I like to take a conservative approach when I first start to bet at the craps table. I make a $6 place bet on both the six and eight and I take them down or call them off after one to three wins.
I try to avoid betting the 4, 5, 9, 10 until the table heats up enough to warrant it. See below for odds/house edge.
Naturally when the craps table is hot, I keep the bets up and will press them every other win. But we are just starting out, trying to get a feel for the table. I don’t want to leave my bets up and at risk for too long, so what I want to do is to pull profit off before a seven is thrown.
In this example, let’s say that you have just $12 in your rack to start. You make two place bets of $6 each on the six and eight. You do not press them.
This table shows you what happens when you take your bets down/off after the 1st, 2nd or 3rd win.
|1st win pays $7||2nd win pays $7||3rd win pays $7|
|win total-$7||win total-$14||win total-$21|
|take bets down/off||take bets down/off||take bets down/off|
|profit of $7||profit of $14||profit of $21|
|rack total of $19||rack total of $26||rack total of $33|
This table shows you what happens when you leave your bets up till the seven is thrown
|1st win pays $7||2nd win pays $7||3rd win pays $7||4th win pays $7||5th win pays $7|
|win total-$7||win total-$14||win total-$21||win total-$28||win total-$35|
|seven is thrown||seven is thrown||seven is thrown||seven is thrown||seven is thrown|
|lose $5||profit of $2||profit of $9||profit of $16||profit of $23|
|rack total of $7||rack total of $14||rack total of $21||rack total of $28||rack total of $35|
By playing craps conservatively and taking your crap bets down/off after one to three wins, you are lowering your risk and ensuring a profit. (provided that the shooter throws one or more of your numbers before sevening out).
You would have to have your place bets win three times just to win $2 more than if you took the bets down/off after just one win.
|1st win pays $7||3rd win pays $7|
|win total-$7||win total-$21|
|take bets down/off||Seven is thrown|
|profit of $7||profit of $9|
|rack total of $19||rack total of $21|