Buy Bet Craps

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  • Buy Bet Specifics. There is a special set of steps the player should follow when placing a Buy bet. Craps gaming is known for its fast pace of action and for many people it might even seem like there is a sort of chaotic energy around the craps table. However, this is not the case, as every trained craps player knows just what is taking place.
  • A lay bet can be regarded as the mirror image of the buy bet. It is one of the really exotic craps bets and you wouldn't want to bet on it until you are really quite experienced. As the term implies, a lay bet is like betting on a horse or athlete to lose in sports gambling ('laying').

Understanding the Craps odds and bets that you can place is vital to ensuring you don’t lose all your money or embarrass yourself in a live game.

For example, a player a Buy 9 bet risking $25 is going to win $35. A player making a Buy 9 bet is going to risk $24 is going to win $36, with the house taking a $1 rake. In this case, both wagers return $35 to the bettor, so it would appear that both the Buy 9 or Place 9 bets are the same. Each bettor can take down their bets at any time, following craps rules (ie. Base CB cannot be taken down) - Each bettor can work their bets on the Come Out roll. Pressing is a key component of the Place/Buy play. How do we create rules that keeps the potential total amount bet the same? Full Playlist: these Gambling Lessons!!! Check out the official app http://ap.

You might hear people shouting all types of lingo and vernacular terms such as “Horn Bets” or “Lay 10” which often confuse or put off even the biggest casino degenerates.

Thankfully, the rules of Craps are actually quite simple even if it takes time to learn the jargon. 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.

Craps

For example: the odds for you to roll a 4 on your next roll are 11 to 1.

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 36.

So we have a 3 in 36 chance, or 1 in 12 chance that a 4 will come up on any given roll. To express these odds as ‘against’, you would say the odds against rolling a four are 11 to 1 (think of it as 11 non 4’s to one 4 for a total of 12 rolls). The calculation we’ve just done determines the ‘true odds’ of rolling a 4.

As many of you may know, the casino doesn’t like to pay back its players with ‘true odds’, it prefers to alter them.

Craps rules, like so many other casino game rules, pay back odds which guarantee the house a profit in the long run. Say for instance you were to place a bet on ‘any sevens’, meaning you’re betting that the next roll will be a seven.

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.

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.

We’ve covered all the major types of bets and odds you receive here.

Understanding Craps Odds

For instance, odds can be related either as 2-1 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.

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. It has one of the lowest house edges (1.41%) and it is very simple to place. Betting on the pass line bet or betting “with the dice” is the most common bet in craps and you will see many players or shooters choosing it.

Craps Field Bet

A pass line bet requires you to place chips on the “Pass Line” section of the table. If the shooter’s come out roll is a 7 or 11, you win even money (1:1). However, if the come out roll is 2,3 or 12 (craps) you lose.

If any other number is rolled (4,5,6,8,9 or 10) it’s called the point. The shooter continues to throw the dice until he/she roles a 7 or the Point. If the point is rolled first, you win even money. If the 7 is rolled first you lose your bet.

Interestingly, in a game of Crapless Craps, the ability to lose a Pass Line bet to craps on a come out roll is removed – hence the name “crapless” craps. This improves your odds of winning by removing the house edge and increasing your expected value.

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Don’t Pass Line

You can also bet on the “Don’t Pass” line, which is basically when you are betting or laying the shooter on his first roll. This is simply the opposite of the pass line bet and is also known as betting against the dice.

To make this bet place your chips in the narrower section just beyond the pass line labelled don’t pass.

If the shooter rolls a 2 or 3 (Craps) than you win straight away (1:1 even money). If a 7 or 11 is rolled before the Point is scored you lose. A 12 is considered a Push (draw) and normally you can relinquish this bet.

If any other number is rolled (4,5,6,7,8,9 or 10) this is established on the point number. After this happens you’ll win your money back if a 7 is rolled before the Point number, and lose if a 7 comes first.

Taking the Odds

After the point has been established, you can make an additional bet known as Taking the Odds or Pass Odds. You are betting on the Point number being rolled before a 7. The pay out odds are normally displayed on the Casino craps table.

The odds vary for different numbers based on the likelihood of them being rolled.

Normally, the payouts are as follows:

  • 4 pays 2:1
  • 5 pays 3:2
  • 6 pays 8 pays 6:5
  • 9 pays 3:2
  • 10 pays 2:1

The odds bet is the best bet you can make in the game of craps, because the house has no built-in advantage. Free odds bets are paid back at true odds, so when you’re making these bets the casino has no house edge whatsoever, it’s an even game!

Come Bet

This is similar to a Pass Line bet, but it is made after the point has been established (dealer button is ON). The next roll then becomes the Come Out roll for your bet and establishes your Point. The payout depends on the Point:

  • 7 or 11 pays 1:1 (also known as a Natural)
  • 2, 3, or 12 you lose your money (also known as Craps)
  • If neither of the above is rolled then (4,5,6,8,9 or 10) becomes the point for your bet. If a 7 comes before your point is rolled again you lose. If your point is won however your payout depends on the Point.

Come Bet Payouts:

NumberPayout
42:1
53:2
66:5
86:5
93:2
102:1

Taking the Odds

This is similar to the Come Bet and has the same odds above (Come Odds). You can place this bet only after the point has been established. If the 7 is rolled before the point, you lose.

Laying the Odds

Opposite of Taking the Odds. This is a Don’t Pass Line bet which can be made only after the point has been established. If a 7 is rolled before the point, you win.

Laying the Odds Payout:

NumberPayout
41:2
52:3
65:6
85:6
92:3
101:2

Don’t Come Bet

Oppose of Come Bet. This is similar to a Don’t Pass Line bet, but it is made after the Come Out roll. To make this bet all you need to do is to put your chips in the area labeled “Don’t Come” on the layout. You lose on a 7 or 11, and win on a 2 or 3. 12 is a “stand-off.”

Here you win if 7 rolls before your “come-point” is repeated, and lose if the “come-point” is made before a 7 is rolled.

Place Bets

You can bet on specific point numbers. If your number is rolled before a 7, you win. If a 7 comes before your point number, you lose. You’re paid out according to the table below.

Place Bets Payout:

NumberPayout
49:5
57:5
67:6
87:6
97:5
109:5

Placing the 6 or 8

When you make a place bet you bet that one of the numbers 4, 5, 6, 8, 9 or 10 will be hit before a 7 is hit. You can make a place bet any time by throwing your chips on the table while telling the dealer ‘I want to place the 6’ or whatever number you want to place your bet for.

So, if the number you bet on is rolled before a 7 you win and you are paid as follows: 4 or 10 placed – 9:5 odds, 5 or 9 placed – 7:5 odds, 6 or 8 placed – 7:6 odds.

As you can see the best for you is to place a bet on 6 or 8, because these bets have the best odds and also they have a good chance of hitting.

If you get the feeling like you want to place the 4 or 10, you should buy them instead, because although there is a Vig (a fee for winning bets) on these numbers, the edge comes out in your favor, however slightly.

However, the pass line bet is still the best one with the best odds and in the long run you should stick with it.

Although you can technically place a place bet at any time, it is impossible for it to come into effect until the shooters point is set, therefore it is more acceptable to ask for this bet after the come out roll is over.

Craps table

Bets with Poor Craps Odds

Big 6/Big 8 Bet

This is a Bet on a Big 6 or Big 8, put down after the point has been established. If a 6 or 8 is rolled before a 7, you win (1:1). This is a bet that you should not play because you can Place a bet on 6 or 8 and receive better odds.

Field Bets

Kind of what the name suggests, field bets are open to everyone who bets on the next number rolled. To place one you simple throw your chips into the table (as little chips as possible) and tell the stick man what you want. The payout for field bets:

  • 3, 4, 9, 10, and 11 all payout 1:1
  • 2 pays 2:1
  • 12 pays out either 2:1 or 3:1 (depending on the casino)

Proposition Bets

Placed before any throw. The house edge on all of these bets are over 11%. Therefore, you should not bet these very often or you should hedge your bets when you do so.

You can bet on any number as follows:

  • Betting on the next throwbeing a 2, 3 or 12 (Craps)
  • Any Seven: Betting on the next throw being a 7
  • Eleven: Betting on the next throw being an 11
  • Horn Bet: Betting on the next number being a 2, 3, 11, or 12. The payout is determined by the number rolled

Proposition bets are those placed in the middle of the table layout, and those bets never have a good house edge. You should make these bets only for fun and to make your game more exciting.

So, here they are:

  • With the “any seven” bet you’re betting the shooter will hit a 7 on the next roll. It has a horrible house edge of 16.67%. Never make this bet.
  • With the “snake eyes” bet you’re betting the shooter will throw a two on the next roll.
  • With the “yo eleven” bet you’re betting the shooter will hit an 11 on the next roll.
  • With the “any craps” bet you’re betting the shooter will throw a 2, 3, or 12 on the next roll. It holds a house edge of over 11%
  • With the “any three” bet you’re betting the shooter will throw a 3 on the next roll.
  • With the “midnight” bet you’re betting the shooter will throw a 12 on the next roll.
  • With the “horn” bet you’re combining the snake eyes, 3, yo 11, and midnight bets.

Hardway Bets

A Hardway Bet is also made regarding the outcome of the next die throw. A Hardway roll occurs when doubles are thrown with an outcome of 4, 6, 8 or 10.

For example: rolling a pair of threes would produce a “hard 6”. An Easy roll is produced when the same outcome is achieved, but without rolling doubles.

For the previous example, rolling a 4 and a 2 would produce an “easy 6”. For a Hardway Bet to win, the shooter must roll a double with an outcome of 4, 6, 8 or 10. The wager loses if either a 7 or any Easy number is rolled.

The Lay Bet

The lay bet is almost similar with the don’t pass and don’t come bets, because with this bet your are playing against the dice. You can make this bet at any time in the game and it can be placed on 4, 5, 6, 8, 9 or 10. A lay bet wins when 7 rolls before the number.

7 is more likely to come up than any other number so the casino requires you to wager more than you could win. This bet also requires a commission of 5% on average. If the bet is on 4 or 10 you get 1:2 odds, on 5 or 9 2:3 odds, on six or 8 5:6 odds.

The Buy Bet

When you choose this bet it means that you will buy numbers instead of placing them.

The numbers 4, 5, 6, 8, 9, 10 can all be bought but there are only two numbers that really make buy bets worthwhile and those numbers are 4 and 10 because they pay off better than the other numbers. You win if the buy number comes up before a 7 is rolled.

The odds are higher for a buy bet. 2:1 on a 4 or 10 buy, 3:2 for a 5 or 9, or 6:5 for a 6 or 8. Player pays 5% “vigorish” to get true odds on all numbers.

Depending on how much you bet, buying a bet can make you more money in the end even after accounting for the ‘vig’. The odds are only in your favor on a buy bet for a 4 or 10, so stick with the place bet on any others.

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Michael Shackleford: We've already talked about all the best bets on the table, the pass, the come, the, don't pass, the don't come, always backed up with the odds. So, these are all the best bets on the table. All you really need to know about craps is with those bets right there. If you just bet that, you'll be in great shape. However, there's still lots of other bets at the table which are not as good. Some of them are called place bets, so let's talk about those next. Those are generally not made on a come out roll, so let's make a pass line bet and wait for you to roll a point and then we will make some place bets.

Angela Wyman: All right.

Dan Lubin: Five. No field five.

Michael: Let's back up the pass line bet with a 20-dollar odds bet and now let's make some place bets. What a place bet is, is a bet that you're going to roll any one of these numbers that you choose before seven. Let's start with making place bets on the six and the eight. Those pay seven-to-six odds, so you should bet in increments of six dollars. So, let's bet six dollars on each of the six and the eight and these bets you own, you put in the come area and you have to tell the dealer what you want to do. You would say, “Place the six and the eight”.

Angela: Place the six and the eight.

Michael: Let's also make one on the nine. The place bet on the nine pays seven-to-five, those should be evenly divisible by five dollars, so let's make a five-dollar place bet on the nine.

Angela: Place nine.

Craps Lay Bet

Michael: We're not going to place the 5 because we already are going to win on that with the pass line bet, although we technically would be allowed to. Let's also place the four and the 10. Those pay nine-to-five odds, so those should be divisible by five.

Dan: If you can put 10 and say, “Give me the four and the 10”.

Buy Bet Craps

Michael: And it would be implied that she's odd betting on both of them equally.

Angela: Give me the four and the 10 then.

Dan: Okay. You're settled on the four and the 10.

Michael: Now we have covered all of the place numbers, all of the registers, so if you roll a four, five, six, eight, nine or 10, we'll win one of those bets. It's now the seven that is the dreaded number and will cause everything to lose, so stay away from the seven.

Angela: No seven. [Laughs]

Dan: 10 easy.

Michael: So, our place bet on the 10 wins. That's going to pay nine-to-five, so we just won nine bucks.

Dan: And here the dealer cuts out nine in the come and hands it off to the player.

Michael: And the dealer assumes that you want to keep that place bet up there, so he only paid you the winnings, he didn't return your original wager, he assumed you want to remake it. At any time, you can say, “Take these place bets down”. Once you make them, they're not locked in stone, you can remove them at any time but we're going to stay up there. So, just stay away from that seven.

Angela: All right.

Dan: You're 11, pay the come, pay the field.

Michael: So, nothing happens with that to us.

Dan: Four easy.

Michael: We just won nine dollars on our four.

Dan: Eight the hard way.

Michael: The six-dollar bet on the eight pays seven, so-- and you're still shooting.

Angela: Great.

Dan: Two crap deuce come away. Double the field.

Michael: That means nothing to us.

Dan: Nine's in.

Michael: Another winner. Our nine pays seven-to-five odds, so you just won seven dollars. Notice how you just keep raking in money as long as you stay away from that seven.

Dan: Exactly. The hot roll. Five, no field five.

Michael: We just won on a pass line bet, that's a big bet too. So, the point pays 30 and the five pays five. That's a new pass line bet and as I was explaining earlier, on a come out roll, sevens are bad, so there's three kinds of bets that get turned off automatically on a come out roll. Place bets, odds and come bets and buy bets. I'll explain buy bets next. Right now, the pressure is off. If you roll a seven, it's actually going to be good because the pass line will win and all those bets will just stay on the table.

Dan: Five no field, relight the five.

Michael: We light the five with a 20-dollar odds bet and now, all of our place bets are suddenly working again so stay away from that seven.

Dan: Eight the hard way.

Michael: Our six-dollar bet just won seven.

Angela: Hurray.

Dan: Seven the hard way.

Michael: We lost everything but you still did well.

Angela: [laughs]

Michael: Our stacks keep growing.

Angela: It's all right, we still have enough for dinner.

[Laughter]

Michael: Angela, next I'm going to teach you about buy bets. Buy bets are just like place but they pay different odds. The way it works is that they pay statistically fair odds like an odds bet, except you have to pay a 5% commission on the amount of your bet. Mathematically speaking, you're better off making place bets on the five, six, eight and nine, so the only time you should even consider making a buy bet is on the four and the 10. Fair odds are two-to-one, however, you generally pay the 5% commission on wins only, so it's going to be like getting paid 19-to-10 odds which is better than the nine-to-five odds on the place bet.

And I know it sounds confusing but trust me, if you're going to be making place bets, don't make them on the four and the 10. Make buy bets instead. So, let's demonstrate the buy bets. It's a new come out roll. Traditionally, in craps they always make a line bet, meaning a pass or a, don't pass bet, but since you're the shooter, it's mandatory. So, let's make a pass line bet, a come out roll.

Dan: Four, [unintelligible 00:06:54] the four.

Michael: Out of habit, let's make an odds bet, 15 dollars on your four. We already covered the four with this, so now let's make a buy bet on the 10. As I was saying before, buy bets pay 19-to-10 odds, so if you don't want to lose anything on the rounding-- because in every game they always round down, you should make buy bets in even in even increments of 20 dollars. So, let's bet 20 dollars on the 10.

Dan: Buying in the 10 for 20, this is what you would say and I would settle it up and I would put a buy lid on it. It's better to know it's a buy bet.

Michael: Try to roll a four or a 10 and stay away from the seven.

Angela: All right, no seven.

Dan: 10 the hard way.

[Cheering]

Michael: So, your first buy bet ever wins.

Dan: I've cut out 40 dollars, pays two-to-one minus the commission, so there's 40 dollars, 25 and 15 for 40. On the 20-dollar bet, the commission is a dollar, so I'd say, “Madam, drop a dollar” and I would pay the soft on her hand, pick up the dollar.

Michael: To summarize, her 20-dollar buy bet paid two-to-one odds minus a 5% commission. Two times 20 is 40, she owed one dollar commission because 5% of 20 is one, so she just won 39 dollars. That's pretty much all there is about the buy bets. I would like to add that-- let's say Angela was uncomfortable betting 20 dollars on the 10, let's say that she was comfortable with 10, she could do that. That 10 dollars is going to pay nine fifty if it wins, but you always round down to the nearest dollar, so that win is going to round down to 19 dollars.

However, what if she made a place bet of 10 dollars? That would pay nine-to-five or a total win of 18 dollars. What's more, 19 or 18? The 19. So, even though you're losing 50 cents due to the rounding, you're still better off making a buy bet on the four and the 10 as long as you're at least betting 10 bucks. Right, Dan? Did I have it right?

Dan: Absolutely, you had it perfect.

Michael: Okay, I think that that covers buy bets.