CRAPS ODDS EXPLAINED

If you’re unaware of the odds and how to understand probability when playing casino games, then you’ll fall prey to the fact that every game at a casino has a statistical probability against you winning.

This is especially true if you’re new to craps, as the odds can seem daunting. However, with a little explanation, they’re not too hard to make sense of. 

In this comprehensive guide, we’ll take a look at the most common craps odds and how they work. We’ll also cover some of the more complicated craps bets so that you can be ready for anything when you hit the casino floor. 

Read on to learn how to understand craps odds to help you win more next time you visit an online casino.

WHAT ARE THE PAYOUT ODDS IN CRAPS?

Craps is a fun and exciting casino game that offers players a wide range of betting options. One of the things that makes playing craps so interesting is the payout odds. Payout odds in craps can range from 30:1 to 1:1.

What affects them? The true odds of a bet and the house edge.

The house edge is the percentage of each bet that the casino keeps as profit. For example, if you bet €10 on a number and the payout odds are 3:1, you will receive €30 if your bet wins. However, if the payout odds are 1:1, you will only receive €10.

While the payout odds in craps may seem confusing at first, they are quite simple. The important thing to remember is that the higher the payout odds, the greater the risk of losing your bet.

However, if you choose your bets carefully, you can take advantage of some very favourable payout odds that tie into your craps strategy and improve your chances of winning on the next roll.

CRAPS PROBABILITY AND HOUSE EDGE

Craps odds are usually determined by taking a look at the probability of getting any given number from a dice roll that features two six-sided dice. For example, the probability of rolling a seven is pretty high, so the chances of winning with a bet on seven would be pretty good.

On the other hand, the probability of rolling a two or a 12 is pretty low, so the probability of winning with a craps bet on either of those numbers would be pretty bad. 

When it comes to caps, understanding the odds and craps payouts is essential to having a good time and improving your winning potential.

To help you make sense of the probabilities, let’s take a look at what the various craps bets are as well as how the house edge works.

CRAPS BETS HOUSE EDGE

As we mentioned, the house edge is the percentage of profit gambling venues (online casinos or otherwise) expect to make. Each bet you place has its own house edge, and knowing this tidbit of information might help you make more strategic decisions. Check them out:

CRAPS ODDS CHARTS

While you can use mathematical equations to help you calculate the payout odds in craps, we can also provide you with a detailed list of some of the most common craps odds – the house edge is not the only factor to consider, after all. Keep scrolling for a craps odds table that can help you learn how to strategically place bets and potentially transform them into winning bets.

CRAPS ODDS CHART FOR ALL BETS

Before we get into the specifics, take a look at the probability of winning for one-roll bets (proposition bets) and multi-roll bets:

CRAPS POINT NUMBER PROBABILITY

In a typical craps game, point number probability is the likelihood that a particular point number will be rolled before a seven is rolled. The point numbers are four, five, six, eight, nine, and 10. 

The probability of rolling any point number is 1/6, or 16.67%. This means that, on average, a point number will be rolled once every six rolls. 

With that in mind, here is a quick breakdown of the probability of each point number being rolled before a seven:

Overall, the probability of a seven being rolled first is between about 54% to 66% or for any given point number.

However, it’s important to keep in mind that the actual results of any given roll are always random. This means that point number probability is only a general guide. It’s impossible to say with 100% certainty which point number will come up on any given roll phase.

CRAPS PASS LINE ODDS (PASS LINE BET, DON’T PASS WAGER, COME BET AND DON’T COME BET)

Pass Line bets are bets that the shooter will roll a seven or 11 on the Come Out roll, or that they will roll a point and then pass the point before rolling a seven again.

Don’t Pass bets are the opposite. They are betting that the shooter will roll a two, three, or 12 on the Come Out roll, or that they will pass the point and then roll a seven before passing the point again.

The main difference between these two types of bets is that Pass Line bets win on a seven or 11 on the Come Out roll, while Don’t Pass bets win on a two or three on the same roll phase. There are different bet odds for these wagers.

Here’s a breakdown of Pass Line odds and Don’t Pass odds of winning:

As you can see, the odds are similar for each bet. Come bets and Don’t Come bets have similar odds as well.

ONE-ROLL BET ODDS

Some players might say that Pass Line and Come bets are the best bets to place as they offer the best odds, but that’s not entirely true. 

There are many other bets offering different odds that may be worth considering when devising your craps strategy. 

Here are the craps odds, payouts and house edge percentages for one-roll bets:

MULTI-ROLL BET ODDS (BUY WAGERS, PLACE BETS, ODDS BETS AND HARDWAYS)

Aside from the wagers mentioned above, players can also place numerous multi-roll wagers, including Buy bets, Laying the Odds bets (Lay bets), and Place bets. Here’s what their odds may look like:

Buy wagers pay true odds, which makes them excellent options. Lay wagers also pay true odds with no house edge involved. However, both the Buy and the Lay Odds bet are charged a 5% commission, pushing the house edge from zero to the figures you can see in the above table. 

HOW TO CALCULATE PAYOUTS?

Knowing how a particular bet pays in a craps game is crucial, as payouts easily tie into your playing strategy. Here’s how to go about calculating your payouts:

• You need to know the odds of each bet. The most common bet, a Pass bet, has odds of 1:1. This means that for every unit you bet, you will win an additional unit if you win the bet. So, your total payout will be two units (your original bet plus your winnings).
• If you place multiple bets, then your payouts will be calculated based on the odds of each bet. For example, if you place a Pass Line and an Odds bet, then your total payout will be three units — the winnings of both bets combined.
• So, to calculate your craps payouts, just multiply the odds of each bet by the amount of money you are betting. Or, simply look at our craps odds table above! They’re helpful for beginner craps players as you learn the common odds of each bet.

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