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Table Games Craps betting

Discussion in 'Table Games' started by LVHooked, Jun 4, 2013.

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  1. LVHooked

    LVHooked High-Roller

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    After reading the other post about losing, I figured I would put my strategy up for comment. Remember I have only played my last two trips, and a few times at a local casino.
    I realized that I wasn’t pressing enough or to much to late. So I tried this my last time, at the local casino and it seemed to work, but then I went and ate breakfast, and when I came back four or five shooters went point and seven out, so I switched to black jack.

    Pass line with odds, a buck on the point hardway if I can, if point is 6 or 8 I place the other and make a come bet. Otherwise place both and a come bet with odds.
    Now I just collect till I get my money back, maybe bet more hardways.
    After I get my money back I press 50% of my winnings, more come bets ect. like I said I only tried this twice and left the table up just over a hundred the first time, then gave it back the second time.

    Comments please.
     
  2. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Honestly, the results sound like every craps strategy. Craps has some wild swings and is a streaky game. Your strategy sounds fine and it seems like you have figured out the results. When you have a hot shooter, you are going to make soime good money. When there are quick seven outs, you're going to lose a lot of money fast. As long as you enjoy playing this style, then it works!
     
  3. topcard

    topcard Older than the Stardust!

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    I know this is a 'repeat', but mine is low-roller status as well:
    $5 line with $10 behind it, $12 each on the 6 & 8. After two total hits, I place the 5 & 9 for $10 each.
    Same bet all of those numbers until four hits. Then press them evenly on the next group hit (5/9 or 6/8).
    When they all get to $30, I place the 4 & 10 for $10 each. Same bet those for 2 total hits & then press them to $30 each on the next two hits of any number, (+$10 each number, on each hit). Depending on the point, as I press a place bet, I press my pass-line odds by an equivalent amount, so that my line bet is comparable to its 'companion' number. I never press higher than $30 on any number.
    On those extremely rare occasions when I've made over $200 on a single pass, I back down all of my place bets to $10 & $12 and start over. (I usually leave my line-odds bet alone).
     
    Finally have the room booked! Look for me Feb 21-23
  4. vsop

    vsop Low-Roller

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    Craps bet

    LVH, looks like you are making 1-2 place bets and a come bet, w/ odds....For myself, I'm not a come bettor....instead of a come bet w/ odds, I would prefer to use that $$ to place two more numbers...I like TCs play of regressing his bet after he hits a certain level and letting his bets build back up....I know a common "mistake" I make is leaving my profits on the table...:nono::nono:
     
  5. gguerra

    gguerra Low-Roller

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    I used to be passline/odds plus one or two come bets. Come bets are useful to hedge seven-outs, however I have switched to passline/adds plus place 6 and 8. When the point is a 6 or 8, I place 5 or 9. You can also press the 6 or 8 instead of placing the 5 or 9 (probably safer).
    Here is more info on Place vs Come bets http://www.crapspit.org/crappvsc.htm

    For some other betting systems that are not too common (at least for me) check out this page
    http://www.crapspit.org/crapfavs.htm
     
  6. mike_m235

    mike_m235 Tourist

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    In Vegas, I play passline plus odds and place bets (and buy bets on the 4 and 10). The comps are so much better on place bets than come bets, it makes it worth it to me for the slight difference in house advantage.

    In Colorado, where they have $1 craps with 25x odds, I play the pass and come strategy exclusively (no comps worth getting plus much better odds)
     
  7. 4Eyes

    4Eyes Low-Roller

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    The reason "comps are so much better on 5,6,8,9 Place bets and 4,10 Buy Bets is because on average you will lose 6.5x faster vs. Come Bets with standard Strip 3x4x5x Odds. I would not call that a "slight difference."

    HA at standard Strip rules, Line and Come Bets w/3x4x5x Odds: 0.37%
    Place bets on 6 and 8: 1.52%
    Place Bets on 5 and 9: 4.00%
    But Bets on 4 and 10: 1.67%
     
  8. Polemarch28

    Polemarch28 Tourist

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    A more general way of phrasing the above is: playing for comps is more expensive than just paying for what you want.

    To that point, I'd generally agree, but I'd point out that there are times when you want to create the appearance of playing at a certain level in order to justify a comp level you've already achieved, and getting booked in the system at an average bet of $200 ($100 place on the 6 and 8) looks very different than an average bet of $40 ($25 pass line 6 with $125 odds and $15 come bet 4 with $45 odds), even though the overall exposure is similar. The nuances of this get lost on the hosts - they often just mentally bucket you as one kind of player or the other.
     
  9. Gregsmt

    Gregsmt Low-Roller

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    That will get you a $40 ave bet not $200. Oops. I should have read your post a little closer :)
     
  10. hillwood24

    hillwood24 High-Roller

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    I played for comps my last time in Vegas and got killed. Never again.

    I like doing the Iron Cross in craps.

    $10 on the 5
    $12 on the 6
    $12 on the 8
    $10 on the field.

    Every time anything but a 7 is rolled, you'll make a profit. Pray for some long streaks.
     
  11. LVHooked

    LVHooked High-Roller

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    You are probably right, the game is streaky. I have only had a couple hot rolls myself, and been on the table when other shooters are hot, a little more then that. What sucks is when a hot roll ends, and your up, but the guy across the table is up huge. I just want to last long enough on the table, so I can take advantage of a very hot shooter.

    My next trip is coming up I’ll post how it goes, thanks for the replies.
     
  12. gguerra

    gguerra Low-Roller

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    IMO playing for comps at craps especially at CET properties is a lost cause except maybe if you are a much higher roller (typically a black chip player). If you routinely buy in for 3k to 5k or above and make average bets of 1k or more then you may get noticed. The house edge is so small compared to other games (like slots) the pit bosses barely notice the low rollers like myself, so I dont even bother to get rated. I've tried it in the past to no avail. I think Mlife is similar? Other casinos may be different.
     
  13. mike_m235

    mike_m235 Tourist

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    I'm completely aware of the math. But the numbers for craps don't take into account the entire story. All of the difference in the HA for come bets on rolls of six and eight and placing six and eight exists only before you put your odds out...so on that single roll. Once the odds are out, the bet is exactly the same.

    For example, I place $60 on the 8 to win $70. You bet $10 come and follow with $50 odds for a $60 bet to win $70. That's exactly the same. The reason your bet has a lower HA is because on the come out roll, you have 8 chances to win $10 and only 4 chances to lose $10. So for that one roll, you actually have a positive expectation. But it's not on your entire bet, it's just on the come portion. So while the percentages are better overall, it's really only on a small portion of the bet.

    In the end, with craps, any strategy works if the dice are right. On a table where the guy throws 6, 8, crap out, the guy with the place bets is going to do okay where the guy with the come bets is going to get killed. If the shooter throws 6, 6, crap out, the come bet guy is going to do better.
     
  14. mike_m235

    mike_m235 Tourist

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    I play mostly craps, buy in for $1000 to $1200 for a session, and do pretty well with comps at MGM properties. Low end suites, for the most part.
     
  15. WrongWayWade

    WrongWayWade VIP Whale

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    Not to quibble, but I'll quibble anyway. Every time any number is rolled you get paid, but you don't make a profit. In order to show a profit, you basically have to hit a minimum of four or five numbers (or quite a few more if you miss the field all the time) before the 7 comes. (You're risking $44 each roll.) When you hit the 5,6 or 8 you only make $4.

    This need to hit multiple times before you have a profit is also true when people spread all the place numbers.
     
    Last edited: Jun 10, 2013
  16. LV_Bound

    LV_Bound VIP Whale

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    I definitely do the 6 & 8 and expanding to include the 5 and Field would be a nominal cost for constant action. I like it. :beer: Will give it a try next trip.

    Just read WrongWayWade's reply to this strategy and he brings up a good point, but sometimes getting some action is better than no action.
    Betting the 6&8 can become dull when they just aren't hitting.
     
  17. fadetheseven

    fadetheseven High-Roller

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    Craps is gambling. There is no magical betting strategy that will guarantee success. Any method you employ will win money when the dice roll well and lose money when they don't.

    Assuming you stick to the low edge bets, the only thing you can control is how much you are willing to risk which correlates to how much you can potentially win or lose. Risk more, win or lose more. It's the volatility that kills you, not necessarily the edge. Pressing strategies increase the volatility, risking more to win or lose more.

    I love the action so will spread my money across the place bets including the point. This isn't the lowest edge approach, but I can't stand there with a number hitting 5 times and not be on it. When those 10s and 4s roll and you work those $5 place bets up to $50 buy bets, it's just as exciting as a 30 roll heater.

    I prefer place bets to come bets because pressing is much easier. Pressing come bets with max odds can get messy. If the 8 is hitting over and over, I want to press that number. With come bets, you will start pressing the numbers that roll between the 8s.
     
  18. hillwood24

    hillwood24 High-Roller

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    Actually, you do make a profit on the first "series" of rolls before a 7 out, just like with any other strategy. If I walk up to the table and play my iron cross bets of $44 and the shooter rolls a 2,3,4,5,6,8,9,10,11, or 12, I could at that point walk away from the table with more than $44 - a profit.

    What I meant by profit in my first post was that you have more money after a non-7 roll than you started with. If people were to invest too heavily on the field, they could still "lose" money whenever a 5,6, or 8 is rolled, even though they technically "hit." They may win $14 on the $8, but lose $20 on the field. The Iron Cross strategy is simply the perfect balance of bets to where you "make" money on each non-7 roll.
     
  19. WrongWayWade

    WrongWayWade VIP Whale

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    Your first is true is you place the iron cross, hit one number and take everything down and walk away. But you're not doing this. You're leaving this $44 bet up for each roll, (replacing the $10 on the field each time). So you are risking $44 on each roll, and need to earn more than $44 before you start talking about making a profit.

    Again, you don't make money when you hit any non-7 (this term implies making a profit), you merely get paid ($10 or $4). You don't have more money after a single hit because the $44 is still on the table and ready to disappear with the 7.

    If there was some weird single $44 bet that paid $10 every time it hit, you couldn't talk about 'making money' on this bet just by hitting it once. You'd need to hit it 6 times before losing it before you made money.
     
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