Whether you’re searching the internet or going through your local bookstore, there is no shortage of people touting their latest ‘craps systems’ as the newest solution to overcome inherent house edges, and put the odds in your favor. However these promises have proven time and again to be misleading and trite with false hope. Let's take a look at some of the more popular craps betting systems and why they consistently fall short. There is no question that The Martingale System is the oldest and most widely understood betting system used in craps (although it can be used in a whole slew of casino games as well). The Martingale System simply requires a player to place a low initial bet. Then after each loss, the player places another bet which is double the size of the previous bet. If this bet results in a loss the player again makes a bet of double its value (4x the original bet amount).
This patter of doubling the bet size is continued until the player inevitably wins. Take that amount won, and subtract the sum of all the previous losses and you end up with a ‘net win’ of a value equal to the initial bet placed. The simplicity of The Martingale system has lead both to its widespread use and its eventual demise. Casinos did not want to risk loosing all of their money to educated players with large enough bankrolls to sustain this type of play. To disarm players who intended to use this betting system, casinos began using carefully constructed table maximum bets that were no more than five times the size of the table minimum bets.
To show how this kills the players advantage let us look at an example. Suppose there is a table with a $5 minimum bet and a $25 maximum bet. You start with the $5 bet, then progress to $10, $20, and then you are out of options. You only have three chances to win, and then you are out of luck. The Iron Cross is famous for its catchy ‘Win on all but a 7’ slogan, and as such provides an exciting gaming experience for its players. Don’t be surprised however if as an Iron Cross user, you find yourself walking away from the table with your pockets just slightly more empty than when you arrived. This is not due to any regulation by the casino, nor is it due to player inadequacy. The system, at its root, is quite simply deficient. No matter how it seems the odds are against you because this system is built on the premise of combining bets that do, in fact, put you at a disadvantage. The system cannot escape from the inadequacies of the types of bets that is composed of. The overall house edge for a player who sticks to the Iron Cross perfectly is 3.87% When it's all said and done, there really is no way to beat the house by playing within the house's rules. To take the variety of bets it allows, within the constraints of the houses table limits, you will always be at a mathematical disadvantage. The best you can do is limit this disadvantage.Share on: