Can YOU make a living playing craps?

Discussion in 'General Craps Discussion' started by TDVegas, Dec 18, 2016.

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Can you make a living playing craps?

  1. No way

    21 vote(s)
    58.3%
  2. Yes way

    15 vote(s)
    41.7%
  1. TDVegas, Dec 18, 2016

    TDVegas

    TDVegas Member

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    This would not be partial income or additional income. Whatever your yearly living expenses are...could you cover all those expenses by playing winning craps?

    I'm not looking for reasons why you can't or wouldn't do this (family, smoke concerns, location, travel, banning fears, etc). This is purely hypothetical.

    Simply, could you make your living playing craps? All other considerations don't apply.
     
    #1
  2. basicstrategy777, Dec 18, 2016

    basicstrategy777

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    You can make a small fortune playing craps.

    777
     
    #2
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  3. Dave G Ct, Dec 18, 2016

    Dave G Ct

    Dave G Ct Member

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    Well a couple of years ago MP took a year's recorded roll data sent in by a bunch of DI ers.Using a $2000 biginning BR and using 3% for your session buy in and initial bets of 6&8 $60 each he used a Kelly criteria to use that 3% buy in from an increasing BR.Result was plus $220,000 for that group of rolls.Yes it is possible but playing under pressure is a little different.
     
    #3
  4. Craps Poopshoot, Dec 18, 2016

    Craps Poopshoot

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    The questions should be: Do you really want to make a living with Craps?

    If you can deal with the smoky casinos, drunks, bad attitude dealers, crowds and the thugs that frequent casinos...

    Then you have to play ultra tight, no crapper bets!. There is nothing exciting about your play and you hope for small wins at each table you go to.

    No comps. Unlike the visitors who get comps because they are playing in a much more highly volatile method and often with a much higher buy-in; your play generates zero comps. Why even bother with a players club card?

    Its a grind. You win some you, lose some. You just hope to win more than you lose. Mistakes are costly, and can set you back quite a bit. It takes iron will discipline that is unbreakable to really make a living at gambling. Do you have that? Most people don't.
     
    #4
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  5. James Hall, Dec 18, 2016

    James Hall

    James Hall Member

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    Playing under pressure is a lot different , having spent a great portion of my life in competitive sports
    I can tell you , that pressure many times separates the champion from the also ran
    The champion thrives on even uses the pressure to enhance his game , while the others
    surrender to it
    The great problem is not caused by pressure , the problem comes from the basic mind set
    a person carries into the game
    STRESSING OVER HOW MUCH ONE CAN LOSE AS OPPOSED TO FOCUSING ON WHAT MAY BE WON
    is the primary and biggest problem
    The one focuses on success while the other fears failure .
     
    #5
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  6. Twelve4s, Dec 18, 2016

    Twelve4s

    Twelve4s Member

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    Sure, if you risk a small fortune.
     
    #6
  7. TDVegas, Dec 18, 2016

    TDVegas

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    If there is no method or system to beat craps (overcome HA)...then you cannot make a living at it. Hope is not a method. Neither is luck.
     
    #7
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  8. basicstrategy777, Dec 18, 2016

    basicstrategy777

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    Come-on now....you know the straight line to that joke.

    777
     
    #8
  9. James Hall, Dec 18, 2016

    James Hall

    James Hall Member

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    you are absolutely right however there are ways to make it work
    without losing a small fortune , the key is to have as much money on the table as early in the game as possible
    WITH LITTLE OR NO RISK
     
    #9
  10. tabletop123, Dec 18, 2016

    tabletop123

    tabletop123 Member

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    It is called "Heart"! You CANNOT Practice "Heart"! You must be born with it! Inherent! You can develop skill in a choosen craft, but the TRUE champions are unflappable!

    It is NOT that they don't feel the pressure! They simply have conquered fear! Jose Parica ( Google him) is one of the greatest players to ever wield a pool Cue! The heart of a lion. Dubbed "The Giant Killer", because he only stood 5:3, but he mowed down many a champion because of sheer heart , & determination!

    To truly win at craps ( consistently), you must possess that "Outlier" gift. Doesn't matter if it's inherent, or developed through many years of practice, BUT YOU MUST HAVE IT!

    Ever notice how some people shoot better than most? I posted in a old post wherein I met one such person! She is NOT a Di! God given talent, luck, or whatever you want to call it!

    Now, TD will post that no such people exist, but they do! No, I do not follow her around from Casino to Casino ( that would be TD's rebuttal), but I trust WHAT THE DEALERS, & THE PIT BOSSES tell me.........that she wins at a VERY alarming rate! However, she is no threat, because she won't bet Shit!

    Funny thing is that she makes more money from tips from other players than she does from her own shooting! She is a $5 bettor, & that's just the way it is!

    She is the ONLY person that I HAVE WITNESSED that I can TRULY say that CAN make a living (if she would bet more money) playing Craps!

    Now, I have NOT been to Cherokee (where she plays) in almost a year, but I am QUITE sure that she is still doing well with her Bullshit $5 bets, & her $2- $300 tips from other players!

    Outliers are the ONLY ones that stand a chance! You CAN develop skills to toss dice accurately, & in tandem, but without that God-Given gift, you'd better keep punching that clock at the Job!

    See you at the Top!
     
    #10
  11. Onautopilot, Dec 18, 2016

    Onautopilot

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    Well, you could make a good living playing craps, but not in a casino.

    If you elect to make your living at "street" craps, be aware of the short life expectancy associated with that type of advantage play. :)
     
    #11
  12. dicepunk, Dec 18, 2016

    dicepunk

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    When it comes to meeting daily living expenses and making a profit on top of that, I do not think you can make a comfortable living playing craps. As a supplement to existing income streams, sure. However the old guys with their mortgages and consumer debt paid off while receiving a pension certainly can. The question is relative, in that it depends on one's personal circumstances. A young twenty something with no job, moving to Vegas and trying to make a living playing craps isn't going to be successful especially if they pay rent, pay for health insurance, pay for all the other living expenses, and save for retirement. I say good luck with that.
     
    #12
  13. Onautopilot, Dec 18, 2016

    Onautopilot

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    I notice that 25% of the posters say that you can make a living playing craps.

    Makes me wonder why they are on here voting.
     
    #13
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  14. lone irish digit, Dec 18, 2016

    lone irish digit

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    I didn't vote but I think a young twenty person could make a good living playing craps if he lived in Vegas. He wouldn't have to pay Federal Taxes and he might actually get free money from the IRS/Fed Gov. On the other hand, he probably wouldn't get Obama Care so he might be fined if he did file Fed taxes. He could also, while in the casinos, pick up easy money vulturing, hawking, and buffalo hunting. And if he wanted to work part-time he could card slap or do the uber thing if he he/she had a car. And a twenty thing wouldn't have to pay for living expenses or save for retirement since he could live in the tunnels under the highway and probably wouldn't have to worry much about retirement since his life expectancy would probably be shortened.
     
    #14
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  15. dicepunk, Dec 18, 2016

    dicepunk

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    Yeah, I guess technically you could go on the public dole and work the craps tables as a side gig.
     
    #15
  16. Craps Poopshoot, Dec 18, 2016

    Craps Poopshoot

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    And yet... There are guys doing just that!

    I just meet a young man who is a pro sports better. He got lucky with a Craps game and won 15K, then by chance meet Vegas Dave and as he says 'the rest is history'. He moved to Las Vegas 6 months ago and lives in a nice apartment just a few blocks from The Strip.

    Other guys I know find loopholes and exploits in various games and rack up the points then cash them out for hard cash- then get lucrative free play that they know how to cash out at near 95% or higher. I meet a poker room guy who lives in the hotels around Las Vegas. He says a lot of young guys are doing what he does, thriving off the visitors who think they can play poker.

    Guys like Bob Dancer does has done very well with Video Poker over the years. Many others do well enough to make it worth their time even today. I see both young and old playing video poker at certain casinos where if you are good, you can actually grind some profits.

    I know a few Craps players who do well just with just Craps alone. They buy in for 5K and typically make 1 to 2 K profit. You tell me if you can live on that.

    Its not a normal life. It is feast for famine. It is not secure, and not one that a lot of people can deal with or want to be in a relationship with such a person who lives like this.

    Lots of Local Las Vegas player are PT gamblers. Many do well enough to supplement their paychecks and buy toys.

    If you don't think you can make it as a gambler, then you won't. You have to have the right mindset to thrive in Vegas!
     
    #16
  17. badddoin, Dec 18, 2016

    badddoin

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    Jiminies, already!

    If you start with a large fortune.
     
    #17
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  18. gargoil, Dec 18, 2016

    gargoil

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    Just say NO. That's the answer TDV is looking for. Agree with him and he will move on. Say anything else and this thread will be another 80 pages of mine is bigger then yours.
    Geez people learn from history.
     
    #18
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  19. Onautopilot, Dec 18, 2016

    Onautopilot

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    When someone says they are making a living playing a negative expectation game, that claim would seem counter intuitive to most rational people.

    When asked to explain their claim, and how they manage to accomplish it, they usually add that they are able to change the expectation to a positive one, using various techniques. Those include dice control, or some form of bankroll manipulation combined with a sort of precognition, or dice bias identification and exploitation of that bias.

    Those explanations also tend to be counterintuitive to a logical and critical thinker. Physics, casino oversight, and a doubt of precognition come to mind.

    This does not mean that the claims are necessarily false, but that on the surface, they are very suspect, given all the parameters involved in the game of casino bank craps.

    So to me and many others, I think it is a matter of "show me", just telling me is only a story. Nothing wrong with a story, but also nothing wrong with questioning a story.

    "Questioning things is an intelligent exercise, especially questioning things I believe to be fact." (Source unknown.)

    It's a two way street! :)
     
    #19
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  20. Liman

    Liman Member

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    ofcourse people earn a living from craps.
    Just read any craps board.
    I myself have to prepay taxes every year because of the 150-170 thousand I take off the tables every years.
     
    #20
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