Although the game of craps is sometimes considered difficult, it is widely-preferred in both land-based and Internet casinos. The great variety of bets provides players with the opportunity to choose the best ones for them and offers excitement and an excellent gaming experience.
As such, you might end up overlooking the craps payouts when you go to place your bet. Right now, Gambipedia.com is going to provide you with an online craps payouts guide that is going to lend you a cheat sheet ahead of your next gaming session. Online craps rules. An obvious starting is to cover the basics of how to play craps. Here we will discuss the different craps odds payouts starting from the two numbers that are the hardest to throw: two and twelve. There is only one combination of the two dice that can result in these figures, namely 1 and 1, and 6 and 6. Thus, the craps true odds for two and twelve are 1:36. $1&$2 – $500 $500 max on Odds $500 max payout on Prop bets: Downtown Odds on Proposition Bets, $1 Minimum. Field Bets2 pays Double, 12 paysTriple. This may still be the place to test your system on a 25 cent table but tableminimum is sometimes at $2. Table opens most mornings at 9 AM. (4-09) SILVERTON: 3: 10x: $3 or $5 – $1,000 $2,000.
The Place Bet
The so-called Place bet is considered as a pretty simple one. To be precise, there are two different types; the first one is called “Place bet to win,” and the other, “Place bet to Lose”.
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Place bets could be made at any time during the game and offer fast action. In fact, when played online, such bets require no waiting time. Black jack odds. In addition, a great advantage is the fact that the bet could be made or taken down whenever the player wants, which is why it is called a “standing” bet.
When it comes to making a Place bet, players wager on the numbers 4, 5, 6, 8, 9, and 10. If they have chosen to put their wager on the “Place to Win bet”, the player bets on the probability of the shooter rolling any of the above-mentioned numbers before rolling a 7. On the other hand, when the “Place to Lose bet” is made, the player wagers on the chance for a 7 to be rolled by the shooter before rolling any of these numbers.
There are three possible outcomes of such a bet. First, the place number could appear, and then the player wins. Then, the player loses his bet if a 7 appears. The third outcome includes any other number that could appear apart from the place numbers and the 7, this would mean nothing in terms of winning or losing.
Sometimes, players who use the place bet use all of the aforementioned numbers for maximum action. This strategy, however, is not consistent enough which makes it inappropriate for long-term betting. In addition, the player would need a large bankroll in order for him to cover all six winning numbers.
Place Bet Payout Options
Craps Bet Payouts
This type of craps bet offers payouts that are quite good, especially in comparison to the ones provided by other craps bets. As a matter of fact, the payouts are nearly identical to true odds but are usually a bit smaller.
The actual odds of rolling a 4 or a 10 are 2 to 1. When the shooter throws a 5 or a 9, the odds equal 3:2, while the odds of them throwing a 6 or an 8 are 6:5.
As already mentioned, the payouts of winning Place bets are pretty good. The payouts for rolling a 4 or 10 are 9 to 5. players get 7:5 for rolling 5 or 9, and 7:6 for rolling 6 or 8.
Regardless of the fact these payouts seem relatively good, they are slightly lower in comparison to the ones of true odds. In addition, the house edge varies depending on the combination rolled.
For example, the casino advantage is the largest when a place 4 or 10 is rolled and amount to 6.67%, which is a pretty high house edge. When a place 5 or 9 has come out, the casino advantage equals 4.00%, while the house edge is the lowest for rolling out a place 6 or 8 – 1.57%.
As evident, the house holds a substantial advantage over the player who has chosen to use a Place bet, especially on the outside numbers. Of course, all of these numbers could be covered through the pass line or come box. In case that they are played with the Free odds bet, they would provide the casino with less than 1% advantage. However, there is a difference when played with the Place bet, as the player is given the chance to select the number and go directly to it.