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The craps odds bet is the most productive bet within the casino because there's no house edge. The bet isn't listed at the craps layout but knowledgeable craps players know all about it. Here's the way it works.
After you're making a pass line bet, the casino means that you can make an extra bet referred to as the chances bet. This bet is placed behind your original pass line bet at the craps layout. When a shooter makes his point, you might be paid even money to your pass line bet and also you are paid true odds for you odds bet.
If the purpose is 4 or 10 you might be paid 2 to 1.If the purpose is 5 or 9 you might be paid 3 to 2.If the purpose is 6 or 8 you're paid 6 to five.
Most casinos let you take double odds on you pass line bet. That implies if you happen to put $5 at the pass line, you'd be allowed to make an odds bet of $10.
Your pass line bet has a home fringe of 1.41 percent. While you make an extra odds bet, which has no house edge, you lower the home edge to your passline bet. A pass line bet with single odds has a home fringe of 0.85 percent and with double odds the threshold is 0.61 percent.
Over the previous few years, many casinos was allowing the players to take larger odds bets. Some casinos actually compete with one another to look who can offer the top odds. Some casinos are offering 100 times odds. Although this sounds great, it's unpractical for average players to wager this much unless they have got an overly big bankroll.
4, 5, 6 Times Odds The casinos are always in search of how you can accelerate the sport. Some casinos have incorporated a clever solution to do that by varying the volume of odds a player can take. A player is permitted to take three, four or five times odds, dependent on the purpose number.
If the purpose is 4 or 10 you'll be able to take THREE TIMES oddsIf the purpose is 5 or 9 you'll be able to take 4 times odds.If the purpose is 6 or 8 you'll take 5 times odds.Look at this situation for a $5 passline bet using these odds. Take a look at the chart below.
When you're taking full odds, you might be paid $30, it doesn't matter what the purpose number is that this. accelerates the sport and makes it easier for the dealers and the players. You do not have to take full odds, but it is a good bet to take action.
Craps Odds Bets
| Odds for $5 Bet | |||
| Point | Times Odds-Pays | Your odds bet. | You're paid. |
| 4 or 10 | THRICE pays 2 to at least one | $15 | $30 |
| 5 or 9 | 4 times pays 3 to two | $20 | $30 |
| 6 or 8 | 5 times pays 6 to five | $25 | $30 |
Read More... [Source: About.com Casino Gambling: What's Hot Now]
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