The Odds: Numbers
Remember, it’s a one-roll bet so it either wins or loses on the roll immediately after you make the bet. The C&E bet presents a similar kind of math teaser as the Horn when the bet amount results in a fractional amount for the Any Craps portion and the 11 portion. Best Craps Bets. The primary aim of betting providers is to take the money of clients, and your main purpose is to prevent this by placing good wagers. To help you achieve success, we will list some of the best bets in craps. Thus, understanding the best craps bets, you will be able to develop a winning craps betting strategy and avoid losing cash. Knowing this, craps players betting the Pass Line and Odds bets love to see the shooter roll a 6 or 8 point number, because they’ll have the best chance of fading a seven out while repeating the point number – scooping up some major chips along the way.
- The odds bet is the best bet you can make playing craps. In fact, it’s the best bet in the casino. The house edge on the odds bet is zero since the bet is paid at true odds. This is a separate wager that’s made after the come out roll. It’s associated with your come bet, don’t come bet, pass bet, or don’t pass bet.
- The time, number of rolls, number of pass line wins and estimated table win havebeen sustantiated to the author of this web site, each item, by two or more reliablesources. Patricia Demauro set a new record for the longest craps roll.
Since craps is a game of chance, you need to understand why you have a greater or lesser chance of rolling different numbers. Because you're rolling two dice, your chances of rolling a specific number in craps are determined by the number of die combinations that can add up to that number. For example, 2 can only be rolled with two 1s, but 4 can be rolled with either a 1 and a 3 or two 2s. That means you have twice the chance of rolling a 3 as you do a 2. Because the 7 has the greatest number of combinations (six), it is the number that has the potential to come up most often, which is why 7 is the magic number in craps.
There are 36 possible number combinations in craps. Here is a chart showing the possible combinations for each number using two die.
Advertisement
From the chart, you can see that the most likely number you'll roll is a 7, followed by the 6 and the 8, then 5 and 9, then 4 and 10, then 3 and 11, and finally (and least likely) the 2 and the 12. This means you'll roll a 7 once out of every six rolls, a 6 or an 8 once out of every 7 to 8 rolls, and so on.
Odds for Each Number
By looking at the possible combinations, the 'true odds' for each number can be established. Knowing the odds in craps is good so you have a feel for the likelihood of one number being rolled before another one (e.g., is the 4 going to be rolled before the 7?).
House Edge
Now, true odds are not what the casino pays you unless you're also betting 'free odds' on top of your main bet. Free odds, which is an additional wager you place with your original line bet, pay true odds so the casino's edge is reduced. (We'll talk more about free odds in Strategies the Winners Use.)
To better explain how the casino edge works, let's take the example of flipping a coin. You have a 50/50 chance of the coin landing on heads, and a 50/50 chance of it landing on tails. If that were a bet on which you were being paid true odds, you would be paid even money. The casino, however, has to have an edge in order to make a profit on the game. So, the payoff for any given bet is less than what true mathematical odds would dictate. For example, on a bet that had true odds of 1:1, you would think that if you bet $1 and win, you would be paid $1 in winnings. But in a casino, depending on the bet, you might only be paid $.96. The difference between the true odds and what they pay you is how they make money -- it's called casino odds.
Another way to better understand casino odds versus true odds is to look at the definition of the casino (or house) edge. WizardOfOdds.com defines it as, 'The ratio of the average loss to the initial bet,' going on to explain that it's based on the original wager rather than the average wager so that players can have an idea of how much they are going to lose when they place a bet. For example, by knowing that the casino has a 1.41 percent edge in craps, you can know that you'll be losing 14.1 cents for every $10 bet.
For charts of odds for all types of bets, visit the Wizard of Odds.com.
On the next page, we'll talk about types of craps bets, their odds and what the casino pays for each.
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).
- 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
- 1st Hit – Collect and rack the $14 in winnings (you now only have $10 of your money at risk)
- 2nd Hit – Press your bet to $24
- 3rd Hit – Collect and rack the $28 in winnings (now your up $20)
- 4th 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
- 1st Hit – Win $14 – Press your bet by $6 to $18 (collect & rack $8)
- 2nd Hit – Win $21 – Press your bet by $6 to $24 (collect & rack $15)
- 3rd Hit – Win $28 – Press your bet by $6 to $30 (collect & rack $22)
- 4th 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)
- 1st 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
- 1st Hit – Win $14 – Drop $10 and press the bet to $36 (Net winnings = -$34)
- 2nd Hit – Win $42 – Drop your bet to $24 (Net winnings = $18)
- 3rd Hit – Win $28 – Drop $60 and press your bet to $72 (Net winnings = $0)
- 4th 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)
- 1st Hit – Win $28
- Immediately take the (6) and (8) down to $12 each
- Add the (5) and (9) for $10 each
- After the 1st 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.
__________________________________________________
Craps Best Odds
6 or 8 – Low Roller Inside Spread
- Place the (6) or (8) for $12 (Total $12)
- 1st Hit – Win $14 – Rack $2 and place the opposite number for $12 (Net = -$10)
- 2nd Hit – Win $14 – Collect and rack $14 (Net winnings = $4)
- 3rd Hit – Win $14 – Rack $4 and place the (5) or (9) for $10 (Net winnings = $8)
- 4th 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.
__________________________________________________
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
- 1st Hit – Win $14
- 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
__________________________________________________
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.
Best Dice Roll In Craps
Feel free to share your own (6) and (8) betting strategies in the comments below.
.
Best Craps Bets For Beginners
Craps Secrets has merged with the Black Chip Club
Please visit us at BlackChipClub.com
.
*****************
If you have any questions, suggestions or recommendations, feel free to leave them in the comments section below.
In the meantime…
BEST OF LUCK AT THE CASINOS!!!