Craps Lay Bet Payout
The Lay 6 and Lay 8 bets pay out 19 to 25 and have a house edge of 4.00%. The Lay 5 and Lay 10 bets pay out 19 to 31 and have a house edge of 3.23%. The Lay 4 and Lay 10 bets pay out 19 to 41 and have a house edge of 2.44%. Readers might wonder why the lay bets have a posted house edge, if we said earlier that these wagers pay true odds. Some Basic Craps Place to Lose Bet Payout Ratios. The odds of winning when you make a Place to Lose bet in craps vary, and depend mainly on the number that you are looking to bet on. The payout ratios also vary for the different numbers. In this section, will briefly mention the payout ratios associated with some of the numbers on which you may.
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.
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
Craps Lay Bet Payouts
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
- 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.
Best Bets In Craps And Why
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!
Posted in: Casino, Craps, Gambling
Craps is one of the most popular table games in Las Vegas. We found 243 installations of the game at 65 casinos in the market for our 2021 Las Vegas Table Games Survey. Nearly all Las Vegas casinos with tables offer the game. Some smaller locals casinos do not deal the game, or it is only available at peak hours.
Related: Las Vegas crapless craps survey
Minimum craps bet and odds for Las Vegas craps
The section below is broken up into three sections. It is sorted by the expected minimum bet. Note that this may be higher during busier hours. The games are then sorted by the odds available at the table and whether the field pays double or triple on 12.
$1 3-4-5x
| $3 2x
|
$5
10x Triple Field
Double Field
| 5x Double Field
2x Triple Field
| 3-4-5x Triple Field
Double Field
|
$10
100x Double Field
20x Triple Field
5x Triple Field
2x Triple Field
| 10x Triple Field
Double Field
| 3-4-5x Triple Field
Double Field
|
$15 10x Double Field
3-4-5x Triple Field
| 3-4-5x Double Field
| $25 3-4-5x Triple Field
|
Las Vegas craps tables that pay triple on field 12
Many Las Vegas casinos only pay double on the field when a 12 is rolled. There are 35 where the field pays triple on 12. This cuts the field’s house edge in half. The list below shows where those games are found. Odds are 3-4-5x unless otherwise noted.
$1
$3
$5
| $10
| $15
$25
|
How to play craps
A craps game starts with a come out roll. The player making this roll must make a bet that meets the table minimum on either the pass line or don’t pass. The stickman pushes the dice to this player and there is a roll. The dice must hit the back wall to count.
If the come out roll is a 7 or 11, the pass line wins and the don’t pass loses. The don’t pass wins on a 2 or 3, while the pass line loses. On a 12, the pass line loses and the don’t pass bet pushes. This is the house roll. Any of these rolls are followed by another come out with the same shooter.
If the roll is a 4, 5, 6, 8, 9 or 10, the number becomes the point. Players may place odds behind the line bet. The pass line wins if this number is rolled before a 7. If a 7 is rolled before the point, the don’t pass wins.
How craps odds work
All Las Vegas casinos offer odds on pass line and don’t pass bets. Come and don’t come bets also have odds available. These are the best deal in the house. There is no house edge on odds bets at a craps table. If a game allows double odds, the player may place double the amount of the pass line bet or lay to win up to double the amount from the don’t pass side. The payback depends on the number.
- 4 and 10: 2:1
- 5 and 9: 3:2
- 6 and 8: 6:5
A player that takes odds on a 4 from the pass line wins double the odds amount if that number comes before a 7. It loses if a 7 is first. From the don’t pass, the player would lay double the amount to be won.
If the come out roll is a 4, and the player bet $5, the pass line max odds is $10. If the 4 comes before a 7, the $5 pass line bet wins, as well as $20 on the $10 odds. The bets are returned to the player, too. From the don’t pass, the player would be able to lay $20 to win $10 on the odds. A 7 coming before the 4 would pay the $20 odds $10 and $5 on the don’t pass.
At a 3-4-5 times odds tables, the maximum odds win is six times the pass line bet for every number. On a $5 bet, the player could bet $15 on 4 and 10, $20 on 5 and 9 and $25 on 6 and 8. Each of the bets wins $30 if the point is rolled before a 7. From the don’t pass, the player can lay $30 on any of those numbers and win the amount the pass line would have bet. For example, on a 4 point, the player could lay $30 to win $15. This bet wins if the 7 comes before the point. It loses if the point is rolled first.
Other craps bets
The craps felt is covered with different types of bets. These are the ones you will find in every Las Vegas casino:
Field
Field is a one-roll bet. The player wins on a 2, 3, 4, 9, 10, 11 and 12. The field pays double on 2. The 12 either pays double or triple on 12, depending on the casino.
Place
A place bet is made on one of the six numbers that can be points. The bettor would like that number to come before a 7. The payouts at 9:5 on 4 and 10, 7:5 on 5 and 9 and 7:6 on 6 and 8.
Buy
A buy bet is like a place bet except it has a different payout. The player pays 5% on the bet in commission. It is generally available on 4 and 10. The house will often give the player a free buy on bets of $20 or more.
Hardways
The hardways are the sets of doubles in the middle of the table. These bets pay out if the hardway is rolled before an easy way or a 7. The hard 4 and 10 pay 7:1. Hard 6 and 8 pay 9:1.
Any craps
Any craps is a one-roll bet. It pays 9:1 if a 2, 3 or 12 is rolled.
Hop bets
Hop bets are one-roll bets. These are an exact calling of the dice rolled. Hardways pay 30:1. All other rolls pay 15:1. The 2, 3, 11 and 12 are often shown on the table. Many houses will let the player hop any dice combination.
Las Vegas craps FAQ
Can I play $1 craps in Las Vegas?
Club Fortune in Henderson deals $1 craps with 3-4-5 times odds.
Can I play $5 craps on the Las Vegas Strip?
Sahara deals $5 craps during slow times. Otherwise, Las Vegas Strip craps starts at $10 and higher.
What are the best craps odds in Las Vegas?
The Cromwell on the Strip offers 100 times odds. Sam’s Town has 20 times odds. Main Street Station likely will when it reopens.
Does the field pay triple on 12 in Las Vegas?
About half of Las Vegas casinos, including all MGM properties, pay triple on 12 on field bets. The full list is in a section on this page.