In Craps, after a point has been established with a pass line or come bet, players can make a Free Odds Bet, which is placed behind the original bet. This bet pays true odds, meaning there is no house edge on it, making it a favorable option for players. The amount that can be wagered on the Free Odds Bet varies depending on the casino’s rules, often allowing multiple times the original bet. The payout for the Free Odds Bet depends on the number of points established: for example, if the point is 4 or 10, the payout is 2 to 1, for 5 or 9 it is 3 to 2, and for 6 or 8, it is 6 to 5.
Free Odds Bet Example
For example, if a player has a $10 pass line bet and the point is established at 6, they can place a Free Odds Bet of $20 behind their original bet. If the shooter rolls a 6 before a 7, the player wins their Free Odds Bet and receives a payout of $24, since the odds on a 6 pay 6 to 5.