Saturday, August 19th, 2017

House Edge in Craps

Players who are familiar with high-limit baccarat will understand craps bets and house edge in craps better. One of the biggest challenges facing craps players is the wide range of bets associated with craps and the house edge of each of these bets. New craps players cannot help but feel confused with the fact that one craps bet might have a low house edge while another might have a high house edge. Experts therefore urge beginners to understand craps rules, bets, how to calculate house edge, and craps strategies before wagering real money on craps. Beginners ought to first practice in the free mode till they gain the required confidence and expertise to spend their money on craps.

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Though fast-moving and exciting, craps is not the most player friendly game where house edge is concerned. Players who are looking for casino games with low house edges should opt for blackjack or baccarat because making money with craps is a bit tricky, especially for new players. While some craps bets are excellent, others are not at all good. Players can find several charts at craps sites all over the Internet showing the house edge for craps bets. The following is the house edge for some craps bets.

The Pass Line or Come Bet has a house edge of 1.41 percent, Don’t Pass or Don’t Come bet has a house edge of 1.40 percent, Place 6 and 8 Bet has a house edge of 1.52 percent, Lay 6 or 8 has a house edge of 4 percent, 2 or 3 bet has a house edge of 11.10 percent, and Any 7 bet has a house edge of 16.70 percent making it a real sucker bet. The above-mentioned does not include the house edge for all craps bets, but it gives players a very good idea about house edge in craps.

The house edge helps casinos make money because casinos pay lesser than the actual odds whenever players win their bets. The good news is that the Craps odds bet has absolutely no house edge. Advanced players of craps can greatly enhance their odds of winning by placing a bet that will not make money for the casino. They can do this by calculating house edge for each craps bet. However, this is a slightly advanced technique and new players must first learn basic rules of craps before hunting for ways to calculate house edge for various craps bets.

Players will usually realize that only a few online craps bets have low house edge and are player friendly, after playing a few games of craps. The best strategy to follow while playing a game of craps is to play it for entertainment only, and not for the purpose of making money. Players who want to reap casino profits are better off playing games with low house edge such as baccarat and blackjack.

Moreover, craps is a dice game based on chance alone; and players will not find any craps strategy that will increase their odds of winning; they only have to focus on placing their bets wisely.