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Going out of Your Comfort Zone When Betting on the Internet; Simplifying Bets and Optimizing Odds at the Craps Table

7 November 2010 by Devon Chappell

But Mama, I don't see anywhere on the Craps Table where it says backing the odds!

But Mama, I don't see anywhere on the Craps Table where it says backing the odds!

Okay, folks – It’s time for Sunday School again. There’s no need to get all excited. And there’s certainly no need to thank me. Believe me, I’m breaking out the ruler and protractor simply because I don’t want to talk about another boring B2B deal in the igaming industry. As much as I know B2B is great for the industry at large, lest I forget it’s the player’s who make this industry go round, I think it’s time to get down to brass tacks (whatever that means) and ring the bell. School is in session.

If you are like most online gamblers, you have one or two games you like to play the most while inside the online casino – one of which is the slot machines. And not that you wouldn’t want to play other games, either your bankroll is only so much that you are obligated to spread it out over a single game in an effort to obtain that game’s expected return (if played with strategy, mind you), or you have experienced moderate success on a particular game and are more than happy trying to capitalize on said success, OR (and this is the most likely) you are uncomfortable playing some of the other games offered simply because you are not familiar with all of the casino game rules and best playing strategy particular to each.

Let me give you an example. I can’t tell you how many slots fanatics I’ve heard talk bad about the game of Craps. And when I say bad, I mean a game that returns a very high Casinos Edge and will rob you blind. Not to bash slots or anything (’cause let me tell you, I will be the first to lay down some money on the one-armed bandit with the hope of winning a giant progressive jackpot), the game of Craps can actually deliver one of the lowest House Edges in the online casinos. Granted, there are plenty of sucker bets on the craps table, i.e., the proposition wagers, however, the fact of the matter is that smart Craps players need only make one bet time and time again.

The bet I am referring to is called “backing the odds”. Wait a minute you say – that bet is nowhere to be found on the Craps table. Nice eye, ’cause you know what? Essentially, it’s not a bet. And it sure isn’t nowhere to be found on the Craps table. That’s because the online casino doesn’t want you to know about backing the odds. Don’t ask me why they even offer it. I can only assume it keeps the diehard craps players coming back for more. Remember, no matter how low an edge a game offers, the casino will always have its due advantage in the end. If a casino game can pull in enough suckers AND keep the regulars happy, that’s what the casino calls a success.

Now, back to backing the odds. I am not going to go into the rules of nor the objective of craps at this time (you’re big boys and girls…you can read up on your own), but I will say that the one bet you can make and still be in the “safe” zone is the Pass Line Wager. Simply click you mouse in the Pass Line box and cross your fingers that the first roll of the dice will be a 7 or 11 and will NOT be a 2, 3 or 12. If the point number is established (any other number than a winning 7/11 or a losing 2/3/12), cross your other set of fingers that the point number will be rolled a second time before a 7 is rolled. But first, back the odds. This is done by clicking immediately behind the Pass Line box (where the initial wager was made) after the point number is established. This amounts to making another wager on top of the initial bet, which in the end, helps to bring the Casinos Edge down. Like I said, if you want to know more, all it takes is some brief reading.

My point in all this is that not every casino game is as deceiving as it looks. In fact, the one’s that look the most complicated, are usually the easiest to learn and incorporate optimized strategy. Just because you hear someone say a particular casino game is a horrible wager, don’t take it at face value. Do your research – there’s always more to the picture. As always, before putting your money on the line, try your hand practicing on free casino games.

One Response to “Going out of Your Comfort Zone When Betting on the Internet; Simplifying Bets and Optimizing Odds at the Craps Table”

  1. danielle jacobs says:

    great lessons! I learned a lot from it. Well I hope you can also share some tips on how to win at tournaments.