Sunday, March 16, 2008

Back in the tournament

My name was selected as a wild card entry back into the semi-final round of the Craps tournament at Harrah's Laughlin. There were four tables remaining with 13 players at each table and only the top three chip leaders from each table would move on to the finals.

Side note: Casino tournaments require much more strategy than just playing a casino game against the house. My semi-final table was comprised mostly of beginners, which is quite common in these free invitational tournaments. Most of the players played their normal craps bets while I just made small wagers on the Don't Pass. A horrible run of luck by the shooters was great for me. I was the leader at the countdown with three rolls remaining. After the last three rolls I ended up in first chip position and received an entry to the finals.

The finals consisted of tweleve players of which about half of them had a basic idea of tournament strategy. My bets won and lost small amounts and I was in mid-chip position with three rolls remaining. The first two rolls were uneventfull with me losing a little and most others winning a small amount. I was in 8th place going into the last roll and had betting position such that I got to be the second to last player to make my bets. Being one of the last to make bets allowed me to survey what others had bet and play counter to them so if they lost I would have a chance to move up. Things went well and I was able to place the "7" bet on the last roll and noone else was on it. I bet about a third of my stack on the "7" and the rest on a field bet. The "7" pays 5 to 1 and will make me the tournament winner if a "7" rolls (7 is also the most common roll).

The last roll was a hard "10" which won my field bet but it wasn't enough. I ended up in seventh place winnings $250. First place paid $5000. Overall I had no complaints because it was a free entry and I walked away with a small win.

I returned back to Las vegas and stopped at a Village Pub to collect my $100 certificate and my $100 free play. I was in about $2500 when I finally hit five fives for $2000. I played another $1000 before hitting five Aces for $4000. I put $500 back in and quit with a $2000 profit and another $100 certificate.

Daily Result: +$2,250
Year to Date: +$50,030










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