Craps Odds Explained – House Edge and Payout Charts

Craps is one of the most exciting casino games, available for players at land casinos and online. Unfortunately, many players steer clear of the game because it looks more complex than it really is. However, once players learn the game, they can get impressive returns. In this guide, we address craps odds, payouts, and the house edge, providing details on each and several handy tables. So, let’s jump in.

3D table game of Craps.

What Are the Craps Odds Payout Values

The craps payout odds vary between 30:1 and 1:1. The craps house edge and the true odds of a wager determine the payout odds.

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What Are the True Odds in Craps?

The true odds indicate the probability of winning a craps bet. For instance, if the online casino reflects the true odds at 2:1, this infers that, on average, you can expect to lose the game twice for each win you make. In other words, true odds indicate your chance of winning craps. You can also convert these to determine your craps win percentage.

What is the House Edge?

The house edge refers to the difference between the true odds of a craps bet and the actual odds an online casino pays out to the winner. In other words, the house edge is the casino’s profit from each game. For this reason, the lower the craps house edge, the better for the player wagering on the game, as they will receive greater odds and a higher payout.

When playing the game, one of the best craps strategies a player can employ is to attempt to lower the house edge as far as possible. Since the craps house edge can be as much as 16.9% for some bets (Any 7), which can lead to a substantial loss when playing, this is a top tactic to learn.

What Are the Best Odds in Craps?

Pass bets, Don’t Pass bets, and Lay bets offer the best craps odds. Pass and Don’t Pass bets feature odds of 1:1 and have the lowest house edge of 1.41, which makes winning these wagers highly lucrative. Lay bets or online craps wagers that allow bettors to get true odds on a seven thrown before a specific number is rolled, have slightly lower odds of 2:1, 3:2, and 6:5. However, the house edge on these wagers is zero, meaning the payouts are typically better.

Craps Odds Payout Chart

There are a myriad of craps bets a player can wager, making it tricky to keep tabs on the craps payout for each. So, to help you out, we created the following craps odds payout chart that will help you keep track of the various bets and what they’re worth.

Bet type True Odds Payout Odds House Edge
Pass Line Odds 2 to 1 2:1 1.41%
Pass Line Odds / Come Bet Odds / Buy Bets (4 or 10) 2 to 1 2:1 4.76%
Pass Line Odds / Come Bet Odds / Buy Bets (5 or 9) 3 to 2 3:2 4.76%
Pass Line Odds / Come Bet Odds / Buy Bets (6 or 8) 5 to 6 5:6 4.76%
Don’t Pass Odds 2 to 1 2:1 1.36%
Don’t Pass Odds / Don’t Come Odds / Lay Bets (4 or 10) 2 to 1 2:1 2.44%
Don’t Pass Odds / Don’t Come Odds / Lay Bets (5 or 9) 3 to 2 3:2 3.23%
Don’t Pass Odds / Don’t Come Odds / Lay Bets (6 or 8) 5 to 6 5:6 4%
Place Bets (4 or 10) 2 to 1 9:5 6.70%
Place Bets (5 or 9) 3 to 2 7:5 4%
Place Bets (6 or 8) 6 to 5 7:6 1.52%
Field Bets (3, 4, 9, 10 or 11) N/A 1:1 5.50%
Field Bets (2 or 12) N/A 2:1 5.50%
Hardways (6 or 8) 10 to 1 9:1 9.09%
Hardways (4 or 10) 8 to 1 7:1 11.10%
Any 7 5 to 1 4:1 16.90%
Any Craps 8 to 1 7 to 1 11.10%
2 Craps or 12 Craps 35 to 1 30 to 1 13.90%
3 Craps or 11 Craps 17 to 1 15 to 1 11.10%
Big 6 or 8 N/A 1 to 1 9.09%
Horn Bet (3 or 11) N/A 3.75 to 1 N/A
Horn Bet (2 or 12) N/A 7.5 to 1 N/A

What is the House Edge in Craps

The craps house edge is something we briefly discussed earlier. Generally, the best online casinos use the house edge to calculate the percentage of the initial wager players put down they can expect to earn over the long term. Online and land-based casinos use the rules of the game to determine their applied house edge. By doing this, the casino is able to reduce its losses when a player wins big.

Since the craps house edge varies with each bet, it is essential to consider this value when applying a strategy to craps. The true odds will help you calculate your chances of the bet coming through. Then, look at the craps payout odds to figure out whether the winnings offered for that bet are worth the risk. You can find all of these values in our craps odds chart above.

For example, the true odds of rolling a seven are 5 to 1, so if the bettor were to win their wager here and they had put $10 on the bet, they should receive $50 in winnings. However, because the online casino applies a house edge, the payout odds come down to 4 to 1 for this particular wager. As a result, the player will only receive a $40 payout if they win their bet.

How to Calculate a Craps Payout

When you are calculating your craps payout, always use the payout odds in the craps odds chart above and not the true odds to determine the value of your wager. While determining the payout odds of a craps bet may seem daunting, it becomes a lot simpler to calculate potential payouts quickly by breaking the odds into segments.

For example, if you were to wager a Place bet on four and you review our craps odds table, you will see the payout odds here are set at 9:5. What this infers is that for each $5 wager you win, you will receive a payout of $9.

But what if the table you were playing at has a minimum bet limit of $20? If you wager a place bet on four with payout odds of 9:5, your $20 wager is equal to four $5 units. So you will need to multiply the casino payout value (nine) by the number of units you want to wager to work out your potential payout for a winning bet. Here, the sum would be 9×4. So, if you wagered a $20 Place bet on four with odds of 9:5, your payout if the shooter lands a four will be $36.

However, if this all seems a little much and you’re not great at doing math on the fly, you can always use a craps house edge calculator to determine your odds and payouts.

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Working Out a Craps Payout for Any Bet Value

Another way to determine a craps odds payout for any wager you put down is to use a decimal value. Here, you must convert the payout odds value from a fraction (9:5) to a decimal. Then, you will need to multiply this decimal value by the amount you wish to put down as a bet to calculate how much you would win if you wagered this bet and it won.

For instance, again using the Place bet on four where there are craps payout odds of 9:5, when converted to a decimal, the figure becomes 1.8. As a result, you will need to multiply your $20 bet by 1.8. (20 x 1.8 = 36). So, if you won the bet, your payout would be $36.

Handy Tip

To convert a fraction to a decimal, divide the numerator (first number or number on top) by the denominator (number at the bottom). So, 9:5 becomes 9 ÷ 5 = 1.8.

The Odds in Craps – How Do they Compare for Each Bet

In craps, each bet comes with its own odds and craps win percentage. Players looking to find the best odds in craps must look at the various wagers available and understand how they work and the odds attached to them. By doing this, bettors make it easier to wager lucrative bets and take advantage of the odds provided.

Below, we take a closer look at the different craps bets and the odds they provide:

The Pass Line

House Edge 1.41%
Odds 251 to 244
Payout Odds 1 to 1

The wager with the best craps house advantage also happens to be the easiest and most popular bet to wager when playing craps. The Pass Line has a low house edge of just 1.41% and offers some of the best odds in craps at 1:1.

Players typically wager this bet before the come-out roll. In this case, if the shooter rolls a seven or an 11, players win their pass bets and are paid out at odds of 1:1. In contrast, if the shooter lands a two, three, or 12, those who have wagered on the Pass Line lose their bets. Any other number landed sets the point.

Once the point is set, if the shooter lands the point number before rolling a seven, all players win their Pass Line bets. However, if the shooter sevens out, all Pass Line bets are lost.

Don’t Pass Line Bet

House Edge 1.36%
Odds 976 to 949
Payout Odds 1 to 1

Another wager that you will find provides excellent craps odds betting is the Don’t Pass Line bet. This wager offers the opposite of the Pass Line bet and has an exceptionally low house edge of 1.36%. Additionally, bettors winning this wager are paid even money which means their probability of winning craps using this wager is 1 to 1.

Here, players wager the bet before the come-out roll. If the shooter lands a two or a three, the bettor wins their wager. However, a seven or an 11 causes a loss. Again, any other number sets the point, with the exception of a 12, which results in a push.

If the point is landed again before a seven, the player wins their bet, but if the shooter lands a seven, the bettor loses their wager.

Any Seven

House Edge 16.67%
Odds 5 to 1
Payout Odds 4 to 1

The Any Seven bet is a proposition bet, and it also has one of the worst craps house advantage values which is set at 16.67%. However, this bet is relatively straightforward. Here, a player wagers that the next roll will land on a combination of numbers that add up to seven. In other words, you have a craps probability of either winning or losing.

Since the wager offers six ways to win (seven has the most combinations of all the numbers) and 30 ways to lose the bet, which means the craps odds betting value is poor and set at 4:1.

Craps Bet

House Edge 11.11%
Odds 8 to 1
Payout Odds 7 to 1

Another proposition bet is the Craps bet. This is another straightforward bet that players will either win or lose straight up. Here, a bettors wager on the shooter rolling a two, three, or 12, making it a common hedge bet. This wager carries a craps house edge of 11.11%, making it one of the higher prop bets on craps. While this wager is fairly solid, with odds of 7:1, it is best to rather focus on come out wagers instead.

Taking the Odds

House Edge 0%
Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Craps Odds betting is unique in that it has a craps house advantage of zero. As a result, the payout odds are the same as the true odds for this bet.

The Odds bet is a side wager and is based on the point. Here, players wager that a specific number will be landed before a seven. There are several outcomes a bettor can put their money on that all come with unique odds, as highlighted in our craps odds table above.

Laying the Odds

House Edge 0%
Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

This bet is the exact opposite of the Taking the Odds wager. Additionally, this wager has the best odds in craps, making it popular among many players. Here, a player wagers that the shooter will land a seven before they land the point. Since there are more ways to roll a seven than any other number, your craps probability here is high.

Because there is a house edge of zero, the payout odds and the true odds are identical, making this an excellent bet indeed.

Place Bets

House Edge 6 and 8 – 1.52%

5 and 9 – 4.00%

4 and 10 – 6.67%

Odds 4 and 10 – 9 to 5

5 and 9 – 7 to 5

6 and 8 – 7 to 6

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

A Place bet involves several numbers, 4, 5, 6, 8, 9, and 10. Here, a bettor puts money on one or more of these numbers. If the shooter lands one of these numbers before they roll a seven, the bettor wins their wager.

Online casinos base the craps odds of this bet on the likelihood of the player winning, so the easier one of these numbers is to land, the lower the odds for that number will be. Here, the best house edge is on the six and eight wager, which comes in at 1.52%.

Lay Bets

House Edge 4 and 10 – 1.67%

5 and 9 – 2.00%

6 and 8 – 2.27%

Odds 4 and 10 – 9 to 5

5 and 9 – 7 to 5

6 and 8 – 7 to 6

Payout Odds 4 and 10 – 2 to 1

5 and 9 – 3 to 2

6 and 8 – 6 to 5

This wager works in opposition to the Place bet. Here, a bettor puts money on the Place bet to lose by wagering that the shooter will land a seven before they roll the Place number.

However, it is essential to remember that these wagers have a commission attached, typically around 5%, but this varies according to the casino. Additionally, this commission also alters the craps house edge but only slightly, which is why the house advantage here differs from those of Place bets.

Big Six and Eight

House Edge 9.09%
Odds 6 to 5
Payout Odds 1 to 1

A Big Six and Eight wager is pretty much the same as wagering on the six or eight as a Place bet in that the bettor is putting money on the prediction that the shooter will land a six or eight before they roll a seven.

While this wager pays odds of 7:6 as a Place bet, the Big Six or Eight has poor craps odds of 1:1.

Field Bets

House Edge 2.27%
Odds 5 to 4
Payout Odds 1 to 1 (3, 4, 9, 10, 11)

2 to 1 (2)

3 to 1 (12)

When wagering a Field bet, a player puts money on the number they predict the shooter will land on their very next roll. Numbers that players can wager on for a Field bet include 2, 3, 4, 9, 10, 11, or 12. The bettor loses their wager if the shooter lands a 5, 6, 7, or 8. Here, the craps odds for payouts are even money, with the exception of two and 12, which offer 2:1 and 3:1, respectively, since they are the hardest to land.

Craps game

Hardway Bets

House Edge 2 – 13.89%

4 and 10 – 11.11%

6 and 8 – 9.09%

Odds 2 – 35 to 1

4 and 10 -8 to 1

6 and 8 – 10 to 1

Payout Odds 2 – 30 to 1

4 and 10 – 7 to 1

6 and 8 – 9 to 1

A Hardway bet is wagered at the center of the craps table. Here, players put down money that when the shooter makes their next roll, both dice will reflect the same number. The numbers bettors can put their money on here include 2, 4, 6, 8, and 10.

However, if the shooter lands a seven, or any other combination of the dice that make up the value you have bet on, you lose your wager.

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Does Craps Have the Best Casino Odds?

While craps may not have the best casino odds, it comes in a close second behind blackjack. If you want to know more about which game has the best odds in a casino, you can check out our casino game and craps odds table below.

Casino Game House Edge
Craps 1.36% – 1.41%
Blackjack 0.43% – 2%
Roulette (Single Zero) 2.7%
Roulette (Double Zero) 5.3%
Baccarat 1.06% – 1.24%
Ultimate Texas Hold’em 2.20%
Pai Gow Poker 2.84%
Video Poker 0.05% – 2%
Video Keno 8% – 15%

FAQs

What does 3 4 5 odds mean in craps?

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Aneeca Younas

Aneeca is an expert at observing the online industry from the perspective of a player. She has loved games ever since she was a kid. It started by playing social games like poker on Facebook and gathering with friends to enjoy card games like blackjack. Aneeca later became interested in online gambling sites and started writing reviews about them. Today, she has over eight years of experience in that department, writing for platforms like Basketball Insiders and Gambling Penn. In her free time, she enjoys playing board games with her children.