Don’t bust your bankroll!

Jan 21, 2003 12:09 AM

Bankrolling is one of the most important things to keep in mind before you play craps. There’s 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 Âí­itself.

The way to do this is to Âí­figure out your bankrolling before you start playing. Let’s say you have a session buy-in of $300 and you want to make it last for an hour. If you bet $50 pass line with double odds ($100), you’ll spend $150 per bet, so your money might last for only a few minutes. This probably isn’t quite enough time to latch onto a good hot streak. If you bring just $300 to gamble over a three-day weekend and you plan to have six sessions, you’ll only have $50 to bet with per Âí­session. 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 you 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 two to three minutes, so your $300 buy-in will now last for at least 20 sessions, 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) will be 20 times your bet size, which is more than adequate. In fact, many crapshooters prefer a 10-1 ratio, which will allow you either to 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 Âí­casino 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 Âí­increase your bets ”” and your profits!