CasinoCityTimes.com

Gurus
News
Newsletter
Author Home Author Archives Author Books Send to a Friend Search Articles Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Recent Articles
Best of Jerry Stickman

Gaming Guru

author's picture
 

Is a Field Bet with the 12 Paying 3-to-1 a Good Bet?

4 December 2010

One of the more popular bets at a craps table is the field bet. It is a onetime bet that wins if a 2, 3, 4, 9, 10, 11, or 12 is thrown. That is the reason for its popularity -- it pays on all but four numbers. Never mind the fact that the numbers that lose are the most frequently appearing.

In most casinos the field bet pays double for the 2 or 12 and pays even money for the other numbers. The house edge on this bet is 5.56 percent, a terrible bet for the player. Only truly awful bets such as placing the 4 or 10 (6.67 percent house edge) and the horrendous bets in the center of the table that the stickman must place for the player (9.09 - 16.67 percent) and the obscene fire bet (25 percent) are worse than the standard field bet. For those who think these percentages are just numbers, consider this: for every $100 bet on the field the house will win $5.56. If betting the center table bets or the fire bet, for every $100 bet the player will lose $9.09 to $25!

A few casinos, however, pay triple for the 12. This minor change cuts the house edge in half to 2.78 percent. This reduced the house take on $100 bet to $2.78. The question is: Does this make the field bet a good bet?

Answer: yes and no.

Yes, it is a much better bet than the standard field bet. Your money will last twice as long. It is now a better bet than placing the 5 or 9 (4 percent).

No, because there are so many better bets available. Pass line and come bets have a house edge of 1.41 percent with no odds and .61 percent with double odds. Placing the 6 or 8 carries a house edge of 1.52 percent. Buying the 4 or 10 when the vig is taken on a win only has a house edge under two percent.

The field bet may win on 16 out of 36 possible dice combinations. The 6 or 8 each win on five out of 36 dice combinations and the 4 and 10 each win on three out of 36 dice combinations. Collecting wins is certainly fun, but is it worth paying double to the casino? I certainly don't think so.

Recent Articles
Best of Jerry Stickman
Jerry Stickman

Jerry "Stickman" is an expert in dice control at craps, blackjack, advantage slots and video poker. He is a regular contributor to top gaming magazines. The "Stickman" is also a certified instructor for Golden Touch Craps dice control classes and Golden Touch Blackjack's advantage classes. He also teaches a course in advantage-play slots and video poker. For more information visit www.goldentouchcraps.com or www.goldentouchblackjack.com or call 1-800-944-0406 for a free brochure. You can contact Jerry "Stickman" at stickmanGTC@aol.com.

Jerry Stickman Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com
Jerry Stickman
Jerry "Stickman" is an expert in dice control at craps, blackjack, advantage slots and video poker. He is a regular contributor to top gaming magazines. The "Stickman" is also a certified instructor for Golden Touch Craps dice control classes and Golden Touch Blackjack's advantage classes. He also teaches a course in advantage-play slots and video poker. For more information visit www.goldentouchcraps.com or www.goldentouchblackjack.com or call 1-800-944-0406 for a free brochure. You can contact Jerry "Stickman" at stickmanGTC@aol.com.

Jerry Stickman Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com