I recently discussed the Free Odds bet. https://roadgambler.com/craps/craps-simple-beginners-guide-free-odds-bet/ Let's now discuss the cousin of the Free Odds bet, the place bet.
- Craps Place Bet 6 And 8 Odds
- Craps Only Betting 6 And 8
- Craps Place Bet 6 And 8 Days
- Craps Place Bet 6 And 8 Months
Place bets are one of the most popular bets in the game of craps.
This video covers a craps betting strategy called the Place craps 6 8 for beginners. This strategy is part of my craps for beginners series. It covers the pl. Place the 6 and 8 for $18 each for a total of $36, regardless if 6 or 8 is the point. Hit #1 – $18 on 6/8 pays $21. Take the 6 and 8 down to $12 each for a total of $24. Pass Bets: paying 1/1 with just a 1.41% house edge, this is a staple of all good craps strategies. Place Bet: 6 or 8, paying just over 1/1 at 7/6. The house edge is just 1.52%. Pass Line: 4 or 10, pays 2/1 with a house edge of 4.76%. Why choose this bet in craps? Place bets are wagers that a 4, 5, 6, 8, 9, or 10 will roll before the number 7 rolls. The 4, 5, 6, 8, 9, and 10 are known as ‘box numbers'. They're called box numbers because on the craps layout, the numbers are literally in an area that is box-shaped as seen in the pic above.
The chips that are straddling the lines in the picture below are place bets. The green chips, resting on top of the red chips, are come bet odds.
The place bets above are identified by their placement in the middle of the box lines, whereas the come bet + odds are entirely inside the box.
WHAT ARE PLACE BETS?
Place bets are wagers that a 4, 5, 6, 8, 9, or 10 will roll before the number 7 rolls. The 4, 5, 6, 8, 9, and 10 are known as ‘box numbers'. They're called box numbers because on the craps layout, the numbers are literally in an area that is box-shaped as seen in the pic above.
The player may wager on any, all, or any assortment of the box numbers.
Betting on all the box numbers is known as betting ‘across'.
Betting on the 5, 6, 8, and 9 is known as betting ‘inside'.
Betting on the 4, 5, 9, and 10 is known as betting ‘outside'.
A lesser known place bet assortment is betting on ‘even', which is 4, 6, 8, and 10.
Generally, while some players say ‘even' to signify betting on the 4, 6, 8, and 10, players generally do NOT say ‘odd' to bet on the 5 and 9. They just say, ‘5 and 9'. The reason is that the term ‘odd' has the meaning of the free odds bet.
Unlike the odds bet, however, a place bet does not need to be accompanied by a pass or come bet; in other words, there is no ‘flat' bet requirement. A bettor can wager a place bet by itself, with no other bets on the table. As a matter of fact, many players play place bets and nothing else.
WIN-LOSS CONDITIONS OF THE PLACE BETS
The place bets have exactly the same win-loss conditions as the odds bet. The place bet will win if the point assigned to that odds bet rolls before the 7 rolls.
For example, if the place bet is on the 8, and the 8 rolls before the 7 rolls, then the place bet on the 8 will win.
If the 7 rolls before the 8 rolls, then the place bet on the 8 (and any other ‘working' place bet) will lose.
Place bets can also be wagered and made live at any time. Be warned that typically if the bettor has a place bet, and the next roll is a come out roll, then the place bet will NOT be working unless the bettor tells the dealer that the place bet is working. Place bets, unless declared otherwise, are always presumed to be off on the come out roll.
PROPER BETTING INCREMENTS
You must be aware of proper betting increments on the place bets. Warning: betting increments on the place bets are different from the proper betting increments on the odds bets.
The following are the payouts for each point…
Place bet on 4 or 10
- Any increment of $5
- If the bettor is going to bet $20 or more on the place bet of 4 or 10, the bettor is better of ‘buying' the 4 or 10.
Place bet on 5 or 9
- Any betting increment of $5
- If the bettor is going to bet $20 or more on the place bet of 4 or 10, the bettor is better off ‘buying' the 5 or 9.
Point is 6 or 8
- Any increment of $6.
- Do not confuse the place bet increment of the 6 or 8 with the odds bet, which has a proper increment of $5.
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. Just think of it this way: for one extra dollar, you obtain an extra $4.
Place bet on 5 or 9
- Every $5 increment will pay $7
- For example, if the bettor bets $10, then the payout will be $14.
Point is 6 or 8
- Every $6 increment will pay $7.
- For example, if the bettor bets $12, then the payout will be $14.
- The penalty for confusing the place bet increment with the odds bet increment is that the casino will round down. For example, if the bettor bets $10 on the place bet, the casino will pay $11. The breakdown is that the first $6 will pay $7, and then the remaining $4 will pay even money $4. Thus, $7+$4=$11. If the player had bet an extra $2, instead of $10 place bet on the 6 or 8, the player would have gained an extra $4.
CONCLUSION
Place betting is one of the best bets at the craps table. While not as good mathematically as the odds bet, the place bet has the advantage over most other bets in that the place bets take, on average, 4 rolls of the dice to resolve. Imagine how much longer you could play, and how long your bankroll would last if on a game, such as blackjack, where you had to play four hands to win or lose one wager. Or if you had to spin the reel on a slot machine four times to determine a win or lose.
Most players are not fans of waiting out the protracted time it takes to resolve a single place bet. For those players, myself included, I prefer to make multiple bets, which is a viable option.
TEST YOUR MIGHT!
So now that you've read this article and you can identify the place bets on the layout, let's take a little pop quiz.
In the pic below, identify the bets that are NOT place bets…
Answer below…
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Bonus question…
Of the chips in the pic directly above, with the four arrows, how many bets are NOT place bets? In other words, identify the bets that are NOT place bets…
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Craps Place Bet 6 And 8 Odds
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Craps Only Betting 6 And 8
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Steve heyo poker night 2. Answer:
There are five bets that are not place bets.
The bets that are NOT place bets are the following:
Remember, the odds bet cannot be made without a come bet, so there is a come bet hiding under the odds bet.
Progress Publishing Co. |
Dice Control for Casino Craps / Gambling Disciples of God |
Craps Home | Craps Contents | Craps Diagram | Dice Control | Application | Throwing |
Dice Grips | Pick-Ups | Bet Size | Craps Dice Sets | Craps Master | Craps Skill |
Disciples | Craps Systems | Trouble | Expected Win | Craps Rules | Craps History |
Craps Odds | Craps Pass Bet | Craps Place Bets | Craps Buy Bet | Free Odds Bet | Craps Field Bet |
Craps Lay Bet | Craps Come Bet | Proposition Bets | Gambler&Mythology | Links | ORDER |
Slots |
From Chapter 2
Craps Place Bets and Big 6 and Big 8 Bets
*****************************************************************
In the pic below, identify the bets that are NOT place bets…
Answer below…
…
…
…
…
…
Bonus question…
Of the chips in the pic directly above, with the four arrows, how many bets are NOT place bets? In other words, identify the bets that are NOT place bets…
…
Craps Place Bet 6 And 8 Odds
…
…
Craps Only Betting 6 And 8
…
…
…
…
Steve heyo poker night 2. Answer:
There are five bets that are not place bets.
The bets that are NOT place bets are the following:
Remember, the odds bet cannot be made without a come bet, so there is a come bet hiding under the odds bet.
Progress Publishing Co. |
Dice Control for Casino Craps / Gambling Disciples of God |
Craps Home | Craps Contents | Craps Diagram | Dice Control | Application | Throwing |
Dice Grips | Pick-Ups | Bet Size | Craps Dice Sets | Craps Master | Craps Skill |
Disciples | Craps Systems | Trouble | Expected Win | Craps Rules | Craps History |
Craps Odds | Craps Pass Bet | Craps Place Bets | Craps Buy Bet | Free Odds Bet | Craps Field Bet |
Craps Lay Bet | Craps Come Bet | Proposition Bets | Gambler&Mythology | Links | ORDER |
Slots |
From Chapter 2
Craps Place Bets and Big 6 and Big 8 Bets
*****************************************************************
In This Chapter
- Craps Personnel
- Flow of the Craps game
- Dice totals and their frequencies, probabilities and odds
- Craps Bets
**********************************************************
Place Bets
The Place bets are among the most popular Craps bets for a right bettor. They can be made at any time. To make, for ex, a Place bet on 6 you have to tell the dealer: 'Place the 6', or 'Cover the 6'. The dealer will place your chips in the designated area inside the box with the number 6. You win your place bet that you can make on any point number – a 4,5,6,8,9 or 10, – if a point number repeats before a 7 is thrown. You lose if a 7 is tossed before a point comes up.
If you place a 4 or 10, the correct odds for those numbers are 2 to 1 against, because there are only three ways to roll them against six ways to throw a 7. Free blackjack sounds sound. The house payoffs, however, are made at only 9 to 5 ratio. The difference between the correct odds ratio and the payoff ratio gives the house the advantage of 6.67% against the player. If the payoff was 10 to 5 (the correct odds), then the Place bets would be the even proposition bets.
The correct odds for the Place bets on a 5 or 9 are 3 to 2, but the payoffs are only 7 to 5. In result, the house has the advantage of 4%. The correct odds for the Place bets on a 6 or 8 are 6 to 5, but the payoffs are made at 7 to 6. That difference gives the house the edge of 1.52% over the player.
In order to get full payoffs on the Place bets on a 4 (or 10) and a 5 (or 9), your bets should be in increments of $5, because the payoffs are 9 to 5 and 7 to 5 respectively. If you place a 6 or 8, your bets should be in multiples of 6 due to the payoff of 7 to 6.
Some players like to place bets on the 'inside numbers' – a 5,6,8 and 9. Other players prefer 'outside numbers' – a 4,5,9 and 10. Aggressive players place bets 'across the board' and cover all the numbers at the same time – a 4,5,6,8,9 and 10.
A player can request the Place bets to be 'off' for one or more rolls. They can also be removed, reduced or increased at any time. All Place bets are 'off' on a come out roll – if a 7 is thrown, you don't loose your bets. If you want your bets working on a come out roll, you must tell the dealer: 'Place bets are 'on' on the come out'.
Big 6 and Big 8
These two Craps bets are similar to the Place bets on a 6 and 8. Big 6 and Big 8 bets can be made at any time including a come out roll. You can increase, reduce or remove Big 6 and Big 8 bets at any moment prior to a roll.
Big 6 and Big 8 win if a 6 and 8 repeat before a 7 is rolled. If a 7 is tossed before the numbers come up, you lose the Big 6 and Big 8. The difference between them and the Place bets on a 6 and 8 is in the amount of the payoff. The correct odds for a 6 and 8 to beat a 7 is 6 to 5 against them. The payoff for the winning Place bets is 7 to 6, but the payoff for the Big 6 and Big 8 in Las Vegas casinos is made at even money. In result, the house edge is raised to 9.09% instead of 1.52% given to the house by the Place bets. Thus, if you want to cover a 6 or 8, it's better to place them than bet on the Big 6 and Big 8. In Atlantic City the Big 6 and Big 8 are paid at 7 to 6 ratio and that makes them identical to the Place bets on a 6 and 8.
Craps Place Bet 6 And 8 Days
Copyright Progress Publishing 1998