Craps Tournament Strategy
Advanced Craps Topics. Analysis and advice for experienced players who have mastered basic strategy, and are looking to add an extra edge to their game. Calculation of the player's edge for all the major bets in craps. House edge for all the major craps bets. Dice Setting Expectations for the Dice Setter. A Craps Tournament is similar to a Poker Tournament because the players are playing against one another as opposed to playing against the house. This gives your guests the opportunity to compete against each other like a Poker Tournament. It is not an elimination competition although some players can be eliminated by losing their bankroll.
- Blackjack Tournament Strategy Chart
- Blackjack Tournament Strategy Books
- Blackjack Tournament Strategy Basics
- Blackjack Tournament Strategy
- Craps is undoubtedly the most exciting games at every online casino. Players can have huge percentages of their bankroll out on the table at any given time, and can only hope that the shooter makes them rich. The camaraderie among players and fast-paced action make craps many a player’s favourite. Of course, the casinos love the game, too.
- Craps Tournament Strategy The winner of the Craps tournament is the person who finishes with the most chips. Normally there’s a specific time period for the tournament, which can be set to either 1 hour or 100 bets (or something else). The most important rule for playing well in online Craps tournaments is to check what other players are doing.
It’s no hidden secret that the house always wins in casino games. This is the only way the casino can make enough money to pay their costs including staff, operations and maintenance etc. But in Craps in particular, the house edge can be very high compared to other games. The % of winning at Craps can be improved if you know the best way to play craps.
Some craps bets for instance can have up to a 14% edge. This means if you play craps recklessly in a casino, without learning any craps strategy and how to win at craps, you’ll lose a lot of money in a short space of time.
By reading up our Craps strategy, before you play online craps or live craps, you’ll minimise your losses (and maximise your chance to winning at craps) by sticking to profitable bets with a low house edge. You can avoid the costly bets that only suckers make, and in the long term you’ll increase your expected value from the game. You can also check out the various Craps betting systems which have been published online and used a lot by craps players. So let’s read and learn how to win at craps.
Craps Strategy : Best Craps Bets
The best bets to place, whether you’re just starting out or a seasoned pro, are the Pass Line bet and Don’t Pass Line bets. These bets are similar to Blackjack and roulette in that you basically have a 50/50 chance of doubling up and the house only has a 1.41% advantage.
“Betting Against the Line” means you are betting against the run of play. These odds are actually slightly better than Pass Line bet as the house only has a 1.40% edge. You win by laying the person rolling and hoping that he hits a 7 before his Point. Be careful when placing this bet however, because it tends to mean you are betting against everyone else at the table i.e. when you win they lose.
The second range of optimal betting includes place 6, place 8, buy 4 and buy 10. Buying the 4 and 10 is cheaper than placing them. Just remember that placing the other numbers is cheaper than buying them.
Most players are unaware of this but there are a few bets you can make that have a 0% house advantage. These are the Taking the Odds and Laying the Odds. Unfortunately, you need to have previously placed the minimum bet on Pass Line of Don’t Pass Line to place these, which happens to give the House a marginal advantage overall. Most casinos also limit the amount you can wager on the odds bets. This is related to your Pass Line/Don’t Pass bets e.g. limit of 2-5x.
Take a look at our craps bets guide for in-depth guide about the best craps bets.
We also have to mention that we found some good strategy articles at www.casinosformoney.com for both craps and other casino games.
Worst Craps Bets
Generally speaking, the higher the real odds the larger the House’s mark-up. This means betting on an unlikely event like “Big 6/Big 8” gives the house a massive 9.1% advantage. These are horrible odds for any gambler. Even though the payouts are high I would avoid these hit-and-miss bets.
The worst thing you can do in Craps is make “Big Round”, Hard Way or Field bets. Punters who bet on individual numbers is the big money maker for casinos. The odds can be even worse for Hard numbers like Hard Eight where the real odds of 10:1 are replaced by Casino odds of 9:1. The worst proposition bets give the House a 16% advantage in some casinos. Snake Eyes (1 and 1) is one of the most popular proposition bets but it is also costly. It gives the house a 14% advantage.
Craps Tips
When playing craps at casinos, get comfortable with the pass, come, and free odds wagers. The only good wagers are the pass, don’t pass, come, don’t come, free odds, and placing the 6 and 8 wagers. In the beginning, stay with the pass line and a come wager or two (with odds). The house edge is good for pass (1.41%) and don’t pass (1.36%) wagers.
By laying odds, these numbers will be reduced, too. It’s best to ignore all systems when online gambling and playing craps. This game is full of energy and excitement. Just be sure to be familiar with the above wagers before you start playing this popular game. Have fun!
- It is best to make your betting selection(s) or establish a pattern of play and stick to it.
- For those of you who want to play longer and enjoy the action, it is best to stick to the ‘pass/don’t pass’ and ‘come/don’t come’ bets.
- For those of you who wish to ‘hit and run’ and winning is your priority, go for the high-odds bets.
- Raise your betting if you are winning, lower your betting if you are losing.
- You should never quit after a win.
- Last but not least, do not plan to win with every roll of the dice.
If you are the shooter at a craps table, your must make sure that you throw the dice far enough to bounce off of the far or side wall. This is a requirement when shooting craps. By bouncing off of the wall casinos can be sure that the winning numbers are random.
Gamblers Fallacy
There is a common tendency for gamblers to make predictions. The thing that you should be doing is trying to plan out your bets based upon your previous bets. Let me give you a couple of examples:
Best 5 Craps Strategies
STRATEGY #1: Using Classic Regression
Goal: To earn profit on a single hit.
1) Wait until the shooter establishes a point before placing your bets.
2) Once the point is determined, place $6.00 (two units) on both the 6 and 8 (For a total wager of $12.00).
3) After a single hit, ask the Dealer to go down one unit on both the 6 & 8.
Blackjack Tournament Strategy Chart
Results: You have earned $2.00 and can no longer be taken by the Seven. You also still have $12.00 working for you. After a second hit, bring down all your wagers and wait for the shooter to roll the point or a 7. When this is achieved, start the process over.
On two hits your total earning is $21.00. You can bring down your wagers after the first hit, earning $14.00. Or, you can keep betting on the 6 & 8. If you choose to continue riding your wagers, make sure both the 6 & 8 are covered.
Behind the Strategy: There are exactly ten different combined ways to create a 6 and 8. There are exactly six combined ways for creating a seven.
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STRATEGY #2: Putting the ” Three Point Molly” to Use
Goal: To have three numbers working for your advantage at all times.
1) Place a Pass Line wager.
2) Backup your Pass Line wager by placing single or double odds on it.
3) Place a Come Line wager.
4) Backup your Come Bet wager by placing single or double odds on it (Two Come bets maximum).
5) When a Come Bets wins, immediately place another.
6) Repeat this process until the shooter rolls the point or a seven (Seven-Out).
Behind the Strategy: Every Come Bet you place will protect your original Pass Line wager. This will allow you to take advantage of a hot and lucky shooter.
STRATEGY #3: Winning with “Anything But Seven”
Goal: To win with any rolled number besides a seven.
1) Wait until the shooter establishes a point before placing your bets.
2) Once the point is determined, place $6.00 (two units) on the 5, 6 and 8 (For a total wager of $36.00).
3) Place one unit on the Field ($3.00).
Result: If the shooter keeps the dice for at least three rolls, you can earn $15.00-$27.00. If a two or twelve are thrown, you will earn even more. It is advisable to remove all your wagers after three rolls. Since this is a high risk bet with $39.00 invested, it is a safe precaution to do so.
Behind the Strategy: The average shooter rolls the dice 4 to 6 times before throwing a 7.
STRATEGY #4: Playing a “6/8 Play”
Goal: To earn substantial profit on just two hits.
Blackjack Tournament Strategy Books
1) Wait until the shooter rolls one more time after making a point.
2) Make a Pass Line or Don’t Pass Line wager.
3) Place $18.00 on both the 6 & 8 for a net wager of $36.00.
4) After a 6 or 8 is rolled, tell the dealer you want $22.00 Inside.
5) On the very next hit, tell the dealer to take down the 5 and 9.
6) Let the shooter throw the dice three more times, and then bring down the 6 & 8.
Results: After the First Hit you will get back $21.00, and $14.00 from the takedown to 22 Inside. Your net exposure after the first hit is $1.00, with $22.00 in your favor. The second hit will make $7.00 plus the return of $10.00, resulting from the 5 and 9 takedown. After two hits you will have earned $16.00 profit, and will still have $12.00 working in your favor. At this time, you can choose to either have the 6 and 8 continue working for you, or, take your $12.00 off the table.
Behind the Strategy: If the shooter has not rolled the point or a 6 or 8 by the fourth roll, you should take down all wagers and wait for another shooter. You can lay down $24.00 instead of $36.00 to begin with if you do not want to risk as much. With a hot and lucky shooter you may want to keep the 5 and 9 up and playing for more than just one throw.
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STRATEGY #5: Using Regressive and Pressing Methods
Goal: Letting your earnings ride after recovering your beginning investment.
1) After the player makes their point, place $18.00 on both the 6 and 8 for a total investment of $36.00.
2) After the first hit, tell the dealer you want $22.00 inside.
3) Remove the 5 and 9 after the second hit has occurred.
4) Immediately place the 5 and 9 back up after the third hit has occurred.
5) After the fourth hit, press the 6 and 8 up to $12.00 each for a total of $24.00.
6) After the fifth hit; return to Step #1 and repeat the process.
Results: After the first hit, you will get back $21.00 and $14.00 from the takedown to 22 inside. Your exposure risk is $1.00. After the second hit has occurred, you will get back $7.00 plus an additional $10.00 by removing the 5 & 9. Your total profit after two hits is exactly $16.00, with $12.00 working for you.
Blackjack Tournament Strategy Basics
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There are many types of Craps Tournaments that you can play in both online and offline craps. In my opinion these are better than normal craps games because skilled players have a better chance of making money.
In Craps tournaments, all players buy into the event for a certain amount and everyone receives the same amount of chips. At the end of the tournament (e.g. 1 hour after starting) the players’ chips are counted and the winner is announced. The prizes are paid according to the payout structure; usually these are top heavy rewarding the top 3 players more than 50% of the prizepool. Most craps tournaments are free to enter, although sometimes there is an entry fee ranging from $1 – $200.
Blackjack Tournament Strategy
Some online casinos will also run Craps tournaments as part of a series of promotions. These are great for advanced players and beginners alike. The advanced players take solace knowing they can win by their superior knowledge of the game, and by making more optimal bets such as the Free Odds. The beginners, on the other hand, get a chance to learn and experience the game for free without costing them anything. Best online casino for playing Craps Tournaments is Miami Club!
Craps Tournament Strategy
The winner of the Craps tournament is the person who finishes with the most chips. Normally there’s a specific time period for the tournament, which can be set to either 1 hour or 100 bets (or something else).
The most important rule for playing well in online Craps tournaments is to check what other players are doing. Similar to a poker tournament, you must base your playing style on your opponents’ and their chip stacks. For example, if there is a player with 50,000 chips and you only have 10,000 then you have to increase your chip stack quickly. You’ll have double or take massive risks on large payout bets – this is also known as aggressive strategy.
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Aggressive players stick favour high odds bets such as Proposition, Field Bets and High Bets. They will risk a high proportion of their chips on less bets. For example, during the final stage of a tournament a small stack player might shove all-in on Snake Eyes or other Single Role bets. These can pay up to 30:1, meaning a player on 5,000 chips can climb to 150,000 and take the lead with ease. The downside to an aggressive strategy is that you’ll lose a lot in the long term. However, given that tournaments have a short time limit the variance is in your favour.
Conservative players will stick to safe bets and optimise bankroll management. The most optimal bets (where the house edge is minimal) includes Pass Line/Don’t Pass Bets and Free Odd/Lay the Odds Bets which can be reduced to a 0% house advantage. The Upside to these bets is that you will lose less (possibly win) in the long term. The downside however is that by reducing the house edge percentage you also reduce your own payouts. For example, a Pass Line Bet pays 1:1 as opposed to a Horn Bet which pays out 3:1.
Your typical conservative player will be in the lead and won’t want to slip. Personally I also prefer playing conservatively and insuring my losses with lots of Free Odds Bets. At the end of the day, most craps tournaments are full of very weak players who run out of chips quickly. By playing it safe, you have a higher chance of winning a Craps tournament.