Dear Mr. Scoblete:
How much money do you need to buy in at the craps table to play at a $10 table with 20x odds? I like to play 3 or 4 bets (some Come bets and Place bets). What do you recommend to get started with?
Thanks,
Joe
Dear Joe:
In my opinion, a single session bankroll should be 10 times the amount of the monetary spread you use. So if you have three numbers working, you have a total amount at risk of $630 if you use Come bets. The amount could be more or less if you use Place bets.
With four numbers working, just add another $210 to the total spread and you are risking $840.
My general rule of thumb is to have 10 times your spread per session, so you would need between $6,300 and $8,400. Now, those odds bets are break even bets so in the long run your risk is really only $30 or $40 on the Pass and Come. But the variability of the game is so great that it is best to lump all the money together for one or a few sessions.
For your great letter, I am giving you a free 10-Day subscription to my private, members-only web site at www.goldentouchcraps.com. We have over 5,000 members on this private site and the discussions are interesting, enlightening and fun.
All the best in and out of the casinos!
Frank Scoblete
