Craps is a popular dice game typically played in a casino setting. The game is played on a large table with several betting options available to players. The house, or casino, has an advantage in craps due to the game's use of a built-in advantage, also known as the “house edge.”
The house edge in craps is the percentage of each bet that the casino can expect to keep over the long run. This is calculated by taking the total amount of money wagered and subtracting the total amount of money paid out to winning players. The remaining amount is the house's profit, or edge.
Lowest House Edge Bets
One of the bets with the lowest house edge in craps is the “pass line” bet, which has a house edge of just 1.41%. This bet is made on the come-out roll and wins if the shooter rolls a 7 or 11, and loses if the shooter rolls a 2, 3, or 12.
Another low-edge bet is the “don't pass” bet, which has a house edge of 1.36%. This bet is the opposite of the pass line bet and wins if the shooter rolls a 2 or 3, and loses if the shooter rolls a 7 or 11.
Other bets in craps, such as the “any craps” bet and the “hardway” bets, have a much higher house edge. For example, the “any craps” bet has a house edge of 11.11% and the “hardway” bets have a house edge of 9.09%.
It is important to note that the house edge can vary depending on the specific rules and payout odds of the casino you are playing in. Some casinos may offer lower or higher payouts on certain bets, which can affect the overall house edge.
Craps is a game of chance with a built-in advantage for the casino. However, by sticking to the bets with the lowest house edge, players can reduce their overall losses and increase their chances of winning.
House Odds in Craps
- Pass Line/Come Bet 1.41%
- Don’t Pass/Come 1.40%
- Pass Line/Come Bet 2X odds .85%
- Don’t Pass/Come 2X odds .83%
- Place 6 and 8 1.52%
- Place 5 and 9 4.00%
- Place 4 and 10 6.67%
- Buy 6 or 8 4.76%
- Buy 5 or 9 4.76%
- Buy 4 or 10 4.76%
- Lay 6 or 8 4.00%
- Lay 5 or 9 3.23%
- Lay 4 or 10 2.44%
- Field Bet 5.56%
- Any Craps 11.11%
- Hardway 6 or 8 9.09%
- Hardway 4 or 10 11.10%
- Yo or 3 11.10%
- 2 or 12 13.90%
- Any 7 16.70%
As you can see, the house edge goes from very little, at less than one percent, to more than 16 percent. This is a huge jump so you will want to consider this when you bet. If you want a better chance of winning you will want to stick with the lower percentile bets. If you want a chance to win more money and aren’t willing to risk your bankroll, you can choose those with a higher percentage.
Pass Line House Odds In Craps
For instance, a pass line bet is a less risky option than an any seven bet. What your intentions are for the game will largely guide which bets you pick and choose. When the dice are hot you may feel as though you can put more money on the line. When the dice are cold, you may want to hold back a bit, although you need to remember that every roll of the dice is complexly random so you cannot guarantee that just because the previous rolls have been favorable that any of the future rolls will be.
You don’t have to memorize the house odds for craps. You should just have a general idea of what the odds are for any one bet. You’ll find that when you play you sort of just know what the odds are based on how many times you have seen a specific number or combination of numbers come up. The less likely, the more risky the best is. Just keep that in mind and you will be doing well in keeping the risk in line what your bankroll. If you are unsure, you can always refer back to the above table. You may want to refer to the table more often if you are new to the game or unsure of what the more favorable bets are.