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It's the noisiest game in the house and only spectator game in the casino that's worthy of the name. Next to Blackjack it's got some of the best player odds in the house and only Roulette has more betting options for the player. It's the one and only Craps.
Most players are going to prefer playing right and Buy the Odds because the payouts look larger, but then you're playing against slightly higher odds. If you're hardcore about playing to win you'd be well advised to look seriously at playing wrong, taking the smaller house edge, and grinding it out. The gurus sum it up by saying that playing right and Buying Odds is the more popular and a bit riskier. Playing wrong and Laying Odds is considerably less popular with the Craps crowds, shaves the house edge to a minimum and is for players with a large roll and the patience to grind out the winnings over extended play.
So I tested the strategy on a number of online casinos. What I found was the playing wrong and Laying Odds was definitely to my tastes, which is no surprise because I have always preferred the Don't Pass bets. Now when it comes to kicking out for the Double Odds I have to say that I found it better for my peace of mind, if not strictly for the best edge, to not Lay Double on every round.
If you look at the Point frequencies you'll see that there are three ways to roll a 4 or 10, four ways to roll a 5 or 9, and five ways to roll a 6 or 8 and, finally, six ways to roll an Out 7. In other words, when betting wrong and always placing Double Odds, those 6's and 8's are gonna turn up fairly frequently and you're going to lose your bets. In short, it's a game of nerves to play that way and, speaking for myself, I don't like it. So what I've done is Double Odds on the 4 and 10 and let the rest ride. What I'm doing, of course, is betting exceptionally conservatively since the 4/10 Points are the least likely to show and are therefore the safest wrong bets to Double up on. It makes for a slow game but I was almost always able to better my holdings if I stuck with it. It might not be everyone's cup of tea, but I like it when the chips pile up and I don't like it when they drain away. It's basically a style of play that suits my temperament.
