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Craps buy place lay

The Buy bet is the same as the Place bet except that it pays true odds & your chips go in Online Craps versus The Buy Bet: Sometimes Good, Sometimes Not so. Sep 19,  · Buying the 4/10 is cheaper than placing it. 5/9 is cheaper to buy than place when commission is taken on a win only. Always place a 6/8, never buy it. Wilson explains the buy bet in the game of craps. The buy bet is similar to the place bet; How to Lay Odds - It's confusing at first but becomes easy once you.

Craps: Place vs Buy Bets - Las Vegas Forum

Once the point is established: If a 7 or 11 is rolled, it loses. This pays for-1, for a house edge of 7. The only way to change hands when throwing dice, if permitted at all, is to set the dice on the table, let go, then take them with the other hand. If one or both dice leave the table during a roll, and the shooter does not want a new die or dice substituted into the game, the shooter should immediately and clearly call "Same Dice!

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The buy bet is similar to the place bet; the difference between the two bets is that the buy bets pay off at true odds. True odds are the ratio of the number of times a number will appear vs. Basically all casinos payoff at less than true odds because they need to make a profit in order to stay afloat.

Think of the house edge as an entertainment tax or fee for allowing you to gamble. However, for a tiny 5 percent commission which is mandatory if you decide to make a buy bet, the casino payoff will be at true odds. How much should I bet if I want to buy a number? What are the best numbers to buy? A player is more than welcome to buy the other four point numbers but given the 5 percent commission, and the fact that these numbers bet as place bets offers a lower casino edge there is no reason to buy the numbers 5, 6, 8, or 9.

This way a player will have the lowest casino advantage per number and perhaps capitalize on a good run of numbers. Also, like place bets, buy bets are off on the come-out roll unless the player tells the dealer to have them on or working. In addition, the buy bet may also be reduced, increased, or taken down at any time before the next roll of the dice. Win at Craps - We give tips and advice how to keep the house advantage from killing your bankroll.

How to Lay Odds - It's confusing at first but becomes easy once you learn! Frequently Asked Questions - Answers to questions like "what does same dice mean" and more! Home About Us Privacy Contact. While some forms of online gambling can be considered skill games in which the house advantage doesn't exist, there is always risk involved when placing bets of any kind, especially the tumbling dice which no matter what you roll, there's a negative odds expectation.

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What is the difference between a Place bet and a Buy bet? Yes, I've read that they pay out different odds and that the buy bet comes with a "vig" charge. But surely one bet must be better than another since they are both betting on the same event happening - one must earn me more on my money, no? The 4 and 10 pay , true odds , yielding a house edge of 6. The 5 and 9 pay , true odds are 7. The 6 and 8 pay , true odds are house edge 1. Only the 4 and 10 make buy bets worthwhile.

They reduce the house edge to 4. I'm just interpreting here, but I think he's saying it only makes sense to buy the 4 and Place bets make more sense on all other numbers. I'm sure someone will correct me if I'm wrong. Some places only charge the vig if you win, others when you make the bet. Obviously the former is preferable. At most casinos, as a courtesy, they will automatically buy your 4 and 10 for you.

Most casinos will charge you the vig only on a winning bet. I think you got the picture. Never buy the 5,6,8,9. Always buy the 4 and I believe this is correct no matter how the vig is charged, but from what VegasMan said no one in Vegas charges losing bets. All of your saved places can be found here in My Trips. Log in to get trip updates and message other travelers. Place vs Buy Bets.

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Odds of hitting point in craps

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Make sure to read all information on this page, before You play craps for money. We can predict the odds of any particular number coming up on a roll and why the craps rules are made how you will see. You can figure this out by taking the number of ways a four can be made with two dice with a one and a three, a pair of twos, or a three and a 1 compared to the number of combinations that two dice can make, which is So we have a 3 in 36 chance, or 1 in 12 chance that a 4 will come up on any given roll.

Craps rules, like so many other casino game rules, pay back odds which guarantee the house a profit in the long run. The odds against hitting a seven on the next roll are 5 to 1 you can calculate that out the same way we did for 4 , which means that if you bet one dollar and win, you deserve to win 5 bucks, but the casinos only pay you 4.

Big six and eight craps

Most bets in most games at the casino have been altered in this way. In fact, this is exactly the phenomenon that gives the casino a house edge in many situations.

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For instance, odds can be related either as or 2 to 1, where a 1 credit bet returns 2 credits. In other words, 2 to 1 odds returns the original 1 credit bet and a 1 credit profit.

This is the most basic and popular of bets when playing Craps. If the point is rolled first, you win even money. If the 7 is rolled first you lose your bet. This improves your odds of winning by removing the house edge and increasing your expected value.

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