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 How Do Odds Work?This question has been answered · 5 replies Wayne Hummer: Would someone please explain how an odds bet works? Before rolling if you make a pass bet of let's say $20, how do you go about making an odds bet also and how does it either pay off or lose? Also, if you want to bet on a couple of numbers can you do it before your first roll or do you have to wait until a point is established?
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Approved answer (verified by hitchhiker) Gregg Cattanach [nq:1]Would someone please explain how an odds bet works? Before rolling if you make a pass bet of let's say $20, how do you go about making an odds bet also and how does it either pay off or lose?[/nq]You place your odds bet right behind your passline bet on the layout, on your side of the line. The table limit sign will tell you what the maximum odds are. If it's just 2X, you can place odds up to $40 on a $20 line bet regardless of what the point is. The payoffs on the odds bet depend on which point you're going for. It pays 6:5 on the 6 and 8, It pays 3:2 on the 5 and 9 and pays 2:1 on the 4 and 10. Therefore, on the 6 and 8 your odds bet should always be divisible by 5, on the 5 and 9 it should always be divisible by 2, the 4 and 10 any amount works. You'll see some tables with 3x4x5x odds listed. This means you can place up to 5x odds on the 6 and 8, 4x odds on the 5 and 9 and 3x odds on the 4 and 10. This is sort of symmetrical. With a $5 line bet and full odds at thistable, you win $30 on the odds bet and $5 on the line bet whenever you win, regardless of which number was the point. [nq:1]Also, if you want to bet on a couple of numbers can you do it before your first roll or do you have to wait until a point is established?[/nq] You don't have to wait, but place bets are off by default on the come-out roll, unless you tell the dealer differently. Most people wait till the point is established because of this rule, and the superstition that because the shooter is 'trying' for a 7 on the come-out, they think they are more likely to lose their place bets on the comeout roll. If you want to have a number working on every toss, just tell the dealer that your place bets are always 'on'. Gregg C.
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Approved answer (verified by hitchhiker) stacy_friedman: [nq:1]Would someone please explain how an odds bet works? Before rolling if you make a pass bet of let's say $20, how do you go about making an odds bet also and how does it either pay off or lose?[/nq]A winning odds bet pays at the true odds of making the established point before 7. For the 6 and 8, that's 6-to-5. For 5 and 9, 3-to-2. For 4 and 10, 2-to-1. Therefore, your odds bets should always be made in multiples of 5, 2, and 1, respectively. Odds bets win and lose under the same circumstances as the passline bet. When the point is made, both bets win. If the shooter sevens-out, both bets lose. A winning passline bet pays even-money; the odds bet for it pays at the odds listed above. Physically, to make an odds bet you must (a) make a passline bet on the comeout roll, (b) wait for a point to be established, and (c) place your wager 2-3 inches behind your existing passline bet. Largest chips go on the bottom. [nq:1]Also, if you want to bet on a couple of numbers can you do it before your first roll or do you have to wait until a point is established?[/nq] There are generally two ways to bet on a number: place bets and buy bets. A place bet is a bet that a particular number will appear before the seven does. These pay off at less than true odds: 7-to-6 on the 6 and 8, 7-to-5 on the 5 and 9, and 9-to-5 on the 4 and 10. Therefore, your wagers should always be in multiples of 6 for the 6 and 8, and multiples of 5 for any other number. A buy bet is also a bet that a particular number will appear before the seven does. It pays off at true odds minus a 5% commission; therefore, your wager should always be at least $20 or you risk being charged a commission in excess of 5%. You can make buy or place bets at any time, though they are often not working by default on the comeout roll. You must instruct the dealer that "your place/buy bet is working" if you want it to play on the comeout roll. There is a third way to bet on a number called a put bet, but this is not widely available and/or mathematically advantageous compared to the other two methods.
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ALL REPLIES Mason: [nq:1]Would someone please explain how an odds bet works? Before rolling if you make a pass bet of let's say ... numbers can you do it before your first roll or do you have to wait until a point is established?[/nq]Download the following shareware package. Use the help file to research your questions. Use the simulator to see the answers in action on the layout. WinCraps http://www.cloudcitysoftware.com Onward thru the fog, Mason
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QuiGon12: [nq:1]Would someone please explain how an odds bet works? Before rolling if you make a pass bet of let's say ... numbers can you do it before your first roll or do you have to wait until a point is established?[/nq]"Playing odds" is essentially a way of adding to your passline bet after the point has been established. Why would anyone want to do this...? Because the payout is directly proportional to your odds of winning. It is, I believe, the only bet you can make in the casino with no house edge (alongside "laying odds" which is what the don't-pass players do). If the point is 4/10, you get paid 2:1. If the point is 5/9, you get paid 3:2. If the point is 6/8, you get paid 6:5.
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Wayne Hummer: Thanks to all for the information.
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