@Michael Shackleford: You mentioned in the video at 14:30 the "Fire Bet" commonly pays 1000 for 1 "if" all 6 point numbers are rolled before a 7 out. But then the "Make em all bet" which you have to hit every number (before you 7 out). But that bet only pays (on that layout) 176 for 1. Because you have to cover 10 numbers (before a 7 out) on the "Make em all bet", shouldn't that be the bet that pays 1000 for 1? As opposed to just the "Fire Bet" where you only have to cover 6 points (before a 7 out) which pays the 176 for 1. The "Make em all" is the tougher of the two bets to win.. That was my mindset for the odds. Thanks!
Played at the Hard Rock Vegas. July 2017, they still only have 15 to 1 odds on 3 or 11. and 30 to 1 on 2 and 12. Betting on 7 at the hard rock, pays 4 to 1, and the any craps only pays 7 to 1. I would like to thank the dealers thought at the HR for alerting me to the fact that its a suckers bet. And thanks to Mr. Shackleford for explaining. The All Small and Tall are fun (HR again reduced the payout by 1 on each), however its kinda fun and I won the all small after like 16 rolls.
House edge and odds are different concepts but they are tied together a bit. What is really important is that you win! That part of the analysis is where things get dicey. One throw of the dice is a risk most people can evaluate ahead of time but you must remember that when a series of rolls must contain the path to success then all possible outcomes must be considered. Many rolls will not pay. Some end the game in a loss. So the question is left, when to bet. A pretty good tip off is the way the house pays and how the table is laid out. 36 possibilities for every roll. Six and eight pay lower but winning a little is better than a small chance to win a lot. Unless it's just the thrill of competition. Then you win every time. I was in a race one time and was fairly certain I could not win but it was a long race and I was pretty sure I could not win but was fairly sure I could hold the lead for a while. It happened to be a fifty mile bicycle roadrace. Had it been a different type of race I might have had a better chance. I didn't just lead the race for about five miles, I scortched those pro riders. My top speed was 62 mph on my generic Fuji s-12s. They all had 2000 dollar custom Italian road bikes. As I left the pack one of them said, "Damn! If he keeps this up, he'll kill us all. " After that they disappeared far behind me for a while. I was b!own out after 5 miles of that. My dad showed up and the road wasn't shutdown he said he had to do 65 to pass me. I had slipped in behind trucks many times before and stayed with them for about the same distance and I was going flat out. The guys I rode with, none of them could do that. Once those ridiculously slow police cars tried to catch me. They caught a friend of mine because, well technically he stopped. They chased me off and on for five hours that night. My friend met me at the door when I got home. He said he was cheering me on in the back of the patrol car. He got a lawyer and the evade and elude charge was dropped against him because he stopped in about 100 yards. Still they impounded his bike and put their knee on his neck while they cuffed him up and took him a few blocks over to book him. There is of course a little back ground info. We were taking part in a freedom of navigation excercise. The city had decided to shut down main street at night during week ends. That night about 131 people were booked for driving down main street. There were a pair of patrol cars at every intersection downtown. The first couple passes on our bikes the cops just waved. I was relieved. My friend was serious about the freedom of navation concept. Then this lady reserve officer tries to knock my friend down as he goes by after she said stop. This fired me up. She was going to try for me but I went from loaf to cheetah in a few seconds. I had my head down and went by at 45 mph. A few weeks after that the cops rolled their helicopter into the river after landing it on the bank while joy riding in it. Then they got bicycles. As you might guess, when I am lucky, the casino takes a hit. Best day was when I walked in with 28 cents and walked out with $600. There will always be a winner that will buy drinks when they hit a score. Ask them for a couple chips instead. Then bet like the devil is after you.
my first thought is to skip part three because you say the horn bet is a sucker bet. I don't think I will be playing sucker bets but will watch... thank you...
It would have been nice if you demonstrated playing these bets. To give people an understanding of how to place them and the terminology used at the table.
@@Timbretwo I think Michael is wrong about that. Hardway bets are not a one roll bet. On average there are about 100 rolls p/hr. If you played a Hardway 6 & 8 bet everytime for $1 it will be settled around 30 times p/hr. Therefore the cost to you per hour is $1 x 0.0909 × 30 = $2.72 p/h. So you can expect to lose $2.72 p/h. This is actually not that bad compared to other bets in the casino
Is the "Hard Bets or ways" loses when the hard numbers comes up only when the number comes up (easy way) and only when those numbers (hard or easy) comes up and that complete that bet or is it a 1 roll deal??
Hey Wizard - this table is ___ for 1, while most tables I've seen has it expressed as ___ to 1. So - most tables I've seen pay 15 to 1 or 30 to 1, which is exactly the same as 16 for 1 / 31 for 1. Might want to cover that on your next update :)
thank you! this makes a sense now. In the video, he mentioned the hard 4 and hard 10 bets are paid 7 to 1, but it's printed on the table as 8 for 1.. really confused me because in an earlier sentence he said the true odd are 8 to 1.
Mike, I know the Fire bet is sucker BUT.... Saw a shooter makes 4 of the 6 numbers. Fire bet pays 25 to 1, 250 to 1 and 1000 to 1. He has $5 bet. He already has a $125 win. Next number he rolls is a 5. So he lays the 5 for a $180. Thinking that if he sevens out he will make $120 plus his $125. If he makes the 5 for his 5th number he then will make $1250 (-$180). Sounds like a win win. And he did 7 out but could have done the same for the 6th number. What do you think of his strategy? Thank you.
anyone else notice that sucker bets are always in prominent positions and in large fonts but the best bet (free odds) is only a small board under the dealer
@@JB-by1zl Yes indeed, nothing like eating a good steak dinner on house money. I'm going to Vegas in May, I'll have to take a long shot or two just to make it interesting.
You keep on saying sucker bet in this very high-handed judgemental tone and it's making you sound like a jerk. No one is going to get rich playing craps and most of us aren't trying to grind out rent money at the table. So, since this tool wont tell you what the center of the table is really for, I will :) It's about having FUN, making noise and getting your heart thumping. Obviously these bets should be used sparingly but when you toss out a buck on a 3-3 hopping and it hits, on 30 to 1 odds, what a freggin' RUSH. That is why and how craps tables always get so loud and why it is so fun to play. There is much worse ways to "waste" a buck, so please go ahead and indulge once and a while. When you happen to hit (which is more often than this goof will admit) and you feel your blood run cold, your jaw drops in amazement, everyone claps for you, and best of all your dollar is now thirty.... BAM that's what it's all about!! If you cant have fun at the craps table and get a little crazy with a dollar chip then you don't belong there!! May I suggest you go sit quietly in the blackjack pit with all the other craggy chain smoking card counters....
Admittedly, yes it can be fun to throw a dollar chip on a "sucker bet" every once in awhile, and it is great of you win. But the problem I see with it, is there are about 40 different bets you can make in craps, and only the sucker bets in the middle of a table have such a terrible house advantage. Ignoring them, you still have about 30 bets you can make. There is plenty of excitement to be had on those 30 bets, and you can get your adrenaline hit all the same. Ever have a shooter that is just on fire, hitting naturals and making their points, never losing for 10+ rolls? It can get insane, and the house doesn't have nowhere near the advantage that these sucker bets make. That said, sucker bets make for a great way to tip the staff. Throw a few bucks on hard 8 for the dealer, and your set. Win or lose, you get happy staff who become more friendly. And you get them excited on the action.
Polspect is correct - make hardways bets, yo's, horn high 12s ONLY for the dealers, at the end of your session. The way you suggest, you could have taken 5 or ten of those pesky one dollar throw away bets and, instead, made a Come bet. You shouldn't get the house any more of a shot at your money than you have to. To do so makes the fat cats fatter and does little for your bottom line.
Lol, I work with a guy who used to work surveillance at a casino, told me "At-least on cards" people who betted side bets and won were normally the only people to walk out of the casino with more money than they walked in with. This includes the six card side bet on 3 card poker, a couple of lucky 3 card wins on black jack "Even though card counters won consistently" People will call them sucker bets, but the real sucker is the guy that still loses 200-500$ at a table, lets say a three card poker table, and never bet the pair plus or six card and watched a royal flush come out. Instantly would had been able to walk away a winner that night, and I hate how even if the side bet is only 2.78% in favor of the house he calls it the "Sucker bet" just because the regular game is only 2.3% in the casino's favor. People lose on boring bets like pass line on craps because they end up going bored of betting 10, 15$ on pass line and breaking even every single time the dice are rolled, people don't go to the casino to make a 45$ profit after 8hrs of gambling. People end up looking for a rush, and instead of throwing even 1 to 2 dollars on a side bet, or I guess the "Middle of a craps table" they end up losing all their money buy doubling or tripling the pass line bet when they get bored.
He (your co-worker) must be a whiz with that joystick if he can see someone win a side bet and follow them all through their gambling session, to the cashier, to determine that they are the only ones who walk out ahead. He could have GONE PLACES if he's only held onto that surveillance job!! The bottom line is this: if you are bucking a house percentage then it only makes sense that the lower that house percentage, the more likely that you will encounter a winning streak, rare though they are. You can try it yourself at no cost if you have a deck of cards. Simply count out a hundred pennies and wager on two different games, one having a lower house edge than the other - take your pick. Make all the side bets you want on the high-percentage game, and play conservatively (and honestly) on the lower percentage game and see what your starting stacks look like after a dozen run-throughs. If you use a computer simulation to achieve this, you will get similar results, but without acquiring the 'feel' for the game that you would get by playing it 'live'. Some people just have to learn lessons the hard way. Fine, so long as you can afford it, lol.
I always end up winning if I play side bets, you have to walk away at the right time from the table though, because as you stated the odds are not in your favor. think about it though who can sit there and pay the pass line bet for hours and hours and hours knowing the outcome MIGHT be a little more money than when you started. He noticed that people tended to lose all their money if they never played side bets on games like three card poker. That 1to1 is the "best odds" but if you have ever played three card you know some how a majority of the time the dealer doesn't open, or the dealer seams to always have at-least a pair, the 6 card side bet on that game is actually very good on most days.
6:55 The best general advice on selecting a casino for your play of the entire video series here. Thanks!
These videos are very informative, thank you Michael!!
@Michael Shackleford: You mentioned in the video at 14:30 the "Fire Bet" commonly pays 1000 for 1 "if" all 6 point numbers are rolled before a 7 out. But then the "Make em all bet" which you have to hit every number (before you 7 out). But that bet only pays (on that layout) 176 for 1. Because you have to cover 10 numbers (before a 7 out) on the "Make em all bet", shouldn't that be the bet that pays 1000 for 1? As opposed to just the "Fire Bet" where you only have to cover 6 points (before a 7 out) which pays the 176 for 1. The "Make em all" is the tougher of the two bets to win.. That was my mindset for the odds. Thanks!
the fire bet is WIN not roll all six points, the make em all is just roll all the numbers
Played at the Hard Rock Vegas. July 2017, they still only have 15 to 1 odds on 3 or 11. and 30 to 1 on 2 and 12. Betting on 7 at the hard rock, pays 4 to 1, and the any craps only pays 7 to 1. I would like to thank the dealers thought at the HR for alerting me to the fact that its a suckers bet. And thanks to Mr. Shackleford for explaining. The All Small and Tall are fun (HR again reduced the payout by 1 on each), however its kinda fun and I won the all small after like 16 rolls.
House edge and odds are different concepts but they are tied together a bit. What is really important is that you win! That part of the analysis is where things get dicey. One throw of the dice is a risk most people can evaluate ahead of time but you must remember that when a series of rolls must contain the path to success then all possible outcomes must be considered. Many rolls will not pay. Some end the game in a loss. So the question is left, when to bet. A pretty good tip off is the way the house pays and how the table is laid out. 36 possibilities for every roll. Six and eight pay lower but winning a little is better than a small chance to win a lot. Unless it's just the thrill of competition. Then you win every time. I was in a race one time and was fairly certain I could not win but it was a long race and I was pretty sure I could not win but was fairly sure I could hold the lead for a while. It happened to be a fifty mile bicycle roadrace. Had it been a different type of race I might have had a better chance. I didn't just lead the race for about five miles, I scortched those pro riders. My top speed was 62 mph on my generic Fuji s-12s. They all had 2000 dollar custom Italian road bikes. As I left the pack one of them said, "Damn! If he keeps this up, he'll kill us all. " After that they disappeared far behind me for a while. I was b!own out after 5 miles of that. My dad showed up and the road wasn't shutdown he said he had to do 65 to pass me. I had slipped in behind trucks many times before and stayed with them for about the same distance and I was going flat out. The guys I rode with, none of them could do that. Once those ridiculously slow police cars tried to catch me. They caught a friend of mine because, well technically he stopped. They chased me off and on for five hours that night. My friend met me at the door when I got home. He said he was cheering me on in the back of the patrol car. He got a lawyer and the evade and elude charge was dropped against him because he stopped in about 100 yards. Still they impounded his bike and put their knee on his neck while they cuffed him up and took him a few blocks over to book him. There is of course a little back ground info.
We were taking part in a freedom of navigation excercise. The city had decided to shut down main street at night during week ends. That night about 131 people were booked for driving down main street. There were a pair of patrol cars at every intersection downtown. The first couple passes on our bikes the cops just waved. I was relieved. My friend was serious about the freedom of navation concept. Then this lady reserve officer tries to knock my friend down as he goes by after she said stop. This fired me up. She was going to try for me but I went from loaf to cheetah in a few seconds. I had my head down and went by at 45 mph. A few weeks after that the cops rolled their helicopter into the river after landing it on the bank while joy riding in it. Then they got bicycles. As you might guess, when I am lucky, the casino takes a hit. Best day was when I walked in with 28 cents and walked out with $600. There will always be a winner that will buy drinks when they hit a score. Ask them for a couple chips instead. Then bet like the devil is after you.
my first thought is to skip part three because you say the horn bet is a sucker bet. I don't think I will be playing sucker bets but will watch... thank you...
randomly started watching this and didn't realize it was so new and that parts 4 and 5 arent up yet! dammit!
Same here. I was looking all over. I'm like wtf. Why can't I find part 4. Then I realized this video was only two weeks old. Lol
It would have been nice if you demonstrated playing these bets. To give people an understanding of how to place them and the terminology used at the table.
The entire point of this video is DO NOT PLAY THEM! Ever. Watch Part 1 for perfect play.
@@Timbretwo I think Michael is wrong about that. Hardway bets are not a one roll bet. On average there are about 100 rolls p/hr. If you played a Hardway 6 & 8 bet everytime for $1 it will be settled around 30 times p/hr. Therefore the cost to you per hour is $1 x 0.0909 × 30 = $2.72 p/h. So you can expect to lose $2.72 p/h. This is actually not that bad compared to other bets in the casino
Is the "Hard Bets or ways" loses when the hard numbers comes up only when the number comes up (easy way) and only when those numbers (hard or easy) comes up and that complete that bet or is it a 1 roll deal??
I've got a hard 8 for miss blue dress
Are place bets before or after the point?
ANY time!
It's Video 3 now. The rest of them finally gave the couple some privacy
Hey Wizard - this table is ___ for 1, while most tables I've seen has it expressed as ___ to 1.
So - most tables I've seen pay 15 to 1 or 30 to 1, which is exactly the same as 16 for 1 / 31 for 1. Might want to cover that on your next update :)
thank you! this makes a sense now. In the video, he mentioned the hard 4 and hard 10 bets are paid 7 to 1, but it's printed on the table as 8 for 1.. really confused me because in an earlier sentence he said the true odd are 8 to 1.
Mike, I know the Fire bet is sucker BUT....
Saw a shooter makes 4 of the 6 numbers. Fire bet pays 25 to 1, 250 to 1 and 1000 to 1. He has $5 bet.
He already has a $125 win. Next number he rolls is a 5. So he lays the 5 for a $180. Thinking that if he sevens out he will make $120 plus his $125. If he makes the 5 for his 5th number he then will make $1250 (-$180).
Sounds like a win win. And he did 7 out but could have done the same for the 6th number. What do you think of his strategy? Thank you.
I'm only watching for the sexual tension in the series.
😂 I’m glad I’m not the only one
Good instructor !
Who the hell can concentrate on anything this guy is saying with that Amy Adams clone strutting her stuff!
anyone else notice that sucker bets are always in prominent positions and in large fonts but the best bet (free odds) is only a small board under the dealer
Is she a tv personality?
Yes. "She's got man-hands! (Cracks lobster tail with bare hands.) Jerry Seinfeld.
SW627 No, just making fun of her big hands
Tim Burr I have teeny hands! We’ll have to make sure to show that in the next series of videos!
Hey mike can u name some generous casinos with odds?
I can. 20Xodds at the main Street in downtown Las Vegas.
The entire point of this video is DO NOT PLAY THESE BETS! Ever. Watch Part 1 for perfect play.
When you say a bet is is "16 for 1 or 31 for 1" is that the same thing as 15 to 1 or 30 to 1?"
That it is. "For 1" is return + profit. "To 1" is winning profit only.
Shouldn't he be looking at the audience instead her?
And shouldn't they get a room already?
I tried the sucker bet once it came out winning but it's very hard to win on it
The odds are probably better than playing slots
hola
my boyfriend makes these "sucker" bets. 😂
Didn't know Isla Fisher worked in Vegas now. She's gorgeous and is a DOPPLEGANGER for Isla.
I had 100 on the hard 6 the other night....hit 9:1. Someone give me the paint.
Wow, that took some guts, congrats.
Polar Bear luck. It was the winning from another bet so I said eh give it a shot.
@@JB-by1zl Yes indeed, nothing like eating a good steak dinner on house money. I'm going to Vegas in May, I'll have to take a long shot or two just to make it interesting.
Where's the stick man !!!!????
Mike showed his teeth the most in this video
He bought a craps table for his house just so he could have her over.
Rack , Hard , Come Video !
Point of Note: the Hard ways can be bet for only $1.00 on most tables.
He also goes by the wizard of chloroform!
you must put a C on your forhead for Chickenshit if you dont play those middle bets
Don't make that Fire Bet once, and have it come up, and suddenly a $1.00 bet looks completely different.
Especially if you are the shooter.
STOP saying sucker bets. Sometime you just want to have fun and take a chance.
That's why they call it GAMBLING...Jeeeeez Louise.
She makes faces as if she knows what these odds actually mean.
Well She's a professional dealer so there is that!
😋
You keep on saying sucker bet in this very high-handed judgemental tone and it's making you sound like a jerk. No one is going to get rich playing craps and most of us aren't trying to grind out rent money at the table. So, since this tool wont tell you what the center of the table is really for, I will :) It's about having FUN, making noise and getting your heart thumping. Obviously these bets should be used sparingly but when you toss out a buck on a 3-3 hopping and it hits, on 30 to 1 odds, what a freggin' RUSH. That is why and how craps tables always get so loud and why it is so fun to play. There is much worse ways to "waste" a buck, so please go ahead and indulge once and a while. When you happen to hit (which is more often than this goof will admit) and you feel your blood run cold, your jaw drops in amazement, everyone claps for you, and best of all your dollar is now thirty.... BAM that's what it's all about!! If you cant have fun at the craps table and get a little crazy with a dollar chip then you don't belong there!! May I suggest you go sit quietly in the blackjack pit with all the other craggy chain smoking card counters....
Admittedly, yes it can be fun to throw a dollar chip on a "sucker bet" every once in awhile, and it is great of you win. But the problem I see with it, is there are about 40 different bets you can make in craps, and only the sucker bets in the middle of a table have such a terrible house advantage. Ignoring them, you still have about 30 bets you can make. There is plenty of excitement to be had on those 30 bets, and you can get your adrenaline hit all the same. Ever have a shooter that is just on fire, hitting naturals and making their points, never losing for 10+ rolls? It can get insane, and the house doesn't have nowhere near the advantage that these sucker bets make.
That said, sucker bets make for a great way to tip the staff. Throw a few bucks on hard 8 for the dealer, and your set. Win or lose, you get happy staff who become more friendly. And you get them excited on the action.
Polspect is correct - make hardways bets, yo's, horn high 12s ONLY for the dealers, at the end of your session. The way you suggest, you could have taken 5 or ten of those pesky one dollar throw away bets and, instead, made a Come bet. You shouldn't get the house any more of a shot at your money than you have to. To do so makes the fat cats fatter and does little for your bottom line.
Lol, I work with a guy who used to work surveillance at a casino, told me "At-least on cards" people who betted side bets and won were normally the only people to walk out of the casino with more money than they walked in with. This includes the six card side bet on 3 card poker, a couple of lucky 3 card wins on black jack "Even though card counters won consistently"
People will call them sucker bets, but the real sucker is the guy that still loses 200-500$ at a table, lets say a three card poker table, and never bet the pair plus or six card and watched a royal flush come out. Instantly would had been able to walk away a winner that night, and I hate how even if the side bet is only 2.78% in favor of the house he calls it the "Sucker bet" just because the regular game is only 2.3% in the casino's favor.
People lose on boring bets like pass line on craps because they end up going bored of betting 10, 15$ on pass line and breaking even every single time the dice are rolled, people don't go to the casino to make a 45$ profit after 8hrs of gambling. People end up looking for a rush, and instead of throwing even 1 to 2 dollars on a side bet, or I guess the "Middle of a craps table" they end up losing all their money buy doubling or tripling the pass line bet when they get bored.
He (your co-worker) must be a whiz with that joystick if he can see someone win a side bet and follow them all through their gambling session, to the cashier, to determine that they are the only ones who walk out ahead. He could have GONE PLACES if he's only held onto that surveillance job!! The bottom line is this: if you are bucking a house percentage then it only makes sense that the lower that house percentage, the more likely that you will encounter a winning streak, rare though they are. You can try it yourself at no cost if you have a deck of cards. Simply count out a hundred pennies and wager on two different games, one having a lower house edge than the other - take your pick. Make all the side bets you want on the high-percentage game, and play conservatively (and honestly) on the lower percentage game and see what your starting stacks look like after a dozen run-throughs. If you use a computer simulation to achieve this, you will get similar results, but without acquiring the 'feel' for the game that you would get by playing it 'live'. Some people just have to learn lessons the hard way. Fine, so long as you can afford it, lol.
I always end up winning if I play side bets, you have to walk away at the right time from the table though, because as you stated the odds are not in your favor. think about it though who can sit there and pay the pass line bet for hours and hours and hours knowing the outcome MIGHT be a little more money than when you started. He noticed that people tended to lose all their money if they never played side bets on games like three card poker. That 1to1 is the "best odds" but if you have ever played three card you know some how a majority of the time the dealer doesn't open, or the dealer seams to always have at-least a pair, the 6 card side bet on that game is actually very good on most days.
I came here to learn, no need to keep repeating the phrase "sucker bets".... Really annoying
The entire point of this video is DO NOT PLAY THEM! Ever. Watch Part 1 for perfect play.
These videos are very informative, thank you Michael!!