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Welcome to Casino
Europe Online
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Craps
Craps (previously known
as crabs) is a popular
casino gambling game
using dice . Players
wager money against the
casino on the outcome of
one roll, or of a series
of rolls of two dice.
The rules vary slightly
from one casino to
another, but the
expected value of most
bets is only slightly
negative (the most
favorable bets with the
most favorable rules
offer a house advantage
of as little as 0.18%).
All bets have a negative
expectation, except the
"free odds" bet with an
expectation of 0, that
the player is allowed to
make after a point is
established on a flat
(line) bet. Since there
is no correlation
between die rolls, there
is no possible winning
strategy over any given
period of time. While
experienced blackjack
players who learn to
count cards can gain a
small mathematical
advantage over extended
playing sessions by
diligent study, there is
no comparable strategy
for craps.
Occasionally, players
win several bets in a
row, and such players
are said to be "on a
roll." Those who
increase their bets
during a winning series
can rapidly win
substantial sums. On the
other hand, money can be
lost back just as
quickly, as there is no
statistical likelihood
of a "hot streak"
continuing for any given
duration. To counter
this, experienced
players take full
advantage of "free odds"
-- bets on which there
is zero house advantage.
Maximizing the size of
your odds bet in
relation to your line
bet will minimize but
never eliminate the
house edge. Many casinos
have limitation on how
large the odds bet can
be in relation to the
flat bet, with single,
double, and five times
odds common. Some
casinos offer 3-4-5
odds, referring to the
maximum multiple of the
line bet a player can
place in odds for the
points of 4 and 10, 5
and 9, and 6 and 8,
respectively. During
promotional periods, a
casino may even offer
100x odds bets, which
renders the house edge
to almost nothing but
dramatically increases
volatility. Horseshoe
Casino founder Benny
Binion once quipped that
if every player took the
100x odds, the house
"wouldn't be able to
keep the lights on,"
referencing the overhead
required to run casino
games.
Craps can
also be played in less
formal settings and is
said to be popular among
soldiers. In such
situations side bets are
less frequent, with one
or several participants
covering or "fading"
bets against the dice.
Mobilne Igre
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