Advanced craps betting
A guide with winning strategy tips for the advanced craps player. Breaking down advanced craps betting does not have to be difficult, and here we do it for some of the best non-standard wagers available in the game. "Advanced Craps Payoff's" are NOT for amateurs. These are higher risk bets that are not suitable for the inexperienced craps player. These are higher risk bets that are not suitable for the inexperienced craps player.
Advanced Craps Guide
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Advanced Craps Betting
Breaking down advanced craps betting does not have to be difficult, and here we do it for some of the best non-standard wagers available in the game. There is no way to deny that craps is a difficult game with a lot of different betting options. The biggest danger with a game like this is in accidentally taking bets that have a huge house advantage.
With that having been said, there are also some non-standard bets that can give you pretty good odds without having to stick to the relatively boring pass line bet. A place bet is a wager that wins if your chosen number one of the six place numbers comes up on the next roll, and it loses if a seven comes up.
Here are the three sets of place number bets along with their payouts and the house advantage per roll of the dice:. If you want to bet on a total of 7 coming before a specific place number, then you can bet on the place to lose wagers instead.
They work exactly the same as the place numbers except the winning and losing conditions are reversed, and the odds are a little different. As is the case with the place bets, wagering against a total of 6 or 8 has the best house advantage, but all of the place to lose bets have competitive house edges compared to other craps bets. For the sake of clarity, a place to lose bet is a wager that wins if you get a seven, loses if you hit the number you wagered against and pushes on all other values.
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If you've already read the information on the first two pages then this "advanced play" page will be easy for you because it's essentially just more of the same. Come bets can be placed in addition to a Pass Line bet and act just like a Pass Line bet. However, opposite of the Pass Line bet, Come bets can only be placed after a point has been established.
The "why" and "when" of Come bets are addressed below. It is called a "Come bet" because when you place this bet, the next roll is a "come-out roll" for you only. The dealer will move your bet to the number on the layout that coincides with your Come point see below.
What is the advantage of placing Come bets? If you place a Come bet and establish a Come point, you essentially have two points "working", your Come point and the shooter's point via your Pass Line bet. Lets say the shooter's point is 5 there are four ways to roll a 5 and your Come point is 8 there are five ways to roll an 8. Having these two points working means there are nine ways to roll a winner for you vs six ways to roll a 7. However, the disadvantage of placing Come bets is that if a 7 is rolled, you lose both your Pass Line bet and Come bet placed on a Come point.
When would you want to place Come bets? If a table or shooter gets hot and shooters are making point after point without throwing a 7, Come bets let you leverage this "hot-ness" by having multiple points working. As matter of fact, when one Come bet is moved to a number corresponding to a Come point, you can place an additional Come bet. You can do this until all of the "point numbers" 4, 5, 6, 8, 9, 10 , except the shooter's current point, have Come bets on them.
It wouldn't make any sense to place a Come bet on the shooter's current point number because that would just duplicate your Pass Line bet. Just like a Pass Line bet, you can "back up" a Come bet with an Odds bet once your Come point is established. If you're fast enough, you can simply lean your Odds bet chips at an angle against your Come bet chips before the dealer moves them to the number on the layout corresponding with your Come point.
Simply stated, a put bet is a pass line or come bet that is made after a number has been established. It is like the place or buy bet in that you can make it at any time for any point number. To better understand all the implications, examples of the several types of bets are shown below. It should all become clear after seeing these examples. Some explanation of the bets mentioned below might be in order for those who are not intimately familiar with them.
A place bet can be made at any time. Depending on the number being placed, the bet should be a certain multiple to maximize the amount of a win. For example, a place bet on the 4 or 10 pays 9: A place bet of the 5 or 9 pays 7: A place bet on the 6 or 8 pays 7: A buy bet can also be made at any time. How the buy bets are handled varies greatly from casino to casino. There are two types of buy bet. One, is where the commission is paid only on a win.
The other is where the commission is paid at the time the bet is made — win or lose. Obviously, the buy bet with the commission on wins only has a lower house edge. The bet amount at which the amount of the commission increases varies greatly. Because of that wins are rounded. Keep in mind that many casinos do not allow 10 times odds or greater. Notice that even with 20 times odds, it is still better to buy the 4 or 10 if the vig is paid on wins only.
Also, keep in mind that with a put bet there is normally considerably more money at risk with a put bet, so volatility is a factor. Please note that a buy bet is not reasonable for the 6 and 8 because of the low house edge of 1. There you have it. For the 4 and 10, the put bet is only preferable at 20 times odds or more if the buy collects the vig up front. You would need odds of 25 times to equal the same house edge as a buy bet with the vig on the win only.
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