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Understanding The House Edge On Craps
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The House Edge On Crap s is how much advantage the online casino has over you, which varies depending on which type of wager you are placing. You want this number to be as low as possible.� For example, a coin toss is a 50-50 chance; if the payout is 1:1, this would be true odds, and if you bet $1 you would also make $1 for wining. However, a house edge increases if they you less than a $1.
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Here is what True Odds look like as compared to Online Craps Casino offered odds for Hardway Bets:
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Hardway Bet |
True Odds |
Casino Odds |
House Edge |
| 2 + 2 | 8 to 1 | 7 to 1 | 11.1% |
| 3 + 3 | 10 to 1 | 9 to 1 | 9.1% |
| 4 + 4 | 10 to 1 | 9 to 1 | 9.1% |
| 5 + 5 | 8 to 1 | 7 to 1 | 11.1% |
One of the best bets in craps (and in any other online casino game) is to take odds on a bet.� Some Online Craps Casinos will have a number by the craps table such as 1x, 2x, or a number like that, up to 100x.� This means that on certain bets you can 'add on' the maximum odds allowed by the online casino that you are playing at.� This is not an independent bet, but the add on odds are being attached to another bet.� The only time odds can be added for a pass bet or a come bet is after a point is established.� This greatly reduces the House Edge On Craps as evidenced by the following chart:
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| Odds Taken | House Edge for Pass Bet | House Edge for Come Bet |
| No odds taken | 1.41% | 1.36% |
| 1X | 0.85% | 0.69% |
| 2X | 0.61% | 0.46% |
| 3X | 0.47% | 0.34% |
| 5X | 0.33% | 0.23% |
| 100X | 0.02% | 0.01% |
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As you ca see, it is definitely worth it to do a little research to determine the odds being offered and to locate an online casino that offers add on odds.� Once you learn how to utilize this feature, you can virtually shrink the Craps House Edge as close to 0% as possible.��
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