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. |