Be smart, play smart, and learn how to play craps the right way!
Contrary to what you probably read in books and other Internet articles, craps is designed for the casino to win and the player to lose. Over time, the player always loses. The fact is, no matter what bets you combine and betting patterns you apply, you can’t overcome the house advantage. No hedge-bet method (i.e., combination of bet types and bet amounts) will ever change the negative expectation to result in a player advantage. The best you can hope for is to minimize the house advantage and maximize your odds. The knowledgeable player knows he’s supposed to lose, so he plays for fun and excitement. He hopes, but doesn’t expect to win. The secret is to find the optimal mix of variables that allows you to walk away with something left in your pocket and be happy that you didn’t lose it all. The secret allows you to play longer, lose less, and leave in a good mood. You might even leave a winner, making your gambling vacation even sweeter.
Let’s take the “I” out of the proposition and remove the word “all.” The casino has no obligation to pay you any money, unless youottomutually commit to pay it. (The casino has a legal privilege to take a non-refundable fee from losses that are neither “excess” nor a profit.) Sometimes a casino promise to take a fee is a tactic to encourage you to make a bet you might later regret.
Let’s look at the various bets, their odds, and the payouts. The pass line bet, which is a bet on the shooter rolling a 7 or 11, has the worst odds in craps. The house edge on this bet is almost 17%. The proposition bet that the shooter rolls a 2, 3, or 12 pays out 6 to 5, and has a house edge of 9%. The hard ways bet, which is a bet on the shooter rolling a 4, 5, 6, 7, or 8, pays out 6 to 5, has a house edge of 7%, while the hardway bet, which is a bet on any roll (i.e., 2, 3, 11, or 12), pays out 6 to 5. The 7 is the most favorable bet in the casino, because it gives the casino a the greatest advantage.
Craps is a fantastic game because the house edge is low, and the player has a lot of betting options. You can play for hours without losing much, or you can lose lots of money quickly. The lowest edge games are the ones played on the pass line, because these have the least amount of action. The casino advantage on the pass line bet is only 1.4% for the pass line bet. However, the panen138 advantage on the hard way bets, which are bets on the come out roll, is much higher. The hard way bet has a house edge of 14.11%, so it’s not recommended. If you want to stay on the safe side, stick to the pass line bet.
The proposition bet at the end allows you to bet on anything–except the point numbers. Since this bet is placed before the come out roll, you have no house advantage. The people who bet before you have bet for a specific outcome, so their odds match your odds. If you bet on the point, however, you can’t bet unless the shooter rolls the point number. A lot of people bet on the pass line and center field because the odds are better. If you are betting hardway bets, however, you don’t get odds, so it’s easy to be greedy.
If you don’t like the look of your table, move to a different table. It’s not uncommon to find a dozen or more tables on a single table. If you are betting hardway bets, however, you might find you have to move frequently to different tables to keep up with the people betting. If you like the look of your table and the number of people betting (and therefore, you think they’re bluffing), you can move to a different table. The same thing applies if you don’t like the number of people betting–you can get bored and move to a different table.
Once you learn the ins and outs of the game, you might consider playing at multiple tables. You like having more options. However, it’s important to finish your play before the next come out roll to avoid “the lick.” You never want to lose a shooter, especially if you’re in the middle of a hot roll.
If you can’t decide on a number, you can bet “money lines.” With this bet, you bet the house on whether the shooter is going to roll a 7 or 11.