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3-4-5x Odds in Craps ExplainedThe Free Odds bet has some weird payouts. You get paid 2:1 on a point of 4 or 10, 3:2 on a point of 5 or 9, and 6:5 on a point of 6 or 8. To make the payouts simpler, some casinos are now offering 3-4-5x Odds, in which the payout is always seven times the amount of the Pass or Come wager, assuming the player takes the maximum odds. But in order to simply the payout they had to make the wagering more complicated. The maximum for your Free Odds bet depends on the point: 3x on the 4 or 10, 4x on the 5 or 9, and 5x on the 6 or 8. Are 3-4-5 Odds good or bad? It depends on how you play:
See our artice on the Free Odds bet to find out the house edge for various levels of table odds. Origins of 3-4-5X OddsReliable sources (a boxman and floorman at Bally's) tell us that 3-4-5X odds was the idea of a high-rolling player named Stanley L., sometime around the early 90's. (We believe we know his last name but decline to reveal it for the sake of privacy.) Because he was a high roller, one side of a table that was reserved solely for his play. As Stanley was strictly a Pass Line and Come player, he convinced the craps pit at Bally's to allow him to use the 3-4-5X odds as it was easier for him to understand the pay offs on wins, since every win meant the same payout -- seven times the flat bet on wins where full free odds were taken. What we don't know is what the original table odds were. That is, did the casino raise the odds from 2X upward or reduce from 5X downward? What ever happened to Stanley L.? It was stated that he ran up over a million dollars in markers and was never seen again. ©2001-08 NextShooter.com. ALL RIGHTS RESERVED. Terms/Privacy | Advertising | |
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