Gambling terms, explained straight

Odds, Probability & Bankroll

Pass line odds payout

In craps, the pass line odds payout is the money you get back on the extra odds wager you can make behind your pass line bet once a point is set, and it is paid at the true mathematical odds of that point hitting.

Point 4 or 10
2:1 payout
Point 5 or 9
3:2 payout
Point 6 or 8
6:5 payout

Key points

  • The odds bet itself carries a 0% house edge because it is paid at true odds.13
  • The base pass line bet retains a 1.41% house edge; the odds component adds no edge.2

Where this term is used

Not the same as

  • Odds payout chart — a chart showing payout ratios, not the specific craps bet payout itself
  • Craps odds payout — usually the same concept as this term in craps, referring to the payout on the pass line odds bet
  • Baccarat odds payout — not related; baccarat uses different betting rules and payout structures, not craps-style true odds

Sources

  1. Craps en.wikipedia.org Provides the definition and payout ratios for pass line odds.
  2. Craps wizardofodds.com Confirms the 0% house edge on odds bets and the 1.41% edge on the pass line.
  3. Ride the Line wizardofodds.com States the true-odds payout and 0% house edge on the odds bet.

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.