Despite being an online casino game with one of the lowest house edges, craps often puts players in a tight spot if a good betting strategy is not employed. One of the common strategies used by punters who intend to get small consistent wins is the Iron Cross craps strategy. It involves placing bets on all possible roll outcomes. However, its house edge, complexity, and other factors have raised the question: Can it maximize your winnings?
This casino guide will help you understand the Iron Cross craps strategy: how it works and if it is effective, highlighting its drawbacks.
The Iron Cross Craps Strategy: Core Principle
Wagering on a combination of numbers is one of the tips for winning craps table, and that’s precisely the objective of the Iron Cross craps strategy.
Iron Cross craps strategy, also called craps iron corridor strategy, involves making a Place bet (on numbers 8, 6, and 5) and a Field bet (on 12, 11, 10, 9, 4, 3, and 2) while avoiding the number 7. You’re placing no bets on 7 because it is the most frequently rolled number in craps. You win every time the dice roll result is not 7.
This craps strategy focuses on securing frequent small wins by capturing most of the possible outcomes. But it is important to know how to bet on craps.
Mastering the Iron Cross Craps Strategy: Step-by-Step Guide
If you want to try practice online craps strategies, the Iron Cross craps strategy is a good place to start. Here is a detailed guide to help you with its execution:
The strategy involves two phases: Place Bets and Field Bets placement.
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Phase 1: Making Place Bets
Begin by placing three Place Bets (on the numbers 8, 6, and 5). If any of these numbers is rolled before a 7, your bet wins, and you can consider replacing your bet. If you want to continue playing, the dealer will give you your profit upon winning. The original Place Bets will remain for subsequent rolls. However, should a 7 be rolled first, you lose your bet.
This first phase is like the 3 Point Molly crap strategy, which also requires placing bets on three different numbers.
Phase 2: Placing the Field Bet
With your Place Bets settled, you can now place the Field Bet, and you don’t need the dealer’s help. Put your chips on the Field section. However, keep in mind the minimum bet requirements. Also, you should replace your bet for every lost throw of the dice.
How-To for the Iron Cross Craps Strategy
The betting sample below will help you understand how to use the Iron Cross in craps and use it to your benefit at Slots Paradise Casino.
Let’s say you went to the craps table with a $200 bankroll. Here is how your session should go:
Step 1
Place a Field Bet of $10 each on numbers 12, 11, 10, 9, 4, 3, and 2.
Step 2
Make Place Bets on the numbers 5, 6, and 8 with $10 each.
Step 3
Don’t place a bet on the losing number 7 to minimize potential losses.
Step 4
Set a goal of $100 win or a time limit of one hour, whichever hits first.
The Outcome of Field Bets
Following the basic rules on craps, the typical payout for wagering on the number 2 is 2:1, returning $20 in winnings on your $10 bet. The payout for 11, 10, 9, 4, and 3 is even money, returning $10 winnings on your $10 bet and maintaining your initial bankroll. 12 has a payout of 3:1, meaning you get paid $30 for your $10 bet.
The Outcomes of Place Bets
A Place bet on 5 has a 7:5 payout ratio, which means your $10 bet would yield $14 in winnings. Bets on 6 and 8 have 7:6 payouts, and your $10 bet would return $11.67 in winnings.
Remember that if a 7 is rolled first, you lose your bets.
House Edge and Winnings Odds
The house edge and odds of the Field bet and Place bet can affect your profitability. So, they must be considered when applying the Iron Cross craps strategy to one of the most interesting table games.
Place Bets Odds
The winning odds of the Place Bets 5, 6, and 8 are 40%, 35.71%, and 35.71%, respectively. Place Bets have a lower house edge than the Field Bet, ranging from 1.52% for the number 6 and 8 to 4.00% for the number 5.
Field Bet Odds
The Field Bet on 2, 3, 4, 9, 10, 11, or 12 has a 44.44% odds of winning. The house edge for the Field Bet also varies, from 2.78% to 5.56%, depending on the payout rules for the numbers 2 and 12.
Benefits and Drawbacks of the Iron Cross Craps Strategy:
Is the Iron Cross craps strategy effective or flawed? Or is it just not worth the hassle?
Benefits
Bet Coverage: Iron Cross strategy increases winnings because it covers a wide range of numbers on the craps table.
Low Volatility: It focuses on compounding wins, which helps maintain one’s bankroll.
Simple To Apply: The execution process of the strategy is simple.
Drawbacks
Limited Payouts: The Iron Cross Craps strategy has a limited payout which may not be suitable for high rollers.
No Reduction in House Edge: The Iron Corridor approach to craps betting does not affect house edge significantly. It is also risky because of the high chances of hitting 7.
Bankroll Requirements: This strategy requires a reasonable bankroll because you’re spreading your bet.
Briefly Put
The Iron Cross craps strategy is a good strategy to minimize the risks you encounter at the table. However, it is not immune to the element of chance, especially when the house edge and the winning odds are considered. So, being dynamic is essential.
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