Placing Bets in Craps

The chances pass line bet is the best craps bet you can make, since it has the lowest edge of the room. Nevertheless, players can also wager at any point with a Place Bet on the numbers 4, 5, 6, 8, 9 or 10. These numbers are sometimes referred to as “point numbers” or “box numbers,” and the wagers go into the big boxes shown on the layout. Place bets are very valuable when a shooter rolls many numbers, as you’ll get paid each time the number repeats.

How to make bets at the place.

To make a place bet you put your chips on the layout in front of you and tell the dealer inside which numbers you want to cover. The dealer then moves your chips to the numbered box on which you wish to wager. Place bets are not Bets for self-service.

By placing them strategically inside the box, the dealer keeps track of which bet belongs to which team.

To Win Your Bet.

It must roll after you put a number before a seven appears to win. When a sevens-out shooter, you lose all bets on location. The dealer will move you your winnings when you win a place bet but the original bet remains where it is and if the number continues to roll, keeps winning.

Your original bet will stay on the number of positions until the shooter sevens out, or until you ask the dealer to take down your bet. You can have your place bets down whenever you want. If the shooter makes its point the place bet for the come-out roll is turned-off. Want it to work on the come out (win or lose)? Before the shooter releases the dice you must tell the dealer!

The Pay Out.

The true odds of rolling the numbers six and eight are 6 to 5, but a winning place bet on these numbers pays $7 to $6, so you need to make multiple of six dollars in your place bets on those numbers. The edge of the house on the 6 and 8 is just 1.52 per cent, making it a very good bet.

The true odds of rolling a five or nine are 3 to 2 but a winning place bet on those numbers pays $7 to, $so you need to make multiple of five dollars to place your bets. The house edge of the 5 and 9 is 4 percent.

The true odds of rolling the for or ten are 2 to 1 but a place-winning bet on those numbers pays $9 to $5. These numbers require bets in 5 dollar multiples. The 4 and 10 house edge is 6.67 percent.

Place Bets

Number Payoff True Odds House Edge
4 9-5 2-1 6.67%
5 7-5 3-2 4.0%
6 7-6 6-5 1.52%
8 7-6 6-5 1.52%
9 7-5 3-2 4.0%
10 9-5 2-1 6.67%

Buying Bets.

A Buy Bet is very similar to a place bet but with slightly better odds in the 4 and 10 for the player. You pay the house a 5 per cent fee while betting on a number with a buy bet. Since the land-based and online casino’s minimum chip value is a dollar you’ll pay at least as much. Buying a number for under $20 isn’t worth it.

If you bet more than $10, then it’s better to buy the 4 and 10 than to place them. This is because they pay you 2 to 1 instead of 9 to 5. Many casinos bill you for buying bets only when you win. If this is their strategy, ask the dealer at the table. If you have a choice of casinos to play in, always pick the one that pays only a fee on winning bets to buy.

It’s not worth buying the 6s and 8s. Because of the contract you should potentially have a higher edge in the building.