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Q: craps ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: craps
Category: Sports and Recreation > Games
Asked by: jay1942-ga
List Price: $2.50
Posted: 18 May 2005 19:56 PDT
Expires: 17 Jun 2005 19:56 PDT
Question ID: 523184
what is the payoff on a $90 horn high aces bet ?
Answer  
Subject: Re: craps
Answered By: websearcher-ga on 18 May 2005 20:38 PDT
Rated:5 out of 5 stars
 
Hi jay1942:

Thanks for the interesting question. 

I have pulled/calculated the following information from:

What Are the Odds of That?
URL: http://www.dicesetter.com/irish/irisharticle12e.htm

To review, a "horn high aces" bet is: 

"If you don't already know what it is, a "Horn High" bet is a horn
bet, with an additional wager on a specific horn number.  So a "$5
Horn High Yo" is horn bet with $1 each on 2,12, and 3 and $2 on the
eleven.  You can also have "Horn High Ace-Duece", "Horn High 12" or
"Horn High Aces".  Frankly, I think most people who make Horn High
bets haven't the vaguest idea what they're supposed to be paid.  If
you're in a sawdust joint where there are a lot of break in dealers,
you'd better know the payoffs or in all likelihood, you'll be
underpaid."

So, a "horn high aces" bet is 2/5 on 2, and 1/5 on each of 3, 11, and
12. The amount of the payoff depends on what was rolled. so for a $90
wager, there would be $36 on 2 and $18 on each of 3, 11, and 12.

If a two (aces) is rolled: 
Formula = 11 x wager + amount on the 2
        = 11 * $90 + $36
        = $1026

If a 3 or 11 is rolled: 
Formula = 2 x wager plus amount on # that rolled
        = 2 * $90 + $18
        = $198

If a 12 is rolled:
Formula = 5 x wager plus amount on 12
        = 5 * $90 + $18
        = $468

As a side note, the expected return (i.e., the amount you can be
expected to win on average for a $90 wager on "horn high aces" is:

expected return = (1/36) * $1026 + (1/9) * $198 + (1/36) * $468
                =      $28.50     +      $22     +       $13
                = $63.50

So, like most all bets in gambling, "horn high aces" doesn't pay
particularly well over the long run.

Search Strategy (on Google):
* "horn high aces" craps

Hope this helps.

websearcher
jay1942-ga rated this answer:5 out of 5 stars
very good answer thank you.

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