Craps Place Bets & House Edge
Place Bets & House Edge Craps is really a conglomeration of various bets being made at various times in various ways. We can say categorically that certain bets are more to your advantage than others, though casinos do rely on a certain amount of ignorance on the craps table in the hopes of deriving a greater advantage on the wagers being made.
Place Bets & House Edge A successful craps strategy is one that takes cognizance of the entire gamut of house odds and translates the math into good game play. Place bets can be made on the numbers four, five, six, eight, nine and ten. When you make a place bet, you’re betting that a particular number will be rolled before the next seven.
Place Bets & House Edge Big 6 Big 8 Buy 4 - commission always paid Buy 5 - commission always paid Buy 6 - commission always paid Buy 8 - commission always paid Buy 9 - commission always paid Buy 10 - commission always paid
1 to 1 1 to 1 39 to 21 29 to 21 23 to 21 23 to 21 29 to 21 39 to 21
9.09% 9.09% 4.76% 4.76% 4.76% 4.76% 4.76% 4.76%
Place Bets & House Edge Buy 4 - commission paid on win
39 to 20
1.67%
Buy 5 - commission paid on win
29 to 20
2.00%
Buy 6 - commission paid on win
23 to 20
2.27%
Buy 8 - commission paid on win
23 to 20
2.27%
Buy 9 - commission paid on win
29 to 20
2.00%
Buy 10 - commission paid on win
39 to 20
1.67%
Place Bets & House Edge Hard 4
7 to 1
11.11%
Hard 6
9 to 1
9.09%
Hard 8
9 to 1
9.09%
Hard 10
7 to 1
11.11%
Place Bets & House Edge Lay 4
19-41
2.44%
Lay 5
19-31
3.23%
Lay 6
19 to 25
4.00%
Lay 8
19 to 25
4.00%
Lay 9
19 to 31
3.23%
Lay 10
19-41
2.44%
Place Bets & House Edge Place 4
9 to 5
6.67%
Place 5
7 to 5
4.00%
Place 6
7 to 6
1.52%
Place 8
7 to 6
1.52%
Place 9
7 to 5
4.00%
Place 10
9 to 5
6.67%
Place Bets & House Edge As you can see, almost no two bets are created equal. The house edge ranges from as low as 1.52% to as high as 11.11%. This obviously calls for a certain amount of tact and strategy when it comes to deciding what to play and what to avoid. For the most part, hard ways bets are to be avoided at all costs as you’re literally giving the house an edge that it doesn't need to have.
Place Bets & House Edge As the table above shows, if you're going to make any placement bets then stick to the six and eight bets, as these afford you the greatest possibility and statistical probability of being able to stay at the craps table longer with the same bankroll, thereby giving you a higher chance of winning.
Place Bets & House Edge Some of these bets are actually outlawed in certain states in the US, as certain gambling commissions feel that they place an unduly high profitability ratio for casino owners.