Every Craps Bet

One of the most iconic casino games in the West has to be craps. Often portrayed in films as having the capacity to draw in a large number of people around the table, craps is certainly a crowd pleaser and both players and observers can have fun with it. Another excellent aspect of craps are the multiple betting options available to players. In fact, the whole table is covered with potential wagers, making this one of the most versatile casino games out there, rivalled only by roulette in the number of available bets.

Furthermore, the wagers come in many shapes and sizes, each with its own odds and payout ratios, thereby, allowing you to make both low- and high-risk plays. In short, craps is able to accommodate any type of gambler and is an overall pleasant experience, both visually and financially.

With that said, we would like to bring your attention to one particular bet type that is often placed by beginner players due to its sheer simplicity. We are talking, of course, about the Any Seven wager. Below, you will find detailed explanations regarding this betting option, including a rundown of the odds and house edge, in addition to other important information.

The craps payout chart below shows various payout statistics such as what kind of craps bets, true odds, payout odds and the total house edge after everything has been calculated through. Note that these payout odds in the chart listed below are not the same in every casino or on all craps tables. Virtually every craps game has a maximum bet ranging from $2,000 and up. Most of them are $10,000 or less. That means in the unusual but very possible case of someone going 25 rolls without a 7, this player is out his entire investment of over $20,000 and he cannot continue.

Craps (version 2) - Part 3 of 5: Video for the new Craps tutorials, Sucker Bets. AUG 7 Vegas 2066: Fiction about a reclusive individual fifty years in the future and how the game of craps opens him up to the possibilities in the, 'Real world' JUL 29 Craps (version 2) - Part 2 of 5: Part 2 Video for the new Craps tutorials; View All. The pass line bet is the first bet you make before the come out roll. Some casinos will require that the shooter place one of these bets before rolling, and in some casinos, they require that every player who wants to make any bets place a pass line bet. During the come out roll, if a 7 or 11 is rolled, the pass line bet is paid out at 1:1.

Any Seven Bet Explained

The Any Seven Bet is quite easy to understand when you think about it. It is a bet on whether or not the next roll of the dice will amount to a combination of seven. This means that any of the six possible dice combinations that form a total of seven will count towards this wager. This is convenient since seven is the most common number to be rolled in a game of craps, giving you a good chance of winning the bet.

This wager is found in the middle of the table, though it is not placed by a player, but rather by the stickman. Moreover, it is commonly announced as “The Big Red”, a nickname that it has acquired over the years.

This is one of the simplest bets in craps and it is accessible to just about anyone. It is also easily understood, giving you the opportunity to get the hang of the game. However, there is much more to this bet that meets the eye. For a more detailed review, look at the next point where we cover the statistical advantage of the casino and comparing the payout to the chances of winning.

Odds and House Edge

In terms of chances, you will find that the Any Seven is hardly an attractive wager when compared to other potential bets at the craps table. There are several reasons for this and it mostly has to do with the odds of winning and the payout ratios. For starters, there are 36 possible dice combinations at a craps table, while the winning outcomes are six in total – 1-6, 6-1, 2-5, 5-2, 3-4 and 4-3. As a result, the odds of winning this bet are one in six rolls or in other words, 1 to 5. The real-world statistical probability of winning a bet is referred to as true odds. However, they differ from the casino odds – the payout ratio for a given bet.

The payout for a winning Any Seven bet is 4 to 1, significantly lower than the true odds. This discrepancy in the odds is known as the house edge and it is the source of income for every casino, both online and land-based. The statistical advantage guarantees that while the house might lose some money in the short term, it will make up for that in the long run. Moreover, this is what makes it viable for a casino to pay out large winnings to particular gamblers and still make a profit, knowing that it will make up the difference from others. It is also where the sayings ‘The house always wins’ and ‘Quit while you’re ahead’ come from.

However, the house edge is a reality of life and it is mostly accepted in the gambling world. The reason why it is a problem with the Any Seven bet is simply due to how wide the gap between the true odds and casino odds is. On average, a casino will keep a few percent of all money gambled at the establishment, usually between 2-3%. Some games, such as blackjack feature a house edge of 0.5%, which is practically nothing, while on the other end of the spectrum we have the likes of American Roulette with a house advantage of 5.27%. But the Any Seven bet on craps goes much further than any other betting option at a given establishment, sporting a house advantage of 16.67%.

All Craps Bets Explained

This number is calculated by the following formula:
(Odds Against Winning – Casino Odds) * Probability of Winning * 100 = House Edge %

This number represents the percentage of all money that will be lost over the long run by players from placing the Any Seven bet. Basically, for every $100 wagered, $16.67 will be lost over time. Granted, the house edge only comes into effect after thousands of rolls but this bet still represents some of the worst odds in the casino and there are several other craps bets that share the same house edge.

Strategies with the Any Seven Bet

Many gamblers out there like to incorporate betting strategies when playing casino games and the same tactics can be applied to your craps games, even when using the Any Seven Bet. Granted, many of these strategies are better utilized on even money betting options though it is entirely possible to apply them to Any Seven betting.

Martingale System

The Martingale betting system is one of the world’s most popular of its kind and it is applicable across a wide range of casino games. While it is most commonly used on even money wagers, you can also apply it to your Any Seven craps betting. The idea behind the Martingale is simple enough, all you have to do is increase the size of your bet twice fold whenever you lose one. This will allow you to recoup all previous losses as soon as you make a winning wager. However, there is something else that you need to take into account which is that this system can only make back what you lost rather than bring in any additional winnings.

Moreover, the Martingale can have you racking up larger and larger losses quickly if you hit a particularly bad losing streak. It is even possible that you may hit the table limits or simply run out of money to increase your bets. These are all realistic possibilities when using the Martingale, especially when your bet has a 6/36 chance of winning. If you do decide to utilize the Martingale system then also be sure to practice some very disciplined bankroll management.

d’Alembert

The d’Alembert is another betting system that sees a negative progression but this one is much more grounded and will not have you running to an ATM if things go bad quick. The basic principle of the d’Alembert is that you start with a bet of one unit, the value of which you decide for yourself. For every losing bet that you make, simply increase the size of your wager by one unit. After you win, you should reduce your stake, either by a single unit or by as much as you feel necessary.

The beauty of this betting system is that it is much more conservative than the Martingale but it also will help you recoup some losses whenever you hit a bad streak, which all gamblers do at some point. While the risk-reward factor is somewhat dampened with the d’Alembert, the chance that you will hit the table limits before scoring a win is also significantly reduced. This makes it a favorite in the gambling world and players from all over the globe implement it in their gaming. Though you should still be mindful of the table limits and should still have the impulse control to stop when the situation calls for it.

Oscar’s Grind

A system primarily used on roulette, the Oscar’s Grind has only recently entered the casino mainstream. Despite that is has already acquired a significant user base and you will find many gamblers applying it to their betting patterns. It is also applicable to non-even money wagers, making it viable for the Any Seven on craps.

The premise of the system relies on cycles where you bet a single unit until you score a win. After which, you increase the size of your stake again by a single unit and continue betting until you achieve a profit of one unit. Whenever you make this small profit, simply cut the cycle and start again.

While this is not realistically feasible, it does mean that this system can be profitable for you, given the right conditions. The negatives of the Oscar’s Grind is that you continue placing the same bet until you win and will only see the small profit after a little while. One could argue that this betting system offers too little profit for the risk but risk is an inherent part of the gambling experience. We are certain that with a little disciple and bankroll management, you could see some good results with this system.

Is the Any Seven Bet Worth It?

Now comes the question of whether or not the Any Seven bet is worth placing. Based on the above-detailed calculations, it is easy to come to the conclusion that this bet is not very worthwhile and that will not be far from the truth. The house edge is simply outrageous regardless of what standard you hold. Even the highest house edge in traditional roulette variations does not come close to that of the Any Seven wager.

The payout of this bet does not meet the risk that you take when you make the wager. A 16.67% difference between the two is ridiculously high and you should seriously consider placing different bets. Of course, if you do end up betting on Any Seven, doing it once or twice will hardly bankrupt you. However, if you have not won after the third consecutive bet it is recommended that you drop this wager in favor of another. There are plenty of betting options in craps that have much better payout ratios and feature much lower house advantage percentages. The Odds and Laying the Odds betting options are only two examples of bets with no house edge and there are many more available in craps that do not even exceed 1%, as far as casino advantage is concerned. This is an opinion shared by many professional gamblers and gambling pundits alike.

Conclusion

Having covered all of the points above, the conclusion regarding the Any Seven wager is clear. This bet is clearly a bad deal, considering the incredibly high house edge of 16.67% and the overall risk involved with it. While the Any Seven does offer a higher payout than the even money wagers, you will end up losing money in the long run. Still, placing a few Any Sevens will not hurt you too much, provided that you manage to win at least one early on. The house edge only affects long-term betting and you can see some success for a short time, but as soon as you overdo it, you will certainly be burned.

Our recommendation is that you stick to other types of bets that offer you better odds and have smaller house advantages. Be sure to check out the other guides to the different betting options of craps featured at our website.

Craps is one of the most popular games in the casino. Therefore, it feels like craps is an open book for many players.

But there are also things that the majority of craps players don’t know about the game. Knowing these secrets can make the game more entertaining and help you win extra money.

I’m going to discuss 7 craps secrets that every player should learn in order to improve both their knowledge of the game and their odds of winning.

Perhaps you already know some of these secrets. Keep reading to see if there are ones that you don’t know.

1. Craps Features a Bet with No House Edge

Craps offers two of the best wagers in casino gambling including pass line and don’t pass line. Here’s how both of these bets work:

Pass Line

• Pays 1:1
• True odds are 251:244
• 1.41% house edge
• Wins on come out roll (first roll of new round) when 7 or 11 are rolled
• Loses on come out roll when 2, 3 or 12 are rolled
• Point is established if 4, 5, 6, 8, 9 or 10 are rolled
• Point number must be rolled before 7 to win

Don’t Pass Line

• Pays 1:1
• True odds are 976:949
• 1.36% house edge
• Wins on come out roll (first roll of new round) when 2 or 3 are rolled
• Pushes on come out when 12 is rolled
• Loses on come out roll when 7 or 11 are rolled
• Point is established if 4, 5, 6, 8, 9 or 10 are rolled
• 7 must be rolled before the point number to win

Considering that the pass line and don’t pass line have such low house edges, they give you a great opportunity to win.

But the number one secret craps players should know is that there’s also a wager called “odds,” and it doesn’t have any house edge.

An odds bet is placed behind your pass line or don’t pass line wager. These bets pay at true odds, which is why they don’t have a house advantage.

The higher the odds you take, the lower the overall house edge you’ll be facing. Here’s how much the house edge drops based on the size of your odds:

Some players are unaware of odds wagers because casinos don’t list them on the table. Instead, you need to notify the dealer that you’re going to back a bet with odds.

Here’s what you must know when putting odds behind either the pass line or don’t pass line:

Odds with Pass Line

• Called “taking odds”
• Placed after point number is established
• Point number must be rolled before a 7 for you to win
• Pays 2:1 on point numbers of 4 and 10
• Pays 3:2 on points of 5 and 9
• Pays 6:5 on points of 6 and 8

Odds with Don’t Pass Line

• Called “taking odds”
• Placed after point number is established
• 7 must be rolled before a point number for you to win
• Pays 1:2 for points of 4 and 10
• Pays 2:3 for points of 5 and 9
• Pays 5:6 for points of 6 and 8

2. The Cromwell Offers the Highest Odds Bets

Odds is the only wager in the casino where you’re not facing a house advantage. This is why some gamblers take the highest odds they possibly can.

The downside is that you actually need to front the money for your odds bets. Here’s an example:

• The minimum bet is $10
• You want to take 10x odds
• You’ll need to bet another $100
• Your total wager is now $110

Despite this larger investment, craps players are willing to bet more money to improve their chances of winning.

If you want the highest odds possible, then you need to visit The Cromwell in Las Vegas.

The Cromwell currently offers the world’s largest craps odds at 100x. This casino also lets you make a $5 minimum wager, which is incredible considering the size of odds you can bet.

Main Street Station is another Vegas casino that offers generous odds. Their maximum odds are 20x, combined with a $5 minimum bet.

If you don’t plan on taking a trip to Sin City any time soon, then you’re out of luck as far as getting really high odds. You can take advantage of Betsoft and Playtech craps games though, which both feature 3x odds combined with a $1 bet.

3. Casinos don’t Offer Big Comps to Craps Players

Many beginner craps players come into the game with visions of racking up big comps. But the truth is that craps is one of the worst games in terms of rewards.

The reason why is because craps gives you such a strong chance to win that casinos can’t afford to generously comp you.

Therefore, you’ll often receive a 0.1% comp rate on your total bets. Some casinos offer a 0.2% rate, but this is becoming more rare these days.

The only craps players who earn big rewards are those who place several wagers on each turn. Of course, this also exposes you more to the house edge, especially when you’re making risky prop bets.

Here’s an example of what you’ll typically receive in terms of craps comps with minimal betting:

• Casino comp rate is 0.1%
• You make $25 pass line wagers (1.41% house edge)
• The average number of rolls per hour is 119
• Your pass line bet requires an average of 7 rolls to be decided
• This puts you at 17 bets per hour, or $425 in total wagers
• Your theoretical comp value is $0.43 each hour (425 x 0.001)
• Your theoretical losses are $5.99 per hour

Obviously, no craps player would continue rolling just for comps that are worth just 1/10 of theoretical losses. Nevertheless, you should definitely put yourself in line to earn craps rewards.

The nice thing about playing online craps is that the software will automatically keep track of your rewards points. At most online casinos, all you need to do is sign up and make a deposit to be part of the rewards program.

Land-based casinos are different, though, because you actually have to sign up for the program yourself. You can either do this by going to the casino’s website or visiting the player’s desk in person.

Once you’re part of the rewards program, you can give your player’s club card to the craps dealer and tell them that you wish to be rated. The dealer will then give your card to the pit boss who will keep track of your bets and assign comps fairly.

4. You’ve been Lied to about Dice Control

Some casino games have an advantage play method that allows skilled players to win long-term profits. Dice control is allegedly the advantage play method in craps.

Dice control begins by holding the dice in a specific manner (a.k.a. setting). The V-shape – where you hold the dice with 3s forming a “V” – is one of the most-popular sets.

The second aspect to dice control is that you need to practice tossing the dice in the same manner every time (a.k.a. controlled shooting).

Controlled shooting enthusiasts often rig a craps table in their basement so that they can practice. The idea is that with enough practice, you’ll eventually be able to control some of your throws. This is similar to how a pro basketball player will practice their shot over and over until they’ve developed great technique.

What’s great about dice control is that you only need to produce a desired throw (usually avoiding 7’s) once in a while to win. Here’s an example:

• You’re trying to avoid tossing a 7 on point throws
• 7 comes up an average of seven times per 42 tosses
• You’ll gain a long-term edge if you only toss a 7 on six out of 42 rolls

All of this sounds great in theory, but can you really control a craps toss with any certainty when you have to bounce dice off the rubberized back wall?

Dominic LoRiggio and Frank Scoblete claim that you can, and they’ve made a fortune selling books and training courses on the subject.

Scoblete often references “The Captain,” a late craps player who was supposedly banned from many casinos, as proof of controlled shooting.

But there’s no proof that The Captain ever existed, nor that dice control works.

Gambling legend Stanford Wong was skeptical of controlled shooting and challenged Scoblete on the matter. Wong eventually came to the conclusion that dice control may or may not be possible. This is the closest I’ve ever seen regarding an established expert outside of LoRiggio or Scoblete claiming that dice control might work.

This isn’t like card counting where we have verifiable proof that it works, including successful players being banned. Instead, dice control is a theory that has never been proven as a whole.

5. The Longest Craps Roll Belongs to a Complete Amateur

One account that shatters the controlled shooting theory is the story of Patricia Demauro.

This New Jersey grandmother once produced 154 consecutive rolls before sevening out. The odds of this happening are just one in 1.56 trillion.

One especially interesting thing here is that Demauro was only playing craps for the second time ever when she embarked on her legendary turn.

She was visiting Atlantic City’s Borgata Hotel Casino and Spa with a friend. Demauro planned to play slot machines while her friend was playing table games, but she got bored and found her friend who suggested that they should play craps together. Little did they know that Demauro would end up rolling for 4 hours and 18 minutes.

A crowd gathered around to witness craps history as she kept rolling again and again. Demauro was surprised at the spectacle and even admitted to the table that she wasn’t an experienced player.

Nevertheless, she produced 154 consecutive tosses and made a fortune in the process. This story shows that any craps player, regardless of their experience, can get hot.

6. World War 2 Soldiers Popularized Craps in America

Historians have traced craps back as far as 900 BC, when Etruscans held a priestess ceremony that involved a hybrid version of baccarat and craps.

The Etruscans would have a potential priestess throw 9-sided dice to determine her fate. If she rolled an 8 or 9, she was destined to be a priestess.

Rolling a 6 or 7 meant that she wasn’t fit for the duty, but still got to live. Rolling anywhere from 1-5 had dire consequences in that the woman was drowned in the sea.

English soldiers played a craps variation called Hazard during the Crusades. This is the first known point in history when craps began to take its current form.

The French quickly adopted Hazard and began playing it in their gambling houses. The French also brought Hazard to America where Cajuns coined the term “craps.”

While craps retained some popularity in the American gambling community, it wasn’t until after World War II that the game truly took off.

WWII soldiers frequently played street craps during their downtime. The reason why they played craps so often is because it’s easy to carry around a pair of dice and money.

Soon, soldiers were playing the game on ship decks, air force bases and in the cargo beds of trucks. These same WW II veterans made craps more popular in casinos when the war ended.

Craps’ popularity has continue to remain strong ever since. Many players have come to realize that this game features camaraderie unlike any other in the casino.

7. Craps Features Hidden Superstitions that you should Avoid

Some of the biggest craps secrets include the numerous superstitions that you should avoid. Otherwise, you can upset veteran craps players who are also highly superstitious.

Every Craps Bet You Can Make

The casino doesn’t require you to know any of these beliefs, but other players count on luck to win, and they don’t want anybody bringing bad karma to the table.

Here are the biggest craps superstitions that you should abide by in order to get along with fellow players:

• Don’t roll the dice off the table. Many players believe that dice hitting the floor is a bad sign.
• Male virgin shooters, or those taking their first turn shooting, are bad luck. In contrast, female virgin shooters are considered good luck.
• Don’t touch a hot shooter in any way (e.g. high-fives, pats on the back), or you could theoretically disrupt their rhythm.
• Avoid saying the word “seven” at the table.
• Keep your hands off the table. Dice hitting a player’s hand is another bad sign.
• Some players won’t bet on a new shooter since they think the dice will be “cold.” The new shooter needs to “warm up” the dice.

Conclusion

Every Craps Bet Explained

The main craps secrets that will help your bottom line include knowing about odds bets and where you can find the highest odds.

Also note that there’s no way to beat craps beyond backing the top wagers (pass line, don’t pass line) with odds. Controlled shooting might sound interesting, but I strongly believe it’s a hoax.

Every Craps Bet Explained