Below you'll find a list of craps facts and things to keep in
mind that you should review prior to playing craps, whether you
are playing at land based casinos or at online casinos.
Craps Facts
• The shooter's attempt to pass is the
basic contest in craps. Players can wager with the shooter on
the pass line or against the shooter on the don't-pass par. These
do and don't bets have a house edge of 1.4 percent.
• Come and don't come bets are made after
a point has been established. They are independent of the shooter's
contest, but otherwise they operate by the same rules as pass
and don't-pass. Come and don't come have 1.4 percent house edge.
• Odds are an additional bet made in conjunction
with a pass, don't pass, come or don't come wager. Odds wagers
have a zero percent house edge; this makes them the best bet in
craps.
• Taking or laying odds in combination
with a flat bet reduces the house edge on the overall wager. It's
always a good idea to bet maximum odds and lower the flat bet
accordingly.
• Place bets and buy bets are similar
to taking odds on the pass line, but they don't require a previous
wager. Unfortunately the house pays less than true odds for winning
place bets and charges a vig (a fee) for buy bets.
• Lay bets are similar to giving odds
on the don't. A previous wager is not required, but the house
charges a vig for the bet.
• Bets in the center of the table are
called proposition bets. They have a high house edge. You should
avoid them.
• Big six and big eight are sucker bets.
• Avoid insurance bets. They're a waste
of money.
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