Sorry folks, there is no sure fire craps strategy that will have you jetting off to your recently purchased private island by this time next Thursday; craps is a luck game, and there's no way to guarantee a win with that. What we can do however, is pay attention to the factors in the game that we can influence, and try our best to influence them in our favour. Therefore, we will look at some different betting systems some players choose to use with craps, we can look at the hard facts of the game, identifying which bets have the lowest house advantage and thus are the best for you to bet on, and finally look at money management tips which may not help you win but will certainly help you not loose.
Lowest House Advantage
There isn't a bet on the table that doesn't have a house advantage, therefore the best that you can do is figure out which have the lowest house advantage and stick with these – or even better, have us figure it out for you.
There are two ways of approaching this problem depending on the rules of the casino your playing in. In a casino where commission is paid only on wins, then the best bets to be made are the Pass and Don't Pass line bets, the Come and Don't Come bets, the 6 and 8 place bet, and the 4 and 10 buy bet. However, in a casino where house advantage per roll is reckoned, then the best bets to make are the Passline bets, and the 6 and 8 place bets as all of these have less than a 1% house advantage. this is basically the best way to implore craps strategy.
There are some key points that you must remember when using a betting system or craps strategy: first of all, the house edge is unbeatable, and secondly they work only in the short term, so please use these as temporary answers not long term solutions.
The Martingale System
The martingale craps system is probably the most well known of all the betting systems and can be used for a lot of different games – It is also the simplest betting system to follow. There are only two things you need to remember when using the Martingale System, always stick to the same bet and always double your money. The idea of the Martingale is that you start low and if you loose, you wager double the previous amount on the same bet. On an even payout bet, which is all this can be used with, you will eventually win and will make back all the money you bet plus the value of the original wager. In craps, the play goes very quickly and thus you must always be sure you have enough money to keep doubling until you win, and you must be sure that the table maximum isn't reached before you achieve this. Use the martingale craps strategy and it will help minimize any losing sessions.
The Positive Progression System
The positive progression system is less risky than the martingale in terms of running out of money, or reaching the table maximum before making your win, but it is also less reliable. Unlike the martingale which has you bet more when you loose, the positive progression system responds to your results; when you're winning you bet more, when you're loosing you bet less. The positive progression system can be tailor made to your desires so long as it follows the basic system of bet more when you win. For example you might chose to up your bet by 50% every time you win and reduce the bet by 50% every time you loose. For example if you start with $1 and win, then bet $1.50 next time; if you win that bet, place $3 and so on. If you loose let's say on a $6 bet, your next bet should be $3. This system allows you to pocket money each time and it works with your streaks rather than against them.
The Split Bankroll System
The split bankroll system is a way of having more time playing, if not necessarily make more money. The idea of this system is that in the last minutes of play, when you have little left, it is better to play for longer, and increase your chances of staying in the game than it is to go out with a big bang. Thus, in the last throws of your bankroll, instead of pushing it all in on one bet, why not split it into two. The chances of winning from two is greater than the chances of winning from one, and then you can start again. For example if you have $20 left you can put it all in and either end up with $40, or with nothing – there's a 50/50 chance. If however you split it into two $10 bets you still have a 50/50 chance of ending up with $40, but the chances of ending up with $20 have increased to 25% and the chances of ending up with nothing have decreased to 25%, making this an attractive approach to end of the game gambling. To increase your chances even further, you should divide your remaining bankroll into even smaller bets; in fact this system holds in it a lesson for gaming in general – the smaller the bets the longer you can play for.
There are 5 golden rules when it comes to money management when it comes to any kind of craps strategy. This will keep you at the craps tables for longer, and keep you happier when you leave, they are as follows:
1.Only ever play with spare money. 2.Play only for fun; never to make money for rent, tuition etc. 3.Set yourself limits for how much you are prepared to loose in each round, or time period. 4.Pocket a percentage of each win, either for playing with or for cashing out and buying yourself a treat with. 5.Check the table limits before you start playing. A table with too high a minimum will eat away at your bankroll in no time, whilst a table with two low a maximum can cause you problems if using a betting system for example the martingale. You have craps strategy down, now take a quick refesher course on the rules of craps.