I am going to start this thread with a question for regnis because of the info he gave us in another thread about betting on horses. This is open to all to participate in, thanks.

regnis I know very little about horseracing or even betting the horses -- but the problem I see with all horse racing bets is that it is all or nothing. You bet XXX to show and if XXX doesn't show but wins or places -- you lose.

Since you play craps, regnis, have you ever figured the value of a bet on a place number such as "6" in craps vs. the value of placing the same bet on a horse? I ask this because the "6" is not a one roll bet and can in fact win multiple times and always pays $7 for every $6 bet. Is the "6" in craps a better bet than putting the same amount of money on a horse for one spin around the track?