Best Low Risk Craps Strategy

The fact is, the best strategy for playing craps is to keep the house advantage as low as possible. That’s done by playing the Don’t Pass and laying odds or the Pass Line and taking odds. No other craps bets. No wacky betting patterns with different bet combinations for different situations and rules for taking.

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Craps is among the top-rated and widely-favored games of chance, attracting countless players to real-life casinos and online gambling sites.

Why are Casino Dice Special? Casinos use transparent dice because they hide no flaws. It sounds like a good low-edge strategy. I see a lot of people do it. The passline/double odds gives you only a.6% disadvantage and the 6/8 nets you a 1.5% disadvantage. I personally stick to the point with full odds at 3x/4x/5x. As long as the table is not freezing I'll throw out a come bet with full odds and I'll let the dice roll until. Start Your Craps Career by Sticking with the Most Easily Understood Bets on the Table. Let's look at some strategic plans of attack used by craps players. For details on how each individual bet works, please check earlier chapters in the ultimate craps strategy guide. POPULAR CRAPS STRATEGIES PASS AND COME, WITH ODDS. The pass line is a great start to any craps strategy because of it's a low house edge of 1.41 percent.

Being good at Craps takes certain knowledge, skills, and the right attitude. It also requires players to find and follow the best Craps strategy according to their playstyle, budget, and needs. The game has rules and specifics that gamblers should learn before they plunge into the deep waters of professional play.

The Craps table, regardless of whether you play in a traditional offline casino or an online facility, has multiple betting sections. To play casino Craps successfully, you need to know when, how, and where to put your chips on the table. The many aspects of Craps may give inexperienced players the impression that it’s challenging, but we’re here to help.

Read on to discover how to pick the best strategy for Craps, which casinos to visit, and all the secrets that will help you become a master.

Play Free Craps

As a new player, you don’t need to master any advanced Craps strategy. Your first concern should be to find a free version and see if you’ll enjoy it. Luckily, many internet iGaming sites offer free online Craps where you can experiment to your heart’s content. There’s no need to download special software – you can play the game via your web browser, using free chips.

There is another option, too – some casinos provide promotions that require no deposit. Thus, you can check out and try playing Craps without making costly mistakes due to a lack of experience or a misunderstanding of the rules. To wager for free is the perfect method to learn the basic bets and any craps betting strategy without wasting money. We provide a playable demo on our website too. Just click the play button on the right to try it out.

How to Play Craps Like a Professional

Finding a suitable approach to playing Craps is unquestionably the key to success, but there are other factors that you should consider before you begin your game. The essential factors that have a substantial influence on the quality of the game and the chances to win include choosing whether to play online or offline, finding a reliable casino and testing Craps betting strategy tips while playing for free to brush up on your skills. Let us take a close look at these factors and discuss their importance:

How to Choose an Online Casino for Craps

Experienced bettors understand that it is crucial to wager only in reputable and licensed casinos. To find such an establishment, you could follow online reviews and customer opinions on the internet. Such reports are valuable because they provide first-hand information about the workings of casinos and can give you an idea of what to expect.

Decisive characteristics that you should look for include the type of Craps software used by the casino and the available payment options. Furthermore, the top operators feature demo modes that will allow you to trial Craps betting strategy ideas with no financial risk. The quality and fairness of a game depend on the developers behind it. Choosing established iGaming studios ensures that you can enjoy flawless and smooth products with superior quality.

The variety of payment options and transparent banking conditions are also essential, as complications are the last thing you need when it comes to deposits and withdrawals. Look for Craps sites that provide secure and widely-used methods, such as debit & credit cards, e-Wallets, wire transfers, and so on. Do not hesitate to select a casino that provides the method which is most suitable for you.

Best Craps Casinos

Playing Craps Online or Offline

In the past, brick-and-mortar casinos were the single option for anyone willing to try their luck. People did not have any alternatives on where to play the games they favor. Still, this is when Craps gained popularity as the ultimate social gambling game. Folks gathered up, wagered in unison, and cheered when they won. This aspect of the game was and still is a big reason for many to visit real-life venues. The biggest craps winners are still found at the craps table in land based casinos.

On the other hand, technological advancements resulted in the boom of online casinos, which have different advantages. Playing casino Craps online has numerous perks. The games are accessible at any time of the day, and you can find the best Craps betting strategy with no pressure. Online gaming gives you the freedom to play whenever you wish and does not tie you down to your computer at home.

Online Craps games also enable you to understand the craps rules and place bets without worrying about the crowd. Thus, you will obtain experience and skills, which will make you more confident. You will also decide which approach works best for you without risking any of your personal funds.

We should mention that certain online casinos offer generous bonuses that you can use to place wagers and enjoy Craps or other intriguing casino games.

Online games also allow you to go at your own pace. No angry bettors will disturb you if your casino Craps strategy goes against their superstitions (this happens a lot). Many punters prefer playing on their mobile devices, which gives them unparalleled mobility and freedom. You can also participate in Craps tournaments organized by online casinos – something that rarely happens in traditional venues. As you can see, playing online Craps has numerous benefits that are worthy of consideration.

After you locate a trustworthy offline or online casino and get used to the basics, you should concentrate on finding the right plan of action. Many people boast that they’ve got the best system, which could be confusing, especially if you’re a non-experienced player. Continue reading to learn more.

Finding A Winning Craps Strategy

After you select a good casino and brush your skills by playing free craps games online, it is time to get familiar with the best strategy for craps. Adopting a craps betting strategy will help you find out more about the game and star playing like a real professional. At first, it may seem intimidating and challenging, but understanding and a winning craps strategy that functions perfectly will make a significant difference.

The essential wager each craps player should understand and know is the so-called pass line bet, which is done as you put your chips directly on that line just before the come out roll. In case the shooter manages to roll 7 or 11, then the wager pays off an even amount of cash. Your bet becomes losing in case the shooter rolls 2, 3 or 12, and this situation is known as “craps out”. When do you win? Your wager is winning when the shooter rolls any other number. In this case, the rolled number turns into a box point, and you win if the shooter rolls the same number before they make the so-called “seven out“.

The pass line bet has a house edge of just 1.41%. The opposing wager is the “don’t pass” bet and its main characteristic is the lower house edge. However, a wise recommendation is not to use this particular wager because it will unquestionably get you some enemies at the playing table. You can practice the bet when playing casino craps online because you do not risk experiencing the anger of other players.

As soon as the point gets established, you are able to take odds. Taking odds is an extra wager, which typically is the best possible bet in the casino. Why? The answer is that the wager pays of actual odds as there is no house edge this time. However, casinos put restrictions as to the amount gamblers can wager in this situation. The majority of traditional and online casinos allow 3-4-5x odds, where players can bet three times as much as the pass line bet you have made on 4 or 10; four times as much as the pass line bet on 5 or 9; and five times as much as the pass line wager on 6 or 8. If your best craps strategy is to continually practice the pass line bet and the max out the odds, then the house edge drops to just 0.374%. The playing table does not have a free place for the wager and gamblers should place it as they put the chips behind the pass line wager. You should position the bet after the establishment of the point.

Initially, it is wise to master this best strategy for craps and get more experienced and confident in your game. Then you can proceed further on and expand the craps betting strategy by including the come odds. This wager is similar to the one we described above but the difference is that gamblers make a bet before any other roll except the come out rolling. The subsequent roll is the come out one. Punters need to put their chips on the come line exactly before the making of the roll to initiate the come bets. Taking odds here is identical to the other wager we discussed and the same numbers apply. After the establishment of the point, you should toss the chips and announce “odds on the 5” or any other number, depending on the point. Then the dealer will put the chip to the particular point.

In the beginning, casino craps may seem quite challenging, and it may take some time to get experience in the game. However, you need to find and adopt the best craps strategy and this will dramatically enhance your skills and will boost your chances to win. Following the best craps betting system will give you an advantage over your opponents. Thus, your game will gradually become better, and you will get more confident and fruitful.

Understanding the Basics: The Best Strategy for Craps Can Be Quite Simple

After you select a good casino, it is time to get familiar with the best strategy for Craps by honing your skills and playing demos. Adopting a certain playstyle will help you understand its strong and weak points, which, by extension, will deepen your knowledge of the core aspects. At first, it may seem intimidating, but we’ve made sure to explain everything in a manner that is easily understood. Also, a long-lasting and stable plan of action doesn’t need to be elaborate. Knowledge of a couple of basic bets is all that’s required to play successfully.

Here’s How the Pass Line Bet Works

The essential wager each Craps player should understand is the “pass line bet.” It serves as the base of many Craps betting strategies and is a great move on its own due to its low house edge of 1.41%.

You place it directly on the “Pass Line” before the initial roll (A.K.A. the come-out roll). Pro tip: the little puck on the table always shows “OFF” before the come-out roll. This stake rewards you with a 1:1 payout when the shooter rolls 7 or 11. It loses on a roll of 2, 3, or 12, which is known as “Craps out.”

If any other number is rolled, the puck is turned, so it shows “ON” and placed on the corresponding position at the top zone (the 4-5-six-8-nine-10 area). Once this “box point” is established, your only goal is to roll the number in question. If you do, you’ll win. If a 7 is rolled beforehand, you’ll lose.

Why Is “Don’t Pass” So Controversial?

In real-life tables, most people base their casino Craps strategy on the pass line stake or wager solely on it. This way, everyone wins or loses together, which creates the whole “community” experience. Since “don’t pass” is essentially the opposite bet, you might make some enemies if you choose it and celebrate loudly on the playing table. However, it’s a great wager when playing online or if you’re not affected by the superstitions of those around you.

Don’t pass wins even-money on a roll of 2 or 3, with the 12 being a “tie,” which preserves the casino’s advantage. Some venues bar the 2 instead of the 12. One of the simplest Craps betting strategy tips we can give you is to look at the dice combination on the “Don’t pass” betting area to confirm the situation.

Conversely, you will lose if a 7 or 11 is rolled. Once a point is established, you will win on a roll of 7 and lose if the point number appears before it. At this stage, you have the advantage, as there are more ways to land a 7 than any other dice combination. What’s great about “don’t pass” is that it has a slim house edge of 1.37%, which is even lower than that of the “pass line.”

Place Bets Are Simple

A good casino Craps strategy is to utilize place bets. This is done by putting money on any of the numbers in the 4-5-six-8-nine-10 area after the come-out roll. You’ll win if it’s rolled before a 7 and lose if the 7 appears first. No other numbers matter for place bets. Keep in mind that while place wagers resemble odds bets (we’ll cover them in a bit), they don’t pay the same amounts.If you’re playing in a real-life casino, put your chips on the “come” area, and ask the dealer to “place the 4” (or any of the other numbers). In online games, you need to click on the little space beneath the numbers.

What do place bets pay in Craps? Let’s take a look:

• 4 & 10 pay 9:5, so always stake in multiples of $5

• 5 & 9 pay 7:5, again, bet in increments of $5

• 6 & 8 pay 7:6, always stake in multiples of $6

The “Come” and “Don’t Come” Wagers: A Game within a Game

It’s possible to have great playing sessions by only utilizing the pass/don’t pass wagers. If you want to go for a more advanced Craps strategy, try to make things interesting with the come and don’t come stakes. Essentially, come works the same way as the pass line, while don’t come is identical to don’t pass. The only difference between them is that come and don’t come are placed after a point has been established in the come-out roll (the puck is “on”).

Let’s take an example and see if you can replicate it by using our demo:

1. Put $5 on the pass line and start rolling. Your task is to establish a point with a roll of 4/5/6/8/9/10. If you roll 2, 3, 7, 11, or 12, just place another pass line bet.

2. Once the puck switches to “ON,” this Craps betting strategy needs you to put $5 on “Come.” On your next roll, several things might happen. If a 7 appears, you’ll win the come bet but lose the pass line. You may also establish another point with the come bet. If 2, 3, or 12 appears, you’ll lose the come stake, but the initial pass line bet will be unaffected.

3. In essence, you can use come to stack up several points up top and cover some of your losses. For example, if you’ve established 5, 6, and 8 as points, you will win when the dice rolls one of these numbers. The weak point of this casino Craps strategy is that you’ll lose all of them when the dreaded 7 appears.

What happens if you establish a point with a come bet and the pass line wins? A new round will start, but your money will remain on the point until that number or a 7 resolves the outcome. Now, it’s time to dive into the best wagers offered by this game.

Odds Bets Are the Best in Gambling

If you need more motivation to start playing Craps, check out the odds bets. These wagers might slip past inexperienced players, as there’s no marked area that signalizes their existence. However, learning how to play them is essential, as they come with no house edge. These bets are often included in the best Craps strategy guides, as the casino won’t take a percentage off your winnings.

You can place odds bets on the pass line, don’t pass bar, come, and don’t come. Adding odds to the pass and come is known as “taking odds,” while “laying odds” is the term used when you use them with the don’t pass or don’t come. To keep things relatively simple, we’ll explain how to take odds with the pass line bet.

It’s important to note that certain online games don’t allow placing odds bets, and all casinos will limit the amount of money you can stake. The reason for this is that players can use a Craps betting strategy and a large bankroll to often turn a profit, which won’t keep the house in business for long. Typically, you’ll encounter the “3-4-5x” odds regulations. This means that you can bet:

• Up to x3 times the amount on your pass line bet for the 4 and 10 point numbers

• Up to x4 times for the 5 and 9 point numbers

• Up to x5 times for the 6 and 8 point numbers

Let’s take an example and play it out with the demo. To take odds on the pass line, bet $5 on it and wait for a point to be established. If this point is a 4 or 10, you’ll typically be able to stake up to $15 as an odds bet, but our demo gives more leeway. The best Craps betting strategy will tell you to max out the odds bet, but don’t feel obliged to, especially if your bankroll is small. The area where you need to put down the chips for an odds bet is right on the point number. The placement in other versions might be behind your initial wager or just outside the pass line.

If you win on a 4 or 10, you’ll be paid 1:1 on your $5 pass line bet. The odds bet pays 2:1 because there are six ways to roll a 7, and three ways to roll a 4/10. This leads to three rules that you must include in your Casino craps strategy to avoid getting rounded down:

• If the point is 6 & 8, bet in multiples of $5 because they pay 6:5

• If the point is 5 & 9, wager even amounts of money ($2, $4, $6, etc.) because they pay 6:4 (3:2)

• If the point is 4 & 10, you can use any chip, because the payout is 6:3 (2:1)

The only risk of the odds bet is that it gets wiped out with regular wagers. For example, rolling a 7 when you have pass line + odds stakes means that you’ll lose both. We’ve covered the best wagers in this game, so let’s move on to those you might want to avoid.

Field Bets: The Ultimate Inbetweeners

When it comes to field bets, Craps betting strategy tips will often seem confusing. Some people declare them as a bad move, while others say they can be viable. Before we share our opinion, let’s find out how field wagers work.

The area for placing them is called “Field” and contains the numbers 2-3-4-9-10-11-12. This is a one-roll bet, meaning that you will lose your stake if the above numbers don’t appear on the next roll. Usually, the 2 and 12 will be encircled, and a “pays double” sign will sit above them. If that’s the case, the house edge on this bet will be 5.56%, which isn’t too great.

If there’s a “pays triple” sign above the 2 or 12, the house advantage shrinks to 2.78%, which is much more palatable. If you’re curious, look for the advanced Craps strategy that uses field bets in our dedicated page for such systems.

A List of Wagers That You Never Want to Place

• Proposition bets — this is the big area that contains eight dice combinations. They do have large payouts, but the house edge on them is gigantic. The only scenario in which you might want to bet on them is if you’re willing to take a long shot when you have a few extra $1 chips.

• C-E — “C” stands for “Craps” (2, 3, 12) while “E” is for “Eleven.” These are also one-roll bets with bad odds, so any Craps betting strategy will tell you to skip them.

• The Big 6 & 8 — This area is nonsensical, so some tables won’t even feature it. It pays 1:1 for a winning 6 or 8. However, you can do a place bet on the 6 and 8 and get $7 for every $6 you stake.

Choosing a Trustworthy Online Casino

As we have mentioned initially, choosing a reliable online casino with a positive reputation is essential if you want to implement the best Craps strategy and play the dice-rolling classic and other online games successfully. These days, most online casinos are full of attractive titles such as Slots, Blackjack, Roulette, and Poker. Choosing a suitable and trustworthy venue can be challenging, but the task gets easier if you know what you are looking for.

Hopefully, the information we will provide will help you find the best casino that fits your way of playing and your individual preferences, and where you can implement the best craps strategy. Our guides and reviews will supply enough valuable data to make gambling safe and fruitful for you.

Cherry Jackpot: The majority of gamblers prefer betting at Cherry Jackpot, and the reasons for their choice are countless. The establishment offers over two hundred games, including casino craps and many others. The quality and the graphics are super, and allow punters to enjoy the betting experience thoroughly. This casino offers the huge bonus of £1500 under certain conditions.

Leo Vegas Casino: It attracts customers with over 600 quality games with great graphics. The casino provides a 200% bonus plus two hundred free spins.

RoxyPalace: This gambling establishment offers more than five hundred games and its incentive amounts to £350 alongside with a hundred free spins or £15-worth free play.

Why is it so crucial for gamblers to find a good and secure online establishment? Some punters tend not to pay attention to security and reputation as they are eager to log in and play. They assume that all virtual casinos are the same, and don’t bother checking if the place they’ve chosen is legal and reliable. This usually results in trouble when it comes to cash out, an issue that the best strategy for Craps won’t be able to resolve.

To choose a credible online gambling facility, you should take a close look at what the casino has to offer and if these features fit your needs. Individual preferences are often deciding, but there are minimum requirements that you shouldn’t ignore. Our experts have compiled a shortlist of the essential characteristics that a casino should offer to guarantee an enjoyable playing experience:

• The casino should be regulated and possess a valid license – look for an iGaming site that has a functioning permit from a reputable jurisdiction such as the UKGC, MGA, GGC, or others. Craps betting strategy tips only work on fair games. Another big plus is to see seals from independent testing agencies that audit the Random Number Generators of games.

• The online casino should have a balanced and modern entertainment portfolio – the list of featured games should include different genres such as Craps, Baccarat, Slots, Roulette, Blackjack, and anything else you might like. It is essential that the casino provides a balanced selection of games, but they should be of good quality, too.

• Transparent terms are a must – each reputable operator provides extensive and clear information about its bonuses and banking conditions. That way, players can easily establish if a deal is worth it and what methods they should use to deposit and cash out.

• A trusted internet casino would have reliable customer support and various contact options – the support team should be available at any time of the day. Reps might not know the best Craps strategy, but they should be able to assist you if the game bugs out, didn’t pay right, and on all banking/bonus/safety/general game questions you might have.

• Attractive bonuses for new players and regulars are always a plus – a generous promotional system is an indication that a casino values its new and existing players. Besides, everyone loves a fair shot at winning.

Develop the Best Craps Strategy by Choosing the Right System

There’s no such thing as a guaranteed method for winning in Craps or any other game of chance. Players may adopt certain systems, but each one has an inherent risk. Thus, we recommend that you view gambling as entertainment that costs money. Take any winnings as an addition to the fun, and never chase losses or spend cash that you can’t afford to lose.

Below, we’ll analyze the best Craps strategy for those on a low-to-medium budget. We’ll discuss its pros and cons, so you can determine if it’s a good match for you. If you want to browse more systems, feel free to check out our Craps Systems page.

A Low-Risk Approach for Players on a Budget

This plan of action utilizes the don’t pass bet in combination with place bets on the 6 and 8. The first step is to put $10 on don’t pass. As we mentioned earlier, you’ll win on a 2 or 3 and lose on 7 and 11, but that’s not the main goal. Once a point is established, follow it up by placing $6 on the 6, and $6 on the 8.

This is probably the best strategy for Craps if you want to protect your bankroll. After the come-out roll, the don’t pass bet will protect you against the 7, which is the most common dice combination. In the event of a 7, don’t pass will pay 1:1 ($10), and you’ll lose $12 from the other two bets for a total loss of $2. However, if there are frequent rolls of 6 and 8, you’ll make some decent winnings.

Another potential weakness is if the point is on 6 or 8. In this case, only one of these numbers will make you money. If you roll 6/8, you’re going to lose on the don’t pass (-$10) but win on the place bet for a total loss of $3.

This casino Craps strategy is great if you have $88-$220 to spend. If you’re in the green zone, it also offers some flexibility, like doubling down on the 6 and 8.

Ready to Roll the Dice?

If you’ve followed our tips and experimented with the free demo, you should have a good idea of what Craps is all about. From here, you might be wondering where to start playing for real money. Our website features reviews of verified online casinos that accept players from every corner of the globe. Make sure to check them out for the latest information regarding Craps, bonuses, banking, and other crucial features.

Those of you eager to find the best strategy for Craps are welcome to browse our dedicated strategy page. We’ve reviewed systems suitable for every budget, risk tolerance level, and playstyle, so we’re certain that you’ll discover something you’ll like. Good luck, shooter!

Many mathematicians have tried and failed to create the perfect betting strategy. Each betting system has its shortcomings no matter how badly someone tries to convince you that their strategy is guaranteed.

But does this mean that all betting strategies are total junk?

No, some strategies do have merit and provide short or even long-term results. The only catch is figuring out which betting systems are worth using.

Let’s discuss 10 wagering strategies that work. Some of these systems only work on specific games like baccarat or roulette, while others can apply to any casino game.

1. Betting 2% or Less of Your Bankroll

A common scenario for casual gamblers is to walk into the casino with around $200 dollars and make bets between $10 and $25.

This seems harmless in theory, if you’re gambling with expendable income. But the problem is that you’re very likely to run out of money this way.

One good idea that comes from sports betting is only risking 2% or less of your bankroll on any given wager.

Professional and serious amateur sports bettors do this to minimize their short-term risk. But you can really apply this system to any casino game.

• Your bankroll is $2,000.
• 2% of your bankroll is $40.
• You can place bets worth $40 or lower.

Pros of Betting 2% or Less of Your Bankroll

The biggest benefit to wagering 2% or less of your bankroll is that it keeps you in the game. You’re not risking chunks worth 5. 20% of your bankroll like most players.

This is helpful in any casino game from blackjack to Caribbean stud poker. But it’s especially useful in skill-based games like daily fantasy sports (DFS), poker, and sports betting.

The reason why is because skill-based games are prone to more streakiness than house-banked games. In these games, it’s common to experience long dry streaks that make you question if they’ll ever end.

The best way to get through them is by risking small amounts of your bankroll on each wager. Furthermore, you’ll dramatically lower your risk of ruin.

Cons of Betting 2% or Less of Your Bankroll

The first problem with this system is that most players don’t have a large enough bankroll to only wager 2% or less per bet. Under this system, you’ll need at least $1,000 in just to make a $20 wager (2%).

Professionals can afford to be disciplined like this because they have large bankrolls. But if you’re just a casual blackjack or craps player, you probably don’t walk into the casino with thousands of dollars.

Another downside is that some players find that this system doesn’t offer enough action. These same players may like varying their wagers from big to small depending upon how lucky they feel.

But, as long as you have a large enough bankroll, this system is definitely worth using.

2. The Martingale

The Martingale betting strategy has two things going for it:

• It’s easy.
• This system will theoretically provide a profit every time.

The Martingale calls on you to double bets after every loss. The goal is to always win back your losses and earn a small profit in the process.

You should also make even-money bets with the Martingale in order to simplify things and minimize your risk.

• You bet $10 and win (+10).
• You bet $10 and lose (0).
• You bet $20 and lose (- 20).
• You bet $40 and lose (- 60).
• You bet $80 and lose (- 140).
• You bet $160 and lose (- 300).
• You bet $320 and win (+20).
• Next bet returns to $10.

Pros of the Martingale

The Martingale’s best aspects include its ease of use and how it can theoretically be successful.

As long as you have the funds to continue doubling bets after losses, you’ll eventually win back your money. You’ll also book small profits along the way every time you win.

The Martingale is one of the best systems for those looking for consistent short-term profits.

Cons of the Martingale

The Martingale’s downside is that it’s an extremely risky strategy. You’ll be betting far more than your original wager after 5 to 6 losing wagers.

This can make you hesitant to pull the trigger on the next double bet. Even worse is that your bankroll will vanish if the losing streak continues.

Another problem is that casinos impose table limits to prevent wealthy gamblers from the using the Martingale to the fullest. Otherwise, Mark Zuckerberg ($56 billion net worth) would always win with the Martingale because his bankroll would likely never run out.

You’ll eventually run into a losing streak that’s long enough to hit the table limit. In this case, you take a big loss because you can no longer double wagers to win everything back.

3. The Martingale in Skill-Based Games

We just covered how the Martingale is a very risky betting strategy. What’s more is that this system doesn’t do anything to alter the house edge.

But what if you could combine the Martingale’s effectiveness with skill?

This betting strategy can be profitable in skill based games like DFS and sports betting. Not only can you win back your losses with the Martingale, but you can also swing the odds in your favor with enough skill.

Here’s an example of how this works in DFS:

• You lose a $10 + $1 (fee) head to head contest (- 11).
• You lose a $20 + $2 head to head contest (- 33).
• You lose a $40 + $4 head to head contest (- 77).
• You win an $80 + $8 head to head contest (- 5).
• You win a $10 + $1 head to head contest (+5).

The tough thing about DFS contests is that you have to pay an extra 10% entry fee to the sites. But as the above example shows, the Martingale strategy can still help you book a profit even if you lose the majority of contests.

Let’s look at one more example involving sports betting:

• You lose an $11 bet (- 11).
• You lose a $22 bet (- 22).
• You lose a $44 bet (- 77).
• You lose an $88 bet (- 165).
• You win a $176 bet and earn a $160 profit (- 5).
• You win an $11 bet and earn a $10 profit (+5),

The drawback to sports betting is that the house takes 10% juice from the losing side. But the Martingale can still help you be profitable when you string together two or more wins.

Pros of Using the Martingale in Skill-Based Games

The great thing about using this system in skill-based contests is that you can overcome short-term variance by consistently winning back losses.

The sports betting example above shows how you can earn back your losses plus a small profit even after several losing wagers.

Another advantage is that you’re not just using the Martingale in a casino game with a house edge. Instead, you’re playing skill based games.

The end result is that you get the enviable combination of getting your losses back and having a chance to win long-term profits.

Cons of Using the Martingale in Skill-Based Games

You’re taking a risk on three fronts with this betting strategy:

• You might be at a skill disadvantage to opponents/other bettors.
• You’re still dealing with the Martingale risks.
• You must pay 10% fees (DFS) or 10% juice on losses (sports betting).

The first point is key because you could be facing an even worse proposition than house-banked casino games if you’re not better than opponents.

Add in the standard Martingale risks along with sportsbook/DFS fees, and non-skilled bettors are looking at a potential bankroll disaster.

4. Betting on Baccarat’s Banker Hand

Baccarat gives you three different betting options, including the banker hand, player hand, and tie bet. And the top system for playing baccarat involves making the banker bet every time.

The reason why is because the banker hand only has a 1.06% house edge. Compare this to the player hand and tie wager, which have 1.24% and 14.36% house edges, respectively.

Given that all you need to do is bet on the banker hand every time, baccarat is great for casual players who don’t want to deal with in-depth strategy.

Pros of Betting on the Banker Hand

The banker hand wager is one of the best in gaming. Only a handful of casino games offer a lower house edge than 1.06%.

The other advantage to wagering on the banker hand is that you don’t have to study strategy. Instead, you simply need to make the same bet every time.

Cons of Betting on the Banker Hand

The banker hand’s 1.06% house edge isn’t as harmless as it seems.

Mini baccarat games see anywhere from 120. 200 hands dealt per hour. This is 2. 3 times the hand rate that you’ll see in blackjack games and this exposes you more to the house edge.

Let’s look at the theoretical losses that you’d be facing in a fast-dealt baccarat game:

• You’re making $10 bets on the banker
• The table is seeing 200 hands per hour.
• This adds up to $2,000 in total hourly bets.
• We take 2,000 x 0.0106.
• Your theoretical losses are $21.20 per hour.

5. Value Betting

Value betting is the process of getting maximum value out of situations where you have a long-term advantage. This term is most often used in poker, but it can also describe how blackjack card counters operate.

Value betting requires being able to spot and take advantage of favorable situations.

One example is when a poker player believes they have the best hand and bets in a way that extracts maximum value from their opponent. Going further, their wagers need to be large enough to get the most value from the opposing player, yet small enough that the opponent won’t fold.

Another example involves how card counters keep track of the deck until the count swings in their favor. They then make larger bets to maximize situations where the deck is rich in 10s and aces.

Pros of Value Betting

Anybody who wants to make long-term profits through gambling can benefit from value betting. This is how poker pros and card counters earn their living.

In poker’s case, being good at value betting can separate you from opponents. Getting the most value out of your great hands will improve your profits in the long run.

Cons of Value Betting

The problem with this betting strategy is that it calls on you to have the following qualities:

• Being good at math.
• Being skilled in the game you’re playing.
• Being able to walk a fine line with betting.

Wagering too little prevents you from capitalizing on your best poker hands. Wagering too much pushes your opponents out of hands and keeps you from making money on future streets.

For card counters, betting too high in favorable situations can attract the casino’s attention. In turn, they’ll find out that you’re a card counter and ban you for life.

6. Taking Craps Odds

The best regular bets in craps include pass line, don’t pass line, come, and don’t come. But there’s another craps wager that’s even better than these called odds.

Craps odds is the best bet in the casino because it doesn’t have a house edge. Instead, you’re paid at your true odds of winning. And one of the top betting strategies that you can use includes continually backing regular bets with odds.

To place an odds wager, you need to first make a pass line or don’t pass line bet after a point has been established. You should also inform the dealer that you’re making an odds bet.

Here are the payouts for when you back a pass line bet with odds (a.k.a. taking odds):

• 2 to 1 on point numbers of 4 and 10.
• 3 to 2 on points of 5 and 9.
• 6 to 5 on points of 6 and 8.

Here are payouts for when you back a don’t pass line wager with odds (a.k.a. laying odds):

• 1 to 2 for points of 4 and 10.
• 2 to 3 for points of 5 and 9.
• 5 to 6 for points of 6 and 8.

Pros of Taking Craps Odds

Odds is the only bet where the casino doesn’t have a house edge. And what’s great is that you can reduce the house advantage to almost nothing by taking higher odds.

Here’s a look at how far the house edge is reduced based on the odds you take:

Cons of Taking Craps Odds

Casinos cap the size of odds because they don’t make long term profits off these wagers. The highest most casinos go is 5x odds, while others don’t even allow this amount.

A few Las Vegas casinos offer anywhere from 10x to 100x odds. And this seems like a dream based on how higher odds reduce the house edge further.

But the problem is that most players don’t have the bankroll to continue taking the highest odds available. If you put $10 on pass line and take 20x odds, you need an additional $200.

The average gambler doesn’t have this kind of money for a single bet, even if there’s no house edge involved.

7. The Labouchere

The Labouchere (a.k.a. cancellation system) is a negative progression betting strategy like the Martingale. The main difference, though, is that it’s less risky.

You start this system by creating a unit size. And the simplest way to do this is by choosing the table’s minimum bet.

The next step involves deciding how many units you want to win during your session. After deciding this, you create a string of numbers that adds up to your desired unit win.

You then add the first and last number in the sequence to determine your bet.

You cross off both of these numbers after a win. And you add the combined number to the end of your string after a loss.

Here’s an example of the Labouchere in action:

• You want to win 18 units.
• Your number string is: 3, 4, 5, 3, 3.
• Your first bet is 6 units (3 + 3).
• You win and your new string is: 4, 5, 3.
• Your next bet is 7 units (4 + 3).
• You lose and your new string is: 4, 5, 3, 7.

Pros of the Labouchere

One good thing about the Labouchere is that it gives you more freedom than most betting systems. You decide your unit size, desired profit, and how to achieve this profit.

Another good aspect to the cancellation system is that it’s not as risky as systems like the Martingale. Rather than doubling your bet following every loss to win back losses, you’re merely wagering a certain amount of units.

Cons of the Labouchere

The biggest problem with this system is that you’re forced to make a series of big bets during a losing streak. Let’s look at how this works by going back to the number sequence in the first example:

• Your number sequence is: 3, 4, 5, 3, 4.
• Your first bet is 7 units.
• You lose and your new string is: 3, 4, 5, 3, 4, 7.
• You lose a 10-unit bet and your new string is: 3, 4, 5, 3, 4, 7, 10.

This isn’t as bad as doubling your bets after every loss. But most players won’t feel comfortable wagering between 7 and 10 units for several bets in a row.

8. Making Even-Money Bets in French Roulette

Roulette offers three main variations, which are American roulette, European roulette, and French roulette. The best version is French roulette because it only has a 1.35% house edge.

French roulette is played on a European wheel (37 numbers). But the difference between European and French roulette is that the latter has the la partage rule.

La partage pays half your bet back on losing even-money wagers that land on zero. This effectively cuts the European roulette house edge (2.70%) in half as long as you stick with even-money bets.

Pros of Even-Money French Roulette Bets

The best aspects to making even-money bets with French roulette include the low house edge and excellent probability of winning.

As for the latter, you have a 48.64% chance of winning red/black, odd/even, and high/low. This is even better than your chances of winning a blackjack hand (42.22%) or baccarat hand (45.85%) when ties are accounted for.

The high probability of winning and the low house edge combine to create low volatility. And this is perfect for players with small bankrolls who want to last in casino games.

Cons of Even-Money French Roulette Bets

The biggest problem is that you can’t find French roulette in most land-based or online casinos.

France, Germany, and Monte Carlo offer a fair number of French roulette games. But the game is sparsely found in most other countries.

Any online casino with Microgaming or Realtime Gaming software will offer French roulette. Cryptologic (NYX Gaming) also has a European roulette variation that’s actually French roulette.

But beyond this, you’ll have a hard time even finding French roulette online.

9. Oscar’s Grind

Oscar’s Grind is another negative progression strategy in the same vein as the Martingale or Labouchere. But this one is more complicated.

You start off by betting 1 unit. And you keep your unit size the same when you’re in a winning or losing streak.

You increase your bet by 1 unit whenever you win following a loss. The bet size stays at this level until you lose, then win again.

The overall theme is to chase losses following losing streaks. Here’s an example to illustrate Oscar’s Grind:

• You bet 1 unit and lose – Bet stays the same (bankroll at. 1)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 2)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 3)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 4)
• You bet 1 unit and win – Next bet becomes 2 units (bankroll at. 3)
• You bet 2 units and lose – Bet stays the same (bankroll at. 5)
• You bet 2 units and lose – Bet stays the same (bankroll at. 7)
• You bet 2 units and win – Next bet becomes 3 units (bankroll at. 5)
• You bet 3 units and win – Bet stays the same (bankroll at. 2).
• You bet 3 units and win – Next bet becomes 1 unit (bankroll at +1).

Once you book a profit following a losing streak, you start the process over again.

Pros of Oscar’s Grind

The good thing about Oscar’s Grind is that it allows you to chase losses without going overboard. You’re only increasing bets by 1 unit following a losing streak, which is less risky than both the Labouchere and Martingale.

The other benefit is that Oscar’s Grind is less likely to reach the table betting limit than the other two systems. This minimizes the problem of running into the table limit during a lengthy losing streak.

Cons of Oscar’s Grind

The first downside to Oscar’s Grind is that it’s more confusing than both the Labouchere and Martingale.

Examples help with learning Oscar’s Grind. But it’s not the easiest to start with if you’re new to betting strategies.

The other problem is that this system is also subject to risk and table limits if you use it over a long time period. The risk is minimized with Oscar’s Grind, but there’s still a small chance that you’ll run into a table limit.

10. No. 12 Seed vs. No. 5 Seed in March Madness

One of the worst kept secrets about March Madness betting is that No. 12 seeds are a good bet to beat No. 5 seeds.

The four No. 12 seeds in the NCAA Tournament usually face long odds to beat the No. 5 seeds. But they also have a high success rate when considering the disparity in rankings.

At least one No. 12 seed has beaten a No. 5 seed in the first round in 16 of the past 17 NCAA Tournaments. Over the past five years (2013 to 17), nine No. 12 seeds have triumphed in the first round.

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Pros of Betting on No. 12 Seeds

You can win quite frequently by betting on No. 12 seeds to beat the spread.

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In the last nine March Madness events, No. 12 seeds have gone 23-12-1 against the spreads (ATS). This includes an impressive 11–4–1 ATS over the past five seasons.

These low seeded teams can also earn you big profits through straight up bets. No. 12 seeds have a decent chance of winning versus the long odds they carry.

Cons of Betting on No. 12 Seeds

The problem with betting on No. 12 seeds is that they lose a majority of the time.

This isn’t to say that you shouldn’t still bet on No. 12 seeds, because they’ve been profitable over a long time period. But you still need the handicapping skills to determine which No. 12 seeds have a chance of winning, or at least covering the spread.

One more drawback is that you only have four chances to make these bets every year. This leaves you with a very limited opportunity to take advantage of No. 12 seed bets.

Conclusion

Betting strategies should never be viewed as a way to make guaranteed profits and replace your day job. But some of them can be highly effective over the short run and spice up your gambling sessions.

The most reasonable strategies include betting less than 2% of your bankroll, wagering on the banker hand, taking craps odds, and making even-money bets in French roulette. These help you pull in consistent wins and limit the risk factor.

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Riskier systems include the Martingale, Labouchere, and Oscar’s Grind. The latter is the safest of these betting systems because you don’t increase your bet as much following losses.

You can also make long-term profits with betting strategies if you’re skilled enough. These strategies include value betting, using the Martingale in skill based games, and wagering on No. 12 seeds in March Madness.

As you can see, there are a variety of working systems that cater to different interests. And wagering strategies can also make gambling more exciting.