Playing Online Craps at Online Casinos

Craps is another game full of rules, even more so than baccarat. Despite the complexity, people who throw dice say it is the most exciting casino game. Nonetheless, craps has some wagers with expectations above 99 percent, and casino players are interested in anything that will give back almost the whole bet.
 

The Game

Like baccarat, this game can be reduced to betting only on certain spots, then watching what happens. You only need to know a few spots to bet on: PASS, DON'T PASS, COME, and DON'T COME. You'll see those words along the lines on the table where chips are plunked down. These wagers all have a house advantage of around 1.4 percent. Virtually all other craps bets stink. The worst reach 17 percent.

There is another bet, "the odds," that is actually a 50-50 bet offering no house edge at all, but one of the above negative expectation bets must be made in order to qualify. Here's how. Put down money on any version of the pass or come lines. If the dice roller (you, in a virtual game) wins or loses the first roll, then money is collected and a new game starts. If the first roll is not conclusive, then you can "take odds," which means to make another gamble on what will happen next. There will be a series of subsequent throws, and you can bet on whether the roller will eventually win or lose. Casinos have different policies on how large the odds bet can be. A place offering "2x odds" will take an odds bet double the size of your initial bet, while others will take 5x, 10x or more. More is better, you want to qualify for the sign-up bonus with as many even-money wagers as possible.
For our purposes, the problem with craps is time and variance. Taking large odds on a single event makes swings worse. You also have to roll until the dice win or lose, which can go on a long time or even forever, theoretically. The time involved can be reduced, but that requires bigger bets. Craps is good for matchplays, if it is already your game and you are so well bankrolled that variance doesn't matter.

There is a very different method of bonus hustling that works, sort of, with baccarat, craps, and roulette. It involves opposition betting, such as backing both player and banker in baccarat. It runs up action with almost no risk or variance, but it is very obvious, so don't do it.