$200 Craps session bankroll - Strategy?

Hi folks, just looking for your thoughts on a decent Craps strategy for a $200 buy in. I have my thoughts which I will post a little later but looking to tap some of the knowledge here.

Quote: RonDiaz

Hi folks, just looking for your thoughts on a decent Craps strategy for a $200 buy in. I have my thoughts which I will post a little later but looking to tap some of the knowledge here.

What are your goals? To maximize time at table? To avoid Risk of Ruin? To Maximize winnings? To earn points or to obtain free drinks?

I'd vote for a LINE bet and Free Odds on it. With only 200, you'd probably be better off on the PassLine where you can TAKE odds since the Don'tPassLine requires you to LAY odds which means a bit more money is at risk.

If you want to make it a ComeBet And FreeOdds on it, thats fine too, but at 200.00 you may be underfunded to avoid a ten percent Risk of Ruin.

Thanks for the quick reply.

I am looking for moderate action (2-3 numbers working) with a decent chance of coming away from the table with some winnings. Would pry be at the table 2-3 horus, less if a hot roll materializes right away or something. Not concerned about points, and dranks are $2.50 at my local casino. I know that I have been getting too much action out there last few times I have played and busted.

I have been considering a line bet with single odds on 45910 and double odds if I hit 6 or 8, and then placing the 6 and 8 for 6 each. If the point is a 6 or 8 place the opposite for 12. I would collect first 2 hits on place, then press one unit a third hit. If point is made, another line bet same odds system. If the roll is getting hot, possibly up the odds bet, or throw another come bet out there.

I realize the place bets expose me to a higher house edge than line bet + odds, but I find I get too much money on the table if I only make Come bets (I like the action of three numbers working, but hard to just put down single odds, then end up with too much money on the table for $200 buy in).

I don't think this will avoid 10% risk of ruin, bot possibly 20%? Thoughts, thanks!

Assuming your table minimum is $5, you'll need two units on the odds for a 5/9 (so you get paid 15:10 rather than 7.5:5 which defaults to 7:5 which is the same as the place bet). I'd recommend going double odds for anything... then if the point hits 6/8 then place the other for $12.

Quote: ahiromu

you'll need two units on the odds for a 5/9 (so you get paid 15:10 rather than 7.5:5 which defaults to 7:5 which is the same as the place bet).

Taking $6 odds would work, too-- paying $9.

Yep we can put $6 on odds which is what I would do in the above strategy.

Quote: ahiromu

Assuming your table minimum is $5, you'll need two units on the odds for a 5/9 (so you get paid 15:10 rather than 7.5:5 which defaults to 7:5 which is the same as the place bet). I'd recommend going double odds for anything... then if the point hits 6/8 then place the other for $12.

Thinking about going down tonight so this thread is applicable to me. I may go this route even though I like having 3 numbers working.

Quote: RonDiaz

Hi folks, just looking for your thoughts on a decent Craps strategy for a $200 buy in. I have my thoughts which I will post a little later but looking to tap some of the knowledge here.

What is the minimum at the table? Assuming it was $5 whagt I would do is:

1. $5 Pass Line Bet
2. $10 on the 5/6/8 (actually $12 onb the 6/8.)
3. $5 field bet
4. Take odds as you can tolerate

The danger here is a quick seven-out (but when isn't it unless you are betting darkside?) The fun is you win something on each and every non-7 roll. Between 6 and 7 rolls before a point will be your break-even. If the shooter goes on a long roll it is all profit. If the point is a 5/6/8, which will be over half the time or 7/13 points) you have an even lower buy-in and more profit as you get your free-odds payout.

For those who play craps, you will notice this as a modification of the "Iron Cross." Perhaps someone more math-smart can run which is better. I like this way because first, it is easy to understand. Second, there is a win, and a win for more than 1:1, when the field loses, making the payback shorter as a field loss is a win of $7 or $9 instead of $1 or $2 in a true IC.)

Quote: AZDuffman

What is the minimum at the table? Assuming it was $5 whagt I would do is:


2. $10 on the 5/6/8 (actually $12 onb the 6/8.)

Is that a place bet on the 5/6/8?

Quote: timberjim

Is that a place bet on the 5/6/8?

yes

If it's a $5 table you could try a don't pass and lay triple odds decreasing your lay by 1X every time the shooter makes a point. If a single shooter makes 3 points just wait them out. While doing this make two come bets with single odds and increase the odds by $5 every time you win. This has worked out ok in the past for me, but like any strategy it will not work all of the time. Most important is to set a win limit and stick to it. If you walk up to a table and they are not making points but rolling a lot of numbers in between you can make a lot quick and it's REALLY hard to walk away from the table if you are only three or four shooters in.

Quote: wrongway

If a single shooter makes 3 points just wait them out.
This has worked out ok in the past for me, but like any strategy it will not work all of the time.
Most important is to set a win limit and stick to it.

In my close to 50 years playing and dealing dice,
I find it difficult to "stick to it" and almost impossible to "wait them out" as a player all the time.
The number rule of gambling in my craps book is to "be consistent".

I seem to break that one a lot.

Quote: RonDiaz

Hi folks, just looking for your thoughts on a decent Craps strategy for a $200 buy in. I have my thoughts which I will post a little later but looking to tap some of the knowledge here.

Here is my strategy:

$5 table:
Bet pass line + 1 (and only 1) come bet.
Odds bets:Take $5 odds on the 4/10, $6 on the 4/9, and $10 on the 6/8.
Two hour risk of ruin (simulated) with $200 bankroll ~ 15%
Average loss for two hours ~ $4 (Simulated, assumes 120 rolls per hour)

If I can only play at a $10 table:
Bet pass line + 1 come bet
Odds: Take single odds only on the 6/8. Otherwise no odds bets.
Two hour risk of ruin ~ 20%
Average loss for two hours is double that for the $5 table, or about $8

The reason for the small amount of odds is to reduce the variance to improve risk of ruin for this small bankroll. You could do full double odds on the $5 table and not increase your risk too much (to about 25%). Also, I prefer to have at least two numbers going for the 'fun factor', so even though I know i could do better by increasing my odds and forgoing the come bet, that is just not as much fun.

Too much for me to remember ...
And I'd just do 2x odds if you are at a five dollar table or else make it 1x odds but not try to remember anything. Heck if the bet is a fair one ... why complicate things with calculations. Make it or don't make it.

Here's hoping Variance smiles favorably upon you.

Thanks for the thoughts everyone. I am going down today to play actually since it's a day off, and they have $3 craps during the day. Also I have $300 buyin today.

I am thinking PL with 2x odds and 2-3 come bets with 2x odds...except I assume on the 6 and 8 I have to make $5 or $10 odds for the pays to be right?

Quote: RonDiaz

Thanks for the thoughts everyone. I am going down today to play actually since it's a day off, and they have $3 craps during the day. Also I have $300 buyin today.

I am thinking PL with 2x odds and 2-3 come bets with 2x odds...except I assume on the 6 and 8 I have to make $5 or $10 odds for the pays to be right?

$300 at a $3 table gives you plenty of room to play, and your plan sounds good! Yes on the 6/8 you will want to make it $5 or $10 unless they have something smaller then $1 chips (unlikely).

Good Luck!