House Edge Craps Field Bet
In addition to those, players should know that they will also lose the slices of the wager placed on the remaining four numbers. The house advantage is also important, as the numbers 2 and 12 come with a house edge of 13.89 percent. On the other hand, the numbers 3 and 11 paired with a Horn bet bring a house edge of 11.11 percent. In fact, place 6 and place 8 have a house edge of only 1.52%, whereas big 6 and big 8 have a disgustingly high 9.09% edge. Be smart and make place bets! #2: The Pass Line. The pass line is the fundamental bet on the craps table. Just like in other casino games, the basic bet is usually the one that carries one of the lowest house edges.
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.
Craps Payout Odds: By looking at the payout odds versus the house edge for the various bets in craps, the wise player should be able to ascertain which bets to make regularly, and which to avoid. Bet: Payout Odds: House Edge: Pass-line bet: 1 to 1: 1.4%: Single odds: 1 to 1: 0.8%: Double odds: 1 to 1: 0.6%. This equates to $40 in wins and $50 in losses, so for every $60 that you bet. The house edge therefore equates to 1/6 or 16.67%. This is how you calculate the house edge. On single roll bets. Many bets in craps are determined over multiple rolls which makes calculating the house edge on these significantly more complex. It would be easier to overcome the lower edge, obviously. But not many players can actually control the dice well enough to even overcome a 2.7 percent house edge. The Field is a bet that many craps players make as an aside. They'll throw a dollar or two up every so often on the Field in an attempt to have many numbers working for them.
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
House Edge Craps Field Bets
The field bet is a wager on a range of the numbers which are hardest to roll: the 2, 3, 4, 9, 10, 11, 12. Ranged against these field bet numbers are the more likely numbers: 5, 6, 7, and 8. This one-bet roll is easy to make because the craps table has the word “Field” among its proposition bets.
The combinations when betting the Field:
There is one way to make 2 (one and one), two ways to make 3 (one and two, two and one), three ways to make 4 (one and three, two and two, and three and one), four ways to make 9 (three and six, four and five, five and four, six and three), three ways to make 10 (four and six, six and four, five and five), two ways to make an 11 (six and five, five and six) and one way to make a 12 (six and six).
House Edge Craps Field Betting
For the losing numbers, there are four ways to make a 5 (one and four, two and three, three and two, four and five), five ways to make a 6 (one and five, two and four, three and three, four and two, one and five), six ways to make a 7 (one and six, two and five, three and four, four and three, five and two, six and one), and five ways to make an 8 (two and six, five and three, four and four, three and five, six and two).
This creates some trickery for craps players since the winning field looks more desirable without much investigation. There are seven different numbers to win with, while there are just four you’re able to lose with. However, when it comes to the ways dice can make each number, it favors the loss. In total, there are sixteen combinations to win. There are 20 different combinations to lose.
To recap, 20 out of 36 combinations work against a player. So, even if a player manages to win a few bets on the field, in the grand scope of things it is going to work against them.
The house edge on a field bet is 5.55%. The payouts typically are 1 to 1 for the 3, 4, 5, 10, and 11. The 2 and the 12 receive higher payouts. Some casinos make these payouts 2:1 and others make them 3:1. The Field bet has a house edge similar to American Roulette, so it is not a great wager. It is better than many of the other sucker bets described on this website such as the Any 7 bet or the Big Six and Big Eight.