There is one fundamental bet, the "pass line" bet, that almost all players make. You can easily get by knowing just this bet your first time. As you get more experienced, you can add more bets to your repertoire. After just your first five minutes, you should feel comfortable with the flow of the game and can start acting natural, like you've been a craps player for years.
Defining the House Edge Craps has a lot of different kinds of bets. Some always resolve in one roll and others may take many rolls. The standard definition of the house edge is the ratio of the expected player loss to the initial wager. Almost every legitimate gambling writer counts pushes in this calculation. However, in craps it often takes many rolls to resolve a bet, with the player being allowed to take down the bet at any time until it wins or loses.
Should such meaningless rolls, that don't effect the outcome, be treated as the wager pushing? Compared to other casino games, that would be the consistent thing to do. However, craps players usually leave such bets up until they are resolved. The question gambling writers must face is whether to count meaningless rolls as a push in calculating the house edge, or wait until the wager is resolved.
After much thought, I have decided to express the house edge in craps three ways: Per bet made counting pushes. Per bet resolved not counting pushes. Per roll house edge per bet resolved divided by average number of rolls. No reason to throw money on anything else. His 'power betting' strategy is basically progressive betting. Start at table min and enter up the progression if you win three in a row or three out of four points.
Once awhile if I feel foggy, I might throw out two bucks two way on a hard number just for grins. Otherwise, I stick with the pass and the come and ride it up. Of course if your following the method up, you will face a loss at a higher level but you will not lose all your winnings. Anybody else out there familiar with his work? Anybody else follow the same path on the craps table?
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