Place Bets

Place Bets

The above place bet is placed on the “Nine”. The rules are simple. Every time the shooter rolls a “Nine” the player will get paid. If the roll is a “Seven” the place bet loses.

Note: Place Bets don’t win or lose on the come out roll due to the fact they are automatically off.

On every Place Bet you are betting that the shooter rolls that number before a “Seven”. Every time that number repeats it will get paid and only lose on a “Seven”.

What odds do I get paid on a place bet?

  • “Four” and “Ten”: The “four” and “ten” pay 9 to 5. In other words for every five dollars bet you will get paid nine dollars. On all place bets on the “four” and “ten” that are twenty dollars or more the casino will give you an automatic “buy”. In most places you don’t have to ask for it, it is now automatic. The payoffs on these are 2 to 1 minus 5% vigorous on the amount bet. So as an example let us say you have a bet of $20.00. You will get paid $40.00 minus 5% of $20.00 (which is $1) for a total of $39.00. 20X2-.05X20=$39.00.
  • “Five” and “Nine”: The “five” and “nine” pay 7 to 5. So for every five dollars you bet you will get paid seven dollars. That goes for every amount bet. The ratio on these numbers will never change. If you bet $500 you will get paid $700, etc.
  • “Six” and “Eight”: The “six” and “eight” pay 7 to 6. For every six dollars you bet you will get paid seven dollars. That is why on a table with a ten dollar minimum the dealer will ask for twelve dollars instead of ten dollars for the six and eight. No, the dealer is not trying to suck more money out of your pocket; he is just making sure you get the proper bet. Remember, the house already has the advantage, by making improper bets you are just increasing the houses percentage.

Buy Bets

In the picture above that was how Buy Bets were made in the olden days because you had to pay the “commission” up front.

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