Craps rules

In Craps, you simply place your bet on either of a number of bet options on the table, and whether you win or lose, depends on number rolled from a pair of die by the shooter.  The bets, and a brief explanation of each is set out below.

The bets:

• pass line
  You place your bet on the PASS LINE before the shooter's first roll. If the shooter's first roll of the die adds up to 7 or 11, you win; 2, 3, or 12 loses the bet. Any other number becomes the 'point' and if the point is rolled again, you win, if 7 is rolled first you lose.  A win pays even money.
  House edge: 1.4%
  

• don't pass
  You place you bet on the DON'T PASS LINE before the shooter's first roll.  If the first roll of the dice adds up to 7 or 11, you lose. 2, 3, you win; 12 is a stand off. Any other number becomes the 'point' and if the point is rolled again, you lose, if 7 is rolled first you win.  A win pays even money.
  House edge: 1.4%
  

• come bets 
  Basically the same as the PASS LINE except that you must bet after the point.  A win pays even money.
  House edge: 1.4%
  

• don’t come 
  The reverse of the COME BET, except that a first roll of 2 or 3 wins, and 12 is a stand off.   A win pays even money
  House edge: 1.4%

some other bets...

• odds 
  'taking the odds'
  Once a ‘point’ or a ‘come point’ has been thrown and you have a pass line bet you may bet up to some multiple, usually 2 times, your pass line bet on the 'odds'.  You may take the odds and win if the point or the come point is made before a 7. Pay off is 2 to 1 for a point of 10's or 4's, 3 to 2 for a point of 9's or 5's, 6 to 5 for a point of 8's or 6's. 
  'laying the odds'
  This is the opposite of taking odds, in other words betting that a 7 will be rolled before the point, once the point or come point has been established. Pay off is 1 to 2 for a point of 10's or 4's, 2 to 3 for a point of 9's or 5's, 5 to 6 for a point of 8's or 6's.
  House edge on odds bets are very low - 0.5 to 1% depending on bet
  

• big 6 or 8 
  Here you are betting that either a 6 or 8 will be rolled before the 7, for a 1 to 1 pay-out.  This represents a high house edge bet and is not recommended.
  House edge: 9.1%
  

• place bets
  In craps 4,5,6,8,9, and 10 are known as the "place numbers."  In a place bet, you are betting that your place number is rolled before the 7.  No pass line or other bet on the point is required.  Place bets on 6 or 8 offer the lowest house edge and are recommended (note that odds bets are still a better bet though)
  House edge for 4 or 10: 6.7%
  House edge for 5 or 9:   4.0%
  House edge for 6 or 8:   1.5%
  

• proposition bets. 
  This is simply a bet on the outcome of the next roll. Proposition bets have a high house edge and are not a recommended play.  Odds are as follows:
  2 or 12 pays 30 to 1, House edge: 13.9%
  3 or 11 pays 15 to 1, House edge: 11.1%
  7 pays 4 to 1, House edge: 16.7%
  Any craps (2, 3 or 12) pays 7 to 1, House edge: 11.1%
  Field ( 2,3,4,9,10,11, or 12), even money for (3,4,9,10,11), 2 to 1 for (2 or 12) House edge: 5.5%

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