The easiest betting tip there is in craps is to only bet on the Come & Don’t Come or the Pass & Don’t Pass Line bets. Those bets pay even money and the house edge is small, at only 1.4%. If you play the Buy Bets only the 4 and 10 are worthwhile. They reduce the house edge to 4.76%. The house edge for the Place Bets varies from 6.66% to as low as 1.51%.

The other bets give the house a bigger edge. Betting on any Craps pays 7 to 1 but the house edge is 11.11%. The Horn Bet is another to be avoided. It pays 30 to 1 for the 2 or 12 when the true odds are 35 to 1. The 3 and 11 pay 15 to 1 but have true odds of 17 to 1. That’s a 16.66% house edge; stay away from that bet.

This entry was posted on Monday, December 10th, 2007 at 4:39 pm and is filed under craps, Online Betting, Betting Basics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.