Craps is a game of chance, which is played in almost every casino in the world. The game is played with a pair of dice and may seem extremely simple when you are a spectator. But actually playing it, while understanding the betting terminology and remembering the strategies, may not be so easy. To play craps and win, a player has to guess and predict the outcome of the throw of dice. In all, there are 36 different combinations of numbers that can turn up when you throw the dice. And the odds of your winning would depend upon the probability of the occurrence of a particular sum or combination you wagered on.
Playing Online Craps to Win
The basic thing in craps is to guess the outcome of every independent dice roll. But to play craps and win, you should also know about the odds and the payouts for different bets that you can place. There are over 100 different bets you can place in a game of craps and not all have the same odds. The house edge for each of these bets is also different. A skilled craps player always knows which bets have the best odds and which have the worst. Among the different number totals that can turn up, seven has the highest odds, 6 out of 36, of occurring, and 12 and a pair of 1s (snake eyes) have the least, 1 out of 36, probability of appearing.
Best Bets in Craps
When you play craps online, you should remember that every bet in the game comes with a house edge, and the only way to limit your average loss in the game is to choose a bet that has the lowest house edge. The most common bets that you can place in online craps are the pass line and the don't pass line bets, which have the lowest house edge of 1.4%, and less than 1% when you play with single or double odds. The payout odds for all pass line and don’t pass line bets, and the come bet, are 1 to 1, which are quite decent for a game of chance.
Although the odds of winning the place 6 or 8 bet are not very high, the house edge for this bet is quite low at 1.52%. Be careful not to confuse this bet with the Big 6 or Big 8, where the payout is 1, but the house edge is 9.09%.
Bets You Should Avoid in Craps
A smart casino player should always avoid bets with higher house edge, which can easily lead to losses in the long run. Although the odds of a 7 occurring are the highest, the ‘any 7’ bet in craps, which has the highest house edge, is one that should be avoided. By increasing the payout odds to 5:1, casinos increase the house edge for this bet to 16.67%, making it one of the worst bets on the craps table. Besides that, the craps bets (2, 3 or 12) with a house edge of 11.11%, and the bets on 2 and 12, even if they have a higher payout of 30:1, should be avoided.