Craps - Bet odds
Bet odds
Note: Individual casinos may pay some of these bets at different odds than those listed below. The payoff odds listed are the most common throughout North American casinos.
Note: Actual odds do not vary (and are yet to be added to the table).
Bet |
Odds Paid |
House Edge |
Pass / Come |
1:1 |
1.41% |
Don’t Pass / Don’t Come |
1:1 |
1.36% |
Pass Odds / Come Odds |
2:1 on 4 or 10 3:2 on 5 or 9 6:5 on 6 or 8 |
0% |
Don’t Pass Odds / Don’t Come Odds |
1:2 against 4 or 10 2:3 against 5 or 9 5:6 against 6 or 8 |
0% |
Yo (11) |
15:1 |
11.11% |
3 |
15:1 |
11.11% |
2 |
30:1 |
13.89% |
12 |
30:1 |
13.89% |
Hi-Lo |
15:1 |
11.11% |
Craps |
7:1 |
11.11% |
C & E |
3:1 on craps 7:1 on 11 |
11.11% |
Any 7 |
4:1 |
16.67% |
Field |
1:1 on 3,4,9,10 or 11 2:1 on 2 or 12 |
5.56% |
The Horn |
27:4 on 2 or 12 3:1 on 3 or 11 |
12.5% |
Whirl/World |
26:5 on 2 or 12 11:5 on 3 or 11 0:1 (push) on 7 |
13.33% |
Hard way 4 / Hard way 10 |
7:1 |
11.11% |
Hard way 6 / Hard way 8 |
9:1 |
9.09% |
Big 6 |
1:1 |
9.09% |
Big 8 |
1:1 |
9.09% |
Place 4 / Place 10 |
9:5 |
6.67% |
Place 5 / Place 9 |
7:5 |
4% |
Place 6 / Place 8 |
7:6 |
1.52% |
Buy 4 / Buy 10 |
2:1 + 5% commission |
5% |
Buy 5 / Buy 9 |
3:2 + 5% commission |
5% |
Buy 6 / Buy 8 |
6:5 + 5% commission |
5% |
Lay 4 / Lay 10 |
1:2 + 5% commission |
5% |
Lay 5 / Lay 9 |
2:3 + 5% commission |
5% |
Lay 6 / Lay 8 |
5:6 + 5% commission |
5% |
The expected value of all bets is negative, such that the average player will always lose money. This is because the house always sets the paid odds to below the actual odds. All bets have a negative expectation except for the "odds" bet that the player is allowed to make after a point is established on a pass/come don't pass/don't come bet (the odds portion of the bet has a long-term expected value of 0). However, the "free odds" bet cannot be made independently, so the expected value of the entire bet, including odds, is still negative. Since there is no correlation between die rolls, there is no possible long-term winning strategy in craps.
Maximizing the size of your odds bet in relation to your line bet will reduce, but never eliminate the house edge, and will increase variance. Many casinos have a limit on how large the odds bet can be in relation to the flat bet, with single, double, and five times odds common. Some casinos offer 3-4-5 odds, referring to the maximum multiple of the line bet a player can place in odds for the points of 4 and 10, 5 and 9, and 6 and 8, respectively. During promotional periods, a casino may even offer 100x odds bets, which renders the house edge to almost nothing, but dramatically increases variance, as the player will be betting in large betting units.
From Wikipedia's
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