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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 |
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