Replay -- Craps Side Bet
Replay is a craps side bet I spotted at the Boulder Station on September 16, 2010. It pays if the shooter makes the same point at least three times before sevening out.
The bet starts with a new shooter and ends with a seven-out. The following table shows the pay table. Wins are on a "to one" basis.
Replay Pay Table
|Point of 4 or 10 achieved four or more times||1000|
|Point of 5 or 9 achieved four or more times||500|
|Point of 4 or 10 achieved three times||120|
|Point of 6 or 8 achieved four or more times||100|
|Point of 5 or 9 achieved three times||95|
|Point of 6 or 8 achieved three times||70|
The following table shows my analysis of the Replay bet. The lower right corner shows a house edge of 24.81%.
Replay Return Table
|Point of 4 or 10 achieved four or more times||1000||0.00003691863657||0.03691863656821|
|Point of 5 or 9 achieved four or more times||500||0.00020671490002||0.10335745001061|
|Point of 4 or 10 achieved three times||120||0.00052298052124||0.06275766254895|
|Point of 6 or 8 achieved four or more times||100||0.00069820960363||0.06982096036327|
|Point of 5 or 9 achieved three times||95||0.00179993294223||0.17099362951155|
|Point of 6 or 8 achieved three times||70||0.00429327448455||0.30052921391822|
Integral calculus was used to analyze this bet, thus the results accurate to as many decimal places stated. A random simulation was also done to confirm the results, which matched to within 0.03% of return.
I have a ten-page PDF document that details my analysis of the Replay bet.
Written by: Michael Shackleford