free odds bet craps

Craps is one of the most thrilling and fast-paced casino games, known for its complex betting options and high-energy atmosphere. Among the myriad of bets available, the Free Odds bet stands out as one of the most favorable for players due to its low house edge. This article delves into the intricacies of the Free Odds bet in craps, explaining how it works and why it’s a smart choice for savvy gamblers.

Understanding the Basics of Craps

Before diving into the Free Odds bet, it’s essential to grasp the fundamental mechanics of craps:

• The Come-Out Roll: The game begins with the “come-out roll,” where the shooter rolls two dice.
• Point Establishment: If the shooter rolls a 4, 5, 6, 8, 9, or 10, that number becomes the “point.”
• Point Repeats: The shooter continues to roll until the point is repeated (a win) or a 7 is rolled (a loss).

What is a Free Odds Bet?

The Free Odds bet is an additional wager that can be placed after a point has been established. Unlike other bets in craps, the Free Odds bet has no house edge, making it one of the best bets in the casino. Here’s how it works:

• Placement: Once a point is established, you can place a Free Odds bet behind your original Pass Line bet.
• Payouts: The payout for the Free Odds bet is determined by the true odds of the point being rolled before a 7.

Payout Structure for Free Odds Bets

Why Place a Free Odds Bet?

The Free Odds bet is attractive for several reasons:

• No House Edge: Since the casino has no edge on this bet, it significantly reduces the overall house edge on your combined Pass Line and Free Odds bet.
• Increased Payouts: By placing a Free Odds bet, you can increase your potential winnings without significantly increasing your risk.
• Strategic Advantage: For serious craps players, the Free Odds bet is a key component of a winning strategy, allowing for more controlled and mathematically sound betting.

How to Place a Free Odds Bet

Placing a Free Odds bet is straightforward:

1. Establish a Point: Wait for the shooter to establish a point on the come-out roll.
2. Place Your Bet: Place your Free Odds bet behind your original Pass Line bet.
3. Wait for the Outcome: The shooter will continue to roll until the point is made or a 7 is rolled.

Tips for Using Free Odds Bets

To maximize the benefits of Free Odds bets, consider the following tips:

• Know the Limits: Some casinos have limits on how much you can bet on Free Odds. Be aware of these limits before placing your bet.
• Combine with Pass Line: Always place a Free Odds bet in conjunction with a Pass Line bet to take full advantage of the low house edge.
• Stay Disciplined: While the Free Odds bet is favorable, it’s still part of a larger craps strategy. Stay disciplined and avoid over-betting.

The Free Odds bet in craps is a powerful tool for reducing the house edge and increasing your potential winnings. By understanding how it works and incorporating it into your betting strategy, you can enhance your craps experience and improve your chances of success at the table.

free odds bet craps

Craps is one of the most thrilling and dynamic casino games, known for its fast-paced action and the camaraderie it fosters among players. One of the most appealing aspects of craps is the variety of bets available, including the Free Odds bet. This bet is unique because it offers the lowest house edge in the game, making it a favorite among savvy players. In this article, we’ll delve into what the Free Odds bet is, how it works, and why it’s a smart choice for craps enthusiasts.

What is a Free Odds Bet?

A Free Odds bet is an additional wager that you can place after making a Pass Line or Don’t Pass Line bet. The primary purpose of this bet is to reduce the overall house edge on your combined wager. Unlike other bets in craps, the Free Odds bet pays out at true odds, meaning the casino has no built-in advantage.

Key Characteristics of Free Odds Bets:

• True Odds Payout: The payout for a Free Odds bet is based on the actual probability of the dice outcome, not a house-adjusted payout.
• No House Edge: Since the payout is at true odds, the house has no edge on this bet.
• Additional Wager: You can only place a Free Odds bet after you’ve already made a Pass Line or Don’t Pass Line bet.

How to Place a Free Odds Bet

Placing a Free Odds bet is straightforward once you understand the basic mechanics of the game. Here’s a step-by-step guide:

1. Make a Pass Line or Don’t Pass Line Bet: Start by placing your chips on the Pass Line or Don’t Pass Line area on the craps table.
2. Wait for the Point to be Established: The shooter will roll the dice. If a 7 or 11 is rolled (for Pass Line) or a 2, 3, or 12 is rolled (for Don’t Pass Line), the round ends immediately. If any other number is rolled, that number becomes the “Point.”
3. Place the Free Odds Bet: Once the Point is established, you can place an additional bet behind your original Pass Line or Don’t Pass Line bet. This is your Free Odds bet.
4. Roll Continues: The shooter will continue to roll until they either roll the Point again (in which case Pass Line and Free Odds bets win) or roll a 7 (in which case Don’t Pass Line and Free Odds bets win).

Payouts for Free Odds Bets:

• Pass Line and Come Bets:
  • Point is 4 or 10: Pays 2:1
  • Point is 5 or 9: Pays 3:2
  • Point is 6 or 8: Pays 6:5
• Don’t Pass and Don’t Come Bets:
  • Point is 4 or 10: Pays 1:2
  • Point is 5 or 9: Pays 2:3
  • Point is 6 or 8: Pays 5:6

Why Play Free Odds Bets?

The Free Odds bet is a strategic choice for several reasons:

• Reduced House Edge: By placing a Free Odds bet, you reduce the overall house edge on your combined wager. This makes your play more efficient and increases your potential return.
• True Odds Payout: The fact that the Free Odds bet pays out at true odds means you are not subject to the house’s built-in advantage, which is rare in casino games.
• Enhanced Winnings: Since the Free Odds bet is paid at true odds, it can significantly boost your winnings if the shooter rolls the Point before a 7.

Tips for Playing Free Odds Bets

Here are some tips to help you maximize your experience with Free Odds bets:

• Know the Limits: Some casinos have limits on how much you can bet on Free Odds. These are often expressed as a multiple of your original Pass Line or Don’t Pass Line bet (e.g., 3x, 5x). Be aware of these limits to avoid any surprises.
• Stay Disciplined: While the Free Odds bet is advantageous, it’s still a gamble. Stick to your betting strategy and avoid overcommitting.
• Learn the Table: Familiarize yourself with the layout and rules of the craps table. Understanding the game mechanics will help you make informed decisions.

The Free Odds bet is a powerful tool in the craps player’s arsenal, offering a way to reduce the house edge and potentially increase winnings. By understanding how to place and calculate these bets, you can enhance your craps experience and make more informed wagering decisions. Whether you’re a seasoned player or a newcomer to the game, incorporating Free Odds bets into your strategy can lead to more rewarding outcomes at the craps table.

craps strategy

Craps is a thrilling game of chance that has captivated players for generations. While it is primarily a game of luck, there are strategies you can employ to increase your chances of winning. This article will guide you through some effective craps strategies to help you make informed decisions at the table.

Understanding the Basics of Craps

Before diving into strategies, it’s essential to understand the basics of craps:

• The Table: Craps is played on a large table with various betting areas.
• The Dice: Two dice are used, and players take turns rolling them.
• The Shooter: The player rolling the dice is called the shooter.
• The Pass Line Bet: This is the most basic bet in craps. The shooter wins if they roll a 7 or 11 on the come-out roll, and loses if they roll a 2, 3, or 12.
• The Point: If the shooter rolls a 4, 5, 6, 8, 9, or 10 on the come-out roll, that number becomes the point. The shooter must roll the point again before rolling a 7 to win.

Effective Craps Strategies

1. Stick to the Pass Line Bet

• Why It Works: The pass line bet has a relatively low house edge of about 1.41%.
• How to Use It: Always place a bet on the pass line. If the shooter rolls a point, you can also place an odds bet, which has no house edge.

2. Use the Odds Bet

• Why It Works: The odds bet is one of the few bets in the casino with no house edge.
• How to Use It: After the point is established, place an odds bet behind your pass line bet. The amount you can bet on odds depends on the casino, but it typically ranges from 1x to 100x your pass line bet.

3. Avoid the Big 6 and Big 8 Bets

• Why It’s Risky: These bets have a high house edge of 9.09%.
• How to Avoid It: Instead of betting on the Big 6 or Big 8, place a place bet on 6 or 8. Place bets have a lower house edge of 1.52%.

4. Manage Your Bankroll

• Why It’s Important: Effective bankroll management ensures you can play for longer periods without risking too much.
• How to Manage It: Set a budget for your craps session and stick to it. Avoid chasing losses by increasing your bets.

5. Take Advantage of Free Odds

• Why It Works: Free odds bets reduce the overall house edge on your pass line bet.
• How to Use It: After the point is established, place a free odds bet equal to your pass line bet. This bet pays out at true odds, meaning the house has no edge.

6. Know When to Walk Away

• Why It’s Crucial: Knowing when to walk away prevents you from losing more than you can afford.
• How to Determine It: Set win and loss limits before you start playing. If you reach either limit, walk away from the table.

Advanced Craps Strategies

1. The Iron Cross Strategy

• How It Works: This strategy involves placing a bet on the field and place bets on 5, 6, and 8.
• Why It Works: This combination covers almost all possible outcomes, except for a 7.
• How to Use It: Place a bet on the field and place bets on 5, 6, and 8. If any of these numbers are rolled, you win.

2. The Martingale System

• How It Works: This is a progressive betting system where you double your bet after each loss.
• Why It’s Risky: It can lead to significant losses if you hit a losing streak.
• How to Use It: Only use this system if you have a large bankroll and can afford to lose.

3. The 3-Point Molly

• How It Works: This strategy involves placing a pass line bet and two come bets.
• Why It Works: It increases your chances of winning by covering multiple points.
• How to Use It: Place a pass line bet and two come bets. If the shooter rolls a point, place odds bets on all three numbers.

While craps is a game of chance, employing these strategies can help you make more informed decisions and increase your chances of winning. Remember to always manage your bankroll effectively and know when to walk away. Happy rolling!

free craps strategy guide: master the wizard of odds techniques

Craps is a thrilling casino game that combines luck and strategy. To increase your chances of winning, understanding the Wizard of Odds techniques can be invaluable. This guide will walk you through the essential strategies to master craps, all for free.

Understanding the Basics of Craps

Before diving into advanced strategies, it’s crucial to understand the basic rules of craps:

• The Come-Out Roll: The first roll of the dice in a round.
• The Point: A number (4, 5, 6, 8, 9, or 10) established on the come-out roll.
• Pass Line Bet: A bet that the shooter will win.
• Don’t Pass Bet: A bet that the shooter will lose.
• Odds Bet: An additional bet made after the point is established.

Essential Craps Strategies

1. Stick to the Pass Line Bet

• Why: The pass line bet has a relatively low house edge (1.41%).
• How: Place your bet before the come-out roll. If the shooter rolls a 7 or 11, you win. If they roll a 2, 3, or 12, you lose. Any other number becomes the point.

2. Take Full Advantage of Odds Bets

• Why: Odds bets have no house edge, making them one of the best bets in the casino.
• How: After the point is established, you can place an odds bet behind your pass line bet. The payout depends on the point number.

3. Utilize the Come Bet

• Why: Similar to the pass line bet but can be made after the point is established.
• How: Place your bet after the point is set. If the shooter rolls a 7 or 11, you win. If they roll a 2, 3, or 12, you lose. Any other number becomes your come point.

4. Avoid the Big 6 and Big 8 Bets

• Why: These bets have a high house edge (9.09%).
• How: Instead of betting on the big 6 or big 8, place your bets on the 6 or 8 as a place bet.

5. Manage Your Bankroll Wisely

• Why: Proper bankroll management ensures you can play longer and reduce the risk of losing all your money.
• How: Set a budget for your craps session and stick to it. Avoid chasing losses by increasing your bets.

Advanced Wizard of Odds Techniques

1. The 5-Count Method

• Why: Reduces the number of rolls you bet on, focusing on more favorable outcomes.
• How:
  • Count 1: The first roll of the shooter.
  • Count 2-4: Any roll that doesn’t establish a point.
  • Count 5: The first roll that establishes a point.
  • Betting: Only bet on the shooter after they have reached the 5-count.

2. The Iron Cross Strategy

• Why: Aims to win on every number except 7.
• How:
  • Place a bet on the 5, 6, and 8.
  • Place a field bet.
  • This combination covers all numbers except 7, ensuring a win on every roll except a 7.

3. The Martingale System

• Why: A progressive betting system that aims to recover losses with a single win.
• How:
  • Double your bet after each loss.
  • When you win, return to your original bet size.
  • Be cautious with this system, as it can lead to significant losses if you hit a losing streak.

Mastering the Wizard of Odds techniques can significantly improve your craps game. By sticking to the pass line bet, taking full advantage of odds bets, and utilizing advanced strategies like the 5-count method and the Iron Cross, you can enhance your chances of winning. Remember to manage your bankroll wisely and enjoy the thrill of craps responsibly.

Frequently Questions