Craps is a great online casino game to play where you can win or lose money on every single roll of the dice. The bets in craps have different edges for the house and some are good bets while others are not. Let’s look at the odds.
PASS LINE – The payoff is even money on the pass line which means the house edge is only 1.414%.
DON'T PASS - The payoff is even money with the don’t pass bet and it has almost the exact same percentage as the pass line at 1.402%.
COME BETS & DON'T COME BETS – These wagers have the same two percentages that the pass line and don’t pass line bets have at 1.414% and 1.402%.
PLACE BETS - The 4 and 10 pay 9-5 which means the house edge is 6.66% edge. The 5 and 9 pay 7-5 which means the house edge is 4%. The 6 and 8 pay 7-6 so the house edge is 1.51%.
SEVEN - This bet gives odds of 4 to 1 but the true odds are 5-1 which means the house edge is 16.66% edge. You don’t want to be making this bet.
ELEVEN - This is another one-roll bet that has huge house odds of 16.66%
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BUY BETS – The player pays 5% "vigorish" to get true odds on all numbers. It sounds great but it is not a good bet.
HARD WAY BETS – These involve the 4, 6, 8 and 10. The house edge on the 6 or 8 is 9.09%. It is 11.11% on the 4 or 10.
THE FIELD – This bet pays even money or 2 to 1 on 2 or 12. The edge for the house is 5.55%.
ANY CRAPS - This is a one-roll bet. If a 2, 3 or 12 hits, you get 7 to 1 odds making for a house edge of 11.11%.
BIG 6 & 8 – The Player bets in the boxes marked and the odds are even money. The true odds are 6-5 so that means the house has a 9.09% edge.
HORN BET - This is the group of four numbers 2, 3, 12 and 11. It is a one-roll bet and is done as one single bet, and gives the player a bet on each of the four numbers. The house edge is a big 16.66%.
ODDS - When a point is made a player can take odds. He receives 2 to 1 on 4 and 10, 3 to 2 on 5 and 9, and 6 to 5 on 6 and 8. If the player bets against the point he lays the same odds. Always take odds when you are playing online craps.
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