Lecture Notes: Craps Strategy - "Play Forever" System

Overview

• A craps strategy designed to enable playing indefinitely with a $300 buy-in.
• Main concept: Manage bets across various numbers and lay bets strategically to mitigate losses and ensure consistent wins.

Initial Setup

• Starting Bet: $30 on the "don't pass" line.
• Additional Bets:
  • $15 on numbers 4 and 10 once a point is established.
  • If a point is on an inside number (5, 6, 8, or 9), add a $30 lay bet on the respective number.

Payment Structure

• Lay Bets Payoffs:
  • $30 lay on 5 and 9 pays $20.
  • $30 lay on 6 and 8 pays $25.
• 4 and 10 Payout: When 4 or 10 hits, payout is $27 or $29, contingent on the rules of the specific casino.

Strategy Dynamics

• Rolling a 7:
  • Winning scenario: $30 from the "don't pass" and $20 or $25 from inside numbers lay bets.
  • Total win: $20 to $25 per round.
• If 4 or 10 hits:
  • Take down and remove the lay bet.
  • Ensure the bet remains up on the 4 and 10.

Key Scenarios

• Ideal Rolling Sequence:
  • Hit a 10, then a 7, or a 10 followed by a 4.
• Wheezy's Strategy:
  • Known for playing long hours without significant loss.
  • Strategy observed by many as infallible, even when urged by casino to challenge his play.

Playing Philosophy

• No Lay Bet on 4 or 10:
  • Avoids additional risk.
• Consistent Small Wins:
  • Strategy focuses on small, consistent gains to maintain play without large fluctuations.
• Managing Losses:
  • Losses are minimal and calculated to ensure longer play without depletion of the buy-in.

Summary

• Ultimate Goal: Play all day with $300 buy-in, especially effective on $15 tables.
• Rating: 5/5 for sustainability and entertainment.
• Wheezy's Strategy Performance: Historically resilient, with consistent performance across sessions.

Conclusion

• Outcome: A reliable method for a prolonged craps session, offering slight profit while minimizing risk.
• Overall Feedback: Highly recommended for players aiming for long playtime with limited initial investment.