Casinos By Bonus
Like all other casino games, craps has payback percentages. Gamblers should know about the payback percentages associate with craps and/or any other game they play. Before we discuss craps in particular, let us recall what payback percentage means.
Payback percentage is the amount of collected wagers that a casino returns to players through wins. The higher the payback percentage, the more chances that players have as a whole at winning in a particular game. Payback percentage is the reverse of house edge: whatever the payback is, the remainder is the house edge. A payback rate of 85% is the same as a 15% house edge.
Craps Bets and Payback Percentage
Now you might ask, "What is the payback percentage in craps?"
The answer is, it depends on the wagers you make. There are dozens of craps bets and not all are made equal. Some craps bets pay off better than others and others are such poor choices that a dealer would be upset if you made such a bet for them.
If you are wondering why craps bets are unequal, it is partly because some totals are more likely to occur than others. A total of 12 can only be made by 6+6, and a total of 2 can only be rolled by 1+1. But a 7 total can be rolled by 2+5, 5+2, 3+4, 1+6 and so on. The casino further manipulates these bets by paying at variance with the true odds (except in the free odds bet).
So payback percentage depends on two factors: the odds of a bet winning, and how much the casino actually pays when that bet wins. Some craps bets pay very well indeed, while others are not worth your time. To be a smart craps player is to know which bets have the best payback percentages and to stick to them.
The very best craps bets are the odds bets that are multiplied 100x, but not every casino offers such spectacular odds. Most of the time you can content yourself with the pass line, don't pass line, come and don't come wagers plus the odds bet even if it is not the best odds.
Table of Craps Bets and Their Payback Percentages and House Edges
Here is a table of craps bets and their payback percentages. For convenience, the respective house edges have also been added.
Craps Bet House Edge Payback % Pass or Come 1.41% 98.59% Don't Pass or Don't Come 1.40% 98.60% Pass + 1X Odds 0.85% 99.15% Pass + 2X Odds 0.61% 99.39% Pass + 5X Odds 0.32% 99.68% Pass + 10X Odds 0.18% 99.82% Pass + 100X Odds 0.02% 99.98% Field (2:1 on a 12) 5.56% 94.44% Field (3:1 on a 12) 2.78% 97.22% Any Craps 11.11% 88.89% Big 6,8 9.09% 90.91% Hard 4,10 11.11% 88.89% Hard 6,8 9.09% 90.91% Place (back) 6,8 1.52% 98.48% Place (back) 5,9 4.00% 96.00% Place (back) 4,10 6.67% 93.33% Place (lay) 6,8 1.82% 98.18% Place (lay) 5,9 2.50% 97.50% Place (lay) 4,10 3.03% 96.97% Proposition 2,12 13.89% 86.11% Proposition 3,11 11.11% 88.89%
Using the reference above, you now know which craps bets to make and which to avoid. Visit your favorite live casino now or play craps online at our sponsor casino sites!