How to Use the Free Odds Bet in Online Craps
Craps is a thrilling casino game that offers players various betting options, one of the most advantageous of which is the “odds bet.” The odds bet is unique in that it carries no house edge, making it one of the best plays for players looking to maximize their chances of winning. Here’s a comprehensive guide on how to effectively use the free odds bet in online craps.
How to Use the Free Odds Bet in Online Craps
Understanding the Basics of the Odds Bet
- What is the Odds Bet?
– The odds bet is an additional wager that you can place after the come-out roll when a point has been established. It allows you to bet on the shooter (the person rolling the dice) to hit that point before rolling a 7.
- No House Edge:
– Unlike many other bets in craps, the odds bet has no built-in house edge, making it a mathematically sound choice. This bet pays true odds based on the probability of the point being rolled versus a 7.
- Payouts:
– The payouts vary depending on the point:
– For a point of 4 or 10: Pays 2 to 1.
– For a point of 5 or 9: Pays 3 to 2.
– For a point of 6 or 8: Pays 6 to 5.
Steps to Use the Free Odds Bet
- Place Your Initial Bet:
– Start by placing a bet on the Pass Line or Don’t Pass Line during the come-out roll. If the shooter rolls a 7 or 11, you win. If they roll a 2, 3, or 12, you lose. If they roll any other number (4, 5, 6, 8, 9, or 10), that number becomes the “point.”
- Wait for the Point:
– After the point is established, the shooter continues rolling the dice, aiming to hit the point before rolling a 7.
- Placing the Odds Bet:
– Once the point is established, you can make the odds bet behind your original Pass Line bet. Most online craps platforms will clearly show where to place this bet.
– The amount you can bet on the odds varies by casino, but many offer odds up to 3x, 4x, or even 5x the original bet.
- Consider Your Bankroll:
– When placing an odds bet, ensure that you’re comfortable with your bankroll. While it’s smart to maximize your odds bet, don’t wager more than you can afford to lose.
- Understanding the Game Dynamics:
– Keep track of the point and the shooter’s rolls. If they hit the point, you win both your original bet and the odds bet. If they roll a 7 before hitting the point, you lose both bets.
Strategy Tips for Using the Odds Bet
- Maximize Your Odds Bet:
– Always try to take full advantage of the odds bet when possible. This maximizes your potential payout and minimizes the house edge.
- Start Small:
– If you’re new to online craps, consider starting with smaller odds bets as you become familiar with the game’s rhythm and strategies.
- Spread the Risk:
– If you’re playing multiple rounds, consider varying your bets across different roll scenarios. Avoid placing all of your chips on one point to manage risk effectively.
- Stay Calm and Patient:
– Online craps can be thrilling, but it’s crucial to stay calm and stick to your strategy. Avoid impulsive betting based on emotions.
- Use Promotions Wisely:
– Many online casinos offer promotions that can enhance your bankroll. Look for bonus offers related to craps that can provide additional funds for wagering on odds bets.
Conclusion
Utilizing the free odds bet in online craps is a fantastic way to increase your winning potential while lowering the house edge. By placing a solid initial bet on the Pass Line or Don’t Pass Line, establishing the point, and then maximizing your odds bet, you position yourself for the best possible outcomes. Always remember to practice responsible gaming, maintain awareness of your bankroll, and enjoy the excitement that comes with each roll of the dice.