Craps House Edge and Odds: How to Calculate Your Chances of Winning
Craps has been a favourite for generations. In this dice game, bets are placed on the outcomes of a single roll or a series of rolls. Craps is straightforward to get into, but mastering it takes some skill.
On this site, we'll look at the ultimate craps odds chart and how to find the best odds in craps to boost your wins. We will also cover the house edge, a key concept in any casino game, and analyse the craps payout table.
Understanding Craps Payout Odds in Zimbabwe
To truly enjoy playing craps and improve your winning chances, especially when playing at online casinos in Zimbabwe, it's vital to know the basic rules and develop a craps betting strategy that fits your playing style and how much risk you're comfortable with. Craps odds and house edges differ for various bets. Remember that some bets offer higher payouts but come with lower winning probabilities. Let's check out the different bets and their payouts in craps:
Key Craps Bets for Zimbabwean Players
In craps, players can make several fundamental bets, including Pass Line, Don't Pass, Come, and Don't Come bets. The house edge on these bets is relatively low, making them a good choice for both newcomers and seasoned gamblers in Zimbabwe.
- Pass Line and Come bets: These are popular bets. You're wagering on the shooter rolling a 7 or 11. You win if the shooter succeeds and lose if a 2, 3, or 12 is rolled. The odds of winning are 1:1, and the payout is also 1:1.
- Don't Pass and Don't Come bets: These bets are the opposite of Pass Line and Come bets. 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 is rolled. The odds and payout for these bets are also 1:1.
The "Odds" Bet in Craps
Odds bets can be placed on top of Pass Line, Don't Pass, Come, and Don't Come bets. These bets don't have a house edge, making them appealing for players looking to increase their potential winnings. The payout for odds bets depends on the point number established:
- 4 or 10: A 2:1 payout.
- 5 or 9: A 3:2 payout.
- 6 or 8: A 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:
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 Craps, the Pass Line Bet is arguably the most common wager. It wins if the shooter rolls a 7 or 11 on the come-out roll, or if a 'point' (4, 5, 6, 8, 9, or 10) is established and then rolled again before a 7 appears. The Pass Line bet offers favourable odds of 251/495, which is approximately 50.7%.
What is the house edge in Craps, and why is it important to understand?
The "house edge" in Craps represents the casino's built-in advantage, indicating the percentage of each bet the casino expects to keep over the long term. Understanding the house edge is crucial for players to make informed betting decisions. By choosing bets with a smaller house edge, players can improve their chances of coming out ahead over time.
What is an Odds Bet in Craps, and how does it affect the house edge?
An Odds Bet is a unique wager that can be placed in addition to a Pass Line, Don't Pass, Come, or Don't Come Bet. Crucially, there is no house edge on an Odds Bet, and the payout is directly in line with the true mathematical chances of winning. By making an Odds Bet, players can significantly reduce the overall house edge on their initial Pass Line and Come Bets.
What is the Any 7 Bet in Craps, and why is it considered a risky bet?
The "Any 7" Bet in Craps is a proposition bet where players wager that the very next roll will be a 7. While the payoff odds are 4 to 1, this bet carries a very high house edge of 16.67%. Due to the low probability of winning and the substantial house advantage, the Any 7 Bet is considered a high-risk wager, offering the casino a significant profit margin on each stake.
What is the difference between a Place Bet and a Come Bet in Craps?
Place Bets are wagers made directly on the numbers 4, 5, 6, 8, 9, or 10, winning if the chosen number is rolled before a 7. A Come Bet, on the other hand, is placed after the come-out roll and functions much like a Pass Line Bet. It wins if the shooter rolls a 7 or 11 immediately after the Come Bet is placed, or if a new 'point' is established for the Come Bet and then rolled again before a 7. Come Bets offer the same winning probabilities as Pass Line Bets.
