Craps Odds Bet Payout

• Craps Table Odds And Payouts
• Craps Odds And Payouts
• Craps Odds Bet Payout
• Craps Table Odds
• Craps Odds Bet Payouts

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). The craps payout chart below shows various payout statistics such as what kind of craps bets, true odds, payout odds and the total house edge after everything has been calculated through. Note that these payout odds in the chart listed below are not the same in every casino or on all craps tables.

How to play Craps

Craps is a game dating right back to Ancient Rome before the days of online pokies! Soldiers used to carve pig bones into dice and gamble with them. Today you can play craps online at choiceonlinecasino.com or in a casino where craps is played around a specialised table with raised sides. Although the game is very simple, it offers a wide range of interesting bets.

In a casino, the game is run by two or more operators. The players take it in turns to roll the dice. The player to roll the dice is called the shooter. Usually the shooter is given a choice of five dice, from which two are selected for the game. When the dice are rolled they should hit the far side of the table before landing, to ensure a fair play.

The first roll of the dice is called the Come-Out Roll. The two dice are rolled and the total on the dice is counted. Here are the possible outcomes:

• 7 or 11 This is called a natural. All bets on the Pass Line WIN. This pays 1/1 so if you bet $5, you receive $5 plus your $5 stake back. The round is finished.
• 2,3 or 12 This is called craps and all bets on the Pass Line LOSE. The round is finished.
• 4,5,6,8,9 or 10 Whatever number rolled is called the Point and the round continues..

What are your chances of winning on the Pass Line?

Before we look at any other bets, let's see how likely we are to win the simplest Pass Line bet.

Two normal dice can land in 6 x 6 = 36 different ways.

To win on the Come-Out roll, we need to throw 7 or 11. There are 6+2 = 8 ways of doing this so the chance is 8/36 = 22.22%

To lose on the Come-Out roll, we need to throw 2,3 or 12. There are 1+2+1 = 4 ways of doing this, so the chance is 4/36 = 11.11%

The chances of getting a point and needing to roll again are 24/36 = 66.67%.

To work out our chances of winning on a point, we look at the individual point score chances.

It's no surprise that multitudes of strategies have been developed around place betting the (6) & (8) as these numbers give the craps player one of the be best advantages of beating the casinos.

First of all, both the (6) and the (8) are the numbers likely to roll most often, next to the (7). There are 5 ways to roll (6), 5 ways to roll an (8), and 6 ways to roll a (7).

It doesn't stop there. Here's are some more advantages of Place Betting the (6) and/or (8).

Craps Table Odds And Payouts

• Place Bets only need to be hit once to win, versus a Pass Line or Come Bet, which needs to be hit twice
• The payout on a Place Bets exceeds that of Pass Line or Come Bets at lower betting levels
  • It takes approximately 5X odds before the benefits of PL/Come Bets exceed that of Place Bets
• Place Bets can be made or taken down at any time the player wants versus PL/Come bets which are contract bets
• The player controls the numbers that are bet, versus the roll of the dice being the determining factor
• Already mentioned, the (6) and (8) are most likely to be rolled aside from the (7)
• Betting both the (6) and (8) gives you a 10 to 6 advantage of one of your numbers hitting before the (7)
• The house edge on place betting the (6) or (8) is only 1.52%, one of the lowest on the table

If the toolbox of strategies you bring to the craps tables does not include a (6) and (8) strategy, then it might be time to find one that works for you.

We'll cover a few of the most popular, and some not-so-popular 6/8 strategies for you to assess and possibly include in your own repertoire of strategies.

Secrets Tip – Never bet the Big 6 or Big 8 located at the corners of the table. They carry a 9.09% House Edge versus Place Betting the same numbers for a 1.52% House Edge.

All examples include betting both the (6) and (8) on a $10 minimum craps table.

6 & 8 Collect and Press

• Place Bet both the (6) and (8) for $12 each (Total $24)
• Take these steps on the (6) and (8) independently
  • 1^st Hit – Collect and rack the $14 in winnings (you now only have $10 of your money at risk)
  • 2^nd Hit – Press your bet to $24
  • 3^rd Hit – Collect and rack the $28 in winnings (now your up $20)
  • 4^th Hit – Press your bet to $48
• From here, you can either continue alternately ‘collecting' and ‘pressing' your bets through the end of the roll or take down your bets at any point in the progression you want.

__________________________________________________

6 & 8 One Unit Continuous Press

• Place Bet both the (6) and (8) for $12 each (Total $24)
• Take these steps on the (6) and (8) independently
  • 1^st Hit – Win $14 – Press your bet by $6 to $18 (collect & rack $8)
  • 2^nd Hit – Win $21 – Press your bet by $6 to $24 (collect & rack $15)
  • 3^rd Hit – Win $28 – Press your bet by $6 to $30 (collect & rack $22)
  • 4^th Hit – Win $35 – Press your bet by $6 to $36 (collect & rack $29)
• Either continue to press one unit each time one of your numbers hits, or take down one or both of your bets at any point you want.

__________________________________________________

6 & 8 – $72 Regression

• Place Bet both the (6) and (8) for $36 each (Total $72)
  • 1^st Hit – Win $42
  • Immediately take both the (6) and (8) down to $12 each
  • You're now positive $18 and only have casino winnings on the table
• Use the (6) and (8) Collect and Press for the remainder of the shooter's roll

__________________________________________________

6 & 8 – 1-3-2-6 Positive Progression Strategy

• Place Bet both the (6) and (8) for $12 each (Total $24)
• Take these steps on the (6) and (8) independently
  • 1^st Hit – Win $14 – Drop $10 and press the bet to $36 (Net winnings = -$34)
  • 2^nd Hit – Win $42 – Drop your bet to $24 (Net winnings = $18)
  • 3^rd Hit – Win $28 – Drop $60 and press your bet to $72 (Net winnings = $0)
  • 4^th Hit – Win $84 – Take all bets down (Net winnings = $168)
• After taking your bets down and collecting your net winnings of $168, you can wait for the shooter's roll to end or decide to start the betting progression over.

__________________________________________________

6 & 8 – $48 Hit and Spread

• Place Bet both the (6) and (8) for $24 each (Total $48)
  • 1^st Hit – Win $28
  • Immediately take the (6) and (8) down to $12 each
  • Add the (5) and (9) for $10 each
• After the 1^st Hit, you'll now have 4 inside numbers covered for a $16 investment.
• Utilize a collect and press strategy for the remainder of the roll.

__________________________________________________

6 or 8 – Low Roller Inside Spread

• Place the (6) or (8) for $12 (Total $12)
  • 1^st Hit – Win $14 – Rack $2 and place the opposite number for $12 (Net = -$10)
  • 2^nd Hit – Win $14 – Collect and rack $14 (Net winnings = $4)
  • 3^rd Hit – Win $14 – Rack $4 and place the (5) or (9) for $10 (Net winnings = $8)
  • 4^th Hit – Win $14 – Rack $4 and place the opposite 5/9 for $10 (Net winnings = $12)
• You now have all inside numbers covered AND a $12 profit.
• Utilize the collect and press strategy for each number covered through the end of the roll.

Craps Odds And Payouts

__________________________________________________

6 or 8 – Low Roller Run Up

• Place the (6) or (8) for $12 (Total $12)
  • 1st Hit – Win $14
    • Parlay your winnings and add $4 to your bet
    • Bet is now $30 – Total investment $16
  • 2nd Hit – Win $35
    • Parlay your winnings and add $1 to your bet
    • Bet is now $66 – Total investment of $17
  • 3rd Hit – Win $77
    • Take all bets down
• Collect $126 in winnings ($14+$35+$77) from a total investment of $17
• At this point, you can either start the strategy over or wait for the next shooter

Foxwoods online promo codes. __________________________________________________

There are many other variations out there, and if you didn't find one you're comfortable with above, a quick google search will uncover many, many more.

Keep in mind, no strategy will change the house edge (casino advantage) on the bets placed. The goal is find the betting strategy that works for you and your bankroll and apply it at the right times at the table.

Feel free to share your own (6) and (8) betting strategies in the comments below.

.

Craps Secrets has merged with the Black Chip Club

Please visit us at BlackChipClub.com

Craps Odds Bet Payout

.

*****************

If you have any questions, suggestions or recommendations, feel free to leave them in the comments section below.

Craps Table Odds

In the meantime…

Craps Odds Bet Payouts

BEST OF LUCK AT THE CASINOS!!!