The craps table is undeniably the most intimidating, visually complex game on the entire casino floor.
This secret wager is universally known among veteran players as the "Free Odds" bet, or simply "Taking the Odds."
The Zero Percent House Edge Explained
For example, if the true odds of winning are 2 to 1, the casino will only pay you 1.5 to 1, keeping the difference as their guaranteed profit.
The Craps Free Odds bet is the single, glorious exception to this universal rule of casino mathematics.
- Winning Odds bets are paid out exactly at the true mathematical probability of the roll
- It dilutes the overall house edge of your entire craps session significantly
- You must place a standard Pass Line bet first before you can "Take the Odds"
Where to Put Your Chips
Because the casino makes zero profit from this wager, they completely refuse to advertise its existence on the physical table layout.
If the shooter successfully rolls the Point number again before rolling a 7, both your Pass Line bet and your massive Odds bet win.
How Much Can You Bet on Odds?
The standard structure utilized by almost all major Las Vegas casinos is the mathematically elegant "3-4-5x Odds" system.
A smart craps strategy requires placing the absolute table minimum on the Pass Line, and backing it up with the maximum Free Odds you can afford.
| The Point Number | True Mathematical Odds | Payout for Free Odds Bet |
|---|---|---|
| 4 or 10 | 2 to 1 | Pays $2 for every $1 bet |
| 5 or 9 | 3 to 2 | Pays $3 for every $2 bet |
The Craps Free Odds bet is a beautiful, hidden mathematical anomaly in an industry designed specifically to drain your wallet.