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CRAPS BEST PLAYING STRATEGIES
The best odds to be found on the craps table are Pass, Don't Pass, Come and Don't Come - because they give the house the smallest edge.

 
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  THE PASS LINE  
The pass line (or win line) bet is the best place to start – known as ‘right’ betting, it is an even money bet and the house edge on the pass line is only 1.41% (which means that out of every £100 wagered the casino expects to win £1.41). The first roll in a round of craps is called the ‘come out roll’. If the numbers on both dice add up to 7 or 11 - you win immediately. If 2, 3 or 12 (‘craps’) are rolled – you lose. Any other number rolled becomes the ‘point’. This means that you are now betting that the point number will come up again before a 7 is rolled. If it does - you win. Tip - it is a bad idea to place a pass line bet after the come out roll because the odds in favour of winning on the come out roll are greater than those of losing.
The don’t pass (don't win line) bet is nearly the opposite bet to the pass line bet and is also known as ‘wrong’ betting - the house edge for this bet is 1.40%. With this bet you lose if 7 or 11 comes up on the come out roll and win on 3 or 2. If 12 is rolled it is called a ‘stand-off’ and you neither win, nor lose (push). The reason for this is that if don't pass betters were permitted to win, it would give them an advantage over the house. By making the number 12 a stand-off on the come-out roll, the casinos retain a small edge. Some casinos bar the number 2 and the effect is exactly the same. Unlike a pass line bet, a don't pass bet can be removed after a point number has been established on the come-out roll. If the number 4, 5, 6, 8, 9, or 10 is rolled, that number becomes the point. The don’t pass better is now gambling that a 7 will come up before the point is rolled again.
BEST BET
Taking the odds is the best bet you can make in a game of craps – the house has no edge on the odds. When the point number has been established on the come-out roll, any player who has made a pass line (or a don’t pass line) bet is allowed to ‘take the odds’. A pass line player is said to be ‘buying’ odds – a don’t pass line player is ‘laying’ odds. The payouts for buying and laying are the same.
An odds bet is an additional wager (not exceeding the amount of your original wager) that the point number will be repeated before a 7 is rolled. Some casinos will allow you to make double odds bets, or more, which cut the house’s edge even further – the 1.4% they had at the start of the round is now cut to 0.6%. As a general rule, buy the biggest odds you can find, to shrink the house edge even further. The odds bet has no marked space on the craps table. To make the bet, place your chips behind your pass line bet in the open area of the table.
The payoff for odds bets depends upon which point number has been established on the come out roll and varies with the odds that a 7 will be rolled before a that point is repeated. The payoff is the same whether you take single odds, double odds, or more.
Points 4 and 10 pay 2:1.
Points 5 and 9 pay 3:2.
Points 6 and 8 pay 6:5.
Laying the odds (the opposite of taking the odds) is betting that a 7 will be rolled before the point.
If the point is a 4 or 10 don't odds pay 1:2.
If the point is a 5 or 9 don't odds pay 2:3.
if the point is a 6 or 8 don't odds pay 5:6.
The amount you may win by laying odds is the product of your don't pass bet and the multiple of odds allowed per the table rules. If the table allows five times odds then you can win five times your don't pass bet by laying odds. Note that the multiple applies to how much you can win, not how much you can bet. For example if you bet £2 on the don't pass and the table allows full double odds then you can bet £8 to win £4 on a point of 4 or 10, £6 to win £4 on a point of 5 or 9, and £6 to win £5 on a point of 6 or 8.
Removal of odds wagers from the craps table is permitted at any time, as the casino has no objection to your taking down a bet that has no house edge.
COME BETS
A good strategy if you like constant action is to have a new bet on either the pass line (or on come) every throw - and always take the maximum allowable odds. The house edge on the come bet is 1.41%.
A come bet is like a pass line bet, except that a come bet may be made on every throw of the dice once a point has been established. The bet is made by placing chips on the ‘come’ area of the craps table. After a come bet is made, the next roll of the dice becomes the come-out roll for that bet. So, if a 7 is rolled, you will win even though pass line betters will lose. If 11 is rolled, you will win while the line bets will not be affected.
To win this bet, your come point must be repeated before a 7 is rolled. If one of the craps numbers come up, you lose, though the line bets remain unaffected. If one of the box numbers is thrown on the first roll of the dice, after you've made a come bet, this number becomes an established point for your come bet. Once a point has been established for your come bet, your chips will be moved to the appropriate numbered box.
When your come bet wins, the dealer will pay you off by placing your original wager plus your winnings in the come section of the table. If you do not immediately retrieve your chips, they will be in action on the next roll of the dice as a new come bet.
Adventurous players make come bets on every roll, until all of the point numbers are covered, giving them the opportunity to win many bets in a short period of time, so long as the dice continue to roll without hitting 7. A sounder strategy is to place no more than two come bets. These, along with the initial pass line bet, will give mean that there are three numbers always working for you. When one of the points is made (and your bet paid off) place another come bet to maintain the total of three numbers working for you on each roll.
The don’t come bet is similar to the don't pass bet, but is made on a non-come out roll.
ONE ROLL BETS
One roll bets (or proposition bets) can be made at any time during the game, they pay higher odds, but the house edge is bigger too. One roll bets win or lose on the next throw.
Any Craps - one roll bet that wins on next roll of 2, 3 or 12 – pays 7:1 - house edge 11.11%.
Craps 2 - one roll bet that wins on next roll of 3 only – pays 30:1 - house edge 13.89%.
Craps 12 - one roll bet that wins on next roll of 12 only – pays 30:1 - house edge 13.89%.
Any 7 - one roll bet that wins on next roll of 7 only – pays 4:1 – house edge 16.67%.
11 - one roll bet that wins on next roll of 11 only – pays 15:1 – house edge 11.11%.
Field bet - one roll bet that wins even money on throws of 3, 4, 9, 10 or 11 - pays double on 12 – house edge 5.56%. Looks like a very good bet, because seven numbers win and only four lose, but bear in mind the probability that the four numbers that lose are more likely to be rolled.
Horn Bet – is four bets in one - a one roll combination bet covering 2, 3, 11 and 12. The payoffs are the same as when betting on each number individually – house edge 12.5%.
PLACE NUMBER BETS
4,5,6,8,9, and 10 are known as the place numbers. These bets work just like the odds, but pay worse odds - with the exception of the ‘hard way’ bets. Just as with odds bets on top of come bets, place number bets are turned off on a come out roll.
Be sure to choose the option with the best odds and don’t make bad bets on the higher house edge versions of the same bet. In craps there can be two, and even three different ways of betting on the same thing, each one paying different odds. For example the place bet on 6, the buy bet on 6, and the big 6 all are betting that a 6 will be rolled before a 7, but pay 7-6, 23-21, and 1-1 respectively, for house edges of 1.52%, 4.76%, and 9.09%.
Big 6: A bet that a 6 will be rolled before a 7 - pays even money - house edge 9.09%. Note that this is exactly the same as a place bet on 6, except that the place bet pays 7:6 and has a house edge of only 1.52%.
Big 8: The same as the Big 6 only that an 8 will be rolled before a 7.
Buy bets are more-or-less the same as the place bets, but with a different payoff. You may ‘buy’ any of the points (4, 5, 6, 8, 9, and 10), which means to bet on that number being rolled before a 7. Odds are usually 2:1 on the 4 and 10, 3:2 on the 5 and 9, and 6:5 on the 6 and 8. The house edge on all buy bets is 4.76%. The house edge on the 5, 6, 8, and 9 place bets are all lower than the buy bet, so it makes sense to avoid the buy bet on these numbers.
Lay bets are the opposite of the buy bets and may be placed on the 4, 5, 6, 8, 9, or 10. The bet is that 7 will be rolled before the number you choose. Because the 7 is the most likely number to be rolled you will wager more than you can win.
HARD WAYS

There are four different hard way bets – 4, 6, 8 and 10. They are called the ‘hard way’ because they must be thrown in doubles eg. two twos = 4; two threes = 6. The ‘easy’ way to make 4 is by rolling a 1 and a 3. A bet on a hard 4, 6, 8, or 10 is a bet that these doubles will be rolled before either a 7, or any ‘easy’ way of making those numbers is rolled.
Casinos pay 7:1 on a hard 4, or 10 - house edge 11.11%.
Casino pay 9-1 on a hard 6, or 8 - house edge 9.09%.


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