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If the point is 5 or 9 you can put 4 times your passline bet and if the point is 6 or 8, you may put 5 times your passline bet. The odds bet is the best bet you can get anywhere as there is zero house edge, you get paid true odds. It is always best to take full odds as that lowers the house edge.
The odds bet "backs" your pass line (or don't pass) or come (or don't come) bet after the point is established. It is the only bet in the casino that has no house advantage. Place it directly behind your chips on the pass line. If the point hits you win even money on your pass line bet.
If you are not going to want those bets afterwards, you can take them down. You can take down any odds bets or place bets any time you want. Up to you if it is a good idea or not. Since the odds bet really has no house advantage, then logic would say it should be left up, but if you just have a gut feel, then you sure can take it down.
15 years ago. My understanding is you are going to have to play $25 for at least 4 hours a day for any significant comps on the table games. I have no idea on slots as I have never played them. On the craps table, your "odds" bets are not counted towards comps as they have no house advantage.
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For all the questions asked about games and house advantage this does a good job of explaining how it works. New players should read and even expierenced players need a refresher once in awhile.
The house takes 5% commission so it will always make a profit. But it is the Bank which has the "house edge". And players are allowed to take the Bank and give themselves this edge. The reason for this advantage is that the Bank wins ties, and this occurs frequently. Fortunately, most players don't take the Bank, so the House gladly takes over ...
Answer 11 of 27: I am going to be playing Don't Pass w/ max odds when I go to Vegas next week. I am very aware that this might upset some people at the table. I also understand that I should not jump up and down or make it obvious that I am winning (if that is...