Craps Strategy

By David Lessnau

 

To me the crap tables are the most interesting of all the casino games.  You will see a cross-section of every type of player who comes to town.  I am the last of the big spenders.  Each time I go, I set a daily limit as to how much I am going to allow myself to lose – usually $200 or $300 a day.

 

Now you are probably thinking, “If he has such a craps strategy, why is he talking about a limit to lose?”  Well, let me tell you, the dice are fickle.  That’s one thing I depend on.   I know that at certain times, there are going to be a string of wins for me.  BUT, I know that they won’t come every hour on the hour, not every day.  While I’m waiting, I am not going to pour my money down a rat hole so deep that I can never dig out.

 

That’s why the casinos win all that money.  When people start out losing, they don’t have enough sense to quit for a while.  They KNOW their luck is going to change.  They keep betting and losing until they are in so deep over their financial heads that there is NO WAY for them to even get even, much less win.

 

The other reason casinos win all that money, is players will not quit when they are ahead!!!  People keep betting when the dice are “Bad”.   People keep betting when the dice a “Hot”.  If you are going to win, you have to know when to quit.

 

Years and years ago, I set the rule for myself, “Never bet unless you can afford to lose”.   I figure that, realistically, I can afford to lose no more than $200 or $300 a day.   If I do lose my limit, I have enough sense to wait until tomorrow.  I have observed people {and so have you} people who will gamble until they lose everything they have.  Why be so stupid?  If the dice are running bad – and BELIEVE ME, they will at times, if I just play to my daily limit, I don’t have to win so much back when the dice start coming my way.

 

I’m not telling you to limit yourself to a stake of $200 or $300 per day.  Your finances might be a lot better, and tolerance for loss, a lot higher than mine.  If so, feel safe to set your limit at any amount you want, either more or less.

 

The last time I was in Vegas, I had an old fellow next to me who “bought in” for $80,000 in chips.  Man!  Did he make me look like a piker.  But, a few minutes later, when he bought  $20,000 more chips, then a little later bought $15,000 more, there was no doubt in my mind that I was having a lot more fun then that “High Roller”.

 

Never let the house get so far ahead of you that there is no reasonable way for you to get back to where you are at least even with them.  Let craps shooting be a fun game for you. Stay in control

 

I have seen them all at the tables.  While I’m playing, I study all of them.  I’ve seen players who treat $100 chips with less respect than I do $1.00 chips!!!  I’ve seen shooters who, if I had a to “profile” like a law enforcement official, I would identify them as drug czars “laundering” their hard-earned cash.

 

 

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