Lay Bets are the opposite of the Buy Bets, except Lay Bets are wagering against the shooter. Like a buy bet, a Lay Bet allows a gambler to be paid true odds. To receive those nice votes, the craps player pays a 5% commission on their winning bets. Lay bets are made on one of the 'point' numbers: 4,5,6,8,9, and 10.
- The Lay 6 and Lay 8 bets pay out 19 to 25 and have a house edge of 4.00%. The Lay 5 and Lay 10 bets pay out 19 to 31 and have a house edge of 3.23%. The Lay 4 and Lay 10 bets pay out 19 to 41 and have a house edge of 2.44%. Readers might wonder why the lay bets have a posted house edge, if we said earlier that these wagers pay true odds.
- This bet would be perfect if it wasn't for that commission. The lay and buy bet is almost like a shortcut to the free odds bet, but you have to pay a price rather than just doing it straight from the pass line bet, where you can get around the commissions and also get much better overall odds anyways.
Craps Lay Bet Calculator Formula
Craps Lay Bet Calculator Online
That means there are six different lay bets: The Lay 4, Lay 5, Lay 6, Lay 8, Lay 9, and Lay 10 wagers. Blackjack foxwoods vs mohegan sun. Seneca niagara falls poker room. As an example, to win the Lay 8 bet, the shooter needs to roll a 7 before they roll an 8
- The Lay 6 and Lay 8 bets pay out 19 to 25 and have a house edge of 4.00%. The Lay 5 and Lay 10 bets pay out 19 to 31 and have a house edge of 3.23%. The Lay 4 and Lay 10 bets pay out 19 to 41 and have a house edge of 2.44%. Readers might wonder why the lay bets have a posted house edge, if we said earlier that these wagers pay true odds.
- This bet would be perfect if it wasn't for that commission. The lay and buy bet is almost like a shortcut to the free odds bet, but you have to pay a price rather than just doing it straight from the pass line bet, where you can get around the commissions and also get much better overall odds anyways.
Craps Lay Bet Calculator Formula
Craps Lay Bet Calculator Extra
Lay Bet Like the Buy bet, the Lay bet can be taken on any Point number and is a wager that 7 will come out before the Point. Again the odds on this bet are fair and as such the casino has no House Edge. The value to the casino comes from the 5% commission they charge.