Does 10x odds craps mean
Sep 26, · Because most Casinos here are so small, IF and it is a BIG IF the Casino sports a Craps Table, the smaller the Casino the higher the "free odds" to attract Craps Players to their location. Century Casino in Central City has $3 minimum bets and 10x odds. Ameristar has $5 minimum bets and 5x odds. Taking odds in craps is tricky business. Most casinos offer 10X odds. Do I need to max that out to get the best house edge, and, if I only double my Pass line bet, does this still work to my. Dec 10, · Some casinos step up the maximum Odds depending on the point number. For example, “x Odds,” usually means you can bet 3x Odds on the 4 or 10, 4x Odds on the 5 or 9, and 5x Odds on the 6 or 8. Let’s look at a simple scenario to see how the flat and Free Odds bets work together.
The “Free Odds” Bet in Craps
Part of this is ego involvement. The pass is 1. You click the button to roll the dice and a 10 comes up and you curse your luck for rolling a number that is hard to repeat. August 9, at pm. I thought higher odds might lower the house edge a lot closer to 0. We hope you have found this article helpful on your way to becoming a winning real money craps player. The rest ensues because casino pandering policies are predicated on a percentage of the house's theoretical earnings.
The Odds Bet
Therefore, the following is a summary, and if you want the details, please refer to our other articles in which we teach you how to play craps.
Yes, you read that correctly…zero house advantage. The true odds are based on the number of ways to roll the point number against the number of ways to roll a 7. We know from our lesson on basic craps math that there are:. Consequently, the true-odds payoffs are:. The casino limits the amount of Odds you can bet, and those limits vary among casinos. Some casinos have 10x, 25x, and even as much as x. Very good! The maximum allowable Odds are usually posted on the placard hanging on the inside wall of the table.
Some casinos step up the maximum Odds depending on the point number. Reminder: For details and help in understanding these basics, refer to our lessons on basic craps math and the Pass Line bet.
You can now go to the page that we list the craps bets or You can now head over to the table of contents to find more great content. If a casino had 25x odds and you bet say 5 on pass line, and the max odds of what would the house edge be on that? The pass is 1. Never down to zero, but how much better does it get. The article shows the house advantages for Pass Line only, with 1x Odds, and with 2x Odds, so you can see that the reduction is not linear.
The answer to these question is always The Odds Bet! In this section of our site we will explain the odds bet to you and how it works. We will also teach you the best strategy for playing the odds bet and give you advice on which online casino to chose depending on how any times the odds bet they offer.
All of these may sound like Greek to you at the moment but keep reading and you will be a full feathered craps pro in the 10 minutes it takes to read the article properly. When playing in a land based casino the odds limit is always posted on the end zone of the table below the rim. When it comes to playing craps at online casinos it might be a bit trickier to find this information, especially if you are looking for odds bet limits at an online casino where you are not yet registered. Since the odds bet is such a good deal for the player we would suggest creating an account at Rushmore Casino for your craps play as they are offering x odds bets.
If you have never played the odds bet before it might be a bit confusing for you to figure out where to place the wager as there is no designated box for the odds bets. In the image below you will see a picture explaining where to place the chips to make the odds bet.
Once a point has been established for the pass-line bet you will be able to place an additional odds bet. In order to place your odds bet you just have to place the chips directly behind the pass-line bet as in the image above. At online casinos you can usually place odds bets of between 2 — 5 times the pass-line bet. If you want to know what casinos offer the highest limits for odds bets please refer to the table at the beginning of this article.
You might still not know what we are talking about when we say 3 times the odds or times the odds so we will go through it in a concrete example just to show you what it is we are talking about. Let us say that an online casino is offering you three times the odds on your pass-line bets.
Like all other casino games , craps has payback percentages. Before we discuss craps in particular, let us recall what payback percentage means. Payback percentage is the amount of collected wagers that a casino returns to players through wins.
The higher the payback percentage, the more chances that players have as a whole at winning in a particular game. Payback percentage is the reverse of house edge: whatever the payback is, the remainder is the house edge. The answer is, it depends on the wagers you make. There are dozens of craps bets and not all are made equal. Some craps bets pay off better than others and others are such poor choices that a dealer would be upset if you made such a bet for them.
If you are wondering why craps bets are unequal, it is partly because some totals are more likely to occur than others. The casino further manipulates these bets by paying at variance with the true odds except in the free odds bet.
So payback percentage depends on two factors: the odds of a bet winning, and how much the casino actually pays when that bet wins. Some craps bets pay very well indeed, while others are not worth your time. To be a smart craps player is to know which bets have the best payback percentages and to stick to them.
The very best craps bets are the odds bets that are multiplied x, but not every casino offers such spectacular odds. Most of the time you can content yourself with the pass line, don't pass line, come and don't come wagers plus the odds bet even if it is not the best odds. Here is a table of craps bets and their payback percentages.