I have always been a rather conservative player. I want to guard my money as best as I can while also enjoying the thrill of casino play. I have rarely made a high house-edge bet. I know basic strategy in blackjack and in fast games such as mini-baccarat I make sure I only bet maybe 50 hands per hour as opposed to 150.
I am slow and steady. I always gamble with one foot pointed towards the door.
Now, I have gotten even better. I am now an advocate and (hopefully) a writer who will create a new movement in casino gambling – the single shot philosophy.
This column will explain the single-shot idea for the game of craps.
If you take a look at a craps layout filled with betting choices or stand behind the players during a game, you will notice that almost all the players, in fact probably every player at the table, makes far more than one bet. Indeed, the layout at a full table is festooned with bets of every type, good ones, bad ones, horrendous ones.
Craps players are action players. To get the action they want they make numerous bets. Yes, a good night is thrilling but the majority of sessions are not so good and money can be lost quickly and greatly if things are not going the players’ way.
I now say, stop making multiple bets at craps! Doing so can only lead to losses and those losses will not take a long time to show up because they will be in direct proportion to how many bets a player makes and what the house edges are on those bets.
One bet should be your maximum. A come bet or a pass line bet, backed by odds, and that is all the bets you should make. Just one.
Now, immediately an action player will voice the idea that there will be “long waits” between decisions. This is true. Let us say that you place-bet the 8. There are five ways to make that number but there are six ways to make the dreaded 7.
Of course, there are 36 possible configurations of the dice, so a single-shot player will face 11 decisions out of 36; six decisions on the 7 and five decisions on the 8. All the other numbers are irrelevant. They don’t exist.
Naturally on the 8 place-bet of six dollars, the payoff for a win is seven dollars. Such a close contest gives the house a mere 1.52 percent edge. If one uses a pass line or come bet, the house edge is lower.
Okay, you are watching the game and wishing and hoping that your number will hit before the 7. But other numbers are hitting. You see some players being paid off for one of their bets every round of a decision. How will you feel? Most craps players will feel they are being cheated because they only have one bet on the layout. They will think, “How stupid of me! I should have more bets working.”
And they would be totally, one-hundred percent wrong in thinking this way.
The numbers that are hitting on your table that do not affect your game of the 7 versus the 8 are just like the numbers hitting at other tables in the casino, tables that you aren’t at; or those numbers hitting could be hitting at other casinos. They have no effect on your game! They are to be ignored.
Stick with your game. Over time your losses will be miniscule compared to the average action player. Keeping losses that low is a good idea – a great idea.
This is single-shot craps. One bet only!
Frank Scoblete’s web site is www.frankscoblete.com. His books are available at Amazon.com, Barnes and Noble, Kindle, e-books and at bookstores.