Learning Craps Payouts
There are many math tricks that people use, even in daily life, to quickly calculate a fraction or percentage. Take the 5 or 9 on the craps table. It is similar to figuring out 15% at a restaurant. In craps, the odds on 5 or 9 pay 3 to 2. How to Play Craps. Craps Lessons & Practice. Last update: June 2020. Craps is one of the bet bets in the casino. The house edge is a mere 1.41%, which is four times better than roulette, and several times better than most slot machines. That means you stand to get back around 99¢ of every dollar bet, on average.
I just got put on with a second 'Monte Carlo Nite' type place. Their craps dealer will be going into the military soon and they said they may break me in on the game. Use me as a stickman at first then see how it goes, thought I'd need to learn it fast as they usually have just one person running the game.So, to show inititive I'd like to learn some first on my own. Does anyone out there know any free online-resources or any other ways to learn online? Though the craps dealer gets paid twice as much as everyone else (so I heard) and gets more gigs, it isn't enough for a majopr investment.
Or just find some attractive young stickchick and take her out for some lessons, some drinks ... .
(1) make sure bets don't arrive and depart the table while the dice are not in the middle -- eyes on the table at all times)
(2) calculate payouts appropriately (probably the most difficult job) for your side of the table. You'll need to remember all of your times tables!!!
(3) be as quick as possible, though on a monte carlo night, it is better to be accurate than quick.
If this is a monte-carlo type night, do you pay things differently to give the player an advantage? Do you disallow certain types of bets to make the game quicker?
I would first learn all of the rules on Wizard of Odds and then spend a few hours at a craps table observing. The game is very imposing but easy to remember. The most important things a stickman can do is:
(1) make sure bets don't arrive and depart the table while the dice are not in the middle -- eyes on the table at all times)
(2) calculate payouts appropriately (probably the most difficult job) for your side of the table. You'll need to remember all of your times tables!!!
(3) be as quick as possible, though on a monte carlo night, it is better to be accurate than quick.
If this is a monte-carlo type night, do you pay things differently to give the player an advantage? Do you disallow certain types of bets to make the game quicker?
I think it is pretty close to the real deal. The hardways and hopping bet odds are marked and look correct. Free odds plays true odds (though maybe they round up instead of down? Haen't learned yet.) Big 6/8 is on the table. C/E is on some tables but not others.
It has taken a year of practice online, looking at the table, and talking to the friendly craps dealers we have (some are jerks!) to get to where I am now. A year ago I didn't know about free odds! My biggest concern is learning all the payouts. I forget how many different bets there are in craps, but I know there has to be a system to memorize them as nobody will be able to remember 100 different bets as fast as they do. There has to be a way to boil it down to a dozen or so 'really different' bets then everything is based off of that.
Craps Payout Odds
Good luck
Craps Place Bet Payout
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Yes, there ARE certain tricks.
For example, the 5 and 9 place bets have $5 units, while the 6 and 8 have $6 units, but they all pay $7 per unit.
I've been playing craps for years and I still don't know it all. Of course, the stuff I don't know is the stuff that I wouldn't bet on anyway - the 'junk in the middle'. Don't get me wrong, I know what the bet's are, and will sometimes point out to a dealer that they misplaced a chip for another player's bet. I just don't bother attempting to analyze them or learn the pay tables because I'm not going to bet them myself.
Good luck.
My biggest concern is learning all the payouts. I know there has to be a system to memorize them. There has to be a way to boil it down.
That dealersnetwork site has all the 'keys' ... most involve just memorizing the first ten payouts and then moving decimal points as required.For dealers: listen to the stick calls and realize that is the sequence of events. Bettors are taken care of in an established order using the proper hands (inside and outside) to do it. Learn how to size into a stack. And ofcourse there is the old joke: If you don't know how much to pay a New Yorker just put down chips until the guy from New York smiles, then take that last chip back.
For stick: Learn the calls. Learn the keys for proposition bets.