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Bankrolling

by Larry Edell

Bankrolling is one of the most important things to keep in mind BEFORE youplay craps. There is really nothing like being at a hot table during a longwinning streak! But, you need to have sufficient capital to stay in the gameand, at the same time, produce a small profit until the streak presents itself.

The way to do this is to figure out your bankrolling BEFORE you start playing.Let’s say you have a session buy-in of $300, and want to make it lastfor an hour. If you bet $50 pass line with double odds ($100) you will spend$150 per bet, so your money might last just a few minutes. This probablyis not quite enough time to latch onto a good hot streak!

Further, if you bring just $300 to gamble over a 3 day weekend, and planto have six sessions, that only gives you $50 per session. Unless you finda $1 table, you’re not likely to see any streaks at all! On the otherhand, if you bring $900 with you and want to play three sessions, that givesyou $300 per session. If you bet $5 pass line with double odds ($10) yourbet total is only $15. There might be one pass line decision every 2-3 minutes,so your $300 buy-in will now last for at least twenty decisions, or aboutan hour. This longer time at the table will enable you to look for a streakof multiple passes, so you can increase your bets while you’re winningand make even more money!

If you wager this way, your buy-in ($300) would be twenty times your betsize, which is considered more than adequate. In fact many Crapshooters wouldprefer a 10X ratio, which would allow you to either increase your individualbets, or buy-in for a smaller amount.

But what are you really looking for when you play craps? Are you lookingfor scattered small wins with no game plan? Or are you looking for a consistentmethod to increase your profits on a regular basis? Since the casino hasa built-in edge on all craps bets, the only way you can profit consistentlyis to stay in the game as long as possible, and hope for a streak so youcan increase your bets - and your profits!

And, as always, good luck at the tables!

**********************************************************
Larry Edell is the Editor of The Crapshooter Newsletter and authorof two craps books and numerous articles about the game of craps. I havebeen a subscriber to his newsletter since 1995. In 1996 I met Larry at aGaming Convention and was impressed with his passion and knowledge of thegame. Larry's monthly articles appear here as a regular feature. Ifyou would like a free copy of The Crapshooter Newsletter send twofirst class stamps to The Crapshooter, Dept. , PO Box 421440, San Diego CA92142. You’ll Also receive a FREE catalog and a special FREE offer!

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