Best Bets To Make In Craps
Posted By admin On 01/08/22The most popular craps bet, the Pass Line, has a house edge of just 1.41% and is the. Low odds bets are the best bets to make if you’re a beginner, or if you’re the kind of player who wants to make their bankroll last. We recommend starting out with craps bets that have low odds to get used to how the game is played, as it will give you plenty of room for trial and error. The most basic of all craps bet is on the Pass Line, which is also known as “right way” betting because you’ll be backing the shooter – along with most players at the table – to win. For beginners, the Pass Line bet can be thought of like an ante of sorts, or the minimum wager you need to get into the game.
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.
Best Bets In Craps And Why
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…
Best Bets To Make In Craps Strategy
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
Best Bets To Make In Craps
- 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.
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!
Posted in: Casino, Craps, Gambling