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Craps
Buy Yourself a Better Bet
| by Larry Edell, published on Wednesday,
October 3 2001 |
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| Plus, there are two secrets about buy betting which
you'll learn in this article so you can make even more profits! When you
place a bet you do not get the number's true odds, unless you buy the
bet. If you place the 4 or 10 you get 9:5 odds instead of 2:1, and on
the 5 or 9 you get 7:5 instead of 3:2. In order to buy a number, though,
the casino requires a 5% commission or "vig". You need to make this
extra dollar or two turn from an advantage for the house to an advantage
for you. For example, if you were to place bet $40 on the ten or four
you would win $72 at 9:5 odds. However if you were to buy the four or
ten for $40, you would pay a $2 vig (5% of $40) and win $80 at 2:1 odds
so you would win more than you would have with a regular place bet. If
you placed $50 on the five or nine you would win $70 (at 7:5) but if you
bought the same number you would win $75 (at 3:2). Now here's where the
first "secret" comes in. Many casinos will let you buy a bet for the
same commission, but at a higher dollar level than 5%. Lets look at the
four and ten. The $2 vig mentioned before (5% of $40) would turn into $3
if you bought the four or ten for $60. However, most casinos will let
you buy the four or ten for $50 (instead of $40) and still pay only the
$2 vig! Buying the 4 or 10 for $50 will return $100 (at 2:1) instead of
$90 (at 9:5). On the five and nine, you will pay a $3 vig (rounded up
from $2.50) on a $50 bet. But you can ask if you can buy the five or
nine for $70 and still pay only the $3 vig! Buying the 5 or 9 for $70
will return $105 (at 3:2) instead of $98 (at 7:5). Now, the second
"secret" involves splitting your buy bets. For example, some casinos
will let you buy both the four and ten for $25 each and still only
charge the $2 vig! This way, if both the four and ten hits, you'll win
$100 instead of $90. And, some casinos will only collect the vig if you
win. These methods are not normal procedures, so you have to ask before
you make your bets. Buy bets are almost always more profitable than
place bets, except for the six and eight. If you don't know how much to
bet, just ask the dealer, and he'll be glad to help. So, the next time
you consider a place bet on the 4, 5, 9 or 10, try buying the number
instead. You'll win more, and every single dollar counts - especially if
it ends up in your pocket rather than the casinos! And, as always, good
luck at the tables! |
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