Craps Secrets
- If playback doesn't begin shortly, try restarting your device. Autoplay is paused. You're signed out. Videos you watch may be added to the TV's watch.
- Craps Secrets That Craps Players Should Know. Here are some craps secrets that you need to know for your own benefit during a craps game. Stopping the play of craps. Yes, it can be done, to stop the play of a craps game at the table. The condition is you should have a very good reason why the play must be stopped.
Craps players can try a classic ruse that I invented when I saw someone else do it. You can put your place bets on the numbers during the come-out roll but keep them off! If you are a place bettor, going right up on the numbers gets you noticed right away, rated right away, but with no risk.
The Parity Hedge Strategy comes with a legend behind it. To this day, no one really knows if the story behind the strategy is real or a just an urban legend, but we’ll take a look at the merits of the strategy itself.
It supposedly started in the 1970s, when a group of physicists from the Nevada Test Range discovered a strategy that flips the odds in craps to the player’s favor. In an attempt to find the funding to go after the casinos with and keep the strategy a secret at the same time, they partnered with a Japanese gambling whale that was more than happy to participate.
After teaching him the strategy, this gambling whale supposedly won millions from the casinos in just a few days and then was never seen or heard from again. Did he get away with the millions he won, or did he come to a morbid end for taking the casinos to the cleaners? No one knows, but most believe it was the latter.
The Craps Parity Hedge Strategy that was developed, involved a series of steps to take depending specific circumstances at the table, but no formal outline, or directions, were ever found. What exists today, as the steps within the strategy, were put together from the casino’s security tapes of the gambling whale at play.
What’s intriguing about this strategy, is that it replicates the same type of strategies used by hedge funds and professional investors where they diversify their investments and ‘straddle’ both sides of a bet to protect against big loses from occurring.
It works best starting this strategy on ‘cool’ to ‘cold’ tables, which are easy to find since craps tables usually run cool to cold about 70% of the time. (If you need help identifying cold tables, read the post on ‘Assessing Craps Tables’.)
Three words of caution before we take a detailed look at this strategy;
- This strategy is NOT recommended for novice craps players as it involves multiple steps and a good understanding of the game of craps
- You will need a bit larger bankroll to fund this strategy than some of the simpler strategies in use
- You may need to read through it a couple of times to fully understand it
THE PARITY HEDGE STRATEGY (Examples based on a $10 minimum table)
There are 3 distinct, but interdependent stages to this strategy
STAGE 1 (A) – (Goal – To establish Don’t Pass & 2 Don’t Come ODDS bets)
ON THE COME OUT ROLL
- Place $10 on BOTH the PASS LINE & the DON’T PASS LINE
- By placing both, you’re protecting your DP bet since there are 8 ways to lose and only 3 ways to win your DP on the Come-Out roll. (let’s see how it works
- (2) or (3) – Lose your $10 PL, Win your $10 DP (replace your PL bet)
- (7) or (11) – Win your $10 PL, Lose your $10 DP (replace your DP bet)
- (12) – Lose your $10 PL, Your $10 DP is a push ($10 at risk here) (replace your PL bet)
- (4), (5), (6), (8), (9) or (10) – Both the PL & DP move to the number rolled
- By placing both, you’re protecting your DP bet since there are 8 ways to lose and only 3 ways to win your DP on the Come-Out roll. (let’s see how it works
ONCE THE POINT IS ESTABLISHED
- Place DOUBLE ODDS ($20) on your Don’t Pass bet
- Place $10 on BOTH the COME & the DON’T COME before the next roll
- Again, by placing both, you’re protecting your DC bet (let’s look at the outcomes this time)
- (2) or (3) – Lose your $10 Come, Win your $10 DC (replace your Come bet
- (11) – Win your $10 Come, Lose your $10 DC (replace your DC bet)
- (12) – Lose your $10 Come, Your $10 DC is a push ($10 at risk here) (replace your Come bet)
- (7) – If a (7) is rolled at this point
- Win $10 Come, Lose $10 DC
- Lose $10 Pass Line, Win 10 Don’t Pass Line
- WIN your DON’T PASS ODDS
- (4), (5), (6), (8), (9) or (10) – Both the Come & DC move to the # rolled
- Again, by placing both, you’re protecting your DC bet (let’s look at the outcomes this time)
ONCE YOUR COME & DC MOVE TO A NUMBER
Blackjack Secrets
- Place DOUBLE ODDS ($20) on your Don’t Come bet
- Place $10 on BOTH the COME & the DON’T COME again before the next roll
- (2) or (3) – Lose your $10 Come, Win your $10 DC (replace your Come bet)
- (11) – Win your $10 Come, Lose your $10 DC (replace your DC bet)
- (12) – Lose your $10 Come, Your $10 DC is a push ($10 at risk here) (replace your Come bet)
- (7) – If a (7) is rolled at this point
- Win $10 Come, Lose $10 DC
- Lose $10 Pass Line, Win 10 Don’t Pass Line
- WIN your DON’T PASS ODDS
- (4), (5), (6), (8), (9) or (10) – Both the Come & DC move to the # rolled
ONCE YOUR 2nd COME & DC MOVE TO A NUMBER
- Place DOUBLE ODDS ($20) on your 2nd Don’t Come bet
- Now if a (7) rolls
- You LOSE your PL and 2 Come bets (-$30)
- You WIN your DP and DC bets (+$30) Net $0
- You WIN your DP and DC DOUBLE ODDS bets (WINNINGS dependent on numbers rolled)
- Now if a (7) rolls
The above is the basic structure and ‘set up’ of the Parity Hedge Strategy. You’re attempting to get 3 Don’t bets up by avoiding the pitfalls of the DP and DC and establishing ODDS that are paid out at true odds payouts.
In addition, most players 7-Out in 6 rolls or less since, on average, the 7 shows in 1 out of every 6 rolls. This strategy positions you to take advantage of this which happens approximately 70% of the time.
STAGE 1 (B) – (Deploy a reverse 5 count)
Stage 1B of the Parity Hedge Strategy is using a REVERSE 5-COUNT system. The original 5 count system was developed by a famous craps player, Frank Scoblete (The Captain) and was developed for playing the ‘right side’ of betting on the craps tables.
For our purposes, we’re using the same theory, but for the don’t side of betting the craps tables and we’re taking action when the 5 count is reached.
THE REVERSE FIVE COUNT
Starting with the COME OUT roll above in STAGE 1A
- COUNT #1
- When your PASS Line & DON’T PASS Line bets move to a number
- Any (2), (3), (11), (12), or (7) rolled prior to the Point being established DOES NOT count
- COUNT #2 THROUGH #5
- Are the next 4 rolls regardless of craps numbers being rolled
- You’re continuing to perform the steps in STAGE 1A during these 4 rolls
- AFTER ROLL #5
- REMOVE ALL ODDS BETS from your DP and DC bets
- DISCONTINUE establishing Come/DC bets
- Do this regardless of whether or not you’ve established all 3 points
At this point, you wait until the shooter 7s-Out or Hit his/her Point
- If the shooter 7s-Out, start the system over from the top
- If the shooter make his point
- Place DOUBLE ODDS on any remaining DC bets you have on the table
- Most shooters are trying to roll a 7 on the Come Out
- Remove your ODDS bets once the point is established again
- Place DOUBLE ODDS on any remaining DC bets you have on the table
STAGE 2 (Poised to capitalize on the ‘Right Side’
If you followed the direction and started out on a cold or cool table, you should have winnings from the casino in your rack, are now able to absorb more risk in your betting and move to Stage 2 of the strategy.
No tables stay cold forever, and at this point, if your count gets to #6 for the same shooter and a point is in play, you may be on the verge of hot shooter.
- Add SINGLE ODDS to your Come Bets and Place Bet remaining numbers
- Utilize a ‘Collect & Press’ or ‘2 Hits & Down’ strategy on your Come & Place bets
You can alter the above to fit your risk tolerance and bankroll, but should not start STAGE 2 until you have casino winnings in your rack.
STAGE 3
Stage 3 of the Parity Hedge Strategy involves betting the Field which comes with a higher house edge along with higher risk. Therefore, you DO NOT start Stage 3 until you have at least $300 in casino winnings in your rack.
With this part of the strategy, you’re looking to take advantage of streaks of Field numbers coming out.
WHEN THE FIRST FIELD NUMBER IS ROLLED
- Place $10 on the Field
- If a non-Field number is rolled, wait until the next Field number is rolled and start over
- If a Field Number is rolled, press your winnings (now $20 field bet)
- Repeat the steps above until you have 3 hits in a row ($40 win)
- Pocket the winnings and start over
While the Parity Hedge Strategy is more complex than other strategies, you can see the merits of a strategy like this.
Craps Secrets
While anything can happen, if you can make ‘some’ money on the down (cold) side, maximize your winnings on the upside, plus hit a few streaks on the field along the way, you can see how you could accumulate several hundred dollars very quickly with this strategy.
As always, it’s recommended that you practice with this strategy and double check that your bankroll is sufficient to support it before ever putting real money on the table.
.
Craps Secrets has merged with the Black Chip Club
Roll To Win Craps Locations
Please visit us at BlackChipClub.com
.
*****************
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!!!
Want to know how to improve your craps game? Craps is all about the betting, not the dice roll. Knowing when and how to bet will make you invincible when you play craps—whether you play craps online or in casinos. These 5 simple tips on how to win at craps will improve your odds of winning while playing craps.
There are 11 numbers possible with a pair of dice; some easier to roll than others.
Those unfamiliar with the game of craps are usually put off by the large betting fields and seemingly endless rules and betting combinations. But the secret to winning at craps is to have some sort of understanding of the house edge, so you know when, where, and why to bet on each roll of the dice. All casino games are based on probability, so a little understanding of the math behind the game goes a long way. Some bets are better than others—and often at different times during the game.
Follow the basic strategy outlined below; it’s easy to remember and to implement. Get ready to boost your bankroll and your craps skills with these 5 easy-to-master tips.
1. Don’t Pass and Don’t Come With Odds
The rule of thumb is as follows: Put the smallest amount on the Don’t Pass or the Don’t Come lines and wager the largest amount behind them. The house edge is on the Don’t Pass/Don’t Come bets, which only pay out 1:1 if you win. But the player has the advantage on the Free Odds bets (those behind the don’t pass/don’t come line), which pay out at the actual mathematical odds. This means if you play it right, the house has no advantage at all.
Free Odds bets are the only bets in the casino where the house has no advantage. It’s important to bet in the right increments, because most casinos won’t pay out in fractional dollars. For example: Free Odds payouts on 6 and 8 are at a 6:5 ratio (i.e. bet $5 get paid $6), so bet in increments of $5. Free Odds payouts on 5 and 9 are at a 3:2 ratio, so bet in increments of $2. Free Odds payouts on 4 and 10 are 2:1, so bet in whatever increments you like.
2. Place the 6 or 8 Bet to Win
Instead of waiting for the shooter to establish a point, pick your own numbers: 6 or 8. When you’re playing in multiples of $6.00 (or the currency of your choice), place the 6 or 8 place-to-win bet. The 1.52% house edge makes this bet a popular choice. The winning bets are paid at 7:6 odds, which means that you’ll be paid out $7 when you bet $6 and the number hits.
The 6 and 8 are the most frequently rolled numbers other than 7. Stay away from other place bets because the house edge is higher: 4% on 5 or 9 and 6.67% on 4 or 10.
3. Place the 6 or 8 Bet to Lose
Craps Tips And Tricks
This tip is the opposite of the previous tip. You’re betting on the shooter to lose, which might make you ‘unpopular’ at a table cheering on the shooter. But you’re not gambling for them; you’re playing the odds. Place a $5 bet on the table and announce “6 (or 8) to lose.” If the 7 shows (which is a very high frequency number) then you win $4.00 as the house edge is only 1.82%. Remember, there are 11 numbers that can be rolled with a pair of dice and some numbers are much easier to roll (come up more frequently) than others. Check out the list below of numbers and the ways to roll them:
2 – one way – 1-1
3 – two ways – 1-2, 2-1
4 – three ways – 1-3, 2-2, 3-1
5 – four ways – 1-4, 2-3, 3-2, 4-1
6 – five ways – 1-5, 2-4, 3-3, 4-2, 5-1
7 – six ways – 1-6, 2-5, 3-4, 4-3, 5-2, 6-1
8 – five ways – 2-6, 3-5, 4-4, 5-3, 6-2
9 – four ways – 3-6, 4-5, 5-4, 6-3
10 – three ways – 4-6, 5-5, 6-4
11 – two ways – 5-6, 6-5
2 – one way – 6-6
4. Lay against the 4 or 10
This tip is similar to the place the 6 or 8 to lose but the payouts are much higher as, while there are six ways to roll a 7, there are only three ways to roll a 4 or a 10 as opposed to five ways to roll a 6 or 8. In this case you take the more “optimistic” approach and place $20 on the table and say “Lay against the 4 (or 10).” If you win, you get back $40!
You must pay the house a 5% commission to make lay bets, but they pay out at true odds. Also, you’re betting against the shooter, so try not to gloat if you win large amounts betting against them. And if you’re playing craps online, you’re not offending anyone.
5. Place the 5 or 9 to Lose
In this bet, you put down $8.00 (remember you have to bet in increments of $2 as the odds are 3:2, meaning for every $2 you bet you get $3 if you win) and bet that the numbers above will lose. Why? The house edge on this type of bet is low – only 2.5% so when the 7 shows (again, that happens often), you’ll win $5.00.
In addition to these tips, always remember that craps is a negative expectation game, so the longer you play, the higher the chances you have of losing. But this is how casinos stay in business, and how the house edges make or break bettors who don’t make smart bets—or know when to walk away.
These are 5 of the most effective bets to make on craps to win. By reducing the house odds you are increasing your own chances of winning big when the table is hot. Try this for yourself at Slots of Vegas Craps Table today and walk away a winner!
See also: “Fall in love with the game of craps”