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What does lay and buy mean in craps

Lay bets in craps are the opposite of place bets for the “right” bettors who bet with the shooter. Before the explanation, one aside: Don’t let the “Dark Side Craps” and “Wrong Craps” nicknames get to you. Everything about the Buy bet is the same as the Place bet except that it pays true odds (and you have to pay a price to get those true odds) and your chips go in a different position on the table layout. The key aspect of the Buy bet is that it pays true odds so let’s focus on that. Jul 09,  · 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. It's the payout structures that differ.

Even More Craps Bets: Place, Lay, Buy

An additional vig is charged every time the dice deliver a decision. Opens in separate window in full screen. The lay and buy bet is almost like a shortcut to the free odds bet, but you have to pay a price rather than just doing it straight from the pass line bet , where you can get around the commissions and also get much better overall odds anyways. Players will win if the shooter rolls the point number before the seven. The Smarter Bet Guide to Craps separates the best from the rest, and makes craps easy to learn. Some players squeeze a little extra value from their buy and lay bets when they wager an amount that cannot be conveniently charged in whole dollars equal to five percent. Also note that some casinos charge a vig only on winning wagers.

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  •   Croupier's clothes are given out by the casino. There are no pockets there, so you can not hide or steal chips.
  •  The longest game of poker in the casino is 90 hours. The record belongs to the Irishman Phil Laak. Phil not only set a record, but also won 7 thousand dollars.

Lay Bet and Buy Bet in Craps

This wonderful book teaches players how to avoid sucker bets and win more when playing gambling games. He is also the author of The Smarter Bet Guide series for video poker, slots, craps, and many other books about gambling. Basil's website is www. Knowledge will also eliminate temptation, so you should read the next few sections to avoid being lured by whiz-bang payoffs and bets that are oh-so tempting to make. What can be done? A place bet is simply a wager that a number will appear before 7.

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The table below shows the various place bets, the odds, and how they pay. A roll of 7 will appear frequently enough to wipe out the profits. When will that happen? It might take hours, days, years, or it could happen on the next roll. Remember, the house edge works. A place bet is handled in a similar way to odds. Also note that 6 and 8 should be wagered in multiples of six. Place bets are automatically off during a come-out.

And of course, you can take them down at any time. Sounds great! Did I mention the vig? Strictly speaking, vigorish is synonymous with any casino house edge , but the word is mostly used in situations that involve a betting fee. Buy bets have a vig of five percent on the wager. The vig is returned if the bet is taken down. An additional vig is charged every time the dice deliver a decision. As with place bets, buy bets are automatically off during a come-out, and you can take them down at any time.

Lay bets sometimes called no bets are the mirror opposite of buy bets. They pay true odds when the shooter rolls a seven before the number. That makes a lay bet essentially the same as laying odds, except a five-percent vig is charged on the amount to be won. As with buy bets, the vig is returned if the bet is taken down.

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This is one of the more complicated and interesting bets in craps. First I will start off talking about the buy bet. Basically, players can make a bet on the established point numbers at any time. Players will win if the shooter rolls the point number before the seven. The payouts would be excellent because it would be paid by true odds. That means 4 and 10 pays out odds, 5 and 9 pays out odds and 6 and 8 pay out odds. This is also the actual odds of winning the bet so the house edge is zero!

To sum it up, it pays out exactly same way as the pass odds bet for each number. The lay bet works almost the same way, except it is the opposite. This time you wager on the point number and that the shooter will roll a seven before the point. Although, because the seven gets thrown more often than any other number, your payouts are "less than even".

Also, the house edge for 4 and 10 is 2. This bet would be perfect if it wasn't for that commission. The lay and buy bet is almost like a shortcut to the free odds bet, but you have to pay a price rather than just doing it straight from the pass line bet , where you can get around the commissions and also get much better overall odds anyways.

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Unfortunately, I could not get a screenshot of where to place this bet on the table because this casino does not support the bet. But if you click on the image below, you can still play the free flash game of craps on this table anyways and practice the game, which is beneficial anyways for new players.

Craps Bets Menu. Click on the image above to instantly practice and play free craps in your browser. Opens in separate window in full screen. US players please click the banners on the left side or below for mobile users to visit free and real-money craps games at US-friendly casinos. View Desktop Version.

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Craps for fun online

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When you want to start playing for real money we suggest you to start playing here! Craps have become very popular among fans of online games in recent years, but the game itself has a long and interesting history.

Has crossed many cultures and countries, and has also gained a huge following of thousands of people around the game world. If you are interested in learning about playing free online craps then check out Casino Slam and know the rules and how to play craps online to understand the game before you start. Online Craps is a game that combines luck with smart betting strategies. Many people are curious about the dice, because it is a high speed game with lot of action and usually has a multitude of players where they meet around the casino table.

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Although the game may seem a little complicated to learn, once you know the rules just get into the action with everyone else. To understand how to play craps online you need to know the terms used to play the game. The initial release is where the action begins. It is the first in a new roll dice game made by the shooter and is also the first roll after the point is established.

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Out roll determines whether the shooter wins or loses the game continues. Although free online craps is a fairly complex game, with a lot of rules and a set of complex odds to bet on the basics of the game you can learn very easily and complexity should not scare the player. Put aside all the complex side bets and odds for a minute and try to understand the concept of free online craps. The game is based on the outcome of the roll of a dice set. The shot starts the game by throwing the dice in a craps table and based on the combined number of both dice a number of things can happen:.

Free Online Craps is a game of high-speed around the launch of a set of dice and the same concept, and intense action is available through free online craps. The use of software simulators, same great game has been created for online players virtually. Although there are many places to play online gambling for real money, there also how to play craps online games available through various types of software like Flash-based games and Java that do not require downloading software or making bets with real money to play.

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