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House edge craps 10x odds

Jul 14,  · Answer 1 of I keep reading about craps odds, and how if you bet the max odds, you're minimizing the house edge. But if you're already playing at a $10 minimum table, are you really prepared to lay out an . Knowing the house edge for craps bets can help you avoid the worst of the worst and focus on the best odds to follow. The House Edge on Craps Bets. Crap games have some of the widest house edge spreads of any casino game. On the good end you have no house edge on the odds bets and just % on the Pass Line.

The Free Odds Bet

Herein lies the reasonwhy you should shop for a casino that offers 5X, 10X, 20X or X table odds! I keep reading about craps odds, and how if you bet the max odds, you're minimizing the house edge. Airport- International arrivals- how long is the arrival process? See ourseparate article about odds. Now if the shooter rolls the point again,you not only win your Pass Line bet, you also win the Odds bet.

  Interesting Fact about casino

 

  •   Croupier's clothes are given out by the casino. There are no pockets there, so you can not hide or steal chips.
  •  The annual profit from the gaming industry in the US is 18 billion dollars.

The House Edge on Craps Bets

To understand why the Free Odds bet is so important you first have to understandthe house edge. In craps, the house edge on the Pass Line bet is 1. The house edge is the mathematical average for thelong run. Different bets carry a different house edge. The Free Odds bet carries no house edge. The casino makes no profit on thisbet. You make a Pass Line bet, and the shooterrolls a number to establish a point 4,5,6,8,9, or Now if the shooter rolls the point again,you not only win your Pass Line bet, you also win the Odds bet.

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The way the casino makes its profiton all other bets in the casino is by paying less than true odds. The true odds varies according to the point, and so the payoff varies as well. The amount you can bet on the Free Odds varies from casino to casino, and is postedon a sign on the table. Since the Oddsbet carries no house edge, it pays to seek out casinos that offer the maximum oddspossible. In Vegas you can get better odds downtown vs the strip; many downtowncasinos offer 10x Odds, or even better.

The exception on the strip is the Casino Royale , which offers an amazing x Odds on craps. The Free Odds bethas the effect of diluting the edge of the flat bet you have to make before youcan make the Odds bet. With Full Double Odds means the player can take 2. If the player takes the maximum oddsthen the payoff will conveniently be seven times the pass or come bet.

See ourseparate article about odds. With the Pass or Come you bet a smaller amount to wina bigger amount. Now you have the opportunityto make a Free Odds bet. To answer this question we have to back up a bit. The Free Odds bet is a good dealwhen you put money on it that you were going to bet anyway.

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I have heard that they're some casinos offering X Odds on craps now. Anybody here if this is true and if so where? What would the house edge, on these odds, be both on the Do's and Don'ts? Thank you for any help. Hi Alan Thanks for understanding what I was driving at.

I think I understood your answer. You obviously understand the math. Let's see if you understand the casinos. Now knowing that the HA is 0. Draw me a scenario you're comfortable with. I've been told flat out that my odds bets didn't count for rating purposes, regardless of their size. This was at Harrah's. Oct 18, Threads: October 18th, at 3: Feb 14, Threads: October 18th, at 4: Main Street Station Boyd downtown has 20X and good beer! Just go to Nextshooter. Aug 8, Threads: October 18th, at 6: The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one.

The happiness of credulity is a cheap and dangerous quality. May 24, Threads: October 18th, at 8: To expand on what mkl said, the Wizard has a table showing how different odds bets affect the HA on PL bets. It's on his craps page. Feb 13, Threads: October 19th, at 1: Cheers, Alan Shank "How's that for a squabble, Pugh? October 19th, at 3: October 19th, at 4: May 10, Threads: October 19th, at 6: I sense a distrubance

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Make sure to read all information on this page, before You play craps for money. We can predict the odds of any particular number coming up on a roll and why the craps rules are made how you will see.

You can figure this out by taking the number of ways a four can be made with two dice with a one and a three, a pair of twos, or a three and a 1 compared to the number of combinations that two dice can make, which is So we have a 3 in 36 chance, or 1 in 12 chance that a 4 will come up on any given roll. Craps rules, like so many other casino game rules, pay back odds which guarantee the house a profit in the long run.

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The odds against hitting a seven on the next roll are 5 to 1 you can calculate that out the same way we did for 4 , which means that if you bet one dollar and win, you deserve to win 5 bucks, but the casinos only pay you 4. Most bets in most games at the casino have been altered in this way.

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In fact, this is exactly the phenomenon that gives the casino a house edge in many situations. For instance, odds can be related either as or 2 to 1, where a 1 credit bet returns 2 credits. In other words, 2 to 1 odds returns the original 1 credit bet and a 1 credit profit. This is the most basic and popular of bets when playing Craps. If the point is rolled first, you win even money. If the 7 is rolled first you lose your bet.

This improves your odds of winning by removing the house edge and increasing your expected value. This is simply the opposite of the pass line bet and is also known as betting against the dice.

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