[Terry]

There are two sets of odds commonly used on Craps tables.

Downtown odds: 11 (and any two different number combination) pays 16 for 1. 2 and 12 (and any other “hard way” one roll bet pays 31 for 1.

Strip odds: 11 (and others) pays 15 for1. 2 and 12 pay 30 for 1.

“Any Craps) pays 8 for 1 everywhere. There are some Strip casinos using downtown odds and downtown joints using strip odds; the names are historical.

Odds are always written on the layout in X for 1 form simply because it makes it sound like more. 15 for 1 sounds like more than 14 to 1.

The procedure for the stickman is to total all your winning bets, subtract all your losing bets, and pay you the difference, leaving all your bets “up to win again.”

Sooo ... you bet $2 on C&E ... roll is 3 ... you win $8 ... stickman subtracts your $2 bet(s), leaves you up to win again, and pays you $6 or 3 to 1.

You bet $2 on C&E ... roll is 11 ... you win $16 (downtown) or $15 (Strip) ... stickman subtracts your $2 bet(s), leaves you up to win again, and pays you $14 (7 to 1) or $13 (6.5 to 1).

The 3 to 1 figure isn’t actually the payoff for a C&E bet when Craps rolls, it is, more properly, a “key” the dealer uses to determine the amount to pay the player. It is easier than trying to figure out what a $127 C&E pays. There are similar keys for more complex prop bets like the Horn bet and World bet. The way to think of it is: there is no such thing as a C&E bet – it is an Any Craps bet AND an Eleven bet.