As you will see, this is one end of the spectrum when it comes to craps bets and house edge. This difference of 1.41% is the house edge on that bet. Nevertheless, you can quickly become a skilled craps player by understanding the fundamentals of craps odds and the house edge on each bet in the game.įor example, the chances of hitting a Pass bet is 49.3% but the payout is 1/1. If you are a beginner, this can seem confusing. By having a better idea of how the house edge works in craps, you will improve your play by making more informed bets, depending on how safe or risky you want your game to be.Ĭraps is different from most casino games because there are so many betting options. When you play craps, understanding the house edge on each bet is key.