The game of Craps is an exciting and fast moving one, but for the newcomer it can also be a bit intimidating. The fast action leads many to believe that the game is complicated, but the game of craps is actually quite an easy one to learn.Craps is of course a game of chance, but there are some things smart players can do to tip the odds in their favor. The good news is that craps has a low house edge, making the chances of winning much better than at other casino games.The key to winning at craps is to get the house edge as low as possible, and to place the bets with the greatest odds of winning. Each throw of the dice is a totally random event, and no system can predict what the results of the next throw will be. The only requirements for playing tips is to know a pass line bet and how to apply the odds. There are approximately 40 different bets that can be made in craps, but most of those bets have bad odds. It is best to avoid the bets with the worst odds and focus on those with the best odds of winning. We will look at the odds on all craps bets, and focus on the ones considered to be winning bets.

Odds Bets

The odds bet in craps is the best bet, as there is no house edge associated with it. This bet is not listed on the craps layout, but any serious craps player knows the bet and takes full advantage of it. After the pass line bet is made, the Instadebit casino will allow the players to make an additional bet known as the odds bet. This bet is placed on the table behind the original pass line bet.When the shooter makes the point, the player is paid even money for the pass line but paid true odds for the odds bet, thus reducing the house advantage. For instance,
  • If the point is 4 or 10 the win is paid 2 to 1
  • If the point is 5 or 9 the win is paid 3 to 2
  • If the point is 6 or 8 the win is paid 6 to 5
Most casinos will allow players to take double odds on the pass line bet. For instance, if you put $20 on the pass line, you could place an odds bet of $40. While the pass line bet has a house edge of 1.41%, the addition of the odds bet serves to lower the house edge enjoyed on the pass line bet. A pass line bet with single odds enjoys a house edge of 0.85%, with double odds the edge is reduced to 0.61%.

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