Being bundled together does not affect the odds or the payout of these numbers. The payout and odds on the three way craps, that is the three bets in one, would be exactly the same if the bets were able to be placed separately by the bettor. Each die could land on both the two and one, making it twice as easy to throw a three. However, the three can be thrown by two and one, or by one and two. When using two dice, a two can only be thrown by throwing two ones, and a twelve can only be thrown by throwing two sixes. The reason the payout is smaller for the three is because there is twice as much chance of this number being thrown. The payout for the three being thrown is 15:1, with the other two numbers - two and twelve - losing. If the number three wins, the payout is half of what the two and twelve receive. The player is also paid 30:1 if the twelve wins, and again losses on the numbers two and three. The player will lose whatever portion of the original bet was allocated for the two losing numbers. However, the numbers three and twelve, which are also a part of the bet, are losing numbers. If a number two is thrown, the player is paid 30:1 for winning this bet. However, this also translates into the fact that a win on a three way craps bet will be much higher than on a bet with better odds. The casino has a fairly large house edge. The odds on these numbers winning in a one throw bet are not very high. If the player chooses to bet more than the minimum, the bets needs to be in multiples of three, such as $9, $27 and $30, and so on.

Even though the three way craps bet is three bets in one, it still needs at least one unit to cover each of the numbers. If the table minimum bet is $1, then at least $3 needs to be placed when betting the three way craps bet.

As mentioned above, this bet will win when the numbers 2, 3 or 12 are thrown, and will lose if any other number is thrown. However, the odds and payout are not the same. The three way craps bet is similar to the any craps bet in that it is a one roll bet. The 3 pays 15:1 odds, and the 2 and 12 both pay 30:1 odds. The three way craps bet is really three single bets which are bundled together. Three way craps is three bets in one, allowing three numbers to be bet on at the same time.

Craps bet payout