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Free Odds Bet – How to Play Craps Pt. 8
The free odds bet in craps is the very best bet the casino offers. Itβs on the craps table, but it isnβt marked anywhere. Itβs kind of like ordering a special thats not on the menu.
When you make an odds bet, the casino pays out at the true odds, making it a zero house edge bet. Unless you are a skilled card counter in the game of blackjack, you cant do better than the odds bet in craps.
Hereβs how it works, it is a extra wager that is added to a flat bet on the pass, donβt pass, come or donβt come.
There are rules for the odds bet. It must be made in multiples of the flat bet, and there is always a limit.
While the pass line and come are contract bets and cannot be removed. The odds bets can be removed at anytime. The casinos will happily allow you to remove your odds because they have a zero house edge, but there isnβt a good reason that you should ever do so.
There is something important about the odds bet you should understand. Making an odds bet DOES NOT INCREASE YOUR CHANCE OF WINNING. It does not change the probabilities that your point number will be rolled before the seven.
The Free Odds bet is a great deal when you put money on it that you were going to bet anyway. If you were going to bet per round. It would be a better deal to bet on the pass line and back it up with in odds. The overall house edge is lowered and the chance of winning more increases but you are putting more money at risk in the short term.
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Laying odds may seem trickier than βtakingβ odds, but its really not. its just the exact opposite of the pass line/come odds bet. Its important you know the True odds of the numbers 6:5, 3:2, 2:1, when you do, its much easier!
Short answer = always bet in multiples of $6 on the points 6 and 8 / multiples of $3 on the points 5 and 9 / multiples of $2 on the points of 4 and 10
What I describe below is for a $5 minimum table, and example I give is for 3,4,5x odds table
Long answer=Β
On the point of 6 or 8, you take odds of $5 to win $6 (6:5), so the opposite would be, lay $6 to win $5 (5:6), so when laying odds, always bet in multiples of $6 on the points 6 and 8. ($6, $12, $18, $24 $30) *note $30 would be the maximum- $30 would win $25 or 5x your $5 don't bet – $6 would be the minimum so that the payout is at least the table minimum of $5
On the point of 5 or 9, Β you take odds of $6 to win $9 (3:2), so the opposite would be to lay $9 to win $6(2:3), so when laying odds, always bet in multiples of $3 on the points 5 and 9 ($9, $12, $15, $18, β¦β¦up to $30) *note $30 would be the maximum- $30 would win $20 or 4x your $5 don't bet. I would guess most people bet $15 to win $10 or $30 to win $20 just to keep it simple.
On the point of 4 or 10, you take odds of $5 to win $10 (2:1), so the opposite would be to lay $10 to win $5 (1:2), so when laying odds, always bet in multiples of $2 on the points of 4 and 10 ($10, $12,$14,$16, β¦β¦up to $30) *note $30 would be the max- $30 would win $15 or 3x your $5 don't betΒ
On a 3,4,5x odds table, maximum lay odds bets are always 6x your flat donβt bet. If you always lay max odds and are at a 3,4,5x table, that makes it super simple, just multiply flat bet by 6.
Hope this helps some, and stay tuned for a video π
Wouldn't placing pass odds on the 6 and 8 ONLY be better than placing pass odds on the 4,10 and 9 as well as the 6 and 8?
Do you avoid playing odds when the point is 4 or 10?
So a video game brought me here. However i can only bet equal to the origial bet. So my queston is is it still worth it?
Great vids – thanks so much.
I didnβt really understand the odds bets I was always betting 1:1 until I watched this earlier this month. Itβs where Iβve been making the most cash.
Thank you so much for the series, canβt wait to send your videos to my friends so they can get in on the action!
ππΎ
Maybe I missed this..but instead of pressing a place bet, why wouldn't you always just put odds on those bets?
Thanks for the vid…. I think I finally understand the odds bet..
What size chips you use?
With come bet odds, does the odds you make depend on the point established or the number your come bet moves to
For example, the puck is on 4, you place a come bet and that moves to the six. Can I now make an odds bet of Γ5 (as that is what the 6 is most commonly allowed) or only Γ3 as the puck is on 4 (and that is what the 4 is allowed)
Youre a legend
At 5:50, I don't see $6 in winnings on the pass line. I only see $5. Shouldn't there be a $1 chip on top of the $5 chip? And I don't understand how the house edge is eliminated completely if the house edge only gets reduced, like the frame shows at 2:57. Perhaps I misunderstood and the house edge never gets eliminated completely. I thought the idea was that it was the best bet on the table cause of no house edge. I may be confusing 'true odds' with 'house edge' and don't even realize it. And I'm not used to the word 'odds' as it relates to the amount bet. For example, if I make an odds bet of $6 instead of $5, that's consider 'even odds.' I only see it as an even number dollar amount that's been bet, not taking into consideration any 'odds' that apply to rolling a certain number on the dice. It seems like the word 'odds' is used in more than one context, depending on what's being discussed, either the roll of the dice, or the amount of money that's bet. Is that right?
so could this be considered a 3-2-1 odds (4-10 3chips 5-9 2chips 6-8 1chip) as i would have a low bank roll.
No even numbers end with "E"
They're "free" if your neighbor lets you place them behind his bet.
Wouldn't 2x the odds on the five and nine point numbers be be $12 cuz 1x odds is $6 ? Why couldn't you bet $8 on the 5 and 9 for a 2x odds bet. That comes out to a whole number with no change. Seems too simple am I right?
I'm trying to learn the payouts for my table I'm setting up at home. In this video I didn't see you explain the payout for the come and the odds on a come bet. There's was a clip of it being paid and looked like 1:1 for the come bet is the odds paid by the number it's on. So if it was a 5 it would pay 3:2. I think that's what it looked like in the video.
LOVE THS VIDEO.
I don't understand what there was in this vid that called for any thumbs down let alone 16. Go figure