Craps Odds Bet Multiples

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  1. Many casinos have a limit on how large the odds bet can be in relation to the flat bet, with single, double, and five times odds common. Some casinos offer 3-4-5 odds, referring to the maximum multiple of the line bet a player can place in odds for the points of 4 and 10, 5 and 9, and 6 and 8, respectively.
  2. Odds Craps Bets. Now that you are familiar with the four most essential bets in the dice game, we will describe the other types of wagers, so that you will be able to establish your craps betting strategy. Odds wagers resemble side bets, and players make them after the establishment of a point in each game.

The other bet to think about at the craps table is the odds bet. This is a bet you can only place after making one of the 4 bets I already mentioned and when the shooter has set a point. This is one of the only bets in the casino that has no house edge. It’s a break-even bet, but it can be expensive. This page shows how much you can bet on the odds at every casino in Vegas that offers craps. It also shows you whether they follow the generous 3x or stingy 2x rule on the field. Finally, we indicate betting limits and whether the game is live or electronic. Put bets are simply the pass+odds or come+odds combination bet where the player foregoes the come out roll. The bet is paid exactly like how a pass+odds or come+odds would be paid. The casino has the advantage on the flat bet portion of the put bet, but on the odds portion of the put bet, there is no house edge.

Basic Bets. Whenever you hear a group of players cheering in the casino, you can almost bet they are standing around a hot craps table. Craps is the fastest-paced game in the casino. It´s also one of the most fun, but it can be intimidating to the new player. There are literally dozens of different bets you can make, and the language of the game may lead you to believe you´ve stepped into an alien world. But look around the table. See any rocket scientists? Okay, there may be one or two at the table, but most of the players are average men and women who have discovered just how easy Craps is.

The Pass Line Let´s start with the game in its simplest form. The shooter gets the dice and places a wager – let´s say $10 – directly in front of him on the Pass Line. The Pass Line bet is the most common wager in Craps, and the one most players learn first. On the first roll of a game, called the Come Out Roll,the Pass Line bettor wins if the shooter tosses a seven or an eleven. These numbers are called “Naturals.” If the shooter throws a Craps number, the two, three, or twelve, the Pass Line bet is a loser. Any other number thrown becomes the “Point” and is marked with the “puck,” a large white “button” with the word “ON” facing up. Once the Point is marked up, the game continues until the shooter either repeats the point number or throws a seven. If he repeats the point, the Pass Line wager wins. If he “Sevens-Out” the Pass Line wager loses and another game begins. Pretty simple, right?

Free Odds Bet Once a point is established, the player can “Take Free Odds” behind the Pass Line bet. This is an additional wager that pays “True Odds” if the shooter repeats his point. If the player chooses, the Free Odds bet can be removed at any time before the seven rolls. However, the Pass Line bet is a “Contract” bet and must remain up until the point is decided.Winning Free Odds wagers are paid as follows:

True Odds
2-1
3-2
6-5

Generally speaking, Free Odds bets can be made in multiples of your Pass Line bet, up to the maximum allowed Free Odds. Some casinos offer as much as 100 times Free Odds. Some casinos offer only single or double odds. The typical Las Vegas “Strip” game offers 3 – 4 – 5 times odds. That means they allow you to wager three times your Pass Line bet in Free Odds on the Four and Ten, four times your Pass Line bet in Free Odds on the Five or Nine, and five times your Pass Line bet in Free Odds on the Six and Eight. Note that since the Five and Nine are paid at 3 – 2, the Free Odds bet on those numbers must be for an even amount of money in order to get a correct payoff.

Let´s take a look at an example of a winning bet in a $10 minimum 3-4-5 times odds game. If the point is Six you can take 5 times odds. With a $10 Pass Line bet that translates to $50. If the six repeated before the seven rolled the dealer would pay you $10 for your Pass Line bet, and an additional $60 for your Free Odds bet. But suppose you have a limited bankroll and cannot afford to take the full 5 times odds. No problem. Starting as low as single odds and progressing in increments of $5, you can take $10, $15, $20, $25, $30, $35, $40, or $45 in Free Odds. As long as the amount you wager is greater than your Pass Line bet but less than the table maximum 5 times odds, the house will book the bet.

Don´t Pass Line

Another betting option is the Don´t Pass Line. The Don´t Pass wager is just the opposite of the Pass Line. In this instance, you are betting against the dice. The player betting the Don´t Pass Line is betting the shooter will not be able to make the point established. The Don´t Pass Line bet is an instant winner on the come-out roll if the player shoots a 2 or 3. It is a push or a “tie” if the player throws a 12. If the 7 or 11 are thrown, the bet loses. The casino´s only advantage on the Don´t Pass is on the Come Out roll. Once a point is established, the Don´t Pass wager has an edge on every number on the layout.

If any number other than seven, eleven, or craps is thrown it becomes the Point.Once the Point is established, the Don´t Pass bet wins if the shooterthrows a 7 before making his point. However, if the shooter repeats his point,the Don´t Pass bet loses.

Unlike the Pass Line wager, the Don´t Pass is not a Contract Bet. The player can take the bet down any time he or she wishes. The casino allows you to do this because it is to their advantage to do so. Once a Don´t Pass bet is established, the player has the advantage over the house. If you do remove a Don´t Pass bet, you are not allowed to replace it during that game. Likewise, you cannot add any chips to your existing Don´t Pass wager. However, you may “Lay the Odds” against the point to increase the overall wager.

Laying the Odds

Laying Odds is exactly the opposite of Taking Odds on the Pass Line. When layingodds, the player bets more to win less. Here are the odds:

Laying Odds
Lay 2 to win 1
Lay 3 to win 2
Lay 6 to win 5

Point Lay Odds

Four or Ten Lay 2 to Win 1

Five or Nine Lay 3 to Win 2

Craps Odds Bet Multiples 100

Odds

Six or Eight Lay 6 to Win 5

Come Bets

A Come Bet is actually part of a game within the game. It follows the same rules as the Pass Line except you can only place it after the point is established. Place the bet in the Come area directly in front of you on the layout, then wait for the next roll. The outcome of the bet depends what number is tossed next. Like the Pass Line wager, the Come bet is an instant winner on 7 or 11 and a loser on a 2, 3 or 12. If the next number rolled is a “Box Number,” the 4-5-6-8-9 or 10, the Come Bet moves into the appropriate box on the layout. It then become the player´s Come point and remains there until the number repeats or the shooter rolls a seven.

As with the Pass Line wager, players may “Take the Odds” to increase their bet. If the shooter makes his Pass line point, the Come bets stay up and carry over into the next game. The Come Bet “works” on the next Come Out roll, and loses if the shooter tosses a seven. However, the wager wins if the shooter tosses that number. The odds on Come Bets do not work when there is no point established, however, the player may request to have his “Odds Working” on the Come Out.

Don´t Come Bets

A don´t Come Bet follows the same rules as the Don´t Pass Line except that it can only be bet after a point has been established. This bet is the opposite of the Come Bet, and odds are always working unless the player takes them down. As with the Don´t Pass wager, players may “Lay Odds” to increase their bet.

Place Bets

A Place Bet can be made at any time. It differs from a Come Bet in that a player has control over which number is wagered, and whether or not he wants the bet to remain up and working. There is a “cost” associated with having the right to choose your numbers. That cost is in the form of a reduced payout when the wager wins. Here are the correct Place Bet odds:

4 or 10
6 or 8
9 to 5
7 to 6
$10
$12
$18
$14

Field Bets

Field Bets are one-roll bets. The player simply places his wager anywhere on the portion of the layout marked Field. The wagers will win when 2-3-4-9-10-11 or 12 roll and lose on 5-6-7 or 8. All Field Bets win even money except when a two or twelve roll. Those numbers pay double – and on some layouts, one or the other may pay triple the original bet.

Big 6 and 8


The Big 6 and 8 are self-service even-money bets that can be placed or taken down at any time. The bets only win when the six or eight roll. The bet loses when the seven rolls.

Hardways

A Hardway Bet is a wager betting that the dice will roll in pairs before that number or a seven rolls. They are the Hard 4, 6, 8 and 10 respectively. For example, when a player wages on a Hard 6, he is wagering that the next time a six rolls, the dice will read a three-three (3-3) combination. Any other combination of a six or seven rolling causes the Hardway to lose. Hardways do not work unless the player calls them off during the Come Out Roll.

4 or 10
6 or 8
8 for 1
10 for 1
$5
$5

Proposition Bets and Hop Bets

Proposition Bets and Hop Bets are all one-roll bets located in the center of the layout. The Stickman places these bets on the appropriate betting area, and they win only if that specific combination of the number rolls on the next toss of the dice. These high paying bets are an exciting part of the game, with some of these bets paying as high as 31 for 1.

Place Bet Odds If Betting On Odds Wager Win

lace Bet Odds If Betting On
11 or 3 (16 for 1)
$5
$5
$150
$75

BUY BETS

Buy Bets are exactly the same as Place Bets except by paying a 5% commission on the Buy Bet, you receive the true odds. Buy Bets do not work on the Come Out roll unless called on by the player. A Buy button denotes this bet.

LAY BETS

You may Lay a bet against 4, 5, 6, 8, 9 or 10 at any time. When laying against a number, you are wagering that the seven will roll before that number. The casino charges a 5% commission based on what you could win. Lay Bets always work. Check the chart for the payoffs. A Lay button denotes this bet.

HORN BET

The Horn Bet is a wager on a combination of four numbers: 2, 3, 11 and 12 (horn). If any of these numbers are rolled, you win, if any other number is rolled, you lose. One-fourth (1/4) of the Horn Bet is bet on each of the individual numbers, (2, 3, 11 and 12). The Horn is a one-roll bet. If any of the Horn numbers roll, you win. If any other number rolls, you lose.

FIRE-BET

A Fire-Bet is a relatively new side-wager that can be made in casinos utilizing a Fire Bet layout. It allows the player to make an additional wager that is paid based on the number of different points made. Payouts can be substantial – especially on a “hot roll.”

CRAPLESS CRAPS

Crapless Craps, which is also known as Never Ever Craps, is a version of a standard dice game without the possibility of losing on the come-out roll. It is played almost exactly the same except there are ten numbers called point numbers. They are 2,3,4,5,6,8,9,10,11 and 12. The only non-point number is the seven. Pass Line bets win on the Come Out if a seven is tossed. Any other number becomes the Point. The shooter must repeat his Point before rolling the seven in order to win the Pass Line bet. Note that the Crapless Craps layout does not have a Don´t Pass or Don´t Come line.

A lively craps game is the ultimate when it comes to fun and excitement. As you can see, there are many ways to bet and just as many ways to win! But playing the game is as simple as placing a bet on the Pass Line or placing the six and eight. Then the fun begins.

Copyright © by Axis Power Publishing, LLC. All Right Reserved.

Published on: 2005-07-03 (6735 reads)

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Craps Odds Bet Multiples Sportsbook

dachsund1
Hello: Is it more profitable to make multiple dont come bets with double odds until the dont come bet is resolved or just to stick with one dont come bet with double free odds or the maximum allowable amount of odds on the single bet until the single bet is resolved or does it make no difference? thanks to anyone for advice.
beachbumbabs
Administrator
My best understanding is it makes no difference; each is an independent, -EV bet, assuming you're betting max odds in each scenario. The rest is up to the variance of the dice. The same 7 resolves all DC bets in your favor, and the chance of the 7 coming up doesn't change regardless of the number of come bets you have. You're just winning or losing faster, but with the same chances of doing either, with more action on the table.
If your bankroll and the table allow you to take enough odds (say 5x or 10x), that should be slightly better for you on one number than the other, as you're only paying vig on the base amount of the DC bet, though it's still -EV overall.
I could be wrong. The Math Guys are welcome to chime in, including correcting my post if necessary.
Welcome to the forum!
If the House lost every hand, they wouldn't deal the game.
dachsund1
Thank you so much. I have had much better results just using one number but I can only bet up to 4X odds at the casino I use and only on the outside numbers. I find using multiple bets the numbers get picked off too often before the bet is resolved and I suppose depending on the variance of the random bit # generator sometimes a 7 takes many more rolls than 6 and in the interim I stand to lose much money.
ahiromu
You're only losing money on your exposure to the DP/DC bet... odds mean nothing in terms of 'profitability'. Long story short, we're talking a difference in variance. The more bets you spread your money around to should, theoretically, decrease your variance. Therefore, betting on three different numbers at 1/3 total each will have less variance than betting it all on only one number.
With that said, when a strategy involves less money on the odds and more money on bets with a house edge (as yours sounds like), you will lose more money in the 'long term'. Everybody has to draw a line somewhere, you have to decide if the variance decrease is worth however much more you're giving up in expected value.
Edit: Flow
Its - Possessive; It's - 'It is' / 'It has'; There - Location; Their - Possessive; They're - 'They are'
odiousgambit
the HE is unaffected, but you are putting a lot into action. The more you bet against the HE, the more you are expected to lose
I understand getting sucked in to the idea that the odds are on your side once it gets to being a whole bunch of numbers to be resolved darkside. But it is better [for me anyway] not to have so much in action. I sure have watched them get picked off one by one.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
mustangsally

I find using multiple bets the numbers get picked off too often before the bet is resolved
and
I suppose
depending on the variance of the
random
bit
#
generator
sometimes a 7 takes many more rolls than 6 and in the interim I stand to lose much money.

the average is 1 in 6, your mileage might vary.
a bit over 50% of the time the wait time for your 7 is just 4 rolls or less
can go way past that and it does
of course a DC will lose on a 7out
such a sucker bet
<<<>>>
Back to the random
bit
#
generator
you play craps on a machine?
where and what machine some can ask?

Craps Odds Bet Multiples 5


Sally
I Heart Vi Hart
dachsund1
I just play craps online. That's why I refer to the random bit number generator.