No Bet [Meaning] - MasterTerms.com

No Bet

No Bet is a term used in Craps to indicate that a player is not placing a wager on the current roll. This means the player is choosing not to engage in a specific bet during that round.

In Craps, players can choose to make various types of bets, but sometimes a player may opt not to bet at all. This could occur for a variety of reasons, such as wanting to observe the game without risking money or waiting for a more favorable betting opportunity. When a player declares a “No Bet,” it simply means they are not participating in the outcome of the current roll.

No Bet Example

For example, if a player is at the Craps table and the shooter is preparing to roll the dice, they might say, “No Bet” if they don’t want to wager on that particular roll. This allows them to stay in the game without committing any chips at that moment.