Craps House Edge and Odds: How to Calculate Your Chances of Winning
Craps has been a game of chance enjoyed for generations. In this exciting dice game, bets are placed on the outcome of a single roll or a series of rolls. While craps is relatively easy to get the hang of, mastering it does require some skill.
On this site, we'll dive into the ultimate craps odds chart and how to find the best craps odds for winning. We'll also break down the house edge, a crucial concept in any casino game, and analyse the craps payout table, making it easier for South African players to understand.
Understanding Payout Odds in Craps for South African Players
To truly enjoy playing craps and boost your winning potential, it's essential to know the basic rules and develop a craps betting strategy that fits your style and risk appetite. Craps odds and house edges aren't the same for every bet. Remember, some bets offer heftier payouts but come with slimmer winning chances. Let's take a look at the various bets and their payouts in craps:
Essential Craps Bets for South African Gamblers
Players can place several fundamental bets in craps, including Pass Line, Don't Pass, Come, and Don't Come bets. These bets generally have a low house edge, which is why they're a hit with both newbies and seasoned players in South Africa.
- Pass Line and Come bets: These popular craps bets involve wagering on the shooter rolling a 7 or 11 on the come-out roll. You win if the shooter succeeds and lose if a 2, 3, or 12 appears. The odds of winning are 1:1, and the payout is also 1:1.
- Don't Pass and Don't Come bets: As the flip side of Pass Line and Come bets, these wagers mean you're betting against the shooter rolling a 7 or 11. Instead, you win if the shooter rolls a 2 or 3, and lose if a 7 or 11 comes up. The odds and payout for these bets are also 1:1.
The Odds Bet: Boost Your Winnings in Craps
The Odds bet can be placed on top of Pass Line, Don't Pass, Come, and Don't Come bets. These bets are fantastic because they come with zero house edge, making them a prime choice for players looking to maximise their potential winnings. The payout for Odds bets depends on the point number established:
- Point is 4 or 10: 2:1 payout
- Point is 5 or 9: 3:2 payout
- Point is 6 or 8: 6:5 payout
Place Bets
Place bets allow players to bet on a specific number being rolled before a 7. The payouts for place bets vary based on the number chosen:
- 4 or 10: 9:5 payout
- 5 or 9: 7:5 payout
- 6 or 8: 7:6 payout
Field, Big 6 or Big 8 Bet, and Any 7 Bets
Field bets, Big 6/8 bets, and Any 7 bets are additional betting options in craps with varying odds and payouts.
- Field bets: Players win if the next roll is a 2, 3, 4, 9, 10, 11, or 12. The payout is 1:1 for most numbers, with a 2:1 payout for 2 and 12.
- Big 6/8 bets: Players win if the shooter rolls a 6 or 8 before a 7. The payout is 1:1.
- Any 7 bets: Players win if the next roll is a 7. The payout is 4:1.
Craps House Edge
Each game features a house edge that must be considered for calculating the odds in craps. In the long term, online casino site is counting on keeping the house edge, which is a certain proportion of each bet.
If the house edge in a game is 1%, for instance, the casino can anticipate winning back, on average, 1% of every bet.
The house edge in craps changes with each type of bet. This is the proportion of the house edge and payout for some of the most popular craps bets:
| Bet Type | Payout | House Edge (%) |
|---|---|---|
| Pass Line Bet | 1:1 (even money) | 1.41 |
| Don't Pass Bet | 1:1 (even money) | 1.36 |
| Come Bet | 1:1 (even money) | 1.41 |
| Don't Come Bet | 1:1 (even money) | 1.36 |
| Odds Bet on 4/10 | 2:1 | 0 (No house edge) |
| Odds Bet on 5/9 | 3:2 | 0 (No house edge) |
| Odds Bet on 6/8 | 6:5 | 0 (No house edge) |
| Place Bet on 4/10 | 9:5 | 6.67 |
| Place Bet on 5/9 | 7:5 | 4.00 |
| Place Bet on 6/8 | 7:6 | 1.52 |
| Field Bet on 3,4,9,10,11 | 1:1 | 5.56 |
| Field Bet on 2,12 | 2:1 | 5.56 |
| Big 6 or Big 8 | 1:1 (even money) | 9.09 |
| Any 7 Bet | 4:1 | 16.67 |
Clearly, the house edge is smaller on some bets than others. The Pass Line, Don't Pass, Come Bet, and Don't Come odds all have a lower house edge than other possible bets.
The Any 7 Bet, the Big 6 or Big 8 Bet, and the Place Bet on 4 or 10 have the biggest house edge in the craps odds chat.
How to Calculate Payouts in Craps Online
Craps payouts are determined by the player's knowledge of both the house edge and the craps odds of winning of the bet they are placing. Here's a closer look:
Players bet $10 on the Pass Line, and the dice roll a 7. Since the chances of winning a Pass Line Bet on the come-out roll are 251/495, or 50.7%, players win $10 - even money.
Let's assume players are willing to risk $10 on the point of 6 with chances of -110. If players place a $5 Odds Bet on the point of 6, they will receive a $6 payout. The return on a $10 bet is $12.
The method used to determine winnings for other bets is similar. For any bet players place, they must consider not only the best craps odds of winning but also their potential return.
Conclusion
One of the most important aspects to play craps online successfully is becoming familiar with the craps odds. Players can improve their craps odds of winning by placing bets with a higher expected payout if they know the odds of winning and the payoff odds for each stake.
The best bets are the ones with the lowest house edge (the Pass Line Bet, the Don't Pass Bet, the Come Bet, and the Don't Come Bet). Any 7 Bets, Big 6 and Big 8 Bets, and Place Bets on 4 and 10 carry the largest house edges and should be avoided.
Players can reduce the risk and increase their chances of winning by learning the best odds for craps.
FAQ
What is the Pass Line Bet in Craps, and what are its odds of winning in South Africa?
In Craps, the Pass Line Bet is the most common wager. It wins if the shooter rolls a 7 or 11 on the come-out roll. Alternatively, if a point (4, 5, 6, 8, 9, or 10) is established, the Pass Line bet wins if that point is rolled again before a 7. The odds of winning a Pass Line bet are approximately 251/495, or about 50.7%.
What is the house edge in Craps, and why is understanding it important for South African players?
The "house edge" in Craps represents the percentage of each bet the casino expects to retain over time. Understanding the house edge is crucial for South African players as it helps them make informed betting decisions. Choosing bets with a lower house edge increases the player's chances of winning in the long run.
What is an Odds Bet in Craps, and how does it affect the house edge for South African gamblers?
An Odds Bet is an additional wager placed alongside the Pass Line, Don't Pass, Come, or Don't Come bets. Importantly, Odds Bets have no house edge, and the payout reflects the true odds of winning. Placing an Odds Bet reduces the overall house edge on Pass Line and Come bets, making it a strategic option for South African players.
What is the Any 7 Bet in Craps, and why is it considered a risky bet in the South African context?
The "Any 7" bet allows players to wager that the next roll will be a 7. While it offers a payout of 4 to 1, the house edge is a significant 16.67%. Due to the low probability of winning and the high house edge, the Any 7 bet is considered high-risk. Casinos have a substantial advantage on this particular bet.
What is the difference between a Place Bet and a Come Bet in Craps, and how do they work for South African players?
Place Bets are wagers on the numbers 4, 5, 6, 8, 9, or 10, and they win if that number is rolled before a 7. A Come Bet, similar to a Pass Line Bet, is placed after the come-out roll. It wins if the shooter rolls a 7 or 11, or if the point is rolled before a 7. Come Bets offer the same odds of winning as Pass Line Bets.
