Craps Place Bet Calculator

Calculate house edge, payouts, and expected value for Place bets in craps. Compare Place 6/8 (1.52% edge) vs 4/10 (6.67% edge).

Formula:House Edge = (True Odds - Casino Payout) / True Odds

House Edge

1.52%

Payout

7:6

True: 6:5

Win Probability

45.5%

Expected Loss

$0.091

Per decision

6 and 8 have the best odds

$

Best if multiple of $6

All Place Bets Comparison

NumberWays to WinPayoutTrue OddsHouse EdgeMin Bet
439:52:16.67%$5
547:53:24%$5
657:66:51.52%$6
857:66:51.52%$6
947:53:24%$5
1039:52:16.67%$5

Place Bet Strategy Tips

  • • Best bets: Place 6 and 8 only (1.52% edge)
  • • Avoid: Place 4 and 10 - use Buy bets instead (lower edge)
  • • Working: Place bets are always "working" unless you turn them off
  • • Come-out: Most players turn Place bets "off" during come-out rolls

Key Facts

  • •Place 6/8: 1.52% house edge - best Place bets
  • •Place 5/9: 4.00% house edge
  • •Place 4/10: 6.67% house edge - worst Place bets
  • •Bet 6/8 in multiples of $6, others in multiples of $5
  • •Place bets can be turned off, taken down, or increased at any time

Frequently Asked Questions

What is a Place bet in craps?

A Place bet is a wager that a specific number (4, 5, 6, 8, 9, or 10) will be rolled before a 7. Unlike Pass Line with odds, Place bets can be made at any time but have a higher house edge.

Which Place bet has the lowest house edge?

Place 6 and Place 8 have the lowest house edge at 1.52%. These are the best Place bets and are reasonable alternatives to the Pass Line. Place 4 and 10 have the highest edge at 6.67%.

What is the correct bet size for Place bets?

Place 6 and 8 should be bet in multiples of $6 (for full 7:6 payout). Place 4, 5, 9, and 10 should be bet in multiples of $5 for correct payouts. Odd amounts may be rounded down.

Are Place bets better than Buy bets?

It depends on the number and commission. For 4 and 10, Buy bets (with 5% commission paid on wins only) have 4.76% edge vs 6.67% for Place bets. For 6 and 8, Place bets are better at 1.52%.