Minimums, Maximums, and Table Odds every damn casino inVegas
To win at craps, it's essential for players to understand which bets have the best odds of landing, and how much they can expect to receive. Use our craps payout chart and craps bets odds guide to help you find out how much you can potentially win in your next online game. Craps offers some of the best odds in the casino. It also offers some of the worst. In order to get this privilege, the player pays the house a 5% commission. A quick look at the odds chart reveals that in most instances, the four and ten are the only numbers that are worth buying. A $20 Buy Bet carries a $1 vigorish. Buying the 4 or 10 for.
DOWNTOWN CASINOS
True Odds: These are the calculated odds that you will win or lose based on the bet you make. The amount of money you place doesn't figure into the odds, but it does figure into the Craps payout. Craps Payout: For a 1/1 payout, if you bet $5 and win, you only get $5 on top of the $5 you bet. The essential starting ground for craps odds and probabilities is with the dice roll itself. Since bets are made based on the potential outcome of the dice, knowing how often, or how infrequently a number combination will occur is the foundation for betting odds in craps. Using the Smart Craps simulator, I set up a simulation which assumed a random thrower betting a $30 6 and a $30 8. The simulation ran for 10,000,000 rolls of the dice (actually 10,000,003 rolls in order to finish the last hand).
| No. of Tables | Table Odds | Limits | Notes | |
| BINION'S | 5 | 10x | $3,$5 – $3,000 | 2 pays 2X and 12 pays 3X in Field. Downtown Odds on Proposition Bets. See our reportabout how craps at Binions has gone downhill . (3-09) |
| THE CALIFORNIA | 4 | 2x | $5 – $1,000 $3,000 max on Odds | See where the undisputed World Craps Roll took place — 3 hours and 6 minutes! TheGolden Arm Awards are posted in the upstairs walkway to the Main Street Station,which you should visit anyway for the best craps downtown. Lots of Hawaiian visitorshere. (3-09) |
| EL CORTEZ | 2 | 10x | $3 or $5 – $1,000 | No more 25-cent craps. $5,000 maximum on Odds. Field pays 3X on 12. Downtown Odds on Proposition Bets. Place to go if you want to see wherehalf the dealers in Vegas get their first job and training. (3-09) |
| FITZGERALDS | 2 | 3,4 and 5x | $3,$5 – $1,000 $2,000 max on Odds | Field pays triple on 12. Downtown Odds on PropositionBets. Casino newly decorated. (3-09) |
| 4 QUEENS | 3 | 5x | $3, $5 or $10 – $1,000 $2,000 max on Odds | Field pays triple on 12. Downtown Odds on PropositionBets. (3-09) |
| GOLDEN GATE | 2 | 10x | $3 or $5 – $500 | Nice Piano Bar and Deli. Field pays triple on 12. DowntownOdds on Proposition Bets. (3-09) |
| GOLDEN NUGGET | 5 | 3,4,5x | $5 – $5,000 | Field pays triple on 12. Downtown Odds on PropositionBets. (3-09) |
| FREMONT | 4 | 2x | $3 or $5 – $3,000 $2,000 max on Place Bets | Field pays 3x on 12. Downtown Odds on Prop. Bets. Special 'Roll-A-Thon promotionfor consecutive rolls without a Seven… Record as of 5/07 is 117 Rolls. But…better Boyd Property offerings at Main Street Station. (3-09) |
| LADY LUCK | – | – | – | Closed on February 11, 2006 pending upgrades or reorganization. |
| LAS VEGAS CLUB | 1 | 10x | $5 – $500 | No more 25-cent game here. 12 pays 3x in Field, DowntownOdds on Proposition Bets. Down from 3 tables last review. (3-09) |
| MAIN STREET STATION | 3 | 20x | $5 – $1,000 | Best Odds offerings Downtown. Great Micro-Brewery.Clean and stylish pit. Downtown on Prop. Bets. 12 pays 3x in Field. This is the bestdeal downtown. (3-09) |
| PLAZA | 2 | 10x | $5 – $500 | Field pays triple on 12. Downtown odds on proposition bets. One of the ugliest pitsin Vegas. One table is CRAPLESS CRAPS. One table has FIRE BET. $500 Maximum on Odds.(12-09) |
LAS VEGAS STRIP
(from North to South)| No. of Tables | Table Odds | Limits | Notes | |
| STRATOSPHERE | 3 regular, 1 crapless | 10x | $5 or $10 – $2,000 | Has the only Crapless Craps game in Vegas. Field pays2X on 2 and 12. $2,000 max on Odds. Best View of Las Vegas from the top of the tower.Kickback sportsbook. Great dining also at top of the tower and the Tower of Pasta.(3-09) |
| SAHARA | 3 | 5x | $5 or $10 – $1,000 | Downtown Odds on Proposition Bets. No More Fire Bets. Field pays double on 2 andtriple on 12. Roller Coaster here and great spot for auto racing enthusiasts. (3-09) |
| CIRCUS, CIRCUS | 4, + 1 tub | 2x | $3 or $5 – $1,000 | $3,000 Maximum Pay-Out. Why bother unless you love Circus Acts and want to bringthe kids. Best Steak House in Las Vegas. Very reasonable room rates. I table isin the old Slots-A-Fun building, almost on the Strip sidewalk. (7-09) |
| WESTWARD HO | – | – | – | Closed |
| SLOTS-A-FUN | 1 | 2x | $3 or $5 – $500 | MERGED WITH CIRCUS-CIRCUS IN JULY, 2009. Strip Odds Proposition Bets. 12 pays 3xin Field. This table is damn near ON THE STREET ! (7-09) |
| STARDUST | – | – | – | Was Imploded on April 3, 2007 |
| RIVIERA | 2 | 2x | $5 & $10 – $1,000 | Downtown Odds on Propostion Bets. 12 pays 3x in Field. FIRE BET (5-09) |
| NEW FRONTIER | – | – | – – | Closed on July 15th, 2007 |
| WYNN RESORT | 10 | 3-4-5x | $10, 15, & 25 – $5,000 | Downtown Odds on Proposition Bets. 2 pays 2X and 12 pays 3X on Field Bets. (5-09) |
| ENCORE | 5 | 3-4-5x | $10, 15, & 25 – $5,000 | Downtown Odds on Proposition Bets. 2 pays 2X and 12 pays 3X on Field Bets. (5-09) |
| MIRAGE | 8 | 3-4-5x | $5, $10 & $25 – $5,000 | Downtown Odds on Proposition Bets. Free Odds not posted. $10,000 maximum on odds.Field pays 2x on 2 and 3x on 12. (3-09) |
| TREASURE ISLAND | 4 | 3-4-5x | $5 & $10 – $5,000 | Field pays 2X on 2 and 3X on 12. Downtown Odds on Proposition Bets. (3-09) |
| CASINO ROYALE | 2 | 20x less than $5. 100x on 1 Table. | $3 or $5 – $500 $2,500 max. pay on Free Odds | No more sit-down 'Tub' which was a 'Crap Shoot' six chair. 'Put' bets allowed. Fieldpays 2X on both the 2 and 12. Strip odds on Prop. bets. 100x Odds only on bets with$5 Minimum. Located on 'The Strip' across the street from The Mirage and next doorto Harrah's. 100X Free Odds only on one table. This 100X Free Odds table is thebest deal on 'The Strip'. (3-09) |
| BOARDWALK | Destroyed to make way for new MGM-Mirage CITY CENTER. (3-09) | |||
| BILLS GAMBLING HALL & SALOON (Formerly The Barbary Coast) | 4 | 3-4-5x | $5 or $10 – $1,000 | Strip Odds on Proposition Bets. Field pays 2x on both 2 and 12. Firebet. $1,000Max. on Free Odds. (3-09) |
| O'SHEAS | 2 | 3x,4x & 5x | $3 & $5 – $500 | Strip Odds on Proposition Bets. Field pays 2x on both 2 and 12. Firebet. (3-09) |
| FLAMINGO | 5 | 3-4-5x | $5, $10, $15 & $25 – $3,000 | Strip Odds on Prop. Bets. Field pays 2x on both 2 & 12. Maximum on Odds, 5 & 9 is$4,000. 4&10 is $3,000. $5,000 on 6 & 8. Firebet on all tables. (3-09) |
| HARRAH'S | 4 | 3-4-5x | $5, $10 or $25 – $3,000 | 3K Maximum Pay on Proposition Bets. Field pays 2x on 2 and 2X on 12. Strip payoffson Prop. Bets. Fire Bet posted on all tables. $9,000 max pay on Prop. Bets. Oneof the nicest designed casinos and craps pits on 'The Strip'. Check out the CalypsoCarousel on the South side of the building. Weekend music and bar tenders flippingbottles as they mix 'em… a show in itself. But, why play dice here when you canwalk across the alley on the North side and get 100X free odds at Casino Royale?(3-09) |
| IMPERIAL PALACE | 3, no more six-person sit-down game | 3-4-5x | $3,$5 or $10 – $1,000 | $1,000 Maximum on Free Odds. Strip Odds on Prop. Bets. Field pays 2x on both the2 and 12. Fire Bet on all tables. (12-09) |
| CAESAR'S PALACE | 7 | 3-4-5x | $10 – $50K | Downtown Odds on Proposition Bets. Field pays 2X on 2 and 3X on the 12. Maximumaggregate bet on line is $100,000. Firebet on One Table. Still one of the best entertainmentvenues on 'The Strip'.(8-09) |
| MONTE CARLO | 5 | 3-4-5x | $5 & $10 – $3,000 | Downtown Odds on Proposition Bets. Field pays 2x on 2 and 3x on 12. (3-09) |
| VENETIAN | 8 | 3-4-5x | $5,$10 &$25 – $5,000 | Downtown Odds on Proposition Bets. 12 Pays 3x on 12 in Field. (3-09) |
| PALAZZO | 8 | 3-4-5x | $5,$10 &$25 – $5,000 | Downtown Odds on Proposition Bets. 12 Pays 3x on 12 in Field. (3-09) |
| PARIS | 6, med. size | 3-4-5x | $5, $10 & $15 – $5000 $5,000 max on Odds | Fire Bet. Strip Odds on Proposition Bets. Field… 2 & 12 both pay Double. (2-09) |
| PLANET HOLLYWOOD (Formerly The Aladdin) | 5 | 3-4-5x | $5 & $10 – $5,000 | Strip Odds on Proposition Bets. Field pays 2x on both 2 and 12. (5-09) |
| BALLY'S | 4 | 3-4-5x | $5 & $10 – $5,000 | Firebet on all tables. Strip Odds on Proposition Bets. Field pays 2X on 2 and 12.(3-09) |
| BELLAGIO | 12 | 3-4-5x | $5, $10 & $25 – $5,000 | Downtown Odds on Prop. Bets. Field pays 3X on 12. Worth a stop here to see the WaterShow and the Monthly Floral Display in Atrium. (3-09) |
| MGM | 10 (8 in main & 2 in mini-pit near KA entrance) | 3-4-5x | $5, $10 & $25 – $5,000 | Downtown Odds on Proposition Bets. 2 pays 2X on 2 and 3X on 12. A NON-SMOKING TABLE.NO MORE FIREBET. Always good entertainment values. Recent upgrades in Sportsbookand Poker Parlor. (3-09) |
| NEW YORK, NEW YORK | 6 | 3-4-5x | $5, $10 & $15 – $3,000 | Downtown Odds on Proposition Bets. Field pays 2x on 2 and 3x on 12. (3-09) |
| TROPICANA | 3 | 3-4-5x | $5 – $3,000 | Strip Odds on Proposition Bets. Field pays 2x on both 2 and 12. Last Bastion of'The Old Las Vegas Strip'. Pit finally relocated under the stained glass dome. TheLas Vegas Hall of Fame is no longer here but the Souvenir Store is Great. (3-09) |
| EXCALIBUR | 2 | 3,4 & 5x | $5 – $3,000 Maximum Pay-Out $9,000 | Field Bets… 2 pays 2x and 12 pays 3x. Downtown odds on proposition bets. (3-09) |
| LUXOR | 5 | 3-4-5x | $5 & $10 – $5,000 | Downtown Odds on Proposition Bets. Field pays 2x on 2 and 3x on 12. Egyptian Themeis slowly disappearing. (3-09) |
| MANDALAY BAY | 10 | 3-4-5x | $10, $15 & $25 – $5,000 | Downtown on Proposition Bets. Field… 2 pays Double, 12 pays Triple. (3-09) |
| VACATION VILLAGE | (CLOSED) | |||
| SOUTH POINT | 6 | 2x | $5 – $2,000 $4,000 Max. on Odds | Downtown Odds on Proposition Bets. Field: 2 pays Double, 12 pays Triple. (3-09) |
OFF THE STRIP
| No. of Tables | Table Odds | Limits | Notes | |
| THE PALMS | 5 | 3-4-5x | $5, $10 or $25 – $3,000 $10,000 max on Free Odds | Downtown Odds on Proposition Bets. Field pays 3X on 12. NO MORE FIRE BET. Vig on4 and 10 5% up to $20 up front, Vig payed on wins only at $25 and over. (3-09) |
| HILTON | 4 | 3,4,5x | $5 & $10 – $3,000 $10,000 max on Odds | Fire Bet. Downtown Odds on Proposition Bets. 2 pays 2X & 12 pays 3X on Field Bets.(3-09) |
| RIO | 6 | 3-4-5x | $5, $10, $25 – $5,000 | Strip Odds on Proposition Bets. 2 and 12 both pay 2X on Field Bets. FIRE BET stillposted on all layouts. (3-09) |
| HARD ROCK | 5, medium size | 3-4-5x | $5,$10 & $25 – $3,000 $10,000 maximum on Odds | Strip Odds on Proposition Bets. Field… 2 & 12 both pay Double. FIRE BET. Low Dice/HighDice Bet in Corners. (3-09) |
| TUSCANY | 1 | 3,4 & 5x | $5 – $500 on Flat Bets $1,000 Maximum Payoff on Odds | Downtown Odds on Proposition Bets. Field pays 2X on 2 and 3X on 12. (3-09) |
| HOOTERS | 2 | 3,4 & 5x | $5, $10 or $25 – $1,000, | Downtown Odds on Proposition Bets. Field… 2x on 2 and 2x on 12. SharpShooter Beton Number of Passes Made. (3-09) |
| WESTIN (Formerly MAXIM) | 1 | 3,4 & 5x | $5 – $500 | Downtown Odds on Proposition Bets. Field pays 2X on 2 and 12. The Westin is theonly non-smoking hotel in Las Vegas, but smoking is allowed in the casino pit. HappyHour, 5pm to 10pm Mondays through Thursdays, $1 Minimum. |
| ELLIS ISLAND | 1 TUB | 3,4 & 5x | $5 – $50 | Downtown Odds on Proposition Bets. Field pays 2X and 3X on 12. Great sirloin steaksandwich in coffee shop and popular micro-brewery. |
| GOLD COAST | 3 | 3, 4 & 5x | $5 – $2,000 Maximum | Downtown Odds on Proposition Bets. Field Pays 3x on 12. $5,000 Maximum on odds.(12-09) |
| THE ORLEANS | 6 | 3x,4x & 5x | $2 & $5 or $10 to $2,000 $5,000 max on Odds | Downtown on Proposition Bets. Field Bets… 2 pays Double, 12 pays Triple. BowlingAlley. Movie Complex. (3-09) |
| TERRIBLE'S | 1 | 3-4-5x Odds | $5 – $500 | Downtown on Proposition Bets. Field Bets…2 pays Double and 12 Pays Triple. (3-09) |
STATION PROPERTIES
| No. of Tables | Table Odds | Limits | Notes | |
| SUNSET STATION | 4 | 10x | $5 & $10 – $2,000 | Downtown Odds on Proposition Bets. Field Bets…2 pays Double, 12 pays Triple. (2-09) |
| BOULDER STATION | 3 | 10x | $3 & $5 – $500 or $1,000 $2,000 max on Odds | Downtown Odds on Proposition Bets. Field Bets…2 pays Double, 12 pays Triple. $5Minimum on Hop Bets. (3-09) |
| SANTE FE STATION | 4 | 10x | $5 – $1,000 $1,000 max on Odds | Downtown on Proposition Bets. Field Bets…2 pays Double, 12 pays Triple. |
| WILD, WILD WEST | 1 dealer tub | 2x | $3 – $200 | Strip Odds on Proposition Bets. Field Bets…2 pays Double and 12 pays Double. Signson table… Do not Bang OR Set the Dice. Nice little Sports Book. (3-09) |
| PALACE STATION | 3 & 1 Tub | 3-4-5x to $24 Flat and 10x with min. $25 Flat | $5 – $2,000 | $5,000 Maximum on Odds. Downtown on Proposition Bets. Field 2x on 2, 3x on 12. FIREBET on some tables. (12-09) |
| TEXAS STATION | 3 | 10x | $5 – $1,000 $3000 max on Odds | Proposition Bets pay 16 for 1 (Downtown) on 3 & 11 and pay VERY RARE 32 for 1 on2 & 12. |
| FIESTA RANCHO | 1 | 10x | $2 – $1,000 $3,000 max on odds | Proposition Bets pay 16 for 1 (Downtown) on 3 & 11 and pay 32 for 1 on 2 & 12. |
| GREEN VALLEY RANCH | 5 | 3-4-5x | $5 – $5,000. $10,000 Maximum on Odds | Field pays 2X on 2 and 3X on 12 (Downtown Odds on Proposition Bets). (5-09) |
| RED ROCK STATION | 5 | 3-4-5x | $5, 10 or $25 – $2,000. $5,000 Maximum on Odds | Field pays 2X on 2 and 3X on 12 (Downtown Odds on Proposition Bets). (3-09) |
| ALIANTE STATION | 3 | 10x | $5 – $2,000. $5,000 Maximum on Odds | Field pays 2X on 2 and 3X on 12 (Downtown Odds on Proposition Bets). No Big 6 or8 in corners of the layout. (12-08) |
NEIGHBORHOOD CASINOS
| No. of Tables | Table Odds | Limits | Notes | |
| ARIZONA CHARLIES (WEST) | 1 | 5x | $2 or $5 – $1,000 $2,000 Max. on Odds | Downtown Odds on Props. Field pays 3x on 12. The Checkmates, one of Las Vegas' longstanding duo performers no longer playing. (3-09) |
| ARIZONA CHARLIES (EAST) | 1 | 2x or 10x | $1 or $5 – $1,000 | 2x Odds when betting $1-$4 Flat. 10x Odds at $5 Flat and over. Max on Odds is $1,000.Nice little entertainment lounge. (3-09) |
| CASTAWAYS (Formerly SHOWBOAT) | CLOSED and DEMOLISHED. Property now owned by Station Casinos. | |||
| SAM'S TOWN | 3 | 20x | $5 – $3,000 $5,000 max on Odds | Casino remodeled early 2000. All or Nothing Bet (All numbers before a 7) pays 175for 1. Also has 3 other unique Prop. options. This is the best deal on The BoulderHighway. 12 Pays 3X in Field. Downtown on Prop. Bets. No Vig upfront on Buy Betson the 4 and/or 10 at $20 and over. (3-09) |
| EASTSIDE CANNERY | 2 | 100x | $3 or $5 – $3,000 | Opened on August 28, 2008. $5,000 maximum on Free Odds. FIRE BET. Downtown on PropBets. Field pays 3X on 12. Sports Book set up with heavy emphasis on horse action.(3-09) |
| JOKER'S WILD | 1 | 10x | $1&$2 – $500 $500 max on Odds $500 max payout on Prop bets | Downtown Odds on Proposition Bets, $1 Minimum. Field Bets…2 pays Double, 12 paysTriple. This may still be the place to test your system on a 25 cent table but tableminimum is sometimes at $2. Table opens most mornings at 9 AM. (4-09) |
| SILVERTON | 3 | 10x | $3 or $5 – $1,000 $2,000 max on Odds | Downtown on Proposition Bets. Field Bets: 2 pays 2X, 12 pays 3X. (3-09) |
| M RESORT | 6 | 3,4,& 5X | $5 – $3,000 No maximum on Odds is posted | Downtown on Proposition Bets. Field Bets: 2 pays 2X, 12 pays 3X. (3-09) |
STATELINE (LAS VEGAS AREA) – PRIMM & JEAN
| No. of Tables | Table Odds | Limits | Notes | |
| GOLD STRIKE | 1 | 2x | $2 most Weekdays, $5 weekends and holidays, to $1,000 $5,000 max payout on Propbets | Downtown Odds on Proposition Bets. Field Bets… 2 pays Double, 12 pays Triple. |
| NEVADA LANDING | – | – | – | Closed on March 20, 2007 |
| WHISKEY PETE'S | 2 | 2x | $5 – $500 | Strip Odds on Proposition Bets. Field Bets… 2 pays Double and 12 pays Double. |
| BUFFALO BILL'S | 2 | 2x | $5 – $500 | Strip Odds on Proposition Bets. Field Bets… 2 pays Double and 12 pays Double. |
| PRIMM RESORT AND CASINO | 2 | $5 – $500 | Strip Odds on Proposition Bets. Field Bets… 2 pays Double and 12 pays Double. |
NORTH LAS VEGAS
| No. of Tables | Table Odds | Limits | Notes | |
| THE CANNERY | 2 | 10x | $3 slow periods, $5 weekends & holidays, to $1,000 | Downtown Odds on Proposition Bets. Field pays 2X on 2 and 3X on 12. New long-shotFire Bet layouts on both tables. |
| MAHONEY'S SILVER NUGGET | 1, large | 3-4-5x | $2 to $200 | Downtown on Proposition Bets. Field Bets: 2 pays Double, 12 pays Triple. Weekdaysonly runs 4pm to 2am. Recent upgrade to full table from a single tub. |
| JERRY'S NUGGET | 1 | 2x | $2 – $3,000 | Downtown odds on Proposition Bets. Field bets… 2 and 12 both pay Double. GreatFood at Good Prices. |
| LUCKY's formerly SPEEDWAY | 1 | 5x | $2 – $200 | Downtown odds on Proposition Bets. Field Bets… 2 pays Double, 12 pays Triple. |
Craps Odds Chart And Payout
SUMMERLIN
| No. of Tables | Table Odds | Limits | Notes | |
| RAMPART | 2 | 20x | $5 & $10 – $1,000 | Downtown on Proposition Bets. Field: 2 pays Double and 12 pays Triple. $6,000 Max.on Free Odds. Firebet. (3-09) |
| SUNCOAST | 4 | 5x | $3, $5 or $10 – $2,000 $4,000 max on Odds | Downtown odds on Proposition Bets. Field: 2 pays double, 12 pays triple. (3-09) |
See Full List On Lolcraps.com
HENDERSON
| No. of Tables | Table Odds | Limits | Notes | |
| FIESTA HENDERSON | 2 | 10x | $2 – $1,000 | Downtown on Proposition Bets. Field Bets…2 pays Double and 12 pays Triple. |
| HYATT REGENCY AT LAKE LAS VEGAS | 1 | 2x | $5 – $200 | Strip Odds on Proposition Bets. |
| CASINO MONTE LAGO | 2 | 3-4-5x | $10 – $300 Maximum $5 maximum on Hop bets $100 max on Prop bets | Field pays 2X on 2, and 3X on 12. Downtown Odds on Proposition Bets. |
| HACIENDA (Near Hoover Dam) | 1 | 2x | $1 – $200 | Downtown Odds on Proposition Bets. Field: 2 pays 2X, and 12 pays 3X. Sometimes sectionedinto one dealer table. $1,000 Max. Pay on Prop. Bets. (5-09) |
| EL DORADO | 1 | 10x | $1 – $500 | Downtown Odds on Proposition Bets with 25 Cent Minimum OK. Field: 2 pays 2X, and12 pays 3X. Maximum payout on Props. $500 (4-09) |
| RAILROAD PASS | 1 | 2X | $1 – $200 | Downtown Odds on Proposition Bets. Field: 2 pays 2X, and 12 pays 3X. No Call Bets.(5-09) |
| CLUB FORTUNE | 1 | 3x | $1 – $50 | Downtown Odds on Proposition Bets. Field: 2 pays 2X, and 12 pays 3X. Maximum payouton Props. $500 Hi-Low Bet in Corners. $25 Max. Bet on Hardways. (4-09) |
Home > Casino Game Odds > Craps
Craps is a unique casino game in that it offers over 100 different bets. If you've ever studied the layout of a craps table, then you probably noticed many different areas in which to place your chips. You can make bets on what number you predict will be the next thrown, how that number will be created as a combination of the dice, what number or numbers won't come up next, and so on. With such a variety of bets available and the fact that a pair of dice may yield 36 different numerical combinations, it is easy to see how the odds for the casino game of craps can vary quite a bit. Some bets offer favorable odds - even better than straight blackjack - while others are not so good.
Article Highlights:
Dice Totals | Payout Odds | Bets To Avoid
casino: Casino LaVida Online craps is surprisingly true to the real deal. All the bets are available, and the odds are on point. |
Why do Nevada state casinos take in about 16 dollars for every 100 dollars wagered when the house edge is only around 1%? The truth is that most craps players play on gut feeling. In a game where each roll of the dice is independent from all previous rolls, it truly is sort of a guessing game. But, guessing will only get you so far. You need to know what the payouts are for different bets, and the odds of those bets to occur. To be a skilled player is knowing which bets carry the best odds, and which to avoid altogether.
Dice Totals
| Dice Total | Combinations | Ways Possible | Odds |
| 1:1 | 1 | |
3 | 1:2, 2:1 | 2 in 36 |
| 1:3, 2:2, 3:1 | 3 | |
5 | 1:4, 2:3, 3:2, 4:1 | 4 in 36 |
| 1:5, 2:4, 3:3, 4:2, 5:1 | 5 | |
7 | 1:6, 2:5, 3:4, 4:3, 5:2, 6:1 | 6 in 36 |
| 2:6, 3:5, 4:4, 5:3, 6:2 | 5 | |
9 | 3:6, 4:5, 5:4, 6:3 | 4 in 36 |
| 4:6, 5:5, 6:4 | 3 | |
11 | 5:6, 6:5 | 2 in 36 |
| 6:6 | 1 |
The chart above shows that seven (7) is the most likely outcome with a 6 in 36 probability, while snake eyes (a pair of ones) and twelve (12) are the least likely with 1 in 36 probabilities. The house advantage is built into each number bet by the payout odds.
Payout Odds
The chart to the right shows some of the common bets in craps, what each bet's payout is for winning, and the edge the house has on each particular wager. The best bets on the table are the pass line point bets (with odds). These bets can be placed in addition to your come or pass line bets, and offer true odds for payouts, meaning the house has no advantage over the player. Single odds means you may make an additional wager equal to your original bet. Double bonus video poker. Double odds means up to two times your bet and so on up to 100 times odds, offered, possibly, at only the famous Binion's Horseshoe Casino in Las Vegas.
Other bets that yield relatively good odds for craps players include the Pass Line and Don't Pass Line bets, where the house has only a 1.4% edge and less if you're playing with single or double odds. The Place Bet of 6 or 8 is also worthy of your chips because it only carries a 1.52% advantage for the casino. The payout on this bet is only 7 to 6, so you won't win a lot very quickly. It's recommended to stick with the Pass Line and Come bets with odds.
Bets To Avoid
The payout odds chart also shows that many craps bets hold a steep edge for the house, and should not be played unless one's goal is to lose money. The most likely outcome of the dice is 7, so you might logically deduce that this is a safe bet to make, right? Well, it's actually the worst on the table, carrying a 16.67% house edge. Why is this? Consider the number of ways to make a seven: 1+6, 2+5, 3+4, 4+3, 5+2, and 6+1. That makes six ways that the dice can combine to total seven, giving you a 6 out of 36 (or reduced to 1 in 6) probability of a 7 on the next roll. However, the casino knows this, so the payout odds have been shifted to 5 to 1, thus creating the 16.67% house advantage.
Other bets to avoid include any craps (2, 3, or 12), any 2 or 12, and any 3 or 11 which, at 30 to 1 payout odds might seem like it would be okay, but it isn't. Even those high payout odds fail to compensate for the actual likelihood of its occurrence. Another bet that some casinos have actually removed from tables, due to its poor odds for the player, is the Big 6 and Big 8 bets. On the table, the area for this bet is large, and can be tempting for the inexperienced player to toss a couple chips into during the heat of the moment. Beware of the Big 6 and Big 8! They are identical to Place Bets of 6 and 8, meaning you're betting that a 6 or 8 will come up before a 7. But unlike Place Bets, they only pay out at 1 to 1. So, instead of the house having a mere 1.52% edge, it jumps to over 9%. Most Atlantic City casinos have done craps players a small favor in removing the Big 6/8 betting areas from table layouts. Next time you play craps, be sure to stick with the bets that have the best odds.
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