All facets of the Buy bet are the same as the place bet except: 1) A Buy bet pays off at true chances, 2) You have to pay a tax, or a vigorish, to get the true chances, and 3) A Buy bet lies on the layout differently. Devices about the Buy bet is equivalent to the place bet.
The casino is in business to make money, so they’re not going to give you true chances for nothing (except, of course, the free true Chances bet that you can add to your Pass Line UFABET bet–they’re “free” because you don’t have to pay a vigorish). So, how does the casino make money if they pay off a Buy bet at true chances (i. e., true chances means there’s no built-in house advantage)? Ready to get screwed again? They tax you! You think that? A tax! You have to pay for the benefit of getting true chances. This tax is called a “vigorish” or “vig. inch
John Winn is the father of modern craps. His version of the game allowed playing halls to offer more player-friendly table bets in return for a 5% charge. The worst the playing halls could do was break even on true chances table bets, but they still made money because of the added 5% tax. The added charge brought in so much money that they soon referred to it as giving energy to their profits; hence, the term “vigorish. inch The vig today remains at 5%.
What makes the Buy bet on the 4 and 10 better than a place bet on the 4 and 10? Suppose you make a $10 Place bet on the 4
where the Place chances are 9: 5, and that means you win $18 for your $10 bet ($10 divided by 5 = $2, multiplied by 9 = $18). Now, instead of a place bet, suppose you make a $10 Buy bet and pay a $1 vig for the benefit of getting true chances, which are 2: 1. For a $10 Buy bet on the 4, you win $20 but have to pay the $1 vig, which results in a net compensation of $19. Comparing link between the two table bets, the winning Place bet nets you $18; whereas, the winning Buy bet nets you $19.
The Buy bet gets better as your bet amount increases. For example, suppose you make a $25 Place bet on the 10, and that means you win $45 for your $25 bet (Place chances are 9: 5). Now, suppose you make a $25 Buy bet and pay a $1 vig for the benefit of getting true chances, which are 2: 1. For a $25 Buy bet on the 10, you win $50 but have to pay the $1 vig, which results in a net compensation of $49. Comparing link between the two table bets, the winning $25 Place bet nets you $45; whereas, the winning $25 Buy bet nets you $49.
Notice in the example for the $25 Buy bet that the vig is only $1. The 5% vig for a $25 Buy bet really works out to be $1. 25, but the casino typically doesn’t have chips valued at less than $1, so the vig is round down. Generally, vigs with a fraction of 50 cents or less are round down, while vigs with a fraction greater than 50 cents are round up. Therefore, for example, a $50 Buy bet has just a $2 vig even though 5% of $50 is $2. 50. But some casinos won’t let you get away with too much of their profit. Suppose you make two separate $50 Buy table bets at the same time (e. grams., you drop $100 in the Come box and tell the dealer, “Buy the four and ten for fifty dollars each. “) Instead of rounding down the vig for each bet and charging a total vig of $4 (i. e., $2 for each $50 bet), the casino may charge the full $5 vig (i. e., $2. 50 for each $50 Buy bet).
Most casinos don’t charge the vig until after you win the bet. However, some casinos need you to pay the vig up front at the time you make the bet. For example, for a $10 Buy bet on the 4 with an up-front vig, you must put down $11 when you make the bet (i. e., $10 for your bet and $1 for the vig). If the present shooter rolls a 7, you lose $11. However, to attract customers, most casinos require the vig after you win the bet. For example, for a $10 Buy bet on the 4 with an after-win vig, you put down only the $10. Then, if you win, the dealer pays you $19 (i. e., $20 for the win subtract $1 for the vig). Paying the vig following a win reduces the house advantage, which are the Buy bet even better.
My experience is that, if a player has either casinos to play, then vigs are generally paid following a win. If a casino is the only game in town, then vigs are generally paid up front. The excuse is simple–competition. If you have either casinos, you can walk out and go to the casino next door. However, if the casino is the only game in town, they have you by the golf balls, for them to get away with charging the vig up front. Their philosophy is, “If you don’t like it, don’t play–but we know you’ll play even if you don’t like it. inch
To create a Buy bet, drop your chips in the Come box and tell the dealer the number you want to buy. The dealer then moves your chips to the point box in a position that goes along to your table position (in a way similar to Place bets) and puts a BUY button on top. The button tells the boxman and camera that you’re Buying the number instead of Placing it.
To help the inexperienced player, some dealers automatically Buy the bet instead of Placing it when it’s to the player’s advantage. For example, suppose the guy next to you makes a $25 Place bet on the 10. Being the observant player that you are, you’ll see the dealer move the $25 computer chip into the 10 point box and put a BUY button on it. The guy next to you doesn’t have a hint as to that the dealer potentially made him an extra $4 if the bet wins (i. e., an absolute $25 Buy bet nets $49; whereas, an absolute $25 Place bet nets only $45).
The Buy bet is best made on the 4 or 10. However, it can also be advantageous for the 5 and 9 if the casino allows paying the vig following a win instead of up front. For example, suppose you make a $50 Place bet on the 5 where the Place chances are 7: 5, and that means you win $70 for your $50 bet ($50 divided by 5 = $10, multiplied by 7 = $70). Now, instead of a place bet, suppose you make a $50 Buy bet and pay a $2 vig for the benefit of getting true chances, which are 3: 2. For a $50 Buy bet on the 5, you win $75 ($50 divided by 2 = $25, multiplied by 3 = $75), but you have to pay the $2 vig, which results in a net compensation of $73. Comparing link between the two table bets, the winning $50 Place bet nets you $70; whereas, the winning $50 Buy bet nets you $73. If the casino requires an up-front vig, Placing the 5 or 9 is preferable to Buying them because the house advantage is gloomier (i. e., 4. 00% for Placing the 5 or 9 versus 4. 76% for Buying them with an up-front vig).
The Buy bet isn’t smart for the 6 and 8. You should always Place the 6 and 8 instead of Buying them. Let’s do the mathematics. Even as know, Place table bets on the 6 or 8 must be in multiples of $6 to get the full Place likelihood of 7: 6; and get table bets on the 6 or 8 must be in multiples of $5 to get the full true chances. Therefore, suppose you make a $96 Place bet on the 6 and win, and that means you win $112 ($96 divided by 6 = $16, multiplied by 7 = $112). Now, instead of a place bet, suppose you make a $95 Buy bet and, when you win, pay a $5 vig for the benefit of getting true chances. For a $95 Buy bet on the 6, you win $114 ($95 divided by 5 = $19, multiplied by 6 = $114), but you have to pay the $5 vig, which results in a net compensation of $109. Comparing link between the two table bets, the winning $96 Place bet nets you $112; whereas, the winning $95 Buy bet nets you $109. So, for the 6 and 8, a place bet is preferable to a Buy bet. The house advantage for Place table bets on the 6 and 8 is gloomier than Buy table bets on the 6 and 8, regardless of whether you pay the vig up front or following a win.