What Does 3 4 5 Odds Mean In Craps
- What Does 3 4 5 Odds Mean In Craps Terms
- What Does 3 4 5 Odds Mean In Craps Odds
- What Does 3 4 5 Odds Mean In Craps Machines
Casinos can be intimidating and their games a little confusing, but here's a tip: The best bet on the craps table has no house edge, and it isn't shown anywhere on the layout. There's no mention of 'odds' on the table. You must have a Pass or Don't Pass bet to take odds on, but then you're on your own. If you don't know about odds, you'll miss the best bet in the casino.
If you know how to play craps, you know that new shooters have to place a wager on the Pass or Don't Pass line. Once that new point of 4, 5, 6, 8, 9, or 10 is made, they can just keep shooting. The odds bet, the one that has zero house edge, isn't mandatory; it's optional.
Ease of payment is one issue. If you bet $5 on pass, then betting $15 in odds on 4 or 10, with a 2-1 payoff, brings a return of $30. Returns also are $30 if you bet $20 on odds on 5 or 9 at 3-2 odds or $25 on 6 or 8 at 6-5 odds. But easy, same-size payoffs aren't the only issue. Possibility of payment in fractions is another. I know that in craps if you have a point of 5 you can take $5 in free odds which wins 6. Point of 5 or 9 $4 on odds wins $6. And on a 4 or 10 your free odds pays double. So what changes in a 3,4,5 game? Pay off are usually 5 to 11 (4 or 10), 5 to 8 (5 or 9), 4 to 5 (6 or 8). These bets are similar to the Place Bets with different pay offs. A Buy Bet can be placed at any time on any of the points. This bet wins if the point is rolled before a 7. Pay offs are the same as the odds but casinos take a 5% vig on the bet. For instance, bets on the Pass Line pay even money and have the lowest house edge of 1.41% only, which means players will lose $1.40 on average per every $100 they wager at the craps table. Basically, the only exception to this rule is when free odds are taken or laid on the bet – in this case, the house holds no advantage over players.
The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This wager can at least equal your Pass Line bet, so if you have an original wager of $10, put another $10 behind it to take odds. The amount you should wager depends on the point number.
If the point is 4, 5, 9, or 10, match your bet. If the point is 6 or 8, bet $6 in odds for every $5 you have on the Pass Line. When the shooter makes their point, you'll get a much bigger payoff.
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Pass Line Odds Payoffs
If the point is:
- 4 or 10, you are paid 2 to 1 on your Odds wager.
- 5 or 9, you are paid 3 to 2 on your Odds wager.
- 6 or 8. you are paid 6 to 5 on your Odds wager.
What Does 3 4 5 Odds Mean In Craps Terms
Most casinos allow you to take double odds on you Pass Line bet. That means if you put $5 on the Pass Line, you could make an odds bet of $10.
Your Pass Line bet has a house edge of 1.41 percent. The Odds bet has no house edge, so by taking it you lower the house edge on your overall wagers. A Pass Line bet with single odds has a house edge of 0.85 percent and with double odds, the house edge drops to 0.61 percent.
Over the last few years, many casinos have allowed players to take larger odds bets. Some casinos compete with each other to see who can offer the highest odds, up to 100 times odds. Although this sounds great, it is impractical for average players to wager this much unless they have a very big bankroll.
3-4-5 Times Odds
What Does 3 4 5 Odds Mean In Craps Odds
To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number. You can get odds on Come Bets too.
If the point is::
- 4 or 10 you can take 3 times odds.
- 5 or 9, you can take 4 times odds.
- 6 or 8, you can take 5 times odds.