Craps Players Step Inside!

[Yo Eleven]

Can someone please tell me the difference between buying points and placing them?

 

Thanks, I'm still learning...

There is no difference. Means exactly the same thing. Now if you lay the point then you have to pay the house a vig (commission) because you are betting that a seven is rolled before the point you selected. The house reduces your advantage by charging you a commission on your bet.

[Yo Eleven]

I consider myself an amateur player that has a good “basic” understanding of the game. In the past I’ve stuck to the pass line with odds and a few place bets, but I’ve never really won or lost too much.

 

I’ll be sailing in a few weeks on Liberty of the Seas (the same sailing as Yo Eleven), and plan to watch his play (even though I have always been a strict right-side player). I’m also planning to add a few Come bets with odds now that I understand what they do.

 

I’ve read all of the past posts and I’ve learned a lot, but since everyone is putting in their own two cents it can get a little confusing. I’m looking for some suggestions of good books that explain the game a little more in-depth, along with the different types of bets, and some betting strategies. Although I’ve found this board helpful, I’ve always found that I learn best by watching something; I just want to make sure that I understand what all I’m looking at when I’m watching the play.

 

Cheers, and thanks for the help.

Yup! I will be there. Just look for the dark side player that will be rolling his own dice. I plan on doing this on the cruise. I am sick and tired of waiting for "precision shooters" wasting my time.

[Lisa&Neb]

Can someone please tell me the difference between buying points and placing them?

 

Thanks, I'm still learning...

 

 

A place bet has set pays that are not ture odds... you should place 6/8 and 5/9 as the house edge is less on a place bet vs a buy bet. A place bet on the 6/8 pays 6 to 7 meaning you put $6 down and if it hits you get 7. the 5/9 are 5 to 7 so you out down $5 and get $7. the 4/10 are placed at 5 to 9 or $5 to $9.

 

When buying you are paying the casino to get the true odds without a come bet.

 

Buying the 6/8 pays odds 5 to 6, the 5/9 pays 2 to 3 and the 4/10 pays 2 to 1

 

So when you buy the 4 or 10 you nomrally pay $21 ($20 bet and $1 to buy, a commission). If you win you win 40 so it is 21 for 40 or just shy of 2 to 1. So compaired to the place at $20 here is what you get

 

Number

Place bet

At 4 units

Pay out at

4 units

Buy for $20

+1 commis

Pay on buy bet

4

$20

$36

$21

$40

5

$20

$28

$21

$30

6

$24

$28

$21

$24

8

$24

$28

$21

$24

9

$20

$28

$21

$30

10

$20

$36

$21

$40

 

 

I hope this helps....

[Casino Player]

Could you please explain to this little ol' country boy exactly how you do this?

 

HHHHHEEEEELLLLLLLLLLOOOOO AndyTheK: It would take too long to do now. However, certainly at another time.

[Casino Player]

There is no difference. Means exactly the same thing. Now if you lay the point then you have to pay the house a vig (commission) because you are betting that a seven is rolled before the point you selected. The house reduces your advantage by charging you a commission on your bet.

 

HHHHHEEEEELLLLLLLLLLOOOOO Yo Eleven: There is a difference between placing and buying numbers. On a Place bet you just place the bet for whatever number you want. Just drop your money down on the table and in an audible mumble name the number you want. You get house odds which are not true odds. A Buy bet you are paying a commission to receive true odds. A Lay bet is to bet against the number coming up in a roll. Craps is truly a game of opposites.

[Casino Player]

Can someone please tell me the difference between buying points and placing them?

 

Thanks, I'm still learning...

 

HHHHHEEEEELLLLLLLLLLOOOOO The other Idaho 21: There is a big difference between buying and placing points. Also, some bets give the house a bigger advantage than other bets.

A Place bet is when you place your chips on the table and in an audible announce what number or numbers you want to place. If you win you win house odds not true odds. The only good numbers to place are six and eight. That gives the House the least advantage. Place bets on six and eight must be made in multiples of six. If the number hits you win seven. If you Place the five or nine, in multiples of five, you win seven. This bet gives the house an advantage. If you Place the four or ten, also in multiples of five, you win nine dollars. This bet gives the House an even bigger advantage than placing the five or nine.

A Buy bet is when you buy a number.You pay one dollar or 5% to recieve true odds. The only number that makes sense to buy is either the four or the ten.

An advantage to placing or buying a bet instead of playing the Pass Line/Don't Pass or Come/Don't Come is you can call off the bets. Say you place six and eight and neither number hits within five rolls. You could, in an audible mumble, tell the dealer your place bets are off. He/she will put an off button on your bets until you tell him/her they are working again.

I will let you in on something, a casino makes it big wins when you win. If you place a four or ten instead of buying it the House wins big. Also if you buy a number to receive true odds instead of placing the six or eight. The five and nine give the House too much of an advantage. Only place those numbers if you are winning. The House takes too much out to make it a good gambling proposition. Too much downside to it.

The only bet in the Casino that actually pays off true odds are the odds bet on the Pass Line or the Come Line. Same if you play the Don't Pass and Don't Come. But, when you play the Don't you have to lay the odds. Technically, it is a slightly better bet, but, the difference is insignifigant.

[Yo Eleven]

HHHHHEEEEELLLLLLLLLLOOOOO Yo Eleven: There is a difference between placing and buying numbers. On a Place bet you just place the bet for whatever number you want. Just drop your money down on the table and in an audible mumble name the number you want. You get house odds which are not true odds. A Buy bet you are paying a commission to receive true odds. A Lay bet is to bet against the number coming up in a roll. Craps is truly a game of opposites.

I stand corrected. You are right. Vig on the buy bet as well.

[The other Idaho 21]

Thanks everyone, these responses have helped a lot. It truly shows me how much I have to learn about the game to become anything more than just a casual player. This cruise will have a steep learning curve for sure.

 

To make sure I understand… If I make a come bet, no matter what number comes up I get the true odds without having to pay the vig, so long as I also take the odds?

[Lisa&Neb]

Thanks everyone, these responses have helped a lot. It truly shows me how much I have to learn about the game to become anything more than just a casual player. This cruise will have a steep learning curve for sure.

 

To make sure I understand… If I make a come bet, no matter what number comes up I get the true odds without having to pay the vig, so long as I also take the odds?

 

A come (or don't come) bet is the exact same as the pass/don't pass line, it is just setting another point.

 

ie. new shooter. You bet 5 on the pass, a 9 hits you can take odds (say 2x so $10). On the next roll you place a come bet. a 2,3 or 12, you lose the come bet, 7 or 11 you win 1 to 1 on the come bet. any other number the come gets moved to it and say it is the 5, you can put $10 free odds on it. No if a 5 comes before the 7 you win on your 5 come bet ($20 win) and if the 9 hits before the 7 you win $20 on that.

 

If the 9 hits you win $20 on it and you 5 bet is still up there. Now you still need to hit a 5 before a 7 to win on your five bet.

[Casino Player]

Thanks everyone, these responses have helped a lot. It truly shows me how much I have to learn about the game to become anything more than just a casual player. This cruise will have a steep learning curve for sure.

 

To make sure I understand… If I make a come bet, no matter what number comes up I get the true odds without having to pay the vig, so long as I also take the odds?

 

HHHHHEEEEELLLLLLLLLLOOOOO The other Idaho 21: First, have a good time on your cruise. You will be there with Yo Eleven and I wish you both a good time. I meet a lot of my fellow passengers on a cruise in the casino. Craps is a game where everyone could bet the way they feel comfortable with and still be civil to one another.

There are some good books and articles on craps out there. When you get back look up Frank Scoblete. He is a writer that writes about gaming and gambling. His explanations are very good and give insight to the game. He plays blackjack and craps. He also writes about both. His articles about craps are very informative.

[The other Idaho 21]

A come (or don't come) bet is the exact same as the pass/don't pass line, it is just setting another point.

 

ie. new shooter. You bet 5 on the pass, a 9 hits you can take odds (say 2x so $10). On the next roll you place a come bet. a 2,3 or 12, you lose the come bet, 7 or 11 you win 1 to 1 on the come bet. any other number the come gets moved to it and say it is the 5, you can put $10 free odds on it. No if a 5 comes before the 7 you win on your 5 come bet ($20 win) and if the 9 hits before the 7 you win $20 on that.

 

If the 9 hits you win $20 on it and you 5 bet is still up there. Now you still need to hit a 5 before a 7 to win on your five bet.

 

This all makes sense, but to take it one step further… Am I correct in my understanding that I may decide at any time to have my odds working or not (on both pass/don’t pass and any come/don’t come bet) but the original bet stays in place till the number is hit or a 7 is rolled?

[Lisa&Neb]

This all makes sense, but to take it one step further… Am I correct in my understanding that I may decide at any time to have my odds working or not (on both pass/don’t pass and any come/don’t come bet) but the original bet stays in place till the number is hit or a 7 is rolled?

 

 

Correct... odds cna work on ont work at any time... but pass line and come bets must always work untill they win or lose..... Unlike don't pass and don't come, which you can pick them up at any time.

[F22Smitty]

Hello all, very informative thread. I'm a rookie but love the game and still learning.

 

Do any of you folks ever play the FIELD? Is it a sucker bet or can you make some money by playing it?

[cruzincurt]

The house edge on a FIELD bet is 5.56%. Why do it when there are much better bets? I never play the field.

 

You can make money if you are lucky but why get paid only even money on numbers that are low probability.

[Lisa&Neb]

Hello all, very informative thread. I'm a rookie but love the game and still learning.

 

Do any of you folks ever play the FIELD? Is it a sucker bet or can you make some money by playing it?

 

I will play the field only if I am drunk..... it is a bad bet.... you are not getting the best numbers, the 6 and 8. you are better placing the 6 and 8 for 6 each then betting the field.

[Yo Eleven]

Hello all, very informative thread. I'm a rookie but love the game and still learning.

 

Do any of you folks ever play the FIELD? Is it a sucker bet or can you make some money by playing it?

I play the field but only as part of my system to hedge other bets.

The FIELD bet IS a sucker bet but has its use where I am concerned.

Don't play it thinking you will win money because you won't.

Good luck.

[Yo Eleven]

This all makes sense, but to take it one step further… Am I correct in my understanding that I may decide at any time to have my odds working or not (on both pass/don’t pass and any come/don’t come bet) but the original bet stays in place till the number is hit or a 7 is rolled?

You will see while I am playing that I NEVER pick up my odds on my don't pass odds and don't come odds. As far as I am concerned O ask what for? I have the advantage at that point. ROLL THAT SEVEN! :D

[primo1]

How ya doin Yo? You ever get that credit line taken care of?

[LSTEFFA]

There is no difference. Means exactly the same thing. Now if you lay the point then you have to pay the house a vig (commission) because you are betting that a seven is rolled before the point you selected. The house reduces your advantage by charging you a commission on your bet.

Yo Eleven...You better stick to the don't side...there is a BIG difference between PLACE & BUY.If you place a 4 or 10 for $25 and it hits you are payed 9:5 or $45.If you buy the 4 or 10 for $25 you pay a $1 vig and if it hits you are paid 2:1 or $50 <less> $1 vig =$49 net profit

[LSTEFFA]

HHHHHEEEEELLLLLLLLLLOOOOO The other Idaho 21: There is a big difference between buying and placing points. Also, some bets give the house a bigger advantage than other bets.

 

A Place bet is when you place your chips on the table and in an audible announce what number or numbers you want to place. If you win you win house odds not true odds. The only good numbers to place are six and eight. That gives the House the least advantage. Place bets on six and eight must be made in multiples of six. If the number hits you win seven. If you Place the five or nine, in multiples of five, you win seven. This bet gives the house an advantage. If you Place the four or ten, also in multiples of five, you win nine dollars. This bet gives the House an even bigger advantage than placing the five or nine.

 

A Buy bet is when you buy a number.You pay one dollar or 5% to recieve true odds. The only number that makes sense to buy is either the four or the ten.

 

An advantage to placing or buying a bet instead of playing the Pass Line/Don't Pass or Come/Don't Come is you can call off the bets. Say you place six and eight and neither number hits within five rolls. You could, in an audible mumble, tell the dealer your place bets are off. He/she will put an off button on your bets until you tell him/her they are working again.

 

I will let you in on something, a casino makes it big wins when you win. If you place a four or ten instead of buying it the House wins big. Also if you buy a number to receive true odds instead of placing the six or eight. The five and nine give the House too much of an advantage. Only place those numbers if you are winning. The House takes too much out to make it a good gambling proposition. Too much downside to it.

 

The only bet in the Casino that actually pays off true odds are the odds bet on the Pass Line or the Come Line. Same if you play the Don't Pass and Don't Come. But, when you play the Don't you have to lay the odds. Technically, it is a slightly better bet, but, the difference is insignifigant.

Actually buying the 5 or 9 is not bad if you are betting $100 or more on the number. A $100 place 5 or nine pays 7:5 or $140. Buy the 5 or nine for $100 ($5 Vig)...it hits you are paid 3:2 $150 <less> $5 vig $145 profit

[Casino Player]

Actually buying the 5 or 9 is not bad if you are betting $100 or more on the number. A $100 place 5 or nine pays 7:5 or $140. Buy the 5 or nine for $100 ($5 Vig)...it hits you are paid 3:2 $150 <less> $5 vig $145 profit

 

HHHHHEEEEELLLLLLLLLLOOOOO LSTEFFA: To buy the 5 or 9 for an extra $5 doesn't sound like a really good deal to me. On the 5 and 9 the house has a really big advantage. I stand by placing the 6 and 8 while buying the 4 and/or ten. If you wish to place the 5 and 9 then only use money you have already won. Using won money takes the sting out of the house having a big edge.

[LSTEFFA]

HHHHHEEEEELLLLLLLLLLOOOOO LSTEFFA: To buy the 5 or 9 for an extra $5 doesn't sound like a really good deal to me. On the 5 and 9 the house has a really big advantage. I stand by placing the 6 and 8 while buying the 4 and/or ten. If you wish to place the 5 and 9 then only use money you have already won. Using won money takes the sting out of the house having a big edge.

Hey Casino Player...do the math...buying a $100 5 or nine gives you the TRUE odds payoff of 3:2 for the $5 vig = Payoff $150 <less> $5 vig = net profit $145 vs place 9:5 odds $140 net profit. A wise gambler considers WON money HIS money & does not change his basic betting strategy because as you put it...he's playing with the houses money.

Edited September 2, 2009 by Host Kat >^..^<
corrected the quote code

[LSTEFFA]

HHHHHEEEEELLLLLLLLLLOOOOO The other Idaho 21: There is a big difference between buying and placing points. Also, some bets give the house a bigger advantage than other bets.

 

A Place bet is when you place your chips on the table and in an audible announce what number or numbers you want to place. If you win you win house odds not true odds. The only good numbers to place are six and eight. That gives the House the least advantage. Place bets on six and eight must be made in multiples of six. If the number hits you win seven. If you Place the five or nine, in multiples of five, you win seven. This bet gives the house an advantage. If you Place the four or ten, also in multiples of five, you win nine dollars. This bet gives the House an even bigger advantage than placing the five or nine.

 

A Buy bet is when you buy a number.You pay one dollar or 5% to recieve true odds. The only number that makes sense to buy is either the four or the ten.

 

An advantage to placing or buying a bet instead of playing the Pass Line/Don't Pass or Come/Don't Come is you can call off the bets. Say you place six and eight and neither number hits within five rolls. You could, in an audible mumble, tell the dealer your place bets are off. He/she will put an off button on your bets until you tell him/her they are working again.

 

I will let you in on something, a casino makes it big wins when you win. If you place a four or ten instead of buying it the House wins big. Also if you buy a number to receive true odds instead of placing the six or eight. The five and nine give the House too much of an advantage. Only place those numbers if you are winning. The House takes too much out to make it a good gambling proposition. Too much downside to it.

 

The only bet in the Casino that actually pays off true odds are the odds bet on the Pass Line or the Come Line. Same if you play the Don't Pass and Don't Come. But, when you play the Don't you have to lay the odds. Technically, it is a slightly better bet, but, the difference is insignifigant.

Casino Player....you can call "off" on your odds for pass & come bets at any time....your "flat" bet (original pass/come bet) is always working. Also on don't pass/don't come bets you can call "off" for BOTH "flat" & "laying odds" at any time although the D'ont/pass/lay odds D'ont/come/lay odds are in your favor after the number(s) have been established.

[LSTEFFA]

Nothing wrong with that! :D

Hey YO Eleven...strange name for a "dark side" player.....as they say "Yo Eleven...front line WINNER....BACK line skinner"...:D

[AndyTheK]

Hey Casino Player...do the math...buying a $100 5 or nine gives you the TRUE odds payoff of 3:2 for the $5 vig = Payoff $150 <less> $5 vig = net profit $145 vs place 9:5 odds $140 net profit. A wise gambler considers WON money HIS money & does not change his basic betting strategy because as you put it...he's playing with the houses money.

You are correct IF and ONLY IF you have to pay the vig only when you win, that is, pay after a win, not before the bet. I believe that very few casinos (if any) do this any more; now they collect the vig win or lose.

 

If that is the case, the math goes like this -- do a $100 place bet five times. In the long run, you will win twice and lose three times. Each win is a profit, as you point out, of $140, so in the end you wind up with 2 x (140 + 100) = $480 for your $500 action. Please note that 480/500 represents a 4.00% edge, which is the figure you'll see published.

 

Now, do five buy bets. You will win $150 on each, but must pay the $5 vig on all, win or lose. You wind up with 2x(150+100) - 5X5 = $475 total for your $500 action. Note that 475/500 is a 5.00% edge, as published. If you had to pay vig only after a win, you wind up with $490, which is a 2.00% edge.

 

This is why "conventional wisdom" says to only buy 4/10 and not the others.