So, in case the player buys the 4 and this bet wins, the casino is to pay the correct odds of 2:1 instead of paying the Place bet pay-off of 9:5. this is exactly the so-called “ vig” tax that was mentioned above. In order to buy the 4 and/or the 10, the player is required to pay the casino a commission of 5%. This kind of wager actually effectively reduces the house advantage of the casino from 6.67% to 4.76%, which is a considerable drop.

Normally, the casino allows players to “ buy” a certain number, in this case, the 4 and/or the 10, in order to encourage players to place more bets. For example, a certain Buy bet should be made at a minimum price, which is exactly why Place bets are sometimes more preferred than Buy bets. Players should also be aware of the fact that some casinos have set minimums for their Buy bets.

When compared to the Place bets, Buy bets could be both better or worse depending on the number a player has chosen to bet on as well as on the bet amount. On the other hand, the Buy bets on 5 and 9 are better than the ones on 6 and 8 as the house advantage of the latter increases. In addition, Buy bets are better on 4 and 10 when compared to the Buy bets on the 5 and 9. This basically means the payoff of all casinos less than the true odds, but still, the bets are some of the more favorable ones for the player. To be more specific, the casino may not have an advantage, but it makes a profit from the so-called vigourish or “ vig” taxes.

What is truly important about the Buy bet is that it could be considered one of the most favorable wagers in the game of craps due to the fact that it pays true odds, which basically means there is no house edge.Īctually, no matter how great it is that there is no house advantage, this does not mean that the casino does not make money on that bet. Buy bets are also considered off on the come-out roll of a new game. If they paid the vig commission up front and later made a decision to remove their bet, the tax is also returned to the player. In addition, since the Buy bets are pretty much similar to the Place bets, players are allowed to increase, decrease or remove them whenever they like.

Where does dealer place come bets