My craps mentor, and the man who taught me everything I know about gambling and advantage play, was the late Captain, the legendary Atlantic City player who has taken on mythic proportions over the decades I’ve been writing about him. His ideas and playing philosophies, his discovery of how to control the dice on a modern casino table, and his amazing 5-Count method are legacies that have stood craps players in good stead over the years, and these concepts should now become second nature to you, as they are to me.
When the Captain first analyzed the game of craps, he wanted to handle three things:
- Reducing the number of random rolls a player bet on, to preserve the player’s bankroll
- Increasing the likelihood that the shooters a player bets on will win him money
- Increasing the player’s comps based on body time at the table as opposed to risk time
How to Bet with the 5-Count
How should we bet on the shooters who get through the 5-Count? The best way is to make minimal Come bets and take the full Odds. The Odds bet is a wash between the casino and the player. If you can afford to take the Odds, do so—if you are a frequent player, the Odds bet will wind up being an even proposition between you and the casino. And that is a very, very good thing.
The “due theory” of betting is based on the “Gambler’s Fallacy,” which advocates that something will occur if it hasn’t occurred in a while. Sounds great, sounds logical, but it is not applicable to games of random chance. “Great” and seemingly “logical” don’t always fi t in with the real world of gambling…or the real world of life, for that matter.