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CALCULATING
TRUE
ODDS
6:5
3:2 2:1
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The only bets that pay true odds are odds bets associated with the Pass Line, Don't Pass, Come, and Don't Come bets. This means that the payoff ratios on these bets are a direct reflection of the true odds. For instance, there are 6 ways to roll a 7, and 5 ways to roll an 8, so the true odds of rolling a 7 versus an 8 are 6 to 5.
Therefore, an odds bet on the 8 will pay $6 for every $5 you bet.
| POINT
6 OR 8 |
PAYS
6:5 |
(ODDS
BET PLUS 20%) |
| POINT
5 OR 9 |
PAYS
3:2 |
(ODDS
BET PLUS HALF) |
| POINT
4 OR 10 |
PAYS
2:1 |
(ODDS
BET PLUS 100%) |
Technically,
paying off odds at 6 to 5
simply
means your paying the bet plus 20% How quick can you pay $840 at 6 to 5 odds?
What is 20% of 840? Now add that figure to $840.....Not all that simple,
is it? When I went to dealing school years ago, I remember my instructor
teaching me that each red chip pays $6 and each green chip pays $30. That also
works to a degree. Then I remember a player that bet about 12 green chips and 14
red ones in odds one day and I couldn't compute the payoff fast enough. There
must be an easier way!..........There is!
Point
6 or 8
Paying
the true odds
6:5
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The chart's to
the right are what I call "the first nine"
Here's how it
works. First , we move a decimal point around a little.
10 pays 12 thus
100 must pay 120, (1000 = 1200)
20 pays 24 thus
200 must pay 240, (2000 = 2400)
30 pays 36, 300 =
360, > (3000 = 3600)
40 pays 48, 400 =
480 ...
60 pays 72, 600 =
720 ...
70 pays 84, 700 =
840 ...
80 pays 96, 800 =
960...
90 pays 108, 900
= 1080...
That $5 bet
paying $6 will be a key bet
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6
to 5
10
= 12
20
= 24
30
= 36
40
= 48
50
= 60
60
= 72
70
= 84
80
= 96
90=108 |
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Here
are a few more: (use the chart)
5
PAYS
6 IS
THE "KEY" BET
Examples of breaking a
bet down :
35=42
Within
the $35 odds bet you have a $30 bet and a $5 bet
(30=36,
5=6, 36+6=42)
45=54
Within
the $45 odds bet you have a $40 bet and a $5 bet
(40=48,
5=6
, 48+6=54)
65=78
Within
the $65 odds bet you have a $60 bet and a $5 bet
(60=72,
5=6
, 72+6=78)
85=102
Within
the $85 odds bet you have a $80 bet and a $5 bet
(80=96,
5=6
, 96+6=102)
Popular
6 to 5 odds bets
25=30
Within
the $25 odds bet you have a $20 bet and a $5 bet
(20=24,
5=6
, 24+6=30)
75=90
Within
the $75 odds bet you have a $70 bet and a $5 bet
(70=84,
5=6
, 84+6=90)
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6 to 5
10 = 12
20 = 24
30 = 36
40 = 48
50 = 60
60 = 72
70 = 84
80 = 96
90=108
6 to 5
10 = 12
20 = 24
30 = 36
40 = 48
50 = 60
60 = 72
70 = 84
80 = 96
90=108 |
|
Lets
turn it up a little: (use the chart)
120=144
Within
the $120 odds bet you have a $100 bet and a $20 bet
(100=120,
20=24, 120+24=144)
330=396
Within
the $330 odds bet you have a $300 bet and a $30 bet
(300=360,
30=36, 360+36=396)
225=270
Within
the $225 odds bet you have a $200 bet and a $25 bet
(200=240,
25=30, 240+30=270)
175=210
Within
the $175 odds bet you have a $100 bet and a $75 bet
(100=120,
75=90, 120+90=210)
One
could look at the 150 within paying 180 then 25=30
Remember
that $840 bet we just discussed in the intro?
800
pays 960, 40 pays 48.......$840 pays $1008
Looking
back to those old days as a break in dealer, the player that bet 12 green
($300) and 14 red ($70)
300
pays 360 and 70 pays 84,
that
$370 odds bet pays $444
For
you poor souls dealing a 25 cent crap game, the same principles will apply:
Player
bets $4 in odds $4 = $4.80 ($4.75)
Player
bets $8 in odds $8 = $9.60 ($9.50)
Player
bets $9 in odds $9 = $10.80 ($10.75)
Player
bets $23, 20 = 24, 3=3.60 (24+3.60 = $27.60 ($27.50)
NO
ONE PARTICULAR RATE OF RETURN (ODDS) IS MORE IMPORTANT THAN ANY OTHER,
HOWEVER; THIS IS A
FACT:
YOU WILL PAY 6 to 5 ODDS MORE OFTEN THAN ANY OTHER RATE OF RETURN OFFERED
ON THE GAME.
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6 to 5
10 = 12
20 = 24
30 = 36
40 = 48
50 = 60
60 = 72
70 = 84
80 = 96
90=108
6 to 5
10 = 12
20 = 24
30 = 36
40 = 48
50 = 60
60 = 72
70 = 84
80 = 96
90=108
6 to 5
10 = 12
20 = 24
30 = 36
40 = 48
50 = 60
60 = 72
70 = 84
80 = 96
90=108 |
Point
5 or 9
Paying
the true odds
3:2
Technically,
3 to 2 simply means the bet plus 50% Some students can indeed take any bet and
add half, no problem. What is half of $584? Now add that to 584 real
quick!...................Well?
The"
bet plus half" is great for simple bets, however; 'breaking bets
down' is a much better way to compute difficult payoffs using the same
uniform principals as discussed above. The right column has our
"first nine" at 3 to 2 odds.
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Here's
how it works: (compare with chart)
5
pays 7.50 is the key bet
10
pays 15,
thus 100=150, 1000
= 1500
20
pays 30, thus
200=300, 2000=3000
30
pays 45, 300=450 3000=4500
40
pays 60, 400=600 4000=6000
50
pays 75, 500
=750............
60
pays 90, 600
= 900...........
70
pays 105,
700
= 1050........
80
pays 120, 800
= 1200........
90
pays 135, 900
= 1350........
|
3 to 2
10 = 15
20 = 30
30 = 45
40 = 60
50 = 75
60 = 90
70 =105
80 =120
90 =135 |
|
5 PAYS
7.50 IS
THE "KEY" BET
(5=7
on a dollar game)
15=22.50
Within
the $15 odds bet you have a $10 bet and a $5 bet
(10=15, 5=7.5,
15+7.50=22.50)
35=52.50
Within
the $35 odds bet you have a $30 bet and a $5 bet
(30=45,
5=7.5
, 45+7.50=52.50)
65=97.50
Within
the $65 odds bet you have a $60 bet and a $5 bet
(60=90,
5=7.5
, 90+7.50=97.50)
95=142.50
Within
the $95 odds bet you have a $90 bet and a $5 bet
(90=135,
5=7.5
, 135+7.50=142.50)
55=82.50
Within
the $55 odds bet you have a $50 bet and a $5 bet
(50=75,
5=7.5
, 75+7.50=82.50)
85=127.50
Within
the $85 odds bet you have a $80 bet and a $5 bet
(80=120,
5=7.5
, 120+7.50=127.50)
Somewhat
popular 3 to 2 odds bets
25=37.50
Within
the $25 odds bet you have a $20 bet and a $5 bet
(20=30,
5=7.5
, 30+7.50=37.50)
75=112.50
Within
the $75 odds bet you have a $70 bet and a $5 bet
(70=105,
5=7.5
, 105+7.50=112.50)
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3 to 2
10 = 15
20 = 30
30 = 45
40 = 60
50 = 75
60 = 90
70 =105
80 =120
90 =135
3 to 2
10 = 15
20 = 30
30 = 45
40 = 60
50 = 75
60 = 90
70 =105
80 =120
90 =135
3 to 2
10 = 15
20 = 30
30 = 45
40 = 60
50 = 75
60 = 90
70 =105
80 =120
90 =135
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Remember, always
try to use "the bet, plus half" for the simple payoffs. Use the
chart for more difficult payoffs. Lets eliminate the "0" on the
end of the numbers for just a second and then put it back.
140 Pays
210 instead
of 140, look at 14.
14 plus half( 7
) = 21
220 Pays 330
look at 22 22 plus half (
11 ) = 33
280 Pays 420
look at 28
28 plus 1/2 (14 ) = 42 now,
lets say your having trouble adding 28 + 14 real quick, this is where the
chart would come in.........
280=420
Within
the $280 odds bet you have a $200 bet and a $80 bet
(200=300,
80=120, 300+120=420)
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3 to 2
10 = 15
20 = 30
30 = 45
40 = 60
50 = 75
60 = 90
70 =105
80 =120
90 =135
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Point 4 or 10
Paying odds at
2 : 1
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Not
to tough here, one important point:
Double
the strong side of the equation first
85
= 170
Double
80 first then the 5
80
= 160, 5 = 10
176
for example
Calculate
the 100 first followed by the the 70 then the 6
100
= 200...70 = 140...6=12
352 |
2 to 1
10 = 20
20 = 40
30 = 60
40 = 80
50 = 100
60 = 120
70 = 140
80 = 160
90 = 180 |
Odds Allowed
The house allows the maximum size of an odds bet to be some factor of the flat bet. This Odds Allowed Factor is displayed on a placard mounted on the inside wall of the table. For example, if you had established a $10 Pass Line bet then you would be allowed to take the following amount on odds:
Odds Allowed ( Factor Odds)
Single $10
Double $20
Triple $30
5X $50
10X $100
20X $200
100X $1000
In general you use this simple formula:
Odds bet maximum size = Size of flat bet X Odds Allowed Factor
This formula works for the Pass Line Odds and Come Odds bets. However, for the Don't Pass Odds and Don't Come Odds bets, the maximum size is larger still because you are laying odds instead of taking odds.
With these bets you're allowed to lay amounts that will win the
maximum odds allowed. The easiest way to figure out how much you can lay is to calculate the maximum size using the above formula and then ask yourself: If this were a Pass Line Odds bet, how much would it pay? The resulting figure is the amount you are allowed to lay on the Don't Pass Odds or Don't Come Odds bets.
For instance, let's say double odds are being allowed and you have established a $5 Don't Pass bet with the point as 6. If it were a Pass Line bet, you could make a maximum odds bet of $10 which would pay $12. So there's your answer - you may bet $12 on the Don't Pass Odds bet. This concept may take a little practice to master and might partially explain why few players bet against the dice.
The maximum size for an odds bet is not always a strict multiple of the flat bet. The house may allow a greater amount in order to make a correct payoff. Often the method used to calculate the maximum amount is based on single odds. For instance, on the point numbers 5 and 9 where the odds pay 3 to 2, if an uneven flat amount such as $3, $5, etc. were bet, then an equally sized single odds bet would not be fully payable (e.g. $3 x 3/2 = 4.5 which leaves .5 leftover if the smallest chip the dealer has to pay with is $1). Therefore, the single odds bet is allowed to be pushed to the next higher increment. So a $3 bet could take $4 in odds ($4 x 3/2 = 6 = fully payable), a $5 bet could take $6 in odds, and so on. Similar pushes are allowed on the point numbers 6 and 8 which pay 6 to 5. For instance, flat bets such as $3 or $4 can take single odds of $5. But no pushes are allowed for odds bets on the point numbers 4 and 10 because all amounts are always fully payable with a 2 to 1 payoff.
Usually these ratios hold true for all check denominations. So a $300 Pass Line bet on point number 5 would be allowed to take $400 in odds (3 - $100 checks pushes to 4 - $100 checks). A $75 Pass Line bet on point number 8 would be allowed to take $125 in odds (3 - $25 checks pushes to 5 - $25 checks), etc.
To figure double or triple odds, some casinos simply double or triple the amount that would be allowed under single odds. For instance, a $15 flat bet on the point 6 would take $25 in single odds (3 checks push to 5) and can therefore take $50 in double odds. Another method is to double or triple the flat bet and allow an amount equal to the single odds for that figure. However, many casinos now use straight multiples of 2x for the 4/10 and 5/9, and 2.5x for the 6/8 with rounding up to the nearest amount divisible by 5 for most cases. But what a casino allows for odds is somewhat like a personal signature, so the important thing to do is ask how much they'll allow and go with it, realizing that the next casino may allow something entirely different. At the very least you know that your odds bet can be as large as the size of your flat bet times the Odds Allowed Factor.
For greater than triple odds, any links to single odds are severed and the flat bet is simply multiplied with the Odds Allowed Factor. However, pushing is still sometimes necessary and usually considers the denomination check you're using to bet. For instance, at a 5X table with a $15 Come 5 bet, a $75 odds bet would need to be pushed in order to make a whole payoff. But rather than just allow $76, a push to $80 would be
allowed.
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