Color Up Podcast

2: Episode 2 - The Math of Craps


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In this episode, Jeremy and Jim discuss the math of the game of craps. They talk about the probabilities of rolling different numbers with two dice and how those probabilities affect the payouts and house edge. They also discuss the concept of the seven being the most important number in the game and how it determines the outcome for both light side and dark side players. The conversation also touches on the topic of smoking in casinos and the recent news of the Mirage closing and the construction of the Evil Knievel museum in Las Vegas. In this conversation, Jeremy discusses the house edge in craps and the different betting strategies players can use. He explains how the casino makes money by paying out slightly less than the true odds of winning, and how players can try to beat the odds by rolling certain numbers. He emphasizes that while players can have short-term wins, in the long run, the casino always has the advantage. Jeremy also touches on the importance of understanding the house edge and making informed bets, and he mentions his partnership with Sports Grid.

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