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- Craps Betting Rules
In Craps there are around about 40 different types of bets. Each of them has varying house edges and dice probabilities. There are smart bets, dumb bets and sucker bets. By reading through each of the articles that we have written on the individual Craps bets you will gain valuable knowledge of the specifics.
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Each article will go into more detail on what the house edge is, how to make the bet, if it is a smart bet and why people make it. Once you have all of this information at your disposal you can make decisions based on correct facts rather than improvisation and guess work.
Below I have categorized each of the bets into three sections. I will provide a short description of each category and provide you with a link to read more about that particular Craps bet.
Line Bets
Line Bets are very popular bets, offering a very low house edge of 1.40% to 1.41%. Some line bets must be placed before the shooter's first roll, while others can only be placed after the first roll. These bets will remain on the table until won or lost. Line Bets pay 1:1, but have the best odds of winning for the player.
Single Roll Bets
As the name implies, these bets will be won or lost in a single roll of the dice. Single roll bets have very attractive payouts, but as such, they have an incredibly high house edge, and are generally termed “sucker bets”. The only way to win a lot of money on single roll bets is to place a wager, win big, and walk away from the table. Unfortunately, this rarely happens.
Multi Roll Bets
These Craps bets are long-term wagers that remain on the table until won or lost. Multi Roll bets have a relatively low house edge, especially compared to Single Roll bets, but not quite as attractive as Line Bets. The average house edge is about 5% on all Multi Roll bets. The payouts are good enough to make these worthy bets, but are recommended on occasion, not consistently.
