I'm now realizing something...
I play at a $5 3/4/5x table...however, they also allow $30 buy with $1 vig (win only)
It'd be better to just buy-the-point when it's 4/5/9/10 for $30, which would pay me $59/$44 (respectively) rather than always winning $35
They let you do that on the 5 and 9 too? I thought most places only follow the commission-paid-on-win-only policy for the 4 and 10...although I rarely buy numbers, so I very well could be wrong.
Yes, all buy/lay are the same...
The casinos vary on when the vig is taken. In MS, you can buy the 4/5/9/10 and the vig is only taken on the win.
In PA they take the vig when you make the bet. This greatly increases the HE.
In Vegas, most strip casinos will take the vig on the win for the 4/10, but will make you pay up front for the 5/9.
And it pays to also ask where the rounding occurs. For the Beau Rivage, on the Buy 5 I only paid $4 vig for a $90 bet, whereas the buy 5 for $100 was $5.
Get paid $131 for $90 risked vs
get paid $145 for $100 risked
Not that any of this helps me though. :-( Even though I am playing smarter bets, the money still all disappears the same way when the damn 7 keeps showing up........
I sense that RaleighCraps is considering a trip to the dark side.Quote: RaleighCraps
Even though I am playing smarter bets, the money still all disappears the same way when the damn 7 keeps showing up........
I've never been to a casino where they do vigs after wins only, and never thought about this til recently, but does the player actually have to say "Buy" to make it a buy? Because say a player starts at $5, presses one unit each hit. If they get to $20 the dealer just has to move the bet an inch and put a lammer on it and now it gets paid better. It almost seems sleazy to not automatically make the $20 4/10 a buy for the new player who doesn't really know what's going on. You don't have to ask for that extra dollar.
Some friendly dealers at tables I've played will inform the players that a buy on the 4/10 is better odds than a place bet and will volunteer to switch it for them. This is true even if you always pay the commission - a place bet on the 4 or 10 carries a 6.67% house edge per bet resolved, versus a 4.76% edge on the buy with always-pay commission, and 1.67% if paid on wins only. I wouldn't say the majority of dealers, but I've seen it frequently.
Buy/Lay is all the same..
$1 for $30 bet or won, collected on win only...
I wonder if there are any casinos in LV that allow the 5/9 to be bought with vig on win?
None on the strip that I found.
I sense that RaleighCraps is considering a trip to the dark side.
Well, I did have one DP bet this past trip. The shooter was shooting from the Don't, so I joined him on the DP. Point was 6, I laid $60 in odds, and collected on the 7 out 4 throws later. The way the table was rolling that was virtually guaranteed money, if there is such a thing. I really have to get past my aversion to playing wrong way....