• Craps Table Betting Odds Genesis Open

Unfortunately, most casinos have tables with configuration #1 that pay double for both the 2 and 12 with a 5.5% house advantage. Configuration #2 is rare, so if you’re lucky enough to find this table, then the Field is an acceptable bet with only a 2.8% house edge. Field Bet Payout Options. The actual odds of the Field bet are 5 to 4, which is exactly why players are pretty much fond of this kind of craps bet. The payouts for the Field bet are even in case that the numbers 3, 4, 9, 10 or 11 come out after the shooter's roll. Craps Payout Odds: By looking at the payout odds versus the house edge for the various bets in craps, the wise player should be able to ascertain which bets to make regularly, and which to avoid. Bet: Payout Odds: House Edge: Pass-line bet: 1 to 1: 1.4%: Single odds: 1 to 1: 0.8%: Double odds: 1 to 1: 0.6%. The craps payout chart below shows various payout statistics such as what kind of craps bets, true odds, payout odds and the total house edge after everything has been calculated through. Note that these payout odds in the chart listed below are not the same in every casino or on all craps tables.

Free odds, also called “Taking the Odds”, can be taken on the pass, don’t pass, come and don’t come bets. When the shooter establishes a point on the come-out roll, any player who has made a pass line bet is allowed to “take the odds.” A single odds bet is an additional wager, up to the amount of your original wager, that the point number will be repeated before a 7 is rolled.

The odds bet is the best bet you can make in the game of craps, because the house has no built-in advantage. Free odds bets are paid back at true odds, so when you’re making these bets the casino has no house edge whatsoever, it’s an even game!

(T&Cs Apply 18+)

Besides the fact that the odds bet has no house edge associated with it, also it has no official designated space on the dice table. Therefore, to place a pass line bet with odds you need first to make your pass line bet and then, after a point is set you take more chips and place them behind your pass line bet. The odds bet wins if your flat bet (original bet) wins and losses if your flat bet loses.

Some casinos permit players to make double odds, and even greater odds wagers. Usually you will see a printed sign on the table to let you know how much you can bet on free odds and if there are no signs, the dealer will tell you. How much you can bet is expressed as a multiple of your original bet.

For instance, if 2x odds are shown it means you can put two times as much down on your odds as you’re putting on your original bet. For example, let’s say you bet $1.00 on the pass line and establish a point of 4 in a casino that offers double odds. You now have the option of taking the adds for an additional $2.00.

If you repeat the point number (4) before rolling a 7, you will get your original $3.00 back, plus an additional $5.00. Of that $5.00, $1.00 will be the even-money payback on your pass line wager, and $4.00 will be the 2-to-1 payoff for a point of 4 on your odds bet of $2.00.

If you roll a 7 before repeating your point of 4, you will lose your initial $1.00 wager on the pass line, plus your $2.00 odds bet, for a total loss of $3.00. You are allowed to remove your odds wager from the craps table at any time, as a casino does not object to your taking down a bet that has no house edge.

As we said before, free odds can be taken on come bets also. So, to make a come bet with odds you simply need to tell the dealer you want to back up your come bet with odds and put your odds bet down, but only after your come point has been set.

The correct payoff for odds bets varies from point number to point number, depending on the odds of a 7 being rolled before a particular point is repeated. The payoff formula is the same whether you take single odds, double odds, or more. Correct odds payoffs are as follows: points 4 and 10 pay 2-to-1; points 5 and 9 pay 3-to-2; points 6 and 8 pay 6-to-5.

Craps is found in all Las Vegas casinos that have more than a handful of table games. The rules are generally the same from one casino to another except for the odds permitted online bets and whether the Field pays double or triple on 12.

Las Vegas Craps Minimum Bets

Las Vegas craps minimum bets range from $1 to $50. Here is a list of all Las Vegas casinos that spread craps with its minimum bet. These minimum bets were recorded on weekdays. Higher minimum bets may be found during peak hours.

Las Vegas Craps Odds

Most craps tables on the Las Vegas Strip offer 3/4/5 times odds. This means that a player can wager three times the flat bet on a 4 and 10, four times on a five and 9, and five times on a six and eight. The maximum win with odds on any of these numbers equals six times the flat bet. A notable exception is The Cromwell, where players may take odds for up to 100 times the original wager.

Downtown Las Vegas and the locals market tend to spread 10 times odds. There are some exceptions. Below is a list of each odds grouping with the amount permitted by each house.

There are also alternatives to playing Craps for real money if you are not in Las Vegas. Check out our live casino page to find out more about playing craps online.

Complete Las Vegas Craps Survey 2019

Craps Table Betting Odds Genesis Open