Craps
strategy...know your bets
Craps Rules
One thing that is critical to remember about
Craps, is that it is a game that is savage on
ignorant players. This is because there is a
massive divergence in the house edge attaching to
different Craps bets.
And this
can even apply to different bets on the same
outcome. A good example of this is the 'big 8' bet
and the 'place bet' on 8 (see
Craps rules for bet details). In both cases,
you are betting that an 8 is rolled before the 7,
but the house edge on the 'big 8' is around 10%,
while the house edge on the 'place bet' is around
1%.
So the key
to good Craps strategy is knowing which bets have
a small house edge, and sticking with them. For
those learning the game, the following bets are
easy to understand, and have a house edge of
around 1.5%:
-
pass line
- don't pass
- come
- don't come
- place bets on 6 or 8 only, other place bets have
higher house edge
Once you are familiar with pass line bets, try
moving on to odds bets - this is where the super
skinny house edges can be found - around 0.5%
depending on just high high a multiple of your
pass line bet the casino will let you lay or take
the odds.
Stay away from the other bets, especially 'big 6'
and 'big 8' and the proposition bets. Leave
these to the mugs who don't know what they are
doing.
