Craps Buy Bets Payout
2021年4月27日Register here: http://gg.gg/uebi7
*Craps Buy Bets Payouts
*Craps Lay Bets Payout
In this example, the payout for the Buy and Place bets are equal, so the bets are considered a wash. By increasing the bet amount, you can make the Buy bet on the 5 and 9 better than the Place bet. Let’s compare a $50 Place bet to a $50 Buy bet. At 7:5 Place odds, your winning $50 Place bet wins $70. The amount of money you place doesn’t figure into the odds, but it does figure into the Craps payout. Craps Payout: For a 1/1 payout, if you bet $5 and win, you only get $5 on top of the $5 you bet. Poker tournament hard rock punta cana. House Edge%: This percentage shows how much of a percent over the 50% (even odds) that the House holds. Basically this% represents the. For total outlays (the bets plus the vigorish) equal to or under $40, the crossover odds multiple is the outlay minus $3 divided by 3. This yields 12X odds for $38 bets with $1 vigorish. The equivalent Put, were it allowed, would be $3 with $36 odds.steve5kI was looking through the Wizard’s website on the craps odds and payouts, and need some clarification on the buy bet section. I see the 2 following lines for buying the 6 or 8:
Buy 6 & 8 pays 23 to 21, when the commission is always paid.
Buy 6 & 8 pays 23 to 20, when the commission is paid on a win only.
When the commission is always paid, isn’t that why the bet =$21? $20 for the bet + $1 up front for the commission?
If so, shouldn’t the win amount be $24? Shouldn’t it pay 24 to 21?
I’m wondering because that’s what I think when I see the 2nd line, and it seems to have a $20 bet with a $23 payout ($24 for the actual payout less the $1 commission charged when the bet wins).
What am I missing?
Edit: the same applies for the 5 & 9, and 4 & 10 buy betswudgedWith vig up front, it costs you $21 when you lose. When you win, you initially put in $21 and you are returned $24 (win) + $20 (bet) = $44, for a net of $23.AhighI’m only familiar with Las Vegas, but for what it’s worth, the only thing you ever buy around here is a four or a ten. I’ve (very rarely) seen buys on the 5 and 9, but the other buy bets (except for ’SHOOT TO WIN’ aka ’bubble craps’) are very rare here.FleaStiff
I’m only familiar with Las Vegas, but for what it’s worth, the only thing you ever buy around here is a four or a ten. Ff13-2 casino slots trick. I’ve (very rarely) seen buys on the 5 and 9, but the other buy bets (except for ’SHOOT TO WIN’ aka ’bubble craps’) are very rare here. I would agree that quote is the practical, real-world advice. Don’t Buy anything but the 4 0R 10, if possible avoid paying a commission up front, but remember its likely to be charged when you win.
For the math involved, sure go to a craps machine, but at a real world table with live dealers, they will probably tell you its better for you to Buy the 4 and 10 and to PLACE the 5 and 9 as well as the 6 and 8. If they don’t tell you this its probably a fast table.steve5kOK, so is the website wrong, then? Similar payouts are listed for the 4 and 10, so lets look at those..
It says buying the 4 and 10, when vig has to be paid up front, will pay 39 to 21;
and when buying the 4 & 10 with vig paid only when it wins is 39 to 20.
I believe the 2nd one, pays 39 to 20 when vig paid on a win, but the first line looks to me like it should be 40 to 21? $1 vig paid up front then 2:1 when it wins. Should it be 40:21 or 39:21?
P.S. Believe me, the only numbers I would buy are the 4 and 10, but I’m just looking at the math on a chart from a website, and it just looks like something is off. It’s about 2/3 of the way down on: wizardofodds.com/games/craps/DocFor a $20 buy bet on the 4/10, vig paid only on the win, you are only putting $20 at risk. Therefore, the payout must be “to 20”. If it wins, you are paid $40 less the $1 vig, or “39 to 20.”
If the vig is paid up front, you have put $21 at risk, so the payout is “to 21.” If it wins, you are paid $40 on the $20 you had on the felt, but you must deduct that $1 you paid up front. You won a net $39 (just as in the paragraph above), but in this case it was “39 to 21.”
Ratio of the net win on a win to the total loss if you had lost.RS$10 buy on 4. $1 up front (so bet is $11). Payout is $20. Since they’re keeping the bet up, they charge you another $1 (pay up front for next roll).mustangsally
If the vig is paid up front, you have put $21 at risk, so the payout is “to 21.” If it wins, you are paid $40 on the $20 you had on the felt, but you must deduct that $1 you paid up front. This only applies if one is trying to calculate the ev or house edge of the bet
The Wizard’s table says
PAYS
Quote: Doc
Ratio of the net win on a win to the total loss if you had lost.sure, only useful if computing the ev or the house edge
But for PAYS, I also agree the bet PAYS 40 to 21.
In my opinion here, JB and / or the Wizard have attempted to simplify this as a one fits all value.
(This was also done in the Craps Games V2)
It does not in my opinion
sure, here is my proof
B = Bet (NOT total $ given to the Dealer)
first example
The *PAYS* on a winning Hard 6
9 to 1
or
9*B to 1*B (divide both sides of *to* by B and get 9*1 to 1*1 or 9 to 1)
The *PAYS* on a winning Buy 4 vig paid up front (probably the most common found on this planet Earth)
pays 2*B duh
$ given to dealer = B + (B*.05) remember for this $20 Buy 4 fits all example
2*B to B + (B*.05)
now (B*.05) = B/20
(B*(5/100))
2*B to B + B/20
multiply each term by 20
2*B*20 to 20*B + (B/20)*20 =
40B to 20B +B =
40B to 21B
and
divide both side by B (see the first example)
Craps Buy Bets Payouts40 to 21Craps Lay Bets Payout
so also
40/21 to 1
still this $20 fits all example
more work could be done on this to make the Wizard of Odds Buy Bets the LAST words on Buy bets :)
just my opinions
Sally98ClubsThe problem I see here is that responses tend to ’Chain’ the event. $21 on the 4 pays $40, the $1 is taken from the $21. The return is 60 for 21. When one loses this bet there are two outcomes;
A.) The entire $21 is forfeit (standard commission rule)
B.) The $20 bet is lost, with the $1 commission returned (Commission when you win)
When in outcome A the risk is $21 and the return is zero for $21.
When in outcome B the risk is $20 and the return is $1 for $21.rudeboy99This is how the ’buy behind’ works on either the 6 or 8. The player tosses in a $25 chip or any multiples therein. The base dealer sets up a $24 be behind the number the player has chosen and places a ’lammer’ on top of the bet that says ’LAY’ and $1 goes to the house to pay the ’vig’. This way the ’sky’ can ascertain the exact type of wager it is at a glance. If the shooter 7’s out before the target number is rolled, the base dealer pays out $20 for every $24 bet and the payoff and the original $24 are returned to the player. So if you’re going to buy behind or lay the 6 or 8 do it in units of $25.
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*Craps Buy Bets Payouts
*Craps Lay Bets Payout
In this example, the payout for the Buy and Place bets are equal, so the bets are considered a wash. By increasing the bet amount, you can make the Buy bet on the 5 and 9 better than the Place bet. Let’s compare a $50 Place bet to a $50 Buy bet. At 7:5 Place odds, your winning $50 Place bet wins $70. The amount of money you place doesn’t figure into the odds, but it does figure into the Craps payout. Craps Payout: For a 1/1 payout, if you bet $5 and win, you only get $5 on top of the $5 you bet. Poker tournament hard rock punta cana. House Edge%: This percentage shows how much of a percent over the 50% (even odds) that the House holds. Basically this% represents the. For total outlays (the bets plus the vigorish) equal to or under $40, the crossover odds multiple is the outlay minus $3 divided by 3. This yields 12X odds for $38 bets with $1 vigorish. The equivalent Put, were it allowed, would be $3 with $36 odds.steve5kI was looking through the Wizard’s website on the craps odds and payouts, and need some clarification on the buy bet section. I see the 2 following lines for buying the 6 or 8:
Buy 6 & 8 pays 23 to 21, when the commission is always paid.
Buy 6 & 8 pays 23 to 20, when the commission is paid on a win only.
When the commission is always paid, isn’t that why the bet =$21? $20 for the bet + $1 up front for the commission?
If so, shouldn’t the win amount be $24? Shouldn’t it pay 24 to 21?
I’m wondering because that’s what I think when I see the 2nd line, and it seems to have a $20 bet with a $23 payout ($24 for the actual payout less the $1 commission charged when the bet wins).
What am I missing?
Edit: the same applies for the 5 & 9, and 4 & 10 buy betswudgedWith vig up front, it costs you $21 when you lose. When you win, you initially put in $21 and you are returned $24 (win) + $20 (bet) = $44, for a net of $23.AhighI’m only familiar with Las Vegas, but for what it’s worth, the only thing you ever buy around here is a four or a ten. I’ve (very rarely) seen buys on the 5 and 9, but the other buy bets (except for ’SHOOT TO WIN’ aka ’bubble craps’) are very rare here.FleaStiff
I’m only familiar with Las Vegas, but for what it’s worth, the only thing you ever buy around here is a four or a ten. Ff13-2 casino slots trick. I’ve (very rarely) seen buys on the 5 and 9, but the other buy bets (except for ’SHOOT TO WIN’ aka ’bubble craps’) are very rare here. I would agree that quote is the practical, real-world advice. Don’t Buy anything but the 4 0R 10, if possible avoid paying a commission up front, but remember its likely to be charged when you win.
For the math involved, sure go to a craps machine, but at a real world table with live dealers, they will probably tell you its better for you to Buy the 4 and 10 and to PLACE the 5 and 9 as well as the 6 and 8. If they don’t tell you this its probably a fast table.steve5kOK, so is the website wrong, then? Similar payouts are listed for the 4 and 10, so lets look at those..
It says buying the 4 and 10, when vig has to be paid up front, will pay 39 to 21;
and when buying the 4 & 10 with vig paid only when it wins is 39 to 20.
I believe the 2nd one, pays 39 to 20 when vig paid on a win, but the first line looks to me like it should be 40 to 21? $1 vig paid up front then 2:1 when it wins. Should it be 40:21 or 39:21?
P.S. Believe me, the only numbers I would buy are the 4 and 10, but I’m just looking at the math on a chart from a website, and it just looks like something is off. It’s about 2/3 of the way down on: wizardofodds.com/games/craps/DocFor a $20 buy bet on the 4/10, vig paid only on the win, you are only putting $20 at risk. Therefore, the payout must be “to 20”. If it wins, you are paid $40 less the $1 vig, or “39 to 20.”
If the vig is paid up front, you have put $21 at risk, so the payout is “to 21.” If it wins, you are paid $40 on the $20 you had on the felt, but you must deduct that $1 you paid up front. You won a net $39 (just as in the paragraph above), but in this case it was “39 to 21.”
Ratio of the net win on a win to the total loss if you had lost.RS$10 buy on 4. $1 up front (so bet is $11). Payout is $20. Since they’re keeping the bet up, they charge you another $1 (pay up front for next roll).mustangsally
If the vig is paid up front, you have put $21 at risk, so the payout is “to 21.” If it wins, you are paid $40 on the $20 you had on the felt, but you must deduct that $1 you paid up front. This only applies if one is trying to calculate the ev or house edge of the bet
The Wizard’s table says
PAYS
Quote: Doc
Ratio of the net win on a win to the total loss if you had lost.sure, only useful if computing the ev or the house edge
But for PAYS, I also agree the bet PAYS 40 to 21.
In my opinion here, JB and / or the Wizard have attempted to simplify this as a one fits all value.
(This was also done in the Craps Games V2)
It does not in my opinion
sure, here is my proof
B = Bet (NOT total $ given to the Dealer)
first example
The *PAYS* on a winning Hard 6
9 to 1
or
9*B to 1*B (divide both sides of *to* by B and get 9*1 to 1*1 or 9 to 1)
The *PAYS* on a winning Buy 4 vig paid up front (probably the most common found on this planet Earth)
pays 2*B duh
$ given to dealer = B + (B*.05) remember for this $20 Buy 4 fits all example
2*B to B + (B*.05)
now (B*.05) = B/20
(B*(5/100))
2*B to B + B/20
multiply each term by 20
2*B*20 to 20*B + (B/20)*20 =
40B to 20B +B =
40B to 21B
and
divide both side by B (see the first example)
Craps Buy Bets Payouts40 to 21Craps Lay Bets Payout
so also
40/21 to 1
still this $20 fits all example
more work could be done on this to make the Wizard of Odds Buy Bets the LAST words on Buy bets :)
just my opinions
Sally98ClubsThe problem I see here is that responses tend to ’Chain’ the event. $21 on the 4 pays $40, the $1 is taken from the $21. The return is 60 for 21. When one loses this bet there are two outcomes;
A.) The entire $21 is forfeit (standard commission rule)
B.) The $20 bet is lost, with the $1 commission returned (Commission when you win)
When in outcome A the risk is $21 and the return is zero for $21.
When in outcome B the risk is $20 and the return is $1 for $21.rudeboy99This is how the ’buy behind’ works on either the 6 or 8. The player tosses in a $25 chip or any multiples therein. The base dealer sets up a $24 be behind the number the player has chosen and places a ’lammer’ on top of the bet that says ’LAY’ and $1 goes to the house to pay the ’vig’. This way the ’sky’ can ascertain the exact type of wager it is at a glance. If the shooter 7’s out before the target number is rolled, the base dealer pays out $20 for every $24 bet and the payoff and the original $24 are returned to the player. So if you’re going to buy behind or lay the 6 or 8 do it in units of $25.
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