Craps Place Bet Odds

Craps Place Bet Odds

Craps Place Bet Odds
Craps Betting Strategy
Craps Place Bet Odds Vs Come Bet Odds
Best Bets In Craps And Why
Prior to Amendment 50, craps was not allowed at Colorado casinos. But on Nov. 4, 2008, Colorado voters passed sweeping changes to the 'limited gaming act' that not only raised the maximum betting limits on a given hand from $5 to $100, but allowed for additional games including craps.
Pass Bets: paying 1/1 with just a 1.41% house edge, this is a staple of all good craps strategies. Place Bet: 6 or 8, paying just over 1/1 at 7/6. The house edge is just 1.52%. Pass Line: 4 or 10, pays 2/1 with a house edge of 4.76%. Why choose this bet in craps? Pass line odds are decent, and you avoid dealing with a large house edge. The 5 and 9 pay 7-5, true odds are 7.5-5 (house edge 4%). The 6 and 8 pay 7-6, true odds are 6-5 (house edge 1.51%.
Black Hawk Casinos with Craps tables:The Isle of Capri Casino has 3 craps tables.
Ameristar Casino has 3 craps tables.
The Lodge Casino at Black Hawk has 2 craps tables.
Mardi Gras Casino has 2 craps tables.
The Gilpin Hotel Casino has 1 craps table.
Golden Gates Casino has 1 craps table.
Lady Luck Casino has 1 craps table.
Crap table game layout:
The maximum bet playing 'Craps' in Colorado (on a single bet) is $100.
You'll know a craps table when you see it. It is the biggest table in the casino table games section. When the dice are hot, it's the loudest table in the casino; When the dice are cold, it's the loneliest. Though the table looks like it would take a masters degree to play, developing a basic understanding of craps is not difficult and can be done in a short amount of time. Here is a brief guide to help you learn how to start that process.
Craps GameCraps is nothing more than a dice game. One player, the shooter, rolls the dice and everyone else bets on the outcome of the roll. No one is in competition with each other and everyone roots for the shooter, which is why a craps table with a hot shooter can be so rowdy. The game starts with each player placing a bet, and you can do so up until the player shoots and the dealers yell 'No more bets!' This is called a 'come out' roll. After which three things can happen depending on the roll.
Craps RulesIf the shooter rolls a:
Craps Place Bet Odds2, 3 or 12 – Craps (Pass line bets lose – Don't Pass bets win)
7 or 11 – 'Natural' (Pass line bets win – Don't Pass bets lose)
Any other number – Establishes a point
On the come out roll, a bettor must place the table minimum bet at either the 'pass line,' or the 'no pass line.' The dice are rotated around the table after each run, giving anyone who wants a chance to shoot.
When the point is established, the shooter keeps rolling until they either roll the point number again, or a seven. A seven ends the roll and causes nearly any bet on the layout to lose. Craps tends to be superstitious game, so players generally will avoid even saying the word 'seven' out loud at the table.
There are approximately 40 types of craps bets that can be made during a roll. This is why there are always four casino dealers watching a craps table. They are the 'boxman' (watches the chips), the 'stickman' (watches the dice), and two other dealers (keeping track of players' bets).
The easiest way to get into a game of craps is to wait until the come out roll and place a bet on the pass line. This means you are wagering that the shooter will:
1) Roll a 7 or 11 on the first roll, or;
2) Roll the established point before they roll another 7.
You will also want to 'take odds' on the come bet. The odds amount varies from casino to casino and usually is up to 5 to 10 times the amount of your bet. To take odds (which is, mathematically, the best bet a player can make), place the your bet directly behind your pass line chips. Then sit back and get caught up in the excitement.
There are a lot of different ways a craps game can play out depending how the dice fall. You can bet pass or no pass, single numbers, come and don't come bets and proposition bets.

As you can see craps is a very simple game that seems intimidating at a glance. However, if you are the kind of player that likes to take a chance or feeds off of the energy of other players, then this might be a great place to start. When you are ready, wait for come out roll and go for it. Just make sure you ask the dealer for the right time at which to enter the game.
It's no surprise that multitudes of strategies have been developed around place betting the (6) & (8) as these numbers give the craps player one of the be best advantages of beating the casinos.
First of all, both the (6) and the (8) are the numbers likely to roll most often, next to the (7). There are 5 ways to roll (6), 5 ways to roll an (8), and 6 ways to roll a (7).
It doesn't stop there. Here's are some more advantages of Place Betting the (6) and/or (8).
Place Bets only need to be hit once to win, versus a Pass Line or Come Bet, which needs to be hit twice
The payout on a Place Bets exceeds that of Pass Line or Come Bets at lower betting levelsIt takes approximately 5X odds before the benefits of PL/Come Bets exceed that of Place Bets
Place Bets can be made or taken down at any time the player wants versus PL/Come bets which are contract bets
The player controls the numbers that are bet, versus the roll of the dice being the determining factor
Already mentioned, the (6) and (8) are most likely to be rolled aside from the (7)
Betting both the (6) and (8) gives you a 10 to 6 advantage of one of your numbers hitting before the (7)
The house edge on place betting the (6) or (8) is only 1.52%, one of the lowest on the table
If the toolbox of strategies you bring to the craps tables does not include a (6) and (8) strategy, then it might be time to find one that works for you.
Craps Betting StrategyWe'll cover a few of the most popular, and some not-so-popular 6/8 strategies for you to assess and possibly include in your own repertoire of strategies.
Secrets Tip – Never bet the Big 6 or Big 8 located at the corners of the table. They carry a 9.09% House Edge versus Place Betting the same numbers for a 1.52% House Edge.
All examples include betting both the (6) and (8) on a $10 minimum craps table.
6 & 8 Collect and Press
Place Bet both the (6) and (8) for $12 each (Total $24)
Take these steps on the (6) and (8) independently1st Hit – Collect and rack the $14 in winnings (you now only have $10 of your money at risk)
2nd Hit – Press your bet to $24
3rd Hit – Collect and rack the $28 in winnings (now your up $20)
4th Hit – Press your bet to $48
From here, you can either continue alternately ‘collecting' and ‘pressing' your bets through the end of the roll or take down your bets at any point in the progression you want.
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6 & 8 One Unit Continuous Press
Place Bet both the (6) and (8) for $12 each (Total $24)
Take these steps on the (6) and (8) independently1st Hit – Win $14 – Press your bet by $6 to $18 (collect & rack $8)
2nd Hit – Win $21 – Press your bet by $6 to $24 (collect & rack $15)
3rd Hit – Win $28 – Press your bet by $6 to $30 (collect & rack $22)
4th Hit – Win $35 – Press your bet by $6 to $36 (collect & rack $29)
Either continue to press one unit each time one of your numbers hits, or take down one or both of your bets at any point you want.
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6 & 8 – $72 Regression
Place Bet both the (6) and (8) for $36 each (Total $72)1st Hit – Win $42
Immediately take both the (6) and (8) down to $12 each
You're now positive $18 and only have casino winnings on the table
Use the (6) and (8) Collect and Press for the remainder of the shooter's roll
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6 & 8 – 1-3-2-6 Positive Progression Strategy
Place Bet both the (6) and (8) for $12 each (Total $24)
Take these steps on the (6) and (8) independently1st Hit – Win $14 – Drop $10 and press the bet to $36 (Net winnings = -$34)
2nd Hit – Win $42 – Drop your bet to $24 (Net winnings = $18)
3rd Hit – Win $28 – Drop $60 and press your bet to $72 (Net winnings = $0)
4th Hit – Win $84 – Take all bets down (Net winnings = $168)
After taking your bets down and collecting your net winnings of $168, you can wait for the shooter's roll to end or decide to start the betting progression over.
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6 & 8 – $48 Hit and Spread
Place Bet both the (6) and (8) for $24 each (Total $48)1st Hit – Win $28
Immediately take the (6) and (8) down to $12 each
Add the (5) and (9) for $10 each
After the 1st Hit, you'll now have 4 inside numbers covered for a $16 investment.
Utilize a collect and press strategy for the remainder of the roll.
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6 or 8 – Low Roller Inside Spread
Place the (6) or (8) for $12 (Total $12)1st Hit – Win $14 – Rack $2 and place the opposite number for $12 (Net = -$10)
2nd Hit – Win $14 – Collect and rack $14 (Net winnings = $4)
3rd Hit – Win $14 – Rack $4 and place the (5) or (9) for $10 (Net winnings = $8)
4th Hit – Win $14 – Rack $4 and place the opposite 5/9 for $10 (Net winnings = $12)
You now have all inside numbers covered AND a $12 profit.
Utilize the collect and press strategy for each number covered through the end of the roll.
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6 or 8 – Low Roller Run Up
Place the (6) or (8) for $12 (Total $12)1st Hit – Win $14Parlay your winnings and add $4 to your bet
Bet is now $30 – Total investment $16
2nd Hit – Win $35Parlay your winnings and add $1 to your bet
Bet is now $66 – Total investment of $17
3rd Hit – Win $77Take all bets down
Collect $126 in winnings ($14+$35+$77) from a total investment of $17
At this point, you can either start the strategy over or wait for the next shooter
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There are many other variations out there, and if you didn't find one you're comfortable with above, a quick google search will uncover many, many more.
Keep in mind, no strategy will change the house edge (casino advantage) on the bets placed. The goal is find the betting strategy that works for you and your bankroll and apply it at the right times at the table.
Feel free to share your own (6) and (8) betting strategies in the comments below.
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*****************Craps Place Bet Odds Vs Come Bet OddsIf you have any questions, suggestions or recommendations, feel free to leave them in the comments section below. Flash roulette simulator.
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Best Bets In Craps And WhyBEST OF LUCK AT THE CASINOS!!!