Craps is one of the most confusing casino games in existence because there are so many different possible bets that players can make. Taking the time to understand the various online craps bets will drastically improve your winnings.
What You Need to Know
There are several factors that help determine a worthwhile wager. Some online craps bets offer really good payout ratios, but also have incredibly high casino edges. These are the wagers with the least favorable player odds. Online craps bets that carry a low house advantage tend to have lower payouts, but are much more likely to win consistently.
The Any Craps Bet
There are 36 possible combinations that can result from a craps throw, ranging from a total of two to twelve. The any craps bet wins if the outcome is a two, three, or a twelve. There are four possible ways this can be achieved, so the probability of winning is 1 in 9. While the typical 7:1 payout is rather attractive, the any craps bet carries a house edge of 11.11%.
The Any Sevens Bet
Similarly, the any sevens bet pays out when the total roll equals seven. There are six different combinations that can accomplish this, resulting in a one in six chance of winning. Bets with more favorable odds typically have lower payouts and a higher house advantage. The casino edge is 16.67% for this bet and the payout ratio is four to one.
It’s a good idea to take the time to become familiar with all the different online craps bets, as well as the odds and payouts associated with each before you make any wagers.