Lay Bets - craps payouts
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- เผยแพร่เมื่อ 26 มิ.ย. 2019
- Lay Bets - craps payouts are the opposite of Buy bets. You are betting the seven will show before one of the point numbers. Lay bets pay at the true odds of hitting the number, much like an odds bet. The casino is not going to allow you to make essentially free bets, so lay bets have a commission or vig of 5% Some casinos are going to ask for the vig when you make the bet, or upfront, and keep it whether you win or lose. Other casinos only collect the vig after you win the bet. Some casinos have different minimums for their Lay bets and may be higher than the table minimum.
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1:20 "The casino is not going to allow you to play a fair game."
A blanket statement that applies to every game in every casino.
It's TRUE, but that's in the long run.... its doesnt apply to the short term.....
Always worth the refresher course, thanks for the video sir
Nicely done. Thanks, Jeremy.
I did a "test roll" at Red Hawk Casino, Placerville, CA using a simple "Lay 4" strategy for about 3 hours with a $300 bankroll, $5 table minimum and $40 bets. The vig. was taken out up front. I netted about $140. ( I also played Ace-Duce side bets for $1 from time-to-time and hit once so the net figure is within a few dollars of the actual figure netted on the lay 4 bets.)I was a definite grind, but I think it would be a good hedge with a more aggressive strategy.
Wow, I'm the 4th comment! I love your videos. Always great content. -- These people, and their 7's. Don't they know that any bet is a risk? -- I've never made a lay bet before, because of the reversed odds. But, this refresher... it reminds me of how I hedge on Roulette with betting 2 & 3rd twelve. Betting 10 to win 5, or betting 20 to win 10... but with a 2/3rd chance to win.
About 6 years ago I made a $700 lay on the 4 at Rivers in Des Plaines Illinois I was happy to win $350 but they made a mistake and charged me a $35 vig based on my $700 lay. I explained to them but I couldn't win the argument against the boxman and casino staff. I took my winnings and left.
Thanks for the knowledge
A Nicely Done Explanation, Thank you
Cool, thanks for watching!
Since lay and buy bets are related, and come bets and dc bets are related. What is related to place bets?
great video, now I know how it works. not sure if I would do lay bets. I still like the iron cross best
I don't do lay bets just because of the larger upfront investment
Good info. thank you
I live in the Chicago-area and lately our local casinos and the casinos in Indiana have implemented $25 minimum bet craps tables, I was wondering if you had any strategies to help make $100 or $200 last a long time at a $25 table for those of us that like to play the pass line with place bets or come bets. I really dislike playing at $25 tables but it's all we really have available, the comments seen at these tables are point 7 out.
Great video, clear info thanks a lot.
Glad you liked thanks
Headed to Vegas tomorrow...your vids are primo. I always lay the 4 as my first bet on the table to get me warmed up. Before the new roll, the advantage for the darkside player is 2:1/66%. But that number increases after the four comes out. Lay the 4 or 10 after they show. If you see them come out twice during the roll of an average shooter, then increase your bet. I never lay if I know a dice setter is rolling, especially if the shooter has a huge stack of chips.
Great tip! Hope u did well in Vegas. Headed to Laughlin this Sunday. Trying to gather more knowledge on betting.
"But that number increases after the four comes out." Sorry, but all rolls are independent of the previous result.
@@Johannes00, he is speaking on the experience and casino he goes to. Doesn’t sound like you have either!
@@Ericwkgnil Gambler's Fallacy.
@@Johannes00 ever heard of of this saying, "if you have no business in this then leave!"
Awesome info! Do you have any strategies that utilize lay bets vs buy bets??
Yep, they coming just wanted info out first so I can refer people with questions
Color Up thanke great video
Perfect! Great video. Can you do the same for Come Bets and Don't Come Bets, both with and without ODDs. Or is that just redundant? Thanks.
I cover come and don't come pretty thoroughly in my beginner how to series
Okay
Thank you.
Question : Lay Bet are ON for the Come Out roll... and a 7 (which wins for the table) wins for you?
Do you think it'd be worthwhile to do an episode about rounding in general?
Have you done any videos where you Layed either the 4 or 10 to hedge your inside place bets?
I think so, not sure which ones, would have been older videos
Laying the 4 and 10 on the come out roll is real smart because that's when the 7 comes up the most whether you're playing the pass line or the don't pass it could be a slight hedge. Also, laying the 4 or 10 after the come out roll when either comes out twice before the 7 is a good idea
Doesn't matter when you make the lay bet, the seven has a 1 in 6 chance of showing on every roll.
@@ColorUp question. If you make a lay bet Like for example the 4 and 10 Should you take it down at any point?
@@DonovanF well it doesn't change odds or math any, if you feel like the number will be hit take it down, otherwise the 7 is most likely number to be rolled, so chances are its better to leave up than take down, thats the tricky part of gambling ha
@@DonovanF remember...if you lay BOTH the 4 and the10 you now have six chances to lose and six chances to win. make sure you're ok with that.
Good teaching
Usually not my thing because the minimum for these are so high. BUT i sometimes will do it if there is 1 number to hit to make them all. So if there is only the 9 left to hit for the all, I'll probably lay that because its a win win for me.
Yep, common strategy
Quick question: How is a lay bet affected by the come out roll? Let's say I have a lay bet on the 4...does a 7 on the come-out roll win (as long as I didn't tell the dealer to make my lay bet OFF)? Is my lay bet on 4 not affected by any other number on the come-out roll (except 4)?
You got it. A lay bet is always working whether come out roll or not. And only the number bet against and 7 matter. Any seven will win, hitting the number will lose.
One fun lay bet a person can do. Is lay bet all the numbers before the shooter rolls on the come out roll. If a shooter rolls a point you will only lose one of your lay bets. Shooter rolls a craps 2 or 3 or 12 then your in trouble, unless you have some chips on 3 bad craps numbers as a hedge which is located in the horn bet area.
Typically called “laying the back wall” but a roll of craps, would not effect any of these lay bets.
@@ColorUp Thanks! that I didn't know. I knew that for when the point is established, learn something new everyday.
Question here: Am I able to turn a lay bet on during a come out roll? If I'm able to and if a 7 rolls, am I paid out or is my bet lost to the casino? (I don't know if this is allowed or not)
Lay bets are always on by default anime yes it would win on a come out 7
how do you calculate the exact amount of bet you have to place in order to win what you want? & same question with the Buy bets???
You would use the odds on the bet to calculate what you win.
You can make a Lay/No bet at a stadium style craps machine at one of my Casinos for the minimum of just $5 which is nice because then you can do a martingale system before you get into big money.
Another reason I like the craps machines, you can make bets with lower limits, and "incorrect amounts" because they pay to the penny usually.
@@ColorUp Correct, paying to the penny, lower limits and a lot of other advantages that you get with craps machines and dont get at the tables along with disadvantages and annoyances.
When I make this bet at ceasers property, they expect the commission up front and they keep it if you lose.
Yep, probably the most common way i think
Is it possible to lay bets like "place bets?" Meaning it pays 6:7 on the 8 rather than 5:6 with 5% vig
There is a such thing as “place to lose” bet. But wizard of odds website says only available in Australia
2 Questions: What about place to lose? What are their house advantages/payouts?
He explained it in the beginning of this video; at around 2:55 marker.
It's called a Lay bet.
Have you ever done a video on testing out the following strategy (I've come up with this idea as I watched this video):- Lay the 4 and 10 AND Place the 6 and 8. I think this strategy might work under the theory that a shooter keeps rolling 6,7,8. Would be interested to see such video.Thanks. Love your videos. Keep it up!
I’ve done similar I believe, but never with the thought of “betting on the 3 most probable numbers to be rolled 6/7/8” thx for sparking thought process for me, might need to make video with that in mind.
@@ColorUp Is this the strategy you developed for use in your challenge against Throwing Thunder? It is an intriguing approach (except when the 5 hits about 20 times...)
Well, I did just give it a try because fresh in my mind
That's no different from any other strategy.......
th-cam.com/video/C76fvxCgX_A/w-d-xo.html
Good video. A couple thoughts.
1. The higher min for lay bets makes your cession bankroll larger.
2. The larger ying/yang for craps, there’s no trend other than instincts.
3. Why even do DC and COME bets if you can lay them?
4. Why even play the pass line for 10.00 or a low amount? The opposite would be to parlay a winning point to the pass line bc of the 7.
5. A player can bet larger amounts on place bets then take them down instead of this come bet 10.00, why?
6. Betting the no 10 or 4 or any number on the come out for a 7?
7. We realize why these questions go around and around bc everything is random and instincts and how to leverage press houses money is the key. 😎
Yeah, no "right" answer - the dice results dictate
Come bets for the ability to add free odds and lower the house edge. DC bets once you get past the initial roll you now have a mathematical edge over the casino, vs lay bet that pays fair odds. I'm a dark side player and always lay the 4 for $60 on the come out roll with a $10 DP and take the bet down after the point's established. That way I net $20 when a 7 pops and shifts my risk to the 4 and 11.
@@Adambikesrochester Hedging doesn't work (ever). You end up with no change in house advantage with that strategy. But if it's fun, do it. :)
Adam Deutsch what does DP stand for ?
The lay bets pay the odds the DC pays 1-1 say the point is 4 a 7 rolls with the DC you are paid 1-1 ($10 pays $10) If I lay bet on the 4 it pays 1-2 ($10 pays for a $20 bet minus the vig) So if the four hit I lose $10 on the DC but $20 on the lay.
Can you make a lay bet after the point is established?
Can make a lay bet at anytime
Two questions,
1) if the point is 4 or 10, do you do the other one?
2) when a new point is about to be rolled, is it in your advantage to keep it or remove it?
And finally my plan is to do $135 across, put $270 on lay 4 and $25 on hard 4, making it only the 1 and 3 where i lose. Thoughts??
Remove the lay? It’s always more likely to win vs lose, no matter when in the game. Many people play the hard way to hedge the number a little. Hedges protects if the hard number rolls, but don’t win as much if 7 rolls…so just depends what rolls.
@@ColorUp makes sense to me. I just wasn’t sure if any other roles hurt the lay bet when there’s no point. Like a snake eyes, three, 11 or anything like that. Also another question when doing 135 across how much do you put on each number? What if the point is for? Sorry for all the questions
So across bet means all the numbers, $160 across would be $25 on the 4,5,9,10 and $30 on 6/8. Most people play pass line and cover a number that way. So then it would be $135 across, or $130 across if point/pass line bet is on the 6 or 8
Can I bet on the 4 and 10 lay bet PLUS bet on the 6 and 8??
Sure can and a nice way to approach the most common numbers (betting with the 6/8) to roll and the least common (betting against the 4/10)...of course it still just depends on how the dice roll.
Can you make a lay bet and a don't pass bet at the same time?
Yes
If I lay 370 across 50 on the 4 and 10 75 on the 5 and 9 and 60 on the 6 and 8 and I had to pay the vig up front is the vig 10 dollars total or 12
It will depend on the casino and whether they round up or down. Based on $25 win the vig is $1.25. I think most would round down to $1. On $50 win the vig is $2.50, so they could round to $2 or $3
@@ColorUp thanks
nice video
Why do I not see strategies that involve laying all six numbers? It seems like that would be an easy payoff.
Not sure, you certainly could. if the average roll is 8.5 rolls, that means people at least roll a couple numbers, and so some of those lay bets would lose. There is no easy way to win in the game of craps, everything has been tried. Casino always has an edge.
does the vig % vary or is 5% a standard?
Always 5%
I love this video! You ever run this strategy: place the 6 & 8 for $18 each ($36-total) then lay $40 against a 4. Hit your 6 or 8’s twice collect $21 each time for $42 total, take place bets off. Then if 4 hits you made $2.
If 7 hits your up $19 ($20-$1 vig) for $61 total profit! You’re also partially hedged from any PSO for a small loss of only $17. Lose $36 placed but win $19 on NO 4. Your thoughts?
You know what…you caught me at right moment. I think I’ll film this today
@@ColorUp Wow, that’s cool Jeremy. Maybe throw in a $5 hard 4 as a hedge against the $40 lay bet also. Only 1 dice combo can take it down, the ACE-3.
Filmed it, did mention hardway, but didn’t play it. Good thing, rolled multiple easy 4. would have been throwing away extra money ha
Do you have a Lay strategy?
Im sure I have done a couple vids with lay bets, but not many and need to do more for sure.
Need the live streaming
🤣ty
Yes I do. It’s coming.
Can you put odds on a Lay bet? So $50 on the 4 with $100 in odds? Would that just pay $75? The same as just Laying $150?
That's a don't come that you would be able to place odds onto.
Adam Deutsch ok
@@BDiLL22 and I'd recommend keeping it a flat bet if you bet the don't. If you're playing right-sided, it makes sense because it lowers the house edge. If you lay odds onto a don't bet, you still have a mathematical edge, but it gets reduced. I'll do my best to math the shit out of it haha.
Take a don't on the 4 for $10. You're a 2 to 1 favorite getting paid $10, 1:1 or 100%. You lay 2x odds, $20 additional dollars for $30 all day. You're now getting paid $20 on $30 or 66% on a bet you're 75% to win on. I prefer to keep my edge on the house as high as possible.
Adam Deutsch Ah ok... I got it!
I have yet to see a casino that allows you to pay the vig after the win on a Lay bet. The edge is already in the players favor so that need there money asap.
The dice probability is in the player favor but the edge would be even without the vig. You have to lay more to win back less. They will collect their vig, and gain their edge.
There are lots of casinos in Nevada that only collect the vig on wins.
@@jimklemens5018 we are just talking about Lay bets not Buy bets. So we are betting with the seven. Been to vegas plenty of time and always needed to pay the vig first on any Lay bet.
I occasionally play the dark side. But yeah those high minimums that are above table minimums make it expensive. The casinos really want to make it as easy for them to profit from us as possible, don’t they?
They are not charity organizations, they are there to provide us entertainment, but also to take our money :)
So what’s the difference between a lay bet vs a don’t come bet????
don't come the dice chooses number you bet on, house edge lower, you can bet at table minimum, and there is no vig, Lay bet you can choose the number, but have to pay a vig, and usually might have to bet a minimum of $40
Color Up So which one would you say is more “economical”?
@@michaelrodriguez6984 economnical would be the don't come, on a $5 table you can play as little as $5, a lay bet would still be $40 on a $5, $10 or $15 table
So if the #5 is ON, can I bet my usual #6 & #8 but also lay on the #4 to increase my chances of winning before the 7 hits?
Yes
@ColorUp is that a common strategy or is it not recommended?
@@saulito4554 I wouldn’t say common but useful. It moves risk from 7 to the lay 4. Meanwhile hopefully you can win with your 6/8.
@ColorUp last question, on that same thinking, if the #5 is ON and I lay #4 and place my bets on 6/8, can I increase my chances of winning by also betting on 9/10? Essentially covering most of the board besides the ON #5 and hoping #4 doesn't hit before the 7?
@@saulito4554 more numbers you bet, more dice combos to win, but also more at risk if 7 rolls. Check out one of my latest videos. I do something similar. Strategy I Switched to and Won!
th-cam.com/video/cG8gR8KbnrE/w-d-xo.html
How come I never see anyone Laying numbers? Is it just an uncommon thing to know?
I’m not sure the answer.
Most players are right bettors. Usually a lot less don't action at the table.
Right but why? I guess just traditionally played that way
@@ColorUp quick question just got off a Cruise an me an pit boss was talking he told me to bet like this bet on the dt come an lay the 4 an make place bets on the 6&8 what's your take? In Wv we have 5 dollar table so what is the dollar amount I should bet on this combination? Be alittle conservative... thank you!!! Love your vids!!!
@@ColorUp It's about the action. You plateau on the don'ts and look for a seven. But right bettors crave action and you can catch a streak and build. That's my observation, and heavens, I am just as likely to bet with the crowd.
can i lay 4&10 for 100 and only pay 2 dollar vig
Depends. Some places will charge a “total” for both vigs. Seeing as you’d win $50 total they should only charge $2. Now if you lay 4&10 for $100 a piece for a $200 bet they’d charge $5 for a $100 win. Now if you bet them separate, say you lay the 4 for $100, they’d charge you $2. Then a few rolls later you lay the 10 for $100, they may charge you $2, but they might ask for $3, seeing as you’d win $100 total making it a $5 vig. So it’s a bit of a gray area. But pay attention to what they charge, because if you remove the bet before it wins, they will return you vig as well. So make sure you get back the proper amount. I know it’s only pennies in the grand scheme of things, but hey! $2 is $2!
@@mvondrak thanks matt on a 80 dollar lay on 4 i pay 2$. If i can get away with laying 100$ 4 for 2$ vig i save 50 cents
joseph labounty in reality could lay them for $98 apiece winning $49, or $98 total, I’d only charge you $4 for the total. Just a easy way to maximize your potential.
Good video because you planned and executed a script.
4m views nice work!!!!!
crazy to think that many views on my hobby of making simple videos about a game I like to play
Color Up do what you love and you’ll never “work” a day in your life
i dont understand...
Bet against a number, that the 7 will show before the number you bet against.
Is that an Ohio State jersey?
Yep
@@ColorUp Go Bucks! I'm from/live in Columbus
Lay $194 across for the come out roll, please 😂😂😂. One of my favorite plays!
With my like I would roll every number and knock of each bet.
@@ColorUp haha it happens. I usually pull them down after the come out
I have to know, how are you getting $194 across on a lay? closest I can figure is 24 on 6/8, 45 on 5/9, and 30 on 4/10 for $198, but that makes no sense. So I need to know, what are you placing that is getting $194 across?
How does it make any sense betting on something that gives you less money than your bet. You didn't do a good job explaining.
Sorry. It’s called betting on the favorite. Applies to boxing , football, anything really. When betting on favorites you win back less than you bet. In craps, a lay bet is favored to win this you get paid less. You can bet on the underdog and get paid more if that’s how you like to bet.
@@ColorUp I had to look it up. It works because you get your initial wager back when you win. Unless I overlooked it that piece of information was missing.
Well typically, “if it pays it stays” meaning bet would pay out profit and stay up. Of course you do have option to get initial bet returned to you.
@@ColorUp If you're teaching how something works you should be explicit how it works instead of assuming the viewer knows some unspoken rule of thumb that may or may not apply to a given scenario.
I explained it. 10s of thousands have took understanding from it. you are the first to claim I did a poor job. Some teachers are just not a good fit for how you learn. There are other teachers you can learn from.