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And still MORE about the craps Buy bet. So, how do you make a craps Buy bet? Simply drop your chips on the table layout when
you have the dealer's attention tell him to "buy" whatever number you want to buy. Then, the dealer picks up your chips and puts them
in the point number box to correspond with your player position at the table. He then puts a "BUY" button on top of your chips to make
it clear to the boxman, pit crew, and eye-in-the-sky that the bet is a Buy bet instead of a Place craps bet.
Some dealers automatically Buy craps bets instead of Placing it when it's best for the player (the player is inexperienced and doesn't
even know what a Buy bet is). Let's assume some other player near you makes a $25 Place craps bet on the 4. You see the dealer
move the guy's $25 chip into the 4 box and he puts a "BUY" button on it. The player doesn't have a clue that the dealer made a Buy
craps bet instead of a Place bet, but it's the right thing to do--the dealer is looking out for the inexperienced player. If a 4 appears and
the bet wins, the player wins $49 for the Buy bet instead of only $45 for the Place craps bet.
The best craps Buy bet is always on the 10 and 4. But it can also be good for the 9 and 5 if the casino lets you pay the vigorish after
you win the bet instead of when you make the bet. Let's assume you make a $50 Place craps bet on the 9 where the Place odds are
7:5 (that means you win $70 for your $50 bet). Let's now assume you make a $50 Buy craps bet instead of the Place craps bet.
When you win the bet, you pay a $2 vigorish to get the true odds, which are 3:2. Therefore, for a $50 Buy bet on the 9, you win $75
and you then have to pay a $2 vigorish, and this results in a net win of $73. The winning $50 Place craps bet nets you $70, but the
winning $50 Buy craps bet nets you $73.
A craps Buy bet isn't a wise bet for the 8 and 6. You should always Place bet the 8 and 6 instead of making Buy bets on them. Place
craps bets on the 8 or 6 are made in multiples of $6 because of the 7:6 odds. Buy craps bets on the 8 or 6 are made in multiples of $5
because of the true odds, which are 6:5. Let's assume you make a $96 Place craps bet on the 8 and you win the bet. That means
you win $112. Now, let's assume you make a $95 Buy craps bet on the 8 and pay a $5 vigorish to get true odds. For the $95 Buy
craps bet on the 8, you win $114, but you must pay the $5 vig, which results in a net win of only $109. The winning $96 Place bet nets
you $112, and the winning $95 Buy bet nets you only $109. It's easy to see that Place craps betting the 8 and 6 is better than Buy
betting the 8 and 6 because your net win with a Place bet is more than your net win with the Buy bet.
you have the dealer's attention tell him to "buy" whatever number you want to buy. Then, the dealer picks up your chips and puts them
in the point number box to correspond with your player position at the table. He then puts a "BUY" button on top of your chips to make
it clear to the boxman, pit crew, and eye-in-the-sky that the bet is a Buy bet instead of a Place craps bet.
Some dealers automatically Buy craps bets instead of Placing it when it's best for the player (the player is inexperienced and doesn't
even know what a Buy bet is). Let's assume some other player near you makes a $25 Place craps bet on the 4. You see the dealer
move the guy's $25 chip into the 4 box and he puts a "BUY" button on it. The player doesn't have a clue that the dealer made a Buy
craps bet instead of a Place bet, but it's the right thing to do--the dealer is looking out for the inexperienced player. If a 4 appears and
the bet wins, the player wins $49 for the Buy bet instead of only $45 for the Place craps bet.
The best craps Buy bet is always on the 10 and 4. But it can also be good for the 9 and 5 if the casino lets you pay the vigorish after
you win the bet instead of when you make the bet. Let's assume you make a $50 Place craps bet on the 9 where the Place odds are
7:5 (that means you win $70 for your $50 bet). Let's now assume you make a $50 Buy craps bet instead of the Place craps bet.
When you win the bet, you pay a $2 vigorish to get the true odds, which are 3:2. Therefore, for a $50 Buy bet on the 9, you win $75
and you then have to pay a $2 vigorish, and this results in a net win of $73. The winning $50 Place craps bet nets you $70, but the
winning $50 Buy craps bet nets you $73.
A craps Buy bet isn't a wise bet for the 8 and 6. You should always Place bet the 8 and 6 instead of making Buy bets on them. Place
craps bets on the 8 or 6 are made in multiples of $6 because of the 7:6 odds. Buy craps bets on the 8 or 6 are made in multiples of $5
because of the true odds, which are 6:5. Let's assume you make a $96 Place craps bet on the 8 and you win the bet. That means
you win $112. Now, let's assume you make a $95 Buy craps bet on the 8 and pay a $5 vigorish to get true odds. For the $95 Buy
craps bet on the 8, you win $114, but you must pay the $5 vig, which results in a net win of only $109. The winning $96 Place bet nets
you $112, and the winning $95 Buy bet nets you only $109. It's easy to see that Place craps betting the 8 and 6 is better than Buy
betting the 8 and 6 because your net win with a Place bet is more than your net win with the Buy bet.
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| The Craps Buy Bet (page 3) |