Craps House Edge and Odds: How to Calculate Your Chances of Winning

In craps, the Pass Line Bet is by far the most typical bet. The point is rolled (4, 5, 6, 8, 9, or 10) before a 7 is rolled, or if the shooter rolls a 7 or 11 on the come-out throw, it wins. The Pass Line bet yields chances of 251/495, or roughly 50.7%.

The proportion of each bet that the casino anticipates keeping over the long term is known as the "house edge" in craps. Knowing the house edge will allow players to make educated choices about their bets. In the long run, players will come out ahead if they place their money on a bet with a smaller house edge than the one they're considering.

Betting on the odds is an option in addition to the Pass Line, Don't Pass, Come Bet, and Don't Come Bets. There is no house edge and the payment is in line with the player's chances of winning. The house edge on Pass Line and Come Bets can be reduced by making an Odds Bet as well.

Players can bet "Any 7," meaning they think the next number rolled will be 7. The payoff chances are 4 to 1, but the house edge is very high at 16.67%. Since the odds of winning are low and the house edge is high, betting on this result should be deemed high-risk. The casino stands to gain a sizeable profit from each bet placed on this outcome.

Place Bets are bets on the 4, 5, 6, 8, 9, or 10 numbers that win if rolled before a 7. Similar to a Pass Line Bets, a Come Bet is placed after the come-out roll. If the shooter then rolls a 7 or 11, or if they roll the point before rolling a 7, then the Come Bet wins. Come Bets have the same chance of winning as Pass Line Bets.