Craps Hedging Strategy
It’s no surprise that multitudes of strategies have been developed around place betting the (6) & (8) as these numbers give the craps player one of the be best advantages of beating the casinos.
- Craps Hedging Strategy Games
- Craps Hedging Strategy Strategies
- Craps Hedging Strategy Examples
- Craps Hedging Strategy
First of all, both the (6) and the (8) are the numbers likely to roll most often, next to the (7). There are 5 ways to roll (6), 5 ways to roll an (8), and 6 ways to roll a (7).
High risk strategies pay off less often than low risk strategies. Most experts agree that the long, slow game works best in craps, especially for non-expert players. Keep your money on the Pass Line until you’re way ahead. Avoid Hedge Bets. Ignore dealer calls for “any craps” bets. But the overall idea is in hedging your bets, while still capitalizing on the DP's advantage using odds after the point is made. The reward is less, but so is the risk, it seems. Here, I have tried laying 6X Odds - as the Wizard suggests - on the DP, but I found that this requires a much heftier bankroll and have started playing instead with 2X. A classic craps hedge consists of utilizing one bet to offset another bet. For example, you place a $5 Pass Line bet and then ask the dealers to give you a one-dollar “Any Craps” - 2, 3, 12 - in order to offset the possible loss of that Pass Line bet when any of the craps numbers appear. I have just returned from Vegas where I played and won $740 in about 1 1/2 hours play starting with $100. I am trying to determine if my hedging strategy was valid or just lucky? I used come bets with odds to hedge my bets on the table. I'd cover my table stakes with come bets and take odds on the come bet points.
It doesn’t stop there. Here’s are some more advantages of Place Betting the (6) and/or (8).
- Place Bets only need to be hit once to win, versus a Pass Line or Come Bet, which needs to be hit twice
- The payout on a Place Bets exceeds that of Pass Line or Come Bets at lower betting levels
- It takes approximately 5X odds before the benefits of PL/Come Bets exceed that of Place Bets
- Place Bets can be made or taken down at any time the player wants versus PL/Come bets which are contract bets
- The player controls the numbers that are bet, versus the roll of the dice being the determining factor
- Already mentioned, the (6) and (8) are most likely to be rolled aside from the (7)
- Betting both the (6) and (8) gives you a 10 to 6 advantage of one of your numbers hitting before the (7)
- The house edge on place betting the (6) or (8) is only 1.52%, one of the lowest on the table
If the toolbox of strategies you bring to the craps tables does not include a (6) and (8) strategy, then it might be time to find one that works for you.
We’ll cover a few of the most popular, and some not-so-popular 6/8 strategies for you to assess and possibly include in your own repertoire of strategies.
Secrets Tip – Never bet the Big 6 or Big 8 located at the corners of the table. They carry a 9.09% House Edge versus Place Betting the same numbers for a 1.52% House Edge.
All examples include betting both the (6) and (8) on a $10 minimum craps table.
6 & 8 Collect and Press
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Collect and rack the $14 in winnings (you now only have $10 of your money at risk)
- 2nd Hit – Press your bet to $24
- 3rd Hit – Collect and rack the $28 in winnings (now your up $20)
- 4th Hit – Press your bet to $48
- From here, you can either continue alternately ‘collecting’ and ‘pressing’ your bets through the end of the roll or take down your bets at any point in the progression you want.
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6 & 8 One Unit Continuous Press
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Win $14 – Press your bet by $6 to $18 (collect & rack $8)
- 2nd Hit – Win $21 – Press your bet by $6 to $24 (collect & rack $15)
- 3rd Hit – Win $28 – Press your bet by $6 to $30 (collect & rack $22)
- 4th Hit – Win $35 – Press your bet by $6 to $36 (collect & rack $29)
- Either continue to press one unit each time one of your numbers hits, or take down one or both of your bets at any point you want.
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6 & 8 – $72 Regression
- Place Bet both the (6) and (8) for $36 each (Total $72)
- 1st Hit – Win $42
- Immediately take both the (6) and (8) down to $12 each
- You’re now positive $18 and only have casino winnings on the table
- Use the (6) and (8) Collect and Press for the remainder of the shooter’s roll
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6 & 8 – 1-3-2-6 Positive Progression Strategy
- Place Bet both the (6) and (8) for $12 each (Total $24)
- Take these steps on the (6) and (8) independently
- 1st Hit – Win $14 – Drop $10 and press the bet to $36 (Net winnings = -$34)
- 2nd Hit – Win $42 – Drop your bet to $24 (Net winnings = $18)
- 3rd Hit – Win $28 – Drop $60 and press your bet to $72 (Net winnings = $0)
- 4th Hit – Win $84 – Take all bets down (Net winnings = $168)
- After taking your bets down and collecting your net winnings of $168, you can wait for the shooter’s roll to end or decide to start the betting progression over.
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6 & 8 – $48 Hit and Spread
- Place Bet both the (6) and (8) for $24 each (Total $48)
- 1st Hit – Win $28
- Immediately take the (6) and (8) down to $12 each
- Add the (5) and (9) for $10 each
- After the 1st Hit, you’ll now have 4 inside numbers covered for a $16 investment.
- Utilize a collect and press strategy for the remainder of the roll.
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6 or 8 – Low Roller Inside Spread
- Place the (6) or (8) for $12 (Total $12)
- 1st Hit – Win $14 – Rack $2 and place the opposite number for $12 (Net = -$10)
- 2nd Hit – Win $14 – Collect and rack $14 (Net winnings = $4)
- 3rd Hit – Win $14 – Rack $4 and place the (5) or (9) for $10 (Net winnings = $8)
- 4th Hit – Win $14 – Rack $4 and place the opposite 5/9 for $10 (Net winnings = $12)
- You now have all inside numbers covered AND a $12 profit.
- Utilize the collect and press strategy for each number covered through the end of the roll.
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6 or 8 – Low Roller Run Up
- Place the (6) or (8) for $12 (Total $12)
- 1st Hit – Win $14
- Parlay your winnings and add $4 to your bet
- Bet is now $30 – Total investment $16
- 2nd Hit – Win $35
- Parlay your winnings and add $1 to your bet
- Bet is now $66 – Total investment of $17
- 3rd Hit – Win $77
- Take all bets down
- 1st Hit – Win $14
- Collect $126 in winnings ($14+$35+$77) from a total investment of $17
- At this point, you can either start the strategy over or wait for the next shooter
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There are many other variations out there, and if you didn’t find one you’re comfortable with above, a quick google search will uncover many, many more.
Keep in mind, no strategy will change the house edge (casino advantage) on the bets placed. The goal is find the betting strategy that works for you and your bankroll and apply it at the right times at the table.
Feel free to share your own (6) and (8) betting strategies in the comments below.
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Craps Hedging Strategy
BEST OF LUCK AT THE CASINOS!!!