Let me begin by apologizing to our beginner craps players. I pride myself on being a good teacher, but I overlooked the fact the I have not yet written an article dedicated to the free odds bet. I took it for granted that everyone understood what is mathematically the best bet in the game.
However, recently, I started seeing very basic questions about the free odds bet pop up on the RoadGambler YouTube channel.
So let’s have a simple discussion about the free odds bet.
The odds bet will win if the point assigned to that odds bet rolls before the 7 rolls. For example, if the point is 8, and the 8 rolls before the 7 rolls, then the odds bet will win. If the 7 rolls before the 8 rolls, then the odds bet will lose. Odds bets can also be wagered on Come bets after the Come bet.
Forrest gump games. The Free Odds bet is paid at true odds. For example, a winning $10 Free Odds bet on the point of four will be paid 2 to 1, or $20. The Free Odds bet has no house edge, but you cannot place it unless you have already made a bet that does have a house edge – either the Pass and Come, or the Don’t Pass and Don’t Come. Come Bet vs Place Bet Pt.1 - Casino Craps is an informational video that describes the advantages of the come bet and the place bet. I compare the come bet a. Also, you'll want to take odds on a lay bet and on a don't-come bet after the bet has been moved to a number. Craps Payout Odds By looking at the payout odds versus the house edge for the various bets in craps, the wise player should be able to ascertain which bets to make regularly, and which to avoid.
For purposes of simplicity, I am only going to discuss free odds on the light side, aka the pass and come side. For the dark side of free odds, see this: https://roadgambler.com/casino/darkside/
Also, the free odds are simply referred to as ‘odds’; so going forward, I will use the term ‘odds’ in lieu of ‘free odds.
WHAT ARE THE FREE ODDS BET?
The odds bet is a bet that can only be made once the player has bet on the pass line or come bet.
It’s mathematically the best bet on the table because the odds pay true odds. That means that, unlike almost every other bet in the casino, the house has no advantage.
Odds bets are usually capped. At most Las Vegas strip properties, the odds bet is capped at a maximum of 3x, 4x, and 5x.
For example, here is a table limit sign at a Las Vegas Strip casino.
Notice that the minimum bet on this table is $15. 3x, 4x, and 5x means that: if the point is 4 or 10, then the maximum odds are 3 times the pass line bet; if the point is 5 or 9, then the maximum odds are 4 times the pass line bet; and if the point is 6 or 8, the maximum odds allowed are 5 times the pass line.
Let’s say that you make a $15 pass line bet. That means that in the above picture since the point is 8 (as marked by the white puck), you can bet $75 worth of odds.
Some casinos will allow more free odds. Notice the sign that says 100x. That means if you bet $5, you can bet up to $500 worth of odds.
WIN-LOSS CONDITIONS OF THE ODDS BET
The odds bet will win if the point assigned to that odds bet rolls before the 7 rolls.
For example, if the point is 8, and the 8 rolls before the 7 rolls, then the odds bet will win. If the 7 rolls before the 8 rolls, then the odds bet will lose.
Odds bets can also be wagered on Come bets after the Come bet point has been established. Be warned that typically if the bettor has a live come bet with odds, and the pass line has just won, then the next roll will be a come out roll for the pass line. In that case, the odds bet attached to the come bet will not be working unless the bettor declares the odds to be working.
HOW TO IDENTIFY AND MAKE THE ODDS BET
In the picture below, the two bets that are behind the pass line bet are the odds bet. To make the odds bet, you just position your chips in the area behind your pass line bet, AFTER THE POINT HAS ROLLED.
If you are playing online, the odds bet is made by dragging chips to the area behind your pass line bet, like this…
PAYOUT ON ODDS BET
The most important thing to know about the odds bet is the payout.
The following are the payouts for each point…
Point is 4 or 10
- Odds will pay 2-1.
- For example, if you bet $10 on the odds, you will be paid $20
Point is 5 or 9
- Odds will pay 3-2.
- For example, if you bet $10 on the odds, you will be paid $15.
- When betting odds on the 5 or 9, always make sure that you bet in even dollar increments. For example, if you bet $5, you will be penalized. True odds payout would be $7.50, but since most casinos do not have 50 cent chips, the casino will round down and pay $7.
Point is 6 or 8 Spin casino online.
- Odds will pay 6-5.
- For example, if you bet $10 on the odds, you will be paid $12.
- Always bet in $5 increments, or else you will be penalized. The casino will round down from the true odds payout.
FINAL ADVICE
When in doubt about how much to bet, follow this one simple rule about how much to bet on free odds: Bet in $10 increments.
If you bet in $10 increments, you will always have the correct odds bet. Make sure that the $10 increment does not go over the maximum odds allowed.
Play responsibly and enjoy!
MrV
Can a craps player elect to have the odds on his come bets work on an ensuing comeout roll?
I know a player can work his place bets, but what about odds on come bets?
I've never seen anyone do it.
I know a player can work his place bets, but what about odds on come bets?
I've never seen anyone do it.
kenarman
Yes just ask the dealer to have them working.Be careful when you follow the masses, the M is sometimes silent.
DJTeddyBear
You hardly ever see anyone doing it for several reasons. The biggest is that hardly anyone does it.There are times where the dealer is lazy, and doesn't drop the 'On' button properly.
One reason the dealer may do that is if the player that requested them be on has been tipping, this enables the dealer to cheat for the player. I.E. If his come bet hits, there's the 'On' button, and he pays. If the come out is a 7, then the come bets lose, but he can return most of the odds, claiming the 'On' was only for one specific bet.
Note that often the dealer is simply lazy about it, and has no intention of cheating.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? ?
dwheatley
I almost always ask for my odds to be working on the comeout. I did this because i wanted more action. Then I discovered if the dealer forgets to drop the 'on' button, but a point hits, they remember to pay you. If the 7 hits, they sometimes give all the odds back. Or, like DJ said, they can drop the 'on' button and still return some of the odds to you. But that doesn't happen as often to me.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
Ayecarumba
Or, like DJ said, they can drop the 'on' button and still return some of the odds to you. But that doesn't happen as often to me.
'If you tip, they will come' - Kevin Costner, 'Field Bets of Dreams'
Simplicity is the ultimate sophistication - Leonardo da Vinci
Paigowdan
I almost always ask for my odds to be working on the comeout. I did this because i wanted more action.
Then I discovered if the dealer forgets to drop the 'on' button, but a point hits, they remember to pay you. If the 7 hits, they sometimes give all the odds back. Or, like DJ said, they can drop the 'on' button and still return some of the odds to you. But that doesn't happen as often to me.
Then I discovered if the dealer forgets to drop the 'on' button, but a point hits, they remember to pay you. If the 7 hits, they sometimes give all the odds back. Or, like DJ said, they can drop the 'on' button and still return some of the odds to you. But that doesn't happen as often to me.
The 'come point' odds are always off on the come-out, - unless you ask them to be on - AND they (the dealers) put on an 'on' button the odds.
if you ask them to be 'on,' then they either pay or lose.
Otherwise they are returned on a come-out 7 ('Workers lose, but Save the odds.')
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
guido111
Can a craps player elect to have the odds on his come bets work on an ensuing comeout roll?
I know a player can work his place bets, but what about odds on come bets?
I know a player can work his place bets, but what about odds on come bets?
Yes.
Come bets, the flat part, are always working. They can never be turned off.
Craps rules state, I have never seen it any differently, by default, the come bet odds are always 'off' on the come out roll unless the player tells the dealer he wishes to have them working.. And as DJ explained above, the dealer will place an 'on' button etc.
ALL come bet odds will be returned to the player on a come out roll 7 if the odds were not working.
Craps Come Bet Odds
Quote: MrV
I've never seen anyone do it.
It is not common. Most times I have seen it happen, the player only did it a few times.
The HA is ever so slightly lower. Simulations in Wincraps shows HA, with double odds, to be ~.62% and ~.62%. Odds not working and working on the come out roll.
The Wizard explains this situation also at WoO HERE under the COME section.
Paigowdan
I almost always ask for my odds to be working on the comeout. I did this because i wanted more action. Winner com casino.
Then I discovered if the dealer forgets to drop the 'on' button, but a point hits, they remember to pay you.
Then I discovered if the dealer forgets to drop the 'on' button, but a point hits, they remember to pay you.
No, the crap dealers don't 'pay' you - they simply return the odds that were 'off,' but pay you the added odds when the come point odds were 'on' if a point were hit - or lose all on a come-out 7.
The flat come-point bet is always on, and cannot be off. The 'come-point' odds can be switched on or off, and are 'off' by default.
Quote: dwheatley
Craps True Odds
If the 7 hits, they sometimes give all the odds back. Or, like DJ said, they can drop the 'on' button and still return some of the odds to you. But that doesn't happen as often to me.
No, If the 7 hits on the come-out, the 'on' odds ALWAYS lose on a come-out 7, and are NOT returned back to you. If 'off,' they (the odds) are returned to you but the flat bet come point(s) lose. The odds win if said to be 'on,' if on a point number is rolled on a come-out roll. The come-point odds are ALWAYS return you back if the come-point odds are 'off' on a come-out 7 - but they take the flat 'come-point' flat bet.
It's that simple. (??)! - This is called 'Save the odds' on a come-out roll.
Craps Place Bet Odds Vs Come Bet Odds
So, if they (the come-point odds) were 'working' (or 'on,' - on the come-out) - then they (the come-point odds) always lose on a 7 or win on that point - along with the flat bet. If the odds are off, they are returned to you on a 7, but all the flat come point bet lose on a 7, or else they 'go on' when a different point is hit, except for that particular come point. Then they are returned to you without payment, but the flat point is paid to you, and the rest of your different come points with odds go 'on.' And no action is taken if a come-out crap number is thrown on the come bets, although the pass-line and don't pass win or lose on a come-out natural, 7 or crap number.
Got that? Piece of cake..
I'm a crap dealer. You don't want to know..
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Craps Come Bet Odds Payout
ten2win
That flat come bet is paid at even money just like your flat pass line bet, if you happen to have a come bet on the newly established point.
DJTeddyBear
Dan -
I never said that I suggested it, just stating what some dishonest dealers will do, and what some players will do knowing that there are dishonest dealers out there.
For the record, I never turn my odds or place bets on for the come-out.
And, maybe I should point out, as far as ethics goes, this is way outside of the range of ignoring a dealer mistake that's in the player's favor.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? ?