Craps Money Management | Color Up Method

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  • เผยแพร่เมื่อ 28 พ.ย. 2024

ความคิดเห็น • 123

  • @LiveWellUkraine
    @LiveWellUkraine 4 ปีที่แล้ว +12

    This will not be your most popular video. But it is your most important video.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +4

      Thanks, probably correct.

    • @tendaychart
      @tendaychart 3 ปีที่แล้ว +3

      @@ColorUp This SHOULD be your most important video. I follow John Patrick. John is the only one I found who makes total sense when it comes to gaming. The Big 4, the Little 3. Bankroll, Knowledge, Money Management, Discipline. - Theory, Logic, Trends. Gaming is NOT fun when someone lost their whole bankroll. Gaming is a business and should be treated like one. Some of your approach def follows his approach.

    • @buckeyeslim6177
      @buckeyeslim6177 2 ปีที่แล้ว

      I was kinda thinking the same thing. I know other craps players that have watched this video and they swear by this method. This is one of the videos on TH-cam that EVERY Craps player should watch. It's definitely become a staple of gameplay for many. I use too many different strategies to use this method exclusively, but I do somewhat use this method.

  • @brucelee9346
    @brucelee9346 4 ปีที่แล้ว +4

    yep, money management is the key to life. even in a boardgame management of resources and setting limits in gaming I would set loss limits and session limits It was kind of a surprise when I started hearing about Winning Limits. My Dad use to say never leave a winning machine...I kind knew that was wrong when he had to borrow money from me so we could get home. I loved my Dad, but Holy Moley.

  • @lindafoxwood78
    @lindafoxwood78 4 ปีที่แล้ว +1

    Absolutely the best Bank management video on TH-cam. The Bank you have is the entire 3 day amount. Lets say you have 20K in mind and you will only use 10% of that or $2K, for a 3 day game at 3 events a day. In this case: your 1st event lost $200, you move on. Your 2nd event lost $200. At each of these events you walk after the management loss of $200. Each event is managed: WHEN you win an event - you can leave the table at $600 up or 30 minutes in the game. I mention only these 3 events/sessions as you see it is back to even win/loss.

  • @williamcarey8529
    @williamcarey8529 4 ปีที่แล้ว +11

    This was a great video with great advice!! When I go into a casino I walk in with what I am willing to lose with nothing else!! For example, I leave ALL my debit and credit cards in my truck or car and I play with that only!! With that strategy I don't lose anymore than what I waked into the casino with!!

    • @Shawk95
      @Shawk95 4 ปีที่แล้ว +1

      If you walk into a casino with a losing mindset, you will most likely lose. But its good that you set a loss limit.

    • @frostbound
      @frostbound 4 ปีที่แล้ว +1

      @@Shawk95 if you walk into a casino you will lose. Full stop.

    • @Shawk95
      @Shawk95 4 ปีที่แล้ว +1

      @@frostbound Generally true because most gamblers use wrong betting system and don't have emotional discipline. I've chalked 6 figure wins playing Blackjack using positive progression. If its not working out, I am not stubborn and simply walk away because tomorrow is another day. Gambling should be treated like a business. If conducted correctly with sufficient capital, its quite lucrative.

    • @MrMalibu84
      @MrMalibu84 3 ปีที่แล้ว +1

      I don't even do that. I bring the cash with no temptation for a reload.

  • @grunkhouse
    @grunkhouse 4 ปีที่แล้ว +2

    I do a similar strategy. I buy in at a $10 table for $500. I use your favorite betting strategy; Pass line, field, 6& 8 then place the field/place winnings for full coverage- collect then press on wins ($44 investment per shooter) I run through the bankroll or 11 shooters; after the 11th shooter if I doubled my money I walk away. If not I play what I won with the same strategy until I either run out of bankroll or double my buy-in. It is just fun for me that way!

  • @robertallen1085
    @robertallen1085 4 ปีที่แล้ว +3

    I'm a low roller, and measure the session relative to my original buy-in. I work a scheme of "session breakpoints": if I get to a breakpoint, that's the end of that session; cash out and walk away.
    My profit breakpoint is +50% of my original buy-in.
    My loss breakpoint is -75% of my original buy-in.
    My time breakpoint is 1 hour of play, or approx. 100 dice rolls.
    If I have bought in for $200, I walk away if I have $300 ($100 profit), or if I have $50 ($150 loss), or I've played for 1 hour and haven't made $100 profit or $150 loss.
    I allow more margin on the downside (-75%) to recover from downswings, which seem to be bigger than upswings.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      I like it...

    • @jimklemens5018
      @jimklemens5018 2 ปีที่แล้ว

      I usually see about 40 to 70 rolls in an hour.

  • @jenniferotto8662
    @jenniferotto8662 4 ปีที่แล้ว +3

    That's great. I've always struggled with this aspect of moving it around. Thanks for such a clear explanation!

  • @michaelbarron8421
    @michaelbarron8421 4 ปีที่แล้ว +1

    Love this! I followed a similar method. In NY its $15 and $25 tables...I only choose to use $300 per session. This past trip I did horrible...but it's gambling...This is a good way for people starting out to manage.

  • @MrCarnage502
    @MrCarnage502 หลายเดือนก่อน

    I went to the tables today with 10x my max bet for each shooter at $15 table and played for hours! This is good advice! However, I will say you need a lot discipline for this and I end up changing my bets after an hour and a half so bring more than that if you tend to press/change your bets for fun.

  • @justwatching1980
    @justwatching1980 4 ปีที่แล้ว +1

    I used to bring $1000 for a $10 table. Then a casino opened up closer to me they had only $25 tables. I tried the same $1000 strategy and lost my shirt multiple times. I think I need 100x the minimum bet to make it work. But I never felt comfortable enough to throw down $2500 onto the table. I should have, though, because I ended up losing much more over the year and two months that I played there. That’s one good thing that came out of this whole pandemic. No more weekly craps losses!

  • @sarry419
    @sarry419 4 ปีที่แล้ว +4

    starting from the bankroll. I usually am a weekend trip gambler with my family so a decent chance I can just watch and get some enjoyment, so I pull 3-500 for the weekend as a whole; my sessions are about 100 buy-ins unless I have a plan. Keeping that logic in place a full week for gambling would be about 2000 (I don't have the income to be high roller). Also, any money I pull is never put back into my normal money stream (checking, etc), this isn't income this is fun, so anything I come back with I make as additional payments for debts to try to have some overall benefit besides enjoyment.
    I do stop limits on games that are electronic in nature, normally half of what I buy-in, and raise the stop as I win.
    Table games I wear cargo shorts and slip winnings into my pockets and play until I have no money in front of me. (really good for Pai-gow poker)
    Craps I normally siphon winnings for tokes for dealers and do once through the method on whatever strat I chose at the time.
    Hope someone found some useful tips in here. Cheers

  • @howellwong11
    @howellwong11 4 ปีที่แล้ว +4

    My money management is simple, when I lose $700 or win $1400, I quit. In between, I play only Pass, Come lines and their odds. I also play only on $5 minimum with 20X odds and never place more than $5 on any single bet. The $700 is the price for the ticket I pay for a day of entertainment. The most difficult part is deciding when to quit a session or quit while you are ahead by less than $1400. I don't remember when I last lost, so my strategy has served me well.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      doubling your money every time is a tall order, but glad to here things are going your way

    • @scottdaunhauer2453
      @scottdaunhauer2453 4 ปีที่แล้ว

      WHENEVER You can leave ahead, you've done a good thing! I used to do the same thing.

    • @jimklemens5018
      @jimklemens5018 2 ปีที่แล้ว +1

      You might want to try Place bets rather than Come bets. They are way easier to press on a long roll.

    • @howellwong11
      @howellwong11 2 ปีที่แล้ว

      @@jimklemens5018 I still prefer the Come bets because when you press (playing the Odd bets) you get true odds. I play only on $5 minimum with 20X max odds crap tables.

    • @jimklemens5018
      @jimklemens5018 2 ปีที่แล้ว

      @@howellwong11 When your flat bet is $5, how much will you press your Odds bet up to?

  • @WClark-lp9vc
    @WClark-lp9vc 4 ปีที่แล้ว

    This is great subject that we should all consider, much needed.

  • @jkc0721
    @jkc0721 3 ปีที่แล้ว

    Great video. I've been counting my chips after every couple shooters to see where I stand. This will make things a bit easier.

    • @ColorUp
      @ColorUp  3 ปีที่แล้ว +1

      Some say it’s bad luck to count chips during roll :) gotta love all the superstitions of this game

  • @cnasty333
    @cnasty333 4 ปีที่แล้ว

    Great video and great comments on content. I personally play not money wise but time wise. I play for say 3 hours and regardless what happens i finish at that point.

  • @_its_ish_
    @_its_ish_ 4 ปีที่แล้ว +1

    New to craps and I have learned a lot from your videos. Never thought about this but from the looks of it I need around $1300 to be able to play 2 sessions for per day for 2 days... Geez this game is expensive lol. I would still need to put aside money for black jack. I don't think I can afford to play craps now :(

    • @brizzlex1919
      @brizzlex1919 2 ปีที่แล้ว

      Screw blackjack craps is so much more fun

  • @beardown1995
    @beardown1995 4 ปีที่แล้ว +1

    Bankroll is in a separate bank account
    $500 taken to the casino. May play all or some blackjack winnings.
    Buyin front left tray
    Roll bet front right until I’ve won out of the roll
    Roll winnings back left tray when the I’m out of the hand (shooter has won back the roll bet)
    Buyin winnings back right tray
    Walk away when buyin tray moves to the winnings tray

  • @Kevin-TurtlesMidnightCraps
    @Kevin-TurtlesMidnightCraps 4 ปีที่แล้ว

    Well done! I like your use of the rack how you have demonstrated. I will implement that into my bankroll management. It’ll keep me from throwing the checks into my pocket to lock them up lol

  • @bill0804
    @bill0804 3 ปีที่แล้ว

    Thank you for the video….. big win this week for the Browns woof woof

  • @mlb_zity1276
    @mlb_zity1276 2 ปีที่แล้ว

    Very great info!!!! The only different thing that I do is that I play only with some of my profit and bit bigger and maybe change strategy & when I lose that I’d leave or adjust if I win again, thanks.

    • @ColorUp
      @ColorUp  2 ปีที่แล้ว

      Absolutely!

  • @Cloud_TNT
    @Cloud_TNT 2 หลายเดือนก่อน

    When you first get to the craps table, do you wait for a new shooter to start betting or do you start your betting mid session?

    • @ColorUp
      @ColorUp  หลายเดือนก่อน +1

      You can start anytime, good craps etiquette though would be to wait for luck to go “off”

  • @jacobrockwell353
    @jacobrockwell353 4 ปีที่แล้ว +1

    Hey! I just wanted to say I haven't played craps at a casino yet but I plan on going this Sunday. I usually just play roulette but I get tired of just throwing money in a hole, not to mention roulette is kind of a single-player game. I have watched a ton of your videos in the past couple of days and I like the "Iron Cross" the most. I do have a question though, how are the top or inside bets calculated? and do you have to bet table minimum for every bet on the table?

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      each bet has to meet the table minimum. 5/9 gets paid 7:5 and 6/8 gets paid 7:6 the field bet is 1:1 unless hit 2 or 12

    • @jacobrockwell353
      @jacobrockwell353 4 ปีที่แล้ว +1

      @@ColorUp ok thank you so much! I really appreciate it! I will see if I can win anything in your name haha

    • @jimklemens5018
      @jimklemens5018 2 ปีที่แล้ว +1

      The iron cross requires abnormally long rolls in order to make money.

    • @jacobrockwell353
      @jacobrockwell353 2 ปีที่แล้ว

      @@jimklemens5018 it does lol, I found out that here in Connecticut mins are 25, I ended up just playing for fun can't remember if I came out a head or not it was a while ago lol

  • @mikejohnson3375
    @mikejohnson3375 4 ปีที่แล้ว

    As always, a great video. Good take home info!!

  • @SameBet
    @SameBet 4 ปีที่แล้ว

    Great video on money management!

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      Thanks David!

  • @chaddsmith3354
    @chaddsmith3354 4 ปีที่แล้ว

    Thank you! Very helpful!

  • @elizabethhardin5925
    @elizabethhardin5925 4 ปีที่แล้ว

    Blackhawk in Colorado?

  • @MrMalibu84
    @MrMalibu84 3 ปีที่แล้ว

    I used to play $22 inside with a press & pull strategy. It worked well because I could recoup the set up 85% of the time. But most places are now $10 tables making it $44 inside. I know that the system is the same but if I bring $300 I can only reset 6 times if I'm stuck in bad rolls. I've thought about moving my play to a simple $24 6/8 still using the press pull. What's your take on this.

    • @ColorUp
      @ColorUp  3 ปีที่แล้ว +1

      I’d probably go with $44 inside to pick up those extra 8 dice combos for 18 of 36 combos instead of just playing with the 10 combos of 6/8.

    • @MrMalibu84
      @MrMalibu84 3 ปีที่แล้ว

      @@ColorUp Also for the purpose of your video your short rolling. I'm of the believe that those dice need to fly to the end of the table. And I aim for the corner. Gets a lot of bounce. Can't create a roll. And I've seen so many playing with the dice TRYING to create a roll. But when I hit the corner dice usually end up Midway on the layout.

    • @ColorUp
      @ColorUp  3 ปีที่แล้ว

      The dice do what they want. Once they hit that diamond wall it creates a random roll

  • @colonelpotter
    @colonelpotter 3 ปีที่แล้ว

    I always put chips in my pocket when I hit big $25 at a time and keep the rest as play money

  • @Shawk95
    @Shawk95 4 ปีที่แล้ว

    Before placing any bets, I watch the table for a while. Chances are that if a table is cold, it will remain cold for a while and vice versa. Hence, I put my money with the trend of the table. My default betting is on the don't pass line. This earns me dirty looks from other gamblers which disturbs me.

    • @chrisyoung8691
      @chrisyoung8691 4 ปีที่แล้ว

      I love gamblers playing the don’t when I am rolling. I have run so many don’t players off the table, it has grown to be a goal of mine...

    • @Shawk95
      @Shawk95 4 ปีที่แล้ว

      @@chrisyoung8691 See this is what I'm saying --- the hostility from the pass line bettors --- they feel I'm casting an evil spell on the table.

    • @chrisyoung8691
      @chrisyoung8691 4 ปีที่แล้ว +1

      @@Shawk95 I was teasing. About running them away. Means I am rolling well! What I was really saying is don’t players don’t bother me. I have told many players that how a person bets will never change the probability of the dice. However, you are correct that many Crap shooters are silly superstitious

    • @Fandoorsy
      @Fandoorsy 3 ปีที่แล้ว

      Unfortunately, 'Cold' and 'Hot' arent real things in the world of statistics. When they put up tote boards on the roulette tables, profits increased over 1000% because the gamblers didnt understand the law of independent trials.

    • @Shawk95
      @Shawk95 3 ปีที่แล้ว

      @@Fandoorsy Theoretically, you are right but the world of statistics is based on the long-term outcomes. In the short-term, hot and cold streaks keep happening at all hours on every table in every casino.

  • @redchipper
    @redchipper 4 ปีที่แล้ว

    Great info and great video.

  • @Dmartinez9959
    @Dmartinez9959 4 ปีที่แล้ว

    Same bankroll management I use 😎

  • @markadkins9290
    @markadkins9290 2 ปีที่แล้ว

    That was great!

  • @rogervo1965
    @rogervo1965 4 ปีที่แล้ว

    good advice my man, but the truth is, for gamblers, it goes in one ear and out the other.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      for some, that is true

  • @gervaismarti988
    @gervaismarti988 4 ปีที่แล้ว

    Very Nice money video, tx

  • @cosplaytimecapsule
    @cosplaytimecapsule 4 ปีที่แล้ว

    best money management is not to play. In this video the evidence was clear.

  • @eliasrenuk
    @eliasrenuk 2 ปีที่แล้ว

    do you have a club

    • @ColorUp
      @ColorUp  2 ปีที่แล้ว

      Colorup.club

  • @brycecrittenden2789
    @brycecrittenden2789 4 ปีที่แล้ว

    Kelly Criterion all the way

  • @junjlo
    @junjlo 3 ปีที่แล้ว

    kinda do what you do but have my wife rotate from the table to the room she takes 20 or so at a time

  • @1021Jim
    @1021Jim 4 ปีที่แล้ว

    Most people fail to plan. They don’t plan to fail. But they do fail.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      Thats why the casinos have so much money

  • @pic-an-roll4931
    @pic-an-roll4931 4 ปีที่แล้ว

    Algorithms to the Max

  • @liudizzle
    @liudizzle ปีที่แล้ว

    I never walk away from the table until I lose it all

  • @Twinsen764
    @Twinsen764 4 ปีที่แล้ว

    Don't think they have $5 tables in Blackhawk now. If you know any, feel free to share them.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      Haven't been there yet to verify. Isle did respond online and say that craps are still $5.

    • @Twinsen764
      @Twinsen764 4 ปีที่แล้ว

      Thanks for the update. GrandZ said they had $10. I told them to reconsider having $5's until 6 pm. I think that's fair.

  • @michaelkim5977
    @michaelkim5977 4 ปีที่แล้ว

    If I am a shooter and have confidence, I would bet more than 30 dollars on the pass line, I would win up 500 dollars. 3+4 2+5 6+1 = 7 or eleven. When I won 500 dollars on the craps table, I remember one asian dealer gave me eye contact and she said," you won a lot of money you should leave the table".
    I don't like to play poker when a college student's mom asked floor manager to make his son stop playing poker and yelling . I assume he lost a large sum amout of money on the poker table.

  • @Gary-fj7bn
    @Gary-fj7bn 4 ปีที่แล้ว +1

    Three point seven outs in a row I leave the table no matter what.

    • @Shawk95
      @Shawk95 4 ปีที่แล้ว

      Me too.

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      Not a bad idea

  • @maxxbett7313
    @maxxbett7313 4 ปีที่แล้ว

    How much do you normally buy on for? I have no money management system I play like a dealer lol. I buy in for a thousand and in an hour I'm either gonna be broke or have twenty thousand dollars. BTW your buy-in has nothing to do with comps it has everything to do with your play (min bet) and how much the pit boss likes you because you are actually "rated"

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      200-300$ if I had $1000, I would buy in for that ;)

    • @maxxbett7313
      @maxxbett7313 4 ปีที่แล้ว

      @@ColorUp once a month if im lucky! But house food family first the most important thing. Its hobby and nothing more. And while not as exciting as dice but #coloruppoker ;)

  • @MrBackspace4848
    @MrBackspace4848 4 ปีที่แล้ว

    I dont understand why you dont play the pass? dont pass with odds?

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      Just not in this video. 100s of different ways to play and why the game is great.

  • @frostbound
    @frostbound 4 ปีที่แล้ว

    Not nearly enough people understand or appreciate this. These games are meant for FUN not profit. Manage your money and you can have fun. Mismanage or don't manage and it will never be fun

  • @markabrian1925
    @markabrian1925 4 ปีที่แล้ว

    Lol i joined as the credits rolled....

  • @Iamhallucinatingnow
    @Iamhallucinatingnow 4 ปีที่แล้ว

    Hard ways aren't one roll bets..

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      correct, they are not, if said so, I misspoke, I was thinking of the field on horn bets

  • @CMCSkyValley
    @CMCSkyValley 4 ปีที่แล้ว +1

    Mixing a bunch of different chips together per denomination is super distracting. Having to constantly break attention to try to figure out what your bets are makes the videos less enjoyable!

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      Different chips? White is $1, red $5. You mean different designs on them? I go by color.

    • @CMCSkyValley
      @CMCSkyValley 4 ปีที่แล้ว +1

      @@ColorUp The inlays are all different and often times the edgespots and giant inlays make it difficult to tell which denom you're playing with without having to break attention to investigate

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว +1

      Christopher C thanks for feedback, you are first to mention

    • @CMCSkyValley
      @CMCSkyValley 4 ปีที่แล้ว

      @@ColorUp A small problem, indeed, but ever since you started added live chips to you bank I've found myself zoning out form your voice or the dice rolls trying to decipher bet sizes or trying to guess which casino the chips are from.
      I'm guessing you want our attention on the action or your voice/strategies, so keep it simple and easy to remember without thinking!

    • @ColorUp
      @ColorUp  4 ปีที่แล้ว

      Christopher C thanks, I’ll try to get more feedback to see if problem with many. I love using the diff chips from my collection, it’s fun. And I don’t even see the inlays, just see red or white.