Progressive Betting for Online Craps
Progressive betting for online craps games is a style of betting that is intended to help the craps player generate a profit if a given run of results includes at least one winning bet. There are numerous progressive betting strategies that can be used by online craps players, but not all of them are as practical as they might appear at first glance. In this article we will look at the pros and cons of using progressive betting strategies and suggest a couple of fairly low-risk progressions that interested craps players might want to take a look at.
A progressive betting approach is one that requires the craps player to increase the size of his bets until he hits a winner, at which point the progression ends and the player either starts using the progression again from the beginning or quits betting altogether. A very famous example is the Martingale progressive betting pattern which requires the player to double the size of his bets until a winner occurs.
One advantage of progressive betting is that it often takes just one winner in a series of bets for the player to show an overall profit. For example, if a player bets £1 and doubles his stake after every loser when betting on even money shots, he will make a £1 profit no matter when the winner occurs – even if it comes after ten losing bets. This – in theory at least – makes it relatively easy to enjoy a winning session.
Another advantage of using a progressive betting pattern is that it leaves no room for ambiguity where staking is concerned, because the player always knows exactly how much he should stake on each bet in any given progression. He also knows exactly how much he will win if his progressive betting approach is successful.
Unfortunately, progressive betting patterns aren’t all good news. The first piece of bad news is that long losing runs can make progressive betting very expensive. For example, if you were to bet £1 and double up after each loser then if you encountered ten losing bets in a row you would have to stake £1,024 on the 11th bet – and all to make an overall profit of just £1 if the 11th bet were to win!
Another drawback of progressive betting patterns is that even if you could afford to use an ‘open ended’ progression such as doubling up until you hit a winner, the table limits at most online casinos still wouldn’t allow you to pursue the progression beyond a certain point. For example, if the table limits were £1 to £200, eight losing bets in a row would make it impossible for you to place the required stake on the ninth bet, so you would have to quit with a loss or stray from the progression.
If you understand these potential drawbacks as well as the potential benefits, progressive betting for online craps can still be a viable idea. What you would need to do is adopt a short-series progression and hope that you hit a winner before the progression ends. If you do then you will make money. If you don’t then you would lose all of the money staked in that progression.
Here are some example progressive betting patterns that you might like to consider using on even money chances in the future:
1-2-4-8 – This is an abbreviated double-up progression. If you hit a winner in four bets then you would make 1 point profit. If you suffer four losing bets in a row you would lose 15 points.
1-2-3-6 – This progressive betting pattern would lose you 12 points if you have four losers in a row. If the first or second bet wins then you would make a 1 point profit. If the third or fourth bet wins then you would break even overall.
2-3-6 – An even shorter progressive betting pattern that would cost 11 points if all three bets lost, but make you a 2 point profit if first bet won and a 1 point profit if the second or third bet won.
Progressive betting for online craps games isn’t necessarily the best approach to take, but when a modest progressive betting pattern is adopted it can often be useful. Of course, whether you think that the benefits of progressive betting outweigh the increased risks is something that every online craps player must decide for himself.
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