This betting strategy is one of the oldest yet effective methods to manipulate the monetary outcome of a craps game that benefits the winning player, which will hopefully be you soon enough! Five decades ago, rolling a double two or six only paid even money, but now casinos pay double money for snake eyes (two ones) and triple for two sixes. This payout structure brings down the house edge for field betting to only 2.78%.
The Iron Cross betting system doesn’t just require field bets, but also a place bet on the five, six, and eight, which means you have every number covered except seven. However, don’t start thinking just yet that you are on your way to an easy win.
Let’s Make Some Money Now!
The first thing you need to know about the system is that it requires a total of four separate wagers. We’ll be using ideal minimum wage examples since most readers are likely to be new at this and might want to have fun with it before investing more money. Your betting patter is as follows:
- 1st Bet – $5 on the field
- 2nd Bet – $5 on the number five
- 3rd Bet – $6 on the number six
- 4th Bet – $6 on the number eight
Keep in mind that if the dice are rolled onto a seven then you’ll be losing the entire investment, but if any other number is rolled you have it covered so you’ll be profiting. The $5 and $6 bets are $1 apart to ensure you are always at least making a profit of 9.09% of your $22 investment for each winning roll. If the dice is hitting sevens frequently then it might be best to choose another table because you just won’t win much money using this strategy. On the other hand, if the dice is running away from sevens then you’ll definitely be satisfied to see the profits trickling in at a fast pace.
Essentially the house edge when using this system is only 2.48%. Keep in mind that that’s less than a straight field or place bet, or even spreading money all across the table. There are a few other variants of the ‘Iron Cross’ betting strategy, but we’ll leave that for another article after you’ve mastered this one. It may also be worth mentioning that this specific strategy suits well with an action kind of player; because you will either win or lose on every single roll.
