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Craps Hedging Strategy

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Part One: Cut the Hedge Betting from Your Game by Frank Scoblete

Strategy #9 Hedge Hog System – Good for a cold to choppy table Basic Gist: Bet the Don't Pass Line with odds AND 2 place bets. Maximum Loss – about $22, you won't lose much with this method. This is a variation of a Don't Pass 'HEDGE' system You start with a $10 don't pass bet. Jareds Hedge Betting System. By Jerry 'Stickman'. I received this letter the other day. Hello Jerry, I do not know how to program and I am looking for someone to write a betting script for me for the Smart Craps simulator with a strategy that I am working on. You are watching this video without being inside my playlist. I have a bunch of casino related video.

When my financial advisor, investor, guru comes to my house to give me a rundown on what I own, what I sold, what I made, what I lost, and what it all cost, I go into an alpha state of relaxed, meditative awareness or, rather, unawareness. I know he is talking intensely about a multitude of important things but I hear very little as I am transported to another state of consciousness. Here is what I hear:

The Basic Betting Method is only one part of the complete Automatic Craps Strategy. If you want to use the complete strategy you will find it in the Automatic Craps manual. However, you can develop substantial winnings using just the Basic Betting Method. After summarizing this playing strategy we present the 'cheat sheets' set up for each.

'In this fund, om, ah, om, hedging, ohm, oohmmm, we took the, ohm, ahhh, ohm, and transferred, om mani padre hummm, to these funds because, ah ing, we hedged our bets, ah in ah innn.'

Thirty minutes later, he'll say: 'Any questions, Frank?'

I'll rouse: 'No, no it's as clear as the nose on the face of the Sphinx.'

Then I'll say: 'Uh, did I make money?'

To which he'll say either 'yes' or 'no' with a quick, real-world explanation like: 'Because the market was good,' or, 'The market was awful.' Then I'm perfectly content as I found out what I wanted to know.

Many craps players go into altered states of consciousness when assaulted with the mathematics of the particular bets they love to make. We gaming gurus love to throw around formulas that speak volumes about the outcome of various betting styles, when all the craps player is really interested in is this: 'Will I make money betting this way?' If the craps player is really savvy, his question will actually be: 'Will I lose less money betting this way?' A simple 'yes' or 'no' with some backup proof is all that most craps players want. All else is befuddlement.

Nowhere is befuddlement more, well, befuddling than concerning the question of hedging bets at craps. Spend some amount of time at the craps tables and you will see and hear a host of hedges, the most common of which are hedges that increase or decrease your chances of winning or losing on the Pass Line. Some craps writers are advocates of hedges as they believe it protects players from variance and volatility. But are hedges really worth it?

The Quintessential, Classic Craps Hedge

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. Thus, there is no way to lose on the Pass Line be utilizing such a scheme. You'll win $40 on the 7 and 11, which will show up eight times (on average) in 36 rolls, but you'll lose $8 on the Any Craps, for a net gain of $32. However, when any of the craps numbers appear-- and they'll appear four times for every 36 rolls on average -- you will lose $20 on the Pass Line but win $28 on the Any Craps (which pays off at 7 to 1). So the hedger is ahead of the Pass Line game at this point to the tune of $40.

However, when a point number -- 4, 5, 6, 8, 9, or 10 -- is rolled, the Pass Line bet does not win or lose. The shooter now has to make that point before he rolls the dreaded 7. And what of all those Any Craps bets you've been making for a buck? What happens to them? The 24 times on average that a point number rolls is a loser for the Any Craps bet. So the Pass Line win is now reduced by $24. Still, by the end of the betting sequence, and in the long run, the hedger is guaranteed a win on the Pass Line come-out rolls of $16. Has our hedger successfully protected his Pass Line bet from being diminished by the craps numbers? No.

Why the Classic Hedge Increases the House Edge!

At first, advocates of hedging will be delighted to look at the above figures and see just how 'protected' their Pass Line bet is by the Any Craps hedge. But can hedging advocates answer the following question in the affirmative: 'Will I win more or lose less by betting this way?' Sorry, you'll losemore. Here why:

If you merely played the Pass Line sans hedging, you would have won $40 on the eight times the 7 and 11 appeared, lost $20 when the 2, 3 and 12 appeared; yet, you would have been ahead $20 for the full sequence in the long run. Contrast that with our hedger who wins only $16. The cost for hedging is a 20 percent reduction in our overall Pass Line come-out win in the long run. In this case hedging is a bad investment.

So, my advice is to take a pass on the Pass Line hedges.

Frank Scoblete is the #1 best-selling gaming author in America. His books and tapes have sold over a million copies. His latest book is Forever Craps: The Five-Step Advantage-Play Method. His website iswww.scoblete.com. For a free catalog call: 1-800-944-0406 or write: Paone Press, Box 610, Lynbrook, NY 11563.

theplumber
my question, I am a don't better and i realize that if i can get past the come out roll i now have the advantage over the casino, but there is the problem getting past that first roll. Here is what i want to try lets say i make a $25 dont pass bet, and i lay the 4 for $51 just in case a 7 rolls and ill get a hard 4 for $8 to cover part of the 4 just in case it comes 2-2 then i can hop the 3-1 for 4. once a point is established i can remove everything except that $4 hop bet that i lost so basically it cost me like $4 for insurance to get past that first roll, does this sound like it can work?
clarkacal
NO COMBINATION OF BAD BETS CREATES A GOOD BET, ok?
Craps Hedging Strategy
SFB

my question, I am a don't better and i realize that if i can get past the come out roll i now have the advantage over the casino, but there is the problem getting past that first roll. Here is what i want to try lets say i make a $25 dont pass bet, and i lay the 4 for $51 just in case a 7 rolls and ill get a hard 4 for $8 to cover part of the 4 just in case it comes 2-2 then i can hop the 3-1 for 4. once a point is established i can remove everything except that $4 hop bet that i lost so basically it cost me like $4 for insurance to get past that first roll, does this sound like it can work?


Why don't you just put $5 on the 'Big Red' during the Come Out?
Then you have only lost $5 and are past the Come out....And if the 7 rolls, you are out $5.
Then you have only made two bets. Not 4 or 5.
SFB
clarkacal

Why don't you just put $5 on the 'Big Red' during the Come Out?
Then you have only lost $5 and are past the Come out....And if the 7 rolls, you are out $5.
Then you have only made two bets. Not 4 or 5.
SFB


Are you serious with that...
FinsRule

my question, I am a don't better and i realize that if i can get past the come out roll i now have the advantage over the casino, but there is the problem getting past that first roll. Here is what i want to try lets say i make a $25 dont pass bet, and i lay the 4 for $51 just in case a 7 rolls and ill get a hard 4 for $8 to cover part of the 4 just in case it comes 2-2 then i can hop the 3-1 for 4. once a point is established i can remove everything except that $4 hop bet that i lost so basically it cost me like $4 for insurance to get past that first roll, does this sound like it can work?


YO! YOLEVEN, Take the don'ts!
AZDuffman
The more 'combinations' you make the more of a house advantgage you are giving up. Nothing is going to really help, remember there is just a 1.41% house edge on the don't. You would be smarter to take the money from the other bets and reduce that edge with free-odds.

Craps Hedging Strategy Rules

All animals are equal, but some are more equal than others
aahigh

Craps Hedging Strategy Meaning

A lot of the strategies like making sure you always win are strategies created by the casino.
If you find yourself making dollar bets on any seven .. realize that's 16.67 of $1 per roll on that bet in the long run. If you really think there's going to be a seven on the comeout .. BET THE PASS LINE.
In order to know what bets are the best bets to make without looking at the house advantage .. you need to know what is more likely to come up. So unless you want to go down the path of believing in trends or dice influence .. you're stuck on the don't pass with lay odds, which is the best house advantage you can get.
mkl654321

my question, I am a don't better and i realize that if i can get past the come out roll i now have the advantage over the casino, but there is the problem getting past that first roll. Here is what i want to try lets say i make a $25 dont pass bet, and i lay the 4 for $51 just in case a 7 rolls and ill get a hard 4 for $8 to cover part of the 4 just in case it comes 2-2 then i can hop the 3-1 for 4. once a point is established i can remove everything except that $4 hop bet that i lost so basically it cost me like $4 for insurance to get past that first roll, does this sound like it can work?


No.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
FleaStiff

Craps Hedging Strategy For Dummies

Ever hear the expression: Fish or Cut Bait.
So you want to put some chips on the PassLine: Do it ... don't hedge.
So you want to put some chips on the DontPass. Do it... don't hedge.

Craps Hedging Strategy Games

P90

Craps Hedging Strategy Tactics

Craps is all about superstition, but hedging is just the silliest thing you can do. The outcome of hedging bets follows the superposition principle, or, simply put, will be the same (albeit with less variance) as placing them on separate tables. House edge will add up.
If you feel an irresistible need to hedge, no one save for the ATM can stop you, but you'd do better selecting low-edge bets like pass+don't pass and taking odds on one of them. It's still a losing proposition, but less so.

Craps Hedging Strategy Examples

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