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History
In casino craps, the players place their bets and the casino bank "covers"
them. In addition to covering every player's bet, the casino-banked craps
game offers many other types of proposition bets. These bets, along with the
basic "pass" and "don't pass" bets, will be explained.
There are four people actively running the game. The box man, who sits behind
the middle of the table, is the boss. He keeps a constant watch over the
game. The two dealers on each side of him pay off the winners and "rake" in
the losers' chips. Each dealer handles all the players on his side. The
table is divided by the center box of proposition bets and also by the
stickman, who stands on the players' side of the table.
The stickman controls the action of the dice and the pace of the game. After
seeing all bets are down, the stickman pushes a few sets of dice to the
shooter. That players selects a pair of dice and is ready to roll them
across the table so that they hit the wall at the opposite end. If, on the
first roll, you make a 7 or 11, you've rolled a "natural" and you win. What
you win is the equivalent amount of chips you have bet on the pass line.
If you roll a 2, 3 or 12 on your first throw, that is called "craps" and you
lose. The dealer picks up your pass-line bet. However, the shooter does not
relinquish the dice. He continues to roll until he "sevens out."
If, on the first roll, you shoot a 4, 5, 6, 8, 9 or 10, that is your
established "box point." The object then is to keep rolling the dice until
you make that number again. You lose, however, if you roll a seven before
making your box point.
SEVEN
This one-rol l bet pays odds of 4 to 1, correct odds are 5 to 1 with the
difference giving the house a 16,66% edge.<
ELEVEN
This is another one-roll bet. It pays 14 to 1, but the true odds are 17 to 1
with a house percentage of 16.66%...bad bet!
PLACE BETS
The 4 and 10 pay 9-5, true odds 10-5, yielding a house edge of 6.66%. The 5
and 9 pay 7-5, true odds are 7.5-5 (house edge 4%). The 6 and 8 pay 7-6,
true odds are 6-5 (house edge 1.51%.
BUY BETS
Player pays 5% "vigorish" to get true odds on all numbers. Only the 4 and 10
make buy bets worthwhile. They reduce the house edge to 4.76%.
HARD WAYS
This bet can be made on the 4, 6, 8 and 10. Payoff is 9 to 1 on the 6 or 8
and 7 to 1 on the 4 or 10. The house edge is 9.09% and 11.11%, respectively.
Another bad bet.
COME BETS & DON'T COME
Even money bet with the exact same house percentages of 1.414% and 1.402%,
as the pass line bets.
PASS LINE
Pays even money (house edge is small, 1.414%). One of the best bets on the
table.
DON'T PASS
Pays even money (house edge 1.402%). Slightly better odds than pass line bet
odds.
THE FIELD
A one-roll bet that pays even money or 2 to 1 on 2 or 12. House edge is
5.55%.
ANY CRAPS
This is a one-roll bet. if a 2, 3 or 12 hits, you'll get 7 to 1 odds. House
edge is 11.11%, which makes this a bad bet.
BIG 6 & 8:
Player bets in boxes marked as such as receives even money instead of 6 to 5
true odds. House has a 9.09% edge.
HORN BET:
Although the 2, 3, 12 and 11 may be bet separately, this area is also known
as the "horn." A player makes a horn bet by handing the bet to the dealer,
calling out, for example, "$4 horn bet." This would give him $1 on each of
the four one-roll propositions. Payoff is 30 for 1 on a 2 or 12, A 3 or 11
pay 15-for-1. True odds are 35 to 1 (2 & 12) and 17 to 1 (3 & 11). The house
edge on all four bets is a whopping 16.66%. Obviously a bad bad bet. Not
recommended!
ODDS:
When a point is made (either the shooter's point on his first roll, or a
come point on a succeeding roll), a player can take the odds. He will
receive 2 to 1 on 4 and 10; 3 to 2 on 5 and 9; 6 to 5 on 6 and 8. He lays
the same odds when he bets against the point.
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