What is the house edge in Craps?
The house has an edge over the player in almost every casino game, with the size of the edge depending on the game.
In almost every casino game, the house has an edge over the player. The size of the edge depends on the game. For instance, in blackjack, if the player follows basic strategy, the house edge is about 0.5%. That means for every $100 the player bets, he or she can expect to lose 50 cents on average.
Craps is a little different. There is no single bet in craps with a house edge as low as 0.5%. In fact, the lowest house edge of any bet in craps is 1.41%, and that’s only if the player makes the right kind of bet.
The vast majority of craps bets have a higher house edge. For instance, the most common bet in craps, the Pass Line bet, has a house edge of 1.41%. That’s not terrible, but it’s not great either.
There are some other bets in craps with an even higher house edge. The worst bet in craps is the Any 7 bet, which has a house edge of 16.67%. That means that for every $100 you bet, you can expect to lose $16.67 on average.
So why do people keep betting on craps? The answer is simple: because craps is a lot of fun. Craps is a fast-paced, exciting game with a lot of action. It’s also a social game, and one where it’s easy to make new friends.
So if you’re looking for a casino game with a low house edge, craps is not the game for you. But if you’re looking for a game that’s a lot of fun, then craps is definitely worth checking out.
Category: Craps.
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