It is essential that players understand the odds of winning at craps and what amount they can expect to win. To find out how much you could win in your next online game, use our craps payout chart or craps bets oddsguide.
What are the best Craps Odds Bets?
In craps, one of the chief betting strategies for increasing winnings is to reduce the house edge as much as possible. The house edge in craps can consume as high as 16.9% for some bets, especially for high-stakes gamblers. This can lead to a significant loss in a craps session.
For beginners, the pass line is the best bet. This bet is the most basic for all games of craps. It has a 1.41% house edge and the highest chance of winning (251 to 244 to be exact). With payout odds of 1-1, this is one of the most popular bets that craps players can make. Although the house edge for the don’t pass bet is slightly lower (1.36%), 7 has a statistically greater chance of landing than 2 and 3. The odds of this bet being successful are lower.
6 of 36 combinations are possible to roll a 7, or 1 in 6. However, only one combination is possible for a 2 and 12 when you roll the dice. Therefore, the chances of landing one or the other are 1 in 36.
Players should use a strategy known as laying the odds after placing pass bets. These bets are only allowed after the comeout roll, but have a house advantage of 0%. These payout odds vary from one point to the next. Check the payouts odds for all craps bets using the craps payout chart below, or learn more about different wagers on our craps bets page.
Craps Table Payment
What are the worst bets in craps?
Craps is played with two six-sided dice. It is important to understand that there are 36 possible dice rolls. Because there are more combinations of dice, certain numbers have a statistically greater chance of landing. There are six different ways to roll a seven.
Although it may appear that some combinations of numbers are listed twice on the die, this is just the case for the numbers on the other side. Imagine a red and a white dice. Craps adds the numbers of dice. However, each die rolls independently. Our craps bets page offers a dice combinations chart that explains this entirely.
This information will help players determine which bets are most likely to win and have the lowest house edge. These bets have the highest payout odds, but they are unlikely to land. The payout odds for’snake eyes’ (two 1s) are 30:1, but the chances of you landing one of these bets is 1 in 36. There is a 13.9% house advantage. Even in the unlikely event that the shooter wins this bet, the house edge would mean that the player would lose some of their winnings.
The House Edge:
The house edge simply refers to the difference in the odds of a bet being paid out and what the casino actually pays to the winner. Let’s take a look at the chances of landing a 7, in a craps game.
The odds of landing it are 5 to 1. If a player wagers $10 on the 7 and wins, they will theoretically receive $50. The payout odds of landing 7 are 4 to 1. This means that the winning $10 bet will win the player $40.
To determine how much long-term income they can expect from their initial wagers, casinos use house edge. The house edge is calculated using craps rules to ensure that even when players land a big payout, the casino can mitigate its losses.
Craps has one the lowest house edge of all casino table games. Sic Bo has a house advantage of up to 33.3% for some wagers.
The house edge in craps changes with every type of bet. There are many bets that can be made in craps. However, most of them can be divided into single-roll or multi-roll. Multi-roll bets may take multiple attempts before the result is achieved. Players have the option to place these bets after each roll.
This explains why players should incorporate the house edge in any craps strategy. To determine the odds of a bet landing and to decide if the potential payouts are worth it, we recommend that players use the true odds.
How to Calculate Payouts
Players must calculate payouts in craps using the payout odds and not the true odds. For beginners, it is easier to break down the payout odds into units and quickly calculate payouts for winning bets.
The payout odds of landing a 4 on a craps table are 9 to 5. The dealer will pay $9 for every $5 you bet.
Let’s suppose you are at a craps table and have a $10 minimum wager. You want to still bet on 4. You can see that a minimum of $10 equals two $5 units if you use the payout odds of 9.5. Multiply the number of units that you wish to place by the amount that the casino will pay if your bet wins. To get 18, multiply the payout odds for landing a 4 by 9. Your $10 wager will win you $18 if the 4 hits the dice.
How about Calculating Payouts for Awkward Bets Amounts in Craps
Convert the payout odds of any craps bet from a fraction into a decimal to calculate the payout. To determine their payout potential, players should multiply this decimal with the amount they wish to wager. A bet on point 4 in craps would have payout odds of 9 to 5. This is 1.8 when converted to decimal form. Craps players could win $18 for a $10 wager if they landed on 4 dice.
How do Craps dealers calculate payouts so quickly?
In a craps game, dealers must calculate payouts for as many as 20 players. Dealers have many tricks to keep track of players’ bets and payouts, given how fast-paced craps games can be.
They place chips on the craps tables in relation to the bank rack position of the players.
- The dealer will place the chips of the player in the same spot around the boxes for the specific bet depending on where they have stored their chips.
Payouts are made in a particular sequence.
- To keep the system organized, the boxman and dealers pay out all bets in strict order. The following order is followed by dealers: place, come and pass line bets.
Bets are paid according to the closest player to the stickman.
- The dealers will pay out winnings sequentially in order to keep track of place bet payouts. They will begin with the player closest to the stickman to keep track. Some craps casinos will vary the start point between the stickman and boxman for certain bets.
Dealers memorize payout odds.
- Craps dealers will need to calculate the pass, place, and come bets hundreds times per day. Online casinos use software to calculate payouts. However, dealers at land-based casinos slowly learn the payout odds for a craps game.
- What are the payouts for craps?
- To find the payouts of all bets in craps, we recommend using a payout odds chart or a craps payout calculator. These will allow players to instantly determine the payouts they can expect on winning craps bets.
- What does 3-4-5 odds in craps mean?
- This refers to the limitations that casinos have on placing odds bets. A player cannot make more than three, four, or five times the amount allowed to bet on a craps game. If a casino has 4X odds, it means that players cannot win more than 4X the don’t fail bet.
- What are the best odds of winning at craps?
- The best odds of winning in craps are either pass/don’t pass or laying odds. Pass bets offer payout odds of 1:1. This means that players can effectively double their winnings. This bet has a house edge of 1.41%. Alternately placing odds bets have a zero house edge, but slightly lower payout odds at 2:1, 3:2 or 6:5, depending upon which numbers the player is betting on.
- What are the odds of winning a craps bet?
- This is a wager that players can make in craps games, but only after a point has been thrown. Players bet that the dice will land on a certain number before landing on 7. Because the odds are perfectly fair, there is no house edge in odds bets. This makes the odds bet popular among craps players. The payout odds vary between numbers: odds pay 2:1 for points 4 and 10, 3:1 on points 5 and 9, 6:5 on 6 and 8, and 3:2 on 9 and 9.
- What is the chance of you rolling a 7 in craps?!
- Craps has a one in six chance of getting a seven on the dice. This is 16.67% probability. There are 36 outcomes possible because the game uses two dice. Six different outcomes are possible for the dice to land on 7 out of 36. The odds of landing 7 in 36 are 6 if you multiply the number of possible outcomes.