| Play smart...learn how to play casino craps the right way! |
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The Lay craps bet: The craps Lay bet is against the number you bet against and the 7 (you can bet against the 4, 5, 6, 8, 9, or 10).
The Lay craps bet payoff has true odds, which are different than the Place odds. The Lay craps bet is the opposite of the craps Buy
bet, the way the Don't Pass craps bet is opposite of the craps Pass Line bet. Therefore, if you Lay bet the 4, you want the number 7 to
appears before the number 4. The Buy craps bet is the opposite where if you Buy bet the 4, you want the number 4 to appear before
the number 7.
As noted above, the Lay craps bet payoff is based on true odds. For the 10 and 4, that's 1:2. For th 9 and 5, that's 2:3. For the 8 and
6, that's 5:6. Let's assume you want to Lay bet the 4. The payoff odds are 1:2, and that means you must bet more money than you
expect to win. That is, for every 2 dollars you bet when you make a Lay craps bet, you win 1 dollar.
The craps Lay bet has the same vigorish as the craps Buy bet, but the Lay bet is according to the amount you win, not the amount you
bet. Let's assume you Lay bet the 10 for $50. The payoff odds are 1:2, so that means if your $50 Lay craps bet wins, you win $25.
Remember, the vigorish is based on the amount you win, not the amount you bet on the table. Therefore, the vigorish is $1. You
calculate the vigorish as follows: $25 x 5% = $1.25, and you round down to the nearest whole dollar, so the vigorish is $1.
Craps Lay bets are also known as "No" craps bets. Let's assume you want to make a $75 "no 5" craps bet. You drop the dealer $75
in chips. The dealer then takes your chips and puts them in the 5 box and puts a LAY button on top of the chips. Let's assume your
Lay craps bet wins. Therefore, your $75 craps Lay bet wins $50 because the true payoff odds are 2:3. $75 divided by 3 = $25,
multiplied by 2 = $50. However, you must also vigorish. The dealer will probably pay you with two $25 chips for your winning Lay bet
and then ask you to drop 2 dollars on the table as payment for the vigorish. That's a lot easier than counting out $48 in chips.
The Lay craps bet payoff has true odds, which are different than the Place odds. The Lay craps bet is the opposite of the craps Buy
bet, the way the Don't Pass craps bet is opposite of the craps Pass Line bet. Therefore, if you Lay bet the 4, you want the number 7 to
appears before the number 4. The Buy craps bet is the opposite where if you Buy bet the 4, you want the number 4 to appear before
the number 7.
As noted above, the Lay craps bet payoff is based on true odds. For the 10 and 4, that's 1:2. For th 9 and 5, that's 2:3. For the 8 and
6, that's 5:6. Let's assume you want to Lay bet the 4. The payoff odds are 1:2, and that means you must bet more money than you
expect to win. That is, for every 2 dollars you bet when you make a Lay craps bet, you win 1 dollar.
The craps Lay bet has the same vigorish as the craps Buy bet, but the Lay bet is according to the amount you win, not the amount you
bet. Let's assume you Lay bet the 10 for $50. The payoff odds are 1:2, so that means if your $50 Lay craps bet wins, you win $25.
Remember, the vigorish is based on the amount you win, not the amount you bet on the table. Therefore, the vigorish is $1. You
calculate the vigorish as follows: $25 x 5% = $1.25, and you round down to the nearest whole dollar, so the vigorish is $1.
Craps Lay bets are also known as "No" craps bets. Let's assume you want to make a $75 "no 5" craps bet. You drop the dealer $75
in chips. The dealer then takes your chips and puts them in the 5 box and puts a LAY button on top of the chips. Let's assume your
Lay craps bet wins. Therefore, your $75 craps Lay bet wins $50 because the true payoff odds are 2:3. $75 divided by 3 = $25,
multiplied by 2 = $50. However, you must also vigorish. The dealer will probably pay you with two $25 chips for your winning Lay bet
and then ask you to drop 2 dollars on the table as payment for the vigorish. That's a lot easier than counting out $48 in chips.
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| The Craps Lay Bet |