How to hedge bets in craps
Another way of hedging your bets playing craps is to hedge the 6 or the 8. This is done when you have a bet on the don’t pass line and the point is set at 6 or 8. Actually, the most popular bet at craps, Pass Line followed with Odds is a hedge bet, although not the usual hedge of equal and/or opposites. If we expand the definition of hedge to include any multiple bets that work "together" in the sense that they are made with that "togetherness" in mind, then surely the Pass Line with Odds fits the bill. A classic craps hedge consists of utilizing one bet to offset another bet. For example, you place a $5 Pass Line bet and then ask the dealers to give you a one-dollar "Any Craps" -- 2, 3, 12 -- in order to offset the possible loss of that Pass Line bet when any of the craps numbers appear.
Craps: To Hedge or Not to Hedge (Part 2)
Play Now at Roxy Palace! Yes, you will win 30 decisions and lose only six decisions, but those six losses will kill you. As time went on, some in the know hungered for greater profits. Your expected loss is now reduced to seven cents each time you use this as your mode of betting. He explains how to toss the dice to legally influence them, how to bet, how to play in the casino, practice tips, and money management. Be sure to check out the blue dice!
The Craps Parity Hedge System
He has released sixteen books, three audiotapes, three videotapes, and his own imprint, the Scoblete Get-the-Edge Guides. Frank's website is www. Now, the formerly dreaded 7 rolls and what happens? There is a way to win This method involves betting the field the numbers 2, 3, 4, 9, 10, 11, and 12 along with place bets on the 5, 6 and 8. Doing this covers 30 of the 36 possible outcomes of a craps roll -- an Yes, you will win 30 decisions and lose only six decisions, but those six losses will kill you.
Field hedges are poison ivy for the craps player; avoid them. Are all craps hedges such that they invariably increase house edges? Not at all. The Odds bet is a separate bet, albeit one that can only be made if you have the requisite Pass Line bet in action.
Your expected loss is now reduced to seven cents each time you use this as your mode of betting. In the long run, hedging your bets is a foolish thing to do in most cases, as the bets that are often used for hedging purposes are high house-edge bets. The need to hedge often comes from a sense of insecurity in the bets you want to make.
The overwhelming majority of bets at craps—stink. So, the bottom line on hedging is this: With the exception of the Odds bet at craps , trim the hedges from your game! Guide to the Craps Hedge. Craps Hedge Bets Part 2. Roxy Palace has slick craps action at their site with a nice looking table and 3 times odds on the pass and come bets.
For the last decade, the Internet has been abuzz with rumors of a craps system that supposedly gives the player an advantage over the house. The so-called Parity Hedge System is said to have an extensive history, dating back to the s and resulting in the mysterious disappearance of a high stakes gambler who had made huge profits playing the system.
Unfortunately for anyone who might want to take advantage, the craps Parity Hedge System appears to be nothing more than a hoax and a gambling urban legend. The main site propagating information on the Parity Hedge System is Quatloos, the name of which was derived from a fictional currency in an episode of Star Trek.
According to the information on Quatloos, the system was developed by mathematicians at the Nevada Test Range who were happy just having discovered a winning system and satisfied themselves by winning small amounts of money and flying under the Las Vegas radar.
As time went on, some in the know hungered for greater profits. To that end, they found a Japanese businessman who was a known high stakes gambler, and taught him the Parity Hedge System. Over the course of a few gambling sessions in the s, their whale took the Vegas casinos for millions.
But before he could get away with his money, he disappeared, never to be heard from again. All that survived of the system were a few tapes of play using the system that Benny Binion collected, those casino employees who had seen it used, and the memories of those who invented the Parity Hedge System. It is said to work on the same principles as monetary hedge funds. It supposedly uses many opposing bets that offset each other and minimize any potential losses due to bad luck, while leading to big wins when luck is on your side.
The Five-Minute Craps Strategy. Want to learn one of the smartest bets in the casino in the next five minutes? I am not kidding. In the time it takes to read this report, you can learn to make a bet that beats nearly every other wager available in a casino. Here's what you'll do -. You are about to learn to make a "Place Bet" to win on a 6. In a nutshell, this is how it works -. Any other number rolled has no effect on your wager. Your wager does not normally "work" on a shooter's come out roll s , when he is trying to establish a point.
Thus, a 7 rolled then will not cause the loss of your bet, nor will a 6 rolled give you a win. That's it. You now know how to make one of the best bets in the house. The house edge on this bet is a paltry 1. In other words, you'll get a When was the last time you played on a slot machine that returned If you are unfamiliar with craps, let me give you some pointers.
Craps Etiquette. If you already have casino chips in hand you can just walk up to the table, wait till the shooter throws the dice and then place your chips on the table for your wager.
If you don't have any casino chips, wait until the shooter has thrown the dice and place your cash on the layout in front on you, get the dealer's attention, and tell him "chips please. The dealer will then give you chips. Place the chips in the rail in front of you. Be sure to watch your hands when reaching for your chips as it is considered very bad etiquette for your hand to touch the dice in mid air or on the table.
Other players believe this brings bad luck I am not kidding - just let the dice bounce off your hand one time and listen to the groans from the other players. Making the Bet. Look at the craps layout. Forget all the confusing labels. Just look for the large betting area marked "Come.