Types of Craps Bets

The 6 and 8 pay out 6:5 or $6 for every $5 wagered. 5 and 9 pay out 3:2. 4 and 10 pay out 2:1 odds. Note that these payouts are only for the odds bet. The original Pass/Come line bet will still be paid 1:1 if it wins. I will explain the bet using the image below. First I made a pass line bet and the shooter rolled a 4 on the come out roll. Take a look at the Win Bet Payout Table below to find out the minimum win bet payouts depending on the post time odds of a horse. Table includes $2, $5 and $10 win bet denominations along with post time odds ranging from from a 1/9 heavy favorite all the way to a 99/1 longshot. The parlay calculator returns the true odds payout. For example, a three team parlay at -110 returns just under 6 to 1. Return to top of page. Aug 07, 2017 For instance, on a 4-team parlay, going 3-1 is no different than going 0-4. You lose in either case. However, if you’d placed 4 individual bets and won 3 while losing 1, you would make a decent chunk of change. But you would have saved yourself a lot of money by betting the combo instead of placing 4 individual bets if you went 0-4.

This is the most powerful bet in all of craps. In order to play the free odds bet, you must have wagered on the pass line bet or the come bet. If the shooter has not rolled a craps number (2, 3, or 12) or a 7 or 11, then there must be a point number established (4, 5, 6, 8, 9, or 10). Once the point has been established, players can have access to the pass odds bet or come odds bet (also just known as free odds).

Players may wager on the free odds bet in multiples of their original pass/come bet amount. Most casinos allow multiples of 1x, 2x, or 3x. Casinos in Las Vegas for example will allow players to wager 10x, 50x and even 100x odds bets. The rule of thumb is this: The more money you bet on the odds bet, the lower the house edge becomes in your overall pass/come bet that you originally made.

The odds bet itself pays out true odds, meaning there is a 0% (yes zero) house edge. There is not a single game you will ever find at the casino that will offer no house edge. It is as if you are betting head or tails on the flip of a coin. This means totally fair odds. This bet wins when the shooter rolls the point number before a 7.

Remember, the number 7 is the most frequently rolled number. Then 6 and 8 are the next two frequent, followed by 9 and 5, then 4 and 10 with the least frequent of the point numbers. The 6 and 8 pay out 6:5 or $6 for every $5 wagered. 5 and 9 pay out 3:2. 4 and 10 pay out 2:1 odds. Note that these payouts are only for the odds bet. The original Pass/Come line bet will still be paid 1:1 if it wins.

What Will 4 5 Odds Pay

I will explain the bet using the image below. First I made a pass line bet and the shooter rolled a 4 on the come out roll. The number 4 become the point number (noted by the puck that now says 'ON'). Then the dealer moved my chips up to that area of the layout and I made a 1x multiplier free odds bet (so there are two $88 chip stacks now), which gets placed right next to the chips that the dealer moved up there. I will win both bets if the dealer rolls another 4.

The Free Odds bet has some weird payouts. You get paid 2:1on a point of 4 or 10, 3:2 on a point of 5 or 9, and 6:5 on a point of 6 or 8.

To make the payouts simpler, some casinos are now offering 3-4-5x Odds, in whichthe payout is always seven times the amount of the Pass or Come wager, assumingthe player takes the maximum odds. But in order to simply the payout they had tomake the wagering more complicated. The maximum for your Free Odds bet depends onthe point: 3x on the 4 or 10, 4x on the 5 or 9, and 5x on the 6 or 8. Are 3-4-5Odds good or bad? It depends on how you play:

• If you don’t take the maximum odds when you play then you’re throwing yourmoney away anyway and it doesn’t matter what table odds the casino offers.
• If you take full odds and normally play at a table with single, double, or 3xodds, then 3-4-5x odds will give you a lower house edge.
• If you take full odds and normally play at a 5x table, then 3-4-5x givesyou pretty much the same game. The 3-4-5x odds are just a tiny amount worse than5x odds (0.374%, compared to 0.326% for a 5x table), but your expected hourly lossis identical. (You have the same 1.41% edge on the $5 Pass Line bet either way,and there’s no edge on the Free Odds bet.)
• If you take full odds and normally play at a 10x or better table, then playingat a 3-4-5X table will give you a worse game.

See our artice on the Free Odds bet to find out the houseedge for various levels of table odds.

Origins of 3-4-5X Odds

Reliable sources (a boxman and floorman at Bally’s) tell us that 3-4-5X odds wasthe idea of a high-rolling player named Stanley L., sometime around the early 90’s.(We believe we know his last name but decline to reveal it for the sake of privacy.)Because he was a high roller, one side of a table that was reserved solely for hisplay. As Stanley was strictly a Pass Line and Come player, he convinced the crapspit at Bally’s to allow him to use the 3-4-5X odds as it was easier for him to understandthe pay offs on wins, since every win meant the same payout — seven times the flatbet on wins where full free odds were taken. What we don’t know is what the originaltable odds were. That is, did the casino raise the odds from 2X upward orreduce from 5X downward?

What Does 4/5 Odds Mean

What ever happened to Stanley L.? It was stated that he ran up over a million dollarsin markers and was never seen again.