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Craps Betting in Set Denominations
A good online craps strategy will advise bettors to
gamble in certain denominations in order to be paid
out to the fullest and reduce the Casinos Advantage
even more. If you can manage to do so with
your bankroll, it is advisable that you stick to the
most conducive denominations. Otherwise,
things can get kind of tricky.
For instance, in craps, some online casinos will
use the term Full Double Odds, which essentially
means that a bettor can have 2.5x odds on points of
six or eight, and 2x odds on any remaining points to
be had. The reason this is done is to roundly
pay off 6 to 5 odds for a point of six or eight,
when the bet is not done in multiples of five.
For example, a bet of $12 would have double odds
worth $24, which cannot be paid in a round figure
for points of six or eight. Instead of getting
paid the true payoff of $28.80, the online casino
will only pay out $28 in order to keep from dealing
in small change. In order to correct this, a
bet of $15 ($30 Double Odds) would return the
maximum profit of $36.
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