Over the weekend, Wynncore lowered the max odds on their craps table to 2X.
3,4,5x odd are only available in the HL room.
Can Mlife or CET be far behind??
Printable View
Over the weekend, Wynncore lowered the max odds on their craps table to 2X.
3,4,5x odd are only available in the HL room.
Can Mlife or CET be far behind??
Thanks for posting that, Luckylisa. It might surprise you to find out that the average "odds" bet made by players on the passline and come bets is 2x. There are really few players who make full odds bets. And as table minimums increase, the odds bets decline -- just the way it is.
My son was telling me about playing at Red Rock where they have 10x odds, and he said most players there also bet 2x odds.
I'm a little surprised that Wynn would do that. To me he is more of an old time non-corporate guy that understood gamblers. But didn't he also stop the free drinks while gambling thing too?
For people that didn't take advantage of the 10x or 100x odds, it really doesn't matter. In fact, the $5 or $10 player is still better off with the place bet.
Example: $10 pass with $20 odds on 6 pays $34. $30 place pays $35. Also--no risk of the 7 on the come out to wipe out the come bet. To me, the odds are only advantageous at at least 10x odds (preferably 100x) and at higher levels. I already didn't play odds in Vegas so it really doesn't effect me other than it leaves a bad impression and shows a disregard for the player.
I'm not surprised that 2x is the average.........I just have to look around the table to know that. I always play max odds (3,4,5x).
If the average is 2x, why change the table rules??
I'm a CET player, I'm hoping they don't follow suit.
Why change the table rules? Probably just to make it easier on the dealers.
My guess the second shoe to drop would be that they will bring in less experienced dealers at a lower pay scale.
Remember Wynn was the first to chop away at dealer tips.
Jimmy Wyke, former casino manager at Caesars, was the guy responsible for standardizing the 3, 4, 5 odds so that every point at full odds pays the same. He did that to make it easy on the dealers and of course back then Caesars was a high roller place with $100 and $500 tables.Quote:
Originally Posted by Luckylisa
Craps almost died out on the Strip a few years back. It is seeing a resurgence now but with low limit players who sometimes don't make odds bets at all and would rather bet the field every throw.
My bankroll can't support x345, so I just bet x2 when I play. So this rule wouldn't affect me.
I guess the rule would force more money onto the pass line from bigger bettors. More house edge for the casino. Seems odd for a nice place to do. Why not just raise the table limits if the need more money.
Raising the table limits increases the variance for the casino. Perhaps they don't care much for craps anymore and just want to be more of a slot parlor?Quote:
Originally Posted by RoeIncarnate
Raising the table limits might also discourage low-limit players. Instead of $10 tables -- and they made their tables $25 minimum it could hurt traffic.
Caesars routinely has $10 tables now.