Good craps players know that craps has one of the lowest house edges of all of the casino games. Though each individual bet varies that edge, smart players can easily best the house and make a good amount of money on the game.
Playing on the Edge
Players can typically calculate how much they can expect to lose in a given game of craps by figuring out the house edge. The higher the house’s edge, the more the player can expect to lose. For instance, in European Roulette, a house edge of 2.70% means for every $100 wagered, the player will lose an average of $2.70. Over the course of an hour with a bet on each minute, a player will then lose about $162 in an hour.
Edges on the Different Bets
Calculating the hourly house edge in craps, though, is not so easy. Because craps has so many different types of bets and so many different outcomes, it can be quite difficult to calculate an accurate house edge. A player can play for hours without losing any money, as each roll is independent of each other. However, players can be sure that on a Pass bet the house has an edge of 1.41%. That means, for each $100 bet placed on the Pass Line, a player can anticipate losing $1.41.
While a player cannot easily compute a house edge for each roll in craps, some advanced statistics can be deployed to determine the average number of rolls to reach each bet. These statistics are often available in guide books on craps and can be found in local bookstores or online. After learning more about the house edge you should play slots.com craps to better your odds at winning.