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Are you in Control?
As dice influencers we place so much emphasis on our
ability to influence the dice. We practice our sets,
document our rolls and work on what we believe to be a
mechanical advantage to shooting the dice when we have
our turn at shooting. What seems to be lacking is
practicing our ability to control our betting options
when we are shooting or playing the game. It is
important for players to realize the dice aren't the
only things we have to control. The control of our chips
and how we place our bets should remain under our
influence as well.
In craps there are playing options that each of us have
to remember, things that we have the ability to control
at all times. These options never change. At the craps
table, we have the ability to choose our bets,
determine the size of our bets and elect to enter and
exit the table whenever we please. The ability
to choose what we do at the tables remains under our
control.
It is funny how most players never realize how powerful
these options are and I have observed many times that
once a player enters the game, they surrender their
ability to control their playing options, limiting their
ability to maximize their winning potential.
Being cognizant of these never changing playing options
allows me to quit when ahead or behind. These never
changing betting options also allow me to limit my risk
by waiting for more favorable conditions and jumping
into the game at a time that will give my bets a greater
advantage for success.
Last year, I resolved to exercise greater control over
what bets I would make, the amount I would bet and when
I would make my bet. I abandoned my usual "spray and
pray" methodology of making place bets across the table
when I felt the table was rolling within expected
probabilities. Instead, I chose to take the time to
observe the table before making a bet, limiting my risk
by waiting for spot situations and jumping into the game
with extreme care. This earned me positive results
throughout the entire year. This was boring by most
players standards, yet I was very pleased with the
cushion of chips I built by taking greater control of
how, when and where I chose to bet my chips.
How a player chooses to apply his or her betting options
is totally up to the player. However, if a player hopes
to close out their playing year with positive results, I
have found that it is so vital to know when to jump into
a game and jump out, when to escalate bets and when to
call them off. Discipline with controlling my betting
behavior was critical for me, as was trust in taking
what the table was giving me at the time, instead of
forcing a betting system or approach to work when table
conditions were just not ideal.
As we begin our year, I think it is worth repeating here
what I have shared with players during our workshop play
together. I will always encourage players to seek out
winning strategies that offer the best profit potential
with the least amount of risk and know when to jump into
the game with them and when to get out.
As a basic chip controlling strategy, once in the game,
strictly limit your loss in any single session and
regard it as an investment. Enter the game with a profit
objective of around 2-3 times the maximum loss you are
willing to accept. So, if your stop loss is one half
your buy in, then two to three times that should be your
stop win. Consider increasing the size of your bet by
fifty percent whenever you have doubled your buy in.
When you have built your buy-in within a session three
fold, increase your betting unit by another fifty
percent.
I have played the game of craps long enough to realize
that the number distributional patterns we witness from
our rolls will always vary from day to day, month to
month and even from half hour to half hour. When
observing the table conditions long enough before
jumping into the game, our brains have the ability to
recognize patterns at the table to be able to label the
table conditions as cold, hot or choppy. We select
betting approaches that will accommodate these pattern
distributions and that should at least prove to be
profitable over 50 percent of the time. We enter a game,
once qualified, to allow us to give our betting approach
a chance for success.
As a craps player, if you resolve to do anything with
this game, let it be to know when your quitting
time should be, and whenever possible, may it
be at a moment when conditions are going in the most
positive and profitable direction.
Have a great playing year.Soft Touch
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