Craps Lay Bet Vig
- A Lay Bet is a bet that a 7 will roll before the number bet. In either case, the wager is paid according to true odds as shown on the accompanying table. A 5% commission or 'vig' is charged on all Buy and Lay Bets, either on the amount bet, if it is a Buy Bet, or on the amount that can be won, if it is a Lay Bet.
- Usually, a minimum bet of $20 is required for each Buy bet. The player must pay a charge (vig) of 5% of the wager at the time the bet is placed. Buy bets pay true and correct odds. Players may place or take down Buy bets at any time. If a player takes down a Buy bet, the vig is also returned. Lay or Buy Behind Bets.
So in that example you are paid the $20, but need to pay the upfront vig on the 'new' re-booked Lay-bet. So you can either drop them another dollar to book the 'new' $30 No-Five, or they can take it from the winnings and pay you $19. Don't forget, if you bring down the Lay-Bet before it is decided, they owe you the $1 back also. Alternative rules and bets such as the Fire Bet, Crapless Craps, and Card Craps. California craps. How craps is played in California using playing cards. Craps game using cards at the Viejas casino in San Diego. Number of Rolls Table. Probability of a shooter lasting 1 to 200 rolls before a seven-out. Craps: Lay the 4 or 10 Betting Strategy Laying the (4) or the (10) is a relatively popular bet for those playing the dark (don’t) side of craps. It’s easy, simple and puts you on the casino side of the odds at the table.
Craps Buy Bet Vig
There are many different bets you can make on the craps table. This often confuses new players but in actual fact craps is not that complicated. In this section we outline all of the possible betting options and show you where those bets go on the table.
The Craps Table
Below is an example of a craps table. The image shows a half table layout as seen on the Microgaming online craps game. Tables at other casinos might look slightly different but the layouts are very similar.
The Different Bets
Pass Line
The most common craps bet. The Pass Line bet is made on the come out roll and wins if a 7 or 11 is rolled. If a 2, 3 or 12 is rolled the bet loses. If any other number is rolled the point is established. If the point is rolled before a 7 the bet wins. If a 7 is rolled the bet loses. Pays even money.
Pass Line Odds
Also known as 'Taking the Odds', the Pass Line Odds bet is an extra bet that can be made after a Pass Line bet is made and the point is established. In most cases this can be a multiple of your Pass Line bet. The bet wins if the point is rolled before a 7. This is one of the few best in the casino that has no house edge. The point determines the pay out with the most common being 2 to 1 (4 or 10), 3 to 2 (5 or 9) and 6 to 5 (6 or 8).
Don't Pass Line
The opposite bet to the Pass Line Bet. The Don't Pass bet wins if the come out roll is a 2 or 3 and loses if the come out roll is a 7 or 11. If a 12 is rolled this is a push. In the case of a push or if the point is established the dice continue to be rolled until either a 7 or the point is rolled. The bet wins if a 7 is rolled and loses if the point is roll. Wins pay even money.
Don't Pass Odds
Also known as 'Laying The Odds', this be is the opposite to Taking the Odds and wins if a 7 is rolled before the point. In most cases this bet can be a multiple of your Don't Pass bet. The pay out depends on the point with the most common being 1 to 2 (4 or 10), 2 to 3 (5 or 9) and 5 to 6 (6 or 8).
Come
The same as the Pass Line Bet with the exception that it can be made at any time after the point is established. The bet wins if a 7 or 11 is rolled and lose if a 2, 3 or 12 is rolled. If any other number is rolled this becomes your point. You win if your point is rolled before a 7. Pays even money.
Don't Come
The opposite of the Come bet and can be made at any time after the point is established. Wins if a 2 or 3 is rolled and loses if a 7 or 11 is rolled. If a 12 is rolled the bet pushes. If a point is established you win if a 7 is rolled before your point. Pays even money.
Place Bets
A bet made on 4, 5, 6, 8, 9 or 10 that can be made at any time. Wins if the number is rolled before a 7. This bet is the same as the odds bets but with lower pay outs. The standard pay outs are as follows 9 to 5 (4 or 10), 7 to 5 (5 or 9) and 7 to 6 (6 to 8)
Place Bets To Lose
A relatively rare betting option found at some land based casinos but quite common online. This bet is the opposite of the Place Bets. The bet can be made at any time and wins if a 7 is rolled before your number. Pay off are usually 5 to 11 (4 or 10), 5 to 8 (5 or 9), 4 to 5 (6 or 8).
Buy Bets
These bets are similar to the Place Bets with different pay offs. A Buy Bet can be placed at any time on any of the points. This bet wins if the point is rolled before a 7. Pay offs are the same as the odds but casinos take a 5% vig on the bet. Wins pay 2 to 1 (4 or 10), 3 to 2 (5 or 9) and 6 to 5 (6 or 8).
Lay Bets
The opposite to the Buy Bet. A Lay Bet can be placed on any point and wins if a 7 is rolled before the point. Due to the fact that a 7 being rolled is more likely the casinos take a 5% commission on the amount that can be won. Pay off are 1 to 2 (4 or 10), 2 to 3 (5 or 9) and 5 to 6 (6 or 8).
Big 6 and 8
A bet on Big 6 or Big 8 wins if a 6 or an 8 is rolled before a 7. These bets pay even money and should be avoided as you can make the same bet on the Place 6 or 8 and get better pay offs.
Field Bet
The Field betting areas is a big section on the craps table. A bet placed on the field wins if the next roll is a 2, 3, 4, 9, 10 or 11. If the next roll is a 3, 4, 9 or 11 you win even money. If a 2 or a 12 is rolled you win 2 to 1.
Hardways
There are four possible hardways bets (2-2, 3-3, 4-4 and 5-5). Hardways bets can be made at any time and win if the selected hardway rolls before a 7. The bet loses if a 7 is rolled or if the total is rolled with a different combination. Hardways 6 and 8 pay 9 to 1. Hardways 4 and 10 pay 7 to 1.
Any 7
Wins if a 7 is rolled and loses if any other number is rolled. Pays 4 to 1.
Any Craps
Wins is a 2, 3 or 12 is rolled and loses on any other number . Pays 7 to 1
Two Craps or Aces
Also known as Snake Eyes. Wins if a 2 is rolled and pays 30 to 1.
Twelve Craps or Two Sixes
Wins if a 12 is rolled and loses on all other numbers. Pays 30 to 1
Three Craps or Ace Deuce
Wins if a 3 is rolled and loses on all other rolls. Pays 15 to 1
Eleven or Six Five
Wins if 11 is rolled and loses on all other rolls. Pays 15 to 1
Horn Bet
The Horn Bet is actually four bets in one. You are placing one betting unit on 2, 3, 11 and 12. If 3 or 11 is rolled wins pay 3.75 to 1. If 2 or 12 is rolled wins pay 7.5 to 1. Any other number rolled and the bet loses.
Is this true?
If not true, does anyone have a list of Vegas casinos that charge lay vig only on a win, or will I need to call each casino (and what kind of run-around can I expect with such a question given they don't seem to publish these rules on their websites)?
I think the sister site here indicated this:
'Lay bets are like laying the Odds or Place to Lose bets, except with different odds. The concept is that they pay fair odds, like Odds bets, except you have to pay a 5% commission to make the bet, based on the win amount. This commission is usually non-refundable. However, at some casinos, the commission on the 4 and 10 is charged only on a win. The following tables show the house edge both with the commission always payable and after a win only.'
It also indicated there's a complete guide to Vegas playing conditions here, but I can't find it:
'The Casino Royale, which offers 100x odds. For complete playing conditions in Vegas please see my new Vegas craps directory.'
Craps Lay Bet Vigilante
It also indicated there's a complete guide to Vegas playing conditions here, but I can't find it:
'The Casino Royale, which offers 100x odds. For complete playing conditions in Vegas please see my new Vegas craps directory.'
There is this guide to odds offered, not sure if that's what you want?
LAS VEGAS CRAPS SURVEY
Most local places are fair and lenient, that is 'vig is paid only if bet wins.'
I would say most casinos in Vegas and all 'locals' casinos in Vegas will charge you the 'vig' only if the bet wins.
Oh there might be one or two places you could find that might differ, but you would have to really search to find them and once you found them all you would have to do is go next door to get away from them.
>Fiesta Henderson is 10x odds, vig on win only, field pays 3:1 on 12 2:1 on 2,
>and place 4 & 10 are treated as buy bets for better value at $10 and above.
Thats about it all over, though if you look at the craps survey you will see that SOME places are stingy in the field and other places are going to have slight variations.
Most people choose where to play for other reasons, such as the ODDs offered, the comp rate, the buffets offered, the parking, their wife's preferences, etc.
I imagine it will now be the same at Fitzger....errr, The D.
Add Golden Gate to the list of confirmed vig on win only casinos...I was buying 4 and 10 for 25 and dropping a buck on a win, however I don't know at which point they would start rounding up...you may be able to buy up to 39 for just a dollar on the win, I don't know how that works for lay...do you pay 5% of the bet amount or the win amount?
I imagine it will now be the same at Fitzger....errr, The D.
You pay the 5% on the win amount for lay bets.