The Odds bet or associated odds
The “Odds” bet is considered to be the best in the world of casinos.
People observing the game will be able to notice the bet limits on the “Odds” bet, as they are indeed displayed under the edge of the table. In some cases, they are not displayed. This type of strategy is recommended when the funds bet is possible.
The table does not have a dedicated box for the “Odds” bet and you must therefore place your chips right next to the Pass line bet zone (outside of the zone).
The “Odds” bet with a “Pass line” and “Come” bet
During the first throw, the point is made by the shooter for the Pass line bet. The players can therefore, from this moment on, place a bet on the associated odds.
In between two throws of the dice, the player must place the chips behind the “Pass line” bet (outside of the zone). It is then possible to bet as long as the “Pass line” bet is right, which is valid right after the point or after a series of several throws. However, the amount of the bet is limited in certain casinos.
You can notice an upper limit that is equivalent to once to three times the normal bet. Sometimes, it can go as high as 100 times the bet. If the limit allows tripling, the player can therefore place a bet on associated odds that is up to 3 times their “Pass line” or “Come” bet. The limits are sometimes more important, especially on number 6 and 8, as well as on other points. It is however possible to ask the croupier for information about the upper limits.
The bets using associated odds are called “free odds”. The casino does not have any advantage, which creates equality with the players.
Indeed, the likelihood for the house to win is reduced below 1 per cent, which allows an increase of the chances of profits.
Moreover, if the point is made before the combination 7 appears, the player wins the “Pass line” bet, as well as the “Odds” bet. Conversely, the gambler loses everything.
Example of a game situation
Let's imagine the casino allows the tripling of the bet and the player decides to bet 5 euros on the “Pass line” before the first throw is made.
- The shooter gets a combination of 10, which is a rather complicated point to get again since number 7 is twice as likely to appear.
- In this case, the house has more chances to win, if number 10 appears. The “Pass line” bet yields only the initial bet, which does not bring any advantage for the player.
- The latter then decides to place £10 next to the “Pass line” bet (which was £5).
- The shooter gets a combination of 10 and the player wins their “Pass line” bet once (£5), as well as the “Odds” bet (£20). With number 10, the chance to win is 2 to 1, a probability which makes up for the risk. This strategy allowed the player to win more, by having the point made.
The bets placed on the “Pass line” and “Come” are payed equally, but the rate is different for associated odds, according to the point:
- For number 4 or 10, the profits are 2 to 1.
- With number 5 or 9, the bet benefits of a probability of 3 to 2.
- For a 6 or an 8, the associated bet wins at 6 to 5.
It is therefore recommended that you choose the amounts of your bets according to the associated odds. This is a way for you to realise whether or not the casino can pay them easily.
The situation is not the same for tables authorising bets of £5. If the point is made on number 5 or 9, it is recommended that you use an amount that is a multiple of 2, i.e. 6 or £10. This gives the croupier the possibility to pay the odds of 3 to 2 more quickly.
The “Odds” bet according to the “Don't Pass” and “Don't Come” bet
All the players can use this strategy.
Good gamblers (those who play in favour of the dice) can place “Odds” bets at the same time as the Come and Pass line bets.
Bad gamblers can therefore use associated odds with bets that are against the dice. However, it is not always advantageous, since the bad gambler wins only a part of their bet with this type of strategy. Indeed, you can notice that they must bet £40 if they want to win half, i.e. £20, when number 4 or 10 appear.
The house advantage is also reduced under 1 per cent, which makes the bet quite interesting.
In order to play, the players must push their piles of chips next to the initial bet, in the “Don't Pass” or “Don't Come” boxes. When the player chooses to use the associated odds strategy during the “Come” bet, they can notice that they are interrupted when the first throw is made. They must consequently wait until the second throw is made to play. With this type of strategy, the opposite is true and the odds bets associated with “Don't Pass” and “Don't Come” bets are not suspended during this first throw.
In this type of game, the payment of the bet depends on the point:
- With a 4 or a 10, the bet wins at 1 to 2.
- If the combination is 5 or 9, the bet is payed at 2 to 3.
- For a point made with number 6 or 8, the associated bet wins at 5 to 6.
If the player places £5 on the “Don't Pass” bet and the point is made at 10, the gambler can't win more than twice their bet (£10) when they place their bet on associated odds. If they want to win this amount, they have to risk betting £20 on the “Odds” bet. You also need to keep in mind that the odds when number 10 is the point are 1 to 2.
It is however possible to maximise your chances to win profits. It is recommended that you place the maximum amount on the “odds” bet as soon as the point is made. This depends on the tables, but it is generally possible to make a simple or double bet. Sometimes, a limit of 10 is authorised, or even 100 times.
The player can find this information displayed under the table: “3x, 4x, 5x odds.”
- The upper limit for a combination of 4 or 10 is 3 times the bet.
- With points 5 or 9, it is possible to get 4 times your bet.
- For number 6 or 8, you can have 5 times your bet.
With this strategy, you can notice that the casino advantage will decrease every time the bet increases. This characteristic allows the “odds” bet to be the best, as the chances to win increase while the likelihood for the casino to win decreases.