A Guide to The Rules of Craps

Shooter: The player who rolls the dice.
Pass line: is the area of the craps table where you can place your pass line bet.
Come bets: is the same as the pass line with the exception that you must bet after the point.
Don't come: the reverse of the come bet with the exception that a first roll of 2 or 3 wins, and 12 is a standoff.
Odds: only when you have a point or a come-out point, may you take the "odds" and win if the point or the come point is made before a 7.

Payoff: Two to one for 10's or 4's, three to two for 5's or 9's, six to five for 8's or 6's.
 When betting "don't pass" or "don't come" you lay the odds as outlined. The "odds" are placed behind your bet on the "pass line".
 On "don't pass" bets, your "odds" bet is placed to the side of your bet and offset the chips towards the dealer.

Place bets: Once a shooter makes a "point", you may take a "place bet" on numbers 4, 5, 6, 8, 9, or 10. If your number comes up before 7, you win.

Payoff: Nine to five on 4's or 1 0's, seven to five on 5's or 9's, seven to six on 8's or 6's.

Field: You are betting that 2, 3, 4, 9, 10, 11 or 12 are rolled before the 5, 6, 7 or 8. The 2 and 12 pay double. This is also a one roll bet. You will lose if the dice is a number that is not in the field (5, 6, 7 or 8).

Big or 8: You may bet one or both and win even money on the number when thrown before 7.

Proposition bets: includes all bets made in the centre of the table, in front of the "stick man".  The "stick man" will ask that these bets are made before every roll of the dice.

Payoff: the 2 and 12 pay thirty for one, 3 and 11 pay fifteen for one. These are one-roll bets i.e. the bet loses if the dice do not show a 2, 3, 11, or 12.

You may also bet what is called a "horn" bet or a "horn high bet" bet is a combination of all four numbers, 2, 3, 11, or 12. A "horn high bet" has an extra amount on one of the four numbers, e.g. a $5 horn high twelve means that a dollar each is upon three of the numbers with $2 on the twelve.
Proposition bets also include "hard way bets", "any craps" and bets on the 11.

Hard way bets: if the number comes up exactly as on the table, you win; if the number comes up any other way, or if  a seven is rolled, you lose; e.g. if you have $1 on the hard 4, the dice must roll 2 two's to win. If the dice roll is 1 and 3, the bet loses. "Hard way" bets remain in play on the table until the number rolls, or if a seven rolls.

Any craps: you may bet this on any roll; if a 2, 3 or 12 rolls, you win and you are paid seven times the amount of your bet; if any other number is rolled, you lose.

Pass line bet is the most basic bet and is made when you place your bet on the pass line before a new shooter begins his roll or after a shooter makes his point. Your pass line bet must meet the table minimum.

Betting with the shooter: The shooter rolls the dice and if it is 7 or 11, both you and the shooter win; the shooter keeps the dice and rolls again. If the shooter hits 2, 3, or 12, the bet is lost but the shooter may continue to roll the dice until he either makes his point and you both win, or he rolls a 7 and the bet is lost.

Betting against the shooter: You may bet against the shooter by placing your bet on the "Don't Pass"  line. The rules are then reversed, with the exception that if the shooter's first roll is 12, it is a standoff, you neither win nor lose.

After the roll has begun and the shooter has a point, you can make a bet by placing it on the "come" line. The same rules apply to you as if the shooter was making a first roll, i.e. if the the next roll is 7 you win but if it is a 2, 3, or 12, you lose and if it is any other number, that becomes your "come point" and, for you to win, it must be rolled again before a 7. Note that if 7 comes first, the bet is lost.