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Craps Strategy Video Information:
The Wizard explains and analyzes the Three Point Dolly betting system in craps.
Links:
Three Point Dolly analysis: https://wizardofodds.com/gambling/three-point-dolly/
Craps demo game: https://wizardofodds.com/play/craps/v2/
Three Point Molly video: https://youtu.be/zu5weUrOwFo
Source: YouTube
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Mike, a casino I frequent rounds down the vig on lay bets and it is paid on wins only, what is the house edge? For example a casino will round down the vig on a lay bet of $78 on 4/10 to $1.
Is the standard deviation a reflection of the volatility of a betting system? i.e. Would this system with 2x odds instead show a lower volatility (but also higher loss rate)?