It may appear that craps does not need the skill levels or analytical mindset required in playing games such as blackjack or poker. While it is true to an extent, it is not entirely true either. In craps, some amount of strategy is required, if not to win the game, but to ensure that one does not lose too much money in a short span of time. In other words, in order to fare well in a game of craps, one needs to have in place an efficient money management strategy, and a thorough working knowledge of the best bets on the table.
The first one, managing one’s bankroll is the crucial pillar of any crap strategy. A good method to do so is to set for oneself a loss limit and strictly stick to it. As it is often seen, players tend to start the game by bankrolling oneself $100 (say), and as one begins to lose his way, and the money is lost, he is tempted to increase the bankroll again. It is also equally difficult to keep a maximum limit to winnings. If one is winning, why leave?
The best way of money management in craps is to bet using one’s own winnings. For example, if you start with a bankroll of $100, keep that as your loss limit as well. Now, start gaming and should you lose the money, just walk away once the $100 is finished. On the other hand, if you win, go on gaming until you have $75-100 at least above your initial bankroll, and keep that money aside. This way, even if you lose the $100 gained, still you’ll have your original bankroll. If you win more, put that money as well aside and hold it back from the game permanently. Now that’s the profit that you have earned.
The second element of a decent craps strategy is to discern the best bets on the table. For example, take the maximum free odds on your passline bets. Passline bets have a house edge of 1.42, which is good enough in the context of casino games. As a player, always take the maximum they allow. Free odds, on the other hand, are fair bets having zero house edge. If you are new to craps, don’t hesitate to clarify the game rules with the dealer. Remember, many players lose money in craps owing to their flawed understanding of the game rules governing betting.
Finally, play intelligently. While craps can be fun and exciting, at times it can also be frustrating and nerve wracking, especially if you are losing money. Play the game with a cool head, and never increase your bets to cover the losses incurred. The game can be noisy at times with those conversations and noise from around the table. Hence it is advisable that players remain focused throughout the duration of the game. Else they might lose track of their bets, especially if there are quite few of them.
In short, while playing craps, have a strategy in your mind before you walk/sign into a casino and while playing, stick to it fiercely. It is uncontested that luck plays a major part in the game. But it is the right strategy that separates the winners from losers.
| Posted in: Craps |