The odds bet itself pays out true odds, meaning there is a 0% (yes zero) house edge. The rule of thumb is this: The more money you bet on the odds bet, the lower the house edge becomes in your overall pass/come bet that you originally made. Casinos in Las Vegas for example will allow players to wager 10x, 50x and even 100x odds bets. Most casinos allow multiples of 1x, 2x, or 3x. Players may wager on the free odds bet in multiples of their original pass/come bet amount.
Once the point has been established, players can have access to the pass odds bet or come odds bet (also just known as free odds). If the shooter has not rolled a craps number (2, 3, or 12) or a 7 or 11, then there must be a point number established (4, 5, 6, 8, 9, or 10).
In order to play the free odds bet, you must have wagered on the pass line bet or the come bet. This is the most powerful bet in all of craps. Payout Odds Table For All Craps Bets Dice Probability Odds and Combinations
