Craps betting jargon
Craps Glossary of Terms. Every game has its own jargon and gambling is no exception. Naturally, Craps has its own list of terms as well and when a game is as popular. a glossary of craps terms 2-Way Eleven Player betting one roll wager on 11 for himself AND the Craps Dictionary; Dealer jargon to put loose gaming cheques. This page is a dictionary and glossary of terms for craps bets, jargon and slang words used in craps games.
Come Box - This is a physical area on the craps table where players put their chips on the "come bet" Come Bet - Another wager that is almost like the pass line bet. Off - A type of marker that is placed on the bets that do have any risk of what happens on each next roll of the dice. Covered Dealer and player working in concert to make sure that multiplebets are properly positioned. The player automatically losses if a craps is rolled 2, 3, or 12 and wins if a 7 or 11 is rolled. Betting Right — Pass Line and Come bets. It involves betting against the run of play. Marker Puck — This is the plastic disk dealers use to mark the point on the table.
Money given by the casino to a broke player for transportation. Buffalo A bet on each of the Hardways and Any Seven. Buffalo-Yo Same as above, but with Hardways and Eleven.
Bump When a dealer gets an extra minute break because the table or pitis overstaffed in comparison to the gaming activity. The buy bets on 4 and 10 allow the player to reduce the house edgefrom 6.
Some casinos collect the commission only on winningbets, while others collect it at the time the bet is made. Cheques Another term for gaming chips. Cocked Dice A die or dice that end up leaning on the wall, gaming chequesor money, instead of lying flat on the table felt. The stickman decides how thedice are counted based on the natural lean of the dice as if the intruding objectwere taken away.
Cold Table When shooters are not making their Points. Color In House perspective of cashing out smaller valued chips for largerdenominations when a player is leaving the craps table.
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Craps terms, meaning of words: Terminology, Jargon, Slang, Vocabulary. A Aces - Betting that the next roll will be the total sum of 2. Any Craps - A bet that the next roll will be 2, 3, or Any Seven - A bet that the next roll will be 7. Arm - A term used in the game of craps to denote a player who is so skilled at throwing the dice that they are able to alter the conventional odds of the game.
Such a player is said to be 'an arm'. Whether or not such individuals actually exist or are simply the product of game legend is debatable. However, it is worth noting that the casino craps dealers are very adamant about the dice being thrown against the far wall of the table to ensure a completely random outcome.
In Bank Craps players may bet only against the house. Big Eight - A bet that an 8 will be rolled before a 7 comes up. Big Six - A bet that a 6 will be rolled before a 7 comes up. Big Red - Placing a bet on Any Seven. Boxcars - Betting on the 12 Two 6s rolled in a craps game are called 'Boxcars'. Boxcars are the last cars on a train. Boxman - Casino employee who sits between the two dealers at the Craps table and is responsible for the chips the casino keeps at the table. Buffalo - Placing a bet on each of the Hardway and Any Seven.
Buy and lay bets are made the same way as a place bet, but at corrected odds. C C and E Bet - A one roll bet that the next roll of the dice will be any craps 2,3, or 12 or Capped Dice - non standard, crooked dice. Cold Table - for the moment shooters aren't winning at this table.
A table in which very few shooters are making The Point. D Don't Come - Making a bet against the dice a 7 will appear before the point is rolled again after the come out roll. Don't Pass Bar - Just above the pass line is a thinner band of felt where you place your don't pass bets essentially the opposite of a pass line bet.
Summary Tables for House Advantage Introduction At its core the business of casino gaming is pretty simple. Casinos make money on their games because of the mathematics behind the games. It is all mathematics. That is what Mario Puzo was referring to in his famous novel Fools Die when his fictional casino boss character, Gronevelt, commented: We built all these hotels on percentages. We stay rich on the percentage. You can lose faith in everything, religion and God, women and love, good and evil, war and peace.
But the percentage will always stand fast. Without the "edge," casinos would not exist. With this edge, and because of a famous mathematical result called the law of large numbers, a casino is guaranteed to win in the long run. Back to Top Why is Mathematics Important? Critics of the gaming industry have long accused it of creating the name "gaming" and using this as more politically correct than calling itself the "gambling industry.
Instead, they rely on mathematical principles to assure that their establishment generates positive gross gaming revenues. The operator, however, must assure the gaming revenues are sufficient to cover deductions like bad debts, expenses, employees, taxes and interest. Despite the obvious, many casino professionals limit their advancements by failing to understand the basic mathematics of the games and their relationships to casino profitability.
One casino owner would often test his pit bosses by asking how a casino could make money on blackjack if the outcome is determined simply by whether the player or the dealer came closest to The answer, typically, was because the casino maintained "a house advantage.
Given that products offered by casinos are games, managers must understand why the games provide the expected revenues. In the gaming industry, nothing plays a more important role than mathematics. Mathematics should also overcome the dangers of superstitions. An owner of a major Las Vegas strip casino once experienced a streak of losing substantial amounts of money to a few "high rollers. His solution was simple.