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- Single Roll Bets in Craps
These bets are the sucker bets on the Craps table. They are placed in large sections, right in front of the players. They offer big odds so for the unsuspecting social player, it will seem like a good deal. While you can make a lot of money if you win and then quit straight away this almost never happens.
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The house edge on these bets is much larger than the rest of the bets in Craps as well. The best house edge that you can get on the Single Roll bets is 11.1%. This is when you bet 11 will come on the next roll. The house edge goes all the way up to 16.67% on the Any 7 bet. You should avoid making this bet at all costs.
- Yo
- 3 (Ace Deuce)
- 2 or 12 (Hi Lo)
C & E Bet
On a craps table, the C & E bets are placed near the center of the table layout, in an area where two little circles are joined by a line. Each of the two circles displays a letter, E (eleven) or C (craps). Not all craps layouts have these circles on both of the sides of the center area that contains the pictures of different dice combinations.
A very popular bet in craps, the one roll bet on number 11, often referred to as the Yo bet, is placed in the circle labeled E that correlates to the position of the particular player at the table.
Another one roll bet can be placed on the circle labeled C. Sometimes this bet is called craps check or any craps.
You will win with either the C or the E bet, when the result of a roll makes 2, 3, 11 or 12. Both bets pay different odds depending on the number that is rolled. If the result of a roll makes 2, 3 or 12, the payoff will be 3.5 times your bet. If a number 11 is rolled, the payoff will be 6.5 times your bet.
Generally, players tend to combine the C & E bet, i.e. place both the craps and eleven bet.
Any Craps Bet
When betting on any craps, you'll bet that the result of the next roll makes craps (2, 3 or 12). You will get a seven to one (7:1) payoff in case you'll win, but betting on any craps is considered a bad investment since the house has a 11.1% edge.
Any Seven Bet
The any seven bet is placed at the top of the center in the area labeled "Seven". Typically, this area is large and red, that's why players often refer to this bet as the big red. This craps bet wins when the shooter rolls a seven and the payoff is four to one (4:1).
It's not advised to do a single any seven bet, as the house has a 16.7% edge. Though, some players tend to make this bet in combination with other type of craps wagers, for instance the world bet, for insurance.
Field Bet
On a craps table, the field bet is placed in the area labeled "Field" and can be made at any time. The field bet is made on many different numbers, this explains the popularity to players new to the game of craps. Experienced players tend to stay away from the field bet since the house has a 5.5% edge.
You'll win when the result of a rolls is 2, 3, 4, 9, 10, 11 or 12, and you'll lose on any other number rolled. Usually, a winning field bet pays even money (1:1) except when the shooter rolls a two or a twelve. Those numbers pay off double the amount (2:1). On some occasions a twelve pays three to one (3:1).
Horn Bet
There are four different types of horn bets, i.e. horn two, horn three, horn eleven and horn twelve. A horn bet can be made at any time in between rolls, individually or as a group bet. It will win if the shooter rolls one of the numbers in the horn group (2, 3, 11 or 12). It looses on any other number. In case the shooter rolls a two or a twelve, the payoff will be thirty to one (30:1). In case of a three or an eleven, the payoff will be fifteen to one (15:1).
Since the house has quite a big advantage, these bets considered to be sucker bets by many experienced craps players.
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World Bet
The world bet, also know as the whirl bet, is a combination of a horn bet and a any seven bet. All together it's a group bet for the numbers two, three, eleven and twelve (horn) including number seven (any seven). It will be even money when the result of a roll makes a seven, since the money won on the seven (4:1) will be lost on the horn.