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Best of Larry Edell

Gaming Guru

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Bankrolling

17 June 2000

The Crapshooter
© 2000 by Larry Edell

Bankrolling is one of the most important things to keep in mind BEFORE you play craps. There is really nothing like being at a hot table during a long winning streak! But you need to have sufficient capital to stay in the game and, at the same time, produce a small profit until the streak presents itself.

The way to do this is to figure out your bankrolling BEFORE you start playing. Let's say you have a session buy-in of $300, and want to make it last for an hour. If you bet $50 pass line with double odds ($100) you will spend $150 per bet, so your money might last just a few minutes. This probably is not quite enough time to latch onto a good hot streak.

Further, if you bring just $300 to gamble over a three-day weekend and plan to have six sessions, that gives you only $50 per session. Unless you find a $1 table, you're not likely to see any streaks at all.

On the other hand, if you bring $900 with you and want to play three sessions, that gives you $300 per session. If you bet $5 pass line with double odds ($10), your bet total is only $15. There might be one pass line decision every 2-3 minutes, so your $300 buy-in will now last for at least twenty decisions, or about an hour. This longer time at the table will enable you to look for a streak of multiple passes, so you can increase your bets while you're winning and make even more money.

If you wager this way, your buy-in ($300) would be twenty times your bet size, which is considered more than adequate. In fact, many Crapshooters would prefer a 10X ratio, which would allow you to either increase your individual bets, or buy-in for a smaller amount.

But what are you really looking for when you play craps? Are you looking for scattered small wins with no game plan? Or are you looking for a consistent method to increase your profits on a regular basis?

Since the casino has a built-in edge on all craps bets, the only way you can profit consistently is to stay in the game as long as possible, and hope for a streak so you can increase your bets - and your profits!


For more information about craps, we recommend:

How To Make Your Living Playing Craps by Larry Edell
Tina Trapp's Guide to Craps by Tina Trapp
Beat the Craps Out of the Casinos: How to Play Craps and Win! by Frank Scoblete
The Captain's Craps Revolution! by Frank Scoblete
Sharpshooter Craps Audio Cassette Tape (60 minutes) with Frank Scoblete
Winning Strategies at Craps! Video tape hosted by Academy Award Winner James Coburn, Written by Frank Scoblete
Larry Edell

If you would like a free copy of "The Crapshooter", the only newsletter devoted exclusively to casino craps, just send a stamped envelope to The Crapshooter, Dept. RGT., Box 421440, San Diego CA 92142. We'll also send info on our books "Make Your Living Playing Craps" and, "Tina Trapp's Guide to Craps", as well as a free catalog, and a special free offer!

Purchase Larry's book, "Make Your Living Playing Craps" available online here.

Larry Edell Websites:

www.TheCrapShooter.com
Larry Edell
If you would like a free copy of "The Crapshooter", the only newsletter devoted exclusively to casino craps, just send a stamped envelope to The Crapshooter, Dept. RGT., Box 421440, San Diego CA 92142. We'll also send info on our books "Make Your Living Playing Craps" and, "Tina Trapp's Guide to Craps", as well as a free catalog, and a special free offer!

Purchase Larry's book, "Make Your Living Playing Craps" available online here.

Larry Edell Websites:

www.TheCrapShooter.com