Craps – and most other casino games for that matter – is a game which is dictated primarily by chance. True, there’s little that you can do to influence the game itself. However, just because it’s a game of luck doesn’t mean that you won’t be able to make some strategies yourself. Craps is a rather profitable game in the short term, but like all internet casino games is not very profitable in the long run. If you can manage your bankroll well, you can stand to earn a rather nifty profit from craps.
Understanding the House Edge
Here’s what you should understand about casinos from the get go: they take their house edge seriously. If the house did not have an edge, then these casinos would not have enough profit to operate. So, if you’re going to play at internet casino, understand that while you may win in the short term, you can never win in the long run unless you’re extremely lucky.
So, what you should study when setting up your craps strategy is how you’re going to take advantage of the best bets, namely the ones with the lowest house edge possible.
Efficient but Unimpressive
The bet with the lowest house edge in craps is the Don’t pass bet, with 1.4%. It’s a very practical bet at Don’t pass. However, you can also bet at Pass, which has a house edge of 1.41%. As you can see, there’s not much of a difference between them. You can keep playing these bets for the rest of the game and never venture into more complicated bets and it would still be okay because you’ll have maximized your chances of winning.
Betting at the Field will net you a 5.6% house edge. It has the potential to pay more, but an even bigger potential to make you lose more. Any 7 bets have a huge house edge: a whopping 16.7%. So, if you want to lose your money in a matter of minutes, these are the types of bet that you should make.
Bets at the Field, Big 6/8, Horn, Craps 2/12 and Any 7 are highly tempting because they have potentially huge payouts. But remember that it’s very difficult to win at them, so you’d best stay away if you know you’re going to be extra upset with losing money quickly.
The only problem with pass/don’t pass bets is that they’re so common and betting them doesn’t exactly look impressive. However, that’s where the money is, so the smart person will go with them.