ChumpChange
ChumpChange
Joined: Jun 15, 2018
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June 24th, 2020 at 1:29:11 PM permalink
Does a Lay 8 bet of $24 + $1 vig up front count as a $25 bet for the table minimum of $25 or do I have to go to a Lay 8 of $30 + $1 vig up front because it PAYS $25?

Does a Lay 9 bet of $30 + $1 vig up front count as a $25 bet, or do I need a $39 bet + $1 vig up front because it PAYS $26?

Does a Lay 10 bet of $40 + $1 vig up front count as a $25 bet, or do I need a $50 bet + $1 vig up front because it PAYS $25?

WinCraps was just rounding my green chip lay bets on all numbers to $30 + $1 vig on a $25 table minimum.
onebok
onebok
Joined: Mar 31, 2016
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Thanks for this post from:
ChumpChange
June 25th, 2020 at 4:22:20 AM permalink
Vig is NOT the bet. The latter of your "or" clauses is the rule.
The lay must result in a win that is at the table minimum or higher.
That doesn't mean that you wouldn't get away with the former in many venues.
DJTeddyBear
DJTeddyBear
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June 26th, 2020 at 5:07:54 AM permalink
Iíve tried at some $25 tables to PLACE $24 on 6/8 with $1 toke bets. Total $25 bet, right?

Some allowed it. Some didnít.

I guess what Iím saying is it depends. Try it.

Your mileage may vary.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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June 26th, 2020 at 5:50:25 AM permalink
I'm gonna need a $310 buy-in for ten Lay 8 bets, instead of $250.
I'm gonna lose $31 in vig for every 31 $30 bets I make.

Bah, it's not gonna work well with my progression. Gonna have to scout out a $15 table or buy-in for $500 with ten $48 Lay 8 bets.
Last edited by: ChumpChange on Jun 26, 2020
DeMango
DeMango
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June 26th, 2020 at 2:53:13 PM permalink
Quote: DJTeddyBear

Iíve tried at some $25 tables to PLACE $24 on 6/8 with $1 toke bets. Total $25 bet, right?

Some allowed it. Some didnít.

I guess what Iím saying is it depends. Try it.

Your mileage may vary.


In the grand scheme of things go $25 or $26. You lose 16 cents for the former, get $30 payout on latter. Easy to make bet proper at $30.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
TinMan
TinMan
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June 26th, 2020 at 4:20:42 PM permalink
Other than craps and sports betting, are there any other lay bets/bets that pay less than 1 to 1? Slot machines sometimes return less than one bet but I donít think of that as a lay bet. I canít think of any other table games with lay bets.
If anyone gives you 10,000 to 1 on anything, you take it. If John Mellencamp ever wins an Oscar, I am going to be a very rich dude.
unJon
unJon
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June 26th, 2020 at 4:38:42 PM permalink
Quote: TinMan

Other than craps and sports betting, are there any other lay bets/bets that pay less than 1 to 1? Slot machines sometimes return less than one bet but I donít think of that as a lay bet. I canít think of any other table games with lay bets.



Good question. Only thing that comes to mind is an over bet bluff in poker (laying that your opponent doesnít have the hand to call). Not really the same thing.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
ThatDonGuy
ThatDonGuy
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June 26th, 2020 at 5:05:02 PM permalink
Quote: TinMan

Other than craps and sports betting, are there any other lay bets/bets that pay less than 1 to 1? Slot machines sometimes return less than one bet but I donít think of that as a lay bet. I canít think of any other table games with lay bets.


Does the 5% commission on banker bets in baccarat count?
TinMan
TinMan
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June 26th, 2020 at 5:14:39 PM permalink
That is an excellent point. Yeah, Iíd call 19 to 20 for banker Bacc bet a lay bet. You are betting on a mathematical favorite (different from the commission in PGP/PGT where the underlying game is exactly even).
If anyone gives you 10,000 to 1 on anything, you take it. If John Mellencamp ever wins an Oscar, I am going to be a very rich dude.

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