Lay the Odds
Lay the Odds is a craps betting strategy that is an additional bet made after a Don't Pass or Don't Come bet. This wager is placed to win if a 7 is rolled before the point number, essentially betting against the dice.
Key Details of Lay the Odds
- Lay the Odds is an additional bet made after a Don't Pass or Don't Come bet.
- Odds: The odds are true and vary depending on the point number. For instance, the odds are 1:2 for 4 and 10, 2:3 for 5 and 9, and 5:6 for 6 and 8.
- House Edge: The house edge for Lay the Odds is 0%, as this bet is paid at true odds.
- Payout: The payout also depends on the point number and is the same as the odds.
How to Bet Lay the Odds in Craps
To place a Lay the Odds bet, you must first make a Don’t Pass or Don’t Come bet. Once a point has been established, you can add your Lay the Odds bet by placing chips directly behind your original wager on the table.
In an online casino, this process is even simpler, as the software allows you to select your Lay the Odds bet with a few clicks. The bet wins if a 7 is rolled before the point number, and because it pays at true odds, there is no built-in house advantage.
Examples and Strategy
For example, if you place a $10 Don’t Pass bet and the point is set at 4, you could add a $20 Lay the Odds bet. If a 7 appears before the 4, you win $10 on your Don’t Pass bet and another $10 from the Lay the Odds bet.
This makes it one of the strongest strategies in craps, both at live tables and in an online casino, as it’s among the few bets without a house edge. However, it should always be used in combination with Don’t Pass or Don’t Come bets, and players should fully understand the odds and payouts before relying on it.
Lay the Odds Craps FAQs
What is Lay the Odds in craps?
Lay the Odds is a betting strategy in craps that is an additional bet made after a Don't Pass or Don't Come bet. It wins if a 7 is rolled before the point number.
How do I place a Lay the Odds bet?
To place a Lay the Odds bet, you first need to place a Don't Pass or Don't Come bet. Once a point is established, you can then place your Lay the Odds bet by putting your chips behind your original bet on the table.
What is the house edge on Lay the Odds?
The house edge for Lay the Odds is 0%, as this bet is paid at true odds.
Are Lay the Odds a good strategy in craps?
Lay the Odds can be a powerful betting strategy because it's one of the few bets in the casino that has no house edge. However, it should be used in conjunction with a Don't Pass or Don't Come bet.
Can I place a Lay the Odds bet on any roll?
No, a Lay the Odds bet can only be placed after a point is established and after a Don't Pass or Don't Come bet has been placed.
