Craps may be a game of pure chance and luck but playing this game without a plan is almost always a guarantee for failure. Many of the bets come with a high house edge that would eventually eat up any decent profits made previously. A good, multifaceted strategy, on the other hand, can minimize the losses and contribute to lengthier playing sessions even with a small initial bankroll.
Before going into details about what the basic craps strategy should be composed of, we should point out that no strategy can guarantee long-term winnings in craps. The nature of the game makes the application of complex strategies or betting systems fruitless. Players should bear in mind that the outcome of the game cannot be influenced in any way by their decisions – instead, it is completely random and conditional on the roll of a pair of dice.
In order for a craps strategy to be successful, it should take several considerations into account, including players’ individual goals and resources – how much they can afford to bet and lose, how long they plan to play on the craps tables, their knowledge of the game, as well as their tolerance to risk. When we are compiling the main points for our strategy, we should also include those bets that would be fundamental to it, as well as the bets we should avoid.
This article describes some of the safest and most effective tactics for playing craps successfully online and in land-based casinos. It includes tips that could be useful to both novices and experienced craps players.
The Best Bets for a Successful Strategy
One of the first things to consider when deciding how to play craps is the range of bets in this game. Most casinos offer between 30 and 40 different bets – some center on a particular number such as the 7, whereas others cover large groups of numbers and are, therefore, more likely to win. However, to guarantee a constant income, casinos tend to pay at odds that are significantly lower than the true, mathematical odds of wagers.
Still, some of the craps bets offer a low house edge of around 1.40% and these are the bets players should consider fundamental to their strategy. It is also essential to differentiate between single and multi-roll bets since they differ dramatically in their house edge percentages, overall complexity, and level of difficulty.
Betting on the Dark Side
Another great tactic many experienced craps players prefer to take on, especially when they are playing online, is betting the “wrong” way. The phrase refers to the Don’t Pass and Don’t Come wagers and with them, players essentially bet against the shooter. These bets offer even better odds than their “right” counterparts, the Pass Line and the Come bet. There are a couple of more “wrong” betting options in the game and they all come with appealing opportunities to optimize your playing session.
However, dark siders, or those who bet on the shooter to lose, are not received well around the craps table. Usually, all players bet with the shooter – i.e. that the shooter will either toss a 7 or 11 in the come-out roll or the point number after a certain point has already been established. Those who bet on the dark side, however, bet that the shooter will lose and, together with him, everyone else on the table.
This is why most people who play a live craps game in a brick-and-mortar casino prefer to be right bettors – they all win or lose together, which creates a sense of community and solidarity that is unique to the game of craps. Online players, however, have nothing to worry about when betting against the shooter since online craps is available only in its virtual, RNG form. In such a game, you play solo against computer software rather than against a dealer or another player. Below, you can see the advantages of adopting a dark sider’s strategy.
Hedge Betting and the Iron Cross Strategy
What is Hedge Betting?
The Iron Cross Strategy
Hedge betting is a fairly popular tactic among craps and roulette players and it refers to the style of play where gamblers make certain bets to cover up the weaknesses of other bets. Inspired by the word of finance, hedging in gambling is betting in such a fashion so that you can offset and balance the risks of your previous bets. With this tactic, craps players try to insure themselves against loss. In certain scenarios, hedge bets are very successful but in others, they may not be effective at saving players’ money.
One of the most commonly used methods of hedge betting is to make the Pass Line and hedge it with the Any Craps bet. This is typically done before the come-out roll – 5 units are wagered on the Pass Line and a 1-unit bet is made on the Any Craps. The Pass Line wins with 7 and 11, paying 1:1, while the other wager wins with 2, 3, or 12, paying at 7:1 odds. There are several possible outcomes from this hedge betting strategy:
- 7 or 11 on the come-out roll – The Pass Line wins 5 units, while the Any Craps loses 1 unit for an overall profit of 4 units.
- 2, 3, or 12 on the come-out roll – Players lose 5 units from the Pass Line bet but win 7 units from the Any Craps for a profit of 2 units.
- The roll establishes a point – Players lose 1 unit from the Any Craps bet and the Pass Line remains working for the subsequent rolls.
If an outcome is determined in the come-out roll, players will end up with a profit. However, most of the time, the dice will roll one of the point numbers. Based on the probabilities of the game, 7 or 11 will show up an average of 8 times in 36 rolls, compared to 4 times for the craps numbers. The shooter will throw a point number 24 times in 36 rolls on average – this means 24 losses for the Any Craps bet, as well.
Overall, players who adopt this tactic are expected to win 16 units per 36 come-out rolls. If they do not make the Any Craps bet, on the other hand, they will end up a 36-comeout cycle with 8 wins of 5 units, 4 losses of 5 units, and 24 unresolved rolls. This means that their overall profit will be 20 units – more than they are expected to win with the hedge bets.
Of course, there are various other ways to hedge your main bets and some are better in protecting the Pass Line or the Come bet than others. However, even if they manage to balance out certain weaknesses, additional risks will always arise. This is why hedge betting is recommended for more experienced players who have a deeper knowledge of the game and know exactly what they are risking.View more...
1Learn The Rules of the Game
Players who want to be successful on the craps table in the long run should learn the rules of the game, as well as all available bets. It is also recommended to stick to certain bets with low house edge and combining them for better results. This may not be enough, however, because craps is, after all, a chance-based game where the outcome is completely random.
2Set Your Craps Budget
Those who want to avoid losing all their money on the craps tables should adopt a good bankroll management plan. They should start with defining their bankroll – how much they are willing to gamble every time and more importantly, how much they are willing to lose. They should also know that just like every casino game ever created, craps favors the casino and not the player – eventually, the house will always win.
3Start With Betting the Table Minimum
Once players take these few fundamental concepts into account, they should proceed with structuring their bankroll and bets in such a way so they can guarantee lengthy playing sessions. It is also better to start the game of craps by betting the table minimum. A great alternative to the live tables is online craps, which often allows bets as low as $1. The less players bet on every roll of the dice, the longer their bankroll will last. If they start with $1 bets, they should have a bankroll of at least $100 – the more they have, the easier it will be to offset their losses.
4Avoid Props Bets and Progressive Betting Systems
Last, but not least, players should avoid props bets and progressive betting systems at all cost. They are mathematically proven to result in an overall loss. Besides, betting progressions rely on illogical and fallacious concepts such as the existence of winning and losing streaks or hot and cold dice. In reality, each roll of the dice is completely random and independent of the previous or the next rolls so players should not rely on the idea that after five losses, they are more likely to win.
Overall, money management is extremely important when playing craps as it is important when taking part in any kind of gambling activity. This section of the article is by no means detailed and comprehensive when it comes to managing your craps bankroll, which is why players should look for the dedicated bankroll management page.