Progress Publishing Co.

Dice Control for Casino Craps / Gambling Disciples of God

 

Craps Home Craps Contents Craps Diagram Dice Control Application Throwing
Dice Grips Pick-Ups Bet Size Craps Dice Sets Craps Master Craps Skill
Disciples Craps Systems Trouble Expected Win Craps Rules Craps History
Craps Odds Craps Pass Bet Craps Place Bets Craps Buy Bet Free Odds Bet Craps Field Bet
Craps Lay Bet Craps Come Bet Proposition Bets Gambler&Mythology Links ORDER
Slots          

 

cool1.jpg (3684 bytes)

vegasdieBLK.gif (6803 bytes)

      cndl_grn4_md_blk.gif (2968 bytes)    From Chapter 2 cndl_grn4_md_blk.gif (2968 bytes) 

Craps Buy Bet

*****************************************************************

**********************************************************

Buy Bets

The Buy bets are another way for a right bettor to cover the point numbers. These Craps bets can be made at any time. Buy bets can be pressed (increased), reduced or taken down (removed) at any moment prior to a roll. They work the same way the Place bets do, but the payoffs for the Buy bets are made at the correct odds. For that increase in the payoff ratio a player has to pay the house a 5% commission on the amount of his bet.

Suppose a player wants to make a $20 Buy bet on the number 6. A 5% commission, which is also called the “vig”, the “vigorish” or the “juice”, will be $20 x 5% = $1. A player places $21 on the layout and tells the dealer that he wants to buy a 6. A dealer collects $1 vig and puts $20 in an appropriately numbered box on the layout. He also puts a small “Buy” button atop the chips to distinguish them from the Come bets. If the 6 repeats before a 7 is thrown, a player is paid at correct odds of 6 to 5 – $24.

How big is the house advantage when a player makes the Buy bets? If the house did not charge a 5% commission, the Buy bets would be the even proposition bets without any advantage for the house or the player. Thus, if we’ll use our example above, all we’ll have to do to calculate the house advantage is to divide that $1 commission charge by the amount wagered, which is $21. The result is 4.76%. We can see now, that it is cheaper to buy a 4 or 10 than to place them, because the Place bets on a 4 or 10 carry a 6.67% advantage for the house. On the other hand, it is better to place a 5,6,8 or 9 than to buy them due to a smaller house edge on the Place bets for these numbers.

If you want to buy bets you have to make at least $20 bets. If your bet is only $10, than the 5% commission on that bet is equal 50 cents, but the house will charge you $1 anyway, because $1 chips are the smallest chips on the craps table. In this case, the house advantage against you will sharply increase to 9.09%.

The Buy bets are off on a come out roll, unless you instruct the dealer to make them work.

 Copyright Progress Publishing 1998


What Casino Banner Exchange

CLICK HERE TO VISIT 4PLAYERS.COM!  CLICK HERE TO VISIT JACKPOTFINDER.COM!