House Advantage Craps

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House Advantage Craps
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  2. Dice Control Experiments.The Results Of Two Experiments On Skillful Dice Throwing.

Introduction

House Advantage handles HALo deployment and support, which allows my IT teams to focus on other initiatives. Partnering with House Advantage for their deep expertise in customer loyalty and hands-on approach has been critical to our success. CIO, international hotel group. Why have a table of a good many bets and their corresponding house advantage? The answer is easy, it will help you develop clearer and more intelligent betting choices. I've heard it said many times, 'in the short term, the vig has no bearing on craps wagering because anything can happen in the short term.' The House Edge on Craps Bets Crap games have some of the widest house edge spreads of any casino game. On the good end you have no house edge on the odds bets and just 1.41% on the Pass Line. On the bad end you have house edges over 10% such as on bets such like the Proposition 2 and 12. Here we list the house advantage for each of the lay bets: Laying against a 6 or 8 has a house advantage of 1.22 percent. Laying against a 5 or 9 has a house advantage of 0.90 percent. Laying against a 4 or 10 has a house advantage of 0.61 percent.


One argument that comes up a lot is how to quantify the house edge in craps. Normally the house edge is defined as the ratio of expected loss to the initial bet. However, how do you treat bets, like the place bet for example, when many rolls may be required to resolve the bet and the player can take it down anytime? Is it a push or should we assume the bet will stay on the table until resolved?

Personally, I prefer to define the house edge in craps on a 'per bet resolved' basis. However, for those who disagree, I present this page, which defines the house edge all three ways.

Multi-Roll Bets


The following table shows the house edge of all the bets in craps which may take multiple rolls to resolve. The house edge is shown three ways: per bet made, per bet resolved, and per roll.

Craps House Edge

Bet Pays Expected RollsHouse Edge
Per Bet Made
House Edge
Per Bet Resolved
House Edge
Per Roll
Pass 1 to 1 3.38 1.41% 1.41% 0.42%
Don't Pass 1 to 1 3.47 1.36% 1.40% 0.40%
Taking Odds 6 and 8 6 to 5 3.27 0.00% 0.00% 0.00%
Taking Odds 5 and 9 3 to 2 3.60 0.00% 0.00% 0.00%
Taking Odds 4 and 10 2 to 1 4.00 0.00% 0.00% 0.00%
Laying Odds 6 and 8 5 to 6 3.27 0.00% 0.00% 0.00%
Laying Odds 5 and 9 2 to 3 3.60 0.00% 0.00% 0.00%
Laying Odds 4 and 10 1 to 2 4.00 0.00% 0.00% 0.00%
Place 6 and 8 7 to 6 3.27 0.46% 1.52% 0.46%
Place 5 and 9 7 to 5 3.60 1.11% 4.00% 1.11%
Place 4 and 10 9 to 5 4.00 1.67% 6.67% 1.67%
Big 6 and 8 1 to 1 3.27 2.78% 9.09% 2.78%
Don't Place 6 and 8 4 to 5 3.27 0.56% 1.82% 0.56%
Don't Place 5 and 9 5 to 8 3.60 0.69% 2.50% 0.69%
Don't Place 4 and 10 5 to 11 4.00 0.76% 3.03% 0.76%
Buy 6 and 8 * 23 to 21 3.27 1.46% 4.76% 1.46%
Buy 5 and 9 * 29 to 21 3.60 1.32% 4.76% 1.32%
Buy 4 and 10 * 39 to 21 4.00 1.19% 4.76% 1.19%
Buy 6 and 8 ** 23 to 20 3.27 0.69% 2.27% 0.69%
Buy 5 and 9 ** 29 to 20 3.60 0.56% 2.00% 0.56%
Buy 4 and 10 ** 39 to 20 4.00 0.42% 1.67% 0.42%
Lay 6 and 8 * 19 to 25 3.27 1.22% 4.00% 1.22%
Lay 5 and 9 * 19 to 31 3.60 0.90% 3.23% 0.90%
Lay 4 and 10 * 19 to 41 4.00 0.61% 2.44% 0.61%
Lay 6 and 8 ** 19 to 24 3.27 0.69% 2.27% 0.69%
Lay 5 and 9 ** 19 to 30 3.60 0.56% 2.00% 0.56%
Lay 4 and 10 ** 19 to 40 4.00 0.42% 1.67% 0.42%
Hard 6 and 8 (US) 9 to 1 3.27 2.78% 9.09% 2.78%
Hard 6 and 8 (AU) 19 to 2 3.60 1.39% 4.55% 1.26%
Hard 4 and 10 (US) 7 to 1 4.00 2.78% 11.11% 2.78%
Hard 4 and 10 (AU) 15 to 2 4.00 1.39% 5.56% 1.39%
Craps
Footnotes:
* Commission always paidHouse Advantage Craps
** Commission on win only
AU Australia rules
US United States rules

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Let me add two more things, based on frequent reader comments:

  1. Some of these bets may not exist anywhere on earth. For example, I've never seen a casino with buy bets on a 5, 6, 8, and 9 where the commission was payable on a win only. Nevertheless, I don't know the rules of every craps table on earth. I also know that if I omit such bets, somebody will write in and take me to task for the omission.
  2. The table above assumes wins are calculated exactly. In other words, no rounding up or down. Let me make it perfectly clear that you can lower the house edge if the dealers will round a win up or a commission down. A common one is a 5% commission on a $25 bet is $1.25. If the casino rounds that down to $1, then that cuts the commission to 4%. Finding other situations is an exercise left up to the reader.

Single-Roll Bets


Dice Control Experiments.The Results Of Two Experiments On Skillful Dice Throwing.

The following table shows the house edge of all the bets in craps which are always resolved in a single roll, except the field. Thus, there can be only one way to define the house edge.

Craps House Edge

Bet Pays Probability
Win
House Edge
2, 12, and all 'hard' hop bets 33 2.78% 5.56%
2, 12, and all 'hard' hop bets 32 2.78% 8.33%
2, 12, and all 'hard' hop bets 31 2.78% 11.11%
2, 12, and all 'hard' hop bets 30 2.78% 13.89%
2, 12, and all 'hard' hop bets 29 2.78% 16.67%
3, 11, and all 'easy' hop bets 16 5.56% 5.56%
3, 11, and all 'easy' hop bets 15 5.56% 11.11%
3, 11, and all 'easy' hop bets 14 5.56% 16.67%
Any craps (2, 3, or 12) 7 11.11% 11.11%
Any craps (2, 3, or 12) 7.5 11.11% 5.56%
Any seven (US) 4 16.67% 16.67%
Any seven (AU) 4.5 16.67% 8.33%

Field


  • If the field bet pays 2 to 1 on both the 2 and 12, then the house edge is 5.56%.
  • If the field bet pays 2 to 1 on the 2 and 3 to 1 on the 12, then the house edge is 2.78%.
  • If the field bet pays 3 to 1 on the 2 and 2 to 1 on the 12, then the house edge is 2.78%.
  • If the field bet pays 3 to 1 on both the 2 and 12, then the house edge is 0.00%.

Internal Links

  • How the house edge for each bet is derived, in brief.
  • The house edge of all the major bets on both a per-bet made and per-roll basis
  • Dice Control Experiments. The results of two experiments on skillful dice throwing.
  • Dice Control Advantage. The player advantage, assuming he can influence the dice.
  • Craps variants. Alternative rules and bets such as the Fire Bet, Crapless Craps, and Card Craps.
  • California craps. How craps is played in California using playing cards.
  • Play Craps. Craps game using cards at the Viejas casino in San Diego.
  • Number of Rolls Table. Probability of a shooter lasting 1 to 200 rolls before a seven-out.
  • Ask the Wizard. See craps questions I've answered about:
  • Simple Craps game. My simple Java craps game.

Written by: Michael Shackleford

The game of craps has a reputation for offering some of the best odds of all casino games. Unless you play perfect Basic Strategy at blackjack or perhaps count cards, you can't beat the Pass Line (or Don't Pass Line) with odds for a friendly bet at the casino.

In fact, when a casino offers 3-4-5 odds on line bets, the overall house edge falls below one-half of one percent! That's a very tiny amount, and one that can keep you happily playing craps for hours at your favorite casino, unless you veer off-track and place bets all over the layout.

Edge

The genius of craps is that waiting for a decision on a Pass or Don't Pass bet can take a long time. A good hand at craps might be 15 or 20 rolls, and players get anxious and antsy. Then they make proposition bets that tank their good odds and send their bankrolls screaming into the night!

Some players turn to crazy craps systems to stem the flow of chips away from their pockets thinking that something like the Colonel's Craps system will help, but systems just reroute the wagers. They can be successful and fun, but the house still has the edge. The only way to beat the game of craps for any period of time is to stay will low house-edge bets and catch a lucky shooter or a hot game and press your wagers while good luck is on your side.

If you were introduced to a new table game called Any 7 where you knew the house edge was 16.7-percent, would you play it? There are six ways to roll a 7 and 30 ways to roll something else. It's a one-roll wager. You'll win once in 6 rolls and get paid 4-to-1 odds. Wanna play?

Probably not! However, players make the Any 7 bet all the time during a craps game. They also bet on long-shot wagers like boxcars (12) and snake eyes (2), where the house takes an average of nearly 14-percent. Sure, an occasional Hardway bet is fun, but it's going to drain your bankroll fast. Take a look below at the edge the house has on the wagers available at a craps game. Then, next time you play, try and keep your bets in the area of 5-percent or lower. You'll thank yourself in the morning.

Craps House Edge