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Bets in the Game of Craps

Bets in the Game of Craps

There are bets of the following types admitted in the casino game:

Types of bets Description of bets
Bet Pass Line The bet on the Shooter to throw 7 or 11 at come-out or to make Point while making further throws
Bet Don’t Pass The bet on the Shooter to throw 2, 3 or 12 at come-out or not to make Point making further throws
Bet Come The bet on the Shooter to throw next 7 or 11 or to make Point. Commentary: the bet Come is made on each throw of a die only after the Shooter has made Point.
Bet Don’t Come The bet on the Shooter to throw 2, 3 or 12 or to make Point that wouldn’t be made at further throws
Bet Odds Additional bets made on the bets Pass, Don’t Pass, Come or Don’t Come which have been already made
Bet Win The bet on the Shooter to throw out the number which the bet is made on
Bet Lose The bet on the Shooter to throw out 7 before the number which the bet Lose is made on
Bet Hardways The bet on the Shooter to throw out the double before it is thrown out in any other combination or before 7 is thrown out.
Bet Big 6 The bet on 6 to be thrown out before 7.
Bet Big 8 The bet on 8 to be thrown out before 7.

The following bets are made during only one round. If the combination shown does not occur, the bet is considered lost.

Bet Field The bet on one throw at which 2, 3, 4, 9, 10, 11 or 12 will be thrown out next.
Bet Any Seven The bet on the Shooter to throw out 7 next.
Bet Any Craps The bet on the Shooter to throw out 2, 3 or 12 next.
Bet Craps Two The bet on the Shooter to throw out 2 next.
Bet Craps Twelve The bet on the Shooter to throw out 12 next.
Bet Craps Three The bet on the Shooter to throw out 3 next.
Bet Eleven The bet on the Shooter to throw out 11 next.

The Table of Payment in Craps

Most players make bets only on Pass Line and Don’t Pass Line. These bets are paid 1:1. Besides, a player can make additional bets (preliminary bets or odds bet) to the bets Pass Line, Come, Don’t Pass and Don’t Come. The payments
are as follows:

For bets Pass Line and Come
The number thrown out Payment
4 or 10 2:1
5 or 9 3:2
6 or 8 6:5
For bets Don’t Pass and Don’t Come
The number thrown out Payment
4 or 10 2:1
5 or 9 2:3
6 or 8 5:6

The Optimal Strategy for Craps

Craps mostly resembles the Roulette. Thus, first let’s study the bets we are offered in Craps and estimate their profitability.

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Bet Probability, % Average result
win lose
Pass Line 49,2929 50,7071 -7/495 -1,4141%
Don’t Pass Line 47,9293 49,2929 -3/220 -1,3636%
Come 49,2929 50,7071 -7/495 -1,4141%
Don’t Come 47,9293 49,2929 -3/220 -1,3636%
Pass/Come Odds Bets - - - -
4 or 10 33,3333 66,6667 0 0%
5 or 9 40,0000 60,0000 0 0%
6 or 8 45,4545 54,5455 0 0%
Don’t Pass/Come Odds Bets - - - -
4 or 10 66,6667 33,3333 0 0%
5 or 9 60,0000 40,0000 0 0%
6 or 8 54,5455 45,4545 0 0%
Win Bets - - - -
4 or 10 33,3333 66,6667 -1/15 -6,6667%
5 or 9 40,0000 60,0000 -1/25 -4,0000%
6 or 8 45,4545 54,5455 -1/66 -1,5152%
Lose Bets - - - -
4 or 10 66,6667 33,3333 -1/15 -6,6667%
5 or 9 60,0000 40,0000 -2/35 -5,7143%
6 or 8 54,5455 45,4545 -1/55 -1,8182%
Hardways - - - -
2:2 or 5:5 11,1111 88,8889 -1/9 -11,1111%
3:3 or 4:4 9,0909 90,9091 -1/11 -9,0909%
Big 6 or Big 8 45,4545 54,5455 -1/11 -9,0909%
Field Bet 44,4444 55,5556 -1/18 -5,5556%
Any Seven 16,6667 83,3333 -1/6 -16,6667%
Any Craps 11,1111 88,8889 -1/9 -11,1111%
1:1 or 6:6 2,7778 97,2222 -5/36 -13,8889%
1:2 or 5:6 5,5556 94,4444 -1/9 -11,1111%

Having studied the table, one can draw to a conclusion: the game on Odds Bet is the best variant; however, this bet requires making a preliminary bet on Pass/Come or Don’t Pass/Come. Consequently, the best strategy is combining these bets.