I watch a lot of videos on gambling strategy. I also listen to a lot of gambling-related audio programming. It makes for good research as I’m contemplating what to write about next. If one were to do a search on YouTube or Google regarding ‘craps strategies’, you will find a million different strategies.
Many of these strategies encompass things such as progressing or regressing the bet.
If you’re aware of bet regression, it’s simply when a person takes their bet down or reduces their bet after a condition is met, with that condition usually being a certain number of wins.
However, when is the last time you saw a player at the casino reduce their bet after a win? It’s rare. At this point, I’ve published over 20 hours of actual craps game videos. That’s a lot of craps, and aside from myself, I can count on one hand the number of times a player regressed their bet after a win.
If you watch my videos, you’ll notice that I’m the rare player who reduces or completely pulls off his bets after wins. There’s a belief among players that pulling back bets during a ‘hot roll’ is a capital sin.
So despite all these gambling strategies that tell you to progress or regress your bet, hardly anyone ever follows them.
Even rarer is the betting scheme strategy, where the player is advised to make a certain pattern or combination of bets to achieve a certain result. One such betting scheme strategy is the famous ‘Iron Cross’.
Let’s talk about the ‘Iron Cross’ betting strategy. The Iron Cross is a strategy where the player bets on the pass line, after the come out roll, the player then adds a field bet and a place bet on the inside numbers (5, 6, 8, and 9). If the point is one of the inside numbers, then the player does not place that number. It’s called the Iron Cross because the bets form the picture of a cross (actually it’s more like a ‘T’ but the Iron T isn’t as catchy).
If you’re still having a problem imagining why it’s called the Iron Cross, here’s a pic that might help…
My point isn’t to analyze the effectiveness of the Iron Cross, rather it’s to muse that lots of people talk about it, but no one ever uses it. Go ahead and do a search on YouTube for ‘Craps Iron Cross’.
All this talk about the Iron Cross made me want to bet the Iron Cross, just to show you what it looks like in an actual game. I’ve actually never seen the Iron Cross used in real life. Check it out at [7:30] in my Santa Ana Craps Part 2 video.
After using it, myself, I would advise you to never use it in real life.
Trust me, the Iron Cross is not a sure winner. Don’t use it just because you saw me use it. This is an instance of do as I say, not as I do.
Opposite Betting: A Gambling Strategy That People Actually Use
A gambling strategy that people actually use in real life, although somewhat rare, is the opposite side betting strategy. This is sometimes known as the ‘doey-don’t’ in craps.
Opposite side betting can be used in any game that pays even money and had a near 50-50 chance of winning. That means the strategy can be used in roulette, where it’s called ‘red-black’, ‘hi-lo’, or ‘even-odd’. I’m sure you get the point.
I was monitoring a forum where a wife was talking about how she found a way to milk the casino of their money. Every day, she and her husband would go into the casino. She would play red, and he would play black. The husband and wife would pretend not to know each other. They play long enough to get their free play that they would eventually cash out, get their free food comped for the day, and leave with their ‘earnings’. It was a job for them.
The wife very seriously warned her audience that if the casino found out, they would stop the comps and possibly even ban the husband and wife team. Any criticism of the system was met with anger and hostility.
In real life, I’ve seen several people deploy this system.
The problem with the opposite side betting system is that it doesn’t work. If anything, betting opposite sides will double your expected loss.
If you were to bet opposite sides, the casino should comp you twice as much, compared to betting one side, assuming you bet the same for each bet.
Every bet has a house edge. In craps, the pass line has a 1.41% house edge, and the don’t pass has a 1.36% house edge. So if you bet $10 on the pass, your expected loss is about 14 cents on that bet. If you also bet $10 on the don’t pass, your expected loss is also about 14 cents (13.6 actually).
Combined between the two bets, your expected loss is now 28 cents.
This 28 cent expected loss will manifest itself when there is a 12 on the come out roll. When that happens, the casino will take the pass line bet, but push the don’t pass bet.
In roulette, opposite side betting is even worse. Let’s assume that it’s a red-black system. When wife bets $10 on red, then her expected loss on that spin is 52.5 cents. When husband bets on black, his expected loss is 52.5 cents also.
On that spin, their excepted loss is $1.05, which manifests itself when a green number appears.
In any situation where you might be tempted to bet opposites, you’re better off just taking your chances and picking one side and betting the one side. Notice that in the above scenario, the player can only lose; the player can absolutely never win. Casinos want opposite bettors.
An interesting part of the chat with the husband and wife roulette team was that she insisted that if the casino found out that they were a team, they would cut back on their comps. This would make the ‘system’ not profitable. You might be surprised to learn that she may have a good point in this regard.
I’m not saying that her system is profitable. It’s likely not, and a 5.25% house edge is just too tough to crack unless you’re Dr. Richard Jarecki and know how to track defective wheels: https://www.nytimes.com/2018/08/08/obituaries/richard-jarecki-doctor-who-conquered-roulette-dies-at-86.html
Rather, she may be correct in that the floor person or boxperson who is tracking her comps may be turned off by the team’s opposite betting and reduce their comp rating. There are some casino staff who do not understand the math behind opposite betting and think that it wastes the casino’s time.
However, sometimes the floor or box has a legitimate reason for hating opposite bettors: they tend to be poor tippers.
Most box or floorpersons want their dealer crew to make money, and a ‘team’ that is focused on eking out their bankroll for comps are unlikely to be tippers, at all, much less good tippers. To deter that tip adverse team, the floor or box will not be so generous with the ‘team’, so he or she may reduce their comps. Or if the floor or box was giving a generously higher comp rate, they may not be so generous once the complicity is discovered.
In other words, everyone hates opposite bettors. Eventually, when enough 12 craps or green numbers hit, if you’re an opposite bettor, you’ll hate it too.
Just ignore anyone who teaches or advises you to use any form of opposite betting.
Your wallet will thank you.