In a live game, if you place a C and E bet, you are essentially betting on two different outcomes at the same time. If either a Craps number (2, 3, or 12) or an 11 is rolled, you win the corresponding portion of your bet. Each part of the bet pays out separately based on whether a Craps number or an 11 hits, but if any other number is rolled, you lose both portions of the bet.
C and E Example
For example, if you place a C and E bet with $10, $5 is placed on Craps and $5 on 11. If the next roll is an 11, you win the “E” bet, but the “C” bet loses.