Many new craps players fail to realize that winning is a process. Set forth below are the 7 biggest mistakes made by new craps players.
The first mistake a new craps player makes is to fail to set a goal of how they want to win. Most people who go to Vegas (and the craps table) have the attitude that they will take with so much money and when they lose, they will stop. This is a defeatist attitude. The attitude we have is that we will win so much money and then we will stop. Depending on the size of our bankroll, we will usually set a goal to win $200 per hour. This is discussed by John Patrick in his book Advanced Craps.
The second mistake made by a new craps player is failing to understand the game, i.e., the probabilities for each number being made. Just because you may know how to place a bet, it does not mean you know how to win. Often a new player will start by winning and think it is a simple game. They increase their bet size only to have the table turn cold and lose it all. New craps players must be aware that the game of craps is based on streaks. Sam Graftstein discusses this in detail in his book The Dice Doctor Revised and Expanded.
The third mistake is not having an adequate bankroll. Craps is a game based on streaks. As such, you cannot and will not win on every bet – – you will have loses. Too often a player does not have an adequate bankroll for the size bets he is making or sets an unrealistic goal of how much to win. If you have a $500 bankroll, it is difficult to set a goal to win $1,000. It does happen, but only when people are lucky. When loses do occur, he may not have enough money to make bets and miss out on a hot shooter. Author Frank Scoblette discusses this in his book Beat the Craps out of the Casinos.
The fourth mistake is drinking while playing. If you are going to play craps, then you can either play to have fun or play to win. It is difficult to do both. New craps players sometimes get intrigued with the free booze and drink too much to concentrate on what they are doing. I have friends who travel to Vegas with grandiose ideas of winning big. I have heard them discuss that one or several of them were doing well until they started drinking. If you are going to drink and party – – wait until after you have left the craps table, not during.
The fifth mistake made by many new players is lacking discipline. Many new players will press their bets when they are winning. While this may work some of the time, too often the new player will have a lot of money on the table when the dreaded 7 appears. You need to take some of your winnings off the table. Sam Graftstein discusses this in detail in his book The Dice Doctor Revised and Expanded.
I was dealing craps for an entertainment company at a private residence for a person’s surprise birthday party. One of the players was setting the dice. Apparently he took lessons on how to be a precision shooter from Beau Parker, a/k/a Dice Coach. At first he was having long rolls and doing extremely well (Beau is an excellent teacher on how to set and influence the dice). This person, however, kept pressing his bets. He rarely took his winnings down. I asked him why he left his winnings on the table because I know personally that Dice Coach does not follow that betting strategy. His explanation was that he kept his bets up until he had a feeling. Within a short time he lost his entire “bankroll.” Good thing he was playing with pretend money instead of real money. Had he had any semblance of a betting strategy he would have done quite well.
The sixth mistake made by new players is not paying attention. New players tend to forget the bets they make, where the dealer placed their bets and also to pick up their winnings. If you forget to pick up your winnings it is considered a bet. The casinos’ policy is “if it lays, it plays.” At a crowded table, the game of craps moves quickly.
The seventh mistake made by new craps players is to believe that a craps system will work. While all systems work some of the time, none work all of the time. So be careful at the tables. You never know if the system will work for hours, days or even longer.
By: David Udjat, Walk Away Craps