Vol. 4, No.10, October 2008, Tumbling Dice
New Bet on Craps
Frank Mugnolo of Casino Gaming added a new bet to the craps table
The basics of craps are pretty simple: roll a seven or 11 on the come out roll and you win; roll a two, three or 12 and you lose; and any other number becomes the point you must roll again before rolling another seven.
That second seven, or point-seven is killer. And, because of the number of ways there are to make a seven (six out of 36 possibilities, more than any other number), it comes out far too often after a point is established.
To help take the sting out of that, Frank Mugnolo, CEO of Casino Gaming LLC, has added a new bet to the table. The bet is called 7 Point 7, and it offers players two ways to collect on a rolled seven.
The wager can only be played on a come out roll. If that roll is a seven, the player is paid two-to-one. If a point is established and the subsequent roll is a seven, the player is paid three-to-one. If the subsequent roll is not a seven, or if the come out roll is a two, three, 11 or 12, the player loses.
“This is the first bet that’s a new bet that is better than all the prop bets on the table,” Mugnolo said. “We don’t change the game, we just gave it a new option.”
The bet carries a 5.55 percent house edge, which is considerably smaller than the prop bets on the table. Additionally, some players have found that along with betting the top line, the 7 Point 7 bet is a good way to protect a pass line bet.
“People are smart,” Mugnolo said. “Once they realize it’s a good option, they will take it.”
The wager is currently on three tables at the Orleans, although Mugnolo is talking to other casino operators throughout the country.
That second seven, or point-seven is killer. And, because of the number of ways there are to make a seven (six out of 36 possibilities, more than any other number), it comes out far too often after a point is established.
To help take the sting out of that, Frank Mugnolo, CEO of Casino Gaming LLC, has added a new bet to the table. The bet is called 7 Point 7, and it offers players two ways to collect on a rolled seven.
The wager can only be played on a come out roll. If that roll is a seven, the player is paid two-to-one. If a point is established and the subsequent roll is a seven, the player is paid three-to-one. If the subsequent roll is not a seven, or if the come out roll is a two, three, 11 or 12, the player loses.
“This is the first bet that’s a new bet that is better than all the prop bets on the table,” Mugnolo said. “We don’t change the game, we just gave it a new option.”
The bet carries a 5.55 percent house edge, which is considerably smaller than the prop bets on the table. Additionally, some players have found that along with betting the top line, the 7 Point 7 bet is a good way to protect a pass line bet.
“People are smart,” Mugnolo said. “Once they realize it’s a good option, they will take it.”
The wager is currently on three tables at the Orleans, although Mugnolo is talking to other casino operators throughout the country.
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