Craps Betting Strategies: Place Number Bets

The descriptions, payoffs, and odds of place number bets in craps.

In craps the 4,5,6,8,9, and 10 are known as the “place numbers.” Players may place bets on these numbers at any times, but they work just like placing an odds bet, but have a worse payoff (besides “hard way” bets). Any remaining place number bets on the table are lost when the point is rolled.

Hard ways: There are four different hard way bets. A hard way 10 bet is gambling that a pair of fives will be rolled before a 7 or another 10 (7 & 3). This is called “the hard way” because it is harder to roll two fives than a 7 and 3. Likewise, you can bet on a hard 4, 6, or 8. Each respective hard way bet is a bet that doubles will be rolled rather than a seven or that same number the “easy” way.

Hard 4 or 10 pays 7:1 with a house edge > 11%
Hard 6 or 8 pays 9:1 with a house edge > 9%

Big X bet: A bet that place number X will be rolled before a 7. This bet pays even money and the house edge is over 9%.

Buy bet: A buy bet is the same as a place bet, but instead of paying 1:1 odds, they pay actual odds. However, the player has to pay a 5% commission to place a buy bet. House edge on all buy bets is about 4.5%

Lay bet: The lay bet is the opposite of the buy bet. The lay bet is placed on the 4, 5, 6, 8, 9, or 10. Lay bets gamble that a 7 will be rolled before the number you choose. Since a 7 is the most commonly rolled number, the player must wager more money than he can win. The player must pay a 5% commission on the possible winnings and the bet pays true odds. House edges range from 2-4%

Place bet: Similar to laying the odds, the player may bet on a 4,5,6,8,9, or 10. The player wins if the number he chose is rolled before a 7. Players may make place bets after the come out role. Payouts and house edges vary.

4 or 10 pays 9:5 with a house edge of 6.67%
5 or 9 pays 7:5 with a house edge of 4.00%
6 or 8 pays 7:6 with a house edge of only 1.52%

Place bets may be taken down at any time as long as a 7 has not been rolled.

 

Proposition Bets – The descriptions, payoffs, and odds of proposition bets in craps.

Proposition bets are one-throw bets, meaning that after one throw they either win or lose. In general, these have the highest house edge of all the craps bets. Below are some descriptions of proposition bets:

Craps 2: A bet that a 2 will be thrown on the next roll.
Pays 30:1 with a house edge > 13%.

Craps 3: A bet that a 3 will be thrown on the next roll.
Pays 15:1 with a house edge > 11%.

7: A bet that a 7 will be thrown on the next roll.
Pays 4:1 with a house edge > 16%.

11: A bet that an 11 will be thrown on the next roll.
Pays 15:1 with a house edge > 11%.

Craps 12: A bet that a 12 will be thrown on the next roll.
Pays 30:1 with a house edge > 13%.

Any craps: A bet that the next roll will be a 2, 3, or 12.
Pays 7:1 with a house edge > 11%.

Field bet: This is a one time bet that the next roll will be a 2,3,4,9,10,11, or 12. The 3,4,9,10, and 11 pay even money and the 2 and 12 pay 2:1.

Horn Bet: A bet that the next roll will be a 2, 3, 11, or 12 – pays 27:4 on the 2 and 12 and 3:1 on the 3 and 11 with a house edge > 12%.

Craps: Playing & Laying the Odds – How to play and lay the odds in craps!

Taking and laying the odds can be some of the better bets at the craps table if you know how and when to play them.

Taking the Odds

Craps actually has a bet with no house edge . . . as long as you bet on the pass line first. Once a point has been established, the player may bet a multiple (usually 2 times) his pass line bet on the ‘odds.’ The odds are simply an additional wager that the point will be rolled before a 7. Since the probability of the point being rolled before a 7 is less than 50%, the player wins more than even money.

If the point is a 6 or 8, the odds pay 6:5
If the point is a 5 or 9, the odds pay 3:2
If the point is a 4 or 10, the odds pay 2:1

 

Laying the Odds

This is the opposite of taking odds. The player is making a bet that a 7 will be rolled before the point.

If the point is a 4 or 10 the don’t odds pay 1:2
If the point is a 5 or 9 the don’t odds pay 2:3
if the point is a 6 or 8 the don’t odds pay 5:6

 

Craps: Come & Don’t Come Bets – How to place and play come and don’t come bets in casinos.

Miss the come-out role? Not a problem, you can still place a come or don’t come bet and will still have the same odds.

Come

A come bet is exactly like the pass line bet, but may be made at any time. They are regarded as Pass (Don’t Pass) bets, but as if the very next roll of the dice were the “come-out” roll of a new round. For example, if a come bet is made and if the next roll is 7 or 11, the Come bet wins immediately. If the next roll is 2, 3, or 12, the Come bet loses immediately. Otherwise, the number rolled is the point for that Come bet and the bet is moved to the new point. Similar to the pass line bet, players may place an odds bet if a point is thrown on the first roll after the come bet is placed. The house edge on a come bet is the same as a pass line bet – 1.4%.
A good strategy for the player who likes constant action is to have a new bet on either the pass line or come on every throw, and to always take the maximum allowable odds.

Don’t Come

The don’t come bet is exactly like the don’t pass bet, but is made on a non-come out roll. The don’t come bet is to the come bet as the don’t pass bet is to the pass bet

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