Craps Table Betting Odds
Craps odds matter. With that being said, new dice shooters should place bets on the Pass-Line Bet, the Don't Pass Bet, the Come Bet, and the Don't Come Bet. Next, they should learn how to 'take the odds'. Do the two of these things and you'll have the lowest odds at the craps table. Craps true odds. Players use this term to define the calculated odds that participants in a game of craps will win or lose depending on the bet they place. The amount of cash you bet does not affect the odds. However, the amount of the bet has an influence on the craps payouts. This is the wager that players make during a game of craps on. Most craps tables on the Las Vegas Strip offer 3/4/5 times odds. This means that a player can wager three times the flat bet on a 4 and 10, four times on a five and 9, and five times on a six and eight. The maximum win with odds on any of these numbers equals six times the flat bet.
Free odds, also called “Taking the Odds”, can be taken on the pass, don’t pass, come and don’t come bets. When the shooter establishes a point on the come-out roll, any player who has made a pass line bet is allowed to “take the odds.” A single odds bet is an additional wager, up to the amount of your original wager, that the point number will be repeated before a 7 is rolled.
The odds bet is the best bet you can make in the game of craps, because the house has no built-in advantage. Free odds bets are paid back at true odds, so when you’re making these bets the casino has no house edge whatsoever, it’s an even game!
(T&Cs Apply 18+)
Besides the fact that the odds bet has no house edge associated with it, also it has no official designated space on the dice table. Therefore, to place a pass line bet with odds you need first to make your pass line bet and then, after a point is set you take more chips and place them behind your pass line bet. The odds bet wins if your flat bet (original bet) wins and losses if your flat bet loses.
Some casinos permit players to make double odds, and even greater odds wagers. Usually you will see a printed sign on the table to let you know how much you can bet on free odds and if there are no signs, the dealer will tell you. How much you can bet is expressed as a multiple of your original bet.
For instance, if 2x odds are shown it means you can put two times as much down on your odds as you’re putting on your original bet. For example, let’s say you bet $1.00 on the pass line and establish a point of 4 in a casino that offers double odds. You now have the option of taking the adds for an additional $2.00.
If you repeat the point number (4) before rolling a 7, you will get your original $3.00 back, plus an additional $5.00. Of that $5.00, $1.00 will be the even-money payback on your pass line wager, and $4.00 will be the 2-to-1 payoff for a point of 4 on your odds bet of $2.00.
Craps Table Betting Odds Genesis Open
If you roll a 7 before repeating your point of 4, you will lose your initial $1.00 wager on the pass line, plus your $2.00 odds bet, for a total loss of $3.00. You are allowed to remove your odds wager from the craps table at any time, as a casino does not object to your taking down a bet that has no house edge.
As we said before, free odds can be taken on come bets also. So, to make a come bet with odds you simply need to tell the dealer you want to back up your come bet with odds and put your odds bet down, but only after your come point has been set.
The correct payoff for odds bets varies from point number to point number, depending on the odds of a 7 being rolled before a particular point is repeated. The payoff formula is the same whether you take single odds, double odds, or more. Correct odds payoffs are as follows: points 4 and 10 pay 2-to-1; points 5 and 9 pay 3-to-2; points 6 and 8 pay 6-to-5.
Casinos can be intimidating and their games a little confusing, but here's a tip: The best bet on the craps table has no house edge, and it isn't shown anywhere on the layout. There's no mention of 'odds' on the table. You must have a Pass or Don't Pass bet to take odds on, but then you're on your own. If you don't know about odds, you'll miss the best bet in the casino.
If you know how to play craps, you know that new shooters have to place a wager on the Pass or Don't Pass line. Once that new point of 4, 5, 6, 8, 9, or 10 is made, they can just keep shooting. The odds bet, the one that has zero house edge, isn't mandatory; it's optional.
The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This wager can at least equal your Pass Line bet, so if you have an original wager of $10, put another $10 behind it to take odds. The amount you should wager depends on the point number.
If the point is 4, 5, 9, or 10, match your bet. If the point is 6 or 8, bet $6 in odds for every $5 you have on the Pass Line. When the shooter makes their point, you'll get a much bigger payoff.
Pass Line Odds Payoffs
If the point is:
- 4 or 10, you are paid 2 to 1 on your Odds wager.
- 5 or 9, you are paid 3 to 2 on your Odds wager.
- 6 or 8. you are paid 6 to 5 on your Odds wager.
Most casinos allow you to take double odds on you Pass Line bet. That means if you put $5 on the Pass Line, you could make an odds bet of $10.
Your Pass Line bet has a house edge of 1.41 percent. The Odds bet has no house edge, so by taking it you lower the house edge on your overall wagers. A Pass Line bet with single odds has a house edge of 0.85 percent and with double odds, the house edge drops to 0.61 percent.
Over the last few years, many casinos have allowed players to take larger odds bets. Some casinos compete with each other to see who can offer the highest odds, up to 100 times odds. Although this sounds great, it is impractical for average players to wager this much unless they have a very big bankroll.
Craps Table Betting Odds Ncaa Basketball
3-4-5 Times Odds
To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number. You can get odds on Come Bets too.
If the point is::
Craps Table Betting Odds Against
- 4 or 10 you can take 3 times odds.
- 5 or 9, you can take 4 times odds.
- 6 or 8, you can take 5 times odds.