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Best of Larry Edell

Gaming Guru

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Craps From A to Z: B Is for "Buy"

25 November 2001

© 2001 by Larry Edell

BUY BETS

Buy bets are very controversial in the craps circles. They involve paying an extra fee, called "vig" (or vigorish) just to make the bet. However, in return for the fee, you get true odds instead of house odds for your bet. But are buy bets really worth this extra fee? If so, why doesn't everyone buy all of the numbers instead of placing them? Let's find out!

You can only buy six numbers--the four (or ten), the five (or nine), and the six (or eight). The odds you get for placing and buying these numbers are shown below.

   Number      Place Odds      Buy Odds   
4 (or 10)9:52:1
5 (or 9)7:53:2
6 (or 8)7:66:5

If you place the four (or ten) for $30, you win $54. If you buy the four (or ten) for $30, you win $60. Most casinos charge 5% of the bet for vig, so even after paying an extra $2 (actual vig is $1.50), it is easy to see that buying the four (or ten) is better than placing it.

If you place the five (or nine) for $30, you win $42. If you buy the five (or nine) for $30, you win $45. If you paid $2 for vig you would make $1, and if you paid $1 (the actual vig is 5% of $30 or $1.50) you would come out $2 ahead.

Finally, if you place the six (or eight) for $30, you win $35. If you buy the six (or eight) for $30, you win $36. If you paid $2 for vig, you would actually lose $1, and if you paid $1 (the actual vig is 5% of $30 or $1.50), you would break even.

Since most casinos round the vig up, you will end up paying $2 vig instead of $1 in most cases. However it costs nothing to ask the dealer if you can only pay $1. For example, you could ask, "If I buy the four (or ten) for $30, can I pay $1 vig?" More often than not, the dealer will accept your bet. Give it a try. The extra dollar is certainly better off in your pocket than the casino's!

With the extra dollar on your side, you will profit or break even with all six buy bets. Without the extra dollar, the five and nine is marginal, and the six and eight is a money loser. But the four or ten should ALWAYS be bought, and not placed.

Buy bets are a good deal if you know which of the six numbers are the most profitable--and now you know!

And as always, good luck at the tables!

Larry Edell

If you would like a free copy of "The Crapshooter", the only newsletter devoted exclusively to casino craps, just send a stamped envelope to The Crapshooter, Dept. RGT., Box 421440, San Diego CA 92142. We'll also send info on our books "Make Your Living Playing Craps" and, "Tina Trapp's Guide to Craps", as well as a free catalog, and a special free offer!

Purchase Larry's book, "Make Your Living Playing Craps" available online here.

Larry Edell Websites:

www.TheCrapShooter.com
Larry Edell
If you would like a free copy of "The Crapshooter", the only newsletter devoted exclusively to casino craps, just send a stamped envelope to The Crapshooter, Dept. RGT., Box 421440, San Diego CA 92142. We'll also send info on our books "Make Your Living Playing Craps" and, "Tina Trapp's Guide to Craps", as well as a free catalog, and a special free offer!

Purchase Larry's book, "Make Your Living Playing Craps" available online here.

Larry Edell Websites:

www.TheCrapShooter.com