Craps Odds Explained: Payouts & Winning Strategies
If this happens, walk away from the table – chasing losses never pays out. In craps, bets can be divided into single roll bets, also known as proposition or ‚prop‘ bets, and multi-roll bets. Prop bets only count for one roll from the shooter and expire immediately after. Multi-roll bets take several rolls from the shooter before they are resolved.
So, if you placed a $10 line bet, you could take $1,000 in odds. Field bets are where you bet on a number that the next roll will be. The Big 6 and 8 bet is the same as the 6 and 8 bet from the place bets above. For this, you are choosing either number to be rolled before a 7. Essentially you are betting on the 7 appear to before a range of numbers. The groups and the odds offered are the same as the place bet but in reverse.
Craps Bets – FAQs
Bottom line – sticking to bets with the lowest possible house edge will give you the best chance of winning. Getting more numbers working exposes you to a bigger loss at one time, but it gives you more ways to win. And you’re positioned to rake in big money should a player go on a long roll without a 7-out.
Try Craps for Free Online
If the Come Out roll lands a 7 or 11, then the Pass Line bets are satisfied. However, if a 2, 3, or 12 are rolled, then these bets lose. Any other outcome (4, 5, 6, 8, 9 or 10), makes the Point. If the house does not have $0.50 chips (most don’t), they’ll only pay you $7.
During the come out roll, there are 8 ways to win instantly (on 7 online casino no verification withdrawal and 11) and only 4 ways to lose (2, 3 and 12). But with a point established, you’re at a statistical disadvantage. If the point is 6 or 8, a Pass Line bet wins five times for every six times a 7 appears, making for a 45% win probability. A 5 or 9 have just a 40% win probability, and 4 or 10 have a dismal 33% chance.
The house takes a big edge with these bets at 11.11 %, making it one of the casino’s best earners. There is a better way to bet on a 7 if you feel you absolutely must. You can access the hop bets, choosing the 1-6, 2-5 and 3-4, simply dividing your original stake by thirds for an equal amount on each. By doing so, you reduce the house edge to just 11.11%, for pretty much the same bet.
- Rolling a 2 or 12 often brings a double or triple payout, depending on the casino’s rules.
- You are within the rules to do so, but the value of your wager will reduce, negatively affecting the house edge for the pass.
- The advanced Craps players use betting systems to try to turn a profit through their gaming.
- This area offers some of the most dramatic wins on the table, but it also comes with higher house edges.
- It’s often referred to as a hedge bet given that it covers some numbers that most people betting on the pass would lose to if it landed.
This means that over time you can expect to lose roughly $12.50 for every $100 wagered on Horn Bets. By comparison, the Pass Line bet has a house edge of only 1.41 percent. The outer edge is where most new players start, since this section drives the core of each round. The Pass Line and Don’t Pass Line sit side by side along the outer rim, offering opposite predictions on how the shooter will perform. Casinos often cover the layout in bright felt, with large white text and bold borders marking every bet. Once you know where each bet type sits, learning how to play craps is far less chaotic and much easier to follow.
On a Point roll, the shooter will throw the dice again until a 7 is thrown. After the Point is established, you can make Come Bets, Don’t Come, and Odds Bets (the Craps equivalent of props bets). A Don’t bet on the 10 for example, would require you to wager $20 in odds to be paid $10 on that bet. Whereas a come bet on the same number pays double (bet $10 to be paid $20). The payouts on Don’t bets are the exact opposite of Pass and Come bets. Payouts are determined by local gaming commission regulations, most states follow the same payouts as listed above, but these could vary from one jurisdiction to another.
This initial bet is often referred to as the “flat” portion of the bet. See our explanation of the craps table for beginners for terminology and basics then try out what you’ve learned by looking below for available online casinos in your state. But you don’t need to know all of the odds assigned to each bet. You can drip them into a safe craps strategy and then start to include more bets when you become more comfortable.
You will not chase the big wins as aggressively as the Martingale, but on the other hand you won’t have to sink in loads of money if you start losing. It is designed to sustain your bankroll for longer gaming sessions. When betting on the pass line – After a point is established, simply place your odds bet behind your line bet.
