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- Place And Buy Bets Craps
- How To Bet Odds In Craps Machine
- The 'Free Odds' Bet In Craps Explained 2020
With only a little searching on the internet, you’ll find pages that claim to have “solved” craps.
You’ll also find sites promising to teach you how to win “consistently” at craps.
Offering a payout of 1/2, this bet has the lowest odds on the craps table. The chance of you winning is 66.7%, so the house edge is 2.44%. Yes, you have the best chance of winning, but the payout means that the casino still holds the advantage. Consequently, the odds bet has a house edge of 0%. Overall, the pass line bet is definitely one of the best bets on the craps table with a house edge of 1.41%. In addition, adding odds onto this wager is without a doubt the best way to extend your gambling bankroll.
The Odds, also known as Free Odds, is a side bet in craps and surprisingly it has no house edge. Yes, that is right: it has 0% house edge! You get paid out at true odds. It must be made in conjunction with a Pass/Don't Pass or a Come/Don't Come. In order to activate the odds bet, you need the shooter to roll one of the point numbers (4, 5, 6, 8, 9, 10). Remember that the odds of rolling any point number is better than the odds combined of rolling a 7.
They claim that you can make profits on a regular basis by shooting dice and betting on other shooters.
This isn’t one of those pages.
That’s because I’m not a liar.
Here’s the truth about how to win at real money craps almost every time you play.
Winning Craps Systems
I can tell you where to find the winning craps systems. They’re right next to the unicorns in the zoo and the mermaids in the aquarium.
How do craps systems work?
They use a combination of bets that are meant to hedge against losses. They also usually involve raising and lowering the size of your bets based on what’s happened on previous rolls and previous bets.
Often, they try to capitalize on hot and cold streaks.
Here’s the problem:
All the bets on the craps table – with the exception of the odds bet – have a house edge. In effect, you could think of every craps bet as a negative number.
Some of those negative numbers are bigger than others, but they’re all negative.
And if you double or triple those bets because of something that happened on a previous bet, you still have a negative number.
And yes, you will see winning and losing streaks at the craps table.
The problem is that you have no way to predict when these winning and losing streaks will begin or end. They’re only available in hindsight.
The nature of gambling games – craps especially – is to be streaky.
But a streak can win or end at any time.
Here Are 10 Easy Steps to Beat Craps – Yeah, Right
I don’t have a problem with writers offering tips for how to beat craps. Heck, I offer tips for craps players in some of my posts, too. My problem is the overselling of these tips.
But heck, even that’s not too bad.
What’s really bad are people who take your money in exchange for some kind of unbeatable craps system. These craps systems are NOT unbeatable. In fact, in the long run, they can’t win.
You can’t defeat the math at the craps table by combining various bets at the table. There are NO craps bets with a positive expectation. The closest you can get is a bet called the odds bet which has no house edge at all. Online casino switzerland.
But just because that bet is a break-even bet doesn’t mean it can help you get an edge at the other bets. In fact, you’re not able to place an odds bet unless you’ve placed a pass bet first, which has a house edge.
But there’s one possible exception to this…
Taking the Odds Bet on Someone Else’s Bet
I read a book by Frank Scoblete where he suggested becoming the “odds man.” I haven’t tried this in a casino, so I don’t know if it’s a viable strategy or not. I do know that it won’t get you an edge over the casino.
Here’s how it works:
You find a craps player who’s betting the pass line or the don’t pass line – but who isn’t taking or placing odds.
You ask that player if you can make odds bets on his bets.
If the casino allows this, and if the other player allows this, you can place or take odds without having to make the negative expectation bet that precedes the odds bet.
But this still doesn’t give you an edge.
The odds bet is, in the long run, a break-even proposition.
There’s a big difference between breaking even and making a profit. Pokersnowie promo code. Sure, in the short run, you might see a quick profit, but over enough time, this strategy is just a break-even strategy.
A break-even strategy is far better than a losing strategy. I suppose if you take advantage of some comp drinks, it might even be considered marginally profitable.
Why Does the House Have a Mathematical Edge in Craps?
The mathematical edge in craps resembles the mathematical edge for every other casino game. It’s just a function of offering bets that pay off at less than the odds of winning.
The easiest example to understand is the even money bet.
Most people realize that if you place an even money bet and have a 50% probability of winning that bet, you’ll break even in the long run. By definition, a 50% probability of winning means you’ll win as often as you lose.
And since even money means you’re betting the same amount you’ll win, you’ll eventually see results close to a net loss or win of $0, regardless of the size of your bets.
But you don’t have a 50% probability of winning the even money bets in craps. The probability of winning an even money bet in craps is always slightly less than 50%.
In this case, the probability of winning the pass line bet is 49.3%, which is close to 50%, but it still gives the casino an edge. The casino will win this bet 50.7% of the time.
In the long run, you can’t win with those odds.
And that’s arguable the best bet at the table. (The probability of winning the don’t pass bet is higher by 5/100 of a percent, but that’s such a small number that it’s not especially interesting.
What if I Hedge My Bets?
Hedging your bets doesn’t work. The idea is that you bet on one outcome, but you also place a bet on another outcome that will compensate for when your initial bet loses.
This sounds good in theory, but it doesn’t work in the long run for one simple reason:
Your original bet AND your hedge both have a house edge.
In other words, you’re just adding one negative expectation bet with another hoping to get a positive expectation.
But that’s not how negative numbers work.
Add any set of negative numbers together, and you’ll get a negative sum.
Okay, But What if You Could Control the Outcome of the Die Rolls?
The biggest potential I see for beating craps is learning how to exert some control over the outcome of the die rolls. The idea is that by holding the dice in a specific position (“setting the dice”), and then by throwing the dice without a lot of force (“a controlled throw”), you can reduce the probability of losing by enough to shift the already low house edge in favor of the bettor.
If you could do this – throw the dice with skill – you will have turned the game of craps into a game at least partially of skill. Think of controlled dice throwing as an attempt to turn the game of craps into a game similar to darts.
Is this possible?
Frank Scoblete thinks so, but he suggests a lot of hare-brained strategies, so I don’t lend him much credence.
But I’ve also seen Michael Shackleford say that he’s seen some pretty impressive demonstrations, and I have a lot of respect for him.
Do I think it’s practical to become a controlled dice shooter?
Let’s talk about what that would involve in the next section.
What Would It Take to Become a Controlled Shooter?
I’ve seen being a controlled shooter called different things. Scoblete calls such shooters “rhythmic rollers.” I’ve also seen them called “dice setters.”
The verbs used to describe this approach varies, too. I’ve seen it called “controlled shooting” or “dice setting” more often than anything else.
The idea is to learn how to roll the dice well enough that you can reduce the odds of rolling a 7 by a significant enough margin that you flip the odds from favoring the house to where they favor the bettor. (This assumes that you’re betting the pass line, of course.)
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The first thing you would need to do to learn how to set dice is to find an instructional video, a book, or a coach. Those aren’t hard to find, but I wouldn’t spend a lot of money on such a thing.
The next thing you’ll need is somewhere to practice. This includes having a realistic craps table with similar dimensions to what you’d find in an actual casino. It also includes having room for that craps table.
Then you need to practice what you’ve learned from the video, book, or coach on that table.
Finally, you’ll need to track your results. This is where the rubber hits the road. To be statistically sure of how well you’re affecting the odds, you’ll need at least 1000 trials.
Place And Buy Bets Craps
And the more trials you record, the more accurate your accounting of your skill at dice throwing will be.
One more thing…
I suspect that dice control might be like other feats of athleticism or skill. Some people just might not have a knack for it. It’s possible that some people just might be able to learn how to do it, even if it is possible, and even if they do practice.
In short, I think dice control is an impractical (if not impossible) advantage play for the overwhelming number of gamblers.
95% of poker players lose money in the long run. This means that only 5% get an edge.
My guess is that a similar percentage of dice shooters have the knack for controlling the dice. It might even be a smaller number than that.
Conclusion
Craps is a great game, and I love it. And you can win a fortune playing craps in almost no time at all.
But the idea that you win at craps consistently or “almost every time you play” is ludicrous.
If the casinos thought you had a way to beat craps, they’d back you off the game – just like they do with card counters.
When’s the last time you saw the casino tell a craps player he’s too skilled?
How To Bet Odds In Craps Machine
Yeah, me neither.
It’s no surprise that multitudes of strategies have been developed around place betting the (6) & (8) as these numbers give the craps player one of the be best advantages of beating the casinos.
First of all, both the (6) and the (8) are the numbers likely to roll most often, next to the (7). There are 5 ways to roll (6), 5 ways to roll an (8), and 6 ways to roll a (7).
It doesn’t stop there. Here’s are some more advantages of Place Betting the (6) and/or (8).
- Place Bets only need to be hit once to win, versus a Pass Line or Come Bet, which needs to be hit twice
- The payout on a Place Bets exceeds that of Pass Line or Come Bets at lower betting levels
- It takes approximately 5X odds before the benefits of PL/Come Bets exceed that of Place Bets
- Place Bets can be made or taken down at any time the player wants versus PL/Come bets which are contract bets
- The player controls the numbers that are bet, versus the roll of the dice being the determining factor
- Already mentioned, the (6) and (8) are most likely to be rolled aside from the (7)
- Betting both the (6) and (8) gives you a 10 to 6 advantage of one of your numbers hitting before the (7)
- The house edge on place betting the (6) or (8) is only 1.52%, one of the lowest on the table
If the toolbox of strategies you bring to the craps tables does not include a (6) and (8) strategy, then it might be time to find one that works for you.
We’ll cover a few of the most popular, and some not-so-popular 6/8 strategies for you to assess and possibly include in your own repertoire of strategies.
Secrets Tip – Never bet the Big 6 or Big 8 located at the corners of the table. They carry a 9.09% House Edge versus Place Betting the same numbers for a 1.52% House Edge.
All examples include betting both the (6) and (8) on a $10 minimum craps table.
6 & 8 Collect and Press
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Collect and rack the $14 in winnings (you now only have $10 of your money at risk)
- 2nd Hit – Press your bet to $24
- 3rd Hit – Collect and rack the $28 in winnings (now your up $20)
- 4th Hit – Press your bet to $48
- From here, you can either continue alternately ‘collecting’ and ‘pressing’ your bets through the end of the roll or take down your bets at any point in the progression you want.
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6 & 8 One Unit Continuous Press
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Win $14 – Press your bet by $6 to $18 (collect & rack $8)
- 2nd Hit – Win $21 – Press your bet by $6 to $24 (collect & rack $15)
- 3rd Hit – Win $28 – Press your bet by $6 to $30 (collect & rack $22)
- 4th Hit – Win $35 – Press your bet by $6 to $36 (collect & rack $29)
- Either continue to press one unit each time one of your numbers hits, or take down one or both of your bets at any point you want.
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6 & 8 – $72 Regression
- Place Bet both the (6) and (8) for $36 each (Total $72)
- 1st Hit – Win $42
- Immediately take both the (6) and (8) down to $12 each
- You’re now positive $18 and only have casino winnings on the table
- Use the (6) and (8) Collect and Press for the remainder of the shooter’s roll
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6 & 8 – 1-3-2-6 Positive Progression Strategy
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Win $14 – Drop $10 and press the bet to $36 (Net winnings = -$34)
- 2nd Hit – Win $42 – Drop your bet to $24 (Net winnings = $18)
- 3rd Hit – Win $28 – Drop $60 and press your bet to $72 (Net winnings = $0)
- 4th Hit – Win $84 – Take all bets down (Net winnings = $168)
- After taking your bets down and collecting your net winnings of $168, you can wait for the shooter’s roll to end or decide to start the betting progression over.
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6 & 8 – $48 Hit and Spread
- Place Bet both the (6) and (8) for $24 each (Total $48)
- 1st Hit – Win $28
- Immediately take the (6) and (8) down to $12 each
- Add the (5) and (9) for $10 each
- After the 1st Hit, you’ll now have 4 inside numbers covered for a $16 investment.
- Utilize a collect and press strategy for the remainder of the roll.
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6 or 8 – Low Roller Inside Spread
- Place the (6) or (8) for $12 (Total $12)
- 1st Hit – Win $14 – Rack $2 and place the opposite number for $12 (Net = -$10)
- 2nd Hit – Win $14 – Collect and rack $14 (Net winnings = $4)
- 3rd Hit – Win $14 – Rack $4 and place the (5) or (9) for $10 (Net winnings = $8)
- 4th Hit – Win $14 – Rack $4 and place the opposite 5/9 for $10 (Net winnings = $12)
- You now have all inside numbers covered AND a $12 profit.
- Utilize the collect and press strategy for each number covered through the end of the roll.
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6 or 8 – Low Roller Run Up
- Place the (6) or (8) for $12 (Total $12)
- 1st Hit – Win $14
- Parlay your winnings and add $4 to your bet
- Bet is now $30 – Total investment $16
- 2nd Hit – Win $35
- Parlay your winnings and add $1 to your bet
- Bet is now $66 – Total investment of $17
- 3rd Hit – Win $77
- Take all bets down
- 1st Hit – Win $14
- Collect $126 in winnings ($14+$35+$77) from a total investment of $17
- At this point, you can either start the strategy over or wait for the next shooter
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Choctaw grand casino. There are many other variations out there, and if you didn’t find one you’re comfortable with above, a quick google search will uncover many, many more.
Keep in mind, no strategy will change the house edge (casino advantage) on the bets placed. The goal is find the betting strategy that works for you and your bankroll and apply it at the right times at the table.
Feel free to share your own (6) and (8) betting strategies in the comments below.
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Craps Secrets has merged with the Black Chip Club
Please visit us at BlackChipClub.com
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If you have any questions, suggestions or recommendations, feel free to leave them in the comments section below.
In the meantime…
The 'Free Odds' Bet In Craps Explained 2020
BEST OF LUCK AT THE CASINOS!!!