Odds For Craps

1. Odds For Craps
2. Basic Odds For Craps

For example, “3-4-5x Odds,” usually means you can bet 3x Odds on the 4 or 10, 4x Odds on the 5 or 9, and 5x Odds on the 6 or 8. Check out some great online casinos such as Sunpalace, Casino Max, or slotsplus. Let’s look at a simple scenario to see how the flat and Free Odds bets work together. Probability is the mathematics of deciding how likely an event is to occur. You can calculate the probability of an event by using the following formula: For example. 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.

Consequently, the odds bet has a house edge of 0%. Overall, the pass line bet is definitely one of the best bets on the craps table with a house edge of 1.41%. In addition, adding odds onto this wager is without a doubt the best way to extend your gambling bankroll. The pass line is simply one of the best ways to try and win big. Feb 17, 2021 Odds for Each Number. By looking at the possible combinations, the 'true odds' for each number can be established. Knowing the odds in craps is good so you have a feel for the likelihood of one number being rolled before another one (e.g., is the 4 going to be rolled before the 7?).

Not as many people put free odds behind come and don’t come bets. Nevertheless, you can place odds behind both of these wagers.

The process works almost exactly the same as with pass line and don’t pass line bets. The only difference is the nature of come and don’t come.

Come and don’t come bets have the same rules as pass line and don’t pass line, respectively. The exception, though, is that you must wait for a point number to be established before making eitherof these wagers.

Here’s an example of making a come bet.

• The shooter rolls a 4, thus establishing a point
• You make a come wager
• The shooter’s next roll now becomes the come out roll for your come bet
• The shooter tosses a 6, thus establishing a point
• You take odds on the 6, meaning that your potential payout and true odds are both 6:5

Essentially, come and don’t come are like your own personal pass line and don’t pass line wagers. You can make these bets any time after the shooter’s initial point has been established and backthem with odds.

Many players stick to backing pass line and don’t pass line with free odds because it’s easy to do so at the start of a new shooter’s round.

But the methodology for backing come and don’t come bets with odds is almost the same. You just need to deal with more chaos since you’re doing so in the middle of a shooter’s turn.

When you do back come and don’t come bets with odds, place your chips above the respective space. Also, notify the dealer so that they don’t mistake your free odds for another come or don’t comewager.

Let me begin by apologizing to our beginner craps players. I pride myself on being a good teacher, but I overlooked the fact the I have not yet written an article dedicated to the free odds bet. I took it for granted that everyone understood what is mathematically the best bet in the game.

However, recently, I started seeing very basic questions about the free odds bet pop up on the RoadGambler YouTube channel.

So let’s have a simple discussion about the free odds bet.

For purposes of simplicity, I am only going to discuss free odds on the light side, aka the pass and come side. For the dark side of free odds, see this: https://roadgambler.com/casino/darkside/

Also, the free odds are simply referred to as ‘odds’; so going forward, I will use the term ‘odds’ in lieu of ‘free odds.

WHAT ARE THE FREE ODDS BET?

The odds bet is a bet that can only be made once the player has bet on the pass line or come bet.

It’s mathematically the best bet on the table because the odds pay true odds. That means that, unlike almost every other bet in the casino, the house has no advantage.

Odds bets are usually capped. At most Las Vegas strip properties, the odds bet is capped at a maximum of 3x, 4x, and 5x.

For example, here is a table limit sign at a Las Vegas Strip casino.

Notice that the minimum bet on this table is $15. 3x, 4x, and 5x means that: if the point is 4 or 10, then the maximum odds are 3 times the pass line bet; if the point is 5 or 9, then the maximum odds are 4 times the pass line bet; and if the point is 6 or 8, the maximum odds allowed are 5 times the pass line.

Let’s say that you make a $15 pass line bet. That means that in the above picture since the point is 8 (as marked by the white puck), you can bet $75 worth of odds.

Some casinos will allow more free odds. Notice the sign that says 100x. That means if you bet $5, you can bet up to $500 worth of odds.

WIN-LOSS CONDITIONS OF THE ODDS BET

The odds bet will win if the point assigned to that odds bet rolls before the 7 rolls.

For example, if the point is 8, and the 8 rolls before the 7 rolls, then the odds bet will win. If the 7 rolls before the 8 rolls, then the odds bet will lose.

Odds bets can also be wagered on Come bets after the Come bet point has been established. Be warned that typically if the bettor has a live come bet with odds, and the pass line has just won, then the next roll will be a come out roll for the pass line. In that case, the odds bet attached to the come bet will not be working unless the bettor declares the odds to be working.

HOW TO IDENTIFY AND MAKE THE ODDS BET

In the picture below, the two bets that are behind the pass line bet are the odds bet. To make the odds bet, you just position your chips in the area behind your pass line bet, AFTER THE POINT HAS ROLLED.

If you are playing online, the odds bet is made by dragging chips to the area behind your pass line bet, like this…

PAYOUT ON ODDS BET

The most important thing to know about the odds bet is the payout.

The following are the payouts for each point…

Point is 4 or 10

• Odds will pay 2-1.
• For example, if you bet $10 on the odds, you will be paid $20

Point is 5 or 9

• Odds will pay 3-2.
• For example, if you bet $10 on the odds, you will be paid $15.
• When betting odds on the 5 or 9, always make sure that you bet in even dollar increments. For example, if you bet $5, you will be penalized. True odds payout would be $7.50, but since most casinos do not have 50 cent chips, the casino will round down and pay $7.

Point is 6 or 8

• Odds will pay 6-5.
• For example, if you bet $10 on the odds, you will be paid $12.
• Always bet in $5 increments, or else you will be penalized. The casino will round down from the true odds payout.

Odds For Craps

FINAL ADVICE

When in doubt about how much to bet, follow this one simple rule about how much to bet on free odds: Bet in $10 increments.

If you bet in $10 increments, you will always have the correct odds bet. Make sure that the $10 increment does not go over the maximum odds allowed.

Play responsibly and enjoy!

Basic Odds For Craps

Posted in: Casino, Craps, Gambling

Odds For Craps