Casinos can be intimidating and their games a little confusing, but here's a tip: The best bet on the craps table has no house edge, and it isn't shown anywhere on the layout. There's no mention of 'odds' on the table. You must have a Pass or Don't Pass bet to take odds on, but then you're on your own. If you don't know about odds, you'll miss the best bet in the casino.
- Pass Line Odds Bet Chart With Payouts
- Pass Line Odds Bet Chart With Payouts
- Laying Odds On Don't Pass
- Craps Don't Pass Line Odds
- Pass Line Odds Craps
If you know how to play craps, you know that new shooters have to place a wager on the Pass or Don't Pass line. Once that new point of 4, 5, 6, 8, 9, or 10 is made, they can just keep shooting. The odds bet, the one that has zero house edge, isn't mandatory; it's optional. Maquina virtual mac os catalina.
- According to the wizardofodds website, the house edge for a Pass Line wager is 1.41%. The house edge for taking the odds behind that pass line wager, after a point is made is (obviously) 0%. If using 5x odds behind the pass line wager, the house edge is said to be 0.326%.and that is where I get confused.
- Once you make a Pass Line bet, you cannot remove it.) The shooter rolls a 7 to end the game. Everyone's Pass Line bets and their Odds bets lose. Wow, your gut feeling was right, just in the nick of time! In this scenario, the Flat Pass Line bet loses because a 7 appeared before the point number, so you lose your $5 Flat bet.
Oct 09, 2018 The reason you may want to take this opportunity is that winning Pass Line Odds bet pays true odds, meaning it will deliver 2:1 when 4 or 10 is rolled, 3:2 for a 5 or a 9, and 6:5 for a 6 or an 8. Unlike the Pass Line bet, this wager can be removed should you decide to do so.
The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This wager can at least equal your Pass Line bet, so if you have an original wager of $10, put another $10 behind it to take odds. The amount you should wager depends on the point number.
If the point is 4, 5, 9, or 10, match your bet. If the point is 6 or 8, bet $6 in odds for every $5 you have on the Pass Line. When the shooter makes their point, you'll get a much bigger payoff.
Pass Line Odds Payoffs
If the point is:
- 4 or 10, you are paid 2 to 1 on your Odds wager.
- 5 or 9, you are paid 3 to 2 on your Odds wager.
- 6 or 8. you are paid 6 to 5 on your Odds wager.
Most casinos allow you to take double odds on you Pass Line bet. That means if you put $5 on the Pass Line, you could make an odds bet of $10.
Pass Line Odds Bet Chart With Payouts
Your Pass Line bet has a house edge of 1.41 percent. The Odds bet has no house edge, so by taking it you lower the house edge on your overall wagers. A Pass Line bet with single odds has a house edge of 0.85 percent and with double odds, the house edge drops to 0.61 percent.
Over the last few years, many casinos have allowed players to take larger odds bets. Some casinos compete with each other to see who can offer the highest odds, up to 100 times odds. Although this sounds great, it is impractical for average players to wager this much unless they have a very big bankroll.
3-4-5 Times Odds
To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number. You can get odds on Come Bets too.
If the point is::
- 4 or 10 you can take 3 times odds.
- 5 or 9, you can take 4 times odds.
- 6 or 8, you can take 5 times odds.
Craps Odds Bets
This question has a simple answer. The don't pass bet has a lower house advantage than the pass bet. If you're comparing craps wagers by how likely they are to pay off, don't pass bets are technically better than pass line bets.
Look at the house edge on various bets in craps. Poke around on that site long enough and you'll see that the house edge on pass line bets is around 1.41%, while don't pass bets give the casino a 1.36% edge. Adobe photoshop license cost india. Best file system for external hard drive mac.
Pass Bet Details
Pass is the fundamental wager in the game of craps. Bettors who place a Pass bet are hoping that the shooter will roll a 7 or 11 on the come out roll. Otherwise, if the shooter rolls a 4, 5, 6, 8, 9, or 10, a point is established and play continues. Once that point is set, pass bettors are hoping that number will appear again before a 7. The worst possible result for pass bettors is a 2, 3, or 12 – when this number appears on the come out roll, everyone who bets with the shooter is a loser.
Don't Pass Bet Details
Don't pass bets are the opposite of pass bets. Don't pass bettors are hoping the shooter rolls a 2, 3, or 12 on the come-out roll. If that doesn't happen, don't pass bettors are hoping that a 7 appears before the established point.
Understand that both of these wagers pay even money. Since they pay the same, but one has better odds than the other, you must be thinking: why do people place pass line bets at all?
Three important twists to the way the game is played explain why.
Right vs. Wrong Craps Bets
Spend any time reading up on craps and you'll come across these phrases – 'right bettors' and 'wrong bettors.' Understand that don't pass bets are literally the opposite of pass line bets. Betting on the pass line means betting WITH the shooter, while laying don't pass bets means betting AGAINST the shooter.
Gamblers who bet with the shooter are called 'right' bettors, while those lay wagers against the shooter are called 'wrong' bettors. Believe it or not, a lot of people prefer to bet with the shooter (even at a slight disadvantage) than bet on the wrong side.
A don't pass bet is a bet that the shooter will 'seven out' before the point number reappears. Peer pressure and gambling tradition imply that you'd be better off betting with the shooter. It's a stroke of genius on the part of casinos, because they're gently pressuring customers to take less-advantageous bets.
'Betting to Lose'
Another reason commonly cited in discussions about pass vs. don't pass bets – the idea that people don't like 'betting to lose.' What's that mean?
Imagine the game of craps if everybody switched over to better don't pass. The dice would be switching hands back and forth – losing would be the same as winning used to be. Wrong bettors are ignoring the appeal of the hot shooter, which is by far one of the most exhilarating things you can see on the casino floor. Once a shooter 'gets hot,' customers start increasing their bets, the money starts flowing, and a crowd forms. People who wager on the don't pass line are cut out of that excitement altogether. If 'don't pass' became the new 'pass,' the game itself would change fundamentally.
Low Difference in House Edge
Pass Line Odds Bet Chart With Payouts
Let's be honest – the difference in edge between don't pass and pass is very small. Craps appeals to a certain kind of bettor, one that is not likely to get all that excited about an additional 0.5% advantage. Sports bettors and blackjack players? Absolutely. Craps players? They're not really known for their ability to slow down and calculate.
Laying Odds On Don't Pass
The fact that the difference in the casino's advantage is so low is no doubt another factor in the popularity of the pass line. Let's say you're betting $5 per round and seeing 100 outcomes an hour. If you place only pass line bets, your expected losses are around $7 an hour. If you place only don't pass bets, your expected losses are $6.80 an hour. To most people, betting with the shooter is totally worth that extra $0.20 an hour, just to protect them from the scorn of the rest of the table.
Those are all pretty powerful reasons to avoid don't pass bets. But the fact remains – most people simply don't want to bet against the shooter.
And now for a little extra wisdom – there's nothing at all wrong with betting against the shooter. No casino employee will tell you that you can't bet the 'wrong way.' No dealer will kick you out of the game, and no other players are allowed to do anything to you just because you're betting against them. What they can do is make your life a bit miserable – give you the cold shoulder, etc.
Craps Don't Pass Line Odds
This is why you'll often see wrong bettors sitting off to themselves away from the crowd betting with the shooter. All they're really doing is taking the better bet – the one with the better chances of winning. But the culture of the game is such that a 'wrong' bettor is likely to get a little guff from the rest of the table.
Pass Line Odds Craps
