Place Bet

In the exciting and fast-paced world of online casino craps, one term you’re bound to encounter is the Place Bet. This popular wager is straightforward but requires some knowledge to use effectively. Here’s everything you need to know about Place Bets, including what they are and key strategies for maximizing your potential wins.

What Is a Place Bet in Craps?

A Place Bet is a wager placed on a specific number—4, 5, 6, 8, 9, or 10—to be rolled before a 7. Unlike other bets in craps, a Place Bet is not contingent on the shooter’s point being established. Instead, you can make this wager at any time during the game, as long as the shooter has moved beyond the Come Out roll.

Each number has specific payout odds:

4 and 10Pays 9:5
5 and 9Pays 7:5
6 and 8Pays 7:6

The house edge for Place Bets varies depending on the number you choose. For example, betting on 6 or 8 offers the lowest house edge at 1.52%, making these numbers popular among experienced players.

How to Place a Place Bet

To make a Place Bet, simply:

  1. Wait for the Come Out roll to determine if a point is established.
  2. Tell the dealer your desired number and hand them your chips. For instance, say, “Place $10 on 6.”
  3. Once your number is rolled before a 7, the dealer will pay you based on the payout odds.

It’s important to note that Place Bets are considered "off" during the Come Out roll unless you specifically request otherwise.

Strategies for Using Place Bets

While Place Bets can be lucrative, they’re not all created equal. Here are some tips to improve your chances:

  • Focus on 6 and 8: These numbers have the best payout-to-risk ratio.
  • Avoid 4 and 10: The higher house edge makes these numbers less favorable.
  • Press Your Bets: As you win, consider reinvesting part of your winnings to maximize profits during a hot roll.

Advantages of Place Bets

  • Flexibility: You can place these bets at any time during the game.
  • Control: Unlike Pass Line bets, you get to choose the numbers you wager on.
  • Lower Risk: If you stick to 6 and 8, you’re working with one of the best bets in the game.

Disadvantages of Place Bets

  • No True Odds: Unlike Pass Line or Come Bets, Place Bets don’t offer true odds payouts.
  • Higher House Edge: For numbers like 4 and 10, the house edge can eat into your winnings.

Place Bet FAQs

Can I remove a Place Bet after I’ve made it?

Yes, you can. Place Bets are not locked in and can be removed or turned off at any time.

What happens to my Place Bet if the shooter rolls a 7?

If a 7 is rolled, your Place Bet loses.

Are Place Bets better than Pass Line bets?

Not necessarily. Each has its own advantages. Place Bets offer flexibility, while Pass Line bets offer true odds payouts.

Can I make a Place Bet on all numbers at once?

Yes, but doing so spreads your risk across higher house-edge numbers like 4 and 10.

What’s the minimum bet for a Place Bet?

This depends on the casino, but most tables have a $5 minimum.

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