Chances Of Winning At Craps

justin5689
What is the probability of winning 3 or more pass line bets in a row before losing your pass line bet from either a 2,3, or 12 on the come out roll or with a 7 after the point has been established?
The 3 pass line wins can be any combination of:
Come out win, Come out win, Come out win
Come out win, Come out win, Point win
Come out win, Point win, Come out win
Come out win, Point win, Point win
Point win, Come out win, Come out win
Point win, Come out win, Point win
Point win, Point win, Come out win
Point win, Point win, Point win
rudeboyoi

The probability of winning an even money bet in craps is always slightly less than 50%. In this case, the probability of winning the pass line bet is 49.3%, which is close to 50%, but it still gives the casino an edge. The casino will win this bet 50.7% of the time. In the long run, you can’t win with those odds. “When someone is winning a lot of money, they’re always going to get checked by us,” Derk says. “They’re not going to know it, of course. Say a guy wins $100,000 on a blackjack game. If you want to be sure to get the best chances to win at craps, you need to pick the Pass / Don’t Pass or the Come / Don’t Come bets. Picking any of the four bets indicated above reduces the house advantage to 1.40%.

oops did math for exactly 3.
i believe its about:
1-((.507)^3+3((.493)(.507^2))+3((.493^2)(.507)))
mustangsally
pass line win probability = 244/495
(244/495)^3 = 0.119771609 exactly 3
you want 3 or more
formula for the sum of a geometric series is a/1-r
where a is the first term
r = the ratio
a = (244/495)^3
r = 244/495
so (244/495)^3 / (1-(244/495) = 0.236202973
But now you want this to end. Multiply the above result by 1-(244/495)
0.119771609
((244/495)^3 / (1-(244/495)) * (1-(244/495))
added my table
at least in a row then loseProb1 in
20.2429792884.1
30.1197716098.3
40.05903893416.9
50.0291020234.4
60.01434523869.7
70.007071188141.4
80.003485596286.9
90.001718152582.0
100.0008469281,180.7
110.0004174752,395.4
120.0002057864,859.4
130.0001014389,858.3
145.00017E-0519,999.3
152.46473E-0540,572.4
161.21494E-0582,308.7
175.98878E-06166,978.8
182.95205E-06338,748.0
191.45515E-06687,214.1
207.17286E-071,394,143.4
What are my chances of winning at craps
Doc

pass line win probability = 244/495
(244/495)^3 = 0.119771609 exactly 3


Mustangsally: Maybe I'm missing something, but I get different results from what you show. Suppose (for simplicity) that it was a coin flip with p=0.5 instead of 244/495. To get at least one win in a row would be P=0.5. To get at least two in a row is P=0.5^2, etc. To get the answer for exactly n in a row, you need to multiply the 'at least' by the probability of losing on the n+1 try.
For the pass line problem, I think the 0.119771609 figure is for 3 or more, not for exactly 3.
Isn't that correct, or what did I miss?
7craps


For the pass line problem, I think the 0.119771609 figure is for 3 or more, not for exactly 3.
Isn't that correct, or what did I miss?

rudeboyoi and Sally both arrived at the same value.
CrapsSally did it differently by starting with 3 pass line wins in a row in 3 trials.
The OP asked a unique question.
Most ask the probability of winning 3 pass line bets in a row. And for 3 trials it is simply p^3
OP wanted to add the probability of 3 *or more* and *followed by a loss*.
Sally's math shows 3 in a row in 3 trials and the OPs Q arrives at the same value. It should.
IF the OP had asked what is the probability of winning 3 pass line bets in a row then losing, we would have p^3 * q or 0.06073
Let us see if OP is happy and replies.
added

Chances Of Winning Craps At Casino

average number of trials to see a run of 3 or more pass line wins: 16.466
4 or more: 33.404
5 or more: 67.765
6 or more: 137.475
Multiple streaks of pass line winners.
15 trials about 30 minutes of play at 100 rolls per hour
30 trials about 1 hour of play
Example: 30 pass line trials
about a 90% chance of at least 3 pass line wins in a row at least one time
about a 58% chance of at least 3 pass line wins in a row at least two times
about a 23% chance of at least 3 pass line wins in a row at least three times
Chances Of Winning At Crapshere is the losing streaks (miss) for the pass line per N trials
winsome johnny (not Win some johnny)
justin5689


added
average number of trials to see a run of 3 or more pass line wins: 16.466
4 or more: 33.404
5 or more: 67.765
6 or more: 137.475


You guys are great. Thanks for the detailed responses.
How did you calculate the average number of trials to see a run of 3, 4, 5, 6 or more pass line wins?
How do you define a trial? Would each shooter be a new trial? Or does a new trial begin after any losing pass line bet, in which case a single shooter could have multiple trials that end and start over with a losing pass line bet from throwing 2, 3, or 12 on a come out roll?
If a bettor were to power press the pass line bet with a $100 wager:
at least in a row then loseProb1 inBetWinLose
1 0.4929292932.0 $100.00 $100.00 $100.00
2 0.2429792884.1 $200.00 $300.00 $100.00
30.119771609 8.3 $400.00 $700.00 $100.00
40.059038934 16.9 $800.00 $1,500.00 $100.00
50.02910202 34.4 $1,600.00 $3,100.00 $100.00
60.01434523869.7 $3,200.00 $6,300.00 $100.00

Does this mean that on average you would be betting about $1600 to win $700 on a press of 3 pass line wins for a net loss of $900?

Best Odds Of Winning At Craps


$3,300 to win $1,500 on 4 pass line wins losing $1,800?

Odds Of Winning Craps At Casino


$6,700 to win $3,100 on 5 pass line wins losing $3,600?
$13,700 to win $6,300 on 6 pass line wins losing $7,400?

What Are Your Chances Of Winning At Craps


Odds Of Winning Craps Pass Line

What's the best way to interpret this expected value for power pressing a pass line bet?