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Games that use dice and the dice themselves date back to the Middle Eastern Crusades, but current craps is approximately 100 years old. Current craps evolved from the ancient Anglo game called Hazard. No one absolutely knows the ancestry of the game, however Hazard is believed to have been invented by the Englishman, Sir William of Tyre, sometime in the 12th century. It is believed that Sir William's soldiers gambled on Hazard during a siege on the castle Hazarth in 1125 AD. The name Hazard was acquired from the citadel's name.

Early French colonists imported the game Hazard to Nova Scotia. In the 18th century, when displaced by the British, the French moved south and found sanctuary in the south of Louisiana where they at a later time became Cajuns. When they were driven out of Acadia, they brought their favorite game, Hazard, along. The Cajuns broke down the game and made it more mathematically fair. It's believed that the Cajuns changed the name to craps, which was gotten from the name of the non-winning throw of two in the game of Hazard, known as "crabs."

From Louisiana, the game extended to the Mississippi riverboats and throughout the country. A great many acknowledge the dice maker John H. Winn as the founder of current craps. In the early 1900s, Winn built the modern craps setup. He created the Don't Pass line so gamblers could wager on the dice to not win. Later, he developed the boxes for Place wagers and added the Big 6, Big 8, and Hardways.