Craps is a random game whereby the shooter throws two dice against the end of a table and the players must bet on the outcome of the throw. Past dice throws have no impact on future results, meaning that craps strategies cannot be employed to improve the outcome of your game. That being said, there are craps tips that can be used in order to help you limit your losses. It is important to understand the bets and the odds of the game in order to play with the least disadvantage.
Choosing your Bet
There are a number of different bets available in a game of craps and each of these bets has a different house edge. By understanding the odds of each bet you will be able to make an educated decision on which bets to place and therefore keep the house edge as low as possible.
The bet with the lowest house edge of 1.36% is the dont pass bet; however this is not a popular bet as it is a bet against the other players. On the other hand, the house edge for the pass line bet is almost as low at 1.41% and it is recommended to place this bet.
The free odds bet is statistically the best bet to place as it has no statistical advantage over the player. You will be paid out double if you win after placing a free odds bet and if you combine this win with the low house edge of the pass line bet, you will reduce your disadvantage. If you take 2 x odds on the free odds bets the house edge will be only 0.61%. If you can find a casino that allows 100 x odds you can reduce the house edge to as low as 0.02%.
On the other hand, proposition bets have a huge advantage over the player. Do not be tempted to place these bets, despite their appealing high payouts.
Bankroll Management
As with all casino games, bankroll management is an important part of playing the game. Before you begin playing you must set aside a bankroll to gamble with and make sure that you always stick to that bankroll without dipping into any other funds. Set a limit for how much you hope to win, as well as a limit of how much you can lose and make sure to quit the game which you reach either of those limits.
