Winning at Craps by Perry Benedik

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Winning at Craps
by Perry Benedik

This is a collection of betting strategies for craps bettors who are already well-experienced with the game, and ready to perhaps gain some new insights into how they can get better winning performances out of their bankrolls. All suggested and recommended betting strategies are based on the author�s 30-plus years of experience at the craps tables, as well as the results of actual live-play data that was personally-recorded over a period of several years.

There will be certain betting methods that will almost certainly go �against-the-grain� for many craps bettors - those who have been conditioned over the years to make their bets in ways that never change, no matter how much they continue to lose. All suggested betting methods are intended for those who are not only interested in playing the game of craps, but winning at it. However, don�t expect to find any exaggerated claims about how rich you�re going to get by using them. That depends entirely on the trends of the game, and how you handle them. Instead, you can expect to find some down-to-earth and innovative betting ideas that will give you better chances to come out ahead at craps, no matter what you like to bet on.

Specific bets covered include: Pass line bets, Don�t Pass bets, Place bets, and even Field bets - in other words, something for everyone who wants to play craps. In addition to some of the lowest-risk betting methods for the Pass and Don�t Pass lines, place-bettors will discover how to make the most out of a hot roll, and even Field-bettors will see how a �bad bet� can become a winner.

All suggested and recommended betting methods are guaranteed to show you some of the best ways to go about minimizing your risks, and maximizing your rewards at craps. By applying sound money management to all aspects of betting, even well-experienced craps players will be amazed at how the simplicity of certain betting applications can improve your chances to win, and make an enjoyable game much more profitable.

For the low price of only $150 U.S., you will be able to acquire the author�s recommended and very effective betting methods. I strongly recommend them.

Individual e-mail support will gladly be available to anyone having difficulty understanding any parts of this document, (email: pbenedik@hotmail.com).

You can click here to see how Craps is played.

ABOUT THE AUTHOR

Perry Benedik (PerryB) has always called upon his thirty-plus years of casino gambling experience as a respected contributor to various subjects on serious gambling website discussion forums, notably, www.LetsTalkWinning.com, www.dicesetter.com, and www.axispower.proboards12.com.

While the majority of his background includes personal long-term studies on craps and baccarat, his thoughts and ideas about other casino-related subjects have always been well-received and highly-regarded by both readers and website moderators alike.

Some of PerryB�s own written articles on craps were published on www.dicesetter.com, and quite often leave the reader with some serious food for thought about how to approach the difficult goal of coming out ahead at the casino.

Click here to order and a download link will open immediately after your payment online.

Thank you,
Perry Benedik

Update and FAQ on PerryB's
Winning at Craps System

PerryB's Improved Pass Line betting has been doing extremely well. Here is an update on the betting results

Total for the week of Nov.26-07 to Dec.2-07: +13 units (W 58 - L 45)

Since Jan.29-07: +225 units (W 2,899 - L 2,674) = +52.01 % out of 5,573 actual-bets.

Although my stop-win and stop-loss limits for each 2-table betting session were based on current combined-totals from BOTH tables, I began keeping IPL betting results for individual-tables only since Feb.12-07, and they are as follows:

From Feb.12-07 to Dec.2-07, IPL betting results for Table #1: +81 units
(W 1,407 - L 1,326 = +51.5%)

From Feb.12-07 to Dec.2-07, IPL betting results for Table #2: +126 units
(W 1,375 - L 1,249 = +52.4%)

From Feb.12-07 to Dec.2-07, IPL betting results for Table #1 + Table #2 = +207 units
(W 2,782 - L 2,575 = +51.93% out of 5,357 actual-bets.)

Perry has a few suggestions on how to even better manage your money:

"My ongoing IPL betting has resulted in me implementing some very good "rules" into my daily play that can make anyone a better player in the long run.

Here are a few guidelines and examples concerning the distribution of Wins (W) and Losses (L) that may enable many of you to improve your very own betting results - at ANY game. Although the main goal is to have a higher actual-bet win-ratio (more wins than losses), you will notice that quite a few include breaking-even. (It is very important to keep in mind that if "the best loss is a small loss", then breaking-even is no loss at all.):

Stop-betting examples:
My basic stop-win scenario: [+3 > -1]:
W-W-W-L: Stop-win (+2) or, W-W-W-W-W-L: Stop-win (+4)

Other [3W / 1L] distributions:
W-L-W-W: Stop-win (+2)
W-W-L-W: Stop-win (+2)
L-W-W-W: Stop-win (+2), or make ONLY 1 more (losing) bet [+3 > -1]

All (break-even) combinations of 2W and 2L:
W-W-L-L: Stop (+0)
L-L-W-W: Stop (+0)
L-W-L-W: Stop (+0)
W-L-W-L: Stop (+0)

All (break-even) combinations of 3L and 3W, such as:
L-L-L-W-W-W: Stop (+0)
L-L-W-L-W-W: Stop (+0)

All (break-even) combinations of 4L and 4W, such as:
L-L-L-W-W-L-W-W: Stop (+0)
L-L-W-L-L-W-W-W: Stop (+0)
L-W-L-L-W-L-W-W-W: Stop (+0)

Controlled Stop-losses:
L-L-L-L-L: Stop (-5)
L-L-W-L-L-W-L-L-L: Stop (-5)
W-L-L-L-W-L-L-L-L: Stop (-5)
L-L-L-L-[W-L-W-W] (3W / 1L) : Stop (-2)
L-L-L-[W-L-W-W] (3W / 1L) : Stop (-1)
L-L-L-[L-W-W-W] (3W / 1L) : Stop (-1)

I am certain that applying these guidelines will give many of you much better chances to end up winners."

Here are some FAQ answered by Perry:

Q. What is the recommended flat bet bank roll for IPL?

A. I recommend a security-bankroll of 30 - 50 units per table. While I started out with a bankroll of only 50 units, and designated a 2-table (combined) stop-loss limit of only -5 units per day, please be advised that I have never formalized any stop-win and stop-loss limits for 1-table betting. However, a stop-loss limit not more than -3 or -4 units per table should be quite reasonable - with the clear understanding that the same �rules� must apply all the time.

Q. What is the worst draw down you have encountered in live or paper testing?

A. Playing within the stop-loss parameters of not more than -5 units per day, the worst (2-table) week that I encountered was -14 units. (When I examined the individual performances of IPL betting at both tables, the worst runs were -24 flat-bets on Table #1, and -21 on Table #2.)

Q. If there are 20 decisions per hour at your average craps table, how many of those decisions would you actually bet on?

A. Although it sometimes varies, the game will usually generate about 6 - 10 betting triggers per hour, per table.

Q. Out of the 5300 decisions you played, how many rolls would you say that represents in terms of tracking and betting?

A. I would be just guessing at somewhere around 250,000+ rolls.

Q. Can you simulate your approach on a computer?

A. I'm sure that it's possible, but only if you program the computer-simulation to stop betting at the appropriate stop-win and stop-loss limits. (Otherwise it wouldn't be any better than testing against a never-ending database.)

Q. Depending on your bet triggers, why not bet the DP at times when the opposite scenario presents itself to your PL trigger?

A. Of course, betting on "the opposite scenario" could always be done. But that is entirely another bet selection, and would require another bankroll - designated only to DP bets.

Q. If you have a flat bet advantage, then any progression will work in the long run. Would a mild flat bet negative progression with 4-5 tiers consisting of 5-7 bets each with tiers of (1,1.5,2.3,3.5,5, etc) with some simple rules to get you out of recovery work on this bet approach?

A. I have paper-tested a 25-bet (55-unit) betting progression with some very optimistic results. Although this progression would have to be played continuously (from day to day,) actual-bets were only placed within the stop-win and stop-loss parameters that were used for 2 tables.

Q. How many consecutive losers do you usually see and what was the worst so far? If you are looking at 48% losers, it seems to me you could easily see 10 consecutive losers and draw downs in the 15-20 range.

A. There is no limit to how many times any even-money bet can lose. That is why I've always kept my losses very low (-5 bets per day.) Playing at both tables, I never really had any serious problems with loss-recovery using only flat-bets.

Q. Do you believe you have a bet advantage outside of your money management rules?

A. If the IPL bet-selection were to be played every time out, although it may well come out ahead in the long run, I am quite certain that it would not perform as well as it does when a sound money-management plan is applied.

IPL - Improved Pass Line Betting is the addendum you receive on the purchase of PerryB's Winning at Craps system, which is a pure flat bet system. For the low price of only $150 U.S, it is highly recommended.

Click here to order and a download link will open immediately after your payment online.

Thank you,
Perry Benedik,
Izak Matatya

Try PerryB's Craps methods at Sands of the Caribbean

Their Craps interface is the best.