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Tuesday, March 3, 2009

Odds

Bet Actual Odds Odds Paid House Edge
Pass / Come 251:244 1:1 1.41%
Don’t Pass / Don’t Come (Bar 12) 1031:949 1:1 1.36%
Pass Odds / Come Odds Same as paid 2:1 on 4 or 10
3:2 on 5 or 9
6:5 on 6 or 8
0%
Don’t Pass Odds / Don’t Come Odds Same as paid 1:2 against 4 or 10
2:3 against 5 or 9
5:6 against 6 or 8
0%
Yo (11) 17:1 15:1 11.11%
Yo (11) 17:1 16:1 5.55%
Field 5:4 1:1 on 3,4,9,10 or 11
2:1 on 2 and 12
5.56%
Field 5:4 1:1 on 3,4,9,10 or 11
2:1 on 2, 3:1 on 12
2.78%
Hard way 4 / Hard way 10 8:1 7:1 11.11%
Hard way 6 / Hard way 8 10:1 9:1 9.09%
Place 4 / Place 10 2:1 9:5 6.67%
Place 5 / Place 9 3:2 7:5 4%
Place 6 / Place 8 6:5 7:6 1.52%

House edge for the 2 different Yo bets 15:1 and 16:1

-1*34/36 + 15 * 2/36
    -0.11111111111111111111111111111111  = 11.11% House Edge
-1*34/36 + 16 * 2/36
    -0.055555555555555555555555555555556 = 5.55% House Edge

 

-1 * 34/36 + 16 * 2/36   = 5.55% House Edge
34/36 times you will loose $1 
2/36 times you will win $16 


ref http://en.wikipedia.org/wiki/Craps
ref http://en.wikipedia.org/wiki/Roulette

Pass / Come ----- calculation ------------
-1 * 251/(251+244) + 1 * 244/(251+244)
    -0.01414

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