Like to know how to play Craps?

The most basic bet in craps, and the bet placed most by craps players, is placed on the 'Pass Line' before the shooter rolls the dice. If the shooter rolls a 'a natural' (7 or 11) before the point is established, all of the pass line bettors win. If the shooter rolls a 'craps' (2, 3 or 12) all the pass line bettors lose. If he rolls a 'point' number (4, 5, 6, 8, 9, or 10) he must repeat that number again before the 7 rolls in order for the shooter and pass line bettors to win. If the 7 is rolled before the point, the bet is lost. 

In the above case, you have bet with the shooter. If you want to bet against him you place your bet on the 'Don't Pass' line and the rules are entirely reversed except that if, on his first roll, the shooter rolls 12, it is a stand off and 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 were making a first roll. If the next roll is 7 you win. If it is a 2, 3, or 12, you lose. If it is any other number, that becomes your 'come point' and, for you to win, it must be rolled again before a 7. If a 7 comes first, the bet is lost. 

If you are new to craps, start with a 'pass' line bet and then perhaps try a 'come' bet. The casino edge on a pass line is around 1% so it represents a pretty good bet. 

The bets:

• pass line
  1 to 1 pay-out, if the first roll of the dice adds up to 7 or 11, you win. 2, 3, or 12 loses the bet. Any other number becomes the 'point' and if the point is rolled again, you win, if 7 is rolled first you lose. 
  House edge: 1.4%
  

• don't pass
  1 to 1 payout, if the first roll of the dice adds up to 7 or 11, you lose. 2, 3, you win. 12 is a stand off. Any other number becomes the 'point' and if the point is rolled again, you lose, if 7 is rolled first you win.
  House edge: 1.4%
  

• come bets 
  1 to 1 pay-out, basically the same as the PASS LINE except that you must bet after the point. 
  House edge: 1.4%
  

• don’t come 
  1 to 1 pay-out, the reverse of the COME BET, except that a first roll of 2 or 3 wins, and 12 is a stand off. 
  House edge: 1.4%

some other bets...

• odds 
  'taking the odds'
  Once a ‘point’ or a ‘come point’ has been thrown and you have a pass line bet you may bet up to some multiple, usually 2 times, your pass line bet on the 'odds'.  You may take the odds and win if the point or the come point is made before a 7. Pay off is 2 to 1 for a point of 10's or 4's, 3 to 2 for a point of 9's or 5's, 6 to 5 for a point of 8's or 6's. 
  'laying the odds'
  This is the opposite of taking odds, in other words betting that a 7 will be rolled before the point, once the point or come point has been established. Pay off is 1 to 2 for a point of 10's or 4's, 2 to 3 for a point of 9's or 5's, 5 to 6 for a point of 8's or 6's.
  House edge on odds bets are very low - 0.5 to 1% depending on bet
  

• big 6 or 8 
  Here you are betting that either a 6 or 8 will be rolled before the 7, for a 1 to 1 pay-out.  This represents a high house edge bet and is not recommended.
  House edge: 9.1%
  

• place bets
  In craps 4,5,6,8,9, and 10 are known as the "place numbers."  In a place bet, you are betting that your place number is rolled before the 7.  No pass line or other bet on the point is required.  Place bets on 6 or 8 offer the lowest house edge and are recommended (note that odds bets are still a better bet though)
  House edge for 4 or 10: 6.7%
  House edge for 5 or 9:   4.0%
  House edge for 6 or 8:   1.5%
  

• proposition bets. 
  This is simply a bet on the outcome of the next roll. Proposition bets have a high house edge and are not a recommended play.  Odds are as follows:
  2 or 12 pays 30 to 1, House edge: 13.9%
  3 or 11 pays 15 to 1, House edge: 11.1%
  7 pays 4 to 1, House edge: 16.7%
  Any craps (2, 3 or 12) pays 7 to 1, House edge: 11.1%
  Field ( 2,3,4,9,10,11, or 12), even money for (3,4,9,10,11), 2 to 1 for (2 or 12) House edge: 5.5%

Good luck!