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How to Become a Winning Player in Eight Easy Steps

Posted: Tue Jan 05, 2016 8:05 pm
by heavy
Back when I first made the commitment to be the best I could at craps and to turn it into a part time job that would kick off an additional income a lot of my friends thought I'd gone off the deep end. These were folks who gambled for entertainment - if at all. But since making the commitment to play semi-professionally I gave up playing for fun. Instead, I play to win. Winning is not just a goal. It’s the only goal. The rest of it -- the comps, the excitement, and yes - the fun - is all secondary. I’m in the casino for one reason. I want their money - and lots of it.

I look at advantage gambling as the best possible part time job for me. But as in any profession, there are certain basic tools you must have to ply your trade. In craps - it comes down to eight tools. Master these and you'll be well on your way to becoming a long-run winner. Let’s open the tool box and take a brief look at them.

1. Knowledge of the game. One of the silliest questions I hear people ask at the craps table is “How do you play this game?” Standing at the table with your hard-earned cash at risk is not the time to learn. Before placing your first bet you should have mastered all of the basic rules of the game, understand the terminology, have a working knowledge of the correct odds and pay-off, and be comfortable with both the pass and don’t pass sides of the game. To that end, you should read some of the top books on the game - including Scarne on Dice, Sam Grafstein's The Dice Doctor, and John Patrick's Advanced Craps. Explore the game on the internet through forums like this and through "play for fun" sites and downloads such as WinCraps. Once you feel you have a good command of the game - head to the casion the try it out. But be sure you have a good command of the other seven tools of the trade.

2. Conservative Strategy. A friend of mine loves to play marathon craps session, but long sessions in a negative expectation game will eventually grind you down. The only way to survive these sessions over the long haul is to adopt an extremely conservative betting philosophy. In this gentleman's case, that consists of a single Don’t Pass bet on each shooter. If he wins a bet his next wager is a single Don't Pass bet with single odds. On any loss he reverts to his original single unit bet. And while he will never win a huge amount of money, he will rarely lose a large amount either. He is patient and plays his strategy flawlessly, and it achieves exactly what he wants.

You must approach the table with the same type of logically conceived, conservative game plan. That doesn’t mean you have to limit yourself to the pass line or don’t pass - or limit yourself to a single bet. It simply means you step up to the table with a plan. A strategy that allows you to adjust the size of your bets based on your bankroll, minimize your losses, and maximize your wins. How? By positioning yourself to take advantage of the gambler’s friend - the almighty streak.

3. Sufficient Bankroll. I like to think of my casino chips as bullets. On the battlefield, if you run out of bullets you’re as good as dead. That’s why it is important to build a sufficient bankroll before stepping into the casino. You will always have limited funds to play with when your bankroll is compared to the casinos. The Pit Boss can roll out the reserves anytime by calling the cage and having the security boys bring out a chip refill.

There are lots of ways you can use your “bullets” against the casino. You can use them like artillary, playing those long shot bets, or a machine gunner raining chips all over the table. Or, if you’re smart, you’ll launch a sniper attack, making every shot count. But to stand any chance at all in these bankroll battles, you must have enough capital to start.

4. Money Management. I can only guess at how many times a player standing next to me at the table has pointed to a stack of chips on the layout and asked, “Is that my money?” I’ve heard it hundreds of times through the years. But money management is more than watching your bets. As I mentioned before, you have to adjust the size of your bets in relation to the size of your bankroll. Money management goes beyond that, as well. It requires you to set specific win objectives and loss limits based on your total bankroll. It means knowing exactly how much you will bet in every conceivable win/loss situation you encounter. And it means having the self-discipline to execute those bets flawlessly.

5. Self Discipline. Most gamblers don’t have it. Simply put, self-discipline is how you control your emotions while gambling. A few months back I bought in at a table and -- by using good money management and discipline -- doubled my money in about forty-five minutes. At the same time, the player next to me lost a little over $14,000. The more he lost the more he relied on crazy, scared-money wagers - $100 hop bets on two or three numbers every roll, and placing the hardways for $500 each. He was pitting his bankroll bullets against the casino’s. The house had him out-manned and out-gunned. Everyone at the table could see he was destined to lose it all -- everyone except him. As the old saying goes, you gotta know when to walk away -- and know when to run.

6. Trends and Streaks. Craps is a game of streaks. Streaks of Point - Seven Out. Streaks of Point - Pass. And, most often, choppy streaks where there is no dominant trend. Since craps is a game of independent trials -- what happened on the last roll of the dice has no influence on what happens this roll of the dice. Predicting a trend is impossible. However, every forty-five minute monster hand starts out with a dozen tosses of the dice. It moves on to the five-minute mark, then ten, fifteen, and twenty. At some point virtually every player at the table recognizes what is happening and the layout fills up with chips. They have spotted the almighty streak. You can spot it too.

7. Precision Shooting. Have you ever noticed that some shooters at the craps table seem to have consistently longer hands than other players? While random trends and streaks do occur in this game, some players prefer to create their own. They do this, consciously or subconsciously, by influencing the outcome of the roll. Generally they take great care in pre-setting the dice to a particular arrangement. Then they affect a consistent, soft toss to a particular point on the table. Casino personnel often crank up the heat on these individuals in an attempt to break their rhythm. Often, though, these shooters appear unflappable as they throw the dice with zen-like precision, banging out number after number after number. Casinos fear them - and for good reason. The best of them have the ability to significantly alter the odds of the game in their favor - all within the confines of the house rules. Can you master this technique? Absolutely.

8. Winning Attitude. Let’s face it. The only one who likes a loser is the casino. And yet you hear people reinforcing a losing attitude at every turn. The science of neuro-linguist-programming - NLP for short - teaches that you can actually program your mind for success through positive affirmations. Yet so often we program ourselves for failure instead.

A few years back I walked into one of the Vegas casinos with a friend and headed for the craps table. She headed for the slots. Within the hour I had turned a quick $360 profit. Recognizing that the streak at that table was over, I cashed in and strolled over to the Wheel-of-Fortune carousel to see if my companion was ready to go to dinner. “Just a minute,” she said, shaking her coin cup. “I just want to lose these last few dollars, then we can go.”

Think about that. How many times have you stood in the casino and heard someone say something similar? They don’t expect to win - so they don’t. They just stand there until they throw their last chip in.

Well, there you have them - eight steps to becoming a winner. I call them the Hard Eight. Are they really that hard? Not really. Can you master them and become a consistent winner? I believe you can.

Re: How to Become a Winning Playe in Eight Easy Steps

Posted: Mon Jan 18, 2016 5:54 pm
by Bermuda
Yes great post. To be a complete craps player you absolutely need each and every one of those key points in your post. But I would add one more ...

Take a lesson!
I have had the pleasure of taking a few and they changed my craps game for the better ... That is for sure! Having someone who knows what precision shooting is all about ... Having them look at how you stand, grip the dice and toss is totally amazing!

Plus the people you meet at the lesson are all fantastic people!
Cheers
B
8-)

Re: How to Become a Winning Playe in Eight Easy Steps

Posted: Sun Sep 02, 2018 12:51 pm
by Dark Side
Thanks Heavy, I needed this one.

Things have been up and down lately. This is a good reminder of what I strive to do and have let is get sideways.

Re: How to Become a Winning Player in Eight Easy Steps

Posted: Mon Sep 03, 2018 6:31 pm
by mssthis1
Realistic expectations help too. The guy with a 14K bankroll should be able to use your money management and discipline skills to make $500 or so, a fair days wages for most people.

Home runs are nice when they happen but you need a lot of ground ball singles to keep yourself in the game to get more chances at that home run.

Re: How to Become a Winning Player in Eight Easy Steps

Posted: Wed Jun 08, 2022 5:20 pm
by mssthis1
scout wrote: Tue Sep 04, 2018 7:35 am Hi mssthis1,
For someone with a 14k bankroll, how who you advise them - betting strategy wise - to make $500 or so a day?

If they were planning on doing it every day I'd tell them to try day trading. The mental anguish would probably outweigh the money benefits. lol.

If it was for a short spell like a Vegas trip I'd play any of the conservative strategy's out there like starting with OHCM, spread out and press on long hands. I'd regress the roll that i hit my goal and I'd start small and leave room to slowly go to bigger bets after a spell of cold dice or cold luck.


If I were doing it myself and trying for a daily bank I'd either play a 3 point Molley on the DP, or some sort of lay bets negative progression.

I've had success laying everything on the bubble machines. You can start as low as $1 on each number and I press everything $1 until either a seven or 10 loses. If I hit 10 losses I take everything down and go to $2 units after a seven.

On live tables you'd need $30 units to start and a cooperative crew. It would also take a much bigger bankroll than 15K to survive bad spells or, some hybrid like starting with a couple numbers and if they get picked off spread out. Practicing on wincraps, 7, 10 roll loses before a recovery is the deepest it has ever taken me but I only have 60,000 or so rolls in the sample.

Re: How to Become a Winning Player in Eight Easy Steps

Posted: Thu Jun 09, 2022 7:32 pm
by heavy
$500 a day on a $14K bankroll? Let's say you're going to play 4 days a week - Monday thru Thursday - 4.2 weeks a month. Works out to about 18 days a month - 12 months a year. 216 Sessions. $108K income. Off $14K investment. Two words. You're dreaming. I know guys in Vegas with $300K plus bankrolls who aren't making that much playing every day, and they're damn good players. I don't care how good you are. It's a game of give and take. It's a game of long streaks of losing. And what you do during those long streaks of losing makes the difference in whether you're there six months from now, a year from now, or even next month. Most of these guys end up taking jobs to supplement their income, and that eats into their play time and then they end up becoming part time players or casino shills or worse - dealers. Hey, it is what it is. There are homes and condos for sale all over Vegas by retirees who oved to Vegas, put their IRA's in the bank and thought they'd play for a living the rest of their lives - and eventually had to sell their Vegas homes and move back "home" hoping they could live out their lives from the proceeds of their Vegas homes. It is what it is.