Online Gambling

Craps Strategy

When building a craps strategy, the most important aspect is understanding the odds. This guide will briefly discuss strategies related to both playing the odds and more general hints. As a supplement, it is suggested you read the craps overview and the craps odds guide.

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Speaking of craps strategy, understanding the odds can help you make the right decision when betting. Here are some general strategies when playing:

• When In Doubt, Assume a 7 – A seven is the most common number that can occur when two dice are being rolled. 17% of all rolls will be a seven. If there is a situation where a seven would be beneficial to your bet, that is usually the best option. However, if you are on point, betting on the shooter coming would be a bet with poorer odds.

• Betting Against The House – Just because the basic odds seem good doesn’t mean that it’s always the best bet. For instance, your odds of winning a bet on rolling a 7 is roughly 1 in 5, but the payout is only 1 in 4. That’s a significant reduction in payout versus the odds. Be sure you know how much you can potentially earn versus the actual odds.

• Quit While You’re Ahead – The concept of “Gambler’s Ruin” is never more evident than in craps. The house always has an advantage over a regular player, so be sure to temper your play. If you’ve been winning all night, it might be time to cash out all or part of your winnings. Anyone who plays long enough is statistically likely to lose money in the long run. If you’re up, it means you’ve beat the odds.

• Practice – Like everything else, you can only get better at craps by playing. Go to an online gaming room like Golden Palace, play some craps and get involved. Playing craps will lead to better play and a greater understanding of when and what to bet.

• Wager Only Want You Are Okay With Losing- A player who isn’t thinking clearly can’t make good decisions. If you have your rent money on the line, it is possible to become too invested in the outcome. Only play what you don’t mind losing, and you’ll never have to worry about getting overly emotional and making mistakes.

For more information on craps, read Craps Tips.