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Craps Bets: Learn the House Advantage for Each


Category: Arts and Entertainment  >>  Casino - Gambling

By William Enslen Jr   [ 23/10/2009 ]
 | [ viewed 21 times ] Article word count: 586  

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Be smart, play smart, and learn how to play craps the right way!

Knowing the house advantage for each craps bet does more for your bankroll and playing enjoyment than anything else. Based on house advantages, some bets are considered “good” (they have a relatively low house advantage) and others are considered “bad” (they have a relatively high house advantage). So, which craps bets are considered “good” and “bad” for the player? The various craps bets with their house advantages are summarized below. I consider bets with house advantages of 2% or less as “good,” those with house advantages greater than 4% as “bad,” and those with house advantages between 2% and 4% as “maybe.” I usually don’t make any of the “maybe” bets, but if you do, you won’t be giving up too much. Note: “HA” stands for “house advantage.”

Don’t Pass, Don’t Come (with single Odds), HA 0.69% = Good bet.
Pass Line, Come (with single Odds), HA 0.85% = Good bet.
Don’t Pass, Don’t Come, HA 1.40% = Good bet.
Pass Line, Come, HA 1.41% = Good bet.
Place 6 or 8, HA 1.52% = Good bet.
Buy 4 or 10 (pay vigorish on win), HA 1.64% = Good bet.
Lay 4 or 10 (pay vig on win), HA 1.64% = Good bet.
Buy 5 or 9 (pay vig on win), HA 1.96% = Good bet.
Lay 5 or 9 (pay vig on win), HA 1.96% = Good bet.
Buy 6 or 8 (pay vig on win), HA 2.22% = Maybe bet.
Lay 6 or 8 (pay vig on win), HA 2.22% = Maybe bet.
Lay 4 or 10 (pay vig up front), HA 2.44% = Maybe bet.
Field (triple for 12 or 2), HA 2.78% = Maybe bet.
Lay 5 or 9 (pay vigorish up front), HA 3.23% = Maybe bet.
Lay 6 or 8 (pay vig up front), HA 4.00% = Maybe bet.
Place 5 or 9, HA 4.00% = Maybe bet.
Buy 4 or 10 (pay vig up front), HA 4.76% = Bad bet.
Buy 5 or 9 (pay vig up front), HA 4.76% = Bad bet.
Buy 6 or 8 (pay vig up front), HA 4.76% = Bad bet.
Field (double for 2 and 12), HA 5.55% = Bad bet.
Place 4 or 10, HA 6.67% = Bad bet.
Big 6 or Big 8, HA 9.09% = Bad bet.
Hard 6 or Hard 8, HA 9.09% = Bad bet.
Any Craps, HA 11.10% = Terrible bet.
3 or 11, HA 11.10% = Terrible bet.
C & E, HA 11.10% = Terrible bet.
Hard 4 or Hard 10, HA 11.10% = Terrible bet.
Hop two ways, HA 11.10% = Terrible bet.
Horn, HA 12.50% = Really stupid bet.
Whirl (World), HA 13.33% = Really stupid bet.
2 or 12, HA 13.89% = Really stupid bet.
Hop one way, HA 13.89% = Really stupid bet.
Any 7, HA 16.67% = Total sucker bet (stop throwing your money away!).
Over 7 or Under 7, HA 16.67% = Total sucker bet (stop throwing your money away!).

It’s important to remember that whether a bet is deemed “good” or “bad” is based on many rolls over time. In the relatively short blip of time that you stand at the craps table on any particular day, you may experience a hiccup in the normal distribution where even the worst bets hit one right after the other. For example, suppose you walk up to the table and play your usual conservative game. The table is ice cold at that specific moment and 10 shooters in a row 7-out. The whole time you’re losing with your conservative “good” bets, the drunk next to you keeps hitting his “bad” $5 Field bet that only pays double for the 2 and 12. Be assured, this guy’s hot streak will soon end and then he’ll lose all his money. You can be sure that time is against him and he’ll most certainly lose. Maybe not today or tomorrow, but certainly over the next few days. Always give yourself the best chance of winning by making bets with the lowest house advantage.

Now you know! Remember, learn how to play craps the right way.

About the author:
W. Enslen is a reliability engineer who routinely works with statistics. Having played and analyzed casino craps for 30 years, he has compiled his winning secrets in a new Ebook, which you can sample at Learn to Play Casino Craps. Be smart, play smart, and learn to play casino craps in reality instead of a Fantasyland of false hope.

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Article tags: craps, learn craps, casino craps, play craps, craps strategy, online craps, house advantage, craps bets
 

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