Part One
Let's say that you are a new player and have just come to the craps table. The shooter loses on the next throw. A new game is about to begin. The two bets you can choose from now are Pass Line or Don't Pass Line. A pass line bet means you want the shooter to win; a Don't Pass Line bet means you are gambling with the house.
The shooter is about to throw the dice for his game. This is called the Come-Out throw. If the shooter throws a 7 or an 11 he wins automatically and all Pass Line Bets win as well. In this case all Don't Pass Line bets lose automatically
If the shooter throws a 2, 3, or 12 on his Come-Out throw, he loses automatically and all Pass Line Bets lose as well. The Don't Pass Line bets win automatically when shooter's Come-Out throw is 2 or 3. If the Come-Out throw is 12 the Don't Pass Line bets don't win. The 12 is "barred".
If the shooter rolls 4, 5, 6, 8, 9, or 10 that number is called the Point. Now the object of the game, for the shooter and for everyone who bet for him to win, is to roll the Point again before rolling a 7. Now if the shooter rolls a 7, he and all the Pass Line bettors lose. Of course, in this case the Don't Pass Line bettors win.
To summarize: the shooter throws the dice to either establish the point, to win at once, or to lose at once. People who bet on the shooter all the way make a Pass Line Bet. People who wish to bet against the shooter make a Don't Pass Line Bet. With just this much understanding of the game you can start betting at Craps.
Part Two
After the Point is established, a bettor can enhance his odds and actually reduce the house's advantage. This is because Pass Line and Don't Pass Line bets pay even money. They pay even money because all the number combinations are in play on the Come-Out throw. After the Point is established the odds change. Now a bettor can make a Free Odds bet. This means that, if the Point is rolled before a seven is rolled, the house will pay true odds.
If seven is rolled before the Point then both the Pass Line and the Free Odds bet lose. But if the Point comes up before the seven the Pass Line wins and pays 1-1 and the Free Odds bet wins and pays according to this scale: 6-5 for a Point of six or eight; 3-2 for a Point of five or nine; and 2-1 for a Point of four or ten.
Part Three
The next bets to consider are the Come and Don't Come bets. These bets are similar to the Pass Line and Don't Pass Line bets with one very big exception. They can be made only after a Point has been established. Then, for the player making a Come or Don't Come bet, the next throw is a Come-Out throw for him only. The Point established for the Come and Don't Come bets is called the Come Point.
The advantage to the bettor of making a Come or Don't Come bet is that he will then have more numbers in play.
Come and Don't Come bets can also be enhanced with an Odds bet.
Part Four
Now we will discuss several other bets available to the bettor.
- Place bets can be made after a Point has been established. As you know, the Point will be 4, 5, 6, 8, 9, or 10. A Place bet says one other point number will come up before the Point or a seven. For example, if the Point is 5, you can bet on any other of the point numbers to come up before the point or a seven. Place bets are considered sound only on the six and eight.
- Buy bets are like Place bets. The difference is in the payout. Buy bets pay true odds but the house takes a 5% commission.
- Lay bets are another variation of the Place and Buy bets. Here the bettor says that seven will be rolled before any of the point numbers. Lay bets pay true odds but the house takes a 5% commission.
- Hard Way - this bet says that a double will be rolled before a seven or the same number the "easy way". Hard Way is double twos, threes, fours, fives, and sixes. It is not advised as it is similar to a Place bet but with worse odds.
- Easy Way - This is the opposite of Hard Way and is not advised for the same reason.
- Big Six or Big Eight bets say a six or an eight will be rolled before a seven. They pay 1-1. It is considered wiser to simply make a Place bet on six or eight instead.
The following is a quick rundown of Proposition bets. These are one-throw bets with high house advantages.
- Field bets are placed in the designated area on the table. This bet says that the next throw of the dice will be 2, 3, 4, 9, 10, 11, or 12. It pays 2-1 on two and twelve and 1-1 on the other numbers. It is considered an unsound bet.
- Any Seven - This bet says that the next roll will be a seven. It pays 4-1.
- Any Eleven - This is a bet that the next throw will be an eleven. It pays 15-1.
- Any Craps - This is a bet that 2, 3, or 12 will be rolled next. It pays 7-1.
- Horn Bet - This is a bet on 2, 3, 11, or 12 as the next throw. It pays 7-1 on 2 or 12; 3-1 on 3 or 11.
- Two - Bettor bets on two as the next throw. It pays 30-1.
- Three - Betting on three as the next throw. It pays 15-1.
- Yo - Bet on eleven as the next throw. It pays 15-1.
- Twelve - It pays 30-1.
- Hi-Lo - A combination bet on two and twelve. It pays 15-1.
- C and E - The player bets half the bet on craps and the other half on eleven. One bet surely will lose; the other could win. It pays 3-1 on craps and 7-1 on eleven.
- Big Red (aka Any Seven) - This is a bet on seven only. It pays 4-1.
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