Optimal Craps Betting Strategy

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Kicking around casinos is cool and fun, but there is always a big chance of losing your money. Every casino game in the world has a house edge, because they need to make profit. But the fact is, for the casino to make profit, someone has to lose…

In games such as Craps, where you’re always playing against the house, in the long run you will not win money (mathematically speaking anyway). Most of the bets have a house edge, for example betting on “any 7” has a 17% house edge. This means you should expect to lose money in craps, as the game has negative expected value in total. Now, of course you can prevent the amount of money you lose, and even make profit on occasions, by learning craps strategy. But even if you play optimally, the chances are you will still lose money. This is why a concept known as Bankroll Management is important.

Our preferred craps system, or craps strategy, is reflected in three of our articles (we suggest that you read them in the sequence listed below) get ready for the best craps strategy: 1. How to Bet to Minimize Losses and Be Around for the Hot Roll. How to Adapt to a Cold Table. Know When to Quit Playing Craps. 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).

What Is Bankroll Management?

Bankroll Management is a term used for limiting how much you take to the casino, and place in bets to prevent going broke too soon. When playing online craps or at the casino, you should limit each bet to 1% of your bankroll. This is the so-called “optimum” bet size because it maximises the amount you can win, whilst also hedging yourself against variance. There is no way you could possibly lose 100 Pass Line bets in a row for instance.

Unfortunately, if you are using a betting system such as the famous Martingale betting system, whereby you utilise a “double or nothing” approach, you can go broke quite quickly. This is because the risks involved are very high – even if it seems like a reasonable strategy from the outset. All it takes is around 5 50/50 losses in a row before you lose all your money using this method. That is why I recommend sticking to the 1% rule. You can enjoy your hot streaks at the casino, leave up on profit, and still escape without losing a high amount of your roll. Of course you won’t win as much using this approach, not like the Texan plutocrat next to you blowing $1k rolls on Blackjack, but you’ll also lose much less.

In terms of how much you should take to the craps table, that figure is entirely up to you. All I will say here is that you should only take as much as you are prepared to lose. For example, if you can stand to lose $100 without wanting to kill yourself, then that is ok. But, don’t take $5k with you expecting to double it up without understanding the risks involved. I would estimate over 90% of people in casinos lose their money. I know that in online poker, 95% of players lose their money. It is only the top 5% of players, who use optimal poker strategy, that successful make money.

Finally, if you feel yourself losing it on the casino floor or playing online craps, it is always best to be open about your gambling addiction and find help as soon as possible. Please visit this page for more information and help – HelpGuide.org Gambling Addiction Page.

Good Craps Bets vs Bad Craps Bets

This section is a brief lesson on which bets you should make and which ones you should not make. Following this tips in your game you will have better chances of winning on each bet.

The only good bets in craps are the pass line bet, the don’t pass bet, the come bet, the don’t come bet, free odds (on the pass line and occasional other spots), and placing the 6 and 8, so before you start to play for real money make sure that you understand them and you don’t have no doubt when you place them.

The best choice when comes about betting is to choose the pass line bet and the come bet, or the free odds with one of those two. The pass line bet has a house edge of 1.41% and the come bet has a house edge of 1.36%, which is good and if you take free odds on one of them you can reduce more the house edge.

Ensure you ‘take down’ any bets that wouldn’t normally be removed from the betting layout on their own. Many proposition bets are left on the board even if you win, and so can be swept away rather quickly. Stay on your toes. The proposition bets from the center of the table have a high house edge. You should not play proposition bets with any consistency.

If you are a novice in craps you should better first practice the game with free craps lessons online. Also, you could take advantage of the free craps instructions, which many casinos offer. This way you will can get comfortable tossing the dice and placing your bets.

You should try to avoid to make bets against the dice because many players are superstitious and so you won’t be an agreeable presence for the fellow players and you could even get nasty look and bad remarks from them.

Use as much as you can from your bankroll in bets with odds. If you’ve got money down on the table, a good portion of it should be on free odds bets, as these are the only ones which are fair and impartial.

Pay attention to your bankroll, and try to play with your winnings as much as possible. Craps is a negative expectation game so walking away up, however little, is definitely a win.

Never play with any systems, because in craps there are no such systems. Only bet what you’re comfortable losing, and make sure that a good portion of that bet is on the odds.

To get familiar with the game and learn the rules and process of play, along with each of the bets and which ones are smart, start with our rules of craps page, and move on to our craps strategy pages.

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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Optimal Craps Betting Strategy Tactics

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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Betting

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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Optimal Craps Betting Strategy Games

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
  • 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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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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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…

BEST OF LUCK AT THE CASINOS!!!