Adapting to a Cold Craps Table

There can be some cases, when craps table becomes cold where the points and numbers will not hit. The normal distribution will take a crazy run but just for turning into the favor of player, it could turn into favor of casino. For instance, let’s consider flipping coins. The normal distribution over the time will show that we could expect heads to appear fifty percent of time and tails to appear fifty percent of time.

The short term distribution variance will show that in last fifty flips, forty five resulted in tails and only five would result in heads. If we should bet on heads for the fifty flips, we would have lost all our money. The same scenario is true for the craps table. The short term distribution will result in lot more seven outs than the points which we make and this scenario is called as cold table. The variance will go in player’s favor after the distribution corrects itself eventually which is called hot table. We should know what to do when the table is cold. read more »