The craps table is undeniably the most intimidating, visually complex game on the entire casino floor.
Astonishingly, this specific bet is the only wager in the entire casino that carries an absolute, mathematical house edge of precisely zero percent.
Why the Odds Bet is Perfect
In every other game, the casino pays out winning bets at slightly less than the true, actual mathematical probability of the event occurring.
It is the only time in your life you will ever engage in a perfectly fair, 50/50 mathematical coin flip against a multi-billion dollar casino corporation.
- Winning Odds bets are paid out exactly at the true mathematical probability of the roll
- It dilutes the overall house edge of your entire craps session significantly
- You must place a standard Pass Line bet first before you can "Take the Odds"
Where to Put Your Chips
To place an Odds bet, you must first place a standard "Pass Line" bet and wait for the shooter to establish a "Point" number.
Once the Point is established, you simply take your extra chips and place them on the blank felt directly behind your original Pass Line bet.
How Much Can You Bet on Odds?
This simply means you can bet 3 times your Pass Line bet if the Point is 4 or 10, 4 times if the Point is 5 or 9, and 5 times if the Point is 6 or 8.
For example, if you bet $10 on the Pass Line, and the Point becomes an 8, you can place a maximum of $50 in Free Odds behind it.
| Point Rolled | Max Odds Allowed (3-4-5x System) | Example (On a $10 Pass Bet) |
|---|---|---|
| 6 or 8 | 5x Pass Line Bet | $50 Max Odds |
| 4 or 10 | 3x Pass Line Bet | $30 Max Odds |
By keeping your Pass Line bet small and aggressively maximizing your Odds bet, you reduce the casino's overall advantage to nearly zero.