Craps Lay Bets Payout

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  • In craps, the odds on 5 or 9 pay 3 to 2. Whatever the odds placed, divide it by 2, and add that to the original number. So $24 odds pays $12 + $24 = $36. Figuring out place bets on the 4 or 10 at 9 to 5 odds is not that hard.
  • Answer 1 of 26: I like to play craps, and I basically play the Pass Line with odds and a couple of come bets. Maybe 6 and 8 once in awhile. I can figure those odds pretty good.
  • Lay bets don't pay even money. A $60 'no-four' doesn't get you 6-to-3 odds of winning $60. Payoffs are inverse to the odds. Lay $60 on four or 10 to win $30. Likewise, lay $60 to get $40 on five or nine at 6-to-4 and to get $50 on six or eight at 6-to-5. These payoffs, precisely inverse to odds of winning, would leave the casinos no.
  • One of the greatest advantages of hop bets is that they enable you to win much more than the standard payouts for craps. Technically, the hop bet resembles the Hard Way and the Easy Way bets although there are several key differences. First of all, the payout is much more generous as compared to the hard and easy way bets. Plus, the hop bet is.

One of the bets that exists in craps, but is not very commonly or frequently used, is the Place to Lose bet. The Place to Lose bet in craps is the exact opposite of the Place bet in craps, also called the craps Place to Win bet. This bet enables you to win if the shooter rolls the number 7 ahead of the number you bet on. You will also not find too many casinos, online or traditional, offering this bet at their tables.

This is one of the best bets craps players can make, with payout odds of 1 to 1. The don't pass bet has a slightly lower house edge (1.36%) but given 7 has a statistically higher chance of landing than 2 or 3, the odds of this bet winning are lower. The odds of rolling a 7 are 6 out of 36 possible combinations, or 1 in 6.

This bet is not very popular among craps players, because most of them, close to 90%, prefer to roll with the dice rather than bet against it. Not only that, experienced craps players who have sound knowledge of the different bets and how they work seem to prefer the Don’t Come or Don’t Pass Line bets to the Place to Lose bet in craps.

Making the Craps Place to Lose Bet

To make the craps Place-to-Lose bet, you need to tell the dealer this is the bet you want to place. The dealer then places your chips directly at the box designated for placing the chips just above the number you have chosen to make your craps Place to Lose bet on. That number is now referred to as the Place number.

You can make the wager whenever you want; however, the wager does not become active until a point has been established. When you win a craps Place to Lose bet, you have the option of leaving your chips on the craps table, so that it becomes the amount for the next wager, or you can collect your winnings and remove the chips from the table. You also have the option of retaining a portion of your winnings on the table so that becomes your money for the next craps Place to Lose bet.

Some Basic Craps Place to Lose Bet Payout Ratios

The odds of winning when you make a Place to Lose bet in craps vary, and depend mainly on the number that you are looking to bet on. The payout ratios also vary for the different numbers. In this section, will briefly mention the payout ratios associated with some of the numbers on which you may place a craps Place to Lose bet.

Craps Lay Bets Payout Bet

If the number you have bet on is 6 or 8, the payout ratio is 4 to 5 and you must bet in multiples of $8, which means a house advantage of just 1.82%. If the number that you choose to make your Place to Lose bet on is 5 or 9 the payout ratio is 5-to-8, and you would need to bet in multiples of $8 for either of these numbers to lose, which means the house has a 2.50% advantage. If the number if 4 or 10 the corresponding ratio is between 5 and 11 and you would have to bet at least $11 or multiples of this value to win, thereby giving the house a solid 3.03% advantage.

Laying the (4) or the (10) is a relatively popular bet for those playing the dark (don’t) side of craps. It’s easy, simple and puts you on the casino side of the odds at the table.

Payout

It’s widely used by experienced players deploying a number of different positive and negative progressions and is also a great way for the novice craps player to get introduced to the ‘don’t’ side of betting.

In effect, you are betting that a (7) will roll before the (4) or (10) you lay (bet) your money on.

There are a number of reasons Laying the (4) or (10) is a popular way to play the dark side.

  • There are 6 ways to roll a (7) and only 3 ways to roll a (4) or a (10)
  • The odds are in your favor as you’re betting with the casino and not against
  • Laying either the (4) or (10) has a lower ‘House Edge’ than laying the other numbers
    • House Edge (4) & (10) is 2.44%, (5) & (9) is 3.23%, and the (6) & (8) is 4.00%
  • You can ‘buy’ the number so you can get paid out at ‘true odds.
  • You can make the bet, or take it down, at anytime you want (it’s not a contract bet)

(Secrets Tip #1) How do you know this is one of the better bets on the table? There is no wording on the table that promotes this bet or even let’s you know it’s available.

EASY TO EXECUTE

Just put $20 on the table and tell the dealer to “Lay the (4)” or the (10), whichever you decide to bet against.

  • Let the dealer know you want to ‘buy’ the number. He/she will put a small disc on your bet that says ‘Buy’.
  • For a $20 bet, it will cost you $1 to buy the number to get paid out at full odds. Most casinos don’t charge the vig on this unless you win, where they’ll take it out of your winnings. There are some that take the vig up front and you’re charged win or lose.
Lay

Now, if the (7) rolls before the (4) or (10) that you selected, the dealer will pay you $19 in winnings. ($20 in true odds (1 to 2), minus the $1 vig).

(Secrets Tip #2) When laying the (4) or (10), you can hedge your bet by placing a $2 Hardway bet on the number. Paying 9 to 1, you will have effectively eliminated one of the three ways your bet could lose.

The ‘Lay the (4) or (10) Betting Strategy works great on cold and choppy tables, but keep in mind, no betting strategy will change the house edge on the bet.

Payout

VARIATIONS

As simple and effective as this bet is, there are many ways to play this at the tables. Below are just a handful and you can create the version that works best for you.

  • Use ‘flat bets’ and keep the bet size the same after a win or a loss
  • Use a positive progression betting system where you increase the size of your bets after each win
  • Use a negative progression betting system and increase the size of your bet after each loss.
  • Lay the (4) or (10) on the come-out roll when most are ‘trying’ to roll a (7)
  • Lay the bet immediately after the (4) or (10) rolls with the hope that it won’t repeat before the (7)
  • Wait for 3 rolls of the dice before laying your bet, expecting that a (7) will show in the next few rolls
  • Some even lay both the (4) and the (10), although that’s not recommended with this strategy

Like most other betting strategies, the ‘Lay the (4) or (10) Strategy’ has it’s own disadvantages.

  • It does not work well on warm or hot tables
  • Being that it pays at 1 to 2 odds, you’ll collect $10 on a $20 bet, but you’ll give up $20 on a loss – It will take you 2 wins to make up 1 loss

Please feel free to leave any comments, recommendations, suggestions or experiences you’ve had using this strategy in the comments section below.

Craps Come Bet Payout

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Craps Lay Bets Payout Against

If you have any questions, suggestions or recommendations, feel free to leave them in the comments section below.

In the meantime…

BEST OF LUCK AT THE CASINOS!!!