I’m hoping someone can help me out with a craps scenario i’ve been playing out in my head.
Let’s say you have a come bet on eight with full odds. The point is six. On the next roll, the roller hits the point (six).
Now, for the next roll (the come out roll), your odds on your come bet are by default “off,” right?
My question is, is it better for you as a player to have your odds off, or should you tell the dealer that you want them on? I would think that you would want them on, since the odds are what brings the house edge down.
I always leave my odds bets on. The way I view it, the benefit to a come bet is that is pays better odds than simply place-betting the number. The cost for this benefit is risking your money on the original come bet, which has a 1 in 9 chance of losing.
Once the bet has moved into the number, the cost has been paid. It seems silly to give up the benefit after you kept your end of the deal.
Like stocks, past performance of shooters is not indicative of future performance. That said, the probability of a 7 showing is the greatest, though, not much greater than a 6 (or 8), cf. 16.67% versus 13.89%. With your bet off, all that is at risk is the come bet, not the odds. However, if with the bet “on,” the odds are at risk. To maximize your return (which is what I think you’re getting at, and a harder question to answer), I suppose one would always leave the bets on and put on full odds (preferably 100x’s) to reduce the 1.41% house edge.