The game of craps has a wide variety of bets to choose from. Some of them bear a striking resemblance, which is precisely what makes craps so difficult for players who are not familiar with this casino game.
Bets placed on the Buy Bets are listed here.
Unlike the Place bets, which pay out odds based on actual odds, the Buy bets require players to place their chips in a different location on the table.
Because this is not a self-service bet, the dealer should perform this task.
You must put your chips in the Come box in front of you and explain to the dealer what number you want to Buy in order to get the dealer’s attention. This was followed by a special “Buy” button being placed on top of their chips in order for them to purchase the chips from the dealer. Only at land-based casinos can you do this because the process is much quicker and easier to complete online.
The Buy bets can also be increased, decreased, or removed at any time because they are so similar to the Place bets. The tax is also returned to the player if they paid the vig commission upfront and later decided to remove their bet. On the opening roll of a new game, buy bets are also considered to be off.
The Buy bet has the advantage of paying true odds, meaning there is no house advantage, which makes it one of the most advantageous wagers in the game of craps.
Even if there is no house advantage, the casino still makes money on that wager, regardless of how great it is. Even if the casino does not have an advantage, the so-called “vigourish” taxes allow it to make a profit. In a nutshell, this means that casino payoffs are lower than their true odds, but the bets are still favourable.
Buy bets on 4 and 10 are better than Buy bets on 5 and 9 in this regard. However, the house advantage on 6 and 8 makes the Buy bets on 5 and 9 better than those on 6. Buy bets can be better or worse than Place bets depending on the number a player chooses to bet on and the amount of money wagered.
Casinos may have minimum buy bets, which players should be aware of. If a certain Buy bet must be made at a minimum price, then Place bets are often preferred over Buy bets.
Buy the 4 and/or 10 at the same time
So that they can encourage more bets, the casino allows players to “buy” a certain number (in this case, 4 and/or 10). As a result of this bet, the casino’s edge drops from 6.67 percent to 4.76 percent, a significant reduction.
Players who wish to purchase the 4 or 10 must pay a 5% commission to the casino. As previously mentioned, this is the “vig” tax.
Instead of paying out 9:5 on a Place bet, the casino will pay out 2:1 if a player buys a 4 and it wins. A “buy” button is added to the wager when a number is purchased. After a number of rolls, if the wager does not win or lose, the player may remove their wager and receive a refund of their commission.
When a player opts to purchase the 10 instead, their commission is also 5 percent. As previously mentioned, the house edge has been significantly reduced from a percentage of 6.67 to a percentage of 4.76.
Shopping for either or both of these items
Accordingly, the 5 and 9 Buy bet, while not the best option, is still a better option than the 6 and 8 Buy bet. It’s important to keep in mind that both the size of your bet and when the vig commission is due are factors in the outcome. The Buy 5 and/or 9 bet has a true odds of 3 to 2. On the other hand, the Place odds are 7 to 5.
If the player wagers $10, the winnings from both bets are the same. Players can, however, improve the Buy bet on the numbers 5 and 9 over the Place bet by increasing the bet amount they are willing to risk.
However, if the casino demands the vig commission up front, the Buy bet could become a worse wager than the Place bet. Place bets on 5 and/or 9 have a casino advantage of 4.00 percent, while Buying for 5 and/or 9 with the vig up front has a casino advantage of 4.76 percent.
Buying the 6 and/or 8
Craps players who don’t want to bet too much money should avoid the Buy bet on 6 and 8 because it’s usually worse than the Place bet. Even though experts couldn’t make a direct comparison with the same bet amount, there are enough differences between the Place and Buy bets on the questioned numbers for them to do so in an indirect way.
Since the true odds are 6 to 5, the player’s wager needs to be at least $5. Place odds are 7:6, which means that the player’s bet should be a multiple of $6. On the other hand,
Overall, the Buy bet on numbers 6 and 8 is considered less advantageous than the Place bet.