Archives for : April2014

Understanding Bets in Online Craps – Part 2

Craps OnlineNow that you know about the basic bets in the game of craps, you can move on to the next betting options called taking and laying the odds. The odds are more like a side bet in craps, and are made after a point is thrown. Here is a detailed explanation of how these bets pay in the game.

Taking the odds

Taking the odds or simply the odds is a bet you will place after you throw a point, which is 4, 5, 6, 8, 9 and 10. If you place the odds bet and the point is thrown before the seven, you win. The best part about this bet is that the house edge is zero, so the odds are fair for it. This is one bet that you should make, according to experts, because the odds for “The Odds” bet are not against you.

However, you need to make a flat bet like a “Pass bet, Do Not pass bet”, the “come or do not come bet” allows you to be able to make this free odds bet. The payouts for the odds bet are also pretty clear.

  • If you get a 4 or a 10, you get paid 2 to 1
  • If you get 5 or 9, you get paid 3 to 2 and
  • If you get 6 or 8, you get paid 6 to 5

How much you can bet on the odds, however, depends on the casino you have chosen.

Laying the odds

The opposite of taking the odds, laying the odds will pay if a seven is rolled before the point. So here, you are betting against the points. Even here the house has no edge, so the odds are fair. However, you will not be laying the odds for 7, but against the points.

  • If you lay the odds against 4 and 10 and win, you get paid 1 to 2
  • If you lay the odds against 5 or 9, the payout is 2 to 3 and
  • If you lay the odds against 6 or 8, the payout is 5 to 6

In both taking the odds and laying the odds, the amount you can win is often limited to a multiple of the pass and don’t pass bets respectively. This, again, is determined by the casino you choose.