In some contexts the same concept is described as the odds bet, true odds, or pass odds.
Odds, Probability & Bankroll
Craps odds payout
Craps odds payout is the fair-odds payout on an odds bet in craps, paid at true mathematical odds rather than with a house edge.
- Payout on 4 or 10
- 2:1
- Payout on 5 or 9
- 3:2
- Payout on 6 or 8
- 6:5
- House edge
- 0%
Key points
- The odds bet is placed after a point is set and pays at true odds, giving it zero house edge.12
- Payouts are 2:1 on 4 or 10, 3:2 on 5 or 9, and 6:5 on 6 or 8, reflecting the true probability of each point.13
- The odds bet wins if the point repeats before a 7; it applies to Pass Line, Come, Don't Pass, and Don't Come bets.12
Where this term is used
Not the same as
- Odds payout chart — a chart of payout ratios for many bets, not just the odds bet
- Craps bets payouts — the broader set of payouts for all craps bets, including proposition and field bets with house edge
- Pass line odds payout — the specific odds payout attached to a Pass Line bet after a point, whereas craps odds payout also covers Come odds and lay odds
Related terms
Odds & probability
Baccarat odds payout
Explains the payout odds for baccarat bets, including banker, player, and tie.
Odds & probability
Odds
Covers the general concept of odds in gambling, including how they represent probability.
Odds & probability
Roulette payouts
Lists the payout ratios for different roulette bets, from straight-up to outside bets.
Odds & probability
Betting odds
Explains how betting odds are displayed and what they mean for potential returns.
Odds & probability
Fractional odds to decimal
Shows how to convert fractional odds into decimal format for easier comparison.
Odds & probability
Odds vs probability
Distinguishes between odds and probability, two related but different measures.
Sources
- Craps wizardofodds.com Provides the standard odds payout ratios and confirms zero house edge for the odds bet.
- Craps Part 2 - Pass Line Odds Come wizardofodds.com Explains how the odds bet works after a point is set and that it pays true odds.
- Glossary of craps terms en.wikipedia.org Defines the odds bet and lists the payout ratios for each point number.
Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.