However, the house edge is large (from about 5% - 17%, depending on the number you choose), so these bets aren't effective ways to make money. Prop bets are very risky and thus offer high payouts. You bet on a specific number, and if the next roll comes up that number, you win. Proposition (or 'prop') bets are basically bets made on the next roll of the dice.However, one mitigating factor is that odd bets can be made on top of put bets, lowering the house edge on the overall wager.

Since much of a pass bet's value is in the come out roll, put bets can have house edges of as high as 33.3%. In other words, you won't win on a 7 or 11 on the first roll and so on. Put bets are essentially pass bets that 'skip' the come out roll.In particular, put bets and proposition (prop) bets offer very unfavorable house edges, so avoid making these bets if you're looking to make money. Only take these bets for their entertainment value - the thrill of risking your money on a long shot. Certain bets carry high house edges and are to avoided by serious gamblers at all costs. X Research sourceĪvoid risky bets with major house edges. Laying the odds against a 4 or 10 pays 1 to 2, 2 to 3 against a 5 or 9, and 5 to 6 against a 6 or 8. Making an odds bet after a don't pass bet is called 'laying the odds' and is the opposite of a normal odds bet - you're betting that a 7 will be rolled before the point.The odds bet pays 2 to 1 on points of 4 and 10, 3 to 2 on a 5 and 9, and 6 to 5 on a 6 and 8. Making an odds bet after a pass bet is betting that the point will be thrown before a 7.By taking the maximum odds bet every time you make a pass or don't pass bet, you maximize your winning potential and lower the house edge on your overall wager. Odds bets usually have a maximum bet amount that is some multiple of your pass or don't pass bet - 2X, 3X, 5X, etc. However, odds bets can only be made on top of other bets, so, if you make an odds bet, the house still has an edge (albeit a diminished one) on your overall wager. Odds bets are somewhat unique in that they are truly fair - the house has no edge at all on these bets.

Best way to win at the casino