1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Table Games Big Red - How much of a Sucker Bet is it?

Discussion in 'Table Games' started by Electroguy563, Aug 3, 2014.

Thread Status:
Not open for further replies.
  1. Electroguy563

    Electroguy563 Over-Fried Gambler

    Joined:
    Apr 26, 2011
    Messages:
    3,594
    Trips to Las Vegas:
    15
    16.67% Vig. Is this why it's such a sucker bet? There are few other bets that are worse than this. Keno comes to mind. I believe Keno is something like 30% HA.

    But anyway, getting back to the Big Red Bet, also known as the Any Seven. A one roll proposition. I can see if you bet it continuously, that vig will definitely eat you up. You deserve to be the King of the sucker bets if you do this.

    But what if you throw a nickel out every once in a while during the come-out? Maybe use the first 7 as a trigger to throw a nickel on Big Red. Not uncommon for the 7 to be rolled twice, thrice, or even 4 times during a come-out. I'm thinking of trying this, last trip there was a big trend of winner-7's during the come-outs.

    Forget betting Big Red after the point is set. Don't want to anger my fellow right-bettors. But I think it would be fun to bet it once in a while during the come-out.

    Anyone care to share your thoughts on this "Sucker Bet"?
     
    Going to Hawaii's 9th Island!!
    Going to Hawaii's 9th island!!
  2. elrohir44

    elrohir44 Low-Roller

    Joined:
    Sep 19, 2009
    Messages:
    120
    Trips to Las Vegas:
    5
    Every nickel you throw on the Any 7 is statistically equivalent to going to the cage, handing the cashier $.83, and walking away. This may not sound like much but it adds up over time, just like all other bets. It doesn't matter how often or how rarely you do it. Being paid 4:1 on a 5:1 proposition is a pretty terrible deal.

    All casino bets are sucker bets, but anything over 3-4% HA is pretty awful.
     
  3. RockyBalboa

    RockyBalboa VIP Whale

    Joined:
    Jan 24, 2010
    Messages:
    4,081
    Location:
    Houston by way of Philadelphia
    Trips to Las Vegas:
    12
    I will play it maybe once per session when I see a shooter who has been throwing a lot of 7s.

    I throw $10 out there. Once it hit and I let it ride and it hit again. That was nice.

    But my degen bet of choice on the dice table is the horn high yo on each come out.
     
  4. tringlomane

    tringlomane STP Addicted Beer Snob

    Joined:
    Jan 21, 2013
    Messages:
    9,907
    Location:
    Missouri
    Trips to Las Vegas:
    15
    any 7 is pretty awful given the hit frequency. They could offer 9 to 2 and still make money hand over fist.
     
  5. spicole

    spicole Low-Roller

    Joined:
    Oct 7, 2012
    Messages:
    557
    Location:
    Houston, TX
    Trips to Las Vegas:
    21
    A "first 7" has absolutely no bearing on subsequent tosses of the dice. It is still a sucker bet with the same bad odds.

    The other bettors will absolutely not care.
     
  6. TXactuarial

    TXactuarial Low-Roller

    Joined:
    Feb 6, 2014
    Messages:
    324
    Location:
    Iowa
    Trips to Las Vegas:
    6
    From a statistical standpoint - it's a poor bet regardless of when it is made.

    You could make the argument that it acts as a hedge. I.e. - you are one roll away from hitting your all tall & small bet. I can see tossing $5 on the board to hedge the variance in your payouts.
     
  7. Electroguy563

    Electroguy563 Over-Fried Gambler

    Joined:
    Apr 26, 2011
    Messages:
    3,594
    Trips to Las Vegas:
    15
     
    Going to Hawaii's 9th Island!!
    Going to Hawaii's 9th island!!
  8. makikiboy

    makikiboy VIP Whale

    Joined:
    Oct 5, 2007
    Messages:
    3,683
    Trips to Las Vegas:
    35
    Some people play big red when they have a lot of come bets out on the table, esp if the shooter just hit his point, they feel they are hedging their come bets (esp if they have a number of come bets on the table). I saw a player who exclusively played pass and come bets (and odds) only, no place bets. On the come out roll (after a point was hit) the guy would toss a red or green chip on big red to "protect" his other come bets. How did he do? I think it was a wash. But then it also might depend on superstition and the shooter, if it appears that the shooter was throwing a lot of sevens then maybe good to play the big red. I did it once, I threw the seven 4 times in a row on the come out roll. on the 3rd time I threw a red chip on big red and rolled it again. I doubled the bet to $10 (since I won the on the last seven) but didn't throw another seven.
     
  9. Bazzito52

    Bazzito52 Low-Roller

    Joined:
    Feb 21, 2008
    Messages:
    437
    Location:
    Lakeland, FL
    Trips to Las Vegas:
    60
    Rather than hedge his come bets with an Any Seven bet on the comeout, that player could simply have told the dealers on every fifth winning come bet to, "Don't pay me! THAT one's for the house!"

    That would make about as much sense - and also be a wash.
     
    NFL Divisional Playoffs!!
  10. nado

    nado Tourist

    Joined:
    Jan 28, 2013
    Messages:
    10
    Location:
    OK
    Trips to Las Vegas:
    158
    With the popularity of the “Bonus” or “Feature” bets (all small, all tall, all small and tall) there seems to be a lot more “hedging” against a seven on the come out roll. While I don’t promote Big Red I do see players increasing their Pass Line bet to protect their investment on the Bonus.
    If you insist on hedging against seven do it with a Three Way Seven not a Big Red. It will pay you slightly better.
     
  11. Bazzito52

    Bazzito52 Low-Roller

    Joined:
    Feb 21, 2008
    Messages:
    437
    Location:
    Lakeland, FL
    Trips to Las Vegas:
    60
    Good point.

    So the answer to "How big a sucker bet is it?" is: "It's so much of a sucker bet that a three way hop bet is better!"
     
    NFL Divisional Playoffs!!
  12. undathesea

    undathesea Grandissimo

    Joined:
    Feb 26, 2013
    Messages:
    1,664
    Location:
    Washington D.C.
    Trips to Las Vegas:
    20
    I never play it, but if I did, I would take a one hop bet on 3-4, 5-2, and 1-6. The house edge on those bets are 11.11%. Still lousy, but not as lousy with the same result.
     
  13. snoopydogj

    snoopydogj Low-Roller

    Joined:
    Dec 22, 2010
    Messages:
    120
    Location:
    indiana
    Trips to Las Vegas:
    40
    When I first started playing craps, some where I got the idea of asking for a big red on the come out roll after a point was made, to keep my come bets up. The amount always varied depending on how many come bets were up & the amount of odds. I'm guessing it was-is a stupid bet. Don't play that way any more.
     
  14. firstkill

    firstkill High-Roller

    Joined:
    Mar 22, 2013
    Messages:
    805
    Trips to Las Vegas:
    30
    I play big red on the come out when I "feel" like it. If it hits, I parlay it and collect if it hits 2x.

    As with craps, hop bets/big red/horn/ etc are just all for fun.

    fk
     
Thread Status:
Not open for further replies.