Bet In Craps

• Odds In Craps Bets
• Come Bet In Craps Strategy
• Best Bets In Craps And Why
• Horn Bet In Craps

Betting in craps comes in different forms and there are different types of wagers you can make. When it's your turn, you become the shooter. This means you're the one rolling the dice and you are required to make a Pass Line bet or a Don't Pass Line bet. This is a fundamental craps bet because it signifies a wager for the shooter to win. Types of Bets in Craps. Craps is a much easier game to learn than most people think. The basic premise is simple: you are betting on the outcome of the roll of two dice. The only thing that makes the game confusing is all the different types of bets you can place.

This post is necessary for the Real Craps Game video that will come this Thursday.

A few people have asked about more high stakes videos. Well, this Thursday, I will be posting a high stakes craps game that involves put bets. At first, I was going to do another high stakes video involving pass line+odds or come+odds. When it comes to high stakes bets, I refuse to give up too much advantage to the house. The problem with the RoadGambler method of play is that I've already done it three times on video; it was time for something new.

At the same time, as few people on various Facebook groups were asking about put bets. That's where I hatched the idea of a put bet video.

It is time to put out another high stakes game while also answering the question of, ‘what is a put bet?'

For the very short and simple explanation, skip to the very end.

WHAT IS A PUT BET?

A put bet is simply a pass + odds or come + odds combination where the player gives up the advantage of the come out roll. That's all there is to it.

Here is a pic from the upcoming game. This is $5250 worth of put bets. Like I said, it's going to be a high stakes game with yours truly playing it out for your entertainment.

For reference, the pass line or come bet portion of the bet is known as the ‘flat' because it pays even money.

Here is a close up that breaks up and shows the flat and odds part of the bet…

With standard pass+odds and come+odds betting, the player has a 2 – 1 advantage on the flat bet on the come out roll. On a put bet, the player gives up this advantage.

Reasons why Players May Prefer Put Bets

Players typically prefer put bets (over pass+odds or come+odds) for the same reason players prefer place bets.

Some players hate to see numbers rolled and not be paid.

Also, with a put bet, the player can select which number to bet and ‘put' that number. Players who believe in ‘trends' value the ability to select the number as a great advantage.

With a come bet, the player does not select the number; rather the dice selects the number.

WHEN TO USE PUT BETS OVER PLACE BETS

The following is the break even point for a put bet and place for each point is as follows.

• Point of 6 or 8, 5x odds
• Point of 5 or 9, 4x odds
• Point of 4 and 10…

• —If the commission is paid after the win, the player needs 19x
• —If the commission is paid before the win, the the player needs only 6x odds

(source: Wizard of Odds)

Note that the above is only true if the player has his or her odds working 100% of the time. If the player does not work the odds 100% of the time, the multiplier is higher.

Here is what I mean by the ‘break even point'…

On a place bet of 6 or 8, a $30 win on either number pays $35

On a put bet of 6 or 8, a $30 win on either number also pays $35.

Both bets pay exactly the same amount.

On a put bet of 6 or 8, the $30 bet is broken down into $5+$25. In such a bet, the flat pays $5 and the odds pay $30, for a total of $35. Remember that for this break even point to be true, the odds must work 100% of the time.

Minecraft bedrock edition mac. Xplan 3 5 9. Example of Why a Put Bet Can be Better than a Place Bet

Let's say the point is 6.

• —win will pay $70

• Put bet of $60, which is broken into $5 + $55 (11x odds)

• —the payout on a win will be $5 on the flat and $66 on the odds, for a total of $71

So on the same bet, the player wins an extra $1 for the same win-loss conditions as a place bet.

Let's use a higher multiplier than 11x. Let's assume the player is a high roller and plays on a 100x max odds table.

• —a win will pay $700

Odds In Craps Bets

• put bet of $600, which is broken into $10 + $590 (59x odds)

• —the payout on a win will be $10 on the flat and $708 on the odds, for a total of $718

So on the same $600 bet, the player wins an extra $18 for the same win-loss conditions as a place bet.

Let's do another example with another point.

Point of 5

• —win will pay $140

• put bet of $100, which is broken into $10 + $90 (9x odds)

• —the payout on a win will be be $10 on the flat and $135 on the odds, for a total of $145

So on the same $100 bet, the player wins an extra $5 for the same win-loss conditions as a place bet.

Let's use a higher multiplier for the same point of 5. Let's assume the player is a high roller and plays on a 100x max odds table.

Point is 5

• —win will pay $700

• put bet for $500, which is broken into $10 + 490 (49x odds)

• —the payout on a win will be $10 on the flat and $735 on the odds, for a total payout of $745

So on the same $500 bet, the player wins an extra $45 for the same win-loss conditions as a place bet. This means the player receives an extra $45 for doing nothing more than ‘knowing'.

This is another reason why 100x tables are so powerful. Many players argue that 100x odds games have no inherent advantage because, in the end, the 100x bettor and the $5 low roller will have the same, realized loss. Anydesk for macbook. But a 100x max odds table allows for players to ‘put' higher odds, which results in winning extra money for doing nothing more than having knowledge.

Why It's Important to Know the Break Even Multiplier

If you go below the break even multiplier, you are better off placing the number.

The following is an example of why…

Point is 5

• —win will pay $42

• put bet for $30, which is broken into $10 + $20 (2x odds)

• —the payout on a win will be $10 on the flat and $30 on the odds, for a total payout of $40

So on the same $30 bet, the player loses $2 on the put bet because the multiplier was not high enough. That's why it's important to know the break even multiplier.

If you are in doubt, then go with this imperfect rule across the board: your odds must be at least 5x in the points of 5, 6, 8, and 9 and do not put the 4 and 10. It's not a perfect rule, but it will prevent you from losing too much.

HOW TO MAKE A PUT BET

To play the put bet, tender your chips in the same way you would tender your chips for a place bet and say that you want to put the number.

The result of you saying ‘put' is that the position and stacking of your chips should look like a come bet.

You can put multiple points. If you put multiple points, it would avoid confusion (and is polite to the dealer) to cut out your individual puts first. For example, if you're placing 6 and 8, you can just tender $120 in one stack.

But if you put 6 and 8 for $50 each, cut your chips into two $50 stacks.

WARNING: if your bet is positioned and stacked like a place bet, then it's a place bet. You will be shorted on the payout if you do not verify that it is a put and not a place bet. Just for reference, here is what your put bet positioning should look like…

To make sure, ask your friendly dealer, is that a ‘put bet or a place bet?' I generally do not like yes or no questions in this case because the casino environment can be loud.

DOWNSIDE TO THE PUT BET

There are three major downsides to the put bet.

The first downside is that sometimes dealers are not familiar with put bets, and here can be confusion about what to do. You will see an example of this a couple of times in the put bet videos.

The second downside is that many casinos, where it would be advantageous to use put bets, do not allow put bets. That's really the main problem with put bets. They're hard to find.

The third problem is that put betting requires a rather stout bankroll to play for any period of time. Players on a limited bankroll – such as $100 – are not going to be able to use put bets, unless they want to have a very short stacked bankroll.

Addendum:

Reader Henry S. Chat mag bingo. asked two great questions about the put bet that requires me to add this downside, especially if you're the type of player who likes to move his or her place bet around.

The put bet is treated exactly like a pass+odds and come+odds combo. The player can call off or take down the odds portion of the bet, but the flat is a contract bet.

Similarly, if the player wishes to move their put bet number to another number, the player must pay for the flat portion of the new number. The ‘old' number would then have a name flat bet with no odds, and the player would play it out as it it had no odds.

Without spoiling too much of what is to come in the videos, you will see this in action in Part 2. Okay google little caesars. It will become very clear.

ROADGAMBLER THOUGHTS ON THE PUT BET

I prefer pass and come bets to the put bet.

Mathematically, pass and come + odds are still a better play. For the players who absolutely insist on the place bet, if the casino allows put bets, and the player is playing high enough of a multiplier, there is little reason to not use the put bet.

TL;DR

Put bets are simply the pass+odds or come+odds combination bet where the player foregoes the come out roll. The bet is paid exactly like how a pass+odds or come+odds would be paid.

The casino has the advantage on the flat bet portion of the put bet, but on the odds portion of the put bet, there is no house edge.

That's it!

If you're still confused, you will be able to watch actual putt bets in action this coming Thursday.

In the meantime, if you have any questions or comments, feel free to drop them in the comment section below.

Posted in: Craps, Gambling

Craps is a much easier game to learn than most people think. The basic premise is simple: you are betting on the outcome of the roll of two dice. The only thing that makes the game confusing is all the different types of bets you can place.

Most of these bets are straightforward, but it's just the fact that there are so many of them that make the game a little complicated. You don't need to know how each one works to enjoy playing the game, so it's not like you have to learn them all before you start playing.

The bets we would say you absolutely must understand are the pass line and don't pass wagers, the come and don't come wagers, and the odds bets. We explain these in detail below, and also provide information on all the types of bets. Here is a list of the bets we discuss below:

• Pass Line & Don't Pass Wagers
• Come & Don't Come Bets
• Odds Bets
• Place Win
• Place Lose
• Buy
• Lay
• Big 6 and Big 8
• Hardways
• Field
• Proposition Bets

The pass line and don't pass wagers are the most commonly placed bets in craps and also the most straightforward. A shooter will usually have to place one of them before making their come-out roll; and in some casinos, players must make one of them if they also want to place other wagers. These bets have to be placed before the come-out roll, and they both pay out at even money (1:1) when they win.

A pass line bet wins if the value of the come-out roll is 7 or 11 and loses if it's 2, 3, or 12. If it's any other value, then a point is established at that value, and the pass line wager remains on the table until the point is rolled again or 7 is rolled. If the point is rolled, the wager wins; if 7 is rolled, the wager loses.

A don't pass wager wins if the value of the come-out roll is 2 or 3 and loses if it is 7 or 11. If the value is 12, then the bet is pushed, neither winning nor losing. Just like the pass line bet, it remains on the table if a point is established. The don't pass wager loses if the point is rolled again and wins if a 7 is rolled.

Come & Don't Come Bets

These wagers are very similar to the pass line and don't pass bets, the main difference being that they are placed after the point is established rather than before. They can be a little confusing, so please make sure you fully understand the concept before placing them.

If the first roll after you have placed a come bet is a 7 or 11, then you win your wager. If a 2, 3, or 12 is rolled, then you lose. If any other number is rolled, this is the point for your come wager. So if a 5 is rolled, for example, then 5 becomes your point. Your wager stays in place and will win if a 5 is rolled again, and lose if a 7 is rolled. A come bet may be thought of as a personalized pass line bet, where the point number is established on the first roll after it has been placed.

By the same token, a don't come bet is like a personalized don't pass bet. It will lose if a 7 or 11 comes up on the first roll after you place it, and win if a 2 or 3 is rolled. Any other number establishes the point for your don't come wager, which will then stay in place until it either wins or loses. It will win if a 7 is rolled, and lose if the point is rolled.

Both of these bets are paid out at even money (1:1) when they win.

Odds bets are a bit like side bets that can be made after a point is established. They are essentially extensions of each of the four bets mentioned above. There are four different types:

• Pass Line Odds
• Don't Pass Odds
• Come Odds
• Don't Come Odds

You would place a pass line odds bet to complement your pass line bet following a point being established. It pays if the point is then rolled before a seven, and loses if a seven is rolled. The big advantage of this type of bet is that it's paid out at true odds when it wins i.e. there's no house edge. The payouts vary, depending on what the point is.

When you place a pass line odds bet, you are said to be 'taking the odds.' Because there's no house edge, the amount you can stake is limited. Typically, you can stake up to three times the amount on your original pass line wager, but some casinos allow more.

A don't pass odds bet is placed to complement a don't pass bet. It pays if a seven is rolled before the point, and loses if the point is rolled first. Bets of this type are also paid out at true odds with no house edge and, again, the payouts vary depending on what the point is.

You are said to be 'laying the odds' if you place a don't pass odds bet. The amount you can stake is limited in the same way as a pass line odds bet. Come odds and don't come odds bets are based on exactly the same principle. They just use the point that is established following a come or don't come bet.

Place win bets can be made after a come-out roll when a point has been established. They can be on any of the numbers 4, 5, 6, 8, 9 or 10, and they win if the number chosen is rolled before a 7. The payouts vary depending on which number you have chosen.

These are basically the opposite of place win bets. They can be on the same choice of numbers (4, 5, 6, 8, 9, 10), but with a place lose, you win if a 7 is rolled before the number you have chosen. The payouts again vary depending on which number is chosen.

A buy bet is largely the same as a place win in that you are betting on a specific number to be rolled before a 7. The difference is that the payouts are higher, with the trade-off that you have to pay a 5% commission. At some casinos, this commission is payable when you place your stake, and at others it's only payable if you win. The payouts once again vary based on which number has been chosen.

A lay bet is the opposite of a buy bet, and also comes with a 5% commission. With this wager, you are betting on a 7 being rolled before a specific number, in the same way as a place lose. It offers higher payouts than a place lose, which vary depending on the number chosen.

These bets are very straightforward, and both pay even money (1:1) if successful. A big 6 wins if any 6 is thrown before a 7, and a big 8 wins if any 8 is thrown before a 7.

Hardways

When a number is rolled as a double, it's said to have been rolled the hard way. A hard 8, for example, is a double 4. That is how wagers of this type get their names. They are pretty simple and are based on certain doubles being rolled before a 7.

You can bet on any of a hard 4, a hard 6, a hard 8, or a hard 10. If the relevant hard number is rolled before a 7, you win the bet. As with some other wagers, the payouts are determined by the number bet on.

Field

A field bet is always settled on the next roll. It will win if a 2, 3, 4, 9, 10, 11, or 12 is rolled and lose if 5, 6, 7, or 8 is rolled. It pays 1:1 unless a 2 or 12 is rolled, in which case it pays double (2:1).

Come Bet In Craps Strategy

A don't pass wager wins if the value of the come-out roll is 2 or 3 and loses if it is 7 or 11. If the value is 12, then the bet is pushed, neither winning nor losing. Just like the pass line bet, it remains on the table if a point is established. The don't pass wager loses if the point is rolled again and wins if a 7 is rolled.

Come & Don't Come Bets

These wagers are very similar to the pass line and don't pass bets, the main difference being that they are placed after the point is established rather than before. They can be a little confusing, so please make sure you fully understand the concept before placing them.

If the first roll after you have placed a come bet is a 7 or 11, then you win your wager. If a 2, 3, or 12 is rolled, then you lose. If any other number is rolled, this is the point for your come wager. So if a 5 is rolled, for example, then 5 becomes your point. Your wager stays in place and will win if a 5 is rolled again, and lose if a 7 is rolled. A come bet may be thought of as a personalized pass line bet, where the point number is established on the first roll after it has been placed.

By the same token, a don't come bet is like a personalized don't pass bet. It will lose if a 7 or 11 comes up on the first roll after you place it, and win if a 2 or 3 is rolled. Any other number establishes the point for your don't come wager, which will then stay in place until it either wins or loses. It will win if a 7 is rolled, and lose if the point is rolled.

Both of these bets are paid out at even money (1:1) when they win.

Odds bets are a bit like side bets that can be made after a point is established. They are essentially extensions of each of the four bets mentioned above. There are four different types:

• Pass Line Odds
• Don't Pass Odds
• Come Odds
• Don't Come Odds

You would place a pass line odds bet to complement your pass line bet following a point being established. It pays if the point is then rolled before a seven, and loses if a seven is rolled. The big advantage of this type of bet is that it's paid out at true odds when it wins i.e. there's no house edge. The payouts vary, depending on what the point is.

When you place a pass line odds bet, you are said to be 'taking the odds.' Because there's no house edge, the amount you can stake is limited. Typically, you can stake up to three times the amount on your original pass line wager, but some casinos allow more.

A don't pass odds bet is placed to complement a don't pass bet. It pays if a seven is rolled before the point, and loses if the point is rolled first. Bets of this type are also paid out at true odds with no house edge and, again, the payouts vary depending on what the point is.

You are said to be 'laying the odds' if you place a don't pass odds bet. The amount you can stake is limited in the same way as a pass line odds bet. Come odds and don't come odds bets are based on exactly the same principle. They just use the point that is established following a come or don't come bet.

Place win bets can be made after a come-out roll when a point has been established. They can be on any of the numbers 4, 5, 6, 8, 9 or 10, and they win if the number chosen is rolled before a 7. The payouts vary depending on which number you have chosen.

These are basically the opposite of place win bets. They can be on the same choice of numbers (4, 5, 6, 8, 9, 10), but with a place lose, you win if a 7 is rolled before the number you have chosen. The payouts again vary depending on which number is chosen.

A buy bet is largely the same as a place win in that you are betting on a specific number to be rolled before a 7. The difference is that the payouts are higher, with the trade-off that you have to pay a 5% commission. At some casinos, this commission is payable when you place your stake, and at others it's only payable if you win. The payouts once again vary based on which number has been chosen.

A lay bet is the opposite of a buy bet, and also comes with a 5% commission. With this wager, you are betting on a 7 being rolled before a specific number, in the same way as a place lose. It offers higher payouts than a place lose, which vary depending on the number chosen.

These bets are very straightforward, and both pay even money (1:1) if successful. A big 6 wins if any 6 is thrown before a 7, and a big 8 wins if any 8 is thrown before a 7.

Hardways

When a number is rolled as a double, it's said to have been rolled the hard way. A hard 8, for example, is a double 4. That is how wagers of this type get their names. They are pretty simple and are based on certain doubles being rolled before a 7.

You can bet on any of a hard 4, a hard 6, a hard 8, or a hard 10. If the relevant hard number is rolled before a 7, you win the bet. As with some other wagers, the payouts are determined by the number bet on.

Field

A field bet is always settled on the next roll. It will win if a 2, 3, 4, 9, 10, 11, or 12 is rolled and lose if 5, 6, 7, or 8 is rolled. It pays 1:1 unless a 2 or 12 is rolled, in which case it pays double (2:1).

Come Bet In Craps Strategy

Best Bets In Craps And Why

There are several different proposition bets available in craps, all of which are settled on the next roll. We explain each of these below.

It's worth mentioning that proposition bets come with higher payouts than previously mentioned options. The house edge is also higher, however, and players are generally advised to avoid them for this reason. However, there's nothing wrong with using them if you're willing to accept more risk in exchange for potentially bigger rewards.

Horn Bet In Craps

• Any 7 (Payout 4:1). Wins if 7 is rolled next.
• Any 11 (Payout 15:1). Wins if 11 is rolled next.
• Any Craps (Payout 7:1). Wins if any of 2, 3 or 12 is rolled next.
• Ace Deuce (Payout 15:1). Wins if 3 is rolled next.
• Aces (Payout 30:1). Wins if 2 is rolled next.
• Boxcar (Payout 30:1). Wins if 12 is rolled next.