To put it quite simply, craps is a dice game in which players place their bets on the outcome of the roll of two dice, or on a series of rolls.The full list of possibilities includes HH, TT, HT, and TH, each with a 25% chance. “One of each” actually happens in two ways, so it’s twice as likely as the other two results. You can flip two heads, two tails, or one of each. In two flips, there are four possible results, though they are often disguised as three.To be a break even bet, the casino would need to pay out $35 on that bet. For example, if a casino pays $30 for a $1 bet that someone will roll a 2, it's making a profit, because the true odds are 35 to 1. Craps Probabilities and the House Edge The house edge is the difference between what the house pays out on a bet and it's true odds.The body of the table shows the sum of die 1 and die 2. The table below shows the six possibilities for die 1 along the left column and the six possibilities for die 2 along the top column. First lets look at the possibilities of the total of two dice.
