Odds in the Game of Craps

These days you'll find fierce competition for the player's dollar, particularly at craps. Many casinos will allow you to make odds bets of double, triple, 5, 10, and even 100 times the amount of your pass-line bet. They generously offer this betting to get your business. So what does this mean to you? If you bet $5 on the pass line with 100-times odds, you can wager $500 behind it. As the amount of allowed odds increases, the house advantage decreases considerably. The following chart shows what the house advantage is with the amount of odds offered. Note how the house advantage diminishes as the odds increase. If you're prepared to play at 100 times odds, the house advantage reduces to practically nothing. Single Odds .8% Double Odds .6% Triple Odds .5% 5-times Odds .3% 10-times Odds .2% 20-times Odds .1% 100-times Odds .02% Odds of 10 times or 100 times sound really good for the player; however, think about what kind of bankroll you need to play at that level. A $10 pass-line bet with 10-times odds would require you to bet $100. A $25 bet requires $250 on the odds. Imagine what happens when you are allowed 100-times odds on those types of wagers?! Finding a casino with 100-times odds is very rare. In general the odds bet is a very good optional bet. The stickman will never solicit this bet because it aids the player and reduces the house advantage so much. Click to continue and read about craps definitions Back to top