Craps Place Bets Payouts
Craps Buy Vs Place Bets

Given a choice between place bets or buy bets, never buy the 6 or 8. Given a choice between place bets or buy bets, only buy the 5 or 9 if commission is paid after the win. If commission is paid upfront, place the 5 or 9. Always buy the 4 or 10, regardless of how commission is paid. Always buy in increments of at least $20. PAYOFF ON THE PLACE BETS. Place bet on 4 or 10. Every $5 increment will pay $9; For example, if the bettor bets $10, the payout will be $18. The reason why the ‘buy’ is better is because if the place bet on the 4 or 10 is $20, then the payout will be $36; however, a buy bet of $20+1 will pay $40.

debitncredit

WoO Craps page has the following:
6 and 8: Place bet always better.
5 and 9: Place bet always better, unless commission on Buy is on win only.
4 and 10: Buy bet always better.
What's the norm for commission on Buy in Vegas? Are the mostly uniform? or depends on which casino?

DJTeddyBear

Most take commission up front. But it varies from casino to casino. Sometimes even from pit to pit!

I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁

Ahigh

Vig up front ($1 minimum vig) -- vig returned if you ask for the bet back before the dice are thrown
Stratosphere (can combine vig -- eg buy the 4 for $10 and the 10 for $10 total $21 cost up front)
Jerry's Nugget (cannot combine vig)
Joker's Wild (do not know if you can combine vig - but doubt it)
Ellis Island (do not know if you can combine vig - but doubt it)
Automatic buy (EG: $10 pays $19, $15 pays $29) -- least hassle fastest way to do this
Silverton
Red Rock
Palace Station
<others may include Stations properties>
Buy starts at $5.00 with vig on the win (requires verbal request - not automatic - uses $0.25 chips) -- all the Boyd properties downtown -- Hawaiian's favorite
Main Street Station
California Casino
Fremont Casion
Vig on the win starting at $20 to $25 (depends on casino, but most are starting at $20):
Everywhere else
If you bet for a multiple of $20, the buy on the 5 and 9 with vig up front is the same, not worse. But in general the place bet is better because your vig is not rounded up in some cases. Also, if they round down, there may be a slight advantage at $25 and $50 buy bets on the 5 and 9. But NOBODY does it. Or VERY rarely anyway, and dealers and pit crews will likely complain if you ask them about it.

Nareed

FWIW, check out the bubble craps machines. The rules will vary by property, but at the Plaza, 4Q and Binnion's the vig is charged on the win only. Of course these palces are also limited to 2X on odds.

GWAE

FWIW, check out the bubble craps machines. The rules will vary by property, but at the Plaza, 4Q and Binnion's the vig is charged on the win only. Of course these palces are also limited to 2X on odds.

as a new craps player can someone explain the difference between place and buy? I was playing last week and a guy had a buy chip on top of his bets all of the time. He also tried to pre pay vig once and the dealers were all confused and said they don't do that.
What are the difference if pay outs for each?
$10 bet on each
4/10 buy vs place
5/9 buy vs place Craps Buy Vs Place

6/8 buy vs place Craps Buy Vs Place

I tried to read WoO but it didn't make sense to me.

Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW

FleaStiff

Start out thinking of a PASS LINE bet..
A PLACE bet involves YOUR choice of a number rather than the dice's choice but YOU pay for that privilege by getting a lower payout on Place bets.
A BUY bet involves YOUR choice of a number rather than the dice's choice AND YOUR choice to be paid the true and correct odds on the bet, which of course they usually only willing to do for a bit more money referred to as a commission. The dealers have their way of handling the commission and the Box and the Eye in the Sky will know what is going on when they see extra money going out because the dealers mark the bet with a little lamer saying 'Buy'.
Physically a buy bet and a place bet are positioned in the same manner, the buy lamer just means if it wins pay him the correct odds since that is what he has purchased with his commission.

Ahigh

One easy way to think of it is this:
When you have vig on the win (most common in Vegas) a buy bet pay different depending on how much you bet it.
$5 buy pays $10 - $1 = $9 (same as place bet)
$10 buy pays $20 - $1 = $19
$15 buy pays $30 - $1 = $29
$20 buy pays $40 - $1 = $39
$25 buy pays $50 - $1 = $49
$30 buy pays $60 - $2 = $58
$35 buy pays $70 - $2 = $68
$40 buy pays $80 - $2 = $78
$45 buy pays $90 - $2 = $88
$50 buy pays $100-$2 = $98
$55 buy pays $110-$3 = $107
$60 buy pays $120-$3 = $117
$65 buy pays $130-$4 = $126
$70 buy pays $140-$4 = $136
$75 buy pays $150-$4 = $146
$80 buy pays $160-$4 = $156
$85 buy pays $170-$5 = $165
$90 buy pays $180-$5 = $175
$95 buy pays $190-$5 = $185
$100 buy pays $200-$5 = $195
To figure out larger sized bets, you divide your bet amount by $100 and look at the pay for n times the $100 ($195 per $100 bet) plus the pay for the remainder.
So a $150 buy bet would pay $195 + $98 = $293
If you're not getting vig on the win (less common) it's not as good of a deal, and vig on the win is most common in Vegas, so this is what you really want to know for the bargains.
You want to generally get paid as much as you can just before the vig goes up. So $25, $50, and multiples of $20 beyond that, meaning $60, $80 and $100. They are going to round up typically on $75 . not down. But SOME places WILL charge a $3 vig on a $75 buy if you ask them first up front. Most dealers charge $4 vig for a $75 buy.
I hope this helps.

DJTeddyBear

Buy starts at $5.00 with vig on the win (requires verbal request - not automatic - uses $0.25 chips) -- all the Boyd properties downtown -- Hawaiian's favorite
Main Street Station
California Casino
Fremont Casion

Wait a sec..
These casinos use 25¢ chips? I thought Joker's Wild was the last casino in Vegas to still have them.
If these other casinos do use them, is it only for the buy commission, or can they be used elsewhere?
For example, can I make place bets in fractional units?

Craps Place Bets Payouts

I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁

Ahigh

Wait a sec..
These casinos use 25¢ chips? I thought Joker's Wild was the last casino in Vegas to still have them.
If these other casinos do use them, is it only for the buy commission, or can they be used elsewhere?
For example, can I make place bets in fractional units?

Not any more. Joker's Wild no longer uses $0.25 chips. The dealers are ECSTATIC about it too as the dice move about five times faster.
The $0.25 chips at the downtown Boyd Properties are used EXCLUSIVELY for buy bet vig-on-the-win. Verbal request REQUIRED. Nothing else except dealer bets! That is, you can throw a $0.25 hardway for the dealers, and they will book it. But that's it.
Not good for ANYTHING else.
It really is just giving in specifically to the Hawaiians who want to use their buy-four and buy-ten strategies at lower denoms (for practice, really).
I have seen buy bets go to max bets from two players at the same time at the California ($2,000 buy x2 players -- casino paid $8,000 per roll total TWICE).

Craps Buy Vs Place Bets

Very unusual for what's always a $5 minimum table with double odds to see that sort of action.

GWAE

Le casino la sarraz. Start out thinking of a PASS LINE bet..
A PLAC