The Best Craps Payouts Are Not Always the Lowest Payouts
Craps is an online game where people place bets on the outcome of a craps game. It’s simple to understand: players ante up (they purchase more chips), and they bet down (they remove more chips from their pot). When the chips are gone, the game is over. People can play craps for fun or for profit, and they do it all by understanding how the odds of a craps table change depending on the number of players, the amount of chips in play, and the amount of money wagered on the table.
Craps is essentially a game of chance and most players can’t apply advanced strategies, but that doesn’t mean that the game requires serious mathematical calculations to help players decide the correct craps payouts. It might sound a little confusing at first, but people should truly understand how to compute craps odds payouts if they want to maximize their bankroll and get as many high roll winnings as they possibly can from the game. Many online casinos offer guides and tutorials to help players learn the basics of playing craps and its underlying mathematics.
The first step is to figure out what kind of odds are associated with each craps table you’re looking at. In a standard craps table, each bit corresponds to one of the six basic symbols on a black or red square. The numbers involved in each symbol are the total amount of your bet, the raised or lowered number of the pot, the total amount of your stake, and the percentage you’re paying out to move to the next bet. Knowing the makeup of your own chip stack will help you predict which bet will have the biggest payoff.
An example will illustrate the principles behind craps odds. Suppose you’re playing craps at a place called the Big 6 Poker Stadium. There are five different symbols from which to choose when you play craps–your starting hand, your middle pair, your loose hand, your dues, and your seven. If you throw two dice and pick up your two middle cards, you have just discarded your top card and increased your money by two points. This doesn’t sound all that great, but if you look at the odds, you’ll see that it is still a very profitable play.
Now, let’s say you decide to play craps at a place called the Online Casino Blackjack Cafe. Here the house edge is much higher than at the Big 6 Poker Stadium, and the payouts are not as high, since the house has to bear more of the risk. The reason for this is that there are more random factors in the casino, which can reduce the house advantage and make it more likely that someone will hit a key on the roulette wheel, or that someone will decide to pass on the opportunity to bet with them. Because you don’t know what’s going to happen, your craps odds become significantly worse than they would if you had played at the Big 6.
So the crux of the issue is that even if you want to maximize your craps winnings, you should still calculate craps odds payoffs so you can maximize your returns. The best craps payouts are not necessarily the lowest payouts. In fact, some people have literally made their entire profit on one single roll. The key is to know what you are up against and then beat it. You can do this by calculating the craps odds and betting accordingly.