House Money

Discussion in 'Bankroll Management' started by Mssthis1, Feb 15, 2019.

  1. Mssthis1, Feb 15, 2019

    Mssthis1

    Mssthis1 Member

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    I have this house money that I need to use one of these days. They're only good for even money bets and they are pay and take so they are only worth a little less than half of face value.

    How would you play them? It doesn't have to be craps.



    phone 001.jpg
     
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  2. Bases loaded, Feb 15, 2019

    Bases loaded

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    red
     
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  3. KokomoJoe4, Feb 15, 2019

    KokomoJoe4

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    DP with unlimited parlays since you are playing with a gift.
     
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  4. The Midnight Skulker, Feb 15, 2019

    The Midnight Skulker

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    Can you make a flat Pass/Come bet with them, then take odds with your own money? That would be a way to nullify the HA completely.
     
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  5. Mssthis1, Feb 15, 2019

    Mssthis1

    Mssthis1 Member

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    Yes you can. Good idea.
     
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  6. DeMango, Feb 15, 2019

    DeMango

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    Please tell us how to make a pass line bet or a come bet with no house advantage?

    Obviously, to me anyway, if you have an advantage on their craps table, the pass line would be the way to go.
     
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  7. The Midnight Skulker, Feb 15, 2019

    The Midnight Skulker

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    Mssthis1 has some promo chips, chips he has been given gratis that he can use to make any even money bet. Hence, using said promo chips, which cost him nothing, to make a Pass/Come/Don't Pass/Don't Come bet risks none of his actual money. Zero HA. He cannot use said promo chips to take/lay odds, but he can apparently use his actual money to take/lay odds, which also carries a zero HA. 0 + 0 = 0. QED
     
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  8. DeMango, Feb 15, 2019

    DeMango

    DeMango Member

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    Gotcha
     
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  9. Liman

    Liman Member

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    pass line, 100 at a time, once you convert some of it, hopefully all of it, take the money and go home. casinos is offering you a free day of gambling, and making it impossible for you to lose money.
     
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  10. Liman

    Liman Member

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    actually, wait till di shooters are shooting, then stick your hands in the way of the dice when he shoots on comeout, so he will get poor results and hit a 7.
     
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  11. lone irish digit, Feb 15, 2019

    lone irish digit

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    This is Barney

    I would give them to some hot casino chick and get a most happy ending
     
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  12. The Midnight Skulker, Feb 15, 2019

    The Midnight Skulker

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    Just happened to remember a similar discussion we had in The Before Time. Alan Mendelson (aka "MoneyLA" and "alan" on rec.gambling.craps) twice posted asking for advice on how best to play a $500 promo chip that was retained on a win. WinCraps author Steen Gramer came up with the following play in one of the threads to guarantee a profit:
    I wrote:


    >Well, do you want to gamble or play it safe? Here's one option if you want
    >to convert them into guaranteed cash:
    >
    >Put your $500 promo chip on the Passline
    >Put $250 of your own money on Don't Pass
    >Put $10 of your own money on the Twelve
    >
    >Possible outcomes:
    > Passline wins -- you win $240
    > Don't Pass wins -- you win $240
    > Twelve rolls on come-out -- you win $300
    >
    >This assumes that the promo is confiscated on a win, loss, or push. If you're
    >lucky and they don't take it on a push, then switch the promo chip to the
    >Don't Pass. Now:
    >
    >Possible outcomes:
    > Don't Pass wins -- you win $240
    > Passline wins -- you win $240
    > Twelve rolls on come-out -- you win $50 and can repeat same bets
    On second thought, if you're going to use line bets it's probably better to use
    the combination with the promo chip on the Passline. Your chances of rolling
    one twelve and winning $300 far outweigh your chances of rolling multiple
    twelves at $60 a pop.

    Regards,
    Steen

    WinCraps
    http://www.cloudcitysoftware.com
    This approach could obviously be tailored to any conditions, but remember Alan's promo chip was retained until it lost whereas Mssthis1's is a one and done, win, lose, or draw as I read his description.


    That play entails a different kind of risk unless you know for sure what you are getting into.
     
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  13. yacraps, Feb 15, 2019

    yacraps

    yacraps Member

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    [email protected]#$king LID..LOL
     
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  14. yacraps, Feb 15, 2019

    yacraps

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    I loved JB"s answer...man I miss him
     
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