Before you begin playing craps, you need to know your limits and your craps strategy. There are many variables that can affect your craps strategy. For instance, some craps bets, such as those over a long term can have as much as a 14% advantage. Therefore, if you play craps irresponsibly at a big casino, without first learning about how to win at craps and then knowing any basic craps strategy, you will inevitably lose lots of money very quickly.
In most casinos the minimum acceptable bet at most tables is around two or three dollars. Most novice players who start out at a casino without any craps strategy or knowledge of how the game works assume that two or three coins is the safest bet. That may be true in theory, but the truth is that one single coin is almost always more vulnerable to the random results than two or three coins. In any given game of craps the odds require players to bet consistently over the long term. This requires players to determine their win expectancy over time, and the best way to do this is to use a spreadsheet to track individual win rates.
The best craps strategy will include knowledge of how each die is set up. The “box” is the most common form of die used in gambling. Most casinos will provide a range of single, double and triple combinations which can be combined with the same or different numbers of heads, tails and spades. Some players tend to think that all combinations are equally likely to come up, when in fact they differ in their likelihood of occurring randomly. For this reason, some players will play craps with a smaller range of dice, and a single larger die; however, it is important to remember that there are only two types of dice, and that regular and half-dollars/half-dollars dice are distinctly different.
In terms of craps strategy, players need to learn the difference between “high stakes” and “low stakes.” Both can result in losses, but the later is much more likely to result in bad gambles, especially if inexperienced. “High stakes” in the case of craps bets, which carry a much higher risk, since they involve large sums of money. This is because many of them are placed with little or no information regarding the outcome, making it impossible to determine whether the bet is a winner or a loser.
A good craps strategy will also require players to determine their betting bankroll and stick to it. The highest amount of bets at the end of any craps session will determine the winner. Although there is no fixed amount of bankroll to play with, the general rule is that the higher the stakes at the end of the game, the larger the possible losses. For example, a player with a bankroll of two thousand dollars may lose all of his money if he loses one thousand dollars playing craps. The same principle applies for smaller stakes.
The third most important component of any craps strategy is the “press strategy.” This requires players to place their bets with extreme caution. The idea behind this strategy is to determine the best times to place bets, take advantage of extreme value bets at the right time, and to understand when to switch places. In the case of craps, the best time to press strategy is during the last leg of the game, when all players have raised their hands and are about to execute their respective “presses”. Although experts claim that timing is everything, experienced players believe that the following tips will help them make the most out of their craps experience.