|
Craps System
 |
The following craps system
will teach you exactly what the place numbers bets are when
it comes to craps. There is a high price for intolerance in
craps in the form of a higher house edge. To further develop
the impatient or ignorant player there can be two or three
different bets on the exact same thing, and they will all
pay dissimilar odds. You might think players would only bet
on the option with the best odds but you would be quite wrong,
it is custom to see players throwing their money away on the
higher house edge versions of the same bet. For example the
place bet on 6, the buy bet on 6, and the big 6 all are betting
that a 6 will be rolled before a 7 but pay 7-6, 23-21, and
1-1 respectively, for house edges of 1.52%, 4.76%, and 9.09%.
Precise descriptions of the various bets are below.
• Big 6: A bet that a 6 will be rolled previous to a
7. Pays even money. house edge of 9.09%. Note that this is
precisely the same as a place bet on 6, only the place bet
pays 7-6 and has a house edge of only 1.52%. Only a fool or
someone ignorant of the game would bet on the Big 6.
• Big 8: The same as the Big 6 only that an 8 will be
rolled before a 7.
|
|
PLAY CRAPS
GAMES AT THE FOLLOWING ONLINE CASINO |
|
• Buy bets This is fundamentally the same as the place
bet, only with a dissimilar payoff. The player may "buy"
any of the points (4, 5, 6, 8, 9, and 10), which means to bet
that the number will be rolled before a 7. When making a buy
bet you must pay a 5% commission and your bet will pay fair
odds if it wins. Fair odds are 2-1 on the 4 and 10, 3-2 on the
5 and 9, and 6-5 on the 6 and 8. A buy bet should be an increment
of $20 so that the 5% commission can be an even dollar amount.
An additional way to look at it is that the buy bet pays 39-21
on the 4 and 10, 29-21 on the 5 and 9, and 23-21 on the 6 and
8. If the bet is not divisible by $20 the commission will be
rounded up or down to the nearest dollar. The house edge on
all buy bets is 4.76%. The house edge on the 5, 6, 8, and 9
place bets are all lower than the buy bet, thus the buy bet
on these numbers should be avoided.
Note 1: If the commission is rounded down the player can cut
down the house edge by betting just under $40 for a commission
of $1. A buy bet of $39 on the 4 or 10 has a house edge of 2.5%.
A buy bet of $38 on the 5 or 9 has a house edge of 2.56%. A
buy bet of $35 on the 6 or 8 has a house edge of 2.78% which
is still not as good as the place bet.
Note 2: Some Las Vegas casinos, the Golden Nugget to name just
one, charge the commission on the buy bet on 4 and 10 only if
it wins. This lowers the house edge to 1.67%.
•
Hard ways: There are four diverse hard way bets. For example
a hard 4 bet is betting that a pair of twos will be rolled before
a 7 or any other way to roll a total of 4. This is called "the
hard way" because it is harder to roll two twos than a
one and a three. Equally you can bet on a hard 6,8, or 10, each
of which is a bet that the hard way of rolling the given number
will occur before a 7 or any "easy" way.
The casino pays 7-1 on a hard 4 or 10 with a house edge of 11.11%.
The casino pays 9-1 on a hard 6 or 8 with a house edge of 9.09%.
|
|
|
