There are lots of bets to pick from, each with its own house edge andprobability of winning.
Basic Craps Wagers
In Craps, there aretwo phases in which you might bet.
If the Come Out roll lands a 7 or 11, then the Pass Line bets are satisfied.
However, if a 2, 3, or 12 are rolled, then these bets lose.
On a Point roll, the shooter will throw the dice again until a 7 is thrown.
It has a 251:244 chance of winning, and pays out at 1:1.
This means, the house has an edge of 1.41%.
It loses if the roll is a 7 or 11, and pushes if the initial roll is 12.
If the point is established, then it wins if a 7 is rolled.
It has a 976:949 chance of winning, paying out even money.
This means the house has a slightly smaller edge of 1.36%.
Come Bet
This bet is made after the Come Out roll, if the Point is established.
It is a bet on the Point to make a 7 or 11.
The probability of winning is the same as the pass bet, and so is the payout.
This is basically a chance to increase your Pass Line betting stake.
Don’t Come Bet
This is the opposite of the Come Bet.
These bets can only be made after the Point is established, and they have some house edge.
They are bets on specific numbers to be rolled, and carry some house edge.
Craps Betting Strategy
On the surface of it, Craps is quite a complex game for beginners.
But there are lots of free demos that you could try out before you try playing for real money.
The advanced betting strategies only really work if you have a good knowledge of the game.
From there, you might learn all the advanced strategies to maximizing your bankroll.
Stick to the pass line and come bets (or the opposite equivalents).
While they are risky, you have the best chance of turning a profit with them.
The game can yield excellent profits, but to do so you will need a secure bankroll plan.
While it can be tempting to double up or bet aggressively, you should avoid the temptation.
Play responsibly and stay in control of your gaming.
Instead, the control lies in what bets you choose and how you stake your money.
The advanced Craps players usebetting systemsto give a shot to turn a profit through their gaming.
It is also quite straightforward to use, but by no means is it your only option.
TheMartingale strategyis the most famous of the progressive betting systems.
It involves a player doubling up after a loss.
It is designed for bets with a 1:1 payout ratio perfect for Craps gaming.
TheFibonacci systemis not as aggressive as the Martingale and is poised to capitalize on winning streaks.
After a loss, you move one step down the sequence.
But if you want something even more stable, then the Labouchere is your safest bet.
The idea is to mitigate your chances of losing and trying to make back your losses.
It is designed to sustain your bankroll for longer gaming sessions.
If you dabble in Point phase wagers, then you will need to form a more complicated betting system.
Yet it is quite possible given the flexibility that the different wagers offer.
Just remember to budget for your gaming, and to be patient with the wins.
So place your Taking Odds bets carefully, and ensure you don’t go bust.
Daniel has been writing about casinos and sports betting since 2021.
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