 again because it's not a different point) (I win on 1-1, 1-2, 2-1, 2-2, 1-3, 3-1 all 7's, 5-6, 6-5, 6-6) 15-ways I can win right? No it's 35 to his 21 because he loses 5 points because he threw a 6 which is 5 ways to make. I bet that the dice don't throw two points over 4 (Note: If the shooter throws a 6 and he throws a 6 again he wins but the odds are still in my favor 30 to 21). (I win on 1-1, 1-2, 2-1, 2-2, 1-3, 3-1 all 7's, 5-6, 6-5, 6-6) 15-ways I can win right? No it's 35 to his 21 because he loses 5 points because he threw a 6 which is 5 ways to make. I bet that the dice don't throw two different points. (I win on 1-1, 1-2, 2-1, all 7's, 5-6, 6-5, 6-6). The odds here are 24 to 21 on his first roll which is in my favor, if the shooter throws a 6 he loses if he throws a 6 again because it's not a different point, his odds changes from 24 to 21 to 24 to 16 on his second shot; if he throws a 5, 24 to 17; if he throws a 4, 24 to 18. How do I get 24? I get 24 because the sucker has to throw the dice twice in order to beat me so my 12 odds is doubled to 24 on the his second shot or to 15 to 30 with the 4's added; he has to throw the dice twice in order to beat me but he only have to throw the dice once in order to lose to me. Respectfully, Doc |
JasonEngland V.I.P. Las Vegas, NV 1728 Posts |
Here's an old one for you Doc,
Take 3 dice. You can pick any number from 1 - 6. Throw the dice. If your number shows on 1 die, I'll pay you a dollar. If it shows on 2 dice, I'll pay you 2 dollars. If it shows on all 3 dice, I'll pay you 3 dollars. Costs you a dollar each time to play. By throwing 3 dice, you're 50 - 50 on getting your chosen number on at least one die. That means that in the long run, approximately 50% of the time you'll win a dollar and 50% of the time you'll lose a dollar, right? So you break even on most throws. The times your number comes up on 2 or 3 dice is just your profit. Wanna play? Jason
Eternal damnation awaits anyone who questions God's unconditional love. --Bill Hicks
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NJJ Inner circle 6437 Posts |
No!
I've done the math and the house has an 8% edge. Out of 216 possible outcomes 125 times you'll lose the buck 75 times you'll make a buck 15 times you'll make two bucks only once will I win the three bucks Unless my math is wrong. (I got obsessed with chuck a luck a few years back. I had one of those 'monty hall' type moments where the math made no sense to me) I've read in a few places that ten card poker deal is used as a prop bet sometimes. But I've not read it anywhere trustworthy. |
Enzo Loyal user CA 243 Posts |
Your math is right, but your conclusion is wrong I believe. The scam is of course in the wording "Costs you a dollar each time to play", which means that you will not at all break even on the long run, because if your number does not show up, you loose a buck, but if it does show up, you get back the buck it cost you to play, so you don't win. In fact, you only win if your number shows up 2 or 3 times, which is, as you say, quite unlikely: you win with 16 out of 216 outcomes and I win with 108 out of 216 outcomes. The fact that you win two bucks in 1/216 outcomes does not change these terrible odds much...
The math: 1. Your number does not show up (108/216 = 50%): you loose a buck 2. Your number shows up once (75/216): you play even (I give you back the buck it cost you to play) 3. Your number shows up twice (15/216 = 6.9%): you win ONE buck (two bucks I'll give you, minus the one it cost you to play) 4. Your number shows up three times (1/216 = 0.46%): you win TWO bucks (three bucks I'll give you, minus the one it cost you to play) Your total expected winnings: 0.5*(-1) + 0.069*1 + 0.0046*2 = -0.42, i.e. on the long run you'll loose a whopping 42 cents per play! The house has a 42% edge! |
Peter Woerde Regular user The Netherlands 107 Posts |
I use chuck-a-luck in my performances where the players get dollars to play games with me. I like it best when I have six people playing all different numbers, that way I either break even when three different numbers turn up or make a profit when there are two or three of the same.
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Unknown419 Inner circle 1321 Posts |
Quote:
On 2011-07-24 21:33, JasonEngland wrote: Whatever the math is on this I don't like the percentage. I went through the motions of doing this a number of times and each time I did I basically lost. To make this prop really work what you need to do is put in a dead ace, deuce dice in on the sucker and then watch your percentage. This prop is so slow that I would win faster if I bet the sucker that the (2) dice don't throw over/under 7. {My edge is I win when the dice throw a 7}. Doc |
Enzo Loyal user CA 243 Posts |
Doc, when you say that "each time you lost", do you mean you as the person offering the proposition (the "I" in Jason's text), or you as the sucker? Did you take a dollar for each bet and only paid it back when the number showed up? (Taking the text to the letter, that is: "Costs you a dollar each time to play.", i.e. regardless of whether you win or loose). In that case you should've won.
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NJJ Inner circle 6437 Posts |
Quote:
On 2011-07-25 16:11, Peter Woerde wrote: Me too! Exactly like this! I give each person three fake bills to bet. I explain that, I will pay them REAL cash if they win but only if I don't have any fake bills to pay them. Of course, I always have fake money. |
Unknown419 Inner circle 1321 Posts |
Quote:
On 2011-07-25 17:13, Enzo wrote: As the I in Jason's text, I lost. Over all I lost. Just like I got tired of throwing the dice so will the sucker and he'll leave with my money in his hand before the ratio shows in my favor. Us blacks don't like them 3 to 2 ratios or 5 to 4, we want to win. Ya'll can keep that tiny ratio mess. Try These Crap Props and See If You Win I bet the dice throw a pair or natural (7-11) in two rolls. I bet the dice throw a 10, 4 or natural (7-11) in two rolls. Respectfully, Doc |
LobowolfXXX Inner circle La Famiglia 1196 Posts |
Throw 2 dice behind a screen...if neither shows a 'one' no bet that roll. If there IS a 'one', slide a die with a 'one' into view...now offer 9-1 against the other die's being a 'one' also.
Then there's the ol' Earl of Yarborough's wager...13 card bridge (whist, in his case) hand...1000-1 against a player's being dealt no card 10 or higher (no tens, faces, or aces). True odds: closer to 2000-1.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
NJJ Inner circle 6437 Posts |
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