Craps is the casino table game that popularized the numbers 7 and 11. By hitting 7 or 11 at the roll of two dice, some bets win and others lose. The line-ridden craps table comes across as a tad too intimidating to the uninitiated, as opposed, say, to minding a 52-card deck, multi-colored wheel, or one-armed machine.
One advantage that craps provides is that you begin the game with a ready advantage—a low house edge. Capitalize on the good headstart by having a sound craps strategy that combines smart money management, a keen understanding of the smart bets on the table, and a relaxed straightforward attitude towards playing. Intelligent bankroll management can not be overstated as a strategy, especially in a table game as difficult to master as craps. You must manage your bankroll to maximize your wins and minimize your losses.
Check the odds. In craps, each roll of two dice can produce 36 different number combinations. Winning or losing a game is determined by all these possible outcomes. Some values can be rolled in many ways, like a value of 6 which can come out of five combinations (5/1, 4/2, 3/3, 2/4, 1/5). Other values can be made in a few specific ways, like the number 2 which makes no more than one combination (1/1). Wins and losses depend upon the number of ways that a two-die combination can be produced. As a rule of thumb, the less probable a two-die combination, the higher the payoff. For example, the probability of a 2 coming up is 1 in 36 (1/1), of 4 is 3 in 36 (3/1, 2/2, 1/3), of 7 is 6 in 36 (6/1, 5/2, 4/3, 3/4, 2/5, 1/6). So the actual odds for hitting a 4 is 6:3 or 2:1, although a 4 pays out at 9:5.
Stick with best bets . Key to making the most of your potential revenue is to find the smart wagers on the craps game table and stay with them while still mastering the game. For starters, there is already a specific number of low house edge bets in the game, and what you want is to maximize them. Pass line bets backed by totally free odds, bets backed by another free odds, and place bets on the 6 or 8 are some of the best bets in craps, and sure to have a lesser house advantage. An endless number of casino gambling experts advise these bets, which are easy to spot and make, and they can’t be all wrong. On the other side, you would want to listen to everyone else’s suggestion to avoid bets that tend to be a bit more unwieldy for the non-expert, like alternative proposition bets.
Progress and regress. While you can not guarantee winning consistently in craps, it is possible to lose consistently. Betting the same amount each time is one way to dig deeper, as you will almost always lose. To progress and regress means to increase and reduce your wagers at a fixed rate. For example, you can progress to doubling the table minimum (x * 2), then regress back to the minimum (x * 2 / 2), and go along as you win. It is a good way to extend your bankroll and play for the long-term.
Hedge your bets. This is a valid suggestion, but one to consider depending on your expectations of the game. Craps is a streaky casino game, and on one hand, hedge betting curbs its volatility. On the other hand, it also constrains your likely winnings. The fewer the chances of winning more, the lesser the downswings threatening your bankroll. If you don’t mind making smaller bucks at lower risks, hedge betting is for you.
Don’t let your winnings ride. Perhaps it’s alright to do this with other casino games, but you already know how volatile craps can be so you need your bankroll to stay solid as you move along. What if you ride on an initial win and experience an ensuing loss? Your bankroll needs to sustain up to some 25 to 30 bets whilst you wait to secure your win.