The House Edge on Different Craps Bets
There are many bets to choose from when you play a game of craps. Interestingly enough, craps offers some of the worst and also the best bets there are in a casino. These craps wagers are quite a unique mix when you get to pick the ones that will spell fortune or bring disaster to your bankroll. Players can choose their bets wisely depending on how they wish to play this game.
Those who love to take their chances in the heat of the game may want to wager on the craps bets that have higher house edge but pay handsomely. On the other hand, those who want to take things conservatively will want to stick with craps bets that have lower house edges, just remember that these bets don't payoff as much as the riskier bets.
Here are the house edges each of the bets that players can make in craps:
The basic bets will usually count as one of the best wagers that players can make in a game of craps. The Pass Line and Come bets both have odds of one to one. These two wagers will have a house edge of 1.41%, pretty good compared to other bets that have much worse house advantage. But players still have better choice other than the two aforementioned wagers.
The don't pass and don't come bets in craps are slightly better than the pass and come bets coming with a 1.36% house edge. The odds of these two bets are on level with pass and come bets at one for one.
The best bets in craps will have to be the odds bets. There are four odds bets that players can make - pass odds, come odds, don't pass odds, and don't come odds. All these bets will have a zero percent house advantage.
The craps bets that have 11.11% house edge are the following: Yo, three, Hi-Lo, Craps, C&E, hard four, and hard 10. Bets on two and bets on 12 have a high 13.89% house advantage but come with a payoff at 30 for one.
Any seven has a tougher 16.67% house edge while house edge for the field bets range from 2.78% to 5.56%. The horn will have a house edge of 12.5%. The world bet is slightly higher with a 13.33% house edge.
The following craps bets all have 9.09% house edge: hard six, hard eight, big six, and big eight. Moving off to the place bets: place four and place ten have a 6.67% house edge, place five and place nine both have a 4% house edge, place six and place eight both have a 1.52% house edge. Lastly, all the buy bets and lay bets in craps have a five percent house edge.
These are the house edges for the different craps bets. Players may choose to take the risky but meaty bets with better payoffs or they may stay with the safer but modest paying low-risk wagers.