![]() The casino wants to beat you, so it sets up a game so that there are many enticing opportunities to win, showing you the return on your gamble, but not the house edge. This means that the more likely the casino is to beat you, the higher you are paid out assuming you win. The higher the house edge, the higher the multiple of payout. There is no singular bet that has better than a 47% chance of winning in craps. ![]() House Edge is The Probability of a Casino Beating You Sometimes house edge is displayed in the percentage it has to win altogether, 51.41 for Pass and Come bets for example. The “Edge” is the percentage over 50/50 that the house has to win. A house edge of 1.5% means that the house has a 51.5% chance of winning. Usually, you’ll see house edges as a percentage. The edge doesn’t change based on previous rolls of the dice, and it doesn’t change based on the bets of the other players at the table. You can change the house edge based on a spread of bets, but each bet also has an individual house edge. The house edge in craps is the varying percentage that each bet has to take your money. Let’s look closely at the craps betting odds for each bet, how to bet with the house edge in mind, and the odds on craps tables that can net you more money playing at online craps sites. House edge is a measure of the probability of the house winning a bet.
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