Hi-Lo Bet
Understanding 'Hi-Lo Bet' in Craps
In Craps, a 'Hi-Lo Bet' is a single-roll proposition bet that wagers on the shooter rolling either a 2 (Lo) or a 12 (Hi) on the next dice throw.
How a Hi-Lo Bet Works
- You win if the shooter rolls a 2 or 12.
- You lose if any other number is rolled.
- This bet resolves in a single roll, making it a fast-paced, high-risk wager.
Payout & Odds
- Typical payout: 15:1 (may vary by casino)
- Probability: There is only one way to roll a 2 (1+1) and one way to roll a 12 (6+6) out of 36 possible dice combinations.
- House edge: Very high due to the low probability of winning.
Because of the low likelihood of success, the Hi-Lo Bet is considered a high-risk, high-reward bet and is often chosen by players seeking a large payout on a single roll.
FAQs About Hi-Lo Bets in Craps
What is a Hi-Lo Bet in Craps?
It’s a single-roll wager betting that the next roll will be either a 2 (Lo) or a 12 (Hi).
What happens if any other number is rolled?
The Hi-Lo Bet loses.
How much does a Hi-Lo Bet pay?
Typically 15:1, though payouts may vary depending on the casino.
Is the Hi-Lo Bet low or high risk?
It is high-risk because the probability of hitting a 2 or 12 is very low.
