Players can place many types of bets at a craps table. This guide to craps betting takes a look at every single possible wager. Dice shooters need to know all the options when they start wagering, though it’s important to remember that the best bets are the basic ones.
The probability of winning an even money bet in craps is always slightly less than 50%. In this case, the probability of winning the pass line bet is 49.3%, which is close to 50%, but it still gives the casino an edge. The casino will win this bet 50.7% of the time. In the long run, you can’t win with those odds. Beginner craps players, if you can remember only one bet, make it the pass line bet. This is the starting bet for all craps games and has one of the lowest house edges at 1.41% and highest odds of landing (251 to 244 to be exact). This is one of the best bets craps players can make, with payout odds of 1 to 1.
This is an overview, but we give a bet’s name, definition, odds, and other terminology associated with it. This should give readers a basic understanding of a bet, though you can click on each entry to learn more. Read through these to find the wagers which sound most interesting to you, but always remember the basic line bets.
Las Vegas Craps Casinos - Best Table Odds - Bettling Limits
Vegas Craps Table Conditions - Table Minimums, Maximums, 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 |
| 1X | 0.85% |
| 2X | 0.61% |
| 3X | 0.47% |
| 5X | 0.33% |
| 10X | 0.18% |
| 20X | 0.10% |
| 100X | 0.02% |
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 In Blackjack
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
Best Odds In Craps
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.
| Casino | Table Odds |
| Golden Nugget | 6X, 8X, and 10X |
| Wynn Resort | 3-4-5X |
| Mirage | 3-4-5X |
| Treasure Island | 3-4-5X |
| Caesar's Palace | 3-4-5X |
| Venetian | 3-4-5X |
| Paris | 3-4-5X |
| Aladdin | 3-4-5X |
| Bally's | 3-4-5X |
| Bellagio | 3-4-5X |
| MGM | 3-4-5X |
How much does a streamer make. 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:
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.
