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Message:: [QUOTE="cpm9ball, post: 936617, member: 24633"]Point of clarificationCraps has the best "pay-out" odds of any game in the casinos. No question! What the pay-out percentages don't reveal is that much of the money won at the table goes right back to the house, and this is not figured into the pay-out percentage. For example, suppose a player starts with $1,000, and everything the player wins is placed in their pocket until he/she has expended all of the $1,000. Based on the published pay-out odds, the player would have (in a perfect world) $989.50 in their pocket. Suppose the player continues. Now the return on the bankroll is based on $989.50 and would be $974.66 (rounded) once the player has expended all of the $989.50. If the player stays at the table long enough, he/she will eventually lose everything. However, there is another non-publicized bet on the craps table called the "odds bet" which can reduce the house "take" to as little as .0015%. No, I haven't misplaced the decimal point. It can be as little as fifteen ten-thousandths of 1%. The odds bet can vary from casino to casino. It can be as little as 5x to as much as 100x the "come line" wager. You have to ask the croupier at each casino for the odds bet limit. Suppose that a player started with $1,000, and he/she was playing at a casino that allowed 100x odds bets. In effect, the house's "take" would be reduced to $1.50 of the $1,000. Veteran players usually know what the odds bet limit is at most of the casinos, so you don't often hear them asking for the information. Whenever they are at a table where the player controlling the dice is on a real hot streak, they will instinctively play the maximum limit allowed for the odds bet. When it is only costing the player $1.50 for every $1,000 played, it is very likely that there will be a few hot streaks during the entire course of their play, and this is how you can win at craps. Chris[/QUOTE]

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