Megabucks boast that it paid the biggest slot jackpots in the history of Vegas. One of its lucky winners was Trinidad Torres. She is a 78-year-old from Utah who played $100 and managed to win over $10 million in the jackpot. She plans to use the winnings to travel to the Philippines and get a yellow Mustang. An avid craps player, he has been known to fly to five different casinos in five different cities on mega “craps tours”, betting $100k on each roll of the dice. Phil Ivey is known for being a great poker player, but he also likes to shot the craps for large sums.

Sean Connery’s Roulette Run. Sean Connery grew up around gambling, even going with his father on. I play craps for the action. I'd rather pull my own teeth than making only a $25 line bet on either the do or don't. Pass line with full odds plus two Come bets the same way, maybe place the 6 or 8, never place 5 or 9. Been playing craps a few years and have won a couple of thousand here and there. Last week I bought it for $1000 and started playing. Was down to $300 when the dice headed my way.

With the busy World Series of Poker schedule behind us, PokerNews brings you a Vegas tale from Sin City's past.

Take a break from the poker action and check out one of gambling's most amazing runs at the craps table.

The California Hotel and Casino sits a bit off the beaten path. Located far away from the Las Vegas Strip, the old casino founded in 1975 sits at the intersection of East Ogden Avenue and North Main Street.

Main Street Station is across the street, but the Cal sits a bit outside the unique festive atmosphere of the Fremont Street experience.

The casino has long catered to residents of Hawaii and a trip inside exudes that relaxed atmosphere that founder Sam Boyd brought to the property.

That effort attracted many gamblers from the islands looking for a good gamble and they still flock to the action there today.

The state doesn't have casino gambling and from its early days, Boyd offered cheap vacation packages for islanders and even island culinary delights, and still does. Deals on chartered flights from Hawaii sometimes were as low as $9.90.

The Cal's website even uses the tagline, 'Aloha Spoken Here,' and dealers even sport Hawaiian-print shirts.

The casino has become so ingrained with many island gamblers that in 2008 the University of Hawaii Press published the book California Hotel and Casino: Hawaii's Home Away From Home.

Flying over for weddings and other special occasions at the downtown casino became a regular for many islanders.

Craps is a fairly easy game. In essence, a shooter rolls to establish a point number (4, 5, 6, 8, 9, 10) and then attempts to roll that number again before hitting a seven (crapping out).

Wagers on the board vary, but if the shooter hits that point number without rolling a seven, those betting with the shooter win. A few nice rolls can certainly make for a fun night.

However, rolls rarely even make it into the double-digits and streaks of more than 30 minutes are rare.

But on May 28, 1989, Oahu native Stanley Fujitake defied all the odds. A regular at the Cal, Fujitake was also a regular dice player. Around midnight, he dropped $5 on the pass line and took the dice in hand.

What followed became a Las Vegas legend.

'There were at least 30 to 40 people trying to place bets at his table.'

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Fujitake continued to roll for just over three hours. Crowds gathered around throughout the night to take in the mystical roll – those red dice bouncing along the green felt and hitting point number after point number.

Guido Metzger was dealing craps at a table next to Fujitake's table that night. Now director of casino operations for Boyd Gaming's downtown properties, Metzger remembers the as something he had never seen before at a casino as dealers struggled to keep up with players' wins as more and more players tried to squeeze into the action.

“They had trouble keeping up with the chip payouts that night,” Metzger said in 2014 in an issue of Boyd Buzz. “My table was empty. But there were at least 30 to 40 people trying to place bets at his table. They couldn't get fills to the table fast enough and had to start issuing scrip [casino credit] because not enough people were going to the cage and cashing in their chips.'

During his historic night, Fujitake rolled 118 times for 18 pass line winners. After beginning with the table minimum, the sharpshooter had increased his bet to the table maximum of $1,000 when he finally passed the dice. Friends said on a previous trip Fujitake has rolled the dice for an hour and 45 minutes. Casino staff were astounded at the scene.

“Half an hour is average, over an hour is amazing, but more than three hours is totally astounding,” casino manager John Repetti told the News at the Cal in July of ‘89 after Fujitake's accomplishment.

The craps king passed away in 2000, but his widow Satsuko recently spoke with Hawaii News Now about that amazing night.

'It was a miracle, because it's impossible to hold the dice,' said Satsuko, who introduced her husband to the game. 'It doesn't happen all the time, maybe it's only once in a lifetime deal.'

Fujitake took home about $30,000 that night, Satsuko said, and the California Hotel and Casino paid out about $750,000 in winnings to players gathered around with their pass line and other bets at the table.

“That was one of the ironic things about his roll – the other players at the table ended up winning a lot more money than Stanley did!” says David Strow, Boyd Gaming vice president of of corporate communications.

While the casino may have lost big bucks that night, Boyd took it in stride and turned the legend of Stanley Fujitake into a marketing opportunity, and reward, for craps players. He was nicknamed “The Golden Arm” and the casino has since hosted the the Golden Arm Club. Inside a glass trophy case, Fujitake's hand is cast in bronze holding those winning dice from that night.

Next to the case, small golden plaques display the names of all those players who have rolled for an hour or more become members of the club, which averages about on player a month.

How does one earn entry into the Golden Arm Club? Simply roll without sevening out for an hour. More than 300 players can now call themselves members. Roll for 90 minutes or obtain Golden Arm status more than once and your name gets placed on the even more exclusive Platinum Wall located on the mezzanine level of the casino. Fujitake was a platinum member himself after reaching the one-hour threshold a staggering four times.

The Fujitakes visited the California often and while he may be gone, the Hawaiian craps champ won't be forgotten. The Cal even hosts the annual Golden Arm Craps Tournament in his honor. His wife Satsuko told Hawaii News Now: 'As my husband of 54 years, in my heart, he is still the champ to me and will be forever.”

I’m writing a series of blog posts about casino games and the good and bad strategies for playing those games.

Craps is one of my favorite casino games, so I’ve been looking forward to writing this one.

And the beautiful thing about craps is that it’s a game of pure chance. The best strategy is just to choose the bets with the lowest edge for the house and have fun.

But I’ll have some things to say about some of the strategies and systems that other writers promote, too.

They’re mostly bad craps strategies.

Here’s the Only Craps Strategy You Need

When you’re dealing with an entirely random game – like craps – the only strategy that matters is choosing the bets with the lowest house edge and having fun.

I’ll have something to say about shooters and whether they have control over the outcomes later in this post, but for now, let’s just agree that games like craps are purely chance.

In other games that are entirely random, like slot machines, you don’t even really need to decide which bet to place. It’s chosen for you before you sit down.

When playing craps for real money, you have a handful of good bets you can make, but most of the bets on the table are bad. Just skip the bad bets, and you’re all set.

The Bests Bets at the Craps Table

The best bets at the craps table are the pass line bet and the don’t pass bet.

The come and don’t come bets are also great wagers.

I always advise casino gamblers to try to limit their gambling to games where the house edge is lower than 2% — preferably 1.5% or lower.

The house edge for the pass and come bets is the same, 1.41%, which means they qualify.

The house edge for the don’t pass and don’t come bets is even lower, 1.36%, but the 0.05% isn’t worth worrying about. Most people prefer to root for the shooter to succeed.

The other bet to think about at the craps table is the odds bet. This is a bet you can only place after making one of the 4 bets I already mentioned and when the shooter has set a point.

This is one of the only bets in the casino that has no house edge. It’s a break-even bet, but it can be expensive.

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It can also drive the effective house edge on the money you have in action down to almost nothing.

Here’s how that works.

How the Odds Bet Changes the House Edge for the Better

If you’re betting on the pass line and the shooter sets a point, you can expect to lose $1.41 for every $100 you bet. That’s on average and in the long run.

If you’re playing at a casino that only allows you to place an odds bet at 1X the size of your pass line bet, you can put another $100 into action.

Your expected loss remains $1.41, though, which effectively cuts the house edge in half, from 1.41% to 0.71%.

If you’re able to bet 2X your original bet on the odds bet, you can lower that even further to 0.36%. (You have $300 in action, but your expected loss is still only $1.41.)

The more you’re able to bet on the odds bet, the lower the house edge for all the money you have in action becomes.

It’s clear why betting on the pass line and taking the most odds that you can is an effective strategy. With the odds bet, you can get the house edge in craps lower than 0.5% at least some of the time at the table, making it an even better game than blackjack.

And what’s more, you don’t have to memorize basic strategy to get the low house edge at craps.

You just need a big enough casino bankroll to make the right bets, and you need enough sense to avoid the bad bets at the table – of which there are many.

Any Strategy that Involves Placing ANY Other Bets at the Craps Table Is a BAD Craps Strategy

There’s a reason gambling experts measure bets according to their house edge. That’s because it’s the single best indicator of how good or bad a bet is.

The house edge is a statistical estimate of how much money you’ll lose as a percentage of your original bet over the long run.

If the house edge is 1.41%, the casino expects to win an average of $1.41 every time you bet $100.

If the house edge is 16.66%, the casino expects to win an average of $16.66 every time you bet $100.

Which bet looks like the better bet for the casino?

And which one looks like the better bet for the gambler?

It shouldn’t be hard to make the distinction.

Even the best of the bad bets on the craps table are inferior to the 1.41% or 1.36% you can get from the pass, don’t pass, come, and don’t come bets.

And trust me on this:

You can have PLENTY of fun sticking with the basic bets at the craps table.

Betting Systems Where You Raise and Lower the Size of Your Bets Are Bad Strategies

The classic example of this kind of betting system is the Martingale System, where you double the size of your bets after each loss. When you do this repeatedly, you eventually win back the money you’ve lost along with a profit of one unit.

The problem with a system like the Martingale is that you’ll eventually run into a big enough losing streak that it will wipe out all those small profits and then some.

Most people underestimate how quickly a bet’s size gets when doubling after every loss.

They also overestimate how likely they are to avoid long losing streaks.

If you double a $5 bet once, that’s $10.

But if you run into a losing streak of 8 bets in a row, you’re looking at having to bet $640 to make up for your losses.

Also, every roll of the dice is an independent event. The odds don’t change based on how many times you’ve won or lost in a row.

You might think the probability of losing that 8^th bet is lower than the likelihood of losing the first one, but the truth is that the dice have no memory. They have the same 6 sides, no matter how many times you’ve lost in a row.

Each bet in craps is an independent event, and any betting system will assume that the odds are changing based on how many times in a row you’ve won or lost.

Money Management Strategies Don’t Hurt Anything, but They Won’t Improve Your Odds of Winning, Either

Money management strategies involve having strict gambling discipline about how much of your bankroll you’re willing to risk before quitting the game. They also require you to stop when you’ve won an arbitrary amount of money.

Money management techniques are often used in conjunction with betting systems.

Here’s an example of a money management strategy in craps:

You decide your bankroll for the session is $250, and you’re playing for $5 per roll of the dice.

Your stop-loss limit is $100, so, if your bankroll drops to $150, you must quit the craps session and go do something else.

Big Winners In Vegas

Your win goal is $250, so once your bankroll gets up to $500, you must quit the game and go do something else.

This kind of strategy might increase your chances of walking away from the game a winner.

But that’s only because a lot of gamblers will just keep playing until they’ve lost their entire stake. They just don’t generally have a lot of sense about that sort of thing.

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The Jury’s Out on Dice Setting or Dice Control

I’ve seen multiple reputable gambling writers express interest and some belief that some craps shooters can influence the probability of specific outcomes. I’m skeptical – in the extreme – but I’ll give it an appropriate amount of credence.

The idea is that you hold the dice a specific way – “setting” the dice – then throw with a minimum amount of force – just enough to hit the back wall and eliminate most of the rolling action.

A controlled shooting expert doesn’t have to be perfect. Instead, they’re trying to be like someone who’s playing darts. They improve the probability enough to change the negative expectation on a bet to a positive expectation.

You can buy books and videos explaining how to get an edge at craps this way, but I can’t imagine the amount of practice and record-keeping required to have any confidence in your ability to change the odds.

Imagine if you spent 1000 hours trying to learn how to control the dice and coming up short. Maybe you just don’t have the knack for it.

That doesn’t sound like a good deal to me.

I’d rather learn to count cards in blackjack.

Conclusion

Those are the best and the worst of the strategies I know of for playing craps in the casino. I know plenty of people who would disagree with every recommendation I’ve made, but the math behind the game doesn’t lie.

The best strategy is to stick with the bets with the lowest house edge and have as much fun as you can.