craps place bets vs continuous come bets

For a winning $10 Place bet on the 5 or 9, we win $14 compared to the $15 we’d expect to win if there were no house advantage. We see from the table above that the Place odds for the 5 and 9 aren’t quite good as those for the 6 and 8.

What this tells us is that the Place bet on the 6 or 8 is one of the smartest bets on the craps table (i.e., by “smart,” I mean it has one of the lowest house advantages of all craps bets). With a big $30 bet, that’s only $1 less than what we’d expect to be paid for true odds in an unbiased game that doesn’t have any house advantage. For example, you can see from the table above if you Place bet the 6 for $30 and win, your payoff is $35 compared to the true-odds payoff of $36, which makes the house advantage only 1.52%. This gives you a better idea of how small the house advantage is for these bets. For example, if you don’t understand why the numbers are paired, ten you should go back and review the basic craps math.īecause odds are like fractions, I adjusted all of the odds except the 9:5 odds on the 4 and 10 to equivalent odds so you can easily compare them to the true odds. If you need to review our other article about basic craps math, now is a good time to do it.

The table below shows how the casino odds (or payoff odds) compare to the Place bet’s true odds. The house advantage for Place bets is relatively low, which makes it one of the better bets on the table (we discuss good versus bad bets in another article). NOTE: “Taking down” your Place bet is the same as “turning off” the bet. After the come-out roll, the button is no longer needed so the dealer removes it from your chips and your Place bet remains on and working until it wins or loses, or until you turn it off again. However, if you want it to remain “on” and working on the come-out, simply tell the dealer and he’ll put a little button labeled “ON” on top of your chips to indicate to the crew and camera that your bet is still working. The common rule among almost all casinos is that the Place bet is automatically considered “off” (i.e., not working) on the come-out roll of a new game. You can make or take down the Place bet any time you want, which is why it’s called a “standing” bet (i.e., it “stands” and works until you take it down or it loses). Should I Download Craps & Play for Money?.Online Craps vs Live Craps: Is Playing Online Safe and Fair?.Casino Bonuses : What you Need to Know!.

Craps place bets vs continuous come bets