Craps Terms
PASS LINE: The Pass Line is an even money bet that means if you bet $5 you will get $5 back. You will win on the pass line if the first roll is a 7 or 11. You will lose if the roll is 2, 3, or 12 - this is called craps. If the first roll is a 4, 5, 6, 8, 9, or 10, this is considered the point; the point must be thrown again before a 7, or you lose. If the point is repeated, then you win on the pass line - winning the dollar for dollar bet.
Once the point has been established you can increase your line bet by taking odds. This is done by betting additional money that the shooter is going to make his point. You place this bet directly behind the original line bet. Each point pays different odds. If you were to take the odds on a point of 4 or 10, you would get paid 2 to 1 for your bet (bet $1 and get paid $2). If the point were 5 or 9, you would get paid 3 to 2 for your bet (bet $2 and get paid $3) etc. When you opt to increase the stakes by taking the odds, you will always get paid more than you bet based on what the odds are of making that point before a 7.
The Pass Line bet is the easiest and most common bet to perform. If you are a novice at craps, it is definitely the best way to start off. Other more complicated or advanced bets include Come Bets, Odds On Come Bets, Don't Pass Line, Don't Come Bets, Place Bets, Field Bets and Proposition Bets. I will outline some of the key aspects of these bets for you.