House Edge in the Craps Game

The house earns a percentage on every bet that is made at the craps table. This is how they pat for the overheads of running a casino. However, the choice of how much you want to pay for the privelege of playing is entirely up to you. At craps you can almost pay for "free" when you make the proper odds bet, or you can pay a large vig when you bet on one of the proposition bets (such as one-roll any 7). In craps there is a big difference between 10 to 1 and 10 for 1. For example, when you are paid at 5 to 1, you'll be paid $5 and the $1 original wager. In the case of $5 for $1, you get paid $4 only, which includes your original dollar bet. This really reduces the true payout to 4 to 1. You should avoid any "for" bets you see at the craps table - all they do is give the house an extra percentage toward their edge. Player advantage You do have some advantages over the house. For one thing, you can always quit when you want to. Also, you decide how much to bet, and when, and where. You can skip bets, and you can bet big or little, and the house must cover you every time. The key to playing craps is to play smart. Obtaining knowledge will give you the ability. Click to continue and read about the odds in the game of craps Our Sponsors Online Roulette King Sports Betting King Online Slots King King's World Series of Poker King's World Series of Blackjack Back to top