We have already discussed a few different types of craps bets, but now we will go into greater detail. Please keep in mind that some casinos may offer additional bets or that the full range of bets detailed below may not be available in all locations.
Bets on the pass line or the don’t pass line
These are the most basic bets in craps, and they are placed based on the outcome of the come-out roll. The Pass bet wins if the shooter hits a natural or if the shooter hits the specified point total.
The Don’t Pass bet wins if the shooter lands a 2, 3, or 12 on his or her first shot. Remember that the shooter is required to make one of these two bets before making the come-out roll, and he or she is the only player who is required to make a bet at that point.
The odds of winning on the Pass and Don’t Pass bets are significantly different. The odds of winning a Pass bet are 251:244 and this bet pays out at even money (1:1). When betting on Don’t Pass, you have an 80% chance of winning and you will receive a 1:1 payout.
Come or Don’t Come betting are available.
The Come/Don’t Come bets are nearly identical to the Pass/Don’t Pass bets, with the exception of the fact that they deal with the outcomes of throws that occur after the come-out roll, which makes them more complicated. It is only after the point total has been determined that these bets can be placed.
The Come bet is a wager placed on the point number that appears on the dice before a seven is thrown. Upon landing a 7 or any of the craps numbers, the round is over, and the Come bet is forfeited.
This wager is successful if the shooter hits the specified point total. If the shooter lands on a number that is neither 2, 3, 7, 11, 12 nor the point number, that number becomes the Come bet point, and the player can place bets on that number as well as the other numbers.
The odds of a Come bet winning are the same as the odds of a Pass bet winning, which are 251:244. This wager will pay off at even money.
The Don’t Come bet is the contrary – you are betting on the shooter not making that point number before a 7 or craps are rolled. If the shooter rolls any of these numbers before the point number, the wager is successful.
The payment on this bet depends on the point number. Alternatively, if the point is 4 or 10, the bet pays out at a 2:1 ratio. When the point total is 5 or 9, the bet pays out at a 3:2 ratio. The payout is 6:5 if the point is 6 or 8 in the final round.
Bets on a position or a proposition
Those who wish to wager on propositions do so in the central, rectangular section of the table layout. There are six standard proposition bets in craps, which are illustrated in the following table.
Bets on the long shot
To understand hardway bets, we must first understand the difference between hard numbers and soft numbers. Let’s take the number 6. A shooter can get a total of 6 points in a variety of ways, including 1 and 5, 2 and 4, and 3 and 3. In mathematics, a hard 6 is a number made up of two equal numbers, which in this case would be the 3 and 3. As with a hard 4 (2 and 2), a hard 8 (4 and 4) as well as the hard 10, the same rules apply (5 and 5).