With this craps strategies I hope that you will be able to improve your play and to reduce the overall exposure to the house edge making it possible for your craps strategy to work. Maybe they'll work for you or may be they won't - it's gambling after all.
5-Count
This strategy will help you choose the possibly hot players you are betting on, while dump the others. All you need to do is watch the shooters for a while and than make your decision. The 5-Count strategy works like this: when the new shooter rolls on the come out roll a a point (4, 5, 6, 8, 9, or 10) that's Count 1.
If not you wait until the player does this and then start counting. Count 2, 3, 4 will follow after Count 1 no matter what the player rolls. To achieve Count 5 the player must throw again a point (the counting is stopped until this happens). The fact you reached Count 5 makes this player a hot one. Begin betting.
Hedge Betting
The Hedge Betting craps strategy consists of placing a bet that almost entirely cancels out another one. Almost any roll will bring you profit (a small one, but a profit) in online craps. You'll lose when the dice roll is not covered by the hedge bet. Besides the fact you get to play online craps longer because your bets have now a smaller risk, this method will substantially increase your comps (complimentary offered by the online casino).
Almost any bet can be turned into a hedge bet. For example, a pass line bet can be hedged from craps (2, 3, 12) by betting the proposition bet any craps. More, you can make place bets before the come out and hedged them by the pass line bet.
Progressive Betting
This simple strategy works like this: After you have placed your online craps bet for each dice roll you win you will need to increase the current bet by the initial one. Every time you lose you'll bet the current amount minus the initial one. As long as you are winning you will continue to raise your bets and when you start losing you'll bet the same bets but in a descending order.