Alright. For the sake of simplicity, I’m breaking up the Craps into multiple sections. I’ll get more into detail on strategy and odds and such later, but, do know that I’m starting with what are the two best bets on the table (and, for that matter, the casino floor), as well as the two most central to the game of Craps itself.
First, a basic clarification. Only one person rolls the dice at a time in Craps, and this player rotates whenever a player sevens out. All bets placed on the table are bets on the performance of this one roller, or “shooter.”
The Pass Line is the basis of the entire Craps game. The pass line should be bet when the “button,” or round plastic disc in front of each dealer, is black, and reads “off.” This initial roll is called the come-out roll.
A bet is placed on the pass line. On the come out roll, this bet wins even money on a 7 or 11, and loses on a 2, 3, or 12.
Any other number, as an attentive player will notice, is listed in a box across the top of each side of the Craps layout. If any number other than 7, 11, or 2, 3 and 12 (Craps) is rolled, the button is flipped to the white “ON” side in or behind the box with that number, and the game is on, and the number rolled becomes the point.
Now, the pass line bet is a bet that the “Point” will repeat before a 7 is thrown. This bet pays even money. Now for the good part. There is a bet, which, not surprisingly, is not listed on the layout, but is available at any casino craps table. It is the odds bet. It is the only bet on a Craps table, or on the casino floor, on which the house has no advantage (other than the fact that it must be attached to a pass line bet). This bet pays true odds, or the actual odds that the number will repeat before a 7. The odds very by point.
6 and 8 odds pay 6:5
5 and 9 odds pay 3:2
4 and 10 odds pay 2:1.
The maximum ammount of the odds bet should be listed next to the table limits. For instance, in Las Vegas, it is common to see signs that read,
“Table limit-$5-5000
2xodds”
This means that you can bet twice your original pass line bet as an odds bet, or “behind the line.”
The pass line bet and the odds bet are only affected by rolling the point or a 7. If the first roll is a 6, any number other than a 6 or 7 will leave the bets in tact. A 6 will result in the pass line being paid even money, and the odds being paid 6 to 5. Finally, a 7 will result in a loss of both the pass line and odds bets.
The come bet is identical to the pass line, except that it is made once a point has been established. A player may only bet the “come” line when the game is “on.” On the very next roll, a 7 or 11 will win even money; any Craps (2, 3, or 12) will lose. Any other number being rolled will result in the dealer (not the player) sliding the bet into the box marked by that number. To place odds on this bet, the player will drop chips on the table and ask the dealer to place the odds. The bet will then remain intact unless the same number is repeated, or a 7 is rolled.
In the event that the point is rolled before a come bet hits or loses, the come bet still remains in tact. The only confusing part about this is that, on a come out roll, the bet is working and the odds are not. That is, if the point is 6, and a player has a come bet on the 9, and a 6 is rolled, the 9 bet is still the same. If, on the very next roll, a 9 is rolled, the player will be paid even money on the come bet, and their odds will be handed back, but not paid. If a 7 is rolled, the come bet will be lost, but again, the player will be given back their odds.