Players should then multiply this decimal by the amount they want to wager to determine their potential payout. For instance, a bet on point 4 in craps has payout odds of 9:5. Converted to decimal form, this is 1.8. For a $10 bet, craps players would multiply 10 by 1.8 to discover they could win a payout of $18 if the dice landed on 4. The payoff is 30 – 1, while the true odds are 35 – 1. The house edge on this wager is also 16.67%. Last of all is the twelve-craps, sometimes called 'midnight.' Like the Aces bet, the twelve-craps pays 30 – 1 and carries a house edge of 16.7%. If the payout is 175 to 1, then the house edge is 7.47%. If the payout is a lousy 150 to 1, then the house edge would be 20.81%. The odds of winning the All Bet is about 1 in 190.
If you understand how to play craps and don't need a crash course, you still might not understand proposition or horn bets. Horn bets make craps fun!
Most players start with a simple pass line bet where the house edge is a tiny 1.41 percent. A pass line bet wins when 7 or 11 is thrown on the first roll, loses when 2, 3, or 12 is thrown on the first roll and is in serious limbo when a 'point' is established should 4, 5, 6, 8, 9 or 10 total on the dice. To win, that number must roll again before 7 comes up on the dice. That's craps, almost as easy as blackjack once you get the hang of it.
However, you don't need a pass line bet to play at the craps table, and if you get bored waiting for your pass or don't pass bet to hit, there are plenty of other places to put your chips.
Horn and Proposition Bets
Craps is a fast action game and it is the stickman's job to entice you with proposition bets. A prop bet is a one-roll bet. You either hit the bet on the next roll or you lose! Most authorities will tell you to avoid prop bets because the house edge is so high. I won't. I like prop bets because they are fun and add a lot of excitement to the game.
When the stickman asks, 'anybody on eleven,' he wants you to toss him a chip for the next roll coming up an eleven. If it rolls, you will be paid 15 to 1 or 15 for 1, depending on where you are playing. That's a nice payoff and you can usually make the bet for as little as a dollar. A two-way eleven is half for the dealers and half for the player if it hits.
- Odds bets – great craps. Laying odds is one of the best things players can do when playing craps. The simple reason for that is that the house doesn't have an advantage on that money. Therefore I usually make odds bets when I get the chance to.
- There are many different bets you can make on the craps table. This often confuses new players but in actual fact craps is not that complicated. In this section we outline all of the possible betting options and show you where those bets go on the table. The Craps Table. Below is an example of a craps table.
Sure, the house edge is 11.11 percent (if you are getting 15 to 1) on a eleven bet, but if you make a $1 bet every ten minutes and play for six hours, it only costs you $4 on average because you will win the bet twice in 36 rolls and get back $32. The fun part is when a lot of elevens are rolling and you get paid more often.
There are plenty of other prop bets on a crap game. What is the largest casino in oklahoma. The bets, how many times they will average rolling and the house edge are:
- Two - 1 time in 36 - pays 30 to 1 - House Edge 13.89 percent
- Three - 2 times in 36 - pays 15 to 1 - House Edge 11.11 percent
- 12 - 1 time in 36 - pays 30 to 1 - House Edge 13.89 percent
- Any craps - 4 times in 36 - pays 7 to 1 - House Edge 11.11 percent
- Any seven - 6 times in 36 - pays 4 to 1 - House Edge 16.67 percent
Craps Bets Odds
Horn Bets
Like prop bets, you must ask for a horn bet and either toss the chips to the stickman or tell the inside dealer well before the dice 'total' and a number is made. Don't just throw your chips into the stickman's other bets!
A horn bet is split between 2, 3, 11 and 12—and is a single roll bet. A $4 horn bet is $1 on each number, so when 3 or 11 hits you get paid $12 or 3 to 1 on your bet. This is because you lose $1 on the 2, 11 and 12 and your bet stays up on the horn, so the dealer deducts $3 from your 15-1 payoff and gives you $12.
If a 2 or 12 rolls, you win $30 minus the three $1 losing bets and receive $27. You can bet any amount on the horn and when 3 or 11 rolls they will multiply your bet by three and pay you. When 2 or 12 rolls they will multiply your bet by 6.75 and pay you.
Horn High and World Bets
Horn high and world bets are for $5 increments. When you bet a horn high 12, $2 is on the number 12 and $1 is on 2, 3 and 11. You have to call out 'Horn High' and choose where that extra dollar goes (2, 3, 11 or 12).
When you place a world bet, you have $1 on 2, 3, 11, 12 and also 7. Again, the stickman will tell the inside dealer what to pay you and your original bet will stay up for the next roll. Yes, you are allowed to take it down.
Las Vegas Craps Casinos - Best Table Odds - Bettling Limits
Vegas Craps Table Conditions - Table Minimums, Maximums, Odds
This page is a guide to craps conditions in Las Vegas. We've included sections for lowest and highest betting limits, and sections for which casinos offer the best table odds. The section about table odds is possibly the most important, because the amount you can bet on the 'Free Odds' bet in craps is always a multiple of what you bet on the 'Pass Line' bet. The higher that multiple is, the lower the house edge becomes. (Although the house edge is never 0% or negative, you can get the house edge pretty low if you can get a high enough multiple.)
Here are some examples of the house edge for Pass Line bets followed by Free Odds bets at various available multiples:
Table Odds | House Edge on Pass Line Bet + Free Odds |
1X | 0.85% |
2X | 0.61% |
3X | 0.47% |
5X | 0.33% |
10X | 0.18% |
20X | 0.10% |
100X | 0.02% |
The house edge on the 'Don't Pass' bet + free odds is about 0.15% lower than the Pass Line bet + free odds, but a lot of people don't like to bet against the shooter. The house edge on the Don't Pass bet + free odds is only 0.01%, which makes it the best bet in just about every casino if you're not counting cards at blackjack or something like that. Mobile casinos for real money.
Best Odds Craps Casinos in Las Vegas
Casino Royale Craps on the Strip
The Casino Royale on the Las Vegas Strip offers 100X odds on their two craps tables. Their betting limits at the craps table range from a minimum bet of $3 to a maximum bet of $500, and the maximum odds bet you can place is $2500 per bet. The Casino Royale is located in the center of the Las Vegas Strip, next to Harrahs and across the street from the Mirage.
Sam's Town Craps on Boulder Highway
The best casino at which to play craps on the Boulder Highway is Sam's Town, where they offer 20X odds. That makes the house edge on the pass line bet + odds bet only 0.1%, which is as close to an even money bet as you will likely find at any Vegas casino game. Their minimum bet is $5 and the maximum bet is $3000, but they have a maximum odds bet of $5000. Sam's Town has four craps tables.
Main Street Station Craps Downtown
In downtown Vegas, the best odds craps can be found at Main Street Station, who offer 20X odds. The minimum bet there is $5, and the maximum bet is $1000. Main Street Station has three craps tables.
Highest Betting Limits on Craps in Vegas
$5000 is the practical maximum betting limit at the craps tables in Vegas. Several casinos offer a maximum bet of $5000, and we've listed them below, along with what kind of multiple the free odds bets offer.
Casino | Table Odds |
Golden Nugget | 6X, 8X, and 10X |
Wynn Resort | 3-4-5X |
Mirage | 3-4-5X |
Treasure Island | 3-4-5X |
Caesar's Palace | 3-4-5X |
Venetian | 3-4-5X |
Paris | 3-4-5X |
Aladdin | 3-4-5X |
Bally's | 3-4-5X |
Bellagio | 3-4-5X |
MGM | 3-4-5X |
3-4-5X odds is something a little different from what was discussed earlier. The house edge for casinos offering this is 0.37%, which makes it a respectable bet. When you make the maximum odds bet at one of these casinos, the payout is always seven times the bet no matter the result, instead of true odds. But the maximum amount you're allowed to bet is based on the point:
If the point is 4 or 10, then the max odds bet is 3X.
If the point is 5 or 9, then the max odds bet is 4X.
If the point is 6 or 8, the max odds bet is 5X.
Lowest Betting Limits Craps in Vegas
If you're just looking for the cheapest place to play craps in Las Vegas, then you're looking for the lowest betting limits. How to win money playing roulette. Slots a Fun, the Orleans, Sunset Station, Boulder Station, and both Arizona Charlies all offer minimum bets of $2. But Vegas has an even lower minimum craps game available at Nevada Palace, which is a neighborhood casino with only one craps table.
Best Place to Play Craps in Las Vegas
Craps Table Place Bets Odds
The best place to play craps in Vegas is the place where you're most comfortable with the table odds and betting limits. We've tried to provide a lot of information about casinos to choose from in order to play craps in Las Vegas, but there are other factors which might go into your playing decision, like whether or not the casino is someplace you'd actually be willing to stay, what the cocktail waitresses look like, or how friendly and active the craps games are. We hope this section has gotten you started in terms of places to think about playing though.