So from the Blackjack table, he suggests moving on to the dice game Craps, the game with the second best odds, also nearly 50-50. The Craps table can be a bit intimidating for the beginner with. Best Odds Craps Casinos in Las Vegas Casino Royale Craps on the Strip. The Casino Royale on the Las Vegas Strip offers 100X odds on their two craps tables. Their betting limits at the craps table range from a minimum bet of $3 to a maximum bet of $500, and the maximum odds bet you can place is $2500 per bet. They pay 7-6 on the 6 & 8, 7-5 on the 5 & 9, and 39-20 on the 4 & 10. Lay bets pay true odds, but player must prepay a 5% commission, based on the possible win. This works out to odds of 19-25 on the 6 & 8, 19-31 on the 5 & 9, and 19-41 on the 4 & 10. If the player selects 'keep bets working,' then all bets will be on for come out rolls. In the US, this rate is set at around 99% for table games (Roulette, Baccara, BlackJack, Craps, etc.) and around 97% for slot machines (including video poker). It is also checked by technicians approved by the Casino Control Commission.
The game of craps has a reputation for offering some of the best odds of all casino games. Unless you play perfect Basic Strategy at blackjack or perhaps count cards, you can't beat the Pass Line (or Don't Pass Line) with odds for a friendly bet at the casino.
In fact, when a casino offers 3-4-5 odds on line bets, the overall house edge falls below one-half of one percent! That's a very tiny amount, and one that can keep you happily playing craps for hours at your favorite casino, unless you veer off-track and place bets all over the layout.
The genius of craps is that waiting for a decision on a Pass or Don't Pass bet can take a long time. A good hand at craps might be 15 or 20 rolls, and players get anxious and antsy. Then they make proposition bets that tank their good odds and send their bankrolls screaming into the night!
Electronic Craps Machine Odds
Some players turn to crazy craps systems to stem the flow of chips away from their pockets thinking that something like the Colonel's Craps system will help, but systems just reroute the wagers. They can be successful and fun, but the house still has the edge. The only way to beat the game of craps for any period of time is to stay will low house-edge bets and catch a lucky shooter or a hot game and press your wagers while good luck is on your side.
If you were introduced to a new table game called Any 7 where you knew the house edge was 16.7-percent, would you play it? There are six ways to roll a 7 and 30 ways to roll something else. It's a one-roll wager. You'll win once in 6 rolls and get paid 4-to-1 odds. Wanna play?
Some players turn to crazy craps systems to stem the flow of chips away from their pockets thinking that something like the Colonel's Craps system will help, but systems just reroute the wagers. They can be successful and fun, but the house still has the edge. The only way to beat the game of craps for any period of time is to stay will low house-edge bets and catch a lucky shooter or a hot game and press your wagers while good luck is on your side.
If you were introduced to a new table game called Any 7 where you knew the house edge was 16.7-percent, would you play it? There are six ways to roll a 7 and 30 ways to roll something else. It's a one-roll wager. You'll win once in 6 rolls and get paid 4-to-1 odds. Wanna play?
Lo Playing The Craps Machine Odds
Probably not! However, players make the Any 7 bet all the time during a craps game. They also bet on long-shot wagers like boxcars (12) and snake eyes (2), where the house takes an average of nearly 14-percent. Sure, an occasional Hardway bet is fun, but it's going to drain your bankroll fast. Take a look below at the edge the house has on the wagers available at a craps game. Then, next time you play, try and keep your bets in the area of 5-percent or lower. You'll thank yourself in the morning.
Bubble Craps Machine Odds
Craps House Edge
