Taking the Odds in Craps
The best bet at an online casino is the odds bet in craps because
there is no house edge. Let me repeat that for emphasis, there
is no house edge on an odds bet in craps. Here is a look at
the odds bet in craps and what makes it such a good wager.
The odds bet in craps is made after you make a pass line bet.
The bet is put behind the original pass line bet. We know that
the house edge on a pass line bet is 1.41% but there is no house
edge on the odds bet. Let’s explain. You are taking odds
on the point being made so if the point is 4 or 10 you are paid
2 to 1 which are the exact odds of a 4 or 10 coming up before
a 7. There is no house edge. You are getting true odds. If the
point is 5 or 9 you get 3 to 2 on your money which again, is
the true odds. If the point is 6 or 8 you are paid 6 to 5 on
your odds bet.
Many online casinos will allow you to take double, triple or
even 10x odds behind your original craps bet. As you take additional
odds you lower the overall house edge on your pass line bet.
For example, if you take single odds the house edge drops from
1.41% to 0.85 percent. Double odds drop the house edge to 0.61%.
The bottom line is to always take odds when playing craps as
it is the best bet in the casino.
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