The only bets on
the table that pay true odds are the "free odds" bets related to Pass/Don't Pass
and Come/Don't Come bets. Why is it important to know about odds payoffs? This
may be unbelievable, but table crews have been known to make incorrect payoffs! So,
when you have odds on your bets, you need to know
in advance what you
should be paid. The following will help.
When I first
started playing, I tried to memorize what the payoffs on all the odds bets were. For
some of you whose brain synapses fire a little faster than mine, that method will work
just fine, but I just couldn't memorize them all. For those of you who like
shortcuts, look at the following: (by the way, a dealer
taught me this)
Point 
True
Odds 
Calculation 
6/8 
6:5 
Odds
amount plus 20% 
5/9 
3:2 
Odds
amount plus 50% 
4/10 
2:1 
Odds
amount times 2 
I know, I
know...I'm making you do math of all things! Trust me, it will serve you well in the
long run, especially as your session stakes, and wagers grow. I trust that you
already know by rote memory the first few payoffs of all the point numbers, but if you
remember these simple formulas, you can calculate your payoffs for ANY odds amount.
Point
6/8 
Point
5/9 
Point
4/10 
Free
Odds Amount 
Payoff
on Odds Amount 
Free
Odds Amount 
Payoff
on Odds Amount 
Free
Odds Amount 
Payoff
on Odds Amount 
$5 
$6 


$5 
$10
(5 x 2) 
$10 
$12 
$10 
$15
(10 x
50% + $10) 
$10 
$20
(10 x
2) 
$15 
$18 


$15 
$30
(15 x
2) 
$20 
$24 
$20 
$30
(20 x
50% + $20) 
$20 
$40
(20 x
2) 
$25 
$30
(25 x
20% + $25) 


$25 
$50
(25 x
2) 
$30 
$36
(30 x
20% + $30) 
$30 
$45
(30 x
50% + $30) 
$30 
$60
(30 x
2) 
$35 
$42
(35 x
20% + $35) 


$35 
$70
(35 x
2) 
$40 
$48
(40 x
20% + $40) 
$40 
$60
(40 x
50% + $40) 
$40 
$80
(40 x
2) 
$45 
$54
(45 x
20% + $45) 


$45 
$90
(45 x
2) 
You'll notice that the for 5/9 I used
only increments of ten dollar odds amounts. The reason for this of course is
generally, on a $5 table, you can not put $5 in odds behind it as it will come out to a
$7.50 payoff. Instead, you must of course put $6 in odds behind your $5 pass line
bet. For the 5/9, this sometimes works to your benefit. For instance, even in
a house that only has say 2 X odds, frequently the dealers will let you put $12 or even
$14 dollars in odds behind a $5 pass line bet on the 5/9. For the 5 and 9, you must
place odds for the most part, in amounts that can be divided in half that come out in
whole dollars. (there are some houses that will pay half dollars)
So what's the point of all this? Knowing
the formulas allows you to calculate any payoff. Off the top of your head, can you
tell me what the TOTAL payoff is for a $5 pass line bet on a point of 6 with $75 in odds?
Well, maybe you've memorized it. I'm saving my brain cells for other things.
Using the formula: 75 x 20% = 15 + 75 = $90 + $5 flat portion of the bet. So
the answer is $95. This method also makes it easier to calculate large odds amounts.
Again, what is the total payoff for a $5 pass line bet on a point of 9 with $130 in
odds? In this case, you could use the formula alone, (130 x 50% = $65 + 130 =
$195 + $5 flat portion for a total $200) or you could break the odds amount up into
smaller numbers and calculate the amount. (100 in odds = $150 payoff plus $30 in odds =
$45 payoff plus the flat portion for a total of $200)
Like I said, it's up to you, but it's easier
for me to remember three formulas instead of an entire chart of numbers. If you're
choosing to memorize, you not only have to memorize one chart, but several! These
formulas work whether it's a $5 table or a $3 table or a $25 table.
Finally, on a side note. Heavy reminded
me that many strip casinos now offer 3x odds on the 4/10, 4x odds on the 5/9 and 5x odds
on the 6/8. The probable reason for this is simplicity. Pass line bets with
full (maximum) odds all pay a total of $35. ($30 payoff on the odds amount plus the $5
flat wager). This makes payoffs easy for players and dealers alike.