The Best Craps Bets in Online Casinos
While gambling may seem purely based on luck, understanding dice games like Craps reveals how strategic decisions about house edges can impact your odds of winning.
- Main Craps Bets: An introduction
- An overview of the various betting options in Craps, detailing the odds and payouts associated with each.
- An in-depth discussion about how the house edge varies for each type of bet in Craps.
- Evaluating the potential risks and rewards among the different betting options in Craps.
- Final Thoughts
Main Craps Bets: An introduction
Craps is a popular betting game involving dice rolls on which players place bets, with each kind of bet having its own set of rules.
Thanks to technological advancements, many players can now enjoy their favorite gambling activities online craps casino titles on top online casinos from the comfort and convenience of their own homes.
Pass Line Wagers
In Craps, winning or losing may depend on rolling a 7 or 11 to win or a 2, 3, or 12 to lose.
For other outcomes, to win, you must roll the designated point number before a 7 appears.
Don’t Pass Line Wagers
Rolling a 2 or 3 might result in a win, 7 or 11 in a loss, or 12 being a draw in certain bet scenarios.
If the come-out roll is anything else, a point is set, and you must roll the point number again before a 7 to win.
Come Wagers and Don’t Come Wagers
Similarly, 'Come' and 'Don’t Come' bets operate under the same principles as 'Pass Line' and 'Don’t Pass Line' bets.
Odds Wagers
Odds bets can involve each of the four main bet types mentioned here.
You can place a bet after a point is confirmed and you'll win if the same point is rolled again before rolling a 7.
Place Wagers
This involves betting on point values such as 4, 5, 6, 8, 9, or 10, winning if a point appears again prior to a 7.
In contrast, a 'Place lose wager' is successful if a 7 is rolled before any other number.
Hardway Wagers
Winning involves rolling identical doubles like 2-2, 3-3, 4-4, or 5-5 before a 7 appears.
Big 6 or Big 8
The 'Big 6' is won when you roll a 6 before a 7 shows up, similar to winning a 'Big 8' with an 8 rolled first.
An overview of the various betting options in Craps, detailing the odds and payouts associated with each.
The game odds are calculated based on the ratio of potential winning outcomes compared to losses, influencing payout variations.
For 'Pass Line' bets, the likelihood of success is 251:244 with a 1:1 payout ratio.
The 'Don’t Pass' bet features true odds of 976:949 and offers a 1:1 payout, ensuring even returns.
'Pass odds' and 'come odds' often have varied payout ratios.
The odds paid for points are as follows:
- 4 or 10 – 2:1
- 5 or 9 – 3:2
- 6 or 8 – 6:5
Winning odds for points:
- 4 or 10 – 1:2
- 5 or 9 – 2:3
- 6 or 8 – 5:6
In 'Place' bets, each point number offers specific payout odds:
- 4 or 10 – 9:5
- 5 or 9 – 7:5
- 6 or 8 – 7:6
Winning odds for points:
- 4 or 10 – 2:1
- 5 or 9 – 3:2
- 6 or 8 – 6:5
In 'Hardway' bets, the realistic odds of rolling a 4 or 10 are 8:1, yet the payout ratio provided is 7:1.
The true chance for a 6 or 8 in 'Hardway' bets stands at 10:1, with payouts making it 9:1.
'Big 6' and 'Big 8' bets payout at standard rates, equaling bets placed in amount and potential return.
Additionally, true odds for 'Big 6' and 'Big 8' are calculated at 6:5.
An in-depth discussion about how the house edge varies for each type of bet in Craps.
The term 'house edge' describes the casino's built-in advantage, which varies by bet type over time.
Having a low house edge improves the player's opportunity to earn more winnings.
'Pass Line' bets have a standard house edge at 1.41%, while 'Don’t Pass Line' is slightly better at 1.36%.
Odds bets made after 'Pass' and 'Don’t Pass' bets are unique, as they offer a 0% house edge, aligning true and payout odds.
Alternative bets in Craps generally present a higher house edge.
For 'Hardway' bets, the house takes more on 4 or 10, with edges around 11.11%, and 9.09% on 6 or 8.
'Big 6' or 'Big 8' bets also carry a house edge of 9.09%, akin to 'Hardway' choices for 6 or 8.
In 'Place' betting, higher house edges exist for bets on 4 or 10 at 6.67% and on 5 or 9 at 4%.
The 'Place' wagers on 6 or 8 possess a minimal 1.52% house edge, slightly exceeding 'Pass' or 'Don’t Pass' bets.
Evaluating the potential risks and rewards among the different betting options in Craps.
Key elements like bet success chance, RTP, and house edge are essential to understand.
These variables inform the trade-off between risk and reward in each betting situation.
Typically, higher payout rates at casinos can mean better returns for gamblers.
However, such bets might carry higher risks, as increased odds mean bigger potential wins.
While the potential for big wins exists, the risk of substantial losses is also present.
'Place' or 'Hardway' bets are often riskier but promise significant rewards due to their higher house edges.
In contrast, 'Pass Line' and 'Don’t Pass Line' wagers offer lower risks due to their lesser house edges.
'Odds bets' combined with 'Pass Line' offer superior payout odds.
A solid strategy for Craps involves maximizing odds bet on minimal pass line bets, boosting win chances collectively.
Securing casino bonuses can further enhance players' potential earnings. Such offers might include receiving enticing incentives, like no wagering bonuses and cashback bonuses .
Final Thoughts
'Odds' bets are considered most advantageous, lending themselves well to enhancing possible returns due to their minimal house edge.
It's prudent to bet small amounts initially and progressively increase betting stakes.
Deciding on your best betting options depends on your financial resources and what you can afford to risk losing.