Craps is found in all Las Vegas casinos that have more than a handful of table games. The rules are generally the same from one casino to another except for the odds permitted online bets and whether the Field pays double or triple on 12.

1. You can use probability to figure out the odds of winning and losing in the popular casino dice game of craps. In the game of craps, on your first roll (called the come out roll), three outcomes are possible: Natural: Rolling a total of 7 or 11 — automatically wins. Craps: Rolling a total of 2, 3, or 12 — automatically loses.
2. CRAPS ODDS Odds describes the number of times something won’t happen next to the number of times it will happen. If an event is determined to have 1 to 1 odds, that means the event has an equal chance of occurring or not occurring. Craps is played with a pair of dice.
3. Most craps tables on the Las Vegas Strip offer 3/4/5 times odds. This means that a player can wager three times the flat bet on a 4 and 10, four times on a five and 9, and five times on a six and eight. The maximum win with odds on any of these numbers equals six times the flat bet.

Low rollers will feel right at home with online craps, which offers $1 minimum bets combined with 1x-3x odds. High rollers should consider heading to Vegas, where odds range from 10x-100x. Whatever the case may be, every craps player should keep odds in mind so that they can boost their chances of winning.

Craps Bet Odds Calculator Win

Las Vegas Craps Minimum Bets

Las Vegas craps minimum bets range from $1 to $50. Here is a list of all Las Vegas casinos that spread craps with its minimum bet. These minimum bets were recorded on weekdays. Higher minimum bets may be found during peak hours.

Las Vegas Craps Odds

Most craps tables on the Las Vegas Strip offer 3/4/5 times odds. This means that a player can wager three times the flat bet on a 4 and 10, four times on a five and 9, and five times on a six and eight. The maximum win with odds on any of these numbers equals six times the flat bet. A notable exception is The Cromwell, where players may take odds for up to 100 times the original wager.

Downtown Las Vegas and the locals market tend to spread 10 times odds. There are some exceptions. Below is a list of each odds grouping with the amount permitted by each house.

There are also alternatives to playing Craps for real money if you are not in Las Vegas. Check out our live casino page to find out more about playing craps online.

Complete Las Vegas Craps Survey 2019

Craps Bet Odds Calculator 2019

Even if it sounds difficult, calculating craps odds can actually be quite simple. Before we get started, lets look at a few assumptions we must make. We need to assume that we are using two identical six-sided dice. We need to assume that each roll of the dice is perfectly random. Even though some people might disagree with these assumptions in a 'real world' environment, we are going to say that each side of the dice is as likely to appear as any other side of the dice. The first step is figuring out how man possible outcomes any roll of the dice could have. Each die has six sides, and thus six outcomes. Because each of the outcomes of one die can coincide with any outcome of the other, we multiply six by six, which is thirty-six. This is how many total outcomes there are in a craps roll. In the table below all of the dice combinations and odds are displayed.

Craps Bet Odds Calculator Cheat

So we now know that there are a total of 36 combinations, and we know the number of combinations that can make up each specific number from 2-12. This is all of the information we need to calculate the odds. There is not too much math involved in calculating the odds for a specific number. You just take the number of possible outcomes (36), and divide it by the total number of possible combinations. Simplify the result and subtract one from the value. Set this number before a colon and a '1' and you are done. For example, the odds a seven appearing would be calculated like this... There are 6 ways to roll a 7. (6,1) (1,6) (5,2) (2,5) (4,3) (3,4). There are a total 36 possible outcomes. It really is that simple. In the example above, the odds would be read 'The chances that a seven will appear is five to one.' This means that for every way to roll a seven, there are five ways not to roll a seven. The Connection Between Odds And Edge When casinos designed the game of craps, they used this same basic calculation to figure out how likely any single event was. To guarantee a long term profit, casinos payout slightly less than the fair odds that would be normally expected, and this discrepancy is where the house edge is formed. For instance, there are 35:1 odds that a 2 or 12 will be rolled in any given toss.

Craps Bet Odds Calculator Results

If the casinos were perfectly fair, you would receive $35 for a $1 winning one-roll bet on 2, or 12. Because casinos expect to make a profit though, they would really only payout $30 (30:1). In the long run, for ever $35 they receive, they will only have to pay out $30. This difference is the house edge, and the smaller the difference, the smarter the bet. When you use a betting system like the Iron Cross you are usually combining multiple craps bets. You can take the odds for each specific bet though, and combine their house edges to find the overall house edge. To do this you have to take the weighted average of all of the house edges. Here is the formula and an example to show you how it is done. You make a $5 pass line bet, a $10 place bet on 4, and a $8 one roll bet on 7. Passline's house edge is 1.41%, the Place Bet's is 6.67%, and the one roll bet carries a 16.67%. We need to multiply each of these edges by the amount of money bet on them; then add all of these numbers together. Then take this number and divide it by the total amount of money wagered. All your doing is putting more weight on the bets with more money, and less weight on the smaller bets. If you're going to play craps online, you're going to need to know how to do more than just calculate craps odds. There's picking an online casino, making deposits, and dealing with international companies. Check out their Online Craps guide to get all of the gambling information you need. If you don't take advantage of this opportunity, don't be surprised when you're unprepared to play craps online.