Real Money Craps – Online Craps for Real Money
Craps is one of the most popular casino games on the Internet largely due to the ease of one of it’s most advantageous bets – the Pass Line. There are a variety of wagers that you can make while playing Craps such as Pass Line, Don’t Pass, Hardways, Odds and Propositions. However, the Pass Line bet carries a very low house edge of 1.41%. Of course, the Odds bets provide the absolute lowest edges in the game (lower than most casino games, in fact) with 100X at 0.021%. If you choose to play real money craps online, you will want to be very familiar with two types of bets – the pass line and odds bets.
Preparing for Real Money Craps
Before you begin to play Craps at an online casino, you must prepare both your bankroll and your mind set. Being successful at real money Craps requires a rudimentary knowledge of the rules and strategies of the game as well as a decent bankroll. When choosing an online Craps casino, it is in your best interest to choose one that offers a substantial welcome bonus that you can use to boost your initial bankroll.
In addition, it is important to choose an online casino for real money craps that features easy to understand graphics and play structure. Although most of your bets will be on large portions of the table (pass line), some online casinos make the mistake of trying to fit too many extra features on a Craps screen, reducing the size of the play table. It can be very easy to make a wagering mistake if an online casino does not allow for an adequate amount of play space.
Finally, it is important to understand the concepts of proper bankroll management – your primary weapon in successful real money Craps play. In essence, bankroll management in Craps requires you to consider your bankroll and set goals for both wins and losses during all play sessions. Just as you should stop when you have lost too much money, be prepared to stop playing when you have won your goal amount. The vast majority of people that walk away from the Craps table losers won a great deal of money early but then lost it by continuing to play – thinking that they were on a roll.
After losing what they won, they kept working to get back to their highest bankroll level and continued to lose. Try to avoid wagers that exceed about 1% of your total bankroll at any time. This can help you maintain a proper bankroll size to continue playing while allowing you to place smart bets at high enough levels to continually build your real money Craps bankroll to higher levels. Many players choose to only bet 1% of their chosen money for the game session. Much like not spending your entire disposable income on Craps play, splitting your bankroll into smaller sessions can help keep losses under control.
Real Money Craps Strategy
As any expert will tell you about the games of Craps, the best bet that you can place before the come out roll is the popular pass line wager. If a point is then established (any roll besides 7, 11, 2, 3 or 12), you should place an odds bet. This is a wager that is defined by how many multiples of your original pass line bet. For example, a 10X odds bet on an original pass line bet of $2.00 would have to be $20.00. However, this odds bet also carries a house edge of 0.184%. The odds wagers also pay out at true odds.
Two bets that you should always avoid in real money craps are the Big Six and Big 8. Both have very high house edges of 9.1%. In addition, the Hard 4 bet is next in the list of Craps bets that should be avoided. These wagers come with a house edge around 11%. Finally, the worst bet on the table is the proposition bet (a bet on a 2 or 12 will be rolled). This bet carries one of the worst house edges in all casino games at 13.9%. Never place a proposition bet.
As far as wagering amounts are concerned, you can use a modified Martingale system to help with optimal betting amounts. Rather than doubling your wager each time, only add a single unit (the minimum bet at the table). This prevents your wagers from quickly getting out of hand. For example, compare the single unit system with the Martingale over a series of 11 bets (assuming they are all losses):
Single Unit Martingale
It is not at all uncommon to lose 11 bets in a row while playing Craps. While winning late with the single unit system may not help you break even, it will also not likely break your bankroll as quickly as the Martingale. Even if you realize that the Martingale is getting out of hand before you get to the 11th wager, the damage has already been done to your bankroll after the 5th wager. Repeatedly starting the Martingale over again after reaching a betting limit is one of the fastest ways to deplete a real money Craps bankroll.