3-Way Craps and Over & Under 7 Bets
The 3-Way Craps Bet.
The 3-Way Craps bet is almost exactly the same as the Any Craps bet. The difference between them is that the 3-Way Craps is three separate bets (i.e., a bet on the 12, a bet on the 3, and another bet on the 2). Conversely, the Any Craps combines the three numbers 12, 3, and 2 into a single bet with a single payoff. The 3-Way Craps is based on one roll. The winning payoff for the 12 and 2 is 30:1. The winning payoff for the 11 and 3 is 15:1.
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To avoid the challenges associated with fractional bets, make the amount of your 3-Way Craps bet in multiples of $3. (NOTE: Refer to our lessons on the Horn and C&E bets for an explanation and examples of “fractional” bets.) This allows the dealer to split your bet into three equal amounts and apply them to each of the three numbers (i.e., equal bet amounts for the individual numbers 12, 3, and 2).
You may be wondering, “If the 3-Way and the Any Craps are basically the same, which one should I make, is one better than the other?” I like to answer these kinds of questions by evaluating their house advantages. The bet with the overall lower house advantage is usually the one I prefer. The Any Craps has a house edge of 11.1%. The house edges for bets on each separate number are 11.1% for the 3, and 13.9% for the 12 and 2. As you can see, both the Any Craps and the 3-Way are considered bad bets because of their high house edges. If I had to choose one, I’d go with the Any Craps mainly because I could make the bet for as little as $1; whereas, the 3-Way would cost me $3. If I’m going to throw my money away, I’d rather throw away only $1 instead of $3.
The Over/Under 7 Bets
The Over/Under 7 proposition bets are very rare but we mention them here so you know they exist. The Under 7 wins if the shooter rolls a 2, 3, 4, 5, or 6; and it loses when a 7, 8, 9, 10, 11, or 12 appears. The Over 7 wins if the shooter rolls a 12, 11, 10, 9, or 8; and loses when a 7, 6, 5, 4, 3, or 2 appears. Both of the bets have a 1:1 (even money) payoff. It’s just as well that you’ll likely never see these bets because the house advantage for them is a gigantic 16.7%, so stay away from them.