Craps Betting Odds



Let me begin by apologizing to our beginner craps players. I pride myself on being a good teacher, but I overlooked the fact the I have not yet written an article dedicated to the free odds bet. I took it for granted that everyone understood what is mathematically the best bet in the game.

The simplest and most effective craps strategy is choosing bets with low house edge instead of the sucker bets that are scattered all over the craps layout. If you, for instance, bet on don’t pass, the house only has a 1.41% advantage. These odds are very good compared to most other online-casino games. Players wanting to know the craps odds are likely to want to know the true odds on a wager. Using this data, a player can compare the real odds with the payouts to get a new perspective on the house edge. Craps Bet – Real Odds. Pass Line Bet – 251 to 244; Don’t Pass Bet – 976 to 949; Come Bet – 251 to 244; Don’t Come Bet – 976 to 949.

However, recently, I started seeing very basic questions about the free odds bet pop up on the RoadGambler YouTube channel.

So let’s have a simple discussion about the free odds bet.

For purposes of simplicity, I am only going to discuss free odds on the light side, aka the pass and come side. For the dark side of free odds, see this: https://roadgambler.com/casino/darkside/

Also, the free odds are simply referred to as ‘odds’; so going forward, I will use the term ‘odds’ in lieu of ‘free odds.

WHAT ARE THE FREE ODDS BET?

The odds bet is a bet that can only be made once the player has bet on the pass line or come bet.

It’s mathematically the best bet on the table because the odds pay true odds. That means that, unlike almost every other bet in the casino, the house has no advantage.

Odds bets are usually capped. At most Las Vegas strip properties, the odds bet is capped at a maximum of 3x, 4x, and 5x.

For example, here is a table limit sign at a Las Vegas Strip casino.

Notice that the minimum bet on this table is $15. 3x, 4x, and 5x means that: if the point is 4 or 10, then the maximum odds are 3 times the pass line bet; if the point is 5 or 9, then the maximum odds are 4 times the pass line bet; and if the point is 6 or 8, the maximum odds allowed are 5 times the pass line.

Let’s say that you make a $15 pass line bet. That means that in the above picture since the point is 8 (as marked by the white puck), you can bet $75 worth of odds.

Some casinos will allow more free odds. Notice the sign that says 100x. That means if you bet $5, you can bet up to $500 worth of odds.

WIN-LOSS CONDITIONS OF THE ODDS BET

The odds bet will win if the point assigned to that odds bet rolls before the 7 rolls.

For example, if the point is 8, and the 8 rolls before the 7 rolls, then the odds bet will win. If the 7 rolls before the 8 rolls, then the odds bet will lose.

Odds bets can also be wagered on Come bets after the Come bet point has been established. Be warned that typically if the bettor has a live come bet with odds, and the pass line has just won, then the next roll will be a come out roll for the pass line. In that case, the odds bet attached to the come bet will not be working unless the bettor declares the odds to be working.

HOW TO IDENTIFY AND MAKE THE ODDS BET

In the picture below, the two bets that are behind the pass line bet are the odds bet. To make the odds bet, you just position your chips in the area behind your pass line bet, AFTER THE POINT HAS ROLLED.

If you are playing online, the odds bet is made by dragging chips to the area behind your pass line bet, like this…

PAYOUT ON ODDS BET

The most important thing to know about the odds bet is the payout.

The following are the payouts for each point…

Point is 4 or 10

  • Odds will pay 2-1.
  • For example, if you bet $10 on the odds, you will be paid $20

Point is 5 or 9

  • Odds will pay 3-2.
  • For example, if you bet $10 on the odds, you will be paid $15.
  • When betting odds on the 5 or 9, always make sure that you bet in even dollar increments. For example, if you bet $5, you will be penalized. True odds payout would be $7.50, but since most casinos do not have 50 cent chips, the casino will round down and pay $7.

Point is 6 or 8

  • Odds will pay 6-5.
  • For example, if you bet $10 on the odds, you will be paid $12.
  • Always bet in $5 increments, or else you will be penalized. The casino will round down from the true odds payout.

FINAL ADVICE

When in doubt about how much to bet, follow this one simple rule about how much to bet on free odds: Bet in $10 increments.

If you bet in $10 increments, you will always have the correct odds bet. Make sure that the $10 increment does not go over the maximum odds allowed.

Play responsibly and enjoy!

Posted in: Casino, Craps, Gambling

Thread Rating:

heyimjason
Hi. Last month I went into a smaller casino and found their craps table was closed. They did, however, happen to have a large 'craps machine' that was basically 6 seats with screens for betting, and a large dome that contained 2 large dice that would roll when the platform they were on started vibrating.
After 3 visits, I started playing a bonus bet. How it worked is that you had to hit 6 numbers (4, 5, 6, 8, 9, 10), then the point again. So, say the come-out roll was a 4 - to win, you'd have to hit the other numbers, then a 4 to win the top prize (1,000 to 1). You could hit the numbers in any order, but if you hit a number twice, or if you threw anything else (2, 3, 7, 11, 12) the bonus bet would be over. I decided to give it a shot, and about 30 minutes later I won $5,000 on a $5 bet.
My question is, what are the odds or chances of actually winning the bonus bet like that? Hitting all 6 required numbers within 6 rolls after the come-out. I imagine the chances of that happening are one in a few thousand, but I'm useless when it comes to anything beyond basic math.
GWAE
Probably similar to 18.... what nevermind.
So this is basically a firebet. Are you saying if the point is a 6 and there is a 3 then the bonus bet is over, even though it was not a seven out? If so then this has got to be the worst bet in the house.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
heyimjason
Yes, if you don't hit any of the required numbers, or if you hit a number twice, then the bet is over.
Do you know the odds or chances to hit all 6? That's all I'm trying to figure out. I've already done well with it.
RS
Does it pay for hitting fewer numbers in a row? Or is it an all or nothing bet?
If the point is, say, 6, same thing applies? You must hit the other 5 numbers (4,5,8,9,10) first and then 6?
When is the bet placed? During the come out roll? Do you know what the bet was called?
heyimjason
Yes, it pays for hitting fewer numbers. 5 numbers would pay 150 to 1, even if the bet ended. 4 paid less, and 3 barely paid anything.
To win the main prize, 1,000 to 1, yes, you'd hit the other 5 numbers then the point.
The bet is placed before the come-out roll. I can't remember the name of the bet - something like 'six-shooter bonus' or the like.
I'm still trying to figure out what the chances are of hitting those 5 numbers and the point again all in a row.
beachbumbabs
Administrator

Yes, it pays for hitting fewer numbers. 5 numbers would pay 150 to 1, even if the bet ended. 4 paid less, and 3 barely paid anything.
To win the main prize, 1,000 to 1, yes, you'd hit the other 5 numbers then the point.
The bet is placed before the come-out roll. I can't remember the name of the bet - something like 'six-shooter bonus' or the like.
I'm still trying to figure out what the chances are of hitting those 5 numbers and the point again all in a row.


Even if you dodge the 2-3-7-11-12 all those times, it seems more likely than not that the point would change in the course of throwing all those other numbers. You have to hit the current point after you've got all 6 numbers marked, then, no matter how many times it might have changed during the hand?
If the House lost every hand, they wouldn't deal the game.
ahiromu
Babs, I'm pretty sure that you'd lose if you hit the point early... tantamount to hitting the same number twice.
Nobody has answered your question because you did not give us a complete set of rules and it probably requires a lot of time commitment. People get paid for this stuff. With that said, I think that this would require a simulation or a lot of math by hand. There are a limited number of win scenarios (200 maybe?) with any other sequence of six rolls (after setting the point) losing. I mean, if I understand this correctly, you have to hit all 5 other 'numbers' then the point... any other situation and the bet loses.
Hopefully someone gets interested in this. I'll keep thinking about it. This has got to be worse than the firebet, right?
Its - Possessive; It's - 'It is' / 'It has'; There - Location; Their - Possessive; They're - 'They are'
mustangsally

Hi. Last month I went into a smaller casino and found their craps table was closed. They did, however, happen to have a large 'craps machine' that was basically 6 seats with screens for betting, and a large dome that contained 2 large dice that would roll when the platform they were on started vibrating.

This sounds like the interblock 'organic craps' I have seen and played a few times.
There were 3 dice in the shaker I do remember.
so with 2 dice maybe it is another game totally...
2 dice slot is the shoot-to-win craps and that is all over Vegas but I have yet to see the side bet.
The bet is called Lucky Shooter (Great name for a XXX rated flick) from Interblock's site
Craps Betting OddsThis is what I found last year when it was warmer outside
'The Lucky Shooter is a side bet for Craps that will improve the Hold on the game.
The Side Bet can be made before each new “Come Out” roll.
The object
of the Lucky Shooter Side Bet is to first establish a Point,
then roll the 5 other Box Numbers (4, 5, 6, 8, 9, 10 excluding the Initial Point) in any order
during the next 5 rolls,
and then roll the “Initial Point” on the 6th roll.
Once one of the “5 other Box Numbers” is rolled it cannot be rolled again.
If a 7 or 11 is rolled on the Come Out Roll, the game ends and the bet remains working for the next Come Out roll.
If a 2, 3 or 12 is rolled on the Come Out Roll,
the game ends and the bet loses.
If a point is established on the Come Out Roll, the game ends when Any Number other than one of the remaining (not already rolled) “5 other Box Numbers” is rolled.
If all “5 other Box Numbers” are rolled, then the game ends after the 6th and final roll. The Player has a chance to win up to 1000 to 1.'
Quote: heyimjason

My question is, what are the odds or chances of actually winning the bonus bet like that?
Hitting all 6 required numbers within 6 rolls after the come-out.

I get (with simple multiply and adding in a 207x207 transition matrix in old Excel 2007) about 1 in 7,558.27
for what I call the Lucky6
for some to see
I B in Palm Desert (just next to Palm Springs)
for the long weekend and I plan on visiting Fantasy Springs Casino in Indio (plug) as they told me they have the bet there.
Hope it is the 1000 for 1 as I have seen the 500 for 1 paytable too.

Craps Bets Odds Payouts

I B very lucky this year (so far so goooooooood)
and I should hit that Lucky6 after dinner and dancing and B4 sex.
sounds like you had fun getting lucky!
Sally
ThatDonGuy
I get winning the 6-number bet 1 time in 7558.272

To win, you have to roll a point number, then the other five point numbers in any order, then the point number again.
There are 367 ways to roll 2 dice 7 times.
There are 720 winning sets of rolls; each of the 720 permutations of the six point numbers, with the first number repeated as the seventh. (For example, 4, 6, 10, 8, 9, 5, 4.)
Since each of the six point numbers appear in positions 1-6, there are 3 ways to roll the 4, 4 to roll the 5, 5 to roll the 6, 5 to roll the 8, 4 to roll the 9, and 3 to roll the 10.
If the first number is 4 or 10, there are 3 ways to roll the last number, so there are 3600 x 3 = 10,800 ways to roll it.
If the first number is 5 or 9, there are 4 ways to roll the last number, so there are 3600 x 4 = 14,400 ways to roll it.
If the first number is 6 or 8, there are 5 ways to roll the last number, so there are 3600 x 5 = 18,000 ways to roll it.
240 of the 720 permutations start with 4 or 10, 240 start with 5 or 9, and 240 start with 6 or 8.
The total = 240 x 10,800 + 240 x 14,400 + 240 x 18,000 = 10,368,000.
10,368,800 / 367 = 1 / 7558.272

Craps Betting Odds Horn

heyimjason

Craps Betting Strategy Odds

Yes, that's the game I was talking about, Sally! So that $5,000 hit I got was pretty damn lucky. Btw - it was a 2 dice game.
Not sure how that compares to table craps and the fire bet, but I'll have to look into it and figure out what I wanna stick with in the future. It was nice being able to set my own bets without shouting, or having to second guess a new dealer's math, but if the side bet odds are better on the table, I might have to stick with that.