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Craps
Craps Series A to Z - “E” is For Edge
| by Larry Edell, published on Thursday,
October 25 2001 |
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| A casino is a profit making enterprise, and so it
takes a small percentage out of almost every bet you make - whether you
win or lose. This is called the “casino edge”. For example, on the “Any
Seven” it takes 16%, but on the pass line with double odds, it only
takes about 1%. In practical terms, the Any Seven bet means that your
money will be used up faster - sixteen times faster- than the pass line.
In order to use as much of your money as possible to win, you need to
keep as much of it as possible, and give the casino as little edge as
possible. But how do you know which bets have the least possible casino
edge, and provide the most possible advantage to the player? Let’s find
out! As mentioned previously, the pass line with double odds has a
casino edge of only about 1%. The same is also true for the come, don’t
come, and don’t pass. These four bets are the best ones for the
recreational gambler. If however, you want to take a little more risk,
you can make a little more money - by playing with a partner. If you
have a partner, one of you can play on the “do side” (either pass or
come line) and the other can play on the “don’t side” (either don’t pass
or don’t come). You would make the same identical bets, so that they
cancel out. You can make money by adding odds to your bets after the
points are established. For example if the six or eight were the point,
you might add maximum odds on the “do” side. If the four or ten were the
point, you might add maximum odds on the “don’t” side. The only risk to
this method is the twelve. Every once in 36 rolls or so the twelve will
roll, and you will lose the pass or come bet but will not win the don’t
pass or don’t come. In some casinos the two is “barred” instead of the
twelve. If you are betting $10 units, you will lose that $10 once every
36 rolls or so to either the two or the twelve. Still, it’s not a bad
price to pay for a good system that works most of the time. By using
this “Partner Play,” you really are minimizing the casino edge. The 1%
pass/come or don’t pass/don’t come casino advantage gets eliminated, and
you are left with the odds bets with a zero % casino advantage. All you
have to worry about is the twelve (or the two), so if someone is setting
the dice and betting big on the craps numbers, maybe you should wait
that roll out. Even though the pass/don’t pass and come/don’t come lines
have a very low casino edge, there is a way you can get it even lower -
by playing partners! So if you always wondered what kind of bets
provided the lowest edge and most advantage to the player, now you know!
And, as always, good luck at the tables! |
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