- You can bet $2 per roll of the dice in craps, and you can place an odds bet of up to 100X, or $200. The cumulative house edge on a pass line bet taking maximum odds drops to just 0.02%.
- The house edge on the Pass Lineis 1.41%, so for every $5 bet you make you'll lose seven cents on average. ($5 x1.41% = $0.07.) Why is this important? Because some craps bets have a hugehouse edge, and making those bets just means you're throwing your money away. Smartgamblers seek out the games and bets with the lowest edge.
The pass line bet is the first bet you make before the come out roll. Some casinos will require that the shooter place one of these bets before rolling, and in some casinos, they require that every player who wants to make any bets place a pass line bet. During the come out roll, if a 7 or 11 is rolled, the pass line bet is paid out at 1:1. To understand every bet on the craps table? In fact, you only need to understand a few bets to have a good time playing craps. Most of the bets on the table are 'fluff' and don't offer great odds to the player. You can go your whole craps career without learning what these bets are or how to utilize them. Stay Disciplined.
The Any Craps bet is yet another popular craps wager that often goes by the name of 'Three Way'.
Considered by many a 'bail-out bet', it is sometimes used by players as somewhat of insurance to offset their losses on the pass line. It bet can be placed at all times and does not require one to wait for the come-out roll of the dice to pass.
Some players prefer to avoid it, however, as it has a significant house edge attached to it causing them to suffer losses even when their Any Craps bets win.
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The Any Craps Bet Explained
The name of the wager indicates players are betting one of the three craps numbers will be rolled on the next throw of the dice.
Any Craps bets are not self-service bets which means the only person who is permitted to place chips on the layout for this type of wager is the stickman. Due to security reasons, players are not allowed to have hand-to-hand contact with any member of the table's staff.
One important thing to consider with craps is the etiquette you are required to comply with while at the table. The correct way to place this bet is to toss your chips in the center section of the layout and then ask the stickman to position them in the Any Craps box. Players are advised to toss their chips very lightly out of consideration for the table's staff as the latter will fail to appreciate it if you knock any other chips out of position when you're tossing yours.
Similarly to the Any Seven bet, the Any Craps is a one-roll bet so whether a player wins or loses is determined by the next dice roll.
The dice are not necessarily required to have 'come out' in order for you to bet on Any Craps. While only one roll of the dice is necessary to determine the outcome, Any Craps is considered a multiple-way bet since players are betting on several possible outcomes of the dice roll. Thus, your Any Craps bet will win as long as one of the three craps numbers 2, 3 or 12 is rolled on the shooter's next toss. When a craps number fails to show, players lose their bets.
Very often inexperienced players tend to confuse this type of bet with the so-called 'seven-out', but the two are fundamentally different.
When seven-outs are rolled, they end one shooter's round and indicate the start of another pass line round. The use of proper terminology while at the table is essential, first of all, because it helps both the staff and other players to avoid confusion. Then again, if you improperly substitute one term for another on a regular basis, the staff will quickly discern you are lacking experience and might attempt to lure you into placing higher house advantage bets.
Odds for the Any Craps Bet
What are the odds of winning with an Any Craps bet?
Every Craps Bet Explained
To answer this question, one needs to consider the number of possible combinations that add up to the three craps numbers' totals. Thus, both 2 and 12 have only one combination that adds up to their total – 1-1 and 6-6, while the number 3 has two combinations 1-2 and 2-1. This makes for a total of four winning combinations.
From this, it follows there are only four possible ways to win as opposed to the 32 combinations that will result in a loss with this bet. Logically, payouts for Any Craps bets should be equal to 8 to 1 as 32 divided by 4 is 8.
However, things tend to be a bit unfair with this type of wager.
Winning Any Craps bets have payouts listed as 8 for 1 in most instances. Pay attention to the phrasing as 8 for 1 indicates you will receive $7 for your $1 winning bet – the house keeps players' initial wagers. It turns out Any Craps practically pays out 7:1 and not 8:1 like many inexperienced players tend to think.
However, it is possible to take down your initial Any Craps bet.
Let's assume you have placed $5 on Any Craps and you win, your profits will then amount to $35 instead of $40 since your initial $5 bet is multiplied by the number 7. The remaining $5 are left in the Any Craps box for the next dice roll. If you are not satisfied with this proposition, you can turn to the stickman and ask him to remove your chips from the table, in which case the dealer will pay you out the entire $40 you have won, but will keep the $5 bet from the table's layout.
This type of bet boasts a big built-in advantage for the house.
To determine the house edge for this bet players can simply calculate what percentage is 4 (the number of winning combinations for Any Craps) out of 36, which is the number of all possible combinations. So the house edge for Any Craps bets is equal to 11.11%, meaning that players will lose $11.11 per every $100 Any Craps wager they place.
Conclusion
As you can see for yourselves, Any Craps bets have a significant house edge that works to players' disadvantage even when they are winning. Experienced players often resort to the Any Craps bets as a means to hedge their flat Pass Line bets.
One example of this would be to place a $10 flat Pass Line bet and $1 on Any Craps. Thus, if a craps number is rolled on the come-out of the dice, the player will lose their $10 on the pass line, but will win $7 with their Any Craps bet which is still a consolation of some sort.
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The Any Craps Bet Explained
The name of the wager indicates players are betting one of the three craps numbers will be rolled on the next throw of the dice.
Any Craps bets are not self-service bets which means the only person who is permitted to place chips on the layout for this type of wager is the stickman. Due to security reasons, players are not allowed to have hand-to-hand contact with any member of the table's staff.
One important thing to consider with craps is the etiquette you are required to comply with while at the table. The correct way to place this bet is to toss your chips in the center section of the layout and then ask the stickman to position them in the Any Craps box. Players are advised to toss their chips very lightly out of consideration for the table's staff as the latter will fail to appreciate it if you knock any other chips out of position when you're tossing yours.
Similarly to the Any Seven bet, the Any Craps is a one-roll bet so whether a player wins or loses is determined by the next dice roll.
The dice are not necessarily required to have 'come out' in order for you to bet on Any Craps. While only one roll of the dice is necessary to determine the outcome, Any Craps is considered a multiple-way bet since players are betting on several possible outcomes of the dice roll. Thus, your Any Craps bet will win as long as one of the three craps numbers 2, 3 or 12 is rolled on the shooter's next toss. When a craps number fails to show, players lose their bets.
Very often inexperienced players tend to confuse this type of bet with the so-called 'seven-out', but the two are fundamentally different.
When seven-outs are rolled, they end one shooter's round and indicate the start of another pass line round. The use of proper terminology while at the table is essential, first of all, because it helps both the staff and other players to avoid confusion. Then again, if you improperly substitute one term for another on a regular basis, the staff will quickly discern you are lacking experience and might attempt to lure you into placing higher house advantage bets.
Odds for the Any Craps Bet
What are the odds of winning with an Any Craps bet?
Every Craps Bet Explained
To answer this question, one needs to consider the number of possible combinations that add up to the three craps numbers' totals. Thus, both 2 and 12 have only one combination that adds up to their total – 1-1 and 6-6, while the number 3 has two combinations 1-2 and 2-1. This makes for a total of four winning combinations.
From this, it follows there are only four possible ways to win as opposed to the 32 combinations that will result in a loss with this bet. Logically, payouts for Any Craps bets should be equal to 8 to 1 as 32 divided by 4 is 8.
However, things tend to be a bit unfair with this type of wager.
Winning Any Craps bets have payouts listed as 8 for 1 in most instances. Pay attention to the phrasing as 8 for 1 indicates you will receive $7 for your $1 winning bet – the house keeps players' initial wagers. It turns out Any Craps practically pays out 7:1 and not 8:1 like many inexperienced players tend to think.
However, it is possible to take down your initial Any Craps bet.
Let's assume you have placed $5 on Any Craps and you win, your profits will then amount to $35 instead of $40 since your initial $5 bet is multiplied by the number 7. The remaining $5 are left in the Any Craps box for the next dice roll. If you are not satisfied with this proposition, you can turn to the stickman and ask him to remove your chips from the table, in which case the dealer will pay you out the entire $40 you have won, but will keep the $5 bet from the table's layout.
This type of bet boasts a big built-in advantage for the house.
To determine the house edge for this bet players can simply calculate what percentage is 4 (the number of winning combinations for Any Craps) out of 36, which is the number of all possible combinations. So the house edge for Any Craps bets is equal to 11.11%, meaning that players will lose $11.11 per every $100 Any Craps wager they place.
Conclusion
As you can see for yourselves, Any Craps bets have a significant house edge that works to players' disadvantage even when they are winning. Experienced players often resort to the Any Craps bets as a means to hedge their flat Pass Line bets.
One example of this would be to place a $10 flat Pass Line bet and $1 on Any Craps. Thus, if a craps number is rolled on the come-out of the dice, the player will lose their $10 on the pass line, but will win $7 with their Any Craps bet which is still a consolation of some sort.
Every Craps Bet Explained
Nevertheless, craps novices are recommended to avoid this combination or to stick predominantly to Pass Line and Come/Don't Come bets since these have the lowest house edge.
