# Exposure

### Why

Craps, like everything in the casino, is a losing proposition. Every roll of the dice has the potential to take some, or all, of your money. When you're planning out or playing a strategy, it's critical that you understand where your exposure is, and how quickly you can cover things up.

### What

Exposure at the craps table comes in 3 major forms:

1. **Depth**: How much of your bankroll is exposed to loss
2. **Breadth**: How many dice combinations beat you&#x20;
3. **Length**: How long is your bankroll exposed

#### Depth - Bankroll Exposure

* What percentage of your buy-in is in action?
* Is your action always at risk?
  * i.e. Come Bets vs Place Bets, Hop Bets vs Hardways

#### Breadth - What can beat you

* What do you have covered
* What combinations beat you
* Can you mitigate some or all of them with a hedge
* Does a hedge make sense
  * Long term and short term hedges (Some are contracts)
  * When does it financial sense?
    * Hedging a $5 bet is probably=75\*3 silly, but $500?

#### Length - How long are you exposed

* How many wins does it take to "break even" or "get out of the hand"
* How many rolls do nothing for you
* Do you have enough coverage
  * Will you be there forever waiting for your $30 6 to hit?

### How

* Know the payouts
* Know the probabilities
* Know the house edge
* Know what hedges what
* Understand all the hops

### Examples

**Hawaiian Horn**

* Depth: Very Deep ($310)
* Length: Very Short (1 Roll)
* Breadth: 7 is the killer. Non-Horns cost you $20, feeding the edge.

**Iron Cross**

* Depth: Varies ($100)
* Length: Medium-High (5 hits to break even, if only collecting)
* Breadth: 7 is the killer. Non-Horns cost you $20, feeding the edge.

**6 & 8**

* Depth: Varies ($24)
* Length: High (10/36 ways to collect, need 2 to break even)
* Breadth: 7 is the killer (6 rolls), Everything else (20 rolls) is non-productive

**Inside**

* Depth: Varies ($44)
* Length: Medium (18/36 ways to collect, need 4 to break even)
* Breadth: 7 is the killer (6 rolls), Everything else (12 rolls) is non-productive

**Hops**

* Depth: Generally Small ($2)
* Length: Short (1 Roll)
* Breadth: Only 2 or 3 ways to win out of 36
* Compare this to placing
  * On a hop 5, you have 4 ways to win (9/36)
    * 8 rolls lose you $2
    * 1 roll, you win $14, but your net is -$2
  * Vs: Place the 5 for $10
    * The 8 non-productive rolls do not cost you
    * The 1 that wins nets you $14
    * You're exposed to the 7 for all 8 rolls, though
      * If it shows once, you'd lose $10 and net $4 on the hit

### Video

{% embed url="<https://youtu.be/vzM254CIXTI>" %}


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