I have recently just started to play this. I was in casino and said what the hell. Now seeing as though i know nothing of craps I only did this betting structure. First and 2nd time I did this... bet 6 and 8 every time. Bet pass every time. Only took odds when 6 or 8 hit. Bet a couple field bets.


3rd time I went I bet pass line every time. Took odds only on 6 or 8 (and they were double) When the point was 5 I took minimum odds and doubled my 6 and 8 bet. So I could bet $7 on the field that way as long as I avoid a 7 I am getting paid. Had a couple good rolls when set up like that and your night is good.

Didn't win much but won each time.

You cannot add -EV wagering up to make it +EV. So, no.

ok could you expand. I guess what can I stick to here. Something simple. I take it you mean the Field by being -EV.

Serious Reply:

Every single bet on the craps table is -EV (except 0 EV odds bets), though obviously that does not mean you will lose every time. The fact you won a little 3 times in a row proves nothing other then you were a bit lucky in the short term.

The field bet is one of the worst bets as well to make in terms of EV.


Less Serious Reply:

Try your strategy many more times and see how it does.

P.S. Just try it lots of times with play money with one of the online casino software and see the results in a safer manner. I suspect your thinking will change once you have a bad run.

i was playing $1 craps with 10x max odds yesterday at the el delrado

$1 craps is about the best best you can make

it only costs you 1.4c for each pass and comeline wager

while you can make a nuetral EV bet for $10

It depends where you are playing. It is a bad bet -- but certainly not "one of the worst".

was it jimbo who mentioned playing at a casino

where they had some promotion

where the field bet paid triple on 2 and 12

Yes, I have seen that.

The way you minimize the house edge is by maximizing your odds bet, not only putting it on the 6 and 8.

You don't actually minimize the "house edge" by maximizing odds. What you do is minimize your expectation --- EV based on handle, commonly known as overall expectation. It's a bit misleading.

on the weekdays my casino has 2$ craps with 10x odds, pretty nice, but we dont get as much action as id like,

and yes your strategy is awful, the best strategy is a minimum flat bet with as much odds as u can take, thats the best way to minimize the house edge, as they only have the advantage on the flat bet, other than that, dont play, all i see everyday is people losing consistantly, unless there is a really good roll, other than that, stay away. stick to poker imo

As a Don't side player -- I'd like the address.

hit and run. put all your money out there semi rational way (pass, max odds,place 6 8 9 T, buy 4 5 ) and pray you go hot.

interestingly on wizard of odds he has a chart where you bet 1$ on pass line and take double odds. something like 18%+ of the time you will win 25+ dollars.

if you're really superstitous look into dice control and either bet with a hot shooter who you can honestly delude yourself into thinking is a dice control shooter.

if i had ton of money i would play craps all the time it is great, i must be degen.

http://casino.bodoglife.com/free-craps.jsp

I think the technical term is Element of Risk.

No. That would be the colloquial term.

That's a Break-Even/Losing Strategy. Your on the right path though. Craps can be beat, but you have to play from The House's vantage point, in that you can utilize their own strategies against them

I've beat it and have played in Craps Tournaments where both Me and My Girl placed in the Top 3 going at about 9/10 times. The tournaments are a great way to make money especially because people who play craps bust because they have no f*cking clue about the game, BUT more importantly they don't understand how to play the tournament structure

I stand corrected. Its from Wizard of Odds.

interesting, expand or please tell me some literature I can pick this up at.

So quick(well maybe not so quick) question, I was down at Boulder Station the other night and finally decided to give craps a try. Being almost a total noob when it comes to craps I was just betting the pass line and then taking odds after the point was established. What are some other bets I could make to start to expand on my game(Im trying to learn the game slowly so I can fully understand it)? Like betting on numbers when they arent the point? Another question when somebody says "press it" at the craps table they just want to parlay the bet they just won?

Craps has negative expectation so in the long run the odds are against you. However, the swings in shorter term expectation are great, so much so, the casinos can lose money on crap tables for short periods, maybe for a day. That being said, the best odds in the casino may be on a craps table, if they have no poker and their blackjack games are not too favorable. With a passline bet and true odds times two you have about a -.6 expectation. Some of the worst bets in the casino are also on the craps table, like box cars and other proposition bets in the middle of the table.

So, the way to approach craps is to bet the passline usually, although some bet don't pass, most don't like to be against the player. Then if you get a point take the true odds. Put 99% of your money on those passline and odds bets. The way to win is take advatage of aberations, long runs of passes (or don't passes). An inexperienced player may slow down too much if a long run is happening and lose out on an opportunity. Press up the runs with some of your winnings (maybe 50%) until the run stops and you may end up with hundreds if you're betting small and thousands if you're betting more when a long run of passes (or don't passes if you bet those) is over.

Read the Dice Doctors book [Sam Grafstein]. The key to winning at craps is almost all money managment technique, which even some poker players could use information on. You need to walk away a winner to win. The odds are you lose money at craps so don't press your luck or bet the rent.

Good post except for this:

Sounds more like voodoo.

Jimbo

yeah just bet pass line, odds on passline, and bet (place) the 6 and 8.

around little over 1% house edge.

Not really, just money managment. Do you know why they have minimums and limits on the tables? B/c otherwise you could do a lot better at gambling. If you could reduce your minimum to one cent and bet any max bet the skys the limit. That's why all the craps hard cases played the horseshoe in the past with it's 25 cent to $25,000.00 and up stakes. But, the game is negative expectation, so, in the long run you are in bad shape. Take up poker.

Found a craps skill calculator on the web.

http://www.qfit.com/calccrap.htm

Jimbo

place 689T & buy 4&5? Do you mean place 5689 and buy 4 & T? As far as I know you are already getting 'true odds' on a 5 place.. I dont even think you can buy the 5?