In the United Kingdom, odds bets in craps work in the same way as they do in other countries. An odds bet is a bet that can be placed in addition to a pass line bet or a come bet, and it is a bet on the shooter (the player rolling the dice) to roll the point number again before rolling a 7. Odds bets are paid at true odds, which means that the payout is based on the actual probability of the bet winning.

For example, if the point number is 4 or 10, the true odds of rolling the point again before rolling a 7 are 2:1, because there are two ways to roll a 4 or 10 (rolling a 4 or 10) and six ways to roll a 7 (rolling a 1 and 6, 2 and 5, 3 and 4, 4 and 3, 5 and 2, or 6 and 1). This means that if you place a £5 odds bet on a point of 4 or 10 and the shooter rolls the point again before rolling a 7, you would be paid £10 (your original £5 bet plus £5 in winnings).

If the point number is 5 or 9, the true odds of rolling the point again before rolling a 7 are 3:2, because there are three ways to roll a 5 or 9 (rolling a 5 or 9, or rolling a combination of 4 and 1 or 6 and 3) and four ways to roll a 7 (rolling a 1 and 6, 2 and 5, 3 and 4, or 4 and 3). This means that if you place a £5 odds bet on a point of 5 or 9 and the shooter rolls the point again before rolling a 7, you would be paid £7.50 (your original £5 bet plus £2.50 in winnings).

If the point number is 6 or 8, the true odds of rolling the point again before rolling a 7 are 6:5, because there are six ways to roll a 6 or 8 (rolling a 6 or 8, or rolling a combination of 5 and 1, 4 and 2, 3 and 3, 2 and 4, or 1 and 5) and five ways to roll a 7 (rolling a 1 and 6, 2 and 5, 3 and 4, 4 and 3, or 5 and 2). This means that if you place a £5 odds bet on a point of 6 or 8 and the shooter rolls the point again before rolling a 7, you would be paid £6 (your original £5 bet plus £1 in winnings).

Odds bets are usually limited to a certain multiple of the pass line or come bet, depending on the specific craps game being played and the rules of the casino. For example, a casino may allow odds bets of up to 2x, 3x, or even 100x the original pass line or come bet.

It’s important to note that odds bets are paid out independently of the pass line or come bet, so if you make an odds bet and the pass line or come bet loses, your odds bet will still be paid out if it wins. This is why odds bets are considered one of the best bets in craps, because they have a low house edge and can be a good way to increase your winnings.

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