Monday, August 19, 2013

Craps Hedge Betting

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A hedge bet is 2 offsetting bets made to win a small profit or to reduce the lack of a large bet. While hedge betting isn't to the player’s advantage it may be used to grind out a small profit or be used to help you play longer on a small bankroll. One of the popular uses of hedge betting is on the craps table through the pop out roll.

A player will put down a passline bet after which make a $1 bet at the any craps in case some of the craps numbers is thrown. To that end if the shooter throws 2 -3 or 12 the players loses his $5 passline bet but collects $7 for the any craps bet. If the shooter throws some other number the $1 any craps bet is lost. While this may increasingly sound like an excellent bet it actually isn't and if you happen to hedge every passline bet you may be an over all loser. The any craps bet has a home fringe of 11.11%

Removing Don’t Pass I received an e-mail asking me if a players is authorized to take away their don’t pass bet after the purpose is established. The answer's yes.

The casino means that you can remove your Don't Pass bet and the rationale they enable you to do that is because if you make it past the pop out roll and some extent is established the percentages shift on your favor. There are more how you can make a seven than there are the opposite individual numbers. By Understanding the dice odds you can find it's better to go away your Don't Pass bet up. In case you are worried for the reason that point is a six or an eight you'll be able to hedge your bet.

Hedging the 6 & 8 Some players love to "Hedge" their bets by placing the purpose number while they've a gamble at the Don't Pass line. This fashion they win a bit if the shooter sevens out or they just lose a small amount if the shooter makes his bet. Here's an example.

You bet $10 at the Don't Pass line and the shooter rolls a six which becomes the purpose number. You are making a spot bet at the six for $6. If the shooter sevens out, you collect ten dollars for the Don't Pass bet and lose six dollars for where bet. You could have a profit of 4 dollars. If the shooter makes his point by rolling a six you lose your ten dollar Don't Bet but collect seven dollars to your place bet. Your loss is purely three dollars.

Hedge system This can be a variation of a don’t pass “HEDGE” system. You begin with a $10 don’t pass bet.After the pop out roll make a $6 place bet at the numbers 6 & 8. This will likely cost you $12. Take the money from the primary hit on either of where numbers. ( ** That is crucial part, as this will likely now guarantee you a profit regardless what happens.) If the shooter sevens out at this point, you are going to lose your $12 in place bets. You've gotten already collected $7 from the primary hit and can collect $10 out of your Don’t bet for a profit of $5. The second one time your home bet hits you set the five for $5 and the third time it hits you put the nine for $5. From this point on you collect any profits out of your place bets. Any time a shooter makes his point you ride out the entire existing place bets. Don’t place to any extent further numbers or make another Don’t bet in this shooter. If the shooter throws a 7 or 11 at the come out, stop betting in this shooter. For those who lose on three shooters in a row you locate another table or quit.

What Can Happen Lets have a look at what can happen with this system:

IF THE SHOOTER SEVENS OUT: Before the primary hit you loose your $12 place bets but collect the $10 Don’t bet for a lack of $2. After the primary hit you're plus $5. After the second one hit you're plus $19. ($7 from the primary hit, $2 from the second one hit and $10 for the don’t bet) After the third hit your are plus $21. ($7 plus $2 plus $2 and $10 for the don’t bet)

IF THE SHOOTER MAKES HIS POINT: Before the primary hit, you might be minus $10. After one hit you might be minus $3. (You collected $7 out of your place bet but lost $10 don’t bet) After second hit you're minus $1. (You collected $7 plus $2 minus your $10 don’t bet) After third your are plus $1. (You collected $7 plus $2 plus $2 minus your $10 don’t bet) REMEMBER: You continue to have your home bets and can ride them out, taking any profit.

WORST CASE SENARIO: The shooter makes his point in no time then Sevens out immediately after establishing his next point. You're MINUS $22. By quitting after three loses in a row, you'll do this with a minimum bankroll of $75 dollars.

Until Next time remember: Luck comes and goes.....Knowledge Stays Forever.


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