The probability of throwing a Seven in any given roll is 6 in 36. For a Six or Eight, it's 5 in 36. For a Five or Nine, it's 4 in 36. For a Four or Ten, it's 3 in 36. For Two or Twelve, it's 1 in 36.

In Craps you may play the Pass Line, (Shooter will make his or her point). Remember, the Come-Out roll; 7 and 11 wins, but 2, 3, and 12 lose. After that, you want the Shooter to make his or her point before rolling a 7. If you bet a $5 chip on the Pass Line and win, you will profit $5. In most casinos you can bet up to Double the amount of your Pass Line bet. This is called Taking Full Odds. Therefore, you can bet $10 odds on your $5 Pass Line bet. Some casinos offer up to 10-times odds which means you can bet up to 10-times the amount of your Pass Line bet. The payoff for your odds, depending on the Point, are as follows;

* Four and Ten - Pays - 2 to 1 odds
* Five and Nine - Pays - 7 to 5 odds
* Six and Eight - Pays - 6 to 5 odds

In Craps you may also play the Don't Pass line, (Shooter will not make his or her point). Remember, on this side; the Come-Out roll, the 7 and 11 lose, you win on 2 and 3, and you push, (tie) on 12. After the point is established, you want a 7 to show before the Shooter rolls the point. If you bet a $5 chip on the Don't Pass line and win, you will profit $5. If you are to bet odds, however, you would have to lay the same odds that the House would pay. For Example: if the point is 4 or 10, you lay $10 to win $5. (Note: House pays 2 to 1 odds on the 4 and 10). If the point is 5 or 9, your lay $7 to $5. If the point is 6 or 8, you lay $6 to win $5.
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It is important that we understand the concept of True Odds. The fact is that casinos do not pay off winning bets at True Odds, but rather at reduced odds. This is what provides the House with its healthy edge over the player, a situation most acutely visible in the ONE ROLL bets. For example: earlier we noted a 2 or 12 will be rolled on an average, once in every 36 rolls, true payoff would be 36 to 1. You will notice, however, that casinos only pay off on such bets at 29 to 1, (30 for 1). These variances provide the House with an overall 16.6% edge over the players on such bets. This disadvantage for the player is offset by players who are smart enough to take odds on their Pass Line and Come bets. Taking advantage of the full odds reduces the House edge over the player to about 0.85% on such bets, as opposed to about 1.4% on bets without odds.