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 OddsHouse 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
| Number | Ways to Win | Payout | True Odds | House Edge | Min Bet |
|---|---|---|---|---|---|
| 4 | 3 | 9:5 | 2:1 | 6.67% | $5 |
| 5 | 4 | 7:5 | 3:2 | 4% | $5 |
| 6 | 5 | 7:6 | 6:5 | 1.52% | $6 |
| 8 | 5 | 7:6 | 6:5 | 1.52% | $6 |
| 9 | 4 | 7:5 | 3:2 | 4% | $5 |
| 10 | 3 | 9:5 | 2:1 | 6.67% | $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%.
Try These Examples
Quick-start with common scenarios
How this works
Calculations follow the published mathematics of the game — combinatorics for cards, probability theory for dice, and expected-value accounting for wagers. Results are verified against independent references (primarily Wizard of Odds). No calculation here is an opinion or recommendation; it is arithmetic applied to the rules of the game.
What this tool can’t do
When to consult a professional
This tool computes probability and expected value. It is not a betting system and cannot predict the outcome of any individual wager. If gambling is causing problems for you or someone you know, call the National Problem Gambling Helpline at 1-800-GAMBLER.
Sources
- [1]Wizard of Odds — Michael Shackleford, ASAIndustrywizardofodds.comAccessed Apr 21, 2026
Actuary; widely cited casino-game probability reference. Used for house-edge and EV verification.
- [2]National Council on Problem GamblingOfficial sourcencpgambling.orgAccessed Apr 21, 2026
Responsible-gambling guidance and 1-800-GAMBLER helpline.
Joseph OrdunaFounder & Software Engineer
Full-stack software engineer specializing in embedded systems, web architecture, and AI/ML. Founder of Practical Web Tools. Built the gesture-controlled drone IP acquired by KD Interactive (Aura Drone, sold on Amazon).
House Edge
1.52%
Payout
7:6
True: 6:5
Win Probability
45.5%
Expected Loss
$0.091
Per decision