Let me begin by apologizing to our beginner craps players. I pride myself on being a good teacher, but I overlooked the fact the I have not yet written an article dedicated to the free odds bet. I took it for granted that everyone understood what is mathematically the best bet in the game.
However, recently, I started seeing very basic questions about the free odds bet pop up on the RoadGambler YouTube channel.
Do you know the sequence of payouts and why it is impor. Skip navigation Sign in. Understand and Beat the Odds - How to Play Craps Pt. 5 - Duration: 5:47. Color Up 36,412 views. Craps Payouts Which bets are the best on Craps Odds. Continued from online craps odds part 1. Again, when it comes to playing online craps, the numbers you roll are out of your control and can only be determined by luck, but understanding the odds of rolling the numbers can help you make the right play and teach you which bets are the best ones to choose based on the odds. The 6 and 8 pay out 6:5 or $6 for every $5 wagered. 5 and 9 pay out 3:2. 4 and 10 pay out 2:1 odds. Note that these payouts are only for the odds bet. The original Pass/Come line bet will still be paid 1:1 if it wins. I will explain the bet using the image below. First I made a pass line bet and the shooter rolled a 4 on the come out roll. Take the 5 or 9 on the craps table. It is similar to figuring out 15% at a restaurant. In craps, the odds on 5 or 9 pay 3 to 2. Whatever the odds placed, divide it by 2, and add that to the original number. So $24 odds pays $12 + $24 = $36. Figuring out place bets on the 4 or 10 at 9 to 5 odds is not that hard. Multiply by 2 and subtract 20%.
So let's have a simple discussion about the free odds bet.
For purposes of simplicity, I am only going to discuss free odds on the light side, aka the pass and come side. For the dark side of free odds, see this: https://roadgambler.com/casino/darkside/
Also, the free odds are simply referred to as ‘odds'; so going forward, I will use the term ‘odds' in lieu of ‘free odds.
WHAT ARE THE FREE ODDS BET? Get paid to gamble.
The odds bet is a bet that can only be made once the player has bet on the pass line or come bet.
It's mathematically the best bet on the table because the odds pay true odds. That means that, unlike almost every other bet in the casino, the house has no advantage.
Odds bets are usually capped. Casino slot tricks. At most Las Vegas strip properties, the odds bet is capped at a maximum of 3x, 4x, and 5x.
For example, here is a table limit sign at a Las Vegas Strip casino.
Notice that the minimum bet on this table is $15. 3x, 4x, and 5x means that: if the point is 4 or 10, then the maximum odds are 3 times the pass line bet; if the point is 5 or 9, then the maximum odds are 4 times the pass line bet; and if the point is 6 or 8, the maximum odds allowed are 5 times the pass line.
Let's say that you make a $15 pass line bet. That means that in the above picture since the point is 8 (as marked by the white puck), you can bet $75 worth of odds.
Some casinos will allow more free odds. Notice the sign that says 100x. Are rabbits lucky. That means if you bet $5, you can bet up to $500 worth of odds.
WIN-LOSS CONDITIONS OF THE ODDS BET
The odds bet will win if the point assigned to that odds bet rolls before the 7 rolls.
For example, if the point is 8, and the 8 rolls before the 7 rolls, then the odds bet will win. If the 7 rolls before the 8 rolls, then the odds bet will lose.
Odds bets can also be wagered on Come bets after the Come bet point has been established. Be warned that typically if the bettor has a live come bet with odds, and the pass line has just won, then the next roll will be a come out roll for the pass line. In that case, the odds bet attached to the come bet will not be working unless the bettor declares the odds to be working.
HOW TO IDENTIFY AND MAKE THE ODDS BET To heaven and back mac os.
In the picture below, the two bets that are behind the pass line bet are the odds bet. Games like game of dice. To make the odds bet, you just position your chips in the area behind your pass line bet, AFTER THE POINT HAS ROLLED.
If you are playing online, the odds bet is made by dragging chips to the area behind your pass line bet, like this…
PAYOUT ON ODDS BET
The most important thing to know about the odds bet is the payout. Game goo wizards and pigs.
The following are the payouts for each point…
Point is 4 or 10
- Odds will pay 2-1.
- For example, if you bet $10 on the odds, you will be paid $20
Point is 5 or 9
The following are the payouts for each point…
Point is 4 or 10
- Odds will pay 2-1.
- For example, if you bet $10 on the odds, you will be paid $20
Point is 5 or 9
- Odds will pay 3-2.
- For example, if you bet $10 on the odds, you will be paid $15.
- When betting odds on the 5 or 9, always make sure that you bet in even dollar increments. For example, if you bet $5, you will be penalized. True odds payout would be $7.50, but since most casinos do not have 50 cent chips, the casino will round down and pay $7.
Craps Bets Explained
Point is 6 or 8
Craps Table Bets
- Odds will pay 6-5.
- For example, if you bet $10 on the odds, you will be paid $12.
- Always bet in $5 increments, or else you will be penalized. The casino will round down from the true odds payout.
Best Bets On Craps Table
FINAL ADVICE
When in doubt about how much to bet, follow this one simple rule about how much to bet on free odds: Bet in $10 increments.
If you bet in $10 increments, you will always have the correct odds bet. Make sure that the $10 increment does not go over the maximum odds allowed.
Play responsibly and enjoy!
