In America, if you win a $5 bet on the pass line, and you place a $5 free odds bet behind the line, you should get paid $7.50. But you won’t because the casino doesn’t want to deal in coins. To get the full advantage of your free odds on the five and nine, you’re going to have to add $1 to your free odds, to increase your free odds bet to $6. Online Bingo
Bt taking these free odds, you’ve reduced the house advantage on the pass line to less than one per cent, clearly the best bet in the house.
In most casinos, you may reduce your advantage even further, because the majority of gaming halls allow you to take at least double odds. That means, for the four and ten, you can bet £5 in free odds behind your £2.50 pass-line bet. Should a four or ten be rolled before a seven, the dealer will pay you 2-1 on your free odds and even money on your pass-line bet, for a total of £12.50 for £7.50 risked.
Because there is a dwindling pool of craps players, casinos in major locations value their loyal customers. If they didn’t have excitement at their craps games, the game would eventually disappear in individual casinos, severely impacting the bottom line. So many casinos use odds as a marketing tool. In some places, you can get triple, quintuple and even ten-times odds at the craps ‘game. These promotions are very valuable to intelligent players. In some casinos, for example, in Tunica, Mississippi, in 1995, craps games were offering the unheard-of 20-times odds.
Understand, however, that, while the casino has no house advantage on the free-odds bet, you must risk more money than your original bet to win. And even though there is no house advantage, the chances of winning or losing the bet is right down the middle, 50-50. If you’ve got a small
fund, and take double odds on your £2.50 line bet each time, you could be in trouble if you hit a losing streak. It doesn’t take long to lose your stake, even playing even with the house.
You may not remove pass-line bets until they are resolved one way or another, but you may remove odds bets at any time. Since the casino would prefer you don’t take odds to begin with, it will allow you to remove them whenever you want. Don’t do it.