I. Introduction
When you step into a bustling casino floor, the raucous cheers and high-fives around the craps table are hard to miss. Craps, a dice game with roots dating back to the 18th century, has become an enduring favorite among casino enthusiasts worldwide. Its appeal lies in its simplicity, social aspect, and the thrilling potential for big wins.
Craps is typically played with two six-sided dice, and the objective is straightforward: players place bets on the outcome of the roll or a series of rolls. The game is usually guided by a designated shooter who rolls the dice, and other players can join in by betting on the results.
What makes craps stand out from other casino games is the lively atmosphere it creates. The players actively participate in the game, cheering for favorable outcomes and commiserating when luck doesn’t go their way. This sense of camaraderie fosters an exciting and engaging experience for everyone at the table.
As players delve into the world of craps, they soon encounter the concept of craps odds betting. Unlike other casino games where betting options may be limited, craps offers a myriad of betting choices, each with its unique odds and payouts.
Craps odds betting primarily revolves around the “pass line” and “don’t pass line” bets, which are the fundamental wagers in the game. However, the true excitement lies in the “odds bet” – a side bet that players can make in addition to their original pass line or don’t pass line bet. The odds bet is known for its enticing proposition – it has zero house edge, meaning the casino has no advantage over the player.
By placing an odds bet, players can improve their chances of winning and maximize their potential profits. It’s this aspect of craps odds betting that attracts seasoned players and strategists looking for ways to gain an edge over the casino. Understanding the intricacies of odds betting allows players to make informed decisions, transforming a game of chance into a game of skill and strategy.
As the popularity of online gambling continues to surge, more and more players are seeking the convenience and accessibility of virtual craps tables. However, not all online betting sites are created equal, and finding reputable platforms with fair odds, enticing bonuses, and top-notch user experiences can be a daunting task.
The primary purpose of this blog is to serve as a comprehensive guide for craps enthusiasts, whether seasoned players or newcomers, to discover the best craps odds betting sites available. We have carefully researched and curated a list of top-notch platforms that offer an exceptional craps betting experience. With our insights and recommendations, readers can confidently explore these websites and enjoy a safe, thrilling, and rewarding craps journey.
Join us as we unravel the captivating world of craps odds betting and equip you with the tools to make informed decisions, sharpen your strategies, and embark on an unforgettable gambling adventure.
II. Understanding Craps Odds Betting
Craps odds betting adds a layer of excitement and strategy to the traditional dice game, offering players a chance to boost their odds and potential winnings. To grasp the concept fully, let’s dive into the basics of craps and the different types of bets involved.
At its core, craps is all about predicting the outcome of dice rolls. The game typically starts with a designated shooter who throws the dice, while other players place their bets on the results. The two fundamental bets are the “pass line” and “don’t pass line” bets.
- Pass Line Bet: This is one of the most popular bets in craps. Players place their chips on the pass line before the come-out roll (the first roll of the round). If the shooter rolls a 7 or 11, the pass line bet wins, and players get paid even money. If the come-out roll is a 2, 3, or 12, the pass line bet loses. Any other number rolled becomes the “point.” The objective now is for the shooter to roll the point again before rolling a 7. If they succeed, pass line bets win; otherwise, they lose.
- Don’t Pass Line Bet: This bet is the opposite of the pass line bet. Players wager against the shooter, hoping for a 2 or 3 on the come-out roll to win even money. A roll of 7 or 11 means the don’t pass line bet loses. If a 12 is rolled, it’s a push (neither win nor lose). When the point is established, players want the shooter to roll a 7 before hitting the point for the don’t pass line bet to win.
Now, let’s move on to the real game-changer – the “odds bet.”
- Odds Bet: Once a point is established, players who made a pass line or don’t pass line bet can back it up with an odds bet. This additional bet has no house edge, making it an enticing option. The odds bet is placed behind the original bet and is usually limited to a multiple of the original wager. The payout on the odds bet depends on the point number, and it significantly increases the player’s overall payout if they win.
In the table, “Bet or Wager” represents the type of bet, “True Odds” denotes the actual odds of winning that bet, “Payout Odds” indicates how much the player gets paid relative to their original wager if they win, and “House Edge” shows the casino’s advantage for each specific bet. The house edge of 4.76% means that, on average, the casino can expect to keep 4.76% of all bets made on these options as profit in the long run.
For example, if the point is 4 or 10, the odds bet typically pays 2:1. If the point is 5 or 9, the odds bet pays 3:2. And if the point is 6 or 8, the odds bet pays 6:5.
By incorporating odds bets strategically, players can enhance their odds of winning and make the most of favorable situations on the craps table.
In essence, understanding craps odds betting allows players to make informed choices based on the probabilities of each bet. It adds a layer of skill to the game, making craps an engaging and rewarding experience for those willing to delve into its intricacies.
III. Understanding Craps Payout Table
Pass Line Odds / Come Bet Odds / Buy Bets (5% commission)
| Bet or Wager | True Odds | Payout Odds | House Edge |
|---|---|---|---|
| 4 or 10 | 2 to 1 | 2:1 | 4.76% |
| 5 or 9 | 3 to 2 | 3:2 | 4.76% |
| 6 or 8 | 5 to 6 | 5:6 | 4.76% |
Don’t Pass Odds / Don’t Come Bet Odds / Lay Bets (5% commission)
| Bet or Wager | True Odds | Payout Odds | House Edge |
|---|---|---|---|
| 4 or 10 | 1 to 2 | 1:2 | 2.44% |
| 5 or 9 | 2 to 3 | 2:3 | 3.23% |
| 6 or 8 | 5 to 6 | 5:6 | 4% |
Place Bets
| Bet or Wager | True Odds | Payout Odds | House Edge |
|---|---|---|---|
| 4 or 10 | 2 to 1 | 9:5 | 6.70% |
| 5 or 9 | 3 to 2 | 7:5 | 4% |
| 6 or 8 | 6 to 5 | 7:6 | 1.52% |
Field Bets
| Bet or Wager | Payout Odds | House Edge |
|---|---|---|
| 3, 4, 9, 10 or 11 | 1:1 | 5.50% |
| 2 or 12 | 2:1 | 5.50% |
Hardways
| Bet or Wager | True Odds | Payout Odds | House Edge |
|---|---|---|---|
| 6 or 8 | 10 to 1 | 9:1 | 9.09% |
| 4 or 10 | 8 to 1 | 7:1 | 11.10% |
One Roll Bets
| Bet or Wager | True Odds | Payout Odds | House Edge |
|---|---|---|---|
| Any 7 | 5 to 1 | 4:1 | 16.90% |
| Any craps | 8 to 1 | 7:1 | 11.10% |
| 2 craps or 12 craps | 35 to 1 | 30:1 | 13.90% |
| 3 craps or 11 craps | 17 to 1 | 15:1 | 11.10% |
| Big 6 or 8 | – | 1:1 | 9.09% |
| Horn Bet )3 or 11) | – | 3.75:1 | – |
| Horn Bet (2 or 12) | – | 7.5:1 | – |
IV. Defining the House Edge
In the world of gambling, the term “house edge” is a fundamental concept that plays a crucial role in determining the profitability and odds of casino games. It represents the statistical advantage held by the casino over the players in any given game. Understanding the house edge is essential for players as it provides insights into the long-term expected outcomes and the casino’s profitability.
The house edge is usually expressed as a percentage and represents the average amount of each player’s bet that the casino expects to retain as profit over time. In other words, if a game has a house edge of 5%, the casino can expect to keep around $5 for every $100 wagered by players in the long run. The remaining $95 is paid back to players as winnings.
It’s important to note that the house edge does not dictate individual outcomes or short-term results. Players can experience winning streaks or losing streaks, defying the statistical odds, but over a large number of bets, the house edge becomes evident.
The concept of the house edge is closely tied to the probability of winning a particular bet in a casino game. Casino games are designed in a way that the odds are slightly in favor of the house, ensuring the casino’s profitability in the long term. The smaller the house edge, the better it is for the player because it means they have a higher chance of winning.
For example, let’s consider the game of roulette, where the house edge is determined by the presence of the green “0” and “00” pockets on the wheel. In American roulette, which has both “0” and “00” pockets, the house edge is approximately 5.26%. In European roulette, which has only a single “0” pocket, the house edge is reduced to about 2.70%. This means that European roulette offers better odds for players compared to its American counterpart.
The house edge varies from one casino game to another. Some games, like blackjack and craps, offer relatively low house edges if players use optimal strategies. Other games, such as slot machines, tend to have higher house edges, making them more profitable for casinos.
V. How to Calculate Payouts
Image Source: onlinegambling.com
When it comes to calculating payouts in craps, remember to work with the payout odds, not the true odds, when placing your bets. For those new to the game, breaking down the payout odds into units can make it easier to quickly figure out potential winnings on successful bets.
Take a look at the craps table, and you’ll notice that the payout odds for hitting a 4 are 9:5. What this means is that for every $5 you bet, the dealer will pay you $9 if you win.
Let’s say you find yourself at a craps table with a minimum bet of $10, and you decide to wager on the number 4. To simplify things, you can think of your $10 bet as two $5 “units.” Now, to calculate your potential payout, you’ll need to multiply the number of units you want to bet by the amount the casino will pay out if that bet is successful.
In our case, using the 9:5 payout odds for landing a 4, you’ll multiply 2 units by 9, which equals 18. This means that if the dice roll and the 4 comes up, your $10 bet will turn into a sweet $18 win.
Keep in mind that using the payout odds correctly is essential to avoid any surprises when it’s time to collect your winnings. So, the next time you’re at the craps table, you can confidently place your bets, knowing how to calculate those potential payouts like a seasoned pro!
Image Source: onlinegambling.com
VI. Calculating Payouts for Irregular Betting Amounts
When you’re playing craps and want to figure out how much you stand to win on a bet, it’s essential to follow a simple calculation. First, convert the payout odds from a fraction to a decimal. Then, you multiply this decimal by the amount you want to wager, and voilà, you’ll know your potential payout!
Let’s walk through an example to make it crystal clear. Suppose you’re eyeing a bet on point 4 in craps, and the payout odds are 9:5. To work with decimals, you convert this fraction to 1.8.
Now, let’s say you decide to put down a $10 bet on this number. To find out your potential payout, you simply multiply $10 by 1.8, which gives you $18. So if the dice roll lands on 4, you’d be looking at an $18 win coming your way.
It’s all about understanding the payout odds, making the conversion, and doing some straightforward math to see what you could be taking home if Lady Luck smiles upon your chosen number. With this nifty trick up your sleeve, you’ll be confidently making bets at the craps table like a pro!
VII. How Do Craps Dealers Calculate Payouts?
Craps dealers are skilled at calculating payouts with speed and accuracy, making the game flow smoothly for players. To understand how they do it, let’s take a look at the process they follow:
- Knowing the Payout Odds: Craps dealers are well-versed in the payout odds for each type of bet on the table. They have a solid understanding of the various bets available, such as pass line bets, don’t pass bets, odds bets, and more, along with their respective payout odds.
- Converting Odds to Fractions: When a player wins a bet, the dealer needs to quickly convert the payout odds into fractions for calculation. For example, if the odds are 5 to 1, the dealer converts it to the fraction 1/5.
- Using the Bet Amount: Once the player’s winning bet is determined, the dealer considers the amount the player wagered. For instance, if a player bet $20 on a winning bet, that becomes the basis for the payout calculation.
- Calculating the Payout: With the odds converted and the bet amount at hand, the dealer performs the payout calculation. They multiply the bet amount by the fractional odds to determine the total payout.
- Promptly Paying the Player: Craps dealers are skilled at handling chips and money efficiently. Once the payout amount is calculated, they swiftly deliver the winnings to the player.
- Handling Multiple Bets: In a fast-paced game like craps, players often have multiple bets on the table. Dealers are adept at keeping track of these bets simultaneously, accurately calculating payouts for each winning wager.
- Dealing with Complex Situations: Craps can get intricate, especially with odds bets and multi-roll bets. Experienced dealers handle complex situations with ease, ensuring correct payouts without slowing down the game.
- Maintaining Professionalism: Beyond the calculations, dealers maintain a professional and friendly demeanor. They engage with players, answer questions, and create a welcoming atmosphere at the table.
VIII. Here are some websites for Crap Odds Betting
| Casino Name | Pros | Cons |
|---|---|---|
| betwaysatta.com | – Wide range of betting options | – Limited casino game selection |
| – Exciting sports betting platform | – May not be available in all regions | |
| 22win88.com | – Diverse casino games and slots | – Limited customer support options |
| – Attractive bonuses and promotions | – Some payment methods may have fees | |
| jackpotguru.com | – Exclusive promotional offers | – Limited availability in certain countries |
| – User-friendly interface and mobile compatibility | – Relatively new casino with limited reviews | |
| spincasino.com | – Extensive selection of slot games | – Limited live dealer game variety |
| – Secure and reliable payment options | – Some country restrictions may apply | |
| casinodays.com | – Modern and sleek website design | – Limited variety in table games |
| – Generous welcome bonuses and promotions | – Customer support response time can be improved | |
| Ignition Casino | – Large selection of casino games | – Limited support for certain countries |
| – Poker room with active tournaments | – No live chat support available | |
| Wild Casino | – Wide range of deposit options | – Higher wagering requirements on bonuses |
| – Live dealer games and tournaments | – Limited number of progressive jackpot slots | |
| BetOnline Casino | – Extensive sportsbook offerings | – Some country restrictions may apply |
| – Live dealer games and poker room | – Withdrawal processing can be slow | |
| Bovada Casino | – User-friendly platform with mobile compatibility | – Limited number of table games |
| – Bitcoin-friendly casino | – High wagering requirements on bonuses | |
| DraftKings Casino | – Daily fantasy sports and casino games | – Limited traditional casino games |
| – Seamless integration of sports betting | – Only available in select US states |
IX. FAQs For Craps Odds Betting
Q: What is Craps Odds Betting?
Ans: Craps odds betting refers to a type of wagering in the game of craps where players place additional bets on the outcome of the dice rolls beyond the standard pass line or don’t pass line bets. Odds bets offer better payouts and have no house edge, making them a popular choice among experienced players.
Q: How do Odds Bets Work?
Ans: In craps, odds bets are made after a point is established (i.e., after the come-out roll). Players can back up their pass line or don’t pass line bets with odds bets, based on the point number. The payout of the odds bet depends on the point, and it allows players to increase their potential winnings while decreasing the casino’s advantage.
What is the House Edge in Craps Odds Betting?
Ans: The house edge in craps odds betting refers to the statistical advantage held by the casino over the players. For odds bets, the house edge is 0%, meaning the casino has no advantage over the players in this particular wager. However, the house edge still exists for other bets in craps.
Q: How Can I Minimize the House Edge in Craps?
Ans: To minimize the house edge in craps, players can focus on making odds bets, as these have the lowest advantage for the casino. Additionally, employing optimal betting strategies, such as placing bets with lower house edges, can improve the overall odds for players.
Q: What are the Different Types of Craps Odds Bets?
Ans: Craps offers various odds bets, including odds on the pass line, odds on the don’t pass line, come odds, and don’t come odds. Each type of odds bet is associated with a different point number and offers varying payouts.
Q: Is Craps Odds Betting Suitable for Beginners?
Ans: While craps odds betting may seem intimidating to beginners, it’s worth exploring. Starting with simple pass line or don’t pass line bets can help newcomers get comfortable with the game. As players gain confidence and understanding, they can gradually incorporate odds bets for enhanced gameplay.
Q: Can I Place Odds Bets in Online Craps?
Ans: Yes, most online craps platforms allow players to place odds bets. Look for reputable online casinos with user-friendly interfaces that offer various odds betting options to enjoy the game from the comfort of your home.
Q: Are Odds Bets Always Allowed in Land-Based Casinos?
Ans: Odds bets are not always allowed in all land-based casinos. Some casinos have specific rules and restrictions on odds betting. Always check the table limits and rules before placing odds bets at a brick-and-mortar casino.
Q: How Important is Bankroll Management in Craps Odds Betting?
Ans: Bankroll management is crucial in any form of gambling, including craps odds betting. Setting and sticking to a budget can help players play responsibly and protect themselves from significant losses.
Q: Can I Use Betting Systems for Craps Odds Betting?
Ans: While some players use betting systems in craps, it’s essential to understand that no system can guarantee consistent wins. Craps is a game of chance, and betting systems should be used with caution
