The formula for the house edge in buy and lay bets is the commission divided by the bet plus commission. In this case, the best bet is to bet $39 for the $1 commission. On the buy bet the house edge would be 1/40 = 2.5%. Assuming you can lay $78 to win $39 on the 4 and 10, and still only pay $1, the house edge would be 1/79=1.27%. That means there are six different buy bets: The Buy 4, Buy 5, Buy 6, Buy 8, Buy 9, and Buy 10 wagers. As an example, to win a Buy 8 bet, the shooter needs to roll an 8 before they roll a 7. Different buy bets have disparate payoffs. The Buy 6 and Buy 8 bets pay out 23 to 21, while they have a house edge of 4.76%. In other words, 2 to 1 odds returns the original 1 credit bet and a 1 credit profit. The Best Craps Bets. The best bets in craps are the pass line bet, taking the odds, the don't pass bar, the come bet, and placing the 6 or the 8. Let's look at each: Pass Line. This is the most basic and popular of bets when playing Craps.
Solid citizens betting $20 or more on fours or 10s at craps 'Buy' rather than 'Place' the numbers. The benefit is that edge is less Buying than Placing, so earnings per dollar up for grabs are more. The reason is not that odds against winning change. They're 2-to-1 either way. ANSWER: Essentially, a Buy bet resembles a Place bet except that you pay a 5% commission on the amount of your wager. When you win, you are paid at the true odds, minus, of course, the 5%.
Smart craps players never make place bets on the 4 and 10, and rarely place the 5 and 9. They make buy bets instead. Why? A buy bet gives you more bang for your buck. Here's how.
When you place a bet, your winnings are not paid true odds. If you place the four or ten you are paid 9 to 5 odds instead of 2 to 1. On the five or nine, you get 7 to 5 instead of 3 to 2. However, if you 'buy' the number instead of placing it you are paid true odds in exchange for a 5% commission or 'vig'.
Here's an example of how it works to your advantage. If you place bet $50 on the four or ten and it rolls, you win $90 at 9 to5 odds. But if you Buy the four or ten for $50, you win $100 at 2 to 1 odds, less the $2 commission. After netting out the 'vig' you win eight dollars more by buying the number instead of placing it.
I know, you are doing the math and thinking 5% of $50 is a $2.50, not $2.00. However, virtually every casino allows green chip bettors to buy the four and ten for $25 and pay only $1 commission. In fact, some casinos will allow you to buy a number for as much as $39 and pay only $1 commission, and that is a great value. It pays to ask the box person what the maximum buy is for a dollar.
Craps Buy Bet Vigo
Sometimes the 'rules' get a little strange on the five and nine. Very few players buy these numbers, which means the dealers may occasionally argue with your request to buy them. And since the true odds are paid at 3 to 2, your buy increments will vary somewhat from the four and ten. Additionally, buy bets on the five and nine only become a value when your wager is in excess of $40.
Here's an example. A $24 Buy bet on the five or nine costs the player $25 including the vig. It pays $35 after the vig is netted out. That same $25, if place bet, would also win $35. There's no difference in payout. But a $40 Buy bet will pay $58 after the $2 Vig is netted out. A $40 place bet pays $56.
One last tip – some casinos only collect the vig if the bet wins. This 'first buy free' policy is not the 'norm,' but take advantage of it when you find it. It puts Buy betting on a par with placing the six and eight.
Speaking of the six and eight – you don't want to Buy them. They're already among the best bets on the table.
Next time you consider placing the outside numbers, consider Buying them instead. If you don't know how much to bet, just ask the dealer, and he'll be glad to help. Play it right and you'll win more, and every single dollar counts. Especially if it ends up in your pocket and not the drop box.
Related Articles
Is there a casino near fort wayne indiana. Buy Bets allow a gambler to be paid true odds. To receive those odds, the gambler pays a 5% commission on winning bets. Buy Bets are made on one of the 'point' numbers: 4,5,6,8,9, and 10.
That means there are six different buy bets: The Buy 4, Buy 5, Buy 6, Buy 8, Buy 9, and Buy 10 wagers. As an example, to win a Buy 8 bet, the shooter needs to roll an 8 before they roll a 7. Free live online poker no downloads.
Craps Lay Bet Vig
Different buy bets have disparate payoffs. The Buy 6 and Buy 8 bets pay out 23 to 21, while they have a house edge of 4.76%. The Buy 5 and Buy 8 bets pay out 29 to 21, while they have a house edge of 4.76%. The Buy 4 and Buy 10 bets pay 39 to 21 and have a house edge of 4.76%.
Craps Buy Bet Vigo
Sometimes the 'rules' get a little strange on the five and nine. Very few players buy these numbers, which means the dealers may occasionally argue with your request to buy them. And since the true odds are paid at 3 to 2, your buy increments will vary somewhat from the four and ten. Additionally, buy bets on the five and nine only become a value when your wager is in excess of $40.
Here's an example. A $24 Buy bet on the five or nine costs the player $25 including the vig. It pays $35 after the vig is netted out. That same $25, if place bet, would also win $35. There's no difference in payout. But a $40 Buy bet will pay $58 after the $2 Vig is netted out. A $40 place bet pays $56.
One last tip – some casinos only collect the vig if the bet wins. This 'first buy free' policy is not the 'norm,' but take advantage of it when you find it. It puts Buy betting on a par with placing the six and eight.
Speaking of the six and eight – you don't want to Buy them. They're already among the best bets on the table.
Next time you consider placing the outside numbers, consider Buying them instead. If you don't know how much to bet, just ask the dealer, and he'll be glad to help. Play it right and you'll win more, and every single dollar counts. Especially if it ends up in your pocket and not the drop box.
Related Articles
Is there a casino near fort wayne indiana. Buy Bets allow a gambler to be paid true odds. To receive those odds, the gambler pays a 5% commission on winning bets. Buy Bets are made on one of the 'point' numbers: 4,5,6,8,9, and 10.
That means there are six different buy bets: The Buy 4, Buy 5, Buy 6, Buy 8, Buy 9, and Buy 10 wagers. As an example, to win a Buy 8 bet, the shooter needs to roll an 8 before they roll a 7. Free live online poker no downloads.
Craps Lay Bet Vig
Different buy bets have disparate payoffs. The Buy 6 and Buy 8 bets pay out 23 to 21, while they have a house edge of 4.76%. The Buy 5 and Buy 8 bets pay out 29 to 21, while they have a house edge of 4.76%. The Buy 4 and Buy 10 bets pay 39 to 21 and have a house edge of 4.76%.
Players might wonder why the house edge on these wagers is 4.76%, if we said earlier that these wagers pay true odds. That has to do with the 5% commission paid on these bets, which produces a house edge for the casino.
