C and E Bet
The C&E bet is actually a combination of the any craps bet and the yo bet. Basically when you bet on C and E, you are wagering that the shooter will roll any craps numbers (2, 3, or 12) and 11. If you hit any one of these numbers, you win the bet. I heard that many people don't really understand this bet because it is actually hard to find on the table, which I will explain below.
The C and E bet has overall odds of 5:1. The payout odds are actually different for each part of the bet. It normally pays out 3:1 if the crap numbers come up and it pays 7:1 if 11 is rolled. Both of these payouts are different than if you made these bets individually. In the end, the total overall house edge is 11.11%, which is kind of a letdown for such an arcane-looking and complicated wager. Another important thing to remember is one part of the combined bet is always going to lose, if either the craps or yo bet, if not both parts.
I displayed a screenshot of the bet below. The first thing you should look for is the proposition betting box, which is placed in the center of the craps table layout (or the left side of the image below). Surrounding this area is eight C and E spots on each side of the proposition box. It is just two small circles with a C and E in each one. There are a bunch of these here, unlike a single clear spot where you can put your chips. I wagered $88 on C and E, which means a total bet of $176 since $88 gets placed on Yo and Any Craps at the same time. If this sounds confusing, click on the image to open the Flash game and make a wager on C and E to understand the bet better.
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(Opens in separate window in full screen.)