Optimal Craps Strategy

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  1. Optimal Craps Strategy
  2. Craps

Modern Craps Is played with two six-sided deuce, and there are dozens of Craps strategy bets that are available. You can bet with or against the shooter, on bets settled in one roll or multiple rolls, and choose your own numbers or have a roll of the dice determine the number that could make you a winner on subsequent rolls. The Craps Iron Cross strategy is based on a Pass Line bet, Place bets, and a Field bet. Iron Cross works best if the Point is 5, 6, or 8. The reason being that it's the cheapest setup. The result of using Iron Cross is that you will win on ANY NUMBER except seven.

Here's where we get into the nitty gritty of beating the casino at the craps table.
Strategy

An Optimal Strategy for Training Connectionist Pattern Classifiers 1127 Thble 1: Definitions of symbols used to describe die faces, probabilities, probabilistic differences, and associated estimates. Symbol Wrj P(Wrj) kq P(Wrj) where and Definition The lrUe jth most likely die. Being a craps dealer I can give you some advice. Stay away from center action, meaning prop bets and such, also the field bets. Always play minimum pass line, with max odds. The basis of the Three point molly craps strategy is using both the pass line and the come bet as part of your betting. At the start of the game you place a bet on the pass line and wait for the shooter to throw the point. Once appointed been established you now place a bet on the come line.

Obviously, the first step is to stay away from the fancy bets in the center of the table. In case you'reBasil Nestor is the author of the new Playboy Complete Guide to Casino Gambling. This wonderful book teaches players how to avoid sucker bets and win more when playing gambling games. He is also the author of The Smarter Bet Guide series for video poker, slots, craps, and many other books about gambling. Basil's website is www.smarterbet.com still temped, here's something to consider. It's an equation you learned as a child.

1 + 2 = 3

And, of course, switching the order of the numbers doesn't change the sum.

Viva slots win real money. 2 + 1 = 3

No matter how we divide or merge three units, the result will always be three, and never four.

1 + 1 + 1 = 3

Yes, it's simple enough, but craps' cornucopia of betting options tends to obscure this basic truth:

A combination of bets will never outperform the combination's individual components.

And yet some people can't resist the challenge of trying to pull four out of three. For example…

Trimming the Hedges

The worst craps betting strategies usually involve hedge bets. These are tricky systems that combine bets to supposedly reduce risk. They actually do work to the extent that they protect against one particular result, but the alternative is usually even more expensive. For example, some bettors 'insure' the pass line by also betting any craps. That supposedly turns the first roll into a can't-lose bet. Right? Wrong! Let's do the arithmetic. The table titled 'Craps Insurance' shows why insuring the pass line is usually an expensive mistake.

Craps Insurance

Ways To Win
No Effect (point)
Line Bet $20
4
$80
12
0
The above numbers represent average results after thirty-six come-out rolls.
In this example $20 is wagered on the pass line and $5 is wagered on any craps. The combination guarantees that the first roll will always win $15 or establish a point at a cost of $5. Unfortunately those points come frequently enough to wipe out the advantage of winning on craps. The line bet does much better by itself.
Keep in mind that a bet on the pass-line has its greatest probability of winning on the come out. The above system hedges the bet precisely when it needs it the least.
Okay, so how about betting any seven (often referred to as big red) once a point has been made? That would avoid a loss on seven-out, right? Yes, but only if a 7 or the point appears immediately. Those pesky dice are generally not so cooperative.
Point
Ways To Lose
Total Average Dollars Lost
6/8
6
-$20
6/8
25
-$80
The above numbers represent average results after thirty-six rolls.
The table titled 'Seven-Out Insurance' shows that big red costs much more than it earns (on average) after thirty-six rolls. In this example it quadruples the expense of rolling 6/8. Any seven with 5/9 or 4/10 is even worse.
That realization causes hedge bettors to search for new ways to protect their money against loss. Betting the field? Betting the hardways? Buying the numbers? It can't be done. The smart way to play craps is to pick a wager with a low house edge and make it even lower.
'Lat not this wrecched wo thin herte gnawe, but manly set the world on six and seven.' (In other words, have courage in the face of adversity, and bet the best numbers.) Geoffrey Chaucer – from his poem Troilus and Criseyde published in 1385.
The preceding material is just a sample of what you'll find in Basil Nestor's Smarter Bet Guide to Craps.

Optimal Craps Strategy

Meaning

An Optimal Strategy for Training Connectionist Pattern Classifiers 1127 Thble 1: Definitions of symbols used to describe die faces, probabilities, probabilistic differences, and associated estimates. Symbol Wrj P(Wrj) kq P(Wrj) where and Definition The lrUe jth most likely die. Being a craps dealer I can give you some advice. Stay away from center action, meaning prop bets and such, also the field bets. Always play minimum pass line, with max odds. The basis of the Three point molly craps strategy is using both the pass line and the come bet as part of your betting. At the start of the game you place a bet on the pass line and wait for the shooter to throw the point. Once appointed been established you now place a bet on the come line.

Obviously, the first step is to stay away from the fancy bets in the center of the table. In case you'reBasil Nestor is the author of the new Playboy Complete Guide to Casino Gambling. This wonderful book teaches players how to avoid sucker bets and win more when playing gambling games. He is also the author of The Smarter Bet Guide series for video poker, slots, craps, and many other books about gambling. Basil's website is www.smarterbet.com still temped, here's something to consider. It's an equation you learned as a child.

1 + 2 = 3

And, of course, switching the order of the numbers doesn't change the sum.

Viva slots win real money. 2 + 1 = 3

No matter how we divide or merge three units, the result will always be three, and never four.

1 + 1 + 1 = 3

Yes, it's simple enough, but craps' cornucopia of betting options tends to obscure this basic truth:

A combination of bets will never outperform the combination's individual components.

And yet some people can't resist the challenge of trying to pull four out of three. For example…

Trimming the Hedges

The worst craps betting strategies usually involve hedge bets. These are tricky systems that combine bets to supposedly reduce risk. They actually do work to the extent that they protect against one particular result, but the alternative is usually even more expensive. For example, some bettors 'insure' the pass line by also betting any craps. That supposedly turns the first roll into a can't-lose bet. Right? Wrong! Let's do the arithmetic. The table titled 'Craps Insurance' shows why insuring the pass line is usually an expensive mistake.

Craps Insurance

Ways To Win
No Effect (point)
Line Bet $20
4
$80
12
0
The above numbers represent average results after thirty-six come-out rolls.
In this example $20 is wagered on the pass line and $5 is wagered on any craps. The combination guarantees that the first roll will always win $15 or establish a point at a cost of $5. Unfortunately those points come frequently enough to wipe out the advantage of winning on craps. The line bet does much better by itself.
Keep in mind that a bet on the pass-line has its greatest probability of winning on the come out. The above system hedges the bet precisely when it needs it the least.
Okay, so how about betting any seven (often referred to as big red) once a point has been made? That would avoid a loss on seven-out, right? Yes, but only if a 7 or the point appears immediately. Those pesky dice are generally not so cooperative.
Point
Ways To Lose
Total Average Dollars Lost
6/8
6
-$20
6/8
25
-$80
The above numbers represent average results after thirty-six rolls.
The table titled 'Seven-Out Insurance' shows that big red costs much more than it earns (on average) after thirty-six rolls. In this example it quadruples the expense of rolling 6/8. Any seven with 5/9 or 4/10 is even worse.
That realization causes hedge bettors to search for new ways to protect their money against loss. Betting the field? Betting the hardways? Buying the numbers? It can't be done. The smart way to play craps is to pick a wager with a low house edge and make it even lower.
'Lat not this wrecched wo thin herte gnawe, but manly set the world on six and seven.' (In other words, have courage in the face of adversity, and bet the best numbers.) Geoffrey Chaucer – from his poem Troilus and Criseyde published in 1385.
The preceding material is just a sample of what you'll find in Basil Nestor's Smarter Bet Guide to Craps.

Optimal Craps Strategy

Winning when you play online Craps is a mixture of both implementing the best strategies possible and controlling your emotions during the session. If you make sensible bets and stick to your original strategy without straying from your game plan, you are well on your way to optimising your Craps game. However, it is also important to recognize when a strategy is flawed and cut your losses.

Craps

Strict Craps Bankroll Management

The best way to control our bankroll is to make optimal bets. This means sticking to bets that have a low house edge. Betting on the Pass Line and the Don't Pass Line only carries a house edge of 1.41%. The Come and Don't Come bets also fall into this category. When you compare this house edge to some of the proposition bets that have a house edge of over 10% then you can begin to understand why it is more sensible to make these bets.

Proposition Bets are Bad

Another rule you should abide by when playing Craps online is to stay clear of proposition bets. True, these bets offer odds better than the other types of bets on the Craps table. However, the house edge on proposition bets is equally high, above what many players would consider to be fair. If you are serious about winning when you play Craps, simply stick to the line bets because they have the lowest house edge.

Free Odds Bets are Good

Take full advantage of the free odds bets. If you aren't familiar with the free odds bet, you should read this article on how it works. This bet allows you to increase the size of your bet when a point number has been established. When you increase your bet, you will not be giving the house any greater edge. This is actually the smartest bet that you can make when you are playing Craps games. Most experienced players make pass line or don't pass line bets and take advantage of free odds bets during every game.

Don't Let Emotion Beat You

Perhaps one of the fundamental mistakes that gamblers make is that they let emotion take over from making smart decisions. When it comes to playing Craps, this is no exception. You should have a clear goal of how much money you want to win before you start the session. This rule should be ingrained in your psyche so as soon as you meet your original Craps goals, you can stop playing the game.

Stop Chasing Losses

Chasing losses and making bets that you normally wouldn't make is not what this online casino guide recommends. The house has a better edge on the bets that have higher odds, so in the long term we will lose a lot more than we will gain. The best way to win at Craps is to stick to our guns. Don't let the game influence how we play. It can be tempting to make larger odds bets to make up for continued losses on smarter bets. This is a very poor strategy that can result in crushing losses above and beyond what you originally meant to make up for.

Go in with a clear mind, play your optimal Craps strategy and you will likely be successful over the long run. After all, you likely play Craps for the fun and excitement of the game. With that in mind, no one can debate that winning at Craps is a lot more fun that losing.





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