Types of Craps Bets
Line Bets:- Big six and big eight are two of the popular craps bets. As you can see on the craps table, they stick out because of their large numbers and prominence on the board, so it catches the attention of people. Really though, this bet is pretty simple yet it does not have really great odds.
- Like Joe Grady, most craps players want those big wins, those monster nights with one or more shooters having monstrous hands. Sadly such hands are few and far between. The average length of a craps shooter’s hand is about eight rolls. Fortunes aren’t made that way.
The reason people place big 6 and big 8 bets is that it is in a conspicuous spot on the lower corners of the online craps table. Betting the big 6 and big 8 is a sign to other players that you know little of the rules of craps If you want to play online craps, avoid the big 6 and big 8 bets. Tomas Hick, Strategic Analyst. Is Craps a Hard Game to Learn? It might seem overwhelming and confusing at first. But let’s be honest that goes for anything when not well studied. With a bit of research, you’ll beat the house and be bumping elbows with the best of players. After all, it could be you as the next craps champion. Basic 'Must Knows' Craps lingo; Table layout. This channel is for passionate craps players. We are all working together to compare different types and variations of strategies. I have worked over 25 years to tweek the most perfect don't pass.
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The any seven craps bet, also known as big red, is perhaps the most popular and well known wager in the game of craps. Basically all you are doing is betting that the shooter will roll a 7 on the next roll. Recall that the number 7 is the most frequent and probable number to appear when the dice are rolled so your odds of landing it are fairly nice.
The odds of actually rolling a 7 are 6 in 36 or 5:1. The house pays out 4:1 on a winning bet, which brings up an outrageous house edge of 16.67%. This is the absolute worst bet you can make in craps. This is actually one of the worst bets a player can make in any casino game at the casino. It is also the most profitable bet for the casino since a large house edge means that players will lose more money and quickly. Note that this rule depends on what casino you play at.
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I added a picture below showing where the any seven bet is located on the table layout. This is a single roll bet so I would win only if the shooter rolls a 7 on the very next roll. I would lose if anything else is rolled. Note that 'any' seven means that any combination of numbers (such as 2 and 5, 1 and 6, 3 and 4) that add up to 7 will be acceptable for a win.
Carefully look at the image below. Notice that CasinoMax pays out 5 For 1. This does not mean 5:1 though, but 4:1. This is just an example and lesson of why it's important to understand the wording of what the odds mean! This can really benefit or hurt your game. An inexperienced player may assume 5 For 1 means 5:1 or paying out true odds, which is why some people will become obsessed with the number 7. Others will recognize that 5 For 1 means 4:1, which turns out to be the worst odds in the entire game. Just to appreciate how great true odds are though, there is usually no other bet in the casino (except a handful of other craps bets) that has no house edge. Card counters in blackjack would only dream to get near true odds in blackjack.
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If you have some experience playing craps, you must have noticed the Big Six and Big Eight, that are to be found at both ends of the table.
Experienced players have learned to be cautious when it comes to these bets because if you do not use them properly, you expose your bankroll to significant risk. Yet, the bet seems attractive at a first glance because apart from 7, the other two numbers that are frequently rolled are 6 and 8.
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Basically, the player bets that either 6 or 8 will be rolled before 7 is rolled. Similarly to the pass line bet, the player is required to place the desired amount of chips into the designated area on the table and keep their fingers crossed that their numbers will be rolled.
The big 6 is a wager that 6 will be rolled before 7.
The dice are rolled as many times as necessary until the player wins or loses. If 7 comes out before 6, you lose. The big 8 wagers are processed in the same manner. Players bet that 8 will be rolled before 7. In case any other number is rolled, the dice are rolled again. If 8 is actually rolled before 7, you win, but if the opposite scenario occurs, you lose your wager.
However, it is important to know that there is a significant difference in payouts between the place bet and the Big Six and Eight. The payout for a place bet on the 6 and 8 is 7:6, while the payout for the big 6 and 8 is 1:1.
In other words, a payout 1:1 means that you lose 6 bets for every 5 bets you win. The same applies to the place bets but the 7:6 payout makes it possible to keep more of your chips as you lose one of them for every 66 chips you wagered. If you wager on the Big Six and Eight, you lose one chip per every 11 wagered.
If you place bets on 6 and 8, the house edge reaches a modest 1.5%, but it jumps to a solid 9% when you bet on the Big Six and Eight. Despite being located in different areas on the layout, the two bets are practically the same.
Players who do not have enough experience in playing craps seem to be lured by the big 6 and 8 bets because of the relatively high probability of rolling these numbers. However, it seems impractical to opt for the Big Six and Eight bet and give the house a 9% advantage instead of making the same bet as a place bet and enhance your chances of turning a profit.
The dealer controls the place bet and places it in the designated area, which basically eliminates any arguments related to the players who get paid. In most cases, players are not well-informed about the difference between these bets.
Many players wonder about whether these bets are effective on the come out roll.
Well, there is not a definite answer to that question. The Big Six and Eight are always working, but that statement is not always applicable to the place 6 and 8. It depends on the casino you have chosen, as some do not offer such a bet. For example, Atlantic City-based casinos do not offer the Big Six and Eight bet and offer only place bets.