Avoiding the Worst Bets in Craps
Avoiding the worst bets in craps will help save you from losing too much money when playing craps. Here we will list the worst dice bets to avoid and then go over some of them. Avoiding the worst bets in craps includes these bad bets: Any Seven; Two; Twelve: Three; Eleven; Any Craps; Hard 4, 6, 8, or 10; Field; and Big 6 or 8. With Any Seven, the payoff is 4 to 1 with a house edge of 16.7%. For the Two or Twelve bet, the payoff is 30 to 1 with a house edge of 13.9%. The Three and Eleven bets have a payoff of 15 to 1 with 11.1% being the house edge. Any Craps as well as the Hard 4 or 10 bets also have a house edge of 11.1% but with a payout of 7 to 1. The Hard 6 or 8 bets have a 9 to 1 payout with a house advantage of 9.1%. The Field bet features a payout of 1 to 1 and a house advantage of 5.6%. The Big 6 or 8 bets also have a 1 to 1 payout but have a higher house advantage, which is 9.1%.
Although many of these bets have a high payout, the house advantage is high as well, so you're really gambling for your money and could lose big. The percentage advantage of the house directly correlates with the expected loss per total amount of the bet. Because the total amount of the bet brings up the expected loss, you can average a slower rate of loss by betting only the table minimum. Odds bets lower the house advantage percentage while at the same time increasing the total bet amount. Curious what worst craps bet is? It's the Any Seven bet. This bet has a house advantage of 16.7% and is sometimes even considered the worst bet you can make in the whole casino. Any Seven is a bet that the shooter (the player rolling the dice) will roll a 7.
The online casino has a payout of 4 to 1 with the true odds being 5 to 1. Because the 7 is most oftentimes on a large, red square on the game setup, the Any Seven bet is also known as "Big Red". Makes you think of the gum, doesn't it? Instead of kissing or betting a little longer, bet a little better while avoiding the worst bets in craps!
Now would you like to be enlightened on the next to worst bet in craps? It is the Proposition bet. Although these bets offer a big payout, the odds are not very good. Do not get suckered into this bet. The payout ranges from 4 to 1 to 30 to 1; however, the house advantage ranges from 9.1% to 16.7%!
Another bad craps bet is the Field bet, used by inexperienced craps players. The Field bet states that one of the numbers (2, 3, 4, 9, 10, 11 or 12) will appear on the next dice roll. 2 to 1 on the 2 or 12 and even money on the other numbers is the payout. Even though there are 16 ways to roll one of the numbers, there are 20 ways to roll a 5, 6, 7 or 8. That means the house had an edge of 5.56%.
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