Craps betting strategy

When I play craps I will place a bet on the Pass Line and put full odds behind it after the come out roll and a point is established. I also will Buy 4 and 10, Place 6 and 8 (unless they are the Point) and put a Come bet down. Following subsequent rolls I will put full odds behind the Come bet and put a new Come bet on the table for the continued next rolls. I also remove the individual Buy bet or Place bet if that number is now covered by the Come bet. If I’m ahead in my bank roll I may also Place 5 and 9. Looking for some thoughts and feedback on this type of approach and other suggested strategies.

Well, assuming the commission is on the win only on the buy bets. You are playing the lowest H.E. craps you can really play and have a lot of action on the table. But I would never place bet the 5 or 9. The H.E. on a 5 or 9 place bet is 4%. You would be better off making a field bet(which is also not a good bet) at 2.78% H.E.

Go to Santa Anita Star or Leelenau/Turtle Creek in Michigan and make continuous max bets on 4 and 10, always working. You will never lose.

Turtle creek? Do they have the free 4 and 10 also? I have not heard of this casino.

Quote: vert1276

You would be better off making a field bet(which is also not a good bet) at 2.78% H.E.

Field is only 2.78% on tables that pay 3x on 2 and 12. Otherwise standard 2x tables, the field bet house edge is 5.56%.

Quote: Captain

I also will Buy 4 and 10

1.67%, good.

Quote:

Place 6 and 8 (unless they are the Point)

1.52%, good.

Quote:

Come bet down.

Another 1.41%, no worries.

You are smart to remove a buy bet if it is covered by a come bet, and then place odds if you want to expose that same money. Honestly, though, while you are playing a cumulatively low house edge, you are exposing far too much money for conservative play. If you are playing a $5 table, your bankroll better be at least $500. At the least!

I have seen far worse betting practices in craps. Not bad. Not bad at all.

Guys, we need to change our way of thinking. a 1.5% HE is NOT good!! IMO, any house edge over .5% (half of one percent) is unacceptable. Actually go the advanced route and refuse to play any game with ANY house edge.

Take a simple pass line bet of $5 with a come bet. Do the math, that little 1.5% edge on the $5 chip will cost you about $70-100 in expected loss in a day!! Since when was losing $100 a day acceptable?

I play a craps game with a field bet where house has ZERO edge and a buying the 4 and 10 have ZERO house edge. See my trip report on this game.

Voila...



Learn the ways of AP. Go to discountgambling.net and start to change your way of thinking.

Most books that I've read say anything OVER 2.0% is bad for AP. But I'll agree that I would like it below 1.5%.

" If you want to believe that you are denied "playing by the rules" because they back off or 86 card counters, then by all means believe that.
"

Oh, 1 % will kill your bankroll soon enough.

Quote: klimate10

I play a craps game with a field bet where house has ZERO edge and a buying the 4 and 10 have ZERO house edge. See my trip report on this game.

And the math supporting this is found....? There is no such thing as a bet, in any casino, that I know of, with a ZERO house edge. Put the pipe down.

The House edge on that field bet is.... 2.78%....where exactly did you magically erase this house edge?

Buying a 4 or 10 with no vig probably pushes the house edge from 1.67% down to something like 1.3%, too busy to calculate that.

"Oh, 1 % will kill your bankroll soon enough."

Absolutely. I think that somewhere on the WoO website, the professor states that if you had consistent 1% edge on a game, you could turn $1 into 1 million in a year (I think he said that). Never accept even a 1% HE, because a 1% edge, on anything, is huge!!! 1% is not cheap; it's only cheap relative to roulette, it's cheap if you own the casino and have to pay the bonds, and it's cheap for the sheep. Don't be a sheep.

I remember it the early days of computers. a wise guy was rounding off percents of a cent on many many transactions and had embezzled several millions before the got caught. The casino's do it in the reverse. Its simplly he times decisions. Very simple and sucessful rule.

Yo11,

The math is found on this site, from the Wizard himself. You did not notice the triple/triple on the field. They are bets with ZERO house edge. Free buy 4/10 is like odds without a pass line bet. Your math is wrong.

ZERO house edge.

Quote: klimate10

Yo11,

The math is found on this site, from the Wizard himself. You did not notice the triple/triple on the field. They are bets with ZERO house edge. Free buy 4/10 is like odds without a pass line bet. Your math is wrong.

ZERO house edge.

Yes the free odds are nice, they are free, in that you don't have to have a base bet. But this is the case when you buy any number anyway......it doesn't pay even money, it pays odds, and you usually have to pay a vig for this. If you get "free" odds, than you might not have to pay a vig. Cool.

A field bet with 3x on the 2 and 12, is still 2.78%. Please show me the math on this that makes it 0%. Thanks.

Maybe I am a bit confused as to how this casino works, and what they mean by "free odds". Usually, "free odds" which I think is a dumb term, is when you place odds behind a line bet.

Are they just saying that if you buy the 4 and 10 and win, you get paid at odds, and you don't pay a vig? Than nevermind, that is cool.

You're still wrong on the field bet though.

It is on this site...here goes. My simple math.

Field: 16 ways to lose, 20 ways to win = 16 units lost versus versus 20 units gained. The 2 pays triple, thus +2 units, 12 triple, thus +2 units. Thus field is +20 and -20 equaling a net gain, loss of ZERO.

I don't understand your argument about the 4,10. Each pays 2-1. You don't pay a commission, the HE is ZERO. I stated that you DO NOT pay a vig. I don't understand how much simpler I can state it. You can certainly do this math yourself.

See this...

Quote the wizard of odds website:

"Hot Tip: The Santa Ana Star casino in New Mexico allows buy bets on the 4 and 10 with no commission, resulting in zero house edge. For that, I salute them!"

"Some stingy casinos, namely the Harrah's corporate properties, the Riviera, and the Casino Royale, pay only 2 to 1 on both the 2 and 12. This doubles the house edge to 5.56%. The Santa Ana Star casino in New Mexico pays 3 to 1 on both the 2 and 12, for exactly zero house edge. Bravo!"

The above are from this page on the Wizard of Odds website, written by the Wizard himself. Scroll down to the "Buy" and the "Field Bets".

Here is the link to the above quotes:

https://wizardofodds.com/games/craps/

The field bet with a triple 12 AND 2 is zero house edge. A buy bet on the 4 or 10 with no commission is true 2:1 odds and is also a zero house edge bet. So they do exist.

Leelenau Sands and Turtle Creek casinos near Traverse City, Michigan offer the free buy (but no lay) on the 4 and 10. Field is normal triple 12 ONLY.

I already said the free buy zero house edge was legit. I must be on crack though on the field.

It's ok, Yo. Crack is one hell of a drug!

Quote: klimate10

It's ok, Yo. Crack is one hell of a drug!

No....
Cocaine is a helluva drug...

Oh yeah. You're right. Lol. Im so out of it.

OK, for sake of discussion. You love craps but you can’t find a table that lets you buy 4 & 10 free of commission and the field doesn’t offer triple payout on 2 and 12. What plays are you going to make or are you going to resist playing?

Captain,

first off, let me state that I believe that a 1.4% house edge is unacceptably high. Don't let the gambling authors convince you that 1% is a cheap HE. It isn't cheap; it's cheap for the house, and cheap for the sheep. You are not sheep. As an example, a 1% HE, via baccarat, brings tens of BILLIONS into Macau each year. REPEAT: 1% HE is not cheap.

I would resist all the bets except for the pass line bet, with max odds, or DC bets with max odds (or as much odds as you can afford). There are a few casinos in Vegas (Casino Royale, and maybe Rampart or one of the Cannery casino, according to the Wizard), that offer 100x odds.

My logic is that unless you can max out odds, you shouldn't be playing come bets. Some people like to bet pass with odds, and then a come bet, with odds. They are lowering the variance, but they are doing two things: 1. adding excitement because they're bored for the point v. 7 out decision, and 2. they are increasing the cost of playing craps. Each red $5 pass or come bet costs you 7.5 pennies. Take a sample that consists of how many come bets and pass bets that you make by playing this way. It is easy to have about $100 worth of loss expectation in a playing session. Since when was losing $100 acceptable?

To me, it isn't boring waiting for the point v. seven out decision. Usually, when I play craps at Shreveport, I bet $5 pass with $500 odds. I get really nice comps, including room and full food and beverage. I more than come out ahead, over the long run.

You might think in your head, "man, if I had bet some come bets, I'd be up huge, look at all those consecutive 8s and 9s that rolled". Well, that might be true, but you forgot about all those times that all the points rolled once, and then the seven out appeared. Ouch!!!

Waiting for the seven or point decision is pretty exciting, especially if you are playing high odds. I hate it when dealers tell me "man, you are patient. Look at all those people getting paid on the hard ways!! look at all those yos rolling!!" Just smile, don't tip (because of bad advice and the subtle taunt), and shout when the point rolls.

Also, you should be on the look out for promotions. A couple of years ago, the Imperial Palace had a promotion where all the hard bets paid true odds, meaning there was a ZERO hose edge on the hardaway bets. sometimes, via promotion, I've heard of houses paying 100%+ on prop bets, like the yo. You just have to keep your eyes and ears open.

Or why not play Card craps, where you can so a simple count and have a positive advantage.