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Craps Bets To Avoid

PLACE BETS

A Place Bet is placed after a point is made (4, 5, 6, 8, 9 or 10). Place bets can be put on any of these numbers to win or lose. Multiple place bets can be placed and a place bet can be taken off the table after a roll. The table below lists the House Advantage for all Place Bets. If you make a Place bet for a number to win, the bet wins if that number is rolled before a 7. If you make a Place bet for a number to lose, the bet will win if a 7 is rolled before that number.

HOUSE ADVANTAGE BY BET
BET
PAYOUT
H. A.
4 OR 10 TO WIN
9 TO 5
6.67%
4 OR 10 TO LOSE
5 TO 11
3.03%
5 OR 9 TO WIN
7 TO 5
4.00%
5 OR 9 TO LOSE
5 TO 8
2.5%
6 OR 8 TO WIN
7 TO 6
1.52%
6 OR 8 TO LOSE
4 TO 5
1.82%

BUY/LAY BETS

A Buy or Lay bet is similar to a Place bet. With Buy or Lay bets the player pays a 5% commission to get true odds on a number. Most casinos charge a minimum of $1. A Buy Bet is a bet placed on a number to win. A Lay Bet is a bet placed on a number to lose. The House Advantage of all Buy and Lay bets is 4.76%. The table below lists the payouts associated with each Buy or Lay bet.

NUMBER
PAYOUT
4 OR 10
2 TO 1
5 OR 9
3 TO 2
6 OR 7
6 TO 5

FIELD BET

A Field Bet is a one-roll bet. This type of bet is only good for the next roll of the dice. A Field Bet pays even on a roll of 3, 4, 9, 10 or 11 and 2 for 1 on a roll of 2 or 12. The House Advantage for a Field Bet is 5.56%.

BIG 6 and BIG 8

A Big 6 bet is a bet that a 6 will be rolled before a 7 is rolled. A Big 8 bet is a bet that an 8 will be rolled before a 7 is rolled. Both of these bets pay even money. The House Advantage for each of these bets is 9.09%. If you are at the Craps table and feel the urge to make one of these bets, consult a psychiatrist or make a Place Bet on a 6 or 8. The Place bet will win on the same rolls but pay out at 7 to 6 instead of 1 to 1 (the same as 6 to 6). Betting this way will drop the House Advantage from 9.09% to 1.52%.

Source: WorkTheOdds 
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