Basic Strategy
The most mathematically efficient betting strategy on the craps table is to bet on the pass
line and then take full odds after a point is established. The Pass Line carries a
house edge of only 1.41% and is already one of the best deals in the casino (Actually Don't
Pass is a little better with 1.36% house edge but generally craps players don't like to make
don't pass bets). By then taking full odds you are reducing the overall house edge on your craps action. Below is a table showing how house edge diminishes overall on your pass line and
don't pass bets by using free odds.
House Advantage when you take Odds
(Full Double Odds means the player can take 2.5x
odds on a point for 6 or 8, and 2x on the other points.
3-4-5X Odds means the player can take 3X on the
4 and 10, 4X on the 5 and 9, and 5X on the 6 and 8.)
Clearly the more odds you take the lower you can drop the house edge. For this reason you
should try to get the highest possible odds.
Keep in mind that you should try to stick within your desired betting range. That is, if you only
want to risk $30 every round. It is better to put $10 on the pass line and then take $20 odds.
Don't make a $30 pass line bet and then only put a little on the odds. You want to maximise
the proportion of your money being bet on the odds.
Extra Action Use the Come bets with Odds
If you want more action but don't want to take the place and buy bets, you should use the
come and don't come bets and then take odds once you have a working number. Like the
pass line bets with odds, come bets with odds is much better than buy or place bets on the
numbers.
For Internet
Theres no actual box for odds bets and can be a little confusing for new craps players
wanting to try on the internet. In the picture below I've circled where the odds bets are placed at 888.com. Good Luck!
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