Craps Hedge Betting System
| EVENT | PAYS | PROBABILITY | RETURN |
| Pass line win | 1 | 0.222222 | 0.222222 |
| Pass line loss | -1 | 0.111111 | -0.111111 |
| Point of 4 or 10 & win | 7 | 0.055556 | 0.388889 |
| Point of 4 or 10 & lose | -4 | 0.111111 | -0.444444 |
| Point of 5 or 9 & win | 7 | 0.088889 | 0.622222 |
| Point of 5 or 9 & lose | -5 | 0.133333 | -0.666667 |
| Point of 6 or 8 & win | 7 | 0.126263 | 0.883838 |
| Point of 6 or 8 & lose | -6 | 0.151515 | -0.909091 |
| Total | 1.000000 | -0.014141 |
There are several craps betting systems that have to do with hedging bets. Hedging bets is making two bets where one will win, and one will lose, which reduces your risk of an overall loss.
For example, you may hedge your bet on a wager on the pass line while also making any bet on craps.
Let’s look at an example of a craps hedge betting system. You wager $5 on the pass line bet and bet $1 on any craps bet to offset the possible pass line loss if any craps numbers are rolled.
Because of this, you cannot lose on the pass line by using this system. You will win $40 on both the 7 and 11, which, on average, is rolled eight times in 36 rolls. But on the any craps bet, you will lose $8, so you will have an overall win of $32.
When any craps number is rolled, and on average, a craps number is rolled four times in 36 rolls, you lose $20 on the pass line bet, but you will win $28 on any craps bet.
In this scenario, you are in front on the pass line at $40. Still, when a point number comes out, the pass line bet neither wins or loses, and the shooter must make the point before a 7 is rolled.
A win in average
So, what will happen to the $1 any craps bet? On average, the 24 times that the point number is rolled will make any craps bet a losing one. Because of this, the win for the pass line goes down to $24.
By the end of the session, you are guaranteed to win the pass line come out rolls to the tune of $16. Many point to a craps betting system like this working.
However, many experts think a craps hedge betting system like this is not a good idea, as by simply playing the pass line without hedging, you would win more money.
Iron Cross Craps Betting System
Another popular craps hedge betting system is the iron cross craps betting system. The iron cross craps betting system is an easy craps betting system to understand, which is why it is used often, and here is how it works:
The iron cross craps betting system is betting on two sets of numbers in the Field (2, 3, 4, 9, 10, 11, 12) and Place (5, 6, 8) and the Place bet is one where one of the numbers will be rolled before a 7 is rolled.
In the system, all of the numbers are covered with a bet, with the exception of the 7. If any number is rolled besides a 7, you get a win, but if a 7 is rolled, you lose all of the bets.
Pros and cons
The advantage of the iron cross craps betting system is that with most of the bets covered, most rolls will be a win. However, the win will not be a huge one since some bets will be losers.
On top of that, if the 7 is rolled, you lose everything. The 7 is the roll that comes out the most often, considering there are three ways to roll it with the two dice in a 1 and 6, 2 and 5, and 3 and 4.
The iron cross craps betting system is also one that is basically per roll and is not a great system for longer craps playing sessions. Many expert players tend to use a type of progression craps betting system over the iron cross craps betting system.
What is the Best Craps Betting System?
There is no definitive answer for what is the best craps betting system? There are many craps betting systems out there, and the best one is the one that works for you and you are comfortable using.
There are progression and negative craps betting systems and ones that deal with hedge betting, such as the iron cross craps betting system.
Typically, progression betting systems are used more often by players in longer sessions that have a bigger bankroll. In a progression craps betting system, you bet more after a loss to try to recoup money but with a higher profit since you are betting more on the next roll.
Try Out Craps Betting Systems
The best way to see if a craps betting system is right for you is to try it out. If you are new to the system, it is a good idea to play with a smaller bankroll or even play for free.
There are many online casinos that offer craps that offer a demo mode, which means you can play it for free. If you are new to a craps betting system, it can be advantageous to play for free.
Not only can you get to know the system and if it works for you, but it will cost you anything.