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Craps bets - proposition bets
Proposition bets are the ones you can
make in the middle of the table, and exist only on the
'next roll'. As one-roll bets they can produce thrilling
and exciting games, which form an integral part of the
craps experience. However, the house edge is exorbitant
and you really shouldn’t ever make these bets
if you are serious about winning. That’s not to
say that you can’t have fun making them and sometimes
you can go on a run of luck and walk away a winner.
But the chances are, if you played long enough, you
would lose fast.
These bets include:
"any seven" bet
"snake eyes" bet
"yo eleven" bet
"any craps" bet
"any three" bet
"midnight" 12 bet
"horn" bet
Any seven: Here, a
player bets that the shooter will hit a 7 on the next
roll. This pays off at 4-1 against true odds of 5-1,
giving the house a 16.67% edge.
Snake eyes: A bet that
the shooter will throw a two on the next roll. This
pays off at 30-1 against true odds of 35-1, giving the
house a 13.89% edge.
Yo eleven: A bet that
the shooter will hit an 11 on the next roll. This pays
off at 15-1 against true odds of 17-1, giving the house
a 11.1% edge.
Any craps: A bet that
the shooter will throw a 2, 3, or 12 on the next roll.
This pays off at 7-1 against true odds of 8-1, giving
the house an 11.1% edge.
Any three: A bet that
the shooter will throw a 3 on the next roll. This pays
off at 15-1 against true odds of 17-1, giving the house
a 11.1% edge.
Midnight: A bet that
the shooter will throw a 12 on the next roll. This pays
off at 30-1 against true odds of 35-1, giving the house
a 13.89% edge.
Horn: A bet that combines
the snake eyes, any 3, yo 11, and midnight bets. You
have to stake four times as much money and get 4 bad
bets for your bucks so don’t bother!
Hardway bets
These differ from the other proposition bets in that
they aren’t one-roll bets. When a player bets
that a number will come up hard, he means that it will
come up with two dice each of the same total. SO a hardway
4 is a 2 and a 2. If a 4 comes up with a 3 and a 1 it
is an easy way and it defeats the hardway, as does any
7.
For a hard 4 and a hard 10, this type
of bet pays off at 7-1 against true odds of 7-1, giving
the house an 11.1% edge. For a hard 6 and a hard 9,
this type of bet pays off at 9-1 against true odds of
10-1, giving the house an 9.09% edge. Either way, you
shouldn’t go near them.
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