I had
just finished an hour block of instruction about
“craps”. The focus was on my initial statement at the
opening of class. “You cannot audit what you don’t
understand”. Therefore, one of the most important
aspects is understanding how a casino game is played,
what paper is generated by it and how you would
construct your audit procedures. I inquired if there
were any questions. A student in the back of the class
raised his hand. Mr. Perlowski what was the longest
“crap” hand you ever witnessed or was involved in? Since
there was ten minutes left before class let out, I
didn’t answer the question with a simple response but
incorporated the answer within one of the many
experiences I have had while living in Nevada. To
appreciate my answer to this student one has to have
enough knowledge about the game of “craps” to understand
the significance.
Currently, the game of craps is in trouble. Young people
today apparently do not care for the game and find it
too difficult to understand and learn. They would rather
play slots or video poker and 21 or blackjack. In
addition, the casino makes it difficult to learn the
game by establishing minimum bet requirements of $5.00
to $25.00 for initial and subsequent bets.
The
day of the 10 cent crap game has been gone for many
years. It was these low limit crap games, found
everywhere in town, that allowed players to learn the
game without losing significant amounts of money.
Today’s high minimum bet limits discourage a novice who
doesn’t care to lose a couple of hundred dollars just to
learn the game. There are no systems to learn. The
secret to winning in craps is to learn proper money
management and develop ice water in your veins to bet it
up when a “hand” shows. It quite easy to bet the minimum
but takes a tremendous amount of discipline to continue
to bet the table maximum as the dice begin to make
numbers.
Craps
is played with two dice and the object is to roll 7 or
11 (the total added together of both dice) on the
initial or come out roll to win. The shooter places the
wager on the line. If the “shooter” rolls 2, 3 or 12 the
shooter “craps out” keeps the dice, places a new wager
on the line, and rolls again. If the shooter rolls a 7
or 11, the shooter wins an equal amount of the wager
that is placed on the line as well as any other player
who has a wager on the line as well.
If a
number other than 7,11,2,3,12 is rolled, this number
becomes the shooters point. Let’s say the shooter rolls
a 4.
The
dealer will “mark” the number 4 on the top of the layout
with a plastic disc that usually has “on” printed upon
it. The object now becomes to roll a 4 BEFORE a 7. If
the shooter (or anyone else at the table) would like to
acquire another number the player places the wager on
the layout in the area marked “come”. This area actually
becomes the “new” line for all subsequent rolls. The
shooter rolls the dice and rolls a 5. The dealer moves
all the wagers on the “come” up to the number 5 at the
top of the layout. At this point there are two numbers
to roll, 4 and 5 BEFORE a 7 is rolled or “shows”.
If
the shooter now rolls a 7 the players who had 4 and 5 as
points lose. If any player had a wager in the “come”
area that player is paid even money. Everything now
starts over with a “new” shooter. The game of craps
allows a player to play the opposite or “don’t come”. In
other words, a player will place a wager on the “don’t”
line. Let’s say the shooter rolls a 6. The “don’t”
player now hopes the shooter rolls a 7 BEFORE the
shooter rolls that 6. At this point the don’t player has
a little bit better of it than the do player. If a 7 is
rolled before the 6 the don’t player is paid. The words
on the layout like DON’T COME indicate the spaces a
don’t player will place their wagers.
One
more thing, odds…………odds are the only “free” bet at a
crap table. In other words, the player whether a “do” or
“don’t” player should always “take” or “lay” the odds
respectively. The player pays the house percentage or
vigorish by making the initial “line” play as well as
any additional come bets. Therefore, it is always wise
to take advantage of the odds. In the old days most
places offered double odds. Today, you can find casinos
that will allow as much as 20 times odds. It just means
a player can put more money in action.
Odds
are always calculated in terms of the number 7. If you
look at a pair of dice there are six ways to make the
number 7. 6-1, 1-6, 5-2, 2-5, 4-3, 3-4. Now let’s look
at the number 4. How many ways are there to make a 4?
Well let’s see, 1-3, 3-1, 2-2 or 3 ways to make a 4.
Therefore, the odds to make a 4 are 6/3 or 2 to 1. In
other words, the casino will pay you the correct odds of
2 for 1 for a 4. If you have a $5.00 wager on the line
and place a $5.00 wager behind the line, before a 7 or a
4 shows, and the 4 shows before the 7. You will be paid
even money on the line or $5.00 and $10.00 (2 for 1) for
your $5.00 wager behind the line.
Now
without me calculating the correct odds for all the
remaining numbers let me just say that the odds for 4 or
10 are 2 to 1, 6 or 8 are 6 to 5, and 5 or 9 are 3 to 2.
Obviously, if you are a “don’t” player you would have to
“lay” the odds or reverse the action of a do player. For
example, if you have $5.00 on the line and a 4 becomes
the point, you as a don’t player would have to “lay”
$10.00 to win $5.00.
Now on with the story!
The
year was late 1977 or early 1978. I had just purchased a
brand new 1977 CJ-5 yellow jeep from Jim Marsh
Automotive. At that time Jim was located somewhere down
near Eastern Ave. As was the habit of the time, every
Thursday evening, after dinner, I would drive the CJ,
with the canvas top down to the Flaming Capri to pick up
the weeks supply of cigarettes for my wife and me.
This
particular evening was nice. I remember the temperature
was in the 80’s. I took Rainbow to Flamingo made a left
and drove on Flamingo until I hit the strip. Made a left
on Las Vegas Boulevard and pulled right in front of the
Flamingo Capri and parked at one of the metered parking
places. The Imperial Palace was being built but I did
not pay it much attention. I noticed old man Billy Capri
was not out front as he usually would be “hawking” the
benefits of his fine establishment. All I could hear was
the “roar” of the crap players inside. The doors were
open. I went up the slight ramp until I was on the
casino floor near the crap table.
I
noticed Billy was in the small pit area standing,
starring at the crap table. If I tell you that every
number on the crap table layout was covered in chips I
wouldn’t be doing the picture any justice. I noticed two
players that appeared to understand the game and know
how to play it. Each one of them had rows of black chips
in front of them as well as every number covered with
black chips (the table limit was $100.00 plus full
double odds) The chips that are normally in front of the
box man (the person who sits in back of the table bank
chips with a dealer on both sides) were mostly gone. You
could tell where they were by the dust rings that were
left as they were moved out to pay winning wagers.
The
two lone security guards were at the cage picking up a
fill for the crap table. I asked one of them how long
the young lady was shooting. Without looking at me, he
said over an hour. The table had seven players. It now
had eight. I took out two hundred dollar bills and asked
for “two hundred in red”. The security guards had
brought the fill and the dealer pushed me the two stacks
of red and the box man dropped my money in the drop box.
I also said “odds always work”. The house normally takes
the odds off on all come out rolls. Billy smiled at me
and said you got a contract.
For
the next 45 minutes the young lady made number after
number. The two players with the racks of black chips
lost their nerve and started to bet less and less.
Finally, they both quit without the table making a 7
out. The time between throws became longer and longer.
The box man insisted upon examining the dice after each
throw. The stick man would bring the dice to the center
of the crap table and show almost all the combinations
of possible sevens. I turned to Billy and asked why he
was allowing this. He pretended not to hear me. The game
was now at a “crawl”. I didn’t care…………….just make more
numbers.
I was
now off and on for every roll. In other words, I had a
$100.00 chip in the come area and would automatically be
paid without disturbing my maximize come bets at the top
of the layout. The dice had flown off the table a few
times; were changed by the box man………….but continued to
make numbers.
Billy
was nervous…………so was I. Seven out, line away said the
stick man. My heart sank. Billy smiled. I was up
approximately $11,000. I had won my buy in to the World
Series of Poker as well as a minor event. I shouldn’t
complain. I asked Billy if he would give me a check. No
problem, let’s go to the cage he said. I thought you
might own the place Billy joked. I cautiously reminded
him I came into the hand after it was already going for
an hour. He shook his head………I’m going to take this damn
table out one of these days.
The
girl shooter…………she won $85.00, a dollar at a time. You
got to love the game of craps!