Learn to Play Casino Craps : The Lay Bet

Be smart, play smart, learn how to play casino craps the right way!

The Lay bet is for the 7 against your chosen number (i. e., the 4, 5, 6, 8, 9, or 10) and the settlement is according to true probabilities. It’s the opposite of the Buy bet, just mpo slot like the Don’t Pass is the opposite of the Pass line. For example, if you Lay the 10, you hope a 7 shows before the 10; whereas, if you Buy the 10, you hope a 10 shows before the 7.

The Lay bet has the same vig as the Buy bet, but it’s based on the win amount, not the bet amount. For example, suppose you Lay the 4 for $100. The actual settlement the probability is 1: 2, which means your winning $100 Lay bet pays $50. The vig is based on the $50 success, not the $100 bet. So, the vig is $2 ($50 x 5% = $2. 50, which is circular down to $2), instead of $5 ($100 x 5% = $5).

Lay proposition wagers are often called “No” proposition wagers. For example, suppose you play for three hours and not a single 5 shows. You select you’re in a bizarre, anomalous blip of the distribution where the number 5 is absolutely not going to show no matter what the craps gods do. You want to take advantage of that anomaly so you drop $75 in the Come box and tell the dealer, “Give me a No five, please. inches The dealer moves your chips to the 5 point box and puts a LAY button on top. Lay proposition wagers sit in the same locations as Don’t Come with Probabilities proposition wagers. Sure enough, the 5 doesn’t show and the player with the dice rolls a 7-out. Your $75 Lay bet wins $50 (i. e., the actual the probability is 2: 3, so $75 divided by 3 = $25, multiplied by 2 = $50). You must also pay the 5% vig on your success. To make it easier for himself, the dealer will likely give you two $25 chips for your success and say, “Drop me two dollars, please, inches rather than count out $48 in chips. In this case, you simply drop two $1 chips in the Come box and then pick up your two $25 chips.

Unlike Buy proposition wagers, Lay proposition wagers are maintained and working on the come-out roll of a new game. However, you can always turn them off and on whenever you want. Typically, players leave their Lay proposition wagers on and doing work for the come-out roll because they have the advantage over the house (i. e., there are always more ways to produce a 7 than any of the point numbers). Another reason–a silly reason, but reasons nonetheless–is because everyone is typically rooting for a 7 on the come-out (most people play the Pass Line, so a 7 on the come-out is a winner for them). With all that positive mojo at the table, a 7 is likely to show, so leave your Lay proposition wagers doing work for the come-out roll of a new game. Seriously, you should leave your Lay proposition wagers working on the come-out not because of table mojo, but because you have the advantage over the house.

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