Crapless Craps House Edge
Craps is the most exciting game in most casinos. It’s also often played on the streets. At its heart, craps is a simple gamewhere you bet on the shooter to succeed or fail.
When you do bet it take at least 5X odds if available to reduce the house edge on this bad bet. Place the Six and Eight as you normally would. You don't press them unless you score a total of four hits on the pair. . After a calculation on the pass line bet in Crapless Craps, you will find that it contains a house edge of 5.38%. In normal or standard Craps the house edge is just 1.41% on the Pass Line Bet. The three numbers that you can’t lose on are very rarely rolled; i.e. As point numbers, 2, 3, 11 and 12 also can be placed in Crapless Craps. You wouldn’t want to make those bets, with house edges of 6.25 percent on 3 or 11 and 7.14 percent on 2 or 12, but the.
The shooter is just the person who rolls the dice.
A round of craps starts with a “come out” roll. If the shooter rolls a 7 or an 11 on the come out roll, he succeeds immediately. If he rolls a 2, 3, or 12, he fails immediately. If he rolls anyother number, it becomes the point.
The shooter then keeps rolling until he rolls the point again (succeeding) or a 7 (failing), whichever comes first.
When you play in a casino, you can also take odds or lay odds when the shooter sets a point. You take odds when you place an additional bet that the shooter will make the point, and you lay oddswhen you place an additional bet that the shooter will roll a 7 first.
This is called the odds bet, and the only way you can place this bet is if you’ve already placed a pass or don’t pass bet. The odds bet has a maximum amount equal to some multiple of youroriginal pass or don’t pass bet.
The casino decides on the multiple, but the higher the multiple, the better the situation is for the player.
Here’s why.
The brilliant thing about the odds bet is that it pays off at its actual odds of winning.
- If the point is 4 or 10, a pass line odds bet pays off at 2 to 1. A don’t pass odds bet pays off at 1 to 2
- If the point is 5 or 9, a pass line odds bet pays off at 3 to 2. A don’t pass odds bet pays off at 2 to 3
- If the point is 6 or 8, a pass line odds bet pays off at 6 to 5. A don’t pass odds bet pays off at 5 to 6 odds
This makes the odds bet the only bet in the casino with no edge for the house. If you placed an infinite number of odds bets, you’d break even, because the payoff odds are the same as the odds ofwinning.
In most casino games, including all the other bets on the craps table, the payout odds for each bet are lower than the odds of actually winning. The difference between the odds of winning and thepayout odds is the house edge.
In street craps, which is basically dice played at home, almost all of the betting is done on the pass line and don’t pass lines. You need bettors who will cover both sides of the action sincethe casino isn’t there to bank the bets.
In a casino, though, you have a plethora of additional bets you can make at the craps table. The only bets worth making, though, are the pass and don’t pass bets along with odds.
The casino also offers come and don’t come bets, which are bets on rolls subsequent to the come out roll. These bets treat that roll as if it were a new come out roll.
The house edge for a pass line bet is 1.41%, and the house edge for a don’t pass bet is 1.36%. The difference ismarginal, and most players enjoy rooting together for the shooter, so they’re willing to miss out on that 0.05%.
The house edge on the other bets on the craps table skyrockets. In the case of some of the proposition bets, the house edge is well over 10%, making these craps bets some of the worst in thehouse. If you stick with the bets I’ve recommended, you’ll be playing craps about as well as anyone could ever play the game.
First, a bit of housekeeping. We are in the process of redesigning the site to make it easier for our viewers and readers to access all of our past videos.
When I first started RoadGambler.com and it’s associated videos, my staff and I did not anticipate moving off of YouTube, so we did not design the site as the primary provider of the RoadGambler Real Craps game videos. The videos have become a huge attraction and generated large numbers of viewers, and they continue to attract large numbers on RoadGambler.com.
For now, most of our videos can be found under the video tab. In the future, they will be even easier to find.
SPOILER FOR PART 1, in case you have not seen part 1…
In part 1, RoadGambler started off well but then fell in the hole. RoadGambler ended the video down $120 on a $300 buy-in.
Crapless Craps House Edge Calculator
You might say that being down $120 on a $300 buy-in is not that bad, and you would be right. That is the rough equivalent of two full pass line odds.
Tomorrow, I will be talking about the odds bet, and discussing some of the downsides to the odds bet. Arguable, the odds bet is the best bet in the casino from a mathematical perspective, but there is a serious and grave downside to relying on the odds bet. That’s my hint for what lies in Part 2, without spoiling it, and my further hint for tomorrows article.
Crapless Craps House Edge Definition
Enjoy Part 2.
Oh, RoadGambler is on the way to play…Crapless Craps. That will be available in a future installment.
Posted in: Casino, Craps, Gambling