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Minimum bankroll Recommended online casinos. Joined: Jan 29, Threads: 3 Posts: 7. February 3rd, at PM permalink. Hello all! I was wonderiing if the more experienced craps players on this forum could lend me their advice?
I am heading to Vegas in a couple of weeks, and plan on playing craps only. I always play with a minimum pass line bet never the dark side combined with maximum free odds.
I hardly ever make a place bet very rarely , and I dont use come bets simply a bankroll issue. So basically it is just a single minimum pass line bet with maximum odds until either the point is rolled or the shooter 7's out.
Then the I bet the same for the next roll and so on. Can I get some input as to what my minimum bankroll should be to handle the potential "swings" if Weekday mornings on occasion perhaps?
The Smarter Bet Guide to Craps separates the best from the rest, and makes craps easy to learn. Everything is here in a clear-cut format: Table layout, dice-shooting techniques, a detailed analysis of every craps bet, and mathematically proven strategies that help lower the casino's advantage.
A good basic guide to the game for players who are just starting out. Get it at Amazon! Fritz , Feb 17, I have talked to the WSOP stars and they all say this: "Everyone plays poker the same.
Those of us who get to the top do so because of money management. Many books on gambling have various means to manage your money, and many 'gambling coaches' offer many suggestions, though it all comes to this: Play only games that give the house the least edge!
Things like, "What should my bankroll be? What I see is this: Gamblers who play games with a large house edge: bingo, keno, slots, big wheel, scratch tickets, lottery.
Gamblers who are not skilled with the game: Video Poker, blackjack, craps Gamblers who take shots large bets : baccarat, roulette Gamblers who are just not informed: tri-poker and other carnival card games.
The most common is the "gambler who takes a shot" where they make a very large bet on the NEXT DECISION, be it the turn of the card or the roll of the dice.
With Craps I commonly see someone dump a few hundred in the Field as a "taking a shot". Those shots can become very costly and if you lose enough to fast, your shots can 'take you out'.
OK, Alcohol is an issue. Seems to me that the "getting buzzed" can lead to bad decisions while playing or "taking shots" with large bets that would not normally be made with not drinking.
Just my observations. Mark V , Feb 23, Joined: Mar 5, Likes: Hey Spider just wanted to chime in about your question as to why CA doesn't allow dice and regular roulette.
Of course lawmakers haven't allowed it also. Although I have heard that every now and then some lawmaker tries to intro.
Just sayin. Some good answers and appreciate the input. First and most important is to decide what you can afford to gamble.
Then decide what to take to the table. What I find to Big Ben's point - is too many people expect to make too much - on too small a bank roll. Craps is very much a game of bank roll management This has been a hard lesson over my career - but one I take very seriously.
Almost more so for me after WINNING then losing I don't chase my losses Too much at the table - your asking for trouble, too little - then you can't over come variance.
We all know Craps is about the "roll" - the one roll that makes the game what it is. In order to be there for the "roll" you need to have enough stake to overcome the dips and hurdles.
Then after each session - you add your wins or losses to come up with a new TOTAL, and start the math all over. You can probably guess how they will bet.
For purposes of risk of ruin, we need to establish a win goal. Both players will have a goal of winning 20 units. The max odds is 10x. We are going to use a higher house edge than 2x so that if there is a larger bankroll requirement, the requirement is magnified and easier to notice.
Using 10x, on the PL, we will have an average house edge of. The proportions just change on each side, but the numbers relative to the light and dark side remain similarly juxtaposed.
These are the bets, below. I will list out the odds bets because there are sometimes questions about what is the actual max odds on the darkside.
Simple enough to understand. The confusion comes from the dark side. It can be seen as the casino is betting….
On a side note for craps novices, the house retains the advantage because on a come out roll of 12, the house pushes ties and does not pay the darkside player.
In that case…. Notice that both numbers are very similar. The difference is attributed to the fact that the dark side has a slightly lower house edge.
If you play with no odds on either side, both dark and light side have roughly the same bankroll requirement. This means that approximately This means that both light and dark side will be risking additional money on the odds at the same rate By average bet, I mean that sometimes, the flat bet will win or lose and not require an odds bets, while sometimes, the players will require odds.
All those bets can then be averaged out into an average bet using the percentage the outcomes I listed above.
If the dark side player wishes to maintain the same risk of ruin, win goal probability, and length of time play as the light side player, he must maintain the same unit count as the light side player.
The only way for the dark side player to maintain the same unit count as the light side player is to increase his bankroll. This larger bankroll requirement is another good reason why the Pass Line is preferable if the player is on a small bankroll.
The good news for the Darksider player is that if he uses less than 10x odds, his unit cost will be lower, so the bankroll gap between Lightside and Darkside players will narrow.
The downside to this good news is that the combined darkside house edge will be higher if the free odds multiple is lower.
There are other metrics that can be used when answering the question posed in this article. You can use win percentage probability or calculate how long your bankroll will last, for example.
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