Anybody who goes to Las Vegas for a weekend is familiar with perhaps one of the most famous casino games of all times - Craps. Widely regarded as one of the purest forms of gambling, craps involves much luck and a little bit of strategy. Craps involves shooting dice around a designated area and the game can get fairly loud in a brick-and-mortar setting.
Playing online as opposed to live has one very important advantage. A player can take all the time he needs and doesn't need to be familiar with the game prior to playing, as many online casinos offer instructional videos, tutorials or play money tables. In online Craps, the player drags the amount of chips he wants to bet on the specific type of bet. He then clicks on the dice to be rolled and depending on what falls, he wins, loses or ties for the wager.
A Pass Line Bet is placed when the chips are dragged on the outer border of the table layout. The dice are then rolled and the number that falls determins if the wager wins or not. A 2, 3 and 12 is called "craps", which means the player automatically loses. 7 and 11 are called naturals and will tie for the wager. Any other number is the "point" and wins the bet. The "point" is significant because if it is rolled again before a 7 is rolled, the player wins. Another type of bet that can be made after the point is established is called the odds bet. This bet is laid at the actual odds of hitting a number before another seven is rolled and therefore is paid out without any house edge.
After the point is established a player can make a so-called "come bet". The number that is rolled following the come bet is the point for this bet. A don't pass or don't come bet is essentially a player betting against himself. He bets that a seven will roll before the point.
In craps, all the other potential bets a player can make are all propositional. For instance, if a player wants to bet that a number will be rolled with two smaller numbers, like an 8 being rolled with two fours, he can choose to make a so-called "hard bet". Additionally, a player can bet that the next roll will be craps or that a particular number will roll next.
All bets in Craps have a house advantage and therefore a negative expected value. In order to be safe and play within the bankroll requirements, it is recommended that a player only places with the smallest house edge. The Pass/Don't Pass, Come/Don't Come, place 6 and place 8 are the bets with statistically the smallest house advantage.
The most common misconception employed by Craps players is the so-called "Gambler's Fallacy". In basic terms, this is the wrongful thinking that past dice rolls have an effect on future dice rolls. This is evidently not correct, since every number on a die has an equal probability of being selected every time a dice is rolled. The roll of a dice is therefore an independent event from previous dice rolls and it is important to keep this in mind when playing Craps.
Las Vegas Craps, also referred to as Bank Craps, is a popular variation of the game. The difference is that the table layout is slightly altered and the bets are only made against other players. There are plenty of other variations of Craps, but most of them aren't supported by online casinos. Some of the variations include High Point Craps, Crapless Craps, Die Rich Craps and New York Craps.
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