Learn Casino Craps

When one bet chile-casinos.com is made to "protect" another, this is known as "hedging". After they learn to play craps, players often make a $5.00 or $10.00 Pass Line bet and then hedge it with a $1.00 Any Craps bet. The gambler believes that the $1.00 Any Craps bet "protects" the $5 Pass Line bet from losing on the Come-out roll.

Hedge Bets

A rarer hedge bet is using a $1.00 Hard 6 or 8 to help protect the player's Don't Pass with Odds. The disadvantage of this hedge bet is that if the shooter makes his point of 8 the easy way--such as with combinations of 6-2, 2-6, 5-3, or 3-5--then both the Don't Pass with Odds and Hard 8 bets are lost. Hedging sounds fairly smart in the short-term, but in the long-term, it definitely is not. Once a player takes the time to learn casino craps properly, he realizes that if he consistently hedges his bets, he'll lose over time.

Negative Expectation Game

Craps is a negative expectation game for the player but not for the casino guide. Everything on the table, save for the true odds bet, is a negative for the gambler. There is no combination of negative-expectation bets that will yield a positive expectation. To put it another way, two or more negative-expectation bets cannot be mixed into something that is in the player's favor. It is important to understand that this simply cannot be done. Using a bad bet like Any Craps or a Hardway bet to hedge a good bet like Pass Line or Don't Pass will only make the good bet worse.

Hedges should be used carefully and sparingly. Many players version of the game feel that the mere $1.00 spent on a hedge bet is worth the cost of protecting a Pass Line bet on every roll. However, those insignificant $1.00 chips soon accumulate over a few hours of play. In no time at all, $50.00 has been tossed away on hedge bets and the player is left wondering where all his money went.