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Let’s face it, as much fun as it is going to the casino and playing craps, winning at the craps table is a heck of a lot more fun than losing.

To increase your chances of winning, and before you put your hard earned money down on the table, you should at least have a rudimentary knowledge of the odds, payouts and house edge for each of the bets on the table.

There is no house edge on odds bets, but they increase variance, which causes the swings in your bankroll. The higher the odds, the greater the variance, and the greater the swings in your bankroll. You cannot win without variance, but odds on the 4 and 10 can take chunks from your bankroll before you see a winner. When you play craps, understanding the house edge on each bet is key. By having a better idea of how the house edge works in craps, you will improve your play by making more informed bets, depending on how safe or risky you want your game to be. Craps is different from most casino games because there are so many betting options. Once you’ve mastered the rules of online craps, you’ll want to take the next step – developing a craps strategy to beat the house. As with pretty much all casinos games, the house does have an edge at craps. But the edge can be very slim with certain bets. With correct strategy, this gives you a decent shot to make profit playing craps. In crapless craps, however, the house still has an edge of 0.38% (5% minus 5.38%). Compared to the difference in pass line bets, the additional place bets on a crapless craps layout are even more heavily tilted to the house. Placing the 3 or 11 carries a house edge between 6.25 percent and 10 percent depending on the casino.

Before we get into the details, let’s get a couple of things out of the way first.

1. The casino always wins in the long run.
   • The casino’s revenues are built on the statistical probabilities of the outcomes, payouts and house edge of each of the bets in the casino and at the craps tables over the long term. (24/7, 365 days a year).
   • BUT… We’re only at the casino and at the craps table for a short period of time. (a day, weekend, week, etc.). You’re better positioned to take advantage of short term trends at the table and… sometimes you just get lucky! Advanced craps players can sometimes even flip some of the odds into their favor.
2. The casino’s advantage extends beyond the house edge.
   • In addition to the house edge on each bet, the casino is banking on the fact that most players at the craps tables don’t know how to play the game and don’t know the smart vs. not so smart bets on the table.
   • SO… By doing what you are doing right now, learning how to play the game well and understanding the probabilities and house edge for each of the bets on the table, you’re effectively reducing the casino advantage over you. Aside from becoming an advanced player, this is your best bet for leaving the tables and the casino, a winner.
3. While you’re at the tables, you’d might as well have some fun.
   • While most of my play is, and your play should be, centered around the smarter bets on the table, don’t forget that you’re there to have a good time. There is nothing wrong with throwing some dollars on the ‘not so smart’ bets when you want to. I do it myself from time to time if the table is slow and I’m looking for a little more action or when I’m playing with house money. As long as you’re making an informed decision… then go for it.

Now that we have that out of the way, let’s get to work on getting you to be an informed gambler at the craps tables.

Odds, Payouts, House Edge

So that you better understand the tables below, I’m going to give you a basic explanation of how the odds and payouts determine the edge that the house has over you.

Don’t worry, I wasn’t very good at math either and you don’t need to understand the formula above… I certainly don’t. All you need is the table below… it’s all figured out for you. If you’re looking for a deeper explanation there are a lot of statistics and probability websites out there to research.

• ODDS: This is the probability that an outcome will occur.
  • For example, if I were to flip a coin, the probability (or ODDs) that it would come up heads is 50% or 1 out of every 2 times the coin is flipped, IN THE LONG RUN. So if I flip the coin 1000 times, it will probably come very close to 500 heads and 500 tails. (This would be 1 to 1 ODDs)
  • That doesn’t mean that IN THE SHORT TERM it will come out heads every other time it’s flipped. You may get 2 heads in a row, 5 heads in a row, or maybe even 10 heads in a row, but IN THE LONG RUN you’re most likely going to get close to the same number of heads and tails outcomes.
  • The SHORT TERM TRENDS are what we want to take advantage of to leave the table a winner.

• PAYOUTS:The amount the casino pays you each time your outcome occurs.
  • Using the coin flip example above, imagine that you’re betting $5 on heads each time the coin is flipped. At even (or 1 to 1) ODDs, you should get paid $5 every time it comes up heads. But that’s not how it works at the casino. They have a built in ‘vig’ that pays you less than the true odds.
  • So let’s imagine that at this casino, they pay you $4 every time heads is flipped. In 10 flips, if it comes up heads 9 times… you’ve won $45.
  • But if you flip the coin 100 times and it comes out 50 heads and 50 tails, you just lost $100 even though you won an even amount of times.
  • (100 flips at $5 = $500) (50 wins (heads) paid $4 each = $400) = ($100 loss)
  • This is where the HOUSE EDGE comes in.

• HOUSE EDGE:The percentage difference between the true odds of a winning outcome and the payout for that winning outcome.
  • This is how the casino always wins in the long term… by paying you less than the true probability of the outcome you bet on.
  • In the coin flip example, your betting $5 on an even odds bets, but they’re only paying you $4 for every win. In this example, the house edge on this bet is a whopping 20%. (This would qualify as a ‘Not So Smart’ bet.)

Your goal is to lessen the casino’s house edge over you so you have the best chance of winning. Just focus most of your betting on the bets that have the lowest house edge.

SMART BETS

House Edge Craps 10x Odds

These are the bets with the lowest House Edge and give you the best chance of winning. An easy way to remember these… They are on the right and left sides of the table. Most of your betting should be focused on these bets.

NOT SO SMART BETS

These are the bets that give the casino the highest House Edge and their greatest advantage over you. Again, there is nothing wrong with betting on any of these as long as you’re making an informed decision on what you’re betting on.

These bets are typically located in the center of the table in front of the stickman.

You are now a much more educated gambler and much better equipped to win at the craps table and against the casino.

Feel free to leave any comments that would be helpful to readers learning about odds, payouts and house edge.

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House Edge Craps Bets

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Low House Edge Craps

BEST OF LUCK AT THE CASINOS!!!

What About Crapless Craps? Is It Playable?

It seems to be a law of the gambling universe. If a casino promotes a game as better than the standard game, it is always worse – for the player, not the casino.

In craps a few casinos are offering 'Crapless Craps' or 'Never Ever Craps.' The casinos proclaim, 'Never lose your pass line bet due to a craps number being thrown.' I don’t know about you, but I just hate it when my pass line bet is scooped up because a 2, 3, or 12 shows on a come-out roll. So this is a good thing, right?

The answer, as expected, is no. Instead of losing your pass line bet when a craps number is thrown, it becomes a point number. However the 11 – normally a pass line win on come-out – also becomes a point in crapless craps. The probability of making a point of 2 or 12 is 1 in 7. The probability of making a 3 or 11 is 1 in 4. Because you still only get even money for your pass line bet, the house edge for a pass line bet in crapless craps is 5.38 percent. The house edge for a pass line bet in the standard game is 1.41 percent. Now you know why casinos push crapless craps.

Golden Touch™ teaches that you should only play the games where you have an advantage. Whether or not you have an advantage in craps is determined by your skill in controlling the dice. The amount you can expect to earn because of your advantage not only depends on your skill, but also the bets you make at the craps table. For example, if you have diligently practiced over several months and your documentation shows you have avoided enough 7’s to garner a 5 percent edge, you will have nearly a 3.6 percent edge on a pass line bet in a standard craps game (5% minus 1.4%). In crapless craps, however, the house still has an edge of 0.38% (5% minus 5.38%).

Compared to the difference in pass line bets, the additional place bets on a crapless craps layout are even more heavily tilted to the house. Placing the 3 or 11 carries a house edge between 6.25 percent and 10 percent depending on the casino. The 2 or 12 place bets make between 7.14 percent and a whopping 14.29 percent for the house.

Based on this information, common sense dictates you should play the standard game. But what if the regular tables are full or your spots are taken? What if crapless craps is the only game open?

The GTC preferred betting method for random rollers is a pass line and one or two come bets with odds after the 5-count. If you are a controlled shooter you want to minimize what you bet on random shooters and bet considerably more on your own rolls. With this in mind, a pass or come bet with double odds in standard craps has a 0.61 percent house edge. The same bet with double odds in crapless craps has a 2.02 percent edge making in a much less desirable bet. It makes placing the 6 and/or 8 a less costly option as that bet carries a house edge of only 1.52 percent, and has a hit frequency second only to the 7.

Okay, for random rollers in a crapless craps game it is better to place a 6 and/or 8 instead of making pass line and come bets. What about betting on your own rolls?

If you are a controlled thrower (and you are throwing well), the GTC preferred method is to make place bets. The 6 and 8 are preferred for their low house edge (1.52%). Since you are betting more on your own throws, buying the 4 and/or 10 (with the vig paid only on a win) is also a reasonable bet at about a 1.67% house edge. This edge can be lowered if you can 'push' the vig from $1 on a $20 bet (1.67%) to $1 on a $25 bet (1.33%) to $1 on a $30 bet (1.11%) possible even to $1 on a $35 bet (0.95%).

But what about those extra place bets available in a crapless craps game? What about betting on the 2/12 or the 3/11?

As you might expect, the house edge on a place bet for these numbers is abysmal. The true odds against making a 3 or 11 are 3-to1. For making a 2 or 12 they are 6-to-1. The games I looked at in Las Vegas and Tunica paid 13-to-5 on the 3/11. This translates to a hefty 10.00% house edge. In Las Vegas placing the 2/12 pays 5-to-1 amounting to a 14.29% windfall for the casino. In Tunica it was a little better, paying 27-to-5 amounting to 'only' an 8.57% casino advantage. By contrast, placing the 4/10 – with true odds of 2-to-1 – gets paid at 9-to-5 for a house edge of 6.67%.

The message is clear and simple; avoid place bets on the outside numbers, especially the very outside numbers. However, buying these numbers can minimize the tax on your wins by the casino.

Tunica allows buying the 3/11 for $10 with a $1 vig. This amounts to a 2.5% house edge. However if you buy the 3/11 for $25 as is allowed in Las Vegas as well as Tunica, the house edge plummets to 1.00%. If this isn’t enough to get excited about, consider buying the 2/12. In Tunica buying the 2/12 for $10 with a $1 commission puts the house edge at a decent 1.43% - just about the same as a pass line bet. But, if you buy it for $25, you still only pay a $1 vig on a win and the house edge is now a mere 0.57% - almost the same as a blackjack game that has decent rules.

Now that is something to get excited about. A controlled thrower does not need very much control to overcome about a half percent house edge. On top of that, hitting the 2 or 12 with a $25 buy bet pays $149. Heck, that is almost as much fun as hitting a Hardway bet. It makes it very tempting to change your set to make hitting these far outside numbers a bit more likely.

So, the next time the only open table is a crapless game, you don’t need to walk past it, you just need to be selective with the numbers you bet on and the type of bets you make. As an added bonus, hitting the extreme outside numbers can quickly increase your bankroll with very little taken by the house as a vig.

And remember, He who dies with the most toys … is nonetheless dead.

Happy (crapless) rolling,

House Edge On Craps

Stickman

Calculate House Edge Craps