Craps in practical terms
Craps looks chaotic but the core is simple. The pass line bet carries a 1.41% house edge; don't pass is 1.36%. Behind either, the free odds bet is paid at true odds with a zero house edge, so backing a pass line with maximum odds drags the combined edge well under 1% — the best value on any casino floor.
The proposition bets in the middle of the layout are the opposite: any seven pays 4 to 1 against a true 5 to 1, giving a 16.67% edge. Hardways run 9-11%. Stick to line bets plus odds, place bets on 6 and 8 at 1.52%, and ignore the middle of the table entirely.