List of Craps Bets
The odds on the Odds are exactly fair, which zero house edge. The main reason it is less is the odds multiple is relative to your bet taking odds, and the win when laying odds. Yet, everyone who has rolled dice more than once realizes that the way you hold the dice, the flick of your wrist and the arc of a toss or fall can all change the way the dice may land. The boxes that say 4, 5, Six, 8, Nine, and 10 are for "Place" or "Buy" bets that, before the next 7, the chosen number will be rolled. ON Place to lose bets:
Additional Craps Related Math Exercises
So vital point, learn to spot streaks both on your own table and as well on other craps tables. To learn more about how to spot stretches and what is the spotting stretches craps strategy, we recommend you to watch this video:. When you tip the dealers, you make them happy and the game more fun. When tipping the dealers you can sometimes place higher odds than the table would normally allow. When doing this it would mean that the house has a lower edge. It is very important that when you decide you want to gamble you know exactly how to manage your funds.
It would definitely not be a smart move to go into a Casino to play a game of craps with a sum of money only to gamble until it is all gone. Below we have prepared a few tips for you to surely avoid borrowing cash for the transportation back home from the casino. If at any point of the game you find yourself winning, grab the amount that you would have started with together with a bit of profit aside and continue to play with the rest of the profits. By doing this you know that at worst by the end of the night you will surely break even.
It is never wise to head home after a night at the casino with none of the money you walked in with. Main reasons for this would be your mental state after losing everything, a lot of players just cannot handle this.
The second reason would be that when losing everything, you just have not gambled smartly. Always head into the casino with one rule in mind and that is by saying, I have to head home tonight with at least half of what I am taking in. There are players who set their betting range according to how much money they take with them to the casino. What they do is divide their total bankroll by 50 and this gives them good guidance on how much they should place on each bet.
By doing this you will be able to play for longer giving you a bigger winning chance. If you know that you will be visiting the craps table three times a day for two days, make sure you set a budget for each visit.
Never use money you would have planned for another session or visit especially if the reason is because you are losing. For a detailed summary of all regulated casinos that offer craps online please visit bettingexpert. A A Hand — whether the puck is on or off there are bets and rolls being made right up until a 7 is thrown or a point has been made.
A Hot Table — this would be a table where the shooters are making Points while avoiding the number seven. Aces — when two dice are rolled and both land on the number 1. At Risk — when a bet is active. B Betting Right — when you bet with the roller. Boxcars — when two dices are rolled and both land on the number 6.
C C and E — Craps and Eleven in short. Change Only — A phrase you will often hear when you are buying chips. You have to make it clear that the money placed down is not a direct bet, but a request for chips. Come Bets — when a bet is based on the next number to come out.
This bet would either pay directly, or it will get moved to one of the point numbers, very similar to a come out roll. D Dark Side — this is an alternate way of describing Betting wrong. F Free Odds — an alternate way of saying True Odds. H Hedge Bet — when you place a bet against one or more of your other bets so that you will reduce your potential losses. Hi Lo Yo — just like the Hi Lo but with 11 added. L Layout — the printing on the table where you place your bets the printed boxes.
Little Joe — when two dices are rolled and both land on the number 2. Nina Ross — when the total of two dice is 9. O Odds Bet — a bet that will give you true odds and increase your existing bet. In some instances this is flipped over to show if certain bets are turned off or on. P Parlay — when you increase the bet by letting it ride after a win.
Pass — passing the roll over to the next shooter in line when you decide not to roll the dice. Prop Bets — when you bet on the centre layout. R Rail — the place where you keep your chips. S Seven Out — when you roll a seven and end the hand for the roller.
After this play, the dice gets passed on to a new shooter. T The Apron — that area outside of the layout. The Big Red — an alternate way of calling a seven. This is popular because calling seven is considered a jinx. The Yo-leven — this is the way the number eleven is pronounced so that it is not confused with the number seven. True Odds — here there is no house edge, it refers to the odds of a bet being as accurate to the likelihood of the event. V Vig — an alternate name for the commission or rake of the house.
W When you Regress — when you reduce the bet. Welcome to Craps Geeks From roll to win in one site for experts! The Basics of Craps. How To Play Craps. Read more about bet types, win rates and payouts in the Craps Bet Types section below and also the Craps Glossary at the bottom of this page To learn even more on how to play craps at online casinos check this article on craps for beginners.
Online Craps vs Offline. You choose which craps to play For many online fanatics there are many aspects they are in favour of when playing in online Craps casinos and there is much more reason they love this apart from the fact of never having to leave their home.
Win Lose Roll a 7 or 11 on the first roll, -or- Roll a 4, 5, 6, 8, 9, or 10, and roll it again before a 7 comes up Roll a 2, 3, or 12 on the first roll, -or- Roll a 4, 5, 6, 8, 9, or 10 and then a 7 before you roll the original number again. Marker is moved onto the 4. You place your Odds bet below your Pass Line bet. You win both bets if a 4 is rolled again before a 7.
You also place a Come Bet. Example If you roll a 6 you set a Point and a Come Bet is made. If you roll a 10 you set a Come Point and another Come Bet is made. If you roll a 4 you set the second Come Point and another Come Bet is made. If you roll a 9 you set the third Come Point and another Come Bet is made. If you roll a 5 you set the fourth Come Point and another Come Bet is made. If you roll a 4 you place another Come Bet and win on the second Come Point.
If you roll an 8 you will set another Come Point. If you roll a 7 you lose everything, all bets on the table! For the other areas, the dealer must place the best for you.
Never touch the dealer. While the dice are still in the middle of the table make sure you get your bet in early. Late bets can give the impression as though you are past posting. According to your position at the table, dealers usually have systems for paying winnings, just be calm and wait for your turn to be paid.
Just as the dealer would be about to pay you, now is the time to tell him if you would want to press your bet. This would save him having to count out your chips twice. The House Edge according to the Odds offered The norm in a game of Craps is to have minimum single odds, but once at the table casinos can then decide whether they want to offer more odds or not. No odds pass line only 1. Everything else 6 No effect 3 No effect 10 No effect 4 You win both bets!
Marker is moved onto the 8. You win both bets if an 8 is rolled again before a 7. Point bet on Odds Bet payout Example 4 or 10 2: Tips and Key Tactics. Be careful of the following: Players of Craps tend to think that by doing this it would be more probable that a 7 will be thrown. Especially if you are a man, do not tell anyone at the table that you are new to the game.
It is understood that new male players at a craps table are unlucky and tend to seven-out quickly. If on the other hand you are female, you should make it a point to say that you are new to the game. Rather it is a game of ebbs and flows, and rhythms and repetitions. Craps Strategy Guide A lot of players base their approach around knowing which bets to lay and which bets to do without.
Watch this video to get the free odds craps strategy explained: Learn more about how to use the Controlled Shooting craps strategy in this video: To learn more about how to spot stretches and what is the spotting stretches craps strategy, we recommend you to watch this video: Bonus spins are activated after wagering a min.
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If you want to learn even more about Craps, we can recommend one of these forums: Craps Glossary of Terms. Below are some of the most useful craps terms and definitions to help you master the game. A Hand — whether the puck is on or off there are bets and rolls being made right up until a 7 is thrown or a point has been made. Betting Right — when you bet with the roller.
Betting Wrong — when you bet against the roller. Bones — an alternate name for the dice. C and E — Craps and Eleven in short. Dark Side — this is an alternate way of describing Betting wrong. Free Odds — an alternate way of saying True Odds.
Hedge Bet — when you place a bet against one or more of your other bets so that you will reduce your potential losses. Hi Lo — when you bet on 2 and Layout — the printing on the table where you place your bets the printed boxes. We also have to mention that we found some good strategy articles at www. These are horrible odds for any gambler. Even though the payouts are high I would avoid these hit-and-miss bets. Punters who bet on individual numbers is the big money maker for casinos.
The odds can be even worse for Hard numbers like Hard Eight where the real odds of Snake Eyes 1 and 1 is one of the most popular proposition bets but it is also costly.
When playing craps at casinos, get comfortable with the pass, come, and free odds wagers. In the beginning, stay with the pass line and a come wager or two with odds. The house edge is good for pass 1. By laying odds, these numbers will be reduced, too. This game is full of energy a nd excitement.
Just be sure to be familiar with the above wagers before you start playing this popular game. If you are the shooter at a craps table, your must make sure that you throw the dice far enough to bounce off of the far or side wall. This is a requirement when shooting craps. By bouncing off of the wall casinos can be sure that the winning numbers are random. There is a common tendency for gamblers to make predictions. The thing that you should be doing is trying to plan out your bets based upon your previous bets.
Let me give you a couple of examples:. The expected value of this random variable is called your mathematical expectation [ expectation for short ]. We could use two random variables Amount Won and Amount Lost to track our gambling results, but instead we will simplify many calculations and avoid the need for an Amount Lost variable by adopting the convention that negative winnings represent losses.
Casino games are usually biased in favor of the house; each of the other players has a negative expectation. As long as there is no cheating by the house or by the other players, the house will be in a good position to make big profits; and, the player will lose in the long run.
In any gambling game where you place a bet, there is a simple rule relating odds to bias. The rule says that the amount you stand to win should be at least as large as the product of the amount you bet and the odds against winning. So you know the probability of winning then you can see where you stand by multiplying the size of your bet by the odds against you and then seeing how that compares to the potential winnings.
The bet having the lower house edge is a better value for the player. Since expectation is almost always negative, and since a negative win is really a loss, the house edge is answering this question: In the long run, what percentage of your bet should you expect to lose? The house edge measures the average amount lost for each dollar bet. In casino games, dice are usually white; but it is easier to see what is going on if we imagine that one die is painted red and the other green.
Each die comes to rest on one of its six faces. The number opposite this face is added to the corresponding number on the other die to determine the number rolled.
The following table shows a systematic listing of the 36 possible outcomes [ some lines are omitted for brevity ]. Saying that the dice are balanced means that we assume each of these 36 elementary outcomes is equally likely to occur. To find out how many outcomes result in a 4, we could make a complete list as outlined above and then count the lines where the sum equals 4. There are 3 such lines:. Since there are 3 lines where the outcome is 4, the number of outcomes favoring 4 is 3.
Find the probability of rolling any particular number with a pair of balanced dice. Using the method employed in earlier example, we could easily find the results summarized in the following table:. Most of the craps calculations you need are simple enough that they can be done mentally if you know the right tricks. In craps games we sometimes need to know how many ways a particular number can be rolled with the dice.
In example 8 the first two columns of the table show us that there are 6 ways to roll a 7, 3 ways to roll a 10, etc. Using these observations, we see that we can mentally compute W x as follows:. Otherwise, goto step 2. Computing W at this number will give us the same value as W x. Here is an example of using the process. How many ways can you roll a 9? In March of I received an email from Mr.
Dan Lubin, a dice dealer who uses this simpler way to compute W x:. Suppose you make a pass line bet and the craps shooter establishes a point of 9. You will then probably want to make a free odds bet.
This makes sense intuitively because if we count up all the outcomes favoring A and then add to that all the outcomes favoring B, we will have counted the outcomes favoring both A and B twice. Then dividing each item by the total number of outcomes possible gives us the probabilities shown in the sum rule.
Let S be the event of rolling a 7. Let N be the event of rolling a 9. We want to find P S or N. Each roll yields just one outcome. Given n events A 1 , A 2 , …, A n that are pairwise mutually exclusive, we have this rule: What is the probability that the come out role in a craps game will result in a point being established by the shooter? Let C4 be the event that the come out is a 4 Let C5 be the event that the come out is a 5 Let C6 be the event that the come out is a 6 Let C8 be the event that the come out is a 8 Let C9 be the event that the come out is a 9 Let C10 be the event that the come out is a Two events can be either independent or dependent.
Being independent means that the occurrence or non-occurrence of one event does not change the probability of occurrence of the other event. Mutually exclusive events are never independent; they are always dependent.
For example, when you roll a pair of dice once, one outcome is to get a 7 and another is to get a 9. Each of these events does depend on the other.
If, for example, we know that you rolled a 7, then we know that you did not roll a 9. For another example, suppose you flip a coin twice. The outcome heads or tails on the second flip is independent of the outcome on the first flip. In particular, getting heads on the 1st flip and getting tails on the 2nd flip are independent but not mutually exclusive events.
Two events are independent if and only if the probability that they both occur equals the product of their probabilities. If we know that two events are independent then we can find the probability that they both occur by multiplying their probabilities.
So getting a 7 on the 1st roll should have no effect on the probability of what we get on the 2nd roll. Getting 7 on the first roll and getting 7 on the second roll are independent events. For example, suppose that we again consider the probability of drawing an ace from a deck of cards. Suppose we happened to notice that the card at the bottom of the deck is the four of spades, and we know we will not choose this card. The new information has slightly reduced the odds against drawing an ace.
There is a formula that is sometimes useful for computing conditional probability. In symbols it looks like this: Suppose we roll a pair of dice repeatedly until we get either 7 or 9.
What is the probability that the 9 will appear before the 7? Earlier we said that two events are independent if the occurrence or non-occurrence of one does not effect the probability of the other. Using conditional probability we can restate this more precisely. If the probability of event A is not changed by knowing that event B has already occurred or will occur then A is independent of B. If A and B are events with non-zero probabilities then the following 5 statements are equivalent:.
The following table shows the odds against winning a pass line bet when the shooter has established a point. If you are going to play craps then you should memorize the odds stated in the above table. But if you should happen to forget those values then the following process can be used to reconstruct them.
After a little practice you could easily do the key steps of these 3 cases in your head. When the point is 4, the probability for the shooter to win a pass line bet is the probability to roll a 4 before a 7. Case 2 — The point is 5 or 9. Case 3 — The point is 6 or 8. What is the probability for the shooter to win a pass line bet in a craps game? The shooter must either roll a natural or roll a point and then make that point. Since the events A1 and A2 occur on different rolls of the dice, they are obviously independent events; and so,.
The following image shows a tree that can help us calculate the probability of winning a pass line bet in craps. For each branch that leads to a desired outcome W in this case , you simply multiply the probabilities attached to the segments of that branch, and then add all the products obtained as shown in the big green box at the bottom of the tree.
What would the payoff odds have to be for a pass line bet in order for the bet to be totally fair with no house edge?