Casino Roulette Strategies



Guide to Craps

Intermediate Craps Guide  June 17, 2015 – 02:19 pm

Intermediate Craps GuideA Little Background

The shooter can establish points of 4, 5, 6, 8, 9 or 10. Some points (6 and 8) are more likely to be "made" than other points because there are more ways to roll them:

  • There are five ways to roll a 6
  • There are five ways to roll a 8
  • There are four ways to roll a 5
  • There are four ways to roll a 9
  • There are three ways to roll a 4
  • There are three ways to roll a 10
  • Note that there are six ways to roll a 7, making it the most likely number to come up.
    (This is how the house gets its edge.)

Clearly a point of 6 or 8 gives you the best odds of winning when a point is established. The following are the mathematical odds (also called the "true odds") of the various points being "made" before a 7 is rolled and what the payout on the Odds bet is:

  • 6 or 8 = 5:6 - pays 6:5
  • 5 or 9 = 2:3 - pays 3:2
  • 4 or 10 = 1:2 - pays 2:1

Odds Bets

When you have a Pass Line bet down and once a point is established, you can also put down an additional bet known as an Odds bet. Winning Pass Line bets pay off at even money. Odds bets pay off at the "true odds" of making the current point. As a result, it is better to "put down odds" rather than to simply place a higher Pass Line bet. The fact that the payout is equal to the (true) odds of making the point, this bet is also referred to as "free odds" because the house doesn't take a "cut" of the payout. However, if a 7 is rolled, you lose both your Pass Line and Odds bets.
The bet (chips) are placed directly behind your Pass Line bet on the layout after a point is established.

Most Las Vegas Strip casinos offer "double odds" (aka "2x odds") at their craps tables. This means that you can place an Odds bet up to double the amount of your Pass Line bet. There are two things to keep in mind when placing Odds bets:

  • because of the 3:2 payout, Odds bets placed on points of 5 and 9 should be in even-number dollars
  • because of the 6:5 payout, at "double odds" tables you can actually put down 2.5 times your Pass Line bet when the point is 6 or 8. For example, with a $10 Pass Line bet, you can put down a $25 Odds bet.
  • Example: You put down a $10 bet on the Pass Line and a point of 6 is established. You could then put down up to $25 as an Odds bet. If the point is made, you will get paid even money ($10) on your $10 Pass Line bet, but you will be paid at a rate of 6:5 ($30) on your $25 Odds bet.

For more aggressive betting, you could also place Odds bets (up to double your Pass Line bet) on the "less-likely-to-be-made points" and the payoff will be at those odds (2:1 for points of 4 or 10, and 3:2 for points of 5 or 9). All the "experts" say that it is foolish not to put down the maximum Odds bets allowed on all points but I suspect they have more money than we do.

To try and take advantage of Odds bets without bleeding money at a cold table, I normally adjust my Odds bets according to the odds of making the point. I will put down the maximum Odds bet for points of 6 or 8 because they are the most likely to be made. However, I will lower the amount based on the odds of making the point. Example, for a $10 Pass Line bet:

  • $25 Odds bet for points of 6 and 8
  • $10 Odds bet for points of 5 and 9
  • $5 Odds bet for points of 4 and 10

Source: www.goingtovegas.com

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