Stanford Wong is well-known among advantage players (people who play casino games so skillfully that they are more likely to win than to lose). He is the author of Professional Blackjack, Casino Tournament Strategy, Sharp Sports Betting, and other books explaining how to win money from casinos. He also is proprietor of BJ21.com, a web site devoted to discussion of casino games, and SharpSportsBetting.com, a web site devoted to discussion of sports betting. He publishes Current Blackjack News, a monthly newsletter for blackjack players.


Wong on Dice covers everything you need to know to make craps a winning proposition for you be you beginner or seasoned pro.

Just a few of the subjects covered:
    Action points
     Alignment
    Backspin
    Bets recommended
     Cold hands
    Dice sets
    Energy
     Fatigue
    Hardways set
    Padding under the felt
     Random roller, betting on
    Ring toss
    Optimal Bet Size
     Seven Exposure
    and ... much, much more!

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Here is a sample page:

MONEY MANAGEMENT
"Seven exposure" is how many dollars you will lose when a seven rolls.
You don't have to take your whole bankroll with you to the table. You
can consider $10,000 to be your bankroll for purposes of sizing your bets
even if you carry only $2,000 in your pocket when you set out to play
craps. The amount of money you have in your pocket as you approach a
crap table is not the appropriate number to use to decide how much to bet
unless losing that amount would put you out of action permanently.

Estimating Your Edge
You probably are aware that the house edge over random rollers on
pass-line bets is 1.4%. That number is correct. However, pass-line bets generally
are not decided in one roll. There are an average of 3.4 rolls per passline
decision, as will be explained in detail in chapter 13. Thus the house
edge over random rollers on pass-line bets can be expressed as 0.42% per
roll for 3.4 rolls.

Likewise the casino edge over random rollers on place bets on six and
eight is 1.5%, and the average number of rolls per decision is 3.3, so the
house edge over random rollers on place bets on six and eight can be expressed
as 0.46% per roll for 3.3 rolls.

You need to express your edge on a per-roll basis to find your optimal
bet size. If you keep your rotational axes parallel to the felt and select your
tables carefully, you enjoy an edge of several percent on your place and
odds bets, and all those bets on average require several rolls to be decided.
An SRR of 1:6.5 gives you an edge of about 1.2% per roll on place bets on
six and eight, slightly more on odds bets, and less on buying four and ten
and placing five and nine.

Seven Exposure
The major betting decision is how much to lose when a shooter rolls a
seven. This book calls that amount your seven exposure. Your seven exposure
is the number of dollars you have at risk per roll of the dice. Your EV
is a function of how much seven exposure you have, and does not depend
WONG ON DICE