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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 compensation is according to true chances. It’s the opposite of the Buy bet, similar https://aurampo.xn--9dbq2a/ to 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 truth compensation chances are 1: 2, which means your winning $100 Lay bet pays $50. The vig is based on the $50 earnings, not the $100 bet. So, the vig is $2 ($50 x 5% = $2. 50, which is round down to $2), instead of $5 ($100 x 5% = $5).

Lay table bets are often called “No” table bets. For example, suppose you play for three hours and not a single 5 shows. You opt for you’re in a odd, anomalous blip of the distribution where the number 5 is just 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. inch The dealer moves your chips to the 5 point box and puts a LAY button on top. Lay table bets are situated in the same locations as Don’t Come with Chances table bets. Sure enough, the 5 doesn’t show and the present shooter rolls a 7-out. Your $75 Lay bet wins $50 (i. e., the truth chances are 2: 3, so $75 divided by 3 = $25, multiplied by 2 = $50). You must also pay the 5% vig on your earnings. To make it easier for himself, the dealer will likely give you two $25 chips for your earnings and say, “Drop me two dollars, please, inch 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 table bets, Lay table bets are continued and working on the come-out roll of a new game. However, you can always turn them don and doff whenever you want. Typically, players leave their Lay table bets on and earning a living for the come-out roll because they have the advantage over the house (i. e., there are always more ways to create a 7 than any of the point numbers). Another reason–a silly reason, but grounds 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 will show, so leave your Lay table bets earning a living for the come-out roll of a new game. Seriously, you should leave your Lay table bets working on the come-out not because of table mojo, but because you have the advantage over the house.

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