payouts shown as "to" vs "for"

As I understand it Vegas uses the term "for". A payout of 8 for 1 is the same as 7 to 1

because 8 is paid to you for 1 taken by the casino vs 7 is paid to you for the original 1 that you keep.

Where I am confused is with the place numbers ...

In Vegas what is the payout considered for a 4 or 10 place bet ?

I know it as 9 to 5. What is the "for" equivalent ?

You bet $5 to win $9 whenever you Place the 4 or 10. There is no "for" on the layout.

Quote: NewToCraps

In Vegas what is the payout considered for a 4 or 10 place bet ?

I know it as 9 to 5. What is the "for" equivalent ?

14 for 5.

7 to 1 = (7+1) for 1
9 to 1 = (9+1) for 1
9 to 5 = (9+5) for 5

If you make a proposition bet on a hard 8 you can lose 10 different ways
6&2, 5&3, 3&5, 2&6 (4 ways to get a soft 8)
6&1, 5&2,4&3,3&4,2&5,1&6 (6 ways to get a 7-out)

As this count is fairly simple for most people, in the 19th century the odds were expressed as "10 for 1" to obscure the fact that there was a house edge.
When you say "9 to 1" it is immediately obvious that the house is getting an edge.

Much of the time the felt has been changed to read 9 to 1 today, since it holds up the game as people protest. In addition the employees default to leaving your bet in play so you only get 8 times your bet returned to you. It just takes longer to explain to a novice player.

Quote: Wizard

14 for 5.

Thank you, oh great one (lol). I do follow it now. Thanks again for the simple and correct answer

Quote: NewToCraps

Thank you, oh great one (lol). I do follow it now. Thanks again for the simple and correct answer

Simple rule of thumb:

"N to M" payout means you bet M and you win N when you win.
"N for M" payout means you bet M and you have a total of N when you win (including M).
therefore
"N to M" is equivalent to "N+M for M"

In your example, a winning $5 place 4 pays $9 to $5, so you have a total of $14 when you win ($14 "for" your $5 bet). Virtually all EGMs (slots, VP) use "for" payout phrasing.