In Craps, winning or losing depends on a variety of different possible outcomes on any roll of the two dice. The two dice can produce many different number combinations; some can be made several ways, others only one way. For example, two dice can roll the number 6 as follows: 5/1, 4/2, 3/3, 2/4 and 1/5. But the number 2 can only be rolled one way: 1/1.

The game of craps is the most popular dice game in the United States at the moment there are a few different theories about its origin. Dice games can be traced back to the roman times with shaved pigs knuckles being used as the dice. Craps however was based on the game hazard, which was popular in the 17th and 18th century in England. The name craps is believed to have derived from the English crabs which was the name for the throw of aces or ace-deuce. The game moved over to the United States when the French moved to New Orleans and the French pronounced the game craps and in there version of the game the player throws against the house and not another player like the English version of the game. The game was very popular on the Mississippi river boats and it was a simplified version of modern day craps that was spread about the United States. There are two modern day versions of craps played today. Street craps has more in common with the riverboat game than Bank craps and it is so named as it can be played on the street. A shooter establishes a point, then tries to make that point. Bettors either bet with the shooter or against the shooter. Someone must cover the bet for the shooter in order for the game to progress. Bank craps is the form played in the casinos and has a more complicated form of betting with the house covering the bets.

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The correct payoff for odds bets varies from point number to point number, depending on the odds of a 7 being rolled before a particular point is repeated. The payoff formula is the same whether you take single odds, double odds, or more. Correct odds payoffs are as follows: Points 4 and 10 pay 2-to-1 Points 5 and 9 pay 3-to-2 Points 6 and 8 pay 6-to-5 As an example, suppose you bet $1.00 on the pass line and establish a point of 4 in a casino that offers double odds. You now have the option of taking the adds for an additional $2.00. (You can wager a lesser amount or choose not to take any odds at all)

Soldiers in the Roman Legions used to shave down pig knuckles into the shapes of cubes, and toss them onto their inverted shields as a form of entertainment while in camp. Hence we get the term "to roll the bones". We do know that the game we know today as "craps" came to the United States from Europe.