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3. Craps Strategy - All You Need to Know. The simplest and most effective craps strategy is choosing bets with low house edge instead of the sucker bets that are scattered all over the craps layout. If you, for instance, bet on don’t pass, the house only has a 1.41% advantage. These odds are very good compared to most other online-casino games.

There are two types of betting strategies: conservative strategies that involve making one or two bets and taking them away before things get dangerous, and all-encompassing strategies with bets all over the board. Craps is the perfect example to demonstrate how these strategies work out. There are many gambling strategies out there, but this is just a look at three simple ones:

Classic Regression, Three Point Molly, and All but Seven.

1. Classic Regression

Wait for the dealer to announce the point.

Place a $6 bet on the 6 and a $6 bet on the 8.

Wait for the dealer to roll.

Ask the dealer to take a chip off of each pile.

Wait for the dealer to roll.

Ask the dealer to take a chip off of each pile.

Keep your bet on the table until the dealer rolls a 7.

So far as betting strategies go, this one is solid. Though individual numbers like 7 are more likely to come up than others like 1 or 12, each combination is just as likely as any other. Two 1’s is just as likely as a 4 and 5, or a 3 and 6. There are 10 combinations that make a 6 or 8, and only 6 combinations that make a 7, so it’s more likely than not that this strategy will win. It still may not be a winner over time. It seems obvious that if a 7 just came up, it may be a while before it comes up again, but that just isn’t true. It’s just as likely the 7 will come late into the strategy when there are only 2 chips on the table as in the beginning when there is a fresh $12 on the line. There’s no delaying the inevitable. The 7 may strike at any moment.

2. Three Point Molly

Place a Pass Line bet with single or double odds.

Place a Come Line wager with single or double odds.

Hang on tight and collect the winnings until a 7 comes up.

Always replace the Come Bet after winning.

With both bets in place, there are no wrong answers. Except for the numbers that don’t count, of course. There are less wrong answers, that’s for sure. Unfortunately, the extra bet security doesn’t pay. The cost of the extra chips does not make up for the probability of getting a win from the other rolls. It is better just to stick with the single most probable bet instead of going for the mix and match.

3. Anything but Seven

Wait for the dealer to announce the point.

Bet $6 each on the 5, 6, and 8. Bet $3 on the Field.

Wait for the dealer to roll 3 times.

Take all your bets away before the fourth roll.

Because there are chips scattered across the board, money is trickling in every turn. Maybe not quite enough money to make up for the expensive $21 invested, but still a lot. Having the board covered with bets may feel safe, but it’s actually the opposite. Money may be coming in almost every time, but this number of bets is expensive to maintain and it’s difficult to realize exactly how quickly it’s slipping away.

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