Casino Craps Odds

Posted on  by admin

Las Vegas Craps Casinos - Best Table Odds - Bettling Limits

  1. Casino Craps Odds Chart
  2. Ilani Casino Craps Odds
  1. The casino holds an edge on all of the bets by paying less that the true Craps odds, and while for some bets this difference is substantial, for others it’s minor or even doesn’t exist, as in the free odds bets. Since the early days of Craps history, Craps has been considered the most profitable casino game. Even today, online Craps offer.
  2. Odds bets can also be placed in combination with Don’t Pass Line bets and work in a similar manner as Pass Line Odds. The good news is, even with these basic wagers one can start playing Craps, and win! After a while, you can start introducing new types of bets, and sooner than expected, you’ll become a true Craps master. Optimal Craps Strategy.
  3. 3-4-5 Times Odds. To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number.

The odds of rolling a three or eleven are 1 in 18, or a probability of 5.56%. The odds of rolling a four or ten are 1 in 12, or 8.33%. The odds of rolling a five or nine are 1 in 9, or 11.11%. The odds of rolling a six or eight are 1 in 7.2, or 13.89%. Finally, the odds of rolling a seven are 1 in 6, or 16.67%. Different Craps Bets and Payouts.

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

1X0.85%
2X0.61%
3X0.47%
5X0.33%
10X0.18%
20X0.10%
100X0.02%

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.

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 Craps Odds Chart

CasinoTable Odds
Golden Nugget6X, 8X, and 10X
Wynn Resort3-4-5X
Mirage3-4-5X
Treasure Island3-4-5X
Caesar's Palace3-4-5X
Venetian3-4-5X
Paris3-4-5X
Aladdin3-4-5X
Bally's3-4-5X
Bellagio3-4-5X
MGM3-4-5X
Casino Craps Odds

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. 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.

Casino

Best Place to Play Craps in Las Vegas

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.

Casinos can be intimidating and their games a little confusing, but here's a tip: The best bet on the craps table has no house edge, and it isn't shown anywhere on the layout. There's no mention of 'odds' on the table. You must have a Pass or Don't Pass bet to take odds on, but then you're on your own. If you don't know about odds, you'll miss the best bet in the casino.

If you know how to play craps, you know that new shooters have to place a wager on the Pass or Don't Pass line. Once that new point of 4, 5, 6, 8, 9, or 10 is made, they can just keep shooting. The odds bet, the one that has zero house edge, isn't mandatory; it's optional.

The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This wager can at least equal your Pass Line bet, so if you have an original wager of $10, put another $10 behind it to take odds. The amount you should wager depends on the point number.

If the point is 4, 5, 9, or 10, match your bet. If the point is 6 or 8, bet $6 in odds for every $5 you have on the Pass Line. When the shooter makes their point, you'll get a much bigger payoff.

Pass Line Odds Payoffs

If the point is:

  • 4 or 10, you are paid 2 to 1 on your Odds wager.
  • 5 or 9, you are paid 3 to 2 on your Odds wager.
  • 6 or 8. you are paid 6 to 5 on your Odds wager.

Most casinos allow you to take double odds on you Pass Line bet. That means if you put $5 on the Pass Line, you could make an odds bet of $10.

Your Pass Line bet has a house edge of 1.41 percent. The Odds bet has no house edge, so by taking it you lower the house edge on your overall wagers. A Pass Line bet with single odds has a house edge of 0.85 percent and with double odds, the house edge drops to 0.61 percent.

Over the last few years, many casinos have allowed players to take larger odds bets. Some casinos compete with each other to see who can offer the highest odds, up to 100 times odds. Although this sounds great, it is impractical for average players to wager this much unless they have a very big bankroll.

3-4-5 Times Odds

To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number. You can get odds on Come Bets too.

If the point is::

Casino
  • 4 or 10 you can take 3 times odds.
  • 5 or 9, you can take 4 times odds.
  • 6 or 8, you can take 5 times odds.

Ilani Casino Craps Odds

Craps Odds Bets