Placing the 6 and 8. Consider a $6 place bet on the 6. There are only 11 happenings out of 36 in this universe that produce a decision: 5 wins x $7 and 6 losses of $6 for a net loss of 1 unit. Having bet 11 X $6 the loss is 1/66 or -1.51515%. However, consider a $6 place bet on BOTH the 6 and 8 simultaneously. Now we have a 16 possible game. The actual odds of winning on these two bets are 6:5 and the payout odds are 1:1. This makes for a fairly large house edge of 9.09%. Basically, the larger the house edge is, the more money you are going to lose over the long run since this edge is the casino's profit margin. Place on the 6 or 8 to win. If you want to switch it up between pass line bets and free odds bets, try placing your chips on the 6 or the 8 to win. You place your chips on one of these numbers on the table before the roll. If you place to win the house edge is only 1.52%, which is only.10% worse odds than the Pass Line bet. I was thinking that I would place a bet for the 6 and 8, if I lose, I take what I lost divided by two plus 10. I will round it to make it a number divisible by 6. What makes the 6 and 8 better than just placing a dont pass or pass for the star is that you can hit multiple times in a row, so you could let it ride once you are up. The Big 6 and Big 8 Bets The big 6 bet is a wager that the 6 will be rolled before the 7 will. If any other number is rolled it does not effect the result and the dice are rolled again. Consequently, the big 8 bet is a wager that the 8 will be rolled before the 7 is.
Free online texas holdem poker no download no registration. How to win at Craps with Place Bets on 6 & 8 only.
Today we continuing our recent series on craps betting strategies. We've already talked about two unique systems, or betting patterns, known as the 3 Point Molly and the Iron Cross. This time we'll take a look at a cheaper craps system that offers similar odds of winning.
In short, the object is to set equal wagers on Place 6 and Place 8. At a table with $5 minimums, it will cost as little as $12 to set up ($6 per bet). You won't be tossing out another $12 per roll, either. Best of all, it offers a house edge of just 1.52%; worse than strategy-based blackjack, but far better than roulette, and similar to baccarat.
That is, of course, the simple explanation. Keep reading to find out why this is one of the better ways to safely manage your bankroll, and ensure maximum entertainment for your wagering dollars.
How to Win at Craps with Place Bets on 6 & 8
Place Bets are wagers that can be made on a specific number. They're often referred to as Point or Box numbers, because they're the only numbers that can be established as a point on the shooter's come out roll. They include 4, 5, 6, 8, 9 and 10.
The odds associated with each Place Bet number varies. The following chart shows the true odds, payout, and resulting house edge for each. Examine closely, and you'll see why Place Bets on 6 and 8 are the only viable options for this craps betting strategy.
| Roll | True Odds | Payout | House Edge |
| 4 | 2-to-1 | 9-to-5 | 6.67% |
| 5 | 3-to-2 | 7-to-5 | 4.00% |
| 6 | 6-to-5 | 7-to-6 | 1.52% |
| 8 | 6-to-5 | 7-to-6 | 1.52% |
| 9 | 3-to-2 | 7-to-5 | 4.00% |
| 10 | 2-to-1 | 9-to-5 | 6.67% |
Lowest House Edge on 6 and 8
Because the 6 and 8 payout closest to the true odds, they offer the lowest house edge of 1.52% All other Place Bets present terrible odds of 4% to 6.67%. As every gambler knows, the lower the edge, the better the chance of winning.
6-Unit Increments Only!
The chart also shows why we must place these wagers in increments of $6. Place Bets on 6 and 8 pay 7-to-6, meaning for every 6 units wagered, a win will pay 7 units. If you were to place a $5 wager, you would get only $5 in return since the boxman rounds payouts to the nearest dollar. Suffice to say, $6 bets are critical to the value of this strategy.
Place Bets Ride It Out
Unlike Field Bets, which last for a single roll, Place Bets remain on the table until the shooter craps out (rolls a 7). If the shooter rolls a 3, a 9, a 5, another 3, a 12, a 4, a pair of 10s and then finally rolls an 8, you still win. All of those previous rolls mean nothing. Your bet is never removed unless a 7 rolls, in which case you lose them both.
Even when you win on 6 or 8, the bet stays in play. You will receive the winnings, but the bet doesn't come down until a 7 is rolled, or you tell the boxman to remove it (your bet is returned).
Odds of Crapping Out
Last but not least, let's take a look at the odds of rolling a 6 or 8, versus crapping out with a 7.
- 6: The odds of rolling a 6 are 13.89%
- 7: The odds of rolling a 7 are 16.67%
- 8: The odds of rolling an 8 are 13.89%
Technically, the 7 has the higher odds of rolling. However, since you're betting on 6 and 8, you combine these odds for a 27.78% chance of winning, versus 16.67% chance of losing. That leaves a 55.55% chance of any other number rolling (i.e. nothing happens).
While that sounds like incredible odds, let's remember each win brings you a 7-unit payout, while each loss results in a 12-unit decline. Thus, all in all, you have a 1.52% house edge to compete with, which comes out to a negative expectation of $1.52 per $100, or a loss of $0.18 per $12.
As always, the casino has the advantage, so you can't expect every time that you'll win at craps with Place Bets on 6 and 8. But expecting to lose $0.18 each time the shooter craps out offers a whole lot of entertainment value on a budget bankroll. With a little luck and responsibility on your part (i.e. knowing when to walk away), you just might come away with some extra change in your pocket!
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Odds of Crapping Out
Last but not least, let's take a look at the odds of rolling a 6 or 8, versus crapping out with a 7.
- 6: The odds of rolling a 6 are 13.89%
- 7: The odds of rolling a 7 are 16.67%
- 8: The odds of rolling an 8 are 13.89%
Technically, the 7 has the higher odds of rolling. However, since you're betting on 6 and 8, you combine these odds for a 27.78% chance of winning, versus 16.67% chance of losing. That leaves a 55.55% chance of any other number rolling (i.e. nothing happens).
While that sounds like incredible odds, let's remember each win brings you a 7-unit payout, while each loss results in a 12-unit decline. Thus, all in all, you have a 1.52% house edge to compete with, which comes out to a negative expectation of $1.52 per $100, or a loss of $0.18 per $12.
As always, the casino has the advantage, so you can't expect every time that you'll win at craps with Place Bets on 6 and 8. But expecting to lose $0.18 each time the shooter craps out offers a whole lot of entertainment value on a budget bankroll. With a little luck and responsibility on your part (i.e. knowing when to walk away), you just might come away with some extra change in your pocket!
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Casinos can be intimidating and their games a little confusing, but here's a tip: The best bet on the craps table has no house edge, and it isn't shown anywhere on the layout. There's no mention of 'odds' on the table. You must have a Pass or Don't Pass bet to take odds on, but then you're on your own. If you don't know about odds, you'll miss the best bet in the casino.
If you know how to play craps, you know that new shooters have to place a wager on the Pass or Don't Pass line. Once that new point of 4, 5, 6, 8, 9, or 10 is made, they can just keep shooting. The odds bet, the one that has zero house edge, isn't mandatory; it's optional. Buy jammer slot machine.
The Pass Line always pays even money, but the real beauty of the Odds wager is that you are paid the true odds of the point rolling. To make the wager, simply place chips behind your original Pass Line bet on the craps layout. This wager can at least equal your Pass Line bet, so if you have an original wager of $10, put another $10 behind it to take odds. The amount you should wager depends on the point number.
If the point is 4, 5, 9, or 10, match your bet. If the point is 6 or 8, bet $6 in odds for every $5 you have on the Pass Line. When the shooter makes their point, you'll get a much bigger payoff.
Pass Line Odds Payoffs
If the point is:
- 4 or 10, you are paid 2 to 1 on your Odds wager.
- 5 or 9, you are paid 3 to 2 on your Odds wager.
- 6 or 8. you are paid 6 to 5 on your Odds wager.
Most casinos allow you to take double odds on you Pass Line bet. That means if you put $5 on the Pass Line, you could make an odds bet of $10.
Your Pass Line bet has a house edge of 1.41 percent. The Odds bet has no house edge, so by taking it you lower the house edge on your overall wagers. A Pass Line bet with single odds has a house edge of 0.85 percent and with double odds, the house edge drops to 0.61 percent.
Over the last few years, many casinos have allowed players to take larger odds bets. Some casinos compete with each other to see who can offer the highest odds, up to 100 times odds. Although this sounds great, it is impractical for average players to wager this much unless they have a very big bankroll.
3-4-5 Times Odds
To make things quick and easy for everyone, from the players to the dealers to the Box Men, many casinos have incorporated a simplified odds system in which they allow odds of only 3, 4, or 5 times a Pass Line wager. With this system, players are allowed to take three, four, or five times odds, depending on the point number. Space moolah slot machine. You can get odds on Come Bets too.
Craps 6 And 8 Bets Game
If the point is::
- 4 or 10 you can take 3 times odds.
- 5 or 9, you can take 4 times odds.
- 6 or 8, you can take 5 times odds.
Craps 6 And 8 Bets College Football
Craps Odds Bets
