A Complete Guide to Simple and Easy Craps Betting

Published on: August 27, 2014 

If you ask anyone who is familiar with a wide range of casino games what the most complicated casino game happens to be, and nine times out of ten you're going to get the answer of craps. It's a complicated dice game with a whole lot of different bets many of which have different payouts and respective house advantages. This means it's a ton of information to keep up with, and that can make it difficult to understand. To help you with this, we have a few very simple bets that you can use to make playing craps easy.

The place bet is a bet on either a 4, 5, 6, 8, 9 or 10. These are called the place numbers, and you can bet that one of these will come on the next roll. If it does, then you win, and if a seven comes, then you lose. All other values are a push. A place bet on a six or eight has a lower house advantage than any other place bet, and it pays out at a rate of 7:6 to give you a house advantage of 0.46 percent per roll or 1.52 percent if you keep rolling until the bet wins or loses.

You can also make the opposite bet on what's called a place to lose bet. Basically, it wins on a seven and loses on whatever number you bet on. The place to lose on six or eight is pretty good in terms of house advantage as well with a 0.56 percent house edge per roll and a 1.82 percent house advantage if you always wait until the bet either wins or loses. Both of these bets are good too because you can make them on any roll instead of having to wait for a come out roll.

Along these lines, you can also bet on a buy or lay bet for 4 or 10. These win and lose the same ways as the place and place to lose wagers, but they have better payouts than the 4 and 10 bets on the place and place to lose wagers. Basically, you're going to get a 0.42 percent per roll and 1.67 percent until completion for the buy (just like place bet) on 4 or 10 as well as the lay (just like place to lose bet), so you're in good shape there.

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