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Craps Odds

Have you ever required a bet with no house edge? Craps provides just such a bet, as long as you bet on the pass line first. Once a point has been thrown you may bet up to some multiple, more often than not 2 times, your pass line bet on the 'odds.' The odds are just an additional wager that the point will be rolled before a 7. Because the likelihood of the point being rolled first is less than 50% you win more than you bet if it happens. Purposely if the point is a 6 or 8 the odds pay 6-5, if the point is a 5 or 9 the odds pay 3-2, and if the point is a 4 or 10 the odds pay 2-1.

The multiple you may bet on the odds is more often than not twice the pass line bet for points of 4,5,9, and 10, and two and a half times the pass line bet on the 6 and 8. The cause you may bet more on a point of 6 or 8 is so that you can place a $5 odds bet on top of a $2 pass line bet. A $4 odds bet on a 6 or 8 would win $4.80 and nobody likes to deal with small change at the craps table. A $5 odds bet on the 6 or 8 wins an even $6.

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2008-11-20