The other bet to think about at the craps table is the odds bet. This is a bet you can only place after making one of the 4 bets I already mentioned and when the shooter has set a point.

This is one of the only bets in the casino that has no house edge. It can also drive the effective house edge on the money you have in action down to almost nothing.

With the odds bet, you can get the house edge in craps lower than 0. Yet, you will mostly hear or read gambling experts say you should play the game because of its really low house edge.

Remember that anything with a low house edge offers a low payout too. Below we explore this idea by first looking at the craps bets with the lowest house edges and then looking at why sticking at these bets is a good idea.

You make this bet before the shooter rolls the dice. Both of these bets pay A Pass Line bet wins if the come out roll is 7 or However, you lose the bet if the come out roll is 2, 3, or If a point number is established, pass line bets win if the point number is rolled again.

It loses if the number 7 is rolled before that. The house edge on a Pass bet is 1. To the uninitiated, a craps table resembles a labyrinth. Dozens of different wagers are outlined on the felt, and a whole other set of supplementary bets are verbalized to the army of dealers and staff on hand.

A bustling crowd of players huddles in anticipation of the next roll. Between the frenetic pace of play, the cacophony of sounds, and the whirling dervish of multicolored chips being passed back and forth, a craps game is an intense experience.

The allure of an average Las Vegas craps table offers an interesting dichotomy, as the desire to play is often deterred by the lack of knowledge most people assume craps requires.

A newbie saunters by and stops, craning their neck to catch a glimpse of the next roll. When a cheer goes up from the crowd of players, the rookie leans closer, perhaps pawing at their wallet while thinking about getting in the game.

But after second thought, these players tend to keep on walking, suffering from the mistaken belief that only self-styled craps experts are welcome.

Most casino games tend to offer binary gameplay dynamics, or close to it. Blackjack beginners need only know how the card ranks and how to count to The game only involves one base wager.

Even slots and video poker offer a two way street in terms of gameplay: place your wager and hope the next spin or deal produces a winner.

But in the game of craps, those traditional elements seem to change across the board. The gameplay can alternate between staccato short rolls and extended sessions involving dozens or more.

And of course, the betting board offers more than different wagers and related iterations. All told, craps is a decidedly more complex casino game than the alternatives mentioned above.

Especially when almost all those wagers are nothing more than window dressing for the sharp player. Craps is a game that appears to contain levels upon levels of wagering variety, but only a few of those bets matter.

The rest are longshots, crafted specifically by the casino to entice unsophisticated gamblers into backing poor odds. Breaking things down based on the house edge carried by each individual wager is the best way to determine which craps bets to back and which to avoid.

Take a look at my list below before your next trip to Las Vegas or your local casino. Study my seven best craps bets ahead of time.

It will lose if the player throws seven or eleven. Throwing 12, the wager neither wins nor loses, and it becomes pushed.

If any other value comes out of the roll, this value becomes the point. In case the shooter hits the point again, the bet releases a loss, but the wager is winning if the shooter rolls seven.

A come bet will win if the shooter rolls seven or eleven, and it will lose if the shooter throws two, three or twelve. In case the player throws any other number of the dice, it becomes the point for the come bet.

Thus, if the dice roll five, then five is the point. The shooter throws again, and the wager is still valid. The bet wins if the shooter rolls five again and loses in case the result of the throw is 7.

The bet succeeds if the dice run two or three. Any other number fixes the point and the stakes continue to be valid until the shooter rolls the point and your bet loses or they throw seven and your bet wins.

Now that you are familiar with the four most essential bets in the dice game, we will describe the other types of wagers, so that you will be able to establish your craps betting strategy.

Odds wagers resemble side bets, and players make them after the establishment of a point in each game. The pass line odds enhance your pass line bet after the establishment of a point.

It loses if the shooter throws seven and wins if they roll the point before rolling seven. The key benefit of the pass line odds wager is that you win, you get your payment at true odds, which means that there is hardly any house edge.

The payouts are different depending on the point. Thus, if the point is four or ten, the ratio is If the point is five or nine, the payouts are , and in case the shooter throws six or eight, the payouts are There is a limit as to the stake because there is no house edge in this case.