Menu
- Best Way To Make Money Playing Craps
- Playing Craps 101
- New Craps Playing Videos
- Best Strategy For Playing Craps
- How To Win Playing Craps
- Make Money Playing Craps Online
- Does Anyone Make Money Playing Craps
Lay bets pay true odds, but player must prepay a 5% commission, based on the possible win. This works out to odds of 19-25 on the 6 & 8, 19-31 on the 5 & 9, and 19-41 on the 4 & 10. If the player selects 'keep bets working,' then all bets will be on for come out rolls. Expert strategy and best sign up bonuses to win at craps! Give yourself the best odds at beating the casinos here http://www.casinotop10.net/online-craps-str.
by Henry Tamburin
This is a controversial article because it is going to present a different view on how to determine what are the best bets on the crap layout. For example, if someone were to ask you to selectwhich of the four bets is the best bet, which one would you, pick?
- $5 bet on the pass line.
- $1 bet on the Field
- $6 Place bet on the 6
- $1 bet on Any Craps
Most players would pick bet number 1, the $5 pass line bet because “it has the lowest casino edge” compared to making bet 2, 3, or 4. Before we go on with our analyses let’s make sure youunderstand what the casino's edge is really all about and why it has its shortcomings.
We all know that casinos can’t depend upon luck to generate the income they need to pay their expenses and have a few bucks left over as profit in profit for their shareholders. To ensurethemselves a steady income they must have a mathematical advantage over every crap-shooter at all times. How do they create their advantage in the game of craps? They do it in two different ways but with the same result.
Take a bet on the pass line for example. Based on the rules for winning a pass line bet, for every 1,000 bets a player makes, he will win 493 on average and lose 507. In other words the rulesfavor the casino winning more bets than the player. How much more? If you bet a buck every time you would win $493 and lose $507 for a net loss of $14. Thus for every $1,000 worth of bets youmake on the pass line the casino stands to win $14 or 1.4% simply because the rules favor the casino winning more times than the player.
The casino creates its advantage on other crap bets a little differently. Take the bet on any seven whihc is a one-roll bet that the dice will show a 7. If you win that bet the casino will payyou $4 in winnings (4 to 1 payoff). That’s very nice that they give you $4 for only a dollar bet, but unfortunately it isn’t quite enough. You see the number 7 can be rolled in 6 different dicecombinations out of a possible 36 combinations. You can only roll the number 7 with a pair of dice when the following numbers show: 1,6; 2,5; 3,4; and the opposites 6,1; 5,2 and 4,3. Any otherdice combination – like 3,6 or 2,1 – will yield a non-7 number. There are in fact 30 combinations that yield a non-7 therefore the odds that a 7 will appear are 30 to 6 or by rounding 5 to 1.That is the true mathematical odds against rolling the dice and having a 7 show.
Best Way To Make Money Playing Craps
Video poker jackpot. If the casino were to pay players at the same odds, namely 5 to 1, they wouldn’t make a penny profit on this bet. But being the smart business people that they are, they pay off a winning betnot at 5 to 1 odds but rather at 4 to 1 odds. By simply short changing the player one chip when he wins, the casinos have discretely created their edge on this bet. Frank Scoblete says it best:“when you lose a bet it’s lost; but when you win a bet you have a silent partner – the casino – who keeps a part of your winnings.”
Let’s be sure you also understand what the casino’s edge means in dollars and cents. The casino’s edge or advantage is usually written as a percentage. In the above example the casino’s edge onthe any seven bet is 16.7% which means a player can expect to lose 16.7% of all the money bet on any seven. It doesn’t matter whether your bets win or lose in the calculation of how much thecasino’s expect to win from you. All that’s required is that you bet and what the casino will earn day in and day out is 16.7% of what you bet. If you make a total of 25 one dollar bets on anyseven during the course of play the casino will expect to win from you about $4 for your action (16.7% times $25). Now most likely you will win or maybe lose a lot more than $4 but the moremoney you bet the closer your losses will come to the statistical 16.7% loss rate. The casinos bank on this fact day in and day out.
Table 1 ranks all the crap bets according to the casino’s edge. The pass/come/don’t pass/don’t come bets with odds clearly have the lowest casino’s edge compared to the other bets.
Table 1 - Ranking of Crap Bets by Casino’s Edge
Playing Craps 101
Bet | Casino’s Edge (%) |
---|---|
pass/come/don’t pass/don’t come with 100-times odds | 0.02 |
pass/come/don’t pass/don’t come with 20-times odds | 0.10 |
pass/come/don’t pass/don’t come with 10-times odds | 0.18 |
pass/come/don’t pass/don’t come with 5-times odds | 0.33 |
pass/come/don’t pass/don’t come with triple odds | 0.47 |
pass/come/don’t pass/don’t come with double odds | 0.61 |
pass/come/don’t pass/don’t come with single odds | 0.85 |
pass/come/don’t pass/don’t come | 1.41 |
place 6 and 8 | 1.52 |
lay 4 and 10 | 2.44 |
field (paying 2x on 2 and 3x on 12) | 2.78 |
lay 5 and 9 | 3.23 |
lay 6 and 8 | 4.00 |
place 5 and 9 | 4.00 |
buy 4 and 10 | 4.76 |
field (paying 2x on 2 and 12) | 5.55 |
place 4 and 10 | 6.67 |
hard 6 and 8 | 9.09 |
big 6 and 8 | 9.09 |
hard 4 and 10 | 11.11 |
3,11 | 11.11 |
any craps | 11.11 |
2,12 | 13.89 |
any 7 | 16.67 |
But does comparing the worth of one bet to another solely based on the casino’s edge tell the whole story? Not really, because the number of times a bet wins or loses per unit of time has notbeen factored into the equation.
Think about it for a minute. Is the number of times you win or lose a pass line bet per hour the same or different then say a field bet? How about a bet on any craps or the place bet on the 6?In fact they are not the same. Which is why a meaningful comparison of the worth of different craps bets should be based on their “cost per hour” and not solely on their “casino’s edge”.
The cost per hour is just what its name implies. It’s what the casinos expect to earn or what it costs you per hour to make a bet. The equation to calculate the cost per hour is simply theamount of the bet times casino’s edge times number of decisions per hour.
Most casual players will typically bet $5 on the pass line. You can expect in most well run games the dice will roll about 100 times per hour. The number of pass line decisions that occur inthose 100 rolls is 30. Therefore the cost per hour is simply
$5 times 1.41% times 30 decisions per hour = $2 (rounded) New casinos in nj.
By doing similar calculations for every bet you can compute each bet cost per hour and then rank them (Table 2).
Table 2 - Ranking of Crap Bets by Cost per Hour (rounded)
(assumes 100 rolls per hour)
Bet | $ Wagered | # Decisions/hr | Cost/hr |
---|---|---|---|
pass/come/don’t pass/don’t come | $5 | 30 | $2 |
place 6 and 8 | $6 | 30 | $2.70 |
hardway 6 and 8 | $1 | 30 | $2.70 |
big 6 and 8 | $1 | 30 | $2.70 |
field (3x 12) | $1 | 100 | $2.80 |
hardway 4 and 10 | $1 | 25 | $2.80 |
field (2x 12) | $1 | 100 | $5.50 |
place 5 and 9 | $5 | 28 | $5.60 |
3 and 11 | $1 | 100 | $6.70 |
2 and 12 | $1 | 100 | $6.70 |
place 4 and 10 | $5 | 25 | $8.30 |
any craps | $1 | 100 | $11.10 |
any 7 | $1 | 100 | $16.70 |
buy 4 and 10 | $21 | 25 | $25 |
lay 4 and 10 | $41 | 25 | $25 |
buy 5 and 9 | $21 | 28 | $28 |
buy 6 and 8 | $21 | 30 | $30 |
lay 5 and 9 | $41 | 30 | $30 |
lay 6 and 8 | $25 | 30 | $30 |
What’s surprising when you scan the ranking of the bets in Table 2 is that several “bad bets” all of a sudden become better bets because they have a relatively lower cost per hour. Such isthe case with the hardway bet on the 6 and 8. Even though the bet is ranked low in Table 1 because of its high casino edge, it suddenly becomes a better bet when you look at its cost per hourranking in Table 2. Why is this? Simply because it’s possible to bet low amounts ($1) and the number of decisions per hour (30) is relatively low. Best odds game in vegas. Remember it’s the combination of casino’sedge and number of decisions per hour, which determines the ranking in Table 2.
Take a look at the hourly cost of some of the proposition bets in Table 2. If you are prone to making prop bets, you should confine your betting to the hardway 6 and 8 compared to say anycraps, any seven, or a bet on the 2/12 and 3/11 because the hourly costs are lower. If you like to bet the field, please do so in a casino which pays double on the 2 and triple on the 12. Yourhourly costs will decrease from $5.50 to $2.80. Also note how the place bet on the 6 and 8 ranks high in both tables. If you like betting on the numbers you better pay close attention to Table2. The numbers clearly show how much more it will cost you to buy a number vs. placing it.
Keep in mind that the cost per hour calculations and rankings in Table 2 is based on a specific bet size. If you bet only $1 on the pass line, for example, your cost per hour would be one fifththe figure in the Table 2 (40 cents vs. $2). Likewise if you decide to bet $5 in the field instead of $1 your hourly costs would jump from $2.80 to $14.00.
You must also keep the cost per hour rankings in perspective. Obviously one way to keep your hourly costs to as low as possible is to bet the smallest amount ($1) on a bet which doesn’t havemany decisions per hour. But that leads to a lot of rolls of the dice in which you would not be participating much and it won’t be fun playing.
So what about the odds bet which is noticeably missing from Table 2? Shouldn’t it reduce the cost per hour for the pass/come/don’t pass/ don’t come wagers because it lowers the casino’s edgefor these bets (see table 1)? Well let’s see.
Table 2 tells us that the $5 pass line bettor’s hourly cost is $2. Suppose the player wagers doubles odds. The casino’s edge for the combined pass line plus double odds is reduced from 1.41% to0.61% and the number of decisions per hour stays the same. But, and it’s a big but, instead of making only $5 bets on the pass line the player betting double shells out another $10 on the oddsevery time a point number is thrown (about two thirds of the time). His average bet is about $11.67 per decision. If you multiply $11.67 times the 0.061% casino edge times the 30 decisions perhour, you arrive at an hourly cost of $2 - the same as the pass line player that doesn’t make the odds bet. Putting it another way, the casino’s edge on the odds bet is 0 so the hourly costsfor the pass line bet is the same as a pass line bet with odds assuming the same amount of money is riding on the pass line bet. Therefore whether you bet pass line or pass line with single,double, triple, even 100-times odds, your hourly cost for the basic $5 pass line bet is always $2.
Review the numbers in Table 2 before you hit the crap tables to determine what it is really costing you to play. And remember when it comes to playing craps, time is really money.
Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of the Ultimate Blackjack Strategy Guide and was editor of the BlackjackInsider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin/.
I’m writing a series of blog posts about casino games and the good and bad strategies for playing those games.
Craps is one of my favorite casino games, so I’ve been looking forward to writing this one.
And the beautiful thing about craps is that it’s a game of pure chance. The best strategy is just to choose the bets with the lowest edge for the house and have fun.
But I’ll have some things to say about some of the strategies and systems that other writers promote, too.
They’re mostly bad craps strategies.
Here’s the Only Craps Strategy You Need
When you’re dealing with an entirely random game – like craps – the only strategy that matters is choosing the bets with the lowest house edge and having fun.
The only decision you make in craps is what bet to place.
I’ll have something to say about shooters and whether they have control over the outcomes later in this post, but for now, let’s just agree that games like craps are purely chance.
In other games that are entirely random, like slot machines, you don’t even really need to decide which bet to place. It’s chosen for you before you sit down.
When playing craps for real money, you have a handful of good bets you can make, but most of the bets on the table are bad. Just skip the bad bets, and you’re all set.
The Bests Bets at the Craps Table
The best bets at the craps table are the pass line bet and the don’t pass bet.
The come and don’t come bets are also great wagers.
I always advise casino gamblers to try to limit their gambling to games where the house edge is lower than 2% — preferably 1.5% or lower.
The house edge for the pass and come bets is the same, 1.41%, which means they qualify.
The house edge for the don’t pass and don’t come bets is even lower, 1.36%, but the 0.05% isn’t worth worrying about. Most people prefer to root for the shooter to succeed.
The other bet to think about at the craps table is the odds bet. This is a bet you can only place after making one of the 4 bets I already mentioned and when the shooter has set a point.
This is one of the only bets in the casino that has no house edge. It’s a break-even bet, but it can be expensive.
It can also drive the effective house edge on the money you have in action down to almost nothing.
Here’s how that works.
How the Odds Bet Changes the House Edge for the Better
If you’re betting on the pass line and the shooter sets a point, you can expect to lose $1.41 for every $100 you bet. That’s on average and in the long run.
If you’re playing at a casino that only allows you to place an odds bet at 1X the size of your pass line bet, you can put another $100 into action.
Your expected loss remains $1.41, though, which effectively cuts the house edge in half, from 1.41% to 0.71%.
If you’re able to bet 2X your original bet on the odds bet, you can lower that even further to 0.36%. (You have $300 in action, but your expected loss is still only $1.41.)
The more you’re able to bet on the odds bet, the lower the house edge for all the money you have in action becomes.
It’s clear why betting on the pass line and taking the most odds that you can is an effective strategy. With the odds bet, you can get the house edge in craps lower than 0.5% at least some of the time at the table, making it an even better game than blackjack.
And what’s more, you don’t have to memorize basic strategy to get the low house edge at craps.
You just need a big enough casino bankroll to make the right bets, and you need enough sense to avoid the bad bets at the table – of which there are many.
Any Strategy that Involves Placing ANY Other Bets at the Craps Table Is a BAD Craps Strategy
There’s a reason gambling experts measure bets according to their house edge. That’s because it’s the single best indicator of how good or bad a bet is.
The house edge is a statistical estimate of how much money you’ll lose as a percentage of your original bet over the long run.
New Craps Playing Videos
If the house edge is 1.41%, the casino expects to win an average of $1.41 every time you bet $100.
If the house edge is 16.66%, the casino expects to win an average of $16.66 every time you bet $100.
Which bet looks like the better bet for the casino?
And which one looks like the better bet for the gambler?
It shouldn’t be hard to make the distinction.
Most of the bets at the craps table have a house edge of over 9%, making these bets worse than roulette, which is a notoriously bad game for the player.
Even the best of the bad bets on the craps table are inferior to the 1.41% or 1.36% you can get from the pass, don’t pass, come, and don’t come bets.
And trust me on this:
You can have PLENTY of fun sticking with the basic bets at the craps table.
Betting Systems Where You Raise and Lower the Size of Your Bets Are Bad Strategies
The classic example of this kind of betting system is the Martingale System, where you double the size of your bets after each loss. When you do this repeatedly, you eventually win back the money you’ve lost along with a profit of one unit.
Best Strategy For Playing Craps
The problem with a system like the Martingale is that you’ll eventually run into a big enough losing streak that it will wipe out all those small profits and then some.
How To Win Playing Craps
Most people underestimate how quickly a bet’s size gets when doubling after every loss.
They also overestimate how likely they are to avoid long losing streaks.
If you double a $5 bet once, that’s $10.
But if you run into a losing streak of 8 bets in a row, you’re looking at having to bet $640 to make up for your losses.
Also, every roll of the dice is an independent event. The odds don’t change based on how many times you’ve won or lost in a row.
You might think the probability of losing that 8th bet is lower than the likelihood of losing the first one, but the truth is that the dice have no memory. They have the same 6 sides, no matter how many times you’ve lost in a row.
Each bet in craps is an independent event, and any betting system will assume that the odds are changing based on how many times in a row you’ve won or lost.
Money Management Strategies Don’t Hurt Anything, but They Won’t Improve Your Odds of Winning, Either
Money management strategies involve having strict gambling discipline about how much of your bankroll you’re willing to risk before quitting the game. They also require you to stop when you’ve won an arbitrary amount of money.
![Playing craps 101 Playing craps 101](https://i.ytimg.com/vi/mtXPwTwHvCY/maxresdefault.jpg)
Money management techniques are often used in conjunction with betting systems.
Here’s an example of a money management strategy in craps:
You decide your bankroll for the session is $250, and you’re playing for $5 per roll of the dice.
Your stop-loss limit is $100, so, if your bankroll drops to $150, you must quit the craps session and go do something else.
Your win goal is $250, so once your bankroll gets up to $500, you must quit the game and go do something else.
This kind of strategy might increase your chances of walking away from the game a winner.
But that’s only because a lot of gamblers will just keep playing until they’ve lost their entire stake. They just don’t generally have a lot of sense about that sort of thing.
The Jury’s Out on Dice Setting or Dice Control
I’ve seen multiple reputable gambling writers express interest and some belief that some craps shooters can influence the probability of specific outcomes. I’m skeptical – in the extreme – but I’ll give it an appropriate amount of credence.
The idea is that you hold the dice a specific way – “setting” the dice – then throw with a minimum amount of force – just enough to hit the back wall and eliminate most of the rolling action.
Make Money Playing Craps Online
A controlled shooting expert doesn’t have to be perfect. Instead, they’re trying to be like someone who’s playing darts. They improve the probability enough to change the negative expectation on a bet to a positive expectation.
Does Anyone Make Money Playing Craps
For the most part, this means throwing the dice in such a way as to minimize the probability of getting a total of seven.
You can buy books and videos explaining how to get an edge at craps this way, but I can’t imagine the amount of practice and record-keeping required to have any confidence in your ability to change the odds.
Imagine if you spent 1000 hours trying to learn how to control the dice and coming up short. Maybe you just don’t have the knack for it.
That doesn’t sound like a good deal to me.
I’d rather learn to count cards in blackjack.
![How to win playing craps How to win playing craps](https://pics.me.me/thumb_roses-are-red-baseball-uses-a-bat-according-to-all-63460264.png)
Conclusion
Those are the best and the worst of the strategies I know of for playing craps in the casino. I know plenty of people who would disagree with every recommendation I’ve made, but the math behind the game doesn’t lie.
The best strategy is to stick with the bets with the lowest house edge and have as much fun as you can.