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The Benefits And Drawbacks Of Craps Odds Bets

The Benefits And Drawbacks Of Craps Odds Bets

Craps is a very popular casino game. Whether you are playing in a brick-and-mortar casino or a live casino, the thrill around the craps table is entirely different. But have you ever wondered about craps odds, whether they are good or bad? If you are a new player and trying your hand at the craps table, you must understand all the different bets and terms related to the game, so you can place the right bet and enjoy the game.

The Game Of Craps

Before diving into the odds, you must know about the game of craps. It is a table game where every player gets to participate. There is no dealer to shuffle the cards for you or a croupier to throw the ball. It is a table which is marked with different numbers and areas.  You have two six-sided dice in your hand, which you throw. Before throwing the dice, you place a bet on a number and try to roll out the desired number with the two dice. In the online casinos, you only have to hit the roll button. 

The person who throws the dice is called a shooter. Every person at the table is passed the dice in a counter-clockwise direction. Every player, including the shooter, places a Pass Line or a Don’t Pass Line Bet. When the shooter rolls the dice for the first time, it is called a come-out roll.

What Are The Craps Odds Bets?

If you have understood the game, this is the time to understand the craps odds bets. They are also referred to as side bets. The odds bets are placed other than the Pass Line or Don’t Pass Line wager and relate to the point numbers, not the original bet. As a result, these odds bets pay differently on rolling out different point numbers. The best thing is that there is no house edge on these bets. 

The payouts of odds bets are-

Pass Line Bets

2 to 1 on points 4 and 10

3 to 2 on points 5 and 9

6 to 5 on points 6 and 8

Don’t Pass Line Bets

1 to 2 on points 4 and 10

2 to 3 on points 5 and 9

5 to 6 on points 6 and 8

The process of playing craps in an online casino differs slightly from a land-based casino. In the latter’s case, you need to inform the dealer that you are betting the odds. On the other hand, you only have to put your odds chips in the correct position in live casinos, and the software will acknowledge it as craps odds.

You can place any odds on your bets. There is a limit on the odds size in some casinos, while others allow you to bet as much as 100x your wager. The house edge keeps decreasing based on your odds size.

The Benefits And Drawbacks Of Craps Odds Bets

Benefits Of Craps Odds

Here are the reasons why you can place your bet on the craps odds.

No House Edge

While every game, whether you play it offline or an online casino, has a house edge, the odds are free from it. Your initial wager will be subject to the house edge, but you can place a large odds bet without worrying about the house edge.

More Excitement

The excitement of playing a game without house edge makes players happier, increasing the thrill around the table.

Best Opportunity to Make Some Money

There are several games in casinos, including online blackjack, online roulette, poker, baccarat, Slots, etc., but all of them have a house edge, be it smaller. The only chance you have of playing without any house edge is craps odds bets. You can double your bets in a matter of minutes, and that too, apart from the initial wager.

Drawbacks Of Craps Odds

Here are some of the reasons why you may not like craps odds.

You Enjoy A Lesser Playing Time

In craps odds bets, you need to place your initial wager as well as the craps odds. It decreases your bankroll quickly, and you get to spend a lesser fun time at the table.

You Need To Place Large Bets

If you are budget conscious and only have a few dollars on hand, you may not like it. The craps odds bets require you to place multiple of your initial wager. Say you only have $50 to play. You bet $5 on your initial bet and x3 on odds; here goes your $20.  Thus, it can be expensive, and you need to be more careful.

The House Edge Is Still There

Many people bet on odds believing that there is no house edge but remember that your initial wager is still subject to the house advantage. It will still impact your odds bets. 

Conclusion

With the advent of mobile casinos, everyone can play casino games from home. If you also want to try your hand at these games, acquire the knowledge first, practice it, and then try your luck. This guide will help you learn about the craps odds and how you can use it to your advantage.