- Best Way To Win On The Craps Table
- How To Bet Craps
- Best Craps Bets For Beginners
- How To Bet Craps Table
- Best Way To Bet On Craps Table Games
Not as many people put free odds behind come and don’t come bets. Nevertheless, you can place odds behind both of these wagers.
In its simplest form, or Craps Horn Bet, the money is split four ways between each number. For example, if you bet $4, then $1 is effectively placed on each number. If any one of the four numbers is rolled on the next roll, you win the odds for that number.
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The process works almost exactly the same as with pass line and don’t pass line bets. The only difference is the nature of come and don’t come.
Come and don’t come bets have the same rules as pass line and don’t pass line, respectively. The exception, though, is that you must wait for a point number to be established before making eitherof these wagers.
Here’s an example of making a come bet.
- The shooter rolls a 4, thus establishing a point
- You make a come wager
- The shooter’s next roll now becomes the come out roll for your come bet
- The shooter tosses a 6, thus establishing a point
- You take odds on the 6, meaning that your potential payout and true odds are both 6:5
Essentially, come and don’t come are like your own personal pass line and don’t pass line wagers. You can make these bets any time after the shooter’s initial point has been established and backthem with odds.
Many players stick to backing pass line and don’t pass line with free odds because it’s easy to do so at the start of a new shooter’s round.
But the methodology for backing come and don’t come bets with odds is almost the same. You just need to deal with more chaos since you’re doing so in the middle of a shooter’s turn.
Best Way To Win On The Craps Table
When you do back come and don’t come bets with odds, place your chips above the respective space. Also, notify the dealer so that they don’t mistake your free odds for another come or don’t comewager.
How To Bet Craps
House Edge on Placing the 6 and 8 in Craps.
I recently received the following:
Jerry:
Let me say up front I love the GTC site, etc. Just wish I had known about this stuff instead of counting cards in the late seventies.
I have never seen a publication with the correct data re: the following 2 points.
By the way I expect full RFB and a hooker in return for this info Â… LOL
- Placing the 6 and 8.
Consider a $6 place bet on the 6. There are only 11 happenings out of 36 in this universe that produce a decision: 5 wins x $7 and 6 losses of $6 for a net loss of 1 unit. Having bet 11 X $6 the loss is 1/66 or -1.51515%.
However, consider a $6 place bet on BOTH the 6 and 8 simultaneously. Now we have a 16 possible game. If we look at the P & L as each of the possible outcomes occurs, we see that we get 10 X $7 = +$70 and 6 X -$12 = -$72 for a loss of $2. However our total money at risk was $12 X 16 = $192. A loss of $2 in $192 is a losing percent of only 1.0416666667 (or 1 and 1/24 %). - < the second point will be addressed in a future article >
Dear Tony,
You have an interesting way of looking at these bets. On the surface it appears quite logical. However, you must do a separate calculation for each bet - placing the 6 and placing the 8. You cannot lump them together, since they are two distinct bets. Each bet would have about a -1.52% edge.
Since you will probably not take the statement above as proof, let's look at this in another way.
You are using the correct formula for calculating the edge for each bet: Sum of all profit (or Loss) divided by the sum of all bets made. Consider the following table.Roll | Roll Frequency | Profit / Roll | Pro-rated Profit | New Bets After Roll | Pro-rated Bets/Roll |
2 | 2.78% | $0.00 | $0.00 | $0.00 | $0.00 |
3 | 5.56% | $0.00 | $0.00 | $0.00 | $0.00 |
4 | 8.33% | $0.00 | $0.00 | $0.00 | $0.00 |
5 | 11.11% | $0.00 | $0.00 | $0.00 | $0.00 |
6 | 13.89% | $70.00 | $9.72 | $60.00 | $8.33 |
7 | 16.67% | -$120.00 | -$20.00 | $120.00 | $20.00 |
8 | 13.89% | $70.00 | $9.72 | $60.00 | $8.33 |
9 | 11.11% | $0.00 | $0.00 | $0.00 | $0.00 |
10 | 8.33% | $0.00 | $0.00 | $0.00 | $0.00 |
11 | 5.56% | $0.00 | $0.00 | $0.00 | $0.00 |
12 | 2.78% | $0.00 | $0.00 | $0.00 | $0.00 |
Total | 100.00% | -$0.56 | $36.67 |
In order to determine the edge of any bet we need to determine the profit from each roll. To do that we need to multiply the bet by the roll frequency to come up with the 'Pro-rated Profit' Then we must determine the 'Pro-rated Bets/Roll' by multiplying the new bets after roll by the roll frequency. You calculate the edge by dividing the 'Pro-rated Profit' by the 'Pro-rated Bets/Roll.'
In the above table I used larger bets to get more accuracy in the final calculations. Using the numbers above the edge would be -.56 divided by 36.67 or -1.527 percent - not -1.04 percent.
Best Craps Bets For Beginners
Tony, you still may not take the above as proof, possibly thinking I am playing with numbers, but will you take the results of a simulation?
Using the Smart Craps simulator, I set up a simulation which assumed a random thrower betting a $30 6 and a $30 8. The simulation ran for 10,000,000 rolls of the dice (actually 10,000,003 rolls in order to finish the last hand). The result --- an expected edge of -1.521498 percent.
Three strikes and you are out. All the other books are right - the house edge on placing the 6 and 8 is 1.52 percent, not 1.04 percent.
Sorry Tony, no RFB and no hooker on this one.
How To Bet Craps Table
Jerry 'Stickman' is an expert in craps, blackjack and video poker. He is a regular contributor to top gaming magazines. The 'Stickman' is also a certified instructor for Golden Touch™ Craps and Golden Touch™ Blackjack. For more information visit www.goldentouchcraps.com or www.goldentouchblackjack.com or call 1-800-944-0406. You can contact Jerry 'Stickman' at stickmanGTC@aol.com
Best Way To Bet On Craps Table Games
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