it is routine to see players throwing their money away on the higher house edge versions of the same bet. For example the place bet on 6, the buy bet on 6, and the big 6 all are betting that a 6 will be rolled before a 7 but pay 7:6, 24:21, and 1:1 respectively, for house edges of 1.52%, 4.76%, and 9.09%. Specific descriptions of the various bets are below.
Big 6: A bet that a 6 will be rolled before a 7. Pays even money, house edge of 9.09%.
Big 8: same as the Big 6 only that an 8 will be rolled before a 7.
Buy Bets: This is essentially the same as the place bet, only with a different payoff. The player may "buy" any of the points (4, 5, 6, 8, 9, and 10), which means to bet that the number will be rolled before a 7. When making a buy bet you must pay a 4% commission and your bet will pay fair odds if it wins. Fair odds are 2:1 on the 4 and 10, 3:2 on the 5 and 9, and 6:5 on the 6 and 8. Another way to look at it is that the buy bet pays 48:25 on the 4 and 10, 36:25 on the 5 and 9, and 144:125 on the 6 and 8. The pay out on all bets will be rounded down to the nearest quarter. The house edge on all buy bets is 4.76%.
Hard Ways: There are four different hard way bets. For example a hard 4 bet is betting that a pair of twos will be rolled before a 7 or any other way to roll a total of 4. This is called "the hard way" because it is harder to roll two twos than a one and a three. Likewise you can bet on a hard 6, 8, or 10, each of which is a bet that the hard way of rolling the given number will occur before a 7 or any "easy" way.
The casino pays 7:1 on a hard 4 or 10 with a house edge of 11.11%.
The casino pays 9:1 on a hard 6 or 8 with a house edge of 9.09%.
Lay Bets: The lay bet is the opposite of the buy bet and the same as the place bet to lose but with different paybacks. The lay bets may be placed on the 4, 5, 6, 8, 9, or 10. The bet itself is that a 7 will be rolled before the number you choose. Because the 7 is the most likely number to be rolled you will wager more than you can win. The player must pay a 4% commission on the possible winnings and the fair odds are paid on the bet itself. Fair odds are 1:2 on the 4 and 10, 2:3 on the 5 and 9, and 5:6 on the 4 and 8. Another way to look at it is that lay bet pays 12:25 on the 4 and 10, 16:25 on the 5 and 9, and 12:15 on the 6 and 8. The house edge on the 4 and 10 is 2.44%, on the 5 and 9 it is 3.23%, and on the 6 and 8 it is 4.00%. Note that the house edge on the lay bet is lower than the place bet to lose on the 4 and 10 only, if you want to make a lay bet on the 5, 6, 8, or 9 you would be advised to make a place to lose instead.
Place Bets: This is very similar to laying odds. You may bet on a 4,5,6,8,9, or 10. If the number you bet on is rolled before a 7 then you win according to payoff schedule below. Unlike laying odds you don't need to have a pass line bet, you don't have to bet on the point, but there is a house edge.
A place bet on 4 or 10 pays 9:5 with a house edge of 6.67%, you bet $10, win $18
A place bet on 5 or 9 pays 7:5 with a house edge of 4.00%, you bet $10, win 14
A place bet on 6 or 8 pays 7:6 with a house edge of only 1.52%, you bet $12, win $14
When a place bet wins, you are paid your winnings and your original bet is returned. You may take back an active place bet at any time.
The table below is a summary of the various place number bets for quick comparison
|Big 6||6 before 7||1:1||9.09%|
|Big 8||8 before 7||1:1||9.09%|
|Buy (4)||4 before 7||48:25||4.76%|
|Buy (5)||5 before 7||36:25||4.76%|
|Buy (6)||6 before 7||144:125||4.76%|
|Buy (8)||8 before 7||144:125||4.76%|
|Buy (9)||9 before 7||36:25||4.76%|
|Buy (10)||10 before 7||48:25||4.76%|
|Hard 4||Hard 4 before 7 or easy 4||7:1||11.11%|
|Hard 6||Hard 6 before 7 or easy 6||9:1||9.09%|
|Hard 8||Hard 8 before 7 or easy 8||9:1||9.09%|
|Hard 10||Hard 10 before 7 or easy 10||7:1||11.11%|
|Lay (4)||7 before 4||12:25||2.44%|
|Lay (5)||7 before 5||16:25||3.23%|
|Lay (6)||7 before 6||12:15||4.00%|
|Lay (8)||7 before 8||12:15||4.00%|
|Lay (9)||7 before 9||16:25||3.23%|
|Lay (10)||7 before 10||12:25||2.44%|
|Place (4)||4 before 7||9:5||6.67%|
|Place (5)||5 before 7||7:5||4.00%|
|Place (6)||6 before 7||7:6||1.52%|
|Place to (8)||8 before 7||7:6||1.52%|
|Place to (9)||9 before 7||7:5||4.00%|
|Place to (10)||10 before 7||9:5||6.67%|
A field bet is a one-roll bet. If the shooter rolls a 2, 3, 4, 9, 10, 11 or 12, you win even money with the exception of 2 which pays 2:1 or 12, which pays either 2:1 or3:1. Please see below for more explanation on field bets under Proposition Bets.
The Proposition Bets
Proposition bets either win or lose on the next throw. In general these have the highest house edge of all the craps bets and for the player with any sense are to be avoided completely. Specific descriptions of the various bets are below.
Craps 2: A bet that a 2 will be thrown on the next roll. Pays 30:1. House edge 13.89%.
Craps 3: A bet that a 3 will be thrown on the next roll. Pays 15:1. House edge 11.11%.
7: A bet that a 7 will be thrown on the next roll. Pays 4:1. House edge 16.67%.
11: A bet that an 11 will be thrown on the next roll. Pays 15:1. House edge 11.11%.
Craps 12: A bet that a 12 will be thrown on the next roll. Pays 30:1. House edge 13.89%.
Any Craps: A bet that the next roll will be a 2, 3, or 12. Pays 7:1. House edge 11.11%.
Field Bet: This is a one time bet that the next roll will be a 2,3,4,9,10,11, or 12. The 3,4,9,10, and 11 pay even money. The 2 pays 2:1. The 12 usually pays 3:1 but some tight casinos only pay 2:1. If the 12 pays 2:1 the house edge is 5.56%, if the 12 pays 3:1 the house edge is 2.78%. On the surface this seems like a great bet because 7 numbers win and only 4 lose. However the 4 that lose are much more likely to be rolled.
Clicking on the Roll button after placing a bet starts a new round.
Clicking on the Repeat button will repeat all the bets made on the previous round that can be validly placed now.
Clicking on the Clear button removes all the bets on the table that can be removed.
Most bets can be removed, added to, or deducted from at any time. Exceptions would be the pass and come bets, and you cannot exceed the maximum bet on the odds.
Look here to find the minimum and maximum total of the bets allowed.
When moving the cursor over the bet regions a yellow “tag” will appear that gives the name of the bet, the current amount placed for that bet, and the minimum and maximum amounts that can be placed on that bet.
If a green highlight appears in a region, that indicates this bet can be added to (changed). If a red highlight appears, this bet cannot be increased (but sometimes can be removed).
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