Craps Odds: The Way to Boost Your Winning Streak!

Craps odds - Feature image

Craps is one of the most exhilarating casino attractions, accessible at both land-based venues and HunnyPlay online casino. Many shy away, perceiving it as overly intricate. This guide from HunnyPlay unravels everything about Craps odds, ensuring you feel more confident when playing this game. Let’s dive in!

What are the Craps odds payout values?

True Craps odds represent the likelihood of winning a Craps bet. For example, if the true odds are 2:1, it means you’ll lose twice for every win. These odds essentially reflect your chances of winning in Craps and can be converted to determine your win percentage.

The House Edge is the disparity between the true Craps odds bet and the actual payout odds offered by the casino. Essentially, it’s the casino’s profit margin. 

A lower House Edge is advantageous for players, resulting in better odds and higher payouts.

What are the best odds in Craps?

  • Pass and don’t pass bet: These offer the best Craps odds with a 1:1 payout and a low House Edge of 1.41%, making them highly favorable.
  • Lay bet: These allow players to bet on a seven being rolled before a specific number, with odds of 2:1, 3:2, and 6:5. The House Edge on these bets is zero, leading to typically better payouts.

Craps odds payout chart

With a multitude of Craps bets available, it can be challenging to track the payout for each one. To assist you, we crafted the following Craps odds payout chart, designed to help you monitor the different bet and their respective values.

Bet type True Odds Payout Odds House Edge
Pass Line Odds 2 to 1 2:1 1.41%
Pass Line Odds / Come Bet Odds / Buy bet (4 or 10) 2 to 1 2:1 4.76%
Pass Line Odds / Come Bet Odds / Buy bet (5 or 9) 3 to 2 3:2 4.76%
Pass Line Odds / Come Bet Odds / Buy bet (6 or 8) 5 to 6 5:6 4.76%
Don’t Pass Odds 2 to 1 2:1 1.36%
Don’t Pass Odds / Don’t Come Odds / Lay bet (4 or 10) 2 to 1 2:1 2.44%
Don’t Pass Odds / Don’t Come Odds / Lay bet (5 or 9) 3 to 2 3:2 3.23%
Don’t Pass Odds / Don’t Come Odds / Lay bet (6 or 8) 5 to 6 5:6 4%
Place bet (4 or 10) 2 to 1 9:5 6.70%
Place bet (5 or 9) 3 to 2 7:5 4%
Place bet (6 or 8) 6 to 5 7:6 1.52%
Field bet (3, 4, 9, 10 or 11) N/A 1:1 5.50%
Field bet (2 or 12) N/A 2:1 5.50%
Hardways (6 or 8) 10 to 1 9:1 9.09%
Hardways (4 or 10) 8 to 1 7:1 11.10%
Any 7 5 to 1 4:1 16.90%
Any Craps 8 to 1 7 to 1 11.10%
2 Craps or 12 Craps 35 to 1 30 to 1 13.90%
3 Craps or 11 Craps 17 to 1 15 to 1 11.10%
Big 6 or 8 N/A 1 to 1 9.09%
Horn Bet (3 or 11) N/A 3.75 to 1 N/A
Horn Bet (2 or 12) N/A 7.5 to 1 N/A
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There are so many types of bets in Craps.

There are so many types of bets in Craps. (Source: Internet)

What is the House Edge in Craps?

The Craps House Edge briefly touched upon earlier, is a critical concept of Craps odds. Essentially, it represents the casino’s built-in advantage over players, calculated as a percentage of the initial wager. 

Both online and land-based casinos use game rules to establish this edge, ensuring they minimize losses when players win big.

Given the House Edge varies with each bet, understanding it is crucial for crafting an effective Craps strategy. Start by assessing the true odds to gauge your chances of success. 

Then, examine the Craps payout odds to determine if the potential winnings justify the risk. You can reference our detailed Craps odds chart for these values.

For instance, the true odds of rolling a seven are 5 to 1. So, if a player bets $10, they should win $50. 

However, with the casino’s House Edge, the payout odds are reduced to 4 to 1, meaning the player receives only $40 for a winning bet. This demonstrates how the House Edge impacts your potential returns.

Essentially, the House Edge is the casino’s profit margin.

Essentially, the House Edge is the casino’s profit margin. (Source: Internet)

How to calculate a Craps payout?

When calculating your Craps odds payout, always use the payout odds from the Craps odds chart above, not the true odds, to determine your wager’s value. 

Although figuring out the payout odds of a Craps bet may seem daunting, breaking the odds into segments simplifies the process.

For example, if you place a bet on four and refer to our Craps odds table, you’ll see the payout odds are 9:5. This means for every $5 you wager and win, you’ll receive a $9 payout.

If the table has a minimum bet limit of $20, a place bet on four with payout odds of 9:5 equates to four $5 units. To calculate your potential payout, multiply the casino payout value (nine) by the number of units wagered. So, 9×4 equals 36. 

Therefore, a $20 Place bet on four, with odds of 9:5, yields a $36 payout if the shooter rolls a four.

If calculating these Craps odds seems complex, a Craps House Edge calculator can help determine your odds and payouts quickly and accurately.

Working out a Craps payout for any bet value

Another effective method to determine a Craps payout for any wager is to use decimal values. Start by converting the payout odds from a fraction (e.g., 9:5) to a decimal. 

Then, multiply this decimal value by your bet amount to calculate your potential winnings.

For instance, with a Place bet on four with payout odds of 9:5, the decimal conversion is 1.8. Multiply your $20 bet by 1.8 (20 × 1.8 = 36). Therefore, if you win the bet, your payout would be $36.

Using decimal values ​​is an effective method of determining the Craps payout for any wager.

Using decimal values ​​is an effective method of determining the Craps payout for any wager. (Source: Internet)

How do the Craps odds compare for each bet?

In Craps, each bet comes with its own odds and win percentage. To find the best Craps odds, players must examine the various wagers and understand their associated odds. 

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By doing this, bettors can place more lucrative bets and maximize their potential returns.

The Pass Line Bet

House Edge 1.41%
Odds 251 to 244
Payout odds 1 to 1

The Craps Odds of The Pass Line bet – the most popular and straightforward wager in Craps odds – has a low House Edge of 1.41% and offers odds of 1:1. Players typically place this bet before the come-out roll. If the shooter rolls a seven or 11, players win at 1:1. 

However, rolling a two, three, or 12 results in a loss. Any other number sets the point, and if the shooter rolls the point number again before a seven, players win their Pass Line bet. If a seven is rolled first, the bet is lost.

Don’t Pass Line bet

House Edge 1.36%
Odds 976 to 949
Payout Odds 1 to 1

The Craps Odds of Don’t Pass Line bet, the inverse of the Pass Line bet, offers a House Edge of 1.36% and also pays out at 1:1. Players place this bet before the come-out roll. If the shooter rolls a two or three, the bet wins. 

Rolling seven or 11 results in a loss, while a roll of 12 results in a push. If any other number is rolled, it sets the point. If the shooter rolls a seven before the point number, the bet wins; otherwise, it loses.

Any Seven bet

House Edge 16.67%
Odds 5 to 1
Payout Odds 4 to 1

The Any Seven bet, a proposition bet, has one of the worst House Edge at 16.67%. This straightforward wager bet that the next roll will be a seven. 

While there are six ways to win (as seven has the most combinations) and 30 ways to lose, the odds are poor at 4:1.

Craps bet

House Edge 11.11%
Odds 8 to 1
Payout Odds 7 to 1

Another proposition bet is the Craps bet, where players wager on the shooter rolling a two, three, or 12. This bet, often used as a hedge, carries a high House Edge of 11.11% and offers odds of 7:1. 

Despite its straightforward nature, it is generally better to focus on come-out wagers due to the high house edge.

Taking the Odds

House Edge 0%
Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Craps odds betting is unique because it has a house advantage of zero. The payout odds match the true odds for this bet. 

The Odds bet is a side wager based on the point, where players bet that a specific number will be rolled before a seven. Various outcomes come with unique odds, as highlighted in our craps odds table above.

Laying the Odds

House Edge 0%
Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

This bet is the opposite of the Taking the Odds wager and boasts the best odds in craps. Players bet that the shooter will roll a seven before the point. With more ways to roll a seven than any other number, the probability is high. The house edge is zero, so the payout and true odds are identical, making this an excellent bet.

Place bet

House Edge 6 and 8 – 1.52%

5 and 9 – 4.00%

4 and 10 – 6.67%

Odds 4 and 10 – 9 to 5

5 and 9 – 7 to 5

6 and 8 – 7 to 6

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

A Place bet involves the numbers 4, 5, 6, 8, 9, and 10. Bettors put money on one or more of these numbers. If the shooter rolls the chosen number before a seven, the bettor wins. 

This Craps odds are based on the likelihood of winning; thus, the easier the number, the lower the odds. The best house edge is on the six and eight wagers, at 1.52%.

Lay bet

House Edge 4 and 10 – 1.67%

5 and 9 – 2.00%

6 and 8 – 2.27%

Odds 4 and 10 – 9 to 5

5 and 9 – 7 to 5

6 and 8 – 7 to 6

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Lay bets are the opposite of Place bets. Here, bettors wager that the shooter will roll a seven before the Place number. These bets often have a 5% commission, varying by casino, which slightly affects the house edge but remains favorable.

Big Six and Eight

House Edge 9.09%
Odds 6 to 5
Payout Odds 1 to 1

The Big Six and Eight wagers are similar to placing a bet on six or eight, predicting the shooter will roll these numbers before a seven. While Place bet pays Craps odds of 7:6, the Big Six or Eight only offers 1:1, making them less favorable.

Field bet

House Edge 2.27%
Odds 5 to 4
Payout Odds 1 to 1 (3, 4, 9, 10, 11)

2 to 1 (2)

3 to 1 (12)

The Craps odds of Field bets involve wagering on the number the shooter will roll next: 2, 3, 4, 9, 10, 11, or 12. Players lose if the shooter rolls a 5, 6, 7, or 8. Payouts are even money, except for 2 and 12, which pay 2:1 and 3:1, respectively, due to their difficulty.

Hardway bet

House Edge 2 – 13.89%

4 and 10 – 11.11%

6 and 8 – 9.09%

Odds 2 – 35 to 1

4 and 10 -8 to 1

6 and 8 – 10 to 1

Payout Odds 2 – 30 to 1

4 and 10 – 7 to 1

6 and 8 – 9 to 1

Hardway bets are placed in the center of the craps table. Players wager that the shooter will roll a specific double (2, 4, 6, 8, or 10) before a seven or any other combination that totals the same value. If the shooter rolls a seven or another combination, the bet is lost.

Craps odds – FAQs

Q: What are the best odds in Craps?

A: The best odds in craps come from Pass bets, Don’t Pass bets, and Lay bets.

Q: What is the 3/4/5 rule in Craps?

A: Many casinos implement the “3-4-5X Odds” rule. This allows players to bet up to three times their Pass bet after a point of 4 or 10, four times after a point of 5 or 9, and five times after a point of 6 or 8.

Q: What is the probability of winning at Craps?

A:

Outcome Win Lose
Probability 8/36 4/36

Conclusion

Mastering Craps odds is essential for any serious player. Focusing on Pass, Don’t Pass, and Lay bets, which offer the best odds, can significantly boost your chances of winning. 

For an immersive Craps experience and to put your knowledge into practice, visit HunnyPlay today. Roll the dice and win big with us now!

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