In
this Learn to Play
Craps lesson,
I
compare field-inside betting at
Craps.
I recently received a letter from a craps player touting his
‘simple’ method of play. “I bet the Field, you have seven of the 11
numbers.
And you have 16 ways to hit those seven numbers.”
He’s right, as far as Field-Inside betting goes. In fact, the Field is
even
better than he said it was because on two of those numbers, the 2 and
12, the
player gets paid off at two to one.
So he actually wins $18 when those
seven
numbers hit if he’s betting $1 a pop on them.
Of course, he
loses $20. If we consider a ‘cycle’ to be the
complete win/loss on every number, then the house is a $2 winner for
every
“cycle” of 36 rolls, an approximately 5.6 percent house edge.
You can also have 18 wins if you place the 6 and 8, 5 and 9,
as these numbers, combined, will come up 18 times. Is placing the
‘inside
numbers’ a better bet than the Field? Well, let’s see.
Field-Inside Comparison
If you bet $22 inside, which is $6 each on the 6 and 8, and
$5 each on the 5 and 9, you will win 18 decisions for a win of $126,
since you
get paid $7 for every win.
However, when the 7 rears any of
its ugly face combinations,
you will lose all $22 and that will happen six times in a 36 roll cycle
for a
loss of $132. You’re a net loser of $6. This is an approximately 2.6
percent
house edge.
Based strictly on house edge,
placing
the inside numbers
appears to be the better bet.
But is it actually the better
bet in the real world?
Yes and no.
Field-Inside Budgeting
If you are a player who can easily afford placing the inside
numbers, then avoid the field bet. Why give the casino more than twice
the edge
on you?
However, if you are really on an extremely limited
budget, then you can
make the Field bet for a mere $1 at most casinos.
Granted
you’ll be in on every
roll as the Field is decided each and every time the dice are thrown,
approximately 120 decisions per hour. So you will wager $120, have the
5.6
percent house edge cut into it to the tune of almost $7 per hour.
And what of our place bettor? In 120 rolls of the dice, the
‘inside betting’ strategy will see a decision two-thirds of the time,
that’s 80
decisions, that’s $1760 wagered, with the house keeping approx.$46.
So if you are extremely short
on
cash,
then you can just
keep betting the Field, but once you can afford, and actually start, to
make
bets that come in with lower house edges, you abandon the Field in
favor of
those bets.
Field-Inside Exception
There is one caveat to the above advice. Some casinos in
their infinite generosity will pay triple on the 2 or 12 Field bet.
That lowers
the house edge to 2.7 percent on the Field bet. Now that becomes just
about as
good a bet as the placing of the “inside numbers” in terms of the house
edge.
Are there betting systems that can overcome the Field edges?
No, there aren’t. But some players like to play around with
raising or lowering
their bets, in the hopes of riding a streak.
One of the best methods for making a profit in a streak on
the field-inside is the ‘Four-Step’ which is to place the field for X
amount
and when
it hits, just let everything ride.
On the second hit, take
your win. On the third hit, let it
ride again. On the fourth hit, take everything down to its initial bet.
So you bet 1 unit, then 2, (win and keep 2) then 2, then 4,
(win, then take the 4-unit win and bring your bet down to 1-unit,
keeping the
additional 3 units). In this four-win sequence, you have won a total of
9
units. At this point, you would start again.
Looking for short streaks is the best way to exploit the
field-inside wager for extremely low-rollers. But if you are already in
the
medium
roller league and can afford to play the game of craps for table
minimums, then
the Field is just another sucker bet, even though you are betting so
many
numbers and they seemingly hit so many times.
The Field’s
moneymaking potential is an illusion to be sure.
Field-Inside
Betting is followed by Craps Hedging, Part 1
OR
Return
to Learn
to Play Craps Program
Gambling
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