Using Craps Odds To Your Benefit
Part 1 of this craps odds series looked at basic bets, both long and short, which are usually the worst types of bets in craps. Today we will look at how the type of bets that you make in craps affects your craps odds. In part 2 we will take a look at the other bets that players take in craps. The type of bets that you can make, and which type affects your craps odds, will be covered in subsequent articles.
Firstly, let’s take a look at long shots and craps odds. Long shots in craps are generally considered to be riskier than other types of bets, however this is not always the case. In fact, by calculating the “odds of winning” for a shot, it is possible to determine what the “even” or “odds-up” value is for that particular shot. Keeping in mind that luck is involved with craps luck, continuing in part 2 of this craps odds series: When it comes to betting on craps online, the numbers that you roll with are completely out of your hands and are only dependent on luck, but knowing the overall odds of rolling the same numbers will help you make the correct bets and advise you which bets are the best ones to bet on based on the overall odds.
Short bets are generally the easiest to calculate. The math behind them is quite simple: If you are rolling two dice, then you can figure out the chances of all of your rolls being evens, even, or odd. This can be applied to any game of craps. The only time that it becomes tricky is when you are dealing with multiples of the same number. If you are dealing with three Aces, for example, then you can figure out that each of your rolls will have a fifty percent chance of being even, meaning there is a fifty percent chance you will get one, two, or three Aces, for a total of fifty percent for your bet.
Using the craps odds and rolling the dice once, you can then determine the chances of getting specific types of cards in each of your throws. For example, if you are looking at the “odds of rolling four Aces” then you know that on average, you will get a hit once every twelve spins. On the other hand, if you are looking at the “odds of rolling an Ace” then you know that you will get a hit once every three spins. These percentages are used to determine the payouts, and will also affect the point spreads.
In order to determine the best bet, remember that in most games of craps luck, the person with the best luck is going to win, regardless of the actual total number of chips dealt. The difference between the “total number of chips dealt” and the “rolls” is what determines which player will come out ahead. This can be used as a means to find out which players are using the craps odds to their advantage, and it can be used as a way to eliminate the players with the worst luck!
As an example, if you are playing craps and are looking for the highest possible payoff, you should place your bet at one hundred to one. This tells you that, on average, you will receive one point for each dollar you bet, and, depending on how many chips you bet, you could end up walking away with ten points. If you have a set craps odds, you can use these numbers to see which bets will be the highest in value. Remember that these estimates do not take into account the current state of the game, and they are only meant as a guide so make sure you are betting with your brain, not your stomach!