1/10/2021 Craps Lay Bet Strategy
Craps can be a daunting game for most including ourselves if we are honest and is not a game we normally play but here is the craps lay bet strategy and explanation of what exactly a lay bet is in craps.
Craps Lay Bet Strategy
When placing lay bets on craps you have no complicated or confusing bet combinations or hedges that are needed. Placing more than one bet will obviously reduce your odds of making a profit.
So what is a craps lay bet?
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. Wanna know the secret that craps pros use to maximize profits when they lay the four or ten? If you ask the dealer before you bet if you can lay the four (or ten) for $50 and pay.
Wanna know the secret that craps pros use to maximize profits when they lay the four or ten? If you ask the dealer before you bet if you can lay the four (or ten) for $50 and pay. Betting both the (6) and (8) gives you a 10 to 6 advantage of one of your numbers hitting before the (7) The house edge on place betting the (6) or (8) is only 1.52%, one of the lowest on the table; If the toolbox of strategies you bring to the craps tables does not include a (6) and (8) strategy, then it might be time to find one that works. If Lay bet is hit, replace it. Maintain until 6 or 8 is hit the first time. Collect the winnings, take down the Lay bet, and make the two Place bets look like $6. If you get two additional hits on the 6/8 Place bets, press one of them on the third hit, rack the fourth win, and press the fifth win. (Note: keep the 6 and 8 place bets level with.
A lay bet is the opposite of a back bet in craps just like in most games that you can place lay bets on. As always it is also an easy way to get favorable odds of the selection you choose not to win giving you a high strike rate.
A craps lay bet is a bet that a 7 won’t be rolled previous to the number that you have your money on.
So you can choose 4, 5, 6, 7, 8, 9 or 10 and place a bet in the designated area on the table. An example can be seen above in the main picture.
There are 6 ways that the dice can be rolled to total 7!
When this is compared to the 5 ways that a 6 or an 8 can be rolled, the 4 ways in which a 5 or a 9 can be rolled and the 3 ways in which a 4 or a 10 can be rolled you can see why many craps players choose to place lay bets.
Craps Lay Bet Strategy Odds
These figures are the basis of how much you are favored to win.
Lay bets offer true odds but there is a downside – the vigorish!
Place And Buy Bets CrapsThe downside of lay bets on craps – The vigorish!
While lay betting on craps offer true odds this gives the casino no edge so therefor they collect a vigorish (vig).
To get around this the casino’s take the vigorish which is 5% of all winning bets.
So say you place a lay bet of £40 on 4, and the shooter rolls a 7 then you will win £19. So your £40 pays 1 to 2, which makes £20.
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The “vig is deducted from that amount, so 5% of £20 is £1. Your win will be £19 and you will get £59 back, your winnings and the original £40 staked.
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