Craps House Edge and Odds: How to Calculate Your Chances of Winning
Craps has been a favorite for generations. In this dice game, bets are placed on the outcomes of one or a series of rolls. While craps is straightforward to learn, mastering it requires some skill, especially for players in the Philippines looking to improve their game.
On this site, we'll delve into the ultimate craps odds chart and guide you on how to find the best odds in craps for winning. We'll also explain the house edge, a crucial concept in any casino game, and analyze the craps payout table to help Filipino players make informed decisions.
Understanding Craps Payout Odds for Filipino Players
To truly enjoy craps and boost your winning potential, it's essential to grasp the basic rules and develop a craps betting strategy that aligns with your playing style and risk tolerance. Craps odds and house edges differ across various bets. Remember that some bets offer higher payouts but come with a lower probability of winning. Let's explore the different bets and their payouts in craps:
Core Craps Bets Explained
Players can make several fundamental bets in craps, including Pass Line, Don't Pass, Come, and Don't Come bets. These bets typically have a low house edge, making them a popular choice for both newcomers and seasoned players in the Philippines.
- Pass Line and Come bets: These are common craps bets where you wager on the shooter rolling a 7 or 11. You win if the shooter succeeds and lose if a 2, 3, or 12 appears. The odds of winning are 1:1, and the payout is also 1:1.
- Don't Pass and Don't Come bets: These bets are the inverse of Pass Line and Come bets, where you bet against the shooter rolling a 7 or 11. You win if the shooter rolls a 2 or 3 and lose if a 7 or 11 is rolled. The odds and payout for these bets are also 1:1.
The Strategic Odds Bet
Odds bets can be placed in conjunction with Pass Line, Don't Pass, Come, and Don't Come bets. These bets are attractive because they carry no house edge, offering players a chance to significantly boost their potential winnings. The payout for odds bets is determined by the point number established:
- Point of 4 or 10: Pays 2:1
- Point of 5 or 9: Pays 3:2
- Point of 6 or 8: Pays 6:5
Place Bets
Place bets allow players to bet on a specific number being rolled before a 7. The payouts for place bets vary based on the number chosen:
- 4 or 10: 9:5 payout
- 5 or 9: 7:5 payout
- 6 or 8: 7:6 payout
Field, Big 6 or Big 8 Bet, and Any 7 Bets
Field bets, Big 6/8 bets, and Any 7 bets are additional betting options in craps with varying odds and payouts.
- Field bets: Players win if the next roll is a 2, 3, 4, 9, 10, 11, or 12. The payout is 1:1 for most numbers, with a 2:1 payout for 2 and 12.
- Big 6/8 bets: Players win if the shooter rolls a 6 or 8 before a 7. The payout is 1:1.
- Any 7 bets: Players win if the next roll is a 7. The payout is 4:1.
Craps House Edge for Filipino Players
Each game features a house edge that must be considered for calculating the odds in craps. In the long term, online casino site is counting on keeping the house edge, which is a certain proportion of each bet.
If the house edge in a game is 1%, for instance, the casino can anticipate winning back, on average, 1% of every bet.
The house edge in craps varies with each bet type. Here's a breakdown of the house edge and payouts for some of the most popular craps bets:
| Bet Type | Payout | House Edge (%) |
|---|---|---|
| Pass Line Bet | 1:1 (even money) | 1.41 |
| Don't Pass Bet | 1:1 (even money) | 1.36 |
| Come Bet | 1:1 (even money) | 1.41 |
| Don't Come Bet | 1:1 (even money) | 1.36 |
| Odds Bet on 4/10 | 2:1 | 0 (No house edge) |
| Odds Bet on 5/9 | 3:2 | 0 (No house edge) |
| Odds Bet on 6/8 | 6:5 | 0 (No house edge) |
| Place Bet on 4/10 | 9:5 | 6.67 |
| Place Bet on 5/9 | 7:5 | 4.00 |
| Place Bet on 6/8 | 7:6 | 1.52 |
| Field Bet on 3,4,9,10,11 | 1:1 | 5.56 |
| Field Bet on 2,12 | 2:1 | 5.56 |
| Big 6 or Big 8 | 1:1 (even money) | 9.09 |
| Any 7 Bet | 4:1 | 16.67 |
Clearly, the house edge is smaller on some bets than others. The Pass Line, Don't Pass, Come Bet, and Don't Come odds all have a lower house edge compared to other possible bets.
The Any 7 Bet, the Big 6 or Big 8 Bet, and the Place Bet on 4 or 10 have the highest house edge in the craps odds chart.
How to Calculate Payouts in Online Craps for Filipino Players
Craps payouts are determined by a player's understanding of both the house edge and the craps odds of winning for the bet they are placing. Here's a closer look:
Players bet ₱500 on the Pass Line, and the dice roll a 7. Since the chances of winning a Pass Line Bet on the come-out roll are 251/495, or 50.7%, players win ₱500 - even money.
Let's assume players are willing to risk ₱500 on the point of 6 with chances of -110. If players place a ₱250 Odds Bet on the point of 6, they will receive a ₱300 payout. The return on a ₱500 bet is ₱600.
The method used to determine winnings for other bets is similar. For any bet Filipino players place, they must consider not only the best craps odds of winning but also their potential return.
Conclusion: Smart Craps Betting for the Philippines
One of the most important aspects to play craps online successfully is becoming familiar with the craps odds. Players can improve their craps odds of winning by placing bets with a higher expected payout if they know the odds of winning and the payoff odds for each stake.
The best bets for players in the Philippines are the ones with the lowest house edge (the Pass Line Bet, the Don't Pass Bet, the Come Bet, and the Don't Come Bet). Any 7 Bets, Big 6 and Big 8 Bets, and Place Bets on 4 and 10 carry the largest house edges and should generally be avoided.
By learning the best odds for craps, players can reduce risk and increase their chances of winning.
FAQ
What is the Pass Line Bet in Craps, and what are its odds of winning for players in the Philippines?
In craps, the Pass Line Bet is widely considered the most fundamental and common wager. It wins if the shooter rolls a 7 or 11 on the initial "come-out" throw. It also wins if a "point" number (4, 5, 6, 8, 9, or 10) is established on the come-out roll and then rolled again before a 7 appears. This bet offers favorable odds of 251/495, which is approximately 50.7%, making it a popular choice for many Filipino craps enthusiasts.
What is the house edge in craps, and why is it important for players to understand?
The "house edge" in craps represents the casino's built-in advantage, indicating the percentage of each bet that the casino expects to retain over the long term. Understanding the house edge is crucial for players, as it enables them to make more informed betting decisions. By choosing bets with a smaller house edge, players can improve their chances of a more favorable outcome over extended play, which is a key strategy for smart gambling.
What is an Odds Bet in craps, and how does it affect the house edge for Filipino players?
An Odds Bet is a unique wager in craps that can be placed in addition to your initial Pass Line, Don't Pass, Come Bet, or Don't Come Bets. What makes it stand out is that it has no house edge, meaning the payout is exactly in line with the true mathematical chances of winning. For players in the Philippines looking to optimize their game, making an Odds Bet is highly recommended as it effectively reduces the overall house edge on your primary Pass Line and Come Bets, improving your long-term prospects.
What is the Any 7 Bet in craps, and why is it considered a risky bet?
The Any 7 Bet in craps is a proposition bet where players wager that the very next roll of the dice will be a 7. While it offers a tempting payoff of 4 to 1, it is widely considered a high-risk bet due to its significantly high house edge of 16.67%. Given the low probability of this outcome and the substantial advantage it gives the casino, placing money on the Any 7 Bet should be approached with extreme caution, as it can quickly deplete a player's bankroll.
What is the difference between a Place Bet and a Come Bet in craps?
In craps, both Place Bets and Come Bets involve wagering on specific numbers (4, 5, 6, 8, 9, or 10) to be rolled before a 7. The key difference lies in when they are placed and how they are established. A Place Bet can be made at any time after a point has been established, directly on the desired number. A Come Bet, however, functions much like a Pass Line Bet but is placed after the initial "come-out" roll. If the shooter then rolls a 7 or 11, or if they roll the established point number before a 7, the Come Bet wins. Come Bets offer the same favorable odds as Pass Line Bets, making them a strategic option for players.
