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Games that use dice and the dice themselves date all the way back to the Crusades, but current craps is approximately a century old. Current craps formed from the 12th Century English game referred to as Hazard. No one knows for sure the ancestry of the game, however Hazard is believed to have been discovered by the Anglo, Sir William of Tyre, in the twelfth century. It's theorized that Sir William's knights enjoyed Hazard amid a siege on the castle Hazarth in 1125 AD. The title Hazard was derived from the fortress's name.

Early French colonists brought the game Hazard to Nova Scotia. In the 18th century, when driven away by the British, the French moved down south and settled in the south of Louisiana where they a while later became Cajuns. When they fled Acadia, they took their favored game, Hazard, with them. The Cajuns simplified the game and made it mathematically fair. It is said that the Cajuns changed the name to craps, which was acquired from the term for the bad luck throw of snake-eyes in the game of Hazard, known as "crabs."

From Louisiana, the game migrated to the Mississippi barges and across the country. A good many consider the dice builder John H. Winn as the creator of current craps. In 1907, Winn assembled the modern craps layout. He created the Do not Pass line so gamblers can bet on the dice to lose. At another time, he established the spots for Place wagers and added the Big 6, Big 8, and Hardways.