Betting Craps OddsEvery Craps bet has a house edge of its own, making it a better bet or a worse one than others. Here you'll find a list that might help you learn just how high the house edge and the craps odds are for each of these bets. The term 'correct craps odds' refers to the actual odds of the winning the bet, as opposed to the payout rate. The staff of Craps 777 wishes you luck in your Craps game and craps betting. Go for the better bets, avoid the bad bets, and start winning.
Craps Bets:
Any Seven
Bet Payout Rate: 4-to-1, correct odds 5-to-1
House Edge of the Bet: 16.66%
This single-roll bet is considered a bad bet.
Eleven
Bet Payout Rate: 14-to-1, correct odds 17-to-1
House Edge of the Bet: 16.66%
This is yet another single-roll bet, considered a bad bet.
Place Bet
Bet Payout Rate: When betting on 4 or 10, you get paid 9-to-5, correct odds 10-to-5 (2-to-1); when betting on 5 or 9, you get paid 7-to-5, correct odds 7.5-to-5; when betting on 6 or 8 you get paid 7-to-6, correct odds 6-to-5.
House Edge of the Bet: The 4 and 10 bet has a house edge of 6.66%, the 5 and 9 bet - 4% and the 6 and 8 bet has a house edge of 1.51%.
Buy Bet
Bet Payout Rate: This 5% "Vigorish" is paid to get the correct odds, or true odds, for all numbers. The only numbers for which this bet is worthwhile are 4 and 10.
House Edge of the Bet: On 4 and 10, the "Buy Bets" reduces the house edge to 4.76%.
Hardway
Bet Payout Rate: The payoff rate is 9-to-1 for the 6 or 8 bets and 7-to-1 for the 4 or 10 bets.
House Edge of the Bet: For the 6 or 8 bets, the house edge is 9.09% and for the 4 or 10 bets, the house edge is 11.11%.
Come & Don't Come
Bet Payout Rate: 1-to-1, sometimes also called "even money bet".
House Edge of the Bet: Come bets house edge is 1.414%, and Don't Come bets house edge is 1.402%, just like the Pass Line and Don't Pass bets.
Pass Line
Bet Payout Rate: This bet is an even money bet, paying 1-to-1.
House Edge of the Bet: 1.414%
This bet is one of the best bets around the craps table.
Don't Pass
Bet Payout Rate: This bet is an even money bet, paying 1-to-1.
House Edge of the Bet: 1. 402%
This bet is also one of the best bets at the craps table, only with slightly better odds than the Pass Line bet.
Type of Bet: Field
Bet Payout Rate: 2-to-1 when betting on 2 or 12, and even money (1-to-1) for all other field numbers.
House Edge of the Bet: 5.55%
This is a single-roll bet.
Any Craps
Bet Payout Rate: When betting this bet (on 2, 3 and 12), a win will pay you back 7-to-1.
House Edge of the Bet: 11.11%
This is a single-roll bet, considered to be one of the bad bets around the craps table.
6 & 8
Bet Payout Rate: Even money (1-to-1) instead of correct odds of 6-to-5.
House Edge of the Bet: 9.09%
Horn
Bet Payout Rate: Betting on 2 or 12 will pay 30-for-1, correct odds 35-to-1; betting on 3 or 11 will pay back 15-for-1, correct odds 17-to-1.Every Craps bet has a house edge of its own, making it a better bet or a worse one than others. Here you'll find a list that might help you learn just how high the house edge and odds are for each of these bets.
House Edge of the Bet: 16.66%
The Horn bet, attractive as it may seem payoff-wise, is one of the worst bets at the craps table, due to its high house edge, and is highly unrecommended.
Craps Odds
An odds bet is added to Come or Pass Line Bets after a point has been established.
Bet Payout Rate: Betting on 4 or 10 will pay back 2-to-1; betting on 5 or 9 will pay back 3-to-2; betting on 6 or 8 will pay back 6-to-5. If the casino offers higher odds (double or higher) for this bet, take it. |