Craps Betting Odds

Craps Betting OddsStrategy

Las Vegas Craps Casinos - Best Table Odds - Bettling Limits

Betting

Vegas Craps Table Conditions - Table Minimums, Maximums, Odds

There are, of course, ways in which the craps enthusiast could turn things around and make the best of the situation when placing a Put bet and this happens when the house actually brings good odds. For instance, if the casino brings a 50x odds to the table, placing a Put bet could end up having a lower house edge when compared to a Place bet. The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This is the only bet in the casino where the odds aren’t against you.For any given amount of money that you intend to bet on Craps, you want the highestpercentage possible on the Free Odds. Herein lies the reasonwhy you should shop for a casino that offers 5X, 10X, 20X or 100X table odds! Consequently, the odds bet has a house edge of 0%. Overall, the pass line bet is definitely one of the best bets on the craps table with a house edge of 1.41%. In addition, adding odds onto this wager is without a doubt the best way to extend your gambling bankroll. The pass line is simply one of the best ways to try and win big.

Craps Betting Odds

This page is a guide to craps conditions in Las Vegas. We've included sections for lowest and highest betting limits, and sections for which casinos offer the best table odds. The section about table odds is possibly the most important, because the amount you can bet on the 'Free Odds' bet in craps is always a multiple of what you bet on the 'Pass Line' bet. The higher that multiple is, the lower the house edge becomes. (Although the house edge is never 0% or negative, you can get the house edge pretty low if you can get a high enough multiple.)

Here are some examples of the house edge for Pass Line bets followed by Free Odds bets at various available multiples:

Table Odds

House Edge on Pass Line Bet + Free Odds

1X0.85%
2X0.61%
3X0.47%
5X0.33%
10X0.18%
20X0.10%
100X0.02%

The house edge on the 'Don't Pass' bet + free odds is about 0.15% lower than the Pass Line bet + free odds, but a lot of people don't like to bet against the shooter. The house edge on the Don't Pass bet + free odds is only 0.01%, which makes it the best bet in just about every casino if you're not counting cards at blackjack or something like that.

Best Odds Craps Casinos in Las Vegas

Casino Royale Craps on the Strip

The Casino Royale on the Las Vegas Strip offers 100X odds on their two craps tables. Their betting limits at the craps table range from a minimum bet of $3 to a maximum bet of $500, and the maximum odds bet you can place is $2500 per bet. The Casino Royale is located in the center of the Las Vegas Strip, next to Harrahs and across the street from the Mirage.

Sam's Town Craps on Boulder Highway

The best casino at which to play craps on the Boulder Highway is Sam's Town, where they offer 20X odds. That makes the house edge on the pass line bet + odds bet only 0.1%, which is as close to an even money bet as you will likely find at any Vegas casino game. Their minimum bet is $5 and the maximum bet is $3000, but they have a maximum odds bet of $5000. Sam's Town has four craps tables.

Main Street Station Craps Downtown

In downtown Vegas, the best odds craps can be found at Main Street Station, who offer 20X odds. The minimum bet there is $5, and the maximum bet is $1000. Main Street Station has three craps tables.

Highest Betting Limits on Craps in Vegas

$5000 is the practical maximum betting limit at the craps tables in Vegas. Several casinos offer a maximum bet of $5000, and we've listed them below, along with what kind of multiple the free odds bets offer.

Betting
CasinoTable Odds
Golden Nugget6X, 8X, and 10X
Wynn Resort3-4-5X
Mirage3-4-5X
Treasure Island3-4-5X
Caesar's Palace3-4-5X
Venetian3-4-5X
Paris3-4-5X
Aladdin3-4-5X
Bally's3-4-5X
Bellagio3-4-5X
MGM3-4-5X

Craps Betting Odds

3-4-5X odds is something a little different from what was discussed earlier. The house edge for casinos offering this is 0.37%, which makes it a respectable bet. When you make the maximum odds bet at one of these casinos, the payout is always seven times the bet no matter the result, instead of true odds. But the maximum amount you're allowed to bet is based on the point:

Craps Bet Odds Calculator

  • If the point is 4 or 10, then the max odds bet is 3X.

  • If the point is 5 or 9, then the max odds bet is 4X.

  • If the point is 6 or 8, the max odds bet is 5X.

Lowest Betting Limits Craps in Vegas

If you're just looking for the cheapest place to play craps in Las Vegas, then you're looking for the lowest betting limits. Slots a Fun, the Orleans, Sunset Station, Boulder Station, and both Arizona Charlies all offer minimum bets of $2. But Vegas has an even lower minimum craps game available at Nevada Palace, which is a neighborhood casino with only one craps table.

Best Place to Play Craps in Las Vegas

Craps Betting Strategy Odds

The best place to play craps in Vegas is the place where you're most comfortable with the table odds and betting limits. We've tried to provide a lot of information about casinos to choose from in order to play craps in Las Vegas, but there are other factors which might go into your playing decision, like whether or not the casino is someplace you'd actually be willing to stay, what the cocktail waitresses look like, or how friendly and active the craps games are. We hope this section has gotten you started in terms of places to think about playing though.