- Start with the Passline and Come Bets
If you are new to online craps, it is always good to start with very basic bets. The passline and come bets are two of the bets that have a high probability of winning. Stick to this until you get the hang of playing.
- Venture Slowly into the Odds Bet and Other Multi-Roll Bets
There’s a good chance that you’ll get bored with betting on the passline and come bets only. If you’re itching to place your wager on some other place, do it where it has a good chance of winning. The odds bet make the passline and come bets more exciting, while retaining the conditions.
If you can’t stand the passline and come, try the other multi-roll bets. The don’t come and don’t pass bets are far better than any single-shooter proposition.
- Before Venturing into Single-Shooter Territory, Review Your Probabilities
Single-shooter bets are responsible for the bankruptcy of most online craps players. Single-shooter bets may be tempting because of the payout it offers (a 4:1 payout is very tempting), but the probability of winning is not very good.
Make these proposition bets only if you have studied your dice probabilities well. A combination of single shooter and multi-roll bets is sometimes effective, if you make the right moves.
- Don’t Fall for the Gambler’s Fallacy
The gambler’s fallacy is a belief that because something has not happened recently, it’s bound to happen soon. For example, if a 7 has not appeared in eight rolls now, you might be tempted to bet on any seven because the probability of it appearing has “run out.”
This is not true in any way. The probability of a number appearing resets each time a dice is rolled. So the probability of 7 appearing remains the same, no matter what the rolls were before it.
- Martingale, Iron Cross, and Party Hedge Does Not Work
These popular betting systems are not mathematically sound, and are often the cause of bankruptcy by misinformed players. Always remember, if a system were able to beat the house consistently, the game would not be stable anymore, and wouldn’t even be offered by casinos.
- The Best Online Craps Strategy: Manage Your Bankroll
As soon as craps is a game based on probability, expect to lose numerous times. You can easily profit if you make a system of managing your bankroll. For example, you can bet flat at the beginning, and slowly increase as you gain profit.
Also, it is important to be realistic with your goals. A 20% profit is good enough for you to walk away. Don’t even think about doubling your initial bankroll — that will only happen in very lucky days.
The best bet in craps would always be pass/don’t pass and come/don’t come coupled with an odds bet. It might be repetitive and boring, but just think that winning is not boring in any way. If you lose several times, don’t lose your cool and throw your money away in useless bets. Always maintain discipline, remember your dice probabilities, and manage your bankroll well. Soon enough, you’ll be an online craps hustler before you even know it.