Fixed-limit also called just Limit is a type of betting structure for a poker game where the amount of all bets and raises in any given betting round is fixed. This is in contrast to pot-limit and no-limit betting. Most commonly, fixed-limit games have two bet sizescalled the small bet and the big bet. Such games are usually written as having limits of "small-slash-big". In Hold 'em and Omaha games, the big bet is usually twice the size of the small bet, though in other variants such as 7-Studit may be more.

From the moment a shooter rolls on the craps table to the moment the dealer pushes over a pile of chips, playing craps is fun, exciting, and can be very profitable…under the right circumstances. A good craps strategy involves creating those perfect circumstances. Following a calculated and intelligent craps strategy will assure any player can have good, if not always winning, results.

Our first piece of advice comes directly from experience: Before you arrive at a Las Vegas or any other casino craps table, try to know the rules and the basic terminology used in the game. Craps has its own language which may seem complicated to a novice but can easily be learned with practice. There is nothing more annoying than a pushy player who has no idea what they are doing. Make sure to learn the basic terminology and be humble enough to admit that you may not know everything about the game.

Not much can be done to manipulate the actual dice outcome at craps. Instead of trying to predict the result of a single roll, a strategically well-planned strategy involves riding on the outcome and accordingly varying the amount of a bet. You must bet more when you are winning and less when you are losing at a craps table. Knowing the difference between a field bet a bet for a roll of 2, 3, 4, 9, 10, 11 or 12 , the point number the number a shooter is attempting to match, once a point has been set , and the pass line, will help you build confidence in your craps strategy.

Try to use high-odds bets and be mentally prepared that you will not win each time the dice is rolled. Hence, take the best odds you can manage, use them in your favor as far as possible, and play cleverly. Most craps bets can be added to, removed, or deducted from at any point. There are certain exceptions to this—namely the Come and Pass bets—where the player cannot go beyond the maximum bet on the odds.

It is said that a Pass bet gives the house a 1. These Line Bets form the core of a winning strategy. Apart from this, a player must concentrate on the odds in order to improve the best bet. This plan improves your initial bet because the house takes on edge on Odds. Generally, you must buy the biggest Odds possible for the greater the Odds bet, in betting the maximum here you minimize the house advantage.

Some numbers have better odds than others, so consider the True Odds and Free Odds potential of any bet for the maximum value. Most players choose to play the traditional way and Buy the Odds as the paybacks appear to be larger. You will find that there are four ways to roll a 5 and 9, three variations that produce a 4 and 10, and five ways in which you will roll 6 or 8. But there are six rolling iterations that result in a 7!

And like any other business, casinos exist to make a profit. For example, if you make a bet on something that has a 3 to 1 chance of happening, and the casino pays out at 2 to 1 on that bet, the casino will make a profit in the long run. You would win once and lose three times. The house edge is usually expressed as a percentage of each bet that you can expect to lose over the long run. The best bets at the craps table are the ones with the lowest house edge, and luckily, those are also the simplest bets you can make.

The house edge on the pass bet and the come bet is 1. When you take odds or lay odds, your bet pays out at true odds. This means the house edge is 0, making this the best bet in the casino. The worst bets at the craps table are the complicated bets. The craps table features countless proposition bets of varying complexity, but here are a few examples of bets with bad odds in craps. The Big 6 and Big 8 bets offer a house edge of 9. Hardway bets also offer lousy odds. The house edge is either 9.

Any time you find a game with bets with a house edge that ranges between 1. The game of craps is unique in a couple of ways. For one thing, the game offers some of the best bets in the casino. For another, it also offers some of the worst bets at the same time. Most casino games either have a high house edge or a low house edge; craps has both.

In all other casino games, the only event that you can bet on is the one that happens. In craps, there are only 12 possible totals, but the probabilities of the various totals vary significantly. This is calculated by multiplying the odds of getting a 1 on the first die with the probability of getting a 1 on the second die.

The first is to get a 1 on the first die and a 2 on the second die, and the second is to get a 2 on the first die and a 1 on the second die. You can get a 1 on the first die and 3 on the second. You could also get a 3 on the first die and a 1on on the second.

Or you could get a 2 on both dice. The rest of the totals correspond accordingly. A total of 8 has the same probability as a total of 6. A total of 9 has the same probability as a total of 5. A total of 10 has the same probability as a total of 4. A total of 11 has the same probability as a total of 3, and a total of 12 is exactly as likely as a total of 2. Expressing a probability as a fraction is just one way to express it. Another way is to express a probability as a decimal. You could also convert that to a percentage, which is very common and quite intuitive.

Finally, you can express probabilities in odds format. Understanding that something will happen once every 36 times is intuitive enough when looked at as a fraction. But 2. Poker players probably prefer to look at that number as odds, which are 35 to 1. There are 35 ways to NOT roll a 2, and only 1 way to roll the 2. Probability matters because of the house edge.

Casino games are rigged, as it turns out, but not in the way you think. The reason casinos are profitable is because they never pay bets out at their true odds of happening. For example, if you place a bet that a 2 is going to come up on the next roll of the dice, the odds of winning are 35 to 1. But this bet pays off at 30 to 1. The house edge on this particular bet is This number might be meaningless, but you can use it to calculate how much entertainment you see for your dollar.

The trick is to maximize the amount of entertainment you get out of the deal. The house edge is Compare that with another game, roulette. Roulette seems like the better game, right? Heck, you can drink a couple of free cocktails an hour and wind up having a lot of fun for very little money at that rate.

Understanding probability and the house edge is the first step to becoming an intelligent gambler. Betting systems of any kind are exercises in futility. No manipulation of your betting amounts can change the fact that all casino games have an insurmountable edge over the house.

This includes craps betting systems. The big error that most betting systems make is assuming that the odds of something happening change because of what happened previously. In other games, like roulette and craps, each outcome is an independent event. The odds of each outcome of each roll remain the same regardless of what happened on the previous one, two, three, or even thirty rolls. These bets are supposed to reduce your risk.

For example, you might try to hedge your bet on a pass line bet by also placing a bet on any craps. You now have 12 ways to win and 24 ways to lose. The way this system works is that you begin by placing a single betting unit on the pass line. If you lose, you bet again, but this time you bet three units. If you lose again, you bet seven units. In other words, any time you lose, you double your last bet and add one unit.

And so on. To use this system, you watch the game until there have been four successful pass line bets in a row. People who like this system like to point out that the odds of the dice winning five successive passes are 31 to 1. What if you do lose, though? The system has a plan for that, too. The odds of six successive passes are 63 to 1, and if you win this time, you win your money back and then some.

And if you lose again, you double your bet again, because the odds of seven successive passes are to 1. Every progressive betting system faces the same problem. The idea behind these kinds of systems is to bet the pass line when the shooter is hot, and to bet the pass line when the shooter is cold. One common way to approach this system is to bet the pass line.

If the shooter wins, you continue to bet the pass line. You switch back as soon as the shooter wins again. The goal is to eventually catch someone on a winning streak or a losing streak and win lots of money during that streak. The percentage of those will eventually eat up any edge you might have gained using this system.

Going with the best odds is the best craps system you can use. This reduces the house edge dramatically. The Martingale System is arguably the most famous betting system in history. The Martingale System is easy enough to learn to use. Find a gambling game which offers an even money bet. The pass line bet in craps would be one example, as would betting on black or red in roulette.

This system is especially popular with roulette players. Then place a one unit bet. If you win, pocket your winnings. If you lose, double the size of your next bet; i. If you lose, you double up again on your next bet, this time wagering four units. How many times in a row would you have to lose before you ran out of money?

So you only have to lose ten times in a row in order to need to bet more than your entire bankroll in order to continue using your system. The other problem is betting limits. They have a maximum bet and a minimum bet at any table. You only have to lose six times in a row in order to be unable to continue your progression.

This is the belief that if something has happened several times in a row, it becomes less likely to happen again, and vice versa. In other words, if you spin a roulette wheel five times in a row, and it lands on red each times, the odds of the ball landing on black the sixth time are still the same. All casino games have a mathematical edge over the player. No betting strategy changes that mathematical fact. Betting systems like the Martingale can be fun in the short run, and they might even occasionally show a small profit.

You just need to understand it so that you can have the right attitude about gambling. On the other hand, if playing using a progressive betting system makes the game more fun for you, then by all means indulge yourself. Gambling is supposed to be fun.

Craps Strategy. Written By: Staff. Craps Strategy Guide The best craps strategy is to learn how to play the game, understand the basic bets which offer the best odds, and stick with those bets. Know the Best Bets The number of good bets at the craps table is relatively small. Craps Dice Setting Setting the dice in craps is theoretically an advantage play strategy.

Dice Setting According to the dice control experts, anyone who can throw the dice can learn how to control the dice with enough practice. Summary Dice control is a technique that tries to turn the game of craps from a game of pure chance into a game of skill like darts. The Pass Line Bet This is one of the most basic bets in the game. The pass line bets pays out even money. Taking Odds This the best bet in the game.

If the point is 4 or 10, taking odds pays out 2 to 1. If the point is 5 or 9, taking odds pays out 3 to 2. If the point is 6 or 8, taking odds pays out 6 to 5. Laying Odds This is the opposite of taking odds, and it pays out when the shooter gets a 7 before rolling a point.

If the point is 5 or 9, laying odds pays out 2 to 3. If the point is 6 or 8, laying odds pays out 5 to 6. Place Bets Besides the bets already mentioned, the only other good bets at the craps table are place bets. Buy and Lay Bets The buy bet is the same as a place bet, only it pays out at true odds instead of at the payouts for a place bet.

Proposition Bets Many of the bets on a craps table are proposition bets. This seems like a good bet because it pays out on 7 out of 12 numbers. Big 6 and Big 8 This is the same thing as a place bet on 6 or a place bet on 8, with one exception. Hardways A hardway bet is placed on an exact combination of dice, and these combinations are pictured on the betting surface of the craps table.

The Hard Four and Hard Ten bets pay out 7 to 1, and they have a house edge of The Hard Six and Hard Eight bets pay out 9 to 1, and they have a house edge of 9. Any Craps This is a one-roll bet that the next total will be 2, 3, or Any 7 This is a one-roll bet that the next total will be 7. Twelve or Two These are also two separate bets that are more or less the same. Horn Bet This is a one-roll bet on the following four numbers: 2, 3, 11, and Hop Bet The hop bet is a one-roll bet that the next roll will be a particular combination.

The Basics of Probability Probability is that branch of mathematics that deals with the likelihood of something happening or not happening. For every dollar that you wagered in that scenario, you lost an average of 25 cents. The House Edge The house edge is usually expressed as a percentage of each bet that you can expect to lose over the long run. The Best Odds in Craps The best bets at the craps table are the ones with the lowest house edge, and luckily, those are also the simplest bets you can make.

The Worst Odds in Craps The worst bets at the craps table are the complicated bets. The Any Seven bet is another doozy. The house edge on this one is a whopping Theoretical Probability of Winning Craps The game of craps is unique in a couple of ways. Both of these make for interesting uses of probability in analyzing the game.

Possible Totals and Their Probabilities In craps, there are only 12 possible totals, but the probabilities of the various totals vary significantly.

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Unfortunately, they all have relatively low payouts. Another consideration is complexity. Playing the simple bets makes the game easier to manage and particularly for beginners. The strategy outlined below is extremely easy to understand and implement. This strategy will give you a fair shot to grind out profits and will definitely extend your playing time as much as anything. These are fundamental craps bets that you should learn before anything else.

This strategy is simple because it combines just two types of bets—the pass line and odds betting. If the shooter rolls a 7 or 11 you win even money. If he rolls a 2,3 or 12 you lose. If his point shows first you win. If a seven shows first, you lose. Since this is a true even money bet you want to bet as much as possible. This means that players can bet odds for up to three times the size of their pass line bet on points of 4 and 10, up to four times their passline bet on points of 5 and 9, and up to five times their pass line bet on points of six and eight.

Better still are 5X and 10X odds which allow 5 and 10 times the size of the pass line bet. The bigger the odds bet you can make, the lower the advantage. At 3X, this strategy reduces the house edge to 0. With 10X odds the strategy produces a house edge of 0. Notify me of new posts via email. This site uses Akismet to reduce spam. Learn how your comment data is processed. There are a number of reasons Laying the 4 or 10 is a popular way to play the dark side.

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If his point shows first you win. If a seven shows first, you lose. Since this is a true even money bet you want to bet as much as possible. This means that players can bet odds for up to three times the size of their pass line bet on points of 4 and 10, up to four times their passline bet on points of 5 and 9, and up to five times their pass line bet on points of six and eight.

Better still are 5X and 10X odds which allow 5 and 10 times the size of the pass line bet. The bigger the odds bet you can make, the lower the advantage. At 3X, this strategy reduces the house edge to 0. With 10X odds the strategy produces a house edge of 0. This can have an even greater effect if you make some bigger odds. Over here you simply target high return bets in order to win and take away some cash, but there is higher risk involved, as well.

These will help you minimize the house edge, extend your playing time and get you some profit, but keep in mind that these almost always have low payouts. This is the bet they always warn the novices about, as it pays , and comes with a house edge of 9. Top 4 Online Craps Casinos 1. Play Players Accepted. Load More. Related News. Latest Casino News. You are commenting using your WordPress. You are commenting using your Google account. You are commenting using your Twitter account.

You are commenting using your Facebook account. Notify me of new comments via email. Notify me of new posts via email. This site uses Akismet to reduce spam. Learn how your comment data is processed. There are a number of reasons Laying the 4 or 10 is a popular way to play the dark side. Share this: Twitter Facebook.

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