- While in a way I was disappointed that my theory didn’t hold up (wouldn’t that have been a great advantage over the casino?), I did note that Sal does have terrible luck. The one time he threw the dice, he seven-outs immediately after establishing a point. Note to self: always bet the wrong way whenever Sal throws the dice.
- There was one player who consistently played the Don’t Pass line, and he lost at least a couple hundred bucks. One more example of why it is always best to follow the trend.
- Why did I win 3x as much as Sal even though we were playing the same table? Sal kept his bets the same while I bet more aggressively when there was a hot roller. On our table there was one lady in particular who had an incredibly long roll. When the dice made it back around to her I bet more aggressively. I pushed my bets. At one point she rolled 4 sixes in a row after I had already pushed my Place 6 bet to $36, so it was a nice payoff. I also increased my odds bet when the point was 6 or 8. The table had 100x odds, so I had the flexibility to maximize my bets even more if I chose. I did note that some tables only had 10x odds and $100 maximum bets, a critical limitation when there is a hot roller.
- There is an old axiom in options trading: Bears make money and Bulls make money, but pigs get slaughtered. Mindful of the row of chips I had accumulated, I colored up after the last proven shooter 7-outs. Several new shooters had joined the table and I didn’t want to gamble (pun intended) on an unknown quantity, so I stopped while I was ahead.
Poorman’s Law #1: You can make money in craps if the table is hot or if the table is cold, but if it is choppy, take your money and run.
Poorman’s Law #2: Just as a tree doesn’t grow to the stars, even a hot roller will eventually seven-out.
This was a good warm-up for my trip to Vegas on June 27th.