Odds Of Winning Craps

• Odds Of Winning In Craps
• Odds Of Winning Craps Pass Line
• Chances Of Winning Craps At Casino

1. A winning $10 Pass Line or Come bet established on the four with 3X or $30 in free odds would be paid a total of $70. The player would receive $10 for his winning Pass Line bet, which is paid at even money, and $60 for his winning $30 free odds bet, which is paid at 2 – 1. Free Odds on the five and nine are always paid at 3-2.
2. Here is an overview of craps bets with medium odds that you can make. Have a 16.7% chance of winning an Any 7 bet, with a payout of 4/1. This gives the house a substantial edge of 16.9%. This is quite high compared to some of the bets we’ve seen above, yet still a solid choice if you’re chasing more slightly more daring bets.
3. Casinos in Las Vegas for example will allow players to wager 10x, 50x and even 100x odds bets. The rule of thumb is this: The more money you bet on the odds bet, the lower the house edge becomes in your overall pass/come bet that you originally made. The odds bet itself pays out true odds, meaning there is a 0% (yes zero) house edge.

If you’re looking for an hour of mindless gambling fun, head to the craps table. Ignore the shouting and the insider lingo and the complex side-bets. Just wait for a new roller to take the dice and then put $10 down on the “PASS LINE.” That’s all you have to remember: “PASS LINE.” If the roller gets a 7 or 11, you win. Typically, online casinos offer better odds, which means their craps pay outs are higher and players can win more cash than in offline gambling establishments. Online casino operators provide a great variety of games alongside with top craps odds and payouts, so gamblers have the chance to get significant cash winnings.

Odds Of Winning In Craps

Craps offers some of the best odds in the casino. It also offers some of the worst. The best bet on the table doesn’t even appear on the layout, while the worst ones are some of the easiest to make. Every wager one the table is presented in such a way as to make it seem like the player could win big at any time. But unless you can influence the dice, the odds are always stacked against you in craps.

The Pass Line bet is the most common wager on the table. When you bet a Pass Line, the natural house edge is around 1.42%. If the Pass Line bet wins, it is paid even-money – a ten dollar bet wins ten dollars. The Free Odds bet is paid at true odds. For example, a winning $10 Free Odds bet on the point of four will be paid 2 to 1, or $20. The Free Odds bet has no house edge, but you cannot place it unless you have already made a bet that does have a house edge – either the Pass and Come, or the Don’t Pass and Don’t Come. When you back one of these bets with free odds, the overall effect is to reduce the house edge. The greater the proportion of your bet that is on free odds, the lower the edge will get. However, the casino always has an advantage over the player with this bet – albeit a small one.

A placard posted on the table will clearly state what proportion of your bet may be placed as a free odds bet. If the placard states that it is a $10 – 10X odds game, it means the minimum wager is $10, and you can take up to ten times your wager in Free Odds. Allowable odds may range from single to unlimited, up to the table’s maximum bet.

If you are playing a single odds game, you can place a free odds bet equal to your Pass Line wager. When playing the Don’ts, you can lay odds sufficient to win an amount equivalent to your Don’t Pass bet. The single odds game is commonly found on cruise ships and isolated vacation destinations like the Caribbean islands. They can get away with offering an inferior game because you are a captive player. It’s the only game available.

Most land based casinos offer double odds or higher. In Las Vegas, the 3, 4, 5X odds game is the most common. This game allows you to take 3X odds on the four and ten, 4X odds on the five and nine, and 5X odds on the six and eight. For example, in a $5 game with 3, 4, 5X odds game, the maximum free odds you could take on the four or ten would be $15 – three times your $5 flat bet. You could wager $20 on the five and nine, and $25 on the six and eight. Casinos do this as much for their own convenience as for the players. In a $5 game with 3, 4, 5X odds, the correct payoff on every wager with full odds is $35.

Some casinos offer 5X, 10X, 20X, or even 100X odds. Some of the most sought after games are low limit tables with 100X odds. With those odds, the house’s edge over the players is miniscule. But as mentioned earlier, regardless of how large of a free odds bet they allow, the casino always has the edge. Remember, casinos rake in vast profits on margins as little as .07 %. That is not seven percent. It is seven-one-hundredths of a percent.

The pay offs on the Free Odds bets are calculated based on the relationship between the number of ways a particular bet can win versus the number of ways it can lose. The best way to understand this is to look at this chart, which demonstrates how many combinations of the various numbers there are on a pair of fair dice.

As you can see from the chart at the top of this page, the seven is the most common number on the dice. Six of thirty-six possible combinations of the dice add up to seven. There are more ways to make a seven with two dice than any other number. That means that on any given roll, there is a better chance a seven will come up before any other number.

Take a look at the odds of rolling a four. There are three ways to roll a four, compared to six ways to roll a seven. Reduce those 6 – 3 odds to their lowest common denominator and you come up with true odds of 2 – 1. A winning $10 Pass Line or Come bet established on the four with 3X or $30 in free odds would be paid a total of $70. The player would receive $10 for his winning Pass Line bet, which is paid at even money, and $60 for his winning $30 free odds bet, which is paid at 2 – 1.

Free Odds on the five and nine are always paid at 3-2. This can lead to some confusion for the novice player. For example, if you played a $5 Pass Line bet and then took single odds for $5, the casino could not give you a proper payout. The free odds bet has to be an even number – divisible by two – in order for them to pay true odds of 3-2. In this example, in addition to paying the $5 flat bet on the line, the casino would pay 3-2 on $4 of the free odds wager, plus even money on the extra $1 for a total of $7 on the free odds bet. Since the casinos do not generally pay fractions of dollars, they short you on your payout. The correct single odds wager on a $5 Pass Line bet on the five or nine is $6. In addition to the $5 Pass Line payout, the correct $6 free odds wager is paid $9.

The simplest way to remember the correct free odds wager is to memorize the old axiom: “Odd numbers get even odds.” The five and nine are the only “odd” box numbers on the layout, and in order to receive a correct payout you must bet an even amount of money on those numbers.

Last of all, remember that the Come Bet performs exactly like the Pass Line Bet and the same odds apply to both bets. Likewise, the Don’t Come bet performs exactly like the Don’t Pass bet and the same odds apply to both bets. On Pass Line, Come Bets, Don’t Pass or Don’t Come, the house’s ultimate edge comes from the even money payoff on the winning flat bet – not the Free Odds bet. For that reason, most players prefer to risk the minimum amount possible on the Pass or Don’t Pass, and risk more of their bankroll on the free odds wagers.

There are many more bets available to the player on the traditional banker’s craps layout. In every case, the house gets its edge by paying the player less than true odds. To get a better understanding of this, let’s look at place betting first. Many players prefer to place bet numbers for many reasons. It gives them immediate action in the game. They get to choose what numbers they play as opposed to letting the Come Bet decide which numbers they wager on. Their number only has to roll once for them to get paid. In exchange for these privileges, these players are willing to give up an additional edge to the house.

The most popular numbers to Place Bet are the six and eight. One look at the odds chart and it is easy to see why. There are five ways each to roll the six and eight compared to six ways to roll the seven. As we mentioned earlier, the true odds on the six or eight are 6 – 5. But if you want to Place Bet those numbers the house requires a wager in six-dollar increments. In a $5 game the correct Place Bet wager on the six or eight is a minimum of $6. In a $10 game it is a minimum of $12. And instead of being paid at true 6 – 5 odds, the Place Bet is paid 7 – 6. This “reduced” pay off is where the house gets its edge – in this case, 1.51% on the 6 and 8.

The five and nine are Place Bet in increments of five dollars, and are paid at 7 – 5. That gives the house an edge of 4% over the player. The story on the four and ten is even worse. These numbers are paid at 9 – 5, which yields a house edge of a whopping 6.67%.

Prominently located in the center of the layout are the Proposition or Prop Bets. These are the bets the stickman hawks like a carnival barker with his endless chatter, “Get your hops, props, hardways, high-lows, yos, horn bets, worlds.” These are all high-vigorish bets that generally should be avoided. Let’s take a look at them.

The Any Seven bet, sometimes called the Big Red bet, is usually located at the top of the prop box. This is a one-roll wager that the seven will be the next number to roll. The winning bet pays 4 to 1, compared to correct odds of 5 to 1. That one unit difference gives the house a 16.67% edge.

Beneath the Any Seven bet are the Hardway Bets. These are individual wagers that the hard four (2-2), hard six (3-3), hard eight (4-4), or hard ten (5-5) will roll “hard” before they roll easy or before the seven rolls. The payoff is 9 – 1 on the 6 or 8 and 7 – 1 on the 4 or 10. The house edge is 9.09% and 11.11%, respectively.

The next section in the Prop Box consists of specific non-box numbers known as the horn numbers. They are the two, three, eleven and twelve. These numbers can be bet on individually, in pairs, or all at the same time. Each bet has it’s own moniker.

The Ace-Deuce bet is a one-roll wager on the three-craps. The payoff is 15 – 1, but the true odds are 17 – 1. The house edge is a whopping 11.1%.

The Eleven or “Yo” is a one-roll wager on the eleven. When bet alone, the wager is placed in the “E” circle adjacent to the prop box. For more details on that see the discussion of “C and E” bets, below. The payoff on the eleven is exactly the same as the Ace-Deuce, 15 – 1, and it carries the same 11.1% house edge.

The “Aces” bet is a one-roll wager on the two-craps. The payoff is 30 – 1, while the true odds are 35 – 1. The house edge on this wager is also 16.67%.

Last of all is the twelve-craps, sometimes called “midnight.” Like the Aces bet, the twelve-craps pays 30 – 1 and carries a house edge of 16.7%.

When all four of these numbers are wagered at the same time it is called a Horn bet. A player makes a horn bet by tossing his chips to the stickman and calling out his bet. For example, “$4 horn.” This gives him $1 on each of the aces, ace-deuce, eleven and twelve.

The final variation of the Horn bet is the World bet. The World bet is simply a Horn plus an Any Seven bet. A $5 world bet gives the player $1 each on the aces, ace-deuce, eleven, twelve, and any seven. The World simply takes a bad bet, the Horn, and makes it worse by adding another dollar to a high vigorish wager.

On either side of the prop box you will see the C and E bets mentioned earlier. There are several of these betting circles on each side of the table, and each corresponds to a different player position at the table.

The “C” is an Any Craps bet. The Any Craps bet is a wager that the 2, 3, or 12 will roll on the next toss. If any other number rolls the Any Craps wager immediately loses. The winning wager pays 7 – 1, and is exposed to a house edge of 11.1%.

The “E” is the eleven or “Yo” bet. As mentioned earlier, it could be set up in the horn section of the prop box. However, most stickmen are trained to set the bet up in the appropriate “E” circle, which makes it easier to determine which player the bet belongs to in a crowded game. The odds are the same, no matter where the bet is set up. The house has an 11.1% advantage over the player.

The Field Bet is one of the most prominent on the table. It is a one-roll bet that the next number to roll will be a Field number. The Field numbers are 2, 3, 4, 9, 10, 11, and 12. At first appearance it looks like a good bet. You have seven out of eleven possible numbers working for you. However, the numbers that are not covered, the 5, 6, 7, and 8, give the house more ways to win than the player. There are 20 combinations of the dice that win for the house, versus 16 combinations that win for the player. Depending on whether the house pays “double” or “triple” on the twelve, the house edge varies from 5.56% to 2.28%.

Some layouts include a Big 6 and Big 8 wager in one corner. These are self-service bets a player can make on the six and eight. However, instead of being paid 6 – 5 true odds, or 7 – 6 place odds, the player is paid even money on this wager. That yields a house edge of 9.09%.

From time to time you will see a player make a Buy Bet. Buy Bets pay off at true odds instead of place odds. In order to get this privilege, the player pays the house a 5% commission. A quick look at the odds chart reveals that in most instances, the four and ten are the only numbers that are worth buying.

A $20 Buy Bet carries a $1 vigorish. Buying the 4 or 10 for $20 reduces the house edge from 6.67% to 4.76%. Green chip bettors are usually permitted to Buy the 4 or 10 for $25 and still pay just a $1 commission. That reduces the house edge to just 4%. Some casinos only collect the vigorish on a winning bet, which serves to reduce the edge even more. Finally, a few casinos will allow the player to Buy the 4 and 10 for $30 or more before charging the extra $1 commission. This practice, combined with collecting the vigorish only on winning bets, can reduce the house’s edge on these numbers to as little as 1.11%, making it one of the best bets on the table.

Lay Bets or exactly the opposite of Buy Bets. A Lay bettor is wagering that the seven will roll before the number he is laying against rolls. Lay bets are typically made in amounts to win $20 increments. Correctly sized Lay Bets are $41 No 4 or No 10, $31 No 5 or No 9, and $25 No 6 or No 8. One dollar of each of these wagers is the commission paid to the casino for the right to lay against the numbers. The house edge in Lay Bets against the 4 and 10 is 2.44%. The edge against the 5 and 9 is 3.23%. The edge against the 6 and 8 is 4%.

In summary, the theoretical best bets when playing the “right” side of the game are Pass Line with odds, Come Bet with odds, and Place Bet the 6 and 8. The best bets when playing the “wrong” side of the game are Don’t Pass with odds, Don’t Come with odds, and Laying against the 4 and/or 10.

Craps payouts and craps true odds are essential for players who are eager not only to enjoy a few sessions of this dice game but who also wish to win some cash. However, not all players are experts when it comes to the math behind odds and craps payouts. Happily, understanding odds, payouts and your chances to win is not as difficult and challenging as it sounds.

Craps is a game of luck and players cannot apply complicated strategies, but this game requires serious calculations that will help gamers determine the best craps payouts available. It may seem a bit confusing at first, but players should know how to calculate craps odds payouts so that they can spot the top bets and get as much as possible from the game.

Below you can find a detailed guide to craps odds and payouts that will hopefully allow you to get familiar with the numbers and understand how craps payouts work. It’s a great practice to have a great craps winning strategy before you start betting. But before we proceed to that, we will take a look and explain some of the basic craps terms because we know that not all players are experienced experts and need some explanations and clarifications.

• 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.

• Bet

  this is the wager that players make during a game of craps on the table.

• Craps payouts

  the payouts are the cash you get if your bet wins. If your bet amounts $5 and the payout is 1/1, you will get extra $5 beside the money you have gambled.

• House edge

  the house edge is a percentage that demonstrates the percent over the even odds that the casino holds. Typically, this figure shows the possibility of the house to win a particular bet.

Online Casinos With The Best Payouts

Odds Of Winning Craps Pass Line

How to Calculate Craps Payouts Efficiently for Profitable Wins

All players who decide to participate in a dice game should know the craps true odds. However, if a player wants to be aware of their chances to win, they should first know how often a dice roll may appear in the game. The primary focus of craps is the number seven, and there is a simple explanation of this fact – players hit this number more often than other numbers. Online casinos have made detailed calculations and have figured the odds for all rolls, so old and new online gambling operators are perfectly aware of the advantage they have over gamblers for each wager.

Each dice has a total of six sides, which means there are six values. In a game of craps, the players throw two dice, saying that twelve different results can come out of a single roll of the dice. However, if you consider this more carefully, you will realise there are thirty-six possibilities. When you play craps, you should take into account all possible combinations of numbers when you calculate the craps odds and payouts.

Here we will discuss the different craps odds payouts starting from the two numbers that are the hardest to throw: two and twelve. There is only one combination of the two dice that can result in these figures, namely 1 and 1, and 6 and 6. Thus, the craps true odds for two and twelve are 1:36. As it is evident from the odds, the craps payouts are higher when the number is harder to roll.

The next couple of figures based on the possibilities to come out as a result of a roll are three and eleven. These two numbers can come out of two different combinations of the dice, and this means the odds for three and eleven are 1:18. The player can hit for and ten with three combinations of the dice, so the odds here are 1:12.

There are four separate combinations to throw five and nine, so the odds for these two numbers are 1:9. The outcome of six and eight can be achieved in five possible combos, which means the odds are 1:7.

Let us carefully examine the number seven which is the easiest the roll. There are six various ways to throw seven using two dice, like in street craps, and the calculations say that the odds for going seven are 1:6. How did we calculate the craps payouts and odds for this number? Number seven can come out in three separate ways: one plus six, two plus five and three plus four. To calculate the craps payouts and odds for this number, we multiply the three by two (the two dice that players use in the game), and the result we get is six. Thus, the odds are 1:6 and seven is the most frequent number that comes up in craps games.

How to convert the chance to roll a particular number into odds?

Odds are the number of probabilities that something does not happen as opposed to the number of possibilities that it happens. Let us illustrate this with number seven again. In this case, there are five rolls that are not seven.

Chances Of Winning Craps At Casino

It may seem a bit confusing how to define the odds for each number that may come up as a combo of the two dice. However, the example and information above will surely help you understand how to calculate odds in craps. Knowing the odds is essential because this info allows you to determine the craps payouts you may expect from a particular game of craps. Players should take into account that the odds vary for the different numbers that they roll. If you are aware of the different odds, you will be able to make a proper decision whether to increase or reduce the stake on a particular bet. Here is a simple formula that will help you calculate your chances to hit a specific number: just divide the number of likely results by the amount of total results (it equals 36). Thus, the opportunity to throw seven is 6/36 x 100 = 16.6%.

To conclude, we should say that although it seems challenging and difficult to calculate craps true odds, the process is rather simple and straightforward. Keeping it easy, you should start by defining the total number of possible results, which in the case of craps is thirty-six because players use two dice.

As mentioned before, players have just one way to hit two and twelve – rolling one on each of the two dice for a 2, and hitting six on each dice for a 12. Thus, as we have a total of thirty-six combos and just one of these combos can be 2, the probability to roll two is one out of thirty-six. If we need to define this it terms of odds, this means that the odds are thirty-five to one. Then, there are two combos to throw 3, i.e. rolling one and two, or hitting two and one, meaning that the possibility to run 2 is two out of 36 or one out of 17. In odds, this means seventeen to one.

Now you are familiar with the basic math behind craps payouts and odds, and you know how to calculate the odds and the probabilities to win. Below we will discuss the house edge and its influence on the payouts for craps.

House Edge and Payouts for Craps

The term house edge defines the difference between the craps payouts that the casino pays and the craps true odds. Thus, in case a given gambling provides pays $30 for a $1 wager for rolling number two, the casino will have a profit as the true odds for this figure are 35:1. In the case of a break-even bet the casino should pay $35 and refund the dollar for the wager. However, if there are only break even bets, casinos would not be able to have any profits, and there would be no functioning gambling establishments.

Players should know the house edge and the craps odds payouts so that they can select better wagers, i.e. the bets with reduced house edge. It is essential for players to keep in mind that the house edge varies for the different types of bets.

How to Spot the Best Payouts for Craps

When a player is eager to play craps, they certainly wish to spot the best craps payouts and the most favourable odds. Typically, online casinos offer better odds, which means their craps pay outs are higher and players can win more cash than in offline gambling establishments. Online casino operators provide a great variety of games alongside with top craps odds and payouts, so gamblers have the chance to get significant cash winnings.

However, there are multiple casinos in the Internet and players may not be sure how to spot the best establishments and the most favourable craps odds payouts. There are some factors you need to consider before you select a new online casino to play craps.

Players should always choose reliable web casinos that offer full protection of individual details through a trusted encryption. The Internet gambling provider should offer a wide selection of games and mobile support so that players can find the most suitable options. Gamblers also need to check the payout percentages before they proceed to play. Get a close look at the craps true odds and craps payouts that the casino offers to avoid frustrating misunderstandings and headaches. It is essential to play at a casino that process payouts within a reasonable time frame, i.e. two or three days. Look for gambling providers that accept multiple payment alternatives, such as bank transfers, debit cards, checks, credit cards, and Internet wallets.

Now you may wonder why online casinos can offer better craps payouts than the traditional establishment. The explanation is simple – gambling operators who function on the Internet are not restricted to a particular place, and this allows them to provide any number of games. Thus, the range of featured games is huge and craps payouts are better in online casinos.

In contrast, online casinos do not have the same restrictions, and this means they can offer more variations of a single game. Thus, while a live casino will pick one or two variants of blackjack (often based on their personal preferences), an internet gaming room will often have a variety of different games.

Traditional offline establishments may offer a restricted number of games and variations because they have limited space. Also, live casinos have to follow particular requirements enforced by the local gambling authorities, which may also affect the variety of games they offer.

Internet casinos do not have to comply with all these factors, so they have great freedom and can provide much better craps odds payouts to their players. Thus, if you are looking for a chance to win big cash playing craps, it is wiser to select an online establishment where the craps odds and payouts are much better.

Frequently Asked question About Craps Payouts

What is a good payout percentage?

For online casinos, favourable payout varies from ninety-seven percent and over. If you spot a rate ranging between 98 and 99, you have found the best payouts for craps on the Internet.

What do we call a payout percentage?

The payout rate is the total sum of cash that players put in bets at a particular gambling operator that then the casino pays back to the gamblers in the shape of winnings. Naturally, if the percentage is bigger, the number of people who win will be higher than in the case of a lower ration. Plus, you have better chances to get out on top of the list of winners.

What are the highest craps payouts I can expect?

Players should always look for gambling operators that offer the highest possible payouts for craps. Any percentage over ninety-seven is good, but you can expect to get craps payouts as high as 98 to 99 in rare cases. Such returns would be outstanding and unquestionably deserve the attention of gamblers.

What is the time to process payouts for craps?

The time varies, starting as short as twenty-four hours up to ten days. The speed at which online casinos process payments depends on multiple factors, such as the payment option you use, the platform of the casino, and their payment policy. However, it should generally take between one or three days, so our recommendation is to select online casinos that manage to proceed craps payouts within this time frame.

Do casinos set a minimum sum that players have to withdraw?

Most online casinos fix such amount of payout, but this depends on the gambling provider and their conditions. However, even if there is a requirement for a minimal amount to withdraw, the sum will probably be little. It is a good idea to check the conditions of the casino before you start playing craps and need to withdraw your craps payouts.

Will a withdrawal affect craps payouts?

Again, this depends on the individual casino and the payment option you use. Some of the acceptable payment options require more time to proceed your craps payouts while others are much faster. However, players should get familiar with these conditions and select the most suitable payment approach to withdrawing their payouts for craps.

Even though playing craps does not rely on some complicated strategy and luck plays an essential role in these games, it is crucial that players understand what craps odds and payouts are. Being able to calculate the craps payouts and knowing the math behind odds and probabilities to win gives you the chance to register a winning and to get significant cash when you play your top favored dice game. Hopefully, our comprehensive guidance in the field of payouts and odds is useful and will clear the situation for you, so that your play get even more fruitful and profitable.