Most of craps strategy involves using a betting strategy, as the actual odds can never be influenced as they can in games such as blackjack and poker. No matter what the player does or how many lucky hats they wear, there’s nothing they can do at craps to turn the tables on the house and play at an advantage.

That said, if players stick to the craps strategy of playing the Pass/Don't Pass line and taking the maximum odds allowed, they can greatly reduce the house advantage. This means that they not only win more, but their money and enjoyment typically lasts longer. Remember, too, that just because the house has an advantage doesn’t mean that a player can’t get hot at craps and turn $50 into $5,000, in a matter of minutes. That’s the lure and fun of the game, as you'll inevitable encounter hot and cold streaks, so just because the odds are against you it doesn't mean you're doomed to be a loser, if you go out and gamble a few hours at a casino.

As far as betting strategies for craps, there are many systems and strategies out there, but they almost always boil down to some variation of the Martingale system. This simply means doubling your bets each time you lose, banking on the fact that you'll eventually win, get back all the money you lost, plus be ahead the original bet you made. Sounds great in theory, but Martingale systems are doomed by the fact that you might encounter such a long losing streak that you can't double your last losing bet to get it all back, due to the fact that you’ve reached the table limit for the maximum bet allowed.

Long story short, betting systems don't work. It doesn't mean you can't use them and that you can't have fun and sometimes win money, but in the long run they do nothing to beat the house advantage that the casino has in most games, including craps.