What Does 3 4 5 Odds Mean In Craps
- A casino I played at had the 3,4,5 odds system where you were allowed 3x on the 4 and 10, 4x on the 5 and 9 and 5 x on the 6 and 8. 0.014% means that per $100 bet.
- Ease of payment is one issue. If you bet $5 on pass, then betting $15 in odds on 4 or 10, with a 2-1 payoff, brings a return of $30. Returns also are $30 if you bet $20 on odds on 5 or 9 at 3-2 odds or $25 on 6 or 8 at 6-5 odds. But easy, same-size payoffs aren't the only issue. Possibility of payment in fractions is another.
- When I was last gambling in 2006/7 there was talk at Mohegan Sun of making Pass Line 5x and Don't Pass 3-4-5x. Thiis never went through. (At a $5 table $26 on the 5 or 9) Like others said 3-4-5x is basically laying 6x on any point. I'm surprised this hasn't caught on considering most tables are $10 min.
CRAPS ODDS
Odds describes the number of times something won’t happen next to the number of times it will happen. If an event is determined to have 1 to 1 odds, that means the event has an equal chance of occurring or not occurring. Craps is played with a pair of dice. Since each die has six sides there are six possible outcomes. Two dice makes 6×6 and therefore there are 36 possible combinations on each roll.
Since only one combination can give you a total of 12 (6 + 6), the probability of this on any given roll is one in thirty-six.
In order to become a more confident player, it can be helpful to know the odds of any number being rolled before a 7. For example, the odds against rolling a 5 before a 7 using two dice are 6 to 4. We get these odds because there are six ways to make the 7 vs. four ways to make the 5.
To figure this out, take the number of ways a 5 can be made with two dice (1 + 4, 2 + 3, 3 + 2 and 4 + 1) for a total of four ways. Then, compare this to the total number of combinations that two dice can make, which is thirty-six.
Now, we have a four in thirty-six, or one in nine, chance that a 5 will come up on any given roll. To express these odds, you would say the odds against rolling a 5 are 8 to 1. We say this because there are eight chances of not rolling a 5 vs. one chance of rolling a 5 for a total of nine rolls. This determines the ‘true odds’ of rolling a 5.
Field Bet - 3, 4, 9, 10 or 11 pays out 1/1 and has a 44.4% chance of winning. Despite paying out the same as Pass/Don't Pass bets, the house edge is higher for this selection. Despite this, it is a popular craps bet. The 5.5% house edge sets this bet around the middle of the pack when it comes to value for the player.
What is the house edge?
The house edge is a built-in mathematical advantage the casino has over the player in a game. Think of it as the amount of profit the casino earns – a percentage of a player’s original bet.
The house edge in craps varies based on the different bets available, but the game is among those with some of the lowest house edges in the casino. In fact, some bets in craps have no house edge at all. Of course, for other bets the house edge can go as high as 16.67%.
No matter how you bet, the longer you play the less likely you are to walk away a winner. Anyone can win, but it’s not a good strategy to try to win back the money you’ve lost. This is more likely to lead to further losses.
Below is a summary of the most popular craps bets with their true odds and respective payouts, or odds paid. These bets are popular because of their favourable odds and lower house edge, compared to other craps bets.
The following shows you the true odds for popular craps bets, alongside their standard payouts, which include the house edge. Keep in mind, payouts are standard and will vary depending on the casino. The house edge ensures that over time, players lose more money than they win.
Pass Line/Come Bet
Actual or “True” Odds: 251 to 244 Odds Paid or Payout: 1 to 1 House Edge: 1.41%
Don't Pass/Don't Come Bar
Actual or “True” Odds:
244 to 251
Odds Paid or Payout:
1 to 1
What Does 3 4 5 Odds Mean In Craps Terms
House Edge:
1.36%
Pass Odds/Come Odds
Actual or “True” Odds:
2 to 1 on 4 or 10, 3 to 2 on 5 or 9, 6 to 5 on 6 or 8
Odds Paid or Payout:
2 to 1 on 4 or 10, 3 to 2 on 5 or 9, 6 to 5 on 6 or 8
House Edge:
0%
Don't Pass Odds/Don't Come Odds
What Does 3 4 5 Odds Mean In Craps Machine
Actual or “True” Odds:
1 to 2 against the 4 or 10, 3 to 2 against the 5 or 9, 6 to 5 against the 6 or 8
Odds Paid or Payout:
1 to 2 against the 4 or 10, 3 to 2 against the 5 or 9, 6 to 5 against the 6 or 8
House Edge:
0%
Place Bets
What Does 3 4 5 Odds Mean In Craps Odds
Actual or “True” Odds:
2 to 1 on 4 or 10, 3 to 2 on 5 or 9, 6 to 5 on 6 or 8
Odds Paid or Payout:
9 to 5 on 4 or 10, 7 to 5 on 5 or 9, 7 to 6 on 6 or 8
What Does 3 4 5 Odds Mean In Craps Machines
House Edge:
6.67% on 4 or 10, 4% on 5 or 9, 1.52% on 6 or 8
Can I increase my chances of winning?
The true odds in craps are based on mathematical probability. Nothing you can do will affect the outcome of the dice. Even if you stick to bets where the true odds are higher, there’s no guarantee of rolling a winning outcome.